Top Equipment News

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Egis wins new design contract for Dhaka metro
Bangladesh Government is planning to build Mass Rapid Transit (MRT) line 5, commonly known as southern metro rail, in Dhaka.

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Mahindra new SUV project codenamed W601 to be branded XUV700
The XUV700 is an all new, authentic, global SUV set to redefine benchmarks in the SUV segment and get your hearts racing with its sci-fi technology, spirited performance and first-in-class features.

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Srei Equipment receives EoI for $250 mn capital infusion from international PE funds
The international private equity ("PE") funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.

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Mahindra offers India’s first one-stop solution for vehicle scrapping
The agreement with MMRPL will enable customers get a hassle free and transparent deal under one roof. Any customer intending to purchase a new Mahindra Vehicle by scrapping/exchanging the old vehicle which is more than 15 years can do so at any Mahindra dealership.

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Bharat Road Network, Cube Highways sign deal for sale of 126-km road project in UP
BRNL along with its partners inks deal for complete transfer of ownership in an operating toll road project from Ghaziabad to Aligarh on National Highway 34

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Grove GHC130 provides Terra E&C with strength & precision in ecologically sensitive job
An environmentally sensitive and time-restricted project called for reconstruction of a river embankment and relaying of a gas line with minimal disturbance.

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Volvo CE EC210D powering up east java quarry in Indonesia
A rental and general contractor company in Surabaya, East Java, already relies on some of the leading machines from Volvo Construction Equipment, as it excavates limestone to meet Indonesia’s infrastructure demands. But four new additions are taking the company’s work to the next level.

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Stainless steel production declines by 19% to 3.17 MT in CY2020: ISSDA
India remains second-largest producer globally despite a challenging year.

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HCC Group to receive Rs 1,259 cr from NHAI BOT conciliations
HCC Concessions (HCON), the infrastructure development arm of HCC Group, concluded its conciliation with NHAI for all disputes concerning Baharampore-Farakka Highways Ltd (BFHL) and Farakka-Raiganj Highways Ltd (FRHL).

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Mahindra’s farm equipment sector sells 29,817 units in India during March 2021
Domestic sales in March 2021 were at 29,817 units, as against 13,418 units during March 2020.