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Budget focuses on infra to revive economic growth
Finance Minister Nirmala Sitharaman proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP)
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Union Cabinet clears new divestment policy
The Union Cabinet cleared the new policy for Public Sector Enterprises (PSEs). A broadsheet for disinvestment is expected to be announced by Finance Minister Nirmala Sitharaman in the Union Budget.
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CE market to pick up in long term
After a 15 per cent drop in construction equipment demand to 83,470 units in 2019, some signs of recovery were visible at the beginning of 2020.
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CNH Industrial certified as Great Place to Work for 2nd consecutive year
Great Place to Work®, the global authority in workplace culture assessment and recognition, has re-certified CNH Industrial (India) Pvt. Ltd. in its 2021 company ranking in India. This is the second consecutive year of certification for the Company.
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Ajax Engg gears up for Atmanirbharta
The leading SLCM manufacturer says it is investing Rs 140 crore to help in its plan to diversify its construction to roads, railways, energy, and irrigation.
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Data-driven governance under Smart Cities Mission
In each of the 100 designated Smart Cities across the country, the selected City Data Officer (CDO) is currently undergoing a six-week training by the "Smart Cities Mission" and Tata Trusts.
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Bengaluru Metro phase 2 underway
In what will be a major relief to the traffic woes of Bengaluru commuters, the six-km long Southern Extension line under phase-2 of Namma Metro was flagged off recently.
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Real estate sector seeks Rs 1.25 lakh cr stress fund
The National Real Estate Development Council (NAREDCO), an industry body, is seeking an estimated Rs 125,000 crore via many Housing Finance Corporations (HFCs) and Non-Banking Financial Companies (NBFCs) who they say are ready to establish such stress funds for the ailing real estate sector. According to the body, this will allow for faster sanctions and appraisals.
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Potain cranes drive efficiency for Pinetop custom homes
Potain self-erecting tower cranes are a mainstay of the global construction industry and are steadily strengthening their growing reputation in the residential homebuilding market throughout North America.
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Jaya Jamrani is new VP – Marketing at Castrol India
Castrol India Limited, India’s leading automotive lubricants company, announced the appointment of Jaya Jamrani as vice president – marketing effective from 1 January 2021 to lead Castrol’s marketing function for India.
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