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One year of lockdown: Real estate sector beating pandemic blues

For many industries, this was a transformative year and one of them which underwent a turbulent change was the real estate sector.

Maharashtra CM offers quick approvals for industry projects

Maharashtra Chief Minister Uddhav Thackeray in a meeting with industrialists assured that the state government would give quick approvals for new projects

Welspun bags Rs 14.60 billion road project

Welspun Enterprises has bagged a Rs 14.60 billion road project from the Maharashtra Government.

L&T to construct Shivaji statue in Mumbai

The Maharashtra government has awarded the contract to build the Shivaji statue in the Arabian Sea, to Larsen and Toubro (L&T). The state government gave the letter of acceptance to L&T that will build the memorial at a cost of Rs 2,500 crore on an engineering, procurement and construction model.

Aiming for New Heights

Sany has made its presence felt in Indian construction equipment market with its quality range of equipment. Be it excavators, cranes, or concrete equipment, Sany has created a niche market in India. In its 15 years of service to Indian market, Sany has become the market leader in crane business.

BWSL: A Triumph of Precision Engineering

Bandra-Worli Sea Link (BWSL) is the first-of-its-kind civil engineering marvel on Mumbai?s coastline. With its cable-stayed towers soaring gracefully skywards, the sea link is a reflection of the modern infrastructure that Mumbai added in its progress towards becoming a world-class city.

Centres nod for Mumbai coastal road project

The Central Government came out with a notification for the long pending proposal of constructing a coastal road in Mumbai, aimed at reducing the traffic woes of the city.

Underground substations to be built in Mumbai

To augment the power supply network in Mumbai and to overcome space constraints for setting up infrastructure

Green clearance for Mumbai coastal road project

The Centre has given environmental clearance to the 35-km coastal road project that connects North and South Mumbai. The Minister for Environment and Forests, Prakash Javadekar, granted clearance to the Rs 8,500-crore project.

NHAI supported highways to use concrete

Union Transport Minister Nitin Gadkari said all new highway projects supported by National Highways Authority of India (NHAI) will use cement concrete. In a recent meeting with media persons, Gadkari said that the current rate of cement per bag is about Rs 350, but his Ministry has zeroed in on a supplier who can sell a bag at Rs 120 per (excluding taxes and transport).

M&M to invest Rs 4,000 crore on Chakan plant expansion

Mahindra & Mahindra will invest Rs 4,000 crore over a sever-year period to expand its existing facility at Chakan in Maharashtra. The fresh infusion would take its total investment in Chakan to Rs 8,000 crore.

MOIL gets prospecting licence for 11 blocks

In Nagpur and Bhandara districts, the Maharashtra government granted Prospecting Licence (PL) to MOIL for 11 blocks spread over 597 hectare area. While six blocks are located in Ramtek, Saoner and Mouda tehsils of Nagpur district, five blocks are located in neighbouring Tumsar tehsil of Bhandara district. With this, the manganese ore producer will get 11 new blocks, including three big blocks adjacent to its prese

High land prices make 36 mining projects unviable

The cost for 36 projects rose Rs 2,690 crore because of high land prices and all the projects have turned unviable, MK Singh, Chairman of Western Coalfields is quoted in a media report. With the existing cost of production, coal price from these projects may double, the report indicate. The elevated price of land

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