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Budget Reactions | JCB India
Finance Minister Arun Jaitley has presented a well-balanced and constructive combined budget, focusing on the most critical aspects of the economy, such as Infrastructure, Agriculture and Rural India.
Budget Reactions | M3M
We welcome the government decision to bring affordable housing in the infrastructure sector. Also, definition of affordable housing changed to make it more practical to build and market. Now, we can expect focus on building more affordable housing projects, also rural housing will get big push.
Used excavator market has a huge potential worldwide
Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.
Used excavator market has a huge potential worldwide
Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.
Srei BNP Paribas raises benchmark rate
The leading infrastructure and construction equipment finance firm Srei BNP Paribas has announced a hike in its benchmark rate by 25 basis points, from 17.75 per cent to 18 per cent, with immediate effect.
Power equipment industry shrinks 10.5% in 3rd quarter
In the third quarter of 2012-13, the power sector has deepened into gloom further as electrical equipment industry shrank 10.5 per cent. Turnover contracted 10 per cent, declining for the third consecutive quarter, and falling in double digits for the first time. The Indian Electrical and Electronics Manufacturers' Association (IEEMA) said almost all sectors declined, particularly power cables and energy meters business.
Srei BNP Paribas raises base rate
Srei BNP Paribas has announced a hike in its benchmark rate by 25 basis points, from 17 per cent to 17.25 per cent, with immediate effect.