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Crawling Now, To Pick Up Soon?

Despite the muted demand due to lack of new projects in the power sector, the crawler cranes segment is expected to register good growth once the new projects are taken up after the general elections, writes Sudheer Vathiyath.India is a huge market for crawler cranes, especially higher capacity crawlers. This is mainly due to increasing demand in thermal power sector, nuclear power sector, steel plants, refinery expansions and wind power sector. However, the market has slowed down in the last tw

MSRDC withdraws toll rebate to Thane locals

In Thane area, the order on rebate on toll given to local residents by the Maharashtra State Road Development Corporation (MSRDC) is said to have overturned. The order had granted toll concessions to people living near toll booths. The MSRDC officials were under pressure from toll contractors, it is said. The reversal, which happened within a few weeks after an executive engineer issued the order on rebate, is a blatant violation of a government resolution (GR) issued in 2009 granting the toll c