Delhi construction workers welfare board has registered around 6,400% increase in registrations but many remain aloof
Slowdown in construction activity, high inventory levels and cost spike key negatives
Pallonji Mistry's quiet demise was in tune with his reclusive nature. He diversified the Shapoorji Pallonji Group and built some of the country's iconic buildings. Find out more about his legacy
Analysts have downgraded the related sectors, and have cut earnings estimates for FY23 and FY24 factoring the near-term challenges
The new emission standards in the construction industry when implemented will boost exports to more mature markets such as Europe and North America from India, according to a top industry executive
Gujarat AAR ruled that such buildings would attract 12% GST, not 18% levied for other construction activities
The average cost of construction has risen 10-12 per cent over last one year due to the rise in prices of raw materials and may rise further by 8-9 per cent by December, according to Colliers India
Over the last one year, developers' average cost of construction has risen 10-12 per cent, owing to higher input cost due to supply-side constraints
The unit has 100 engineers and specialists now, will be ramped up to 1,000 by 2024 to make it one of the largest tech centres for the company globally
The incident occurred at Shastrinagar in Yerwada area of the city late Thursday night, an official said.
Macroeconomics comprises 6-7 interconnected variables, each of which can or will be different depending on what other 6 are. So what you get at the best of times are wide ranges of possible outcomes.
The decision is prompted by the significant improvement in air quality in NCR over the last three days
Larsen & Toubro (L&T) on Tuesday said its construction arm has bagged a large order for its buildings and factories business from the Odisha government to construct clinical blocks and allied infrastructure for a hospital in Cuttack. The duration of the engineering, procurement, and construction (EPC) project is 30 months, the company said in a statement. The project involves construction of four clinical blocks comprising composite structural systems and other ancillary buildings. The facility will cover specialty departments such as neurology, nephrology, endocrinology, gastroenterology, hematology, hepatology, cardiology, surgical blocks, casualty, trauma and general surgery with a total of 2,058 beds. The scope of work includes design and execution of architecture and structurecomposite system among others.
JMC Projects has secured two orders worth Rs 1,795 crore, including water supply projects worth Rs 1,085 crore. Apart from the water supply projects, the company has bagged an order for Buildings & Factories (B&F) projects worth Rs 710 crore in the country, it said in a statement. JMC Projects (India) Ltd, a subsidiary of Kalpataru Power Transmission Ltd, is a leading civil construction and infrastructure EPC (Engineering Procurement and Construction) company. "We are enthused with the new order wins in our Water and B&F business. These new orders will help us to further consolidate our position in high growth businesses. "Amidst a challenging environment, these new orders also support us to diversifying our clientele, generate additional business from existing marquee clients," CEO & Managing Director of JMC Projects S K Tripathi said. The company's order inflows for the current financial year has crossed Rs 9,750 crore, he added.
Lack of leadership causes NCR's annual air crisis
Puravankara had posted a net loss of Rs 9.81 crore in the year-ago period
The state-owned firm on Friday posted about 50 per cent rise in its consolidated net profit