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Godrej Properties raises Rs 3,750 Cr at Rs. 1,450 per share through QIP

Godrej Properties raises Rs 3,750 Cr at Rs. 1,450 per share through QIP Mumbai-based real estate developer Godrej Properties today announced that it has raised Rs. 3,750 crore through the QIP route. The company saw a strong mix of investors with nearly 90% of the book being allocated to long only investors. GPL’s largest existing external shareholder, GIC, strongly backed the QIP with an investment of USD 110 million while the...
Construction

MBCC Group acquires Bluey Technologies

MBCC Group acquires Bluey Technologies MBCC Group, one of the leading suppliers of construction chemicals and solutions worldwide, signed a purchase agreement to acquire Bluey Technologies. The transaction was closed simultaneously with the signing. The acquisition will enhance MBCC Group’s portfolio of construction chemicals and services for the infrastructure market, whereas Bluey Technologies’ customers will benefit from the broad portfolio under the Master Builders Solutions brand.  Based in Sydney, Australia, Bluey...
Construction

NHAI creates record by constructing 25.54-km road in 18 hours

NHAI creates record by constructing 25.54-km road in 18 hours National Highways Authority of India (NHAI) has recently completed development of a 25.54 km single lane stretch of road in just 18 hours, creating a world record. This took place during the 4-laning work on the Solapur-Vijapur highway. Road Transport and Highways Minister Nitin Gadkari took to social media to share the news and confirm that the achievement will be recorded...
Construction

bauma CONEXPO INDIA cancelled for 2021

bauma CONEXPO INDIA cancelled for 2021 bauma CONEXPO INDIA, the international trade fair for construction machinery, building material machines, mining machines, and construction vehicles will not take place this year due to the organizers’ concerns around exhibitors’ ROI, uncertain international participants’ turnout, and safety protocols. “The decision to not hold North India’s leading trade fair bauma CONEXPO INDIA comes after deliberations with stakeholders and a comprehensive study of the market in...
Construction

Construction equipment industry lauds Union Budget 2021

Construction equipment industry lauds Union Budget 2021 Construction equipment industry lauds Union Budget FY21-22 for its bold attempt to address the huge disruption caused by the pandemic. Despite the backdrop of the huge fiscal deficit of 9.5 % for FY21 and an estimated deficit of 6.8 % in FY22 the government has outlined robust measures to boost health care infrastructure, focus on infrastructure development, power sector reforms, promoting innovation and...
Construction

Will indirectly help boost the housing demand: NAREDCO Maharashtra

Will indirectly help boost the housing demand: NAREDCO Maharashtra The Government has put their best efforts to put the economy back on track after the adverse effects of Covid-19 pandemic that the entire country went through. It has focussed a lot on infrastructure in this budget. This will indirectly help boost the housing demand especially in the Tier II and Tier III cities. The Government's decision to further infuse Rs. 20,000...
Construction

A pro-infrastructure and investment Budget: JLL India

A pro-infrastructure and investment Budget: JLL India Given that the economy is well on its path to recovery, Union Budget 2021 has focused on enhancing expenditure while keeping the fiscal targets at bay in the short term. This Budget focuses on augmenting infrastructure with a special focus on expediting urban infrastructure projects which will act as a strong catalyst in driving real estate in urban areas. There is also a...
Construction

Union Budget 2021 LIVE Updates

Union Budget 2021 LIVE Updates Finance Minister Nirmala Sitharaman is presenting the Union Budget 2021. Here are the key highlights: #Budget2021 proposals rest on six pillars Health and Well-Being Physical and Financial capital and infrastructure Inclusive Development for Aspirational India Reinvigorating Human Capital Innovation and R&D Minimum Govt., Maximum Governance LIVE Updates: Time 11.52 New Centrally Sponsored Scheme #PMAatmanirbharSwasthBharatYojana to be launched, outlay of Rs 64,180 crore over 6 years LIVE Updates: Time 11.55 Jal...
Construction

PFC to launch ₹5,000 crore public NCD issue 15 Jan

PFC to launch ₹5,000 crore public NCD issue 15 Jan Power Finance Corporation Limited, is one of the leading financial institutions in India, focused on the power sector will open its Rs 5,000 crores public issue of secured, redeemable Non-Convertible Debentures on January 15, 2021. The base Issue size is Rs. 500 crores with an option to retain oversubscription of up to Rs. 4,500 crores aggregating up to 5,000 crores...
00:14:41
Construction

What Is the Future of Green Building? Ms. Mala Singh talks with Mr. Subhajit Roy

What Is the Future of Green Building? Ms. Mala Singh talks with Mr. Subhajit Roy Everything you wanted to know about India’s Green Building Movement. @mojo4industry brings you a detailed insight with an exclusive interview of Ms. Mala Singh, a leading green entrepreneur in India. “It's not about what the future holds about green building, building green itself is the future for India,” she said. Tickers • Green business is worship • Green...
00:04:30
Construction

PM Modi: Keep infrastructure development away from politics | mojo4industry Industrial News Bulletin

Industrial News Bulletin - 29th December'20 Headlines: • Keep infrastructure development away from politics: PM • Coal India to set up an integrated solar wafer manufacturing facility • Infosys, Daimler partner for IT infra transformation in auto sector • Tata Power subsidiary inaugurates 5 kW biogas plant in Bihar Keep infrastructure development away from politics: PM Prime Minister Narendra Modi on Tuesday urged to keep the development of infrastructure away from politics. He said that...
Construction

Govt identifies new routes for waterways

Govt identifies new routes for waterways The Ministry of Ports, Shipping and Waterways (MoPSW) has MoPSW has identified Domestic locations namely Hazira, Okha, Somnath Temple, DIU, PIPAVAV, Dahej, Mumbai/JNPT, Jamnagar, Kochi, Ghogha, Goa, Mundra and Mandvi and 6 International routes, connecting 4 international destinations namely Chattogram (Bangladesh), Seychelles (East Africa) Madagascar (East Africa) and Jaffna (Sri Lanka) from Indian major coastal port towns for the commencement of ferry services through...
00:26:46
Construction

Why green building | Technology benefits & Demand | Sanjay Seth, CEO of GRIHA Council in an interview with Subhajit Roy

Today, green buildings are becoming an increasingly popular topic. Green buildings are better equipped to provide comforts and healthier environments. Green buildings consume less electricity and water whereas generate less waste and improve IAQ. Resource efficiency by way of green development should become the Mantra, said Mr. Sanjay Seth, CEO of GRIHA Council in an interview with Subhajit Roy. He observes: “Demand for green buildings to go up post...
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Construction

World Bank to fund $500 Mn ‘green’ highways project in India mojo4industry Industrial News Bulletin

Industrial News Bulletin - 23rd December'20 Headlines for the Industry News Today: Highlights • World Bank to fund $500 Mn 'green' highways project in India • Karnataka approves electric vehicle manufacturing projects of about Rs 23,000 Cr • GMR Infra gets approval from stock exchanges on proposed demerger plan • Vikram Solar commissions rooftop solar plant at its manufacturing facility near Kolkata • EXCON 2021 to be held in Bengaluru from December 7-11, 2021 World Bank...
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Construction

New electricity rules give consumers right to 24×7 supply | Daily News Bulletin on mojo4industry

Industrial News Bulletin - 21st December'20  Headlines for the Industry News Today: 📰 New electricity rules give consumers right to 24x7 supply 📰 Nitin Gadkari inaugurates and lays foundation stone of NH projects worth over Rs 13,000 Cr in Telangana 📰 ONGC starts oil production in Bengal Basin 📰 Panasonic Life Solutions India wins 'Golden Peacock Award for Environment Management' for 2020 New electricity rules give consumers right to 24x7 supply Consumers across the country...
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Flashback Arrestor | How it works

Flashback Arrestor | How it works Safety is critical in every industrial gas application. A flashback arrestor is an essential safety device used in oxy-fuel...
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