Construction

Hitachi and ABB target carbon-free mining machinery

Hitachi and ABB target carbon-free mining machinery Hitachi Construction Machinery Co. Ltd. has signed a Memorandum of Understanding (MoU) with ABB Ltd. to explore opportunities for mine operators to target net-zero emissions from mining machinery.This MoU will allow Hitachi Construction Machinery and ABB to share their expertise and collaborate in bringing solutions to market that will reduce the greenhouse gas (GHG) emissions associated with heavy machinery in mining.The companies will...

India plans 1,200 km e-highway on Delhi-Mumbai Expressway for electric vehicles

India plans 1,200 km e-highway on Delhi-Mumbai Expressway for electric vehiclesThe Indian government plans to construct a separate e-highway on the 1,300-kilometre-long Delhi-Mumbai Expressway where trucks and buses can run at a speed of 120 kilometres per hour.Replying to a query during Question Hour in Lok Sabha, Road Transport and Highway Minister Nitin Gadkari said, "We are trying to build 'e-highway' on the 1,300-km highway between Delhi and Mumbai."...

Realtors plan precautionary measures at construction sites

Realtors plan precautionary measures at construction sites With daily surge in Covid-19 cases in Maharashtra, the State Government has imposed new guidelines with regards to the continuation of construction activity. Here are the guidelines:a) Construction to be allowed only for sites where labourer's are living on site. Movement to and fro from outside must be avoided, except for the purpose of material movements.b) Every one engaged in the activity to...

One Year Of Lockdown: Real Estate Sector beating the pandemic blues

One Year Of Lockdown: Real Estate Sector beating the pandemic blues In March last year, people across the country were trying to wrap their heads around the novel coronavirus-outbreak. When the World Health Organization declared it a pandemic on March 11, most were already aware of its seriousness. At 8 pm on March 24, 2020, Prime Minister Narendra Modi made a landmark announcement - a nationwide lockdown for 21 days...

TCS to help Skanska become a more digitally advanced construction company

TCS to help Skanska become a more digitally advanced construction company Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has been selected by Skanska, one of the world’s leading project development and construction groups, as a strategic partner to help achieve its ambition of becoming the most digitally advanced company in the construction industry.As a part of this multi-year partnership, TCS will leverage its...

Maharashtra: Best time to buy a property is now

Maharashtra: Best time to buy a property is now Undoubtedly, the stamp duty cut announcement by the Maharashtra Government has proved to be a game changer in reviving the real estate sector in the state. The results of this slash were seen immediately with Mumbai recording registrations that increased significantly whereas Pune’s property market too witnessed healthy green shoots which brightened the scope for increased real estate sales in the...

BEML bags orders from Cameroon & Bangladesh

BEML bags orders from Cameroon & Bangladesh BEML Limited, a ‘Schedule A’ company under the Ministry of Defence (MoD) received export orders from Cameroon and Bangladesh under Government of India-Lines of credit.The order for Cameroon has been received from Ministry of Economy, Planning & Regional Development (MOEPRD), Government of Cameroon for supply of 71 units of construction equipment consisting of Bulldozers, Excavators, Wheel Loaders, Motor graders and Compactors for their...

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...

MBCC Group acquires Bluey Technologies

MBCC Group acquires Bluey TechnologiesMBCC 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...

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

NHAI creates record by constructing 25.54-km road in 18 hoursNational 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...
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ABB’s HVAC solution helps JW Marriott Pune to cut down energy losses by 35% | Success Story

ABB’s HVAC solution helps JW Marriott Pune to cut down energy losses by 35% | Success Story JW Marriott Pune,...
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