Purvanakara Projects to invest Rs.1000 crore on real estates
Purvanakara Project is planning to invest Rs.1000 crore to develop new housing projects in Bengaluru, Mumbai, Hyderabad and Pune. The firm had spent Rs. 900 crore last year. The real estate firm will...
View ArticleA group of sunshine countries to be weld by India to fulfil PM’s vision of...
India is pulling all strings to get energy ministers from 107 countries together in a same platform to make the vision of PM Narendra Modi’s of “ sunshine countries” a reality ahead of the global...
View ArticleKolkata opens up to luxurious real estate segment
Real estate marketing is gearing up in Kolkata to cater to its ever growing luxury clientele. The Riche rich of Kolkata are demanding hi end housing with amenities like skywalks, concierge, yacht...
View Article‘Green Fund’ to remodel 96,000Km NH in Green Corridor
The government is planning to create a “Green Highway Fund” to transform country’s 96,000 km long stretch of National Highway by making it mandatory to reserve 1 % of the total road project cost for...
View ArticleExperion Developers invests Rs. 175 crore in Gurgaon
Experion Developers have entered in Joint Venture with Milestone Ventures to develop a commercial project in Gurgaon, which costs about Rs. 175 crore. It would build about 4.3 lakh Sq, ft area spread...
View ArticleCM Fadnavis to sign MoC with Japan
Maharashtra CM, Devendra Fadnavis is likely to sign Memorandum of Cooperation (MoC) with Japan for big ticket projects in the state. The CM is on a five day visit to Japan starting tomorrow. The Chief...
View ArticleRailways assures aid for Telangana Mega power plants
A.K. Mittal, Railway Board Chairman, assured Rajiv Sharma, Telangana Chief Secretary, that railways will not only aid in strengthening and expansion of railways network but also it will also avail...
View ArticleJaipur-Gurgaon NH to be completed by March’16
The widening work on Jaipur-Gurgaon stretch of NH which was supposed to completed and inaugurate by Nitin Gadkari, Union minister for Road Transport and Highways, this month is not completed yet. It is...
View ArticleAP Govt. Seeks application for 2 BHK homes form Mahindra
For construction of two-bed room houses in the state in addition to expanding its aerospace and defense sector units in Hyderabad, KT Rama Rao, IT minister asked the Mahindra group to submit an...
View ArticleAshutosh Limaye, National Director – Research, JLL India
The banking, financial services and insurance (BFSI) sector has reclaimed its footprint of office occupancy across Indian cities. From around 7% in 2012, the occupier profile of this sector has...
View ArticleJSW Energy acquires Bina Thermal Power for Rs. 3500 crore
JSW Energy has acquired Bina Thermal Power from Jaiprakash Power venture of about Rs.3500 crore. The Bina Thermal Power plant has an installed capacity of 500 MW and it can be increased up to 1500 MW...
View ArticleGE invests in India’s Rail and Power sector
General Electrics Co. said that the company is looking ahead to invest in country’s rail, power and healthcare sectors. In the past five years investments have doubled to $3 billion. Jeff Immelt...
View ArticleLenders observes highway project costs strictly
If the total project cost (TPC) of private developer exceeds than 20-25% by the project cost quoted by the government, moneylenders will reject the private developers’ TPC. Over financing cost of the...
View ArticleAP Govt. Seeks World Bank’s nod
The Andhra Pradesh government has proposed to the World Bank to assist in ‘Power for All’ project which estimates of cost of Rs. 3,500 crore. The project aims to provide 24 hour power supply to...
View ArticleRoomCentral secures $2 million funds
RoomCentral a hotel booking platform has secured $2 million from angel investors. Angel investor, Karanpal Singh, Managing Director of Nameh Hotels has invested in the cloud based hotel booking engine....
View ArticleKPTL to raise funds from securities
Kalpataru Power Transmission (KPTL) is expecting shareholder’s approval to issue Non Convertible Debentures worth Rs. 300 crore on a private placement basis in the Annual General Meeting scheduled for...
View ArticleToshiba Wins Rs. 3436 crore EPC Contract for Harduaganj Ultra-supercritical...
660MW Plant to be executed by Toshiba on EPC basis— Toshiba Corporation (Tokyo: 6502) today announced that Toshiba JSW Power Systems Private Ltd. (Toshiba JSW), a Toshiba Group company based in...
View Article11 Hydropower projects can be commissioned in Tawang Basin: Study
A government study conducted by the North-Eastern Hill University, said that 11 Hydropower projects with a total capacity of 2,700MW can be executed in Tawang basin, Arunachal Pradesh. The study...
View Article“Make Smart Cities–Safe Cities,” : Home Minister
Home Minister Rajnath Singh, has contemplated Urban Development (UD) Ministry to incorporate safety and security norms to the concept of Smart Cities. “Make Smart Cities–Safe Cities,” Singh asserted....
View ArticleToshiba Wins Rs 3436 Cr EPC Contract for Harduaganj UMPP in UP
Toshiba JSW Power Systems Private Ltd. (Toshiba JSW), a Toshiba Group company based in Chennai, has been awarded a full EPC Contract by Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. (UPRVUNL), wholly...
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