CONSTRUCTION TECHNOLOGY
Budget 2024: Engineering sector seeks policies that will ease liquidity issues and encourage R&D The engineering sector, a key contributor to the economy, is seeing export growth. To maintain this trajectory. It wants better access to credit and incentives to modernise technology and machinery.
16 Jul, 2024, 10.44 AM ISTWaaree Renewable Technologies gets Rs 90 cr solar project The project is scheduled to be completed in ongoing financial year 2024-25, Waaree Renewable Technologies Ltd (WAAREERTL) said in an exchange filing. "WAAREERTL has received a Letter of Award (LOA) for the execution of Engineering, Procurement and C...
15 Jul, 2024, 04.34 PM ISTRealty project completion gets faster now, thanks to tech & stricter rules Real estate developers in New Delhi have reduced project timelines since 2014, completing them in five years instead of six. This improvement is driven by modern construction technology and the Real Estate Regulatory Authority (RERA). According to A...
15 Jul, 2024, 12.19 AM IST- ADVERTISEMENT
Large scale projects are getting delivered faster Since 2014, developers have been able to complete large-scale projects in less than five years, a reduction from the previous six years. This improvement is attributed to the modernization of construction technology and the implementation of the Rea...
14 Jul, 2024, 12.18 PM ISTPorts, Shipping and Waterways Ministry approves Rs 46.47 lakh dredged sediment reuse project According to a statement by the ministry on Saturday, the project has been sanctioned at an estimated cost of Rs 46,47,380. The 'Valorization of dredged sediments' is the reuse of sediments as raw material for civil engineering and other purposes. I...
13 Jul, 2024, 02.01 PM ISTIndian companies participating in construction of nuclear power plant in Bangladesh: Russia Indian companies are helping build Bangladesh's Rooppur nuclear plant by Rosatom, featuring VVER-1200 reactors with 2,400 MW capacity, 160 km from Dhaka. The Generation III+ plant meets safety standards like Novovoronezh NPP. Rosatom's Alexey Likhac...
09 Jul, 2024, 09.12 PM ISTLarsen & Toubro bags 'significant' order from Hindustan Shipyard Larsen & Toubro has secured a significant order, valued between Rs 1,000 crore and Rs 2,500 crore, from Hindustan Shipyard Ltd to construct part of two Fleet Support Ships (FSS) for the Indian Navy. The ships, crucial for logistical support, will be...
09 Jul, 2024, 01.18 PM ISTStocks in news: Nykaa, Adani Wilmar, Titan, Bandhan Bank, IndusInd Bank, Marico, Dabur Markets uptrend; focus stocks: Nykaa, Adani Wilmar, Titan, Bandhan Bank, IndusInd Bank, Marico, Dabur, BigBloc Construction, Tinna Rubber and Infra, ASM Technologies. Punjab & Sind Bank to open 100 branches. PC Jeweller’s settlement approved. Tata M...
08 Jul, 2024, 06.44 AM ISTTata Hitachi to invest Rs 200cr in FY'25, localisation remains top priority Tata Hitachi Construction Machinery has announced a Rs 200 crore investment in its manufacturing plants to boost quality, innovation, and localisation. The company aims to increase localisation levels to 70% in 2-3 years. The company plans to produc...
02 Jul, 2024, 05.58 PM ISTWhy did Elon Musk fail to construct underground pod transport system in Las Vegas? Know about the tunnel for Tesla cars? Elon Musk- owned The Boring Company planned the Las Vegas Convention Center Loop, or LVCC Loop, which could be a system of tunnels where people could travel on pods. But there are no pods in the neon-colored well-constructed tunnel, there are driver...
01 Jul, 2024, 06.35 PM ISTTech-enabled construction startup Wify raises funding from Mount Judi Ventures, Capria Ventures The Mumbai-based on-site installation and post purchase services provider said it will use the funds to penetrate deeper into existing categories. Wify will also The Mumbai-based on-site installation and post purchase services provider said it will ...
01 Jul, 2024, 04.01 PM ISTL&T group facing shortage of over 45,000 labourers and engineers: Chairman Subrahmanyan The flagship engineering, procurement and construction business is grappling with a labour shortage of 25,000-30,000 labourers, while the information technology and IT-enabled services business is facing a shortage of 20,000 engineers, he told repor...
26 Jun, 2024, 09.04 PM ISTFirst half of June: FIIs sell big in Oil and Gas, IT, and construction Foreign Institutional Investors (FIIs) were net sellers of Rs 3,064 crore in the first 15 days of June.
24 Jun, 2024, 03.34 PM ISTOil & gas, construction and IT head FPI sell list; realty gets most inflows Overseas investors, FPIs, NSDL data show ₹12,519 crore sold in 11 sectors between June 1-15. Oil & gas, construction, IT, metals & mining saw money shift. Oil & gas had largest selling at ₹3,683 crore in June's first fortnight.
24 Jun, 2024, 07.35 AM ISTPropTech investment reaches $4.6 billion since last decade PropTech firms have seen a significant growth in investment since FY 2011, with a total of $4.6 billion in the last 14 years. This growth is attributed to the transformative impact of technology on the real estate industry, driving efficiency and in...
06 Jun, 2024, 12.47 PM ISTFinancial services, IT top on FPI selloff list in May The construction sector witnessed foreign selling worth ₹3,811 crore in the first half of May after they bought shares worth ₹280 crore in April. Oil & gas and fast-moving consumer goods (FMCG) also saw foreign selling worth ₹2,808 crore and ₹1,158 ...
23 May, 2024, 05.32 AM ISTDemand for skilled blue-collar workers from India goes up by 25 pc in UAE: Report The report by Huntr is based on quantitative surveys with qualitative interviews with 1,00,000 blue workers enrolled on the platform from May 2023-April 2024 compared to the corresponding period of the previous year. It further stated that the UAE's...
21 May, 2024, 07.14 PM ISTIndia's infra push to raise demand for TMT bars: Industry players India consumed 50.3 million tonnes (MT) of TMT bars in FY23, up from 46 MT in the previous fiscal. Domestic manufacturers collectively produced 51 MT TMT bars in FY23 compared with 47.2 MT in FY22.
08 May, 2024, 12.16 PM ISTBRO celebrates 65th Raising Day, to soon commence construction of Shinkun La Tunnel The Border Roads Organisation (BRO) celebrated its 65th Raising Day, with Defence Secretary Giridhar Aramane emphasizing the need for the organization to adopt the latest technology and techniques for faster project completion. The BRO is set to com...
07 May, 2024, 03.37 PM IST10 Best Insulated cups and mugs for beverages Insulated cups and mugs are essential items for keeping beverages at the desired temperature for extended periods. Designed with double-walled construction and a vacuum-sealed layer between the walls, these cups and mugs effectively retain the heat ...
01 May, 2024, 02.58 AM IST