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News Desk

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Godrej Properties signs agreement for housing project in Pune’s Bavdhan

Godrej Properties, real estate development arm of Godrej Group, has entered into a partnership to develop a residential group housing project in Bavdhan locality...

L&T bags two more orders from Saudi Aramco

Larsen & Toubro has bagged two more contracts from Saudi Arabia’s biggest oil company Saudi Aramco.  L&T Hydrocarbon Engineering (LTHE), a fully owned subsidiary...

Work starts on China-Russia Bridge

Work on a cross-border road bridge that links China and Russia, the first of its kind on the trans-boundary river, Heilongjiang is underway.  The...

Central Government releases Rs 250 crore for Lucknow Metro

Urban Development Ministry released Rs 250 crore for Lucknow Metro Rail project, a joint venture between central and Uttar Pradesh governments.  The Ministry had...

Top three property developers in China make $144 billion in sales...

China's top three real estate developers made combined sales of more than $144 billion in 2016, helped by soaring home prices in big cities,...

SOM reveals three residential skyscrapers for Downtown Los Angeles

Architecture firm, Skidmore Owings and Merrill (SOM) has designed three residential skyscrapers that will add to the growing Los Angeles skyline. The Olympia development...

Rs. 3,00,000 cr plan afoot to double airport capacity over the...

The Centre will require up to ₹3 lakh crore for doubling the airport capacity over the next 10 to 15 years, Minister of State...

Japan plans to build world’s fastest supercomputer by 2017

Japan plans to develop the world’s fastest supercomputer by 2017.  The superefficient computer plan is a part of the government’s policy that aims at...

India starts supplying 160MW power to Nepal from January 1, 2017

India started to supply an additional 80MW electricity to Nepal from January 1, 2017, through the Dhalkebar-Muzaffarpur transmission line.  Nepal currently imports 80MW of...

IL&FS Engineering Services secures Rs 242.5 crore road contract in Karnataka

IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has received a Letter of Acceptance (LoA) for a Road Contract from Ministry of Road...

World’s highest bridge Beipanjiang bridge opens to traffic in China

The Beipanjiang bridge over Si Du River in southern China has opened to traffic following three years of construction.  Built above the Beipangjiang valley...

Madhya Pradesh plans to develop 1,100 ‘climate-smart’ villages in six years

Madhya Pradesh has embarked on an ambitious plan to develop 1,100 'climate-smart' villages in a period of next six years. The aim of the...

Meydan secures $272m funding for Dubai canal projects

UAE-based master-developer, Meydan Group has secured a Dh1 billion ($272 million) loan from Abu Dhabi Islamic Bank (Adib) with a two-year tenure that will...

Dragados signs construction contract for £350m Aberdeen harbour expansion

Aberdeen Harbour Board has signed a construction contract with Dragados UK for a £350m project to expand its port facilities.  Work on the construction...

Construction set to start on Brisbane Vertical Forest

Construction is set to begin on what will be one of Brisbane’s most iconic river-side developments. Walan, which is the second apartment collaboration between...

Environment ministry clears ToR for Delhi-Jaipur Expressway project

Giving a big push for construction of the Delhi-Jaipur Expressway, an expert panel of the Union environment ministry has cleared the terms of reference...

Govt plans Rs 1 lakh crore investment in solar, green corridor...

The government is set to switch gears in 2017 to make India a hub for one of the largest installations of clean energy sources...

National Capital Region Planning Board releases Rs 406 crore for Greater...

National Capital Region Planning Board (NCRPB) has disbursed the first installment for the under-construction Noida-Greater Noida Metro Project.  NCRPB had in February this year...

Altico Capital invests Rs 400 crore in two separate residential projects

Altico Capital has invested Rs 400 crore in two separate projects of Pune-based Pharande Projects and Noida-based Panchsheel Buildtech.  Both the projects with a...

Government approves Rs 11,000 crore road projects for Left-wing hit areas

The government has approved an over Rs 11,000-crore project to construct all-weather roads and improve connectivity for security reasons in nearly 40 districts worst...