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News Desk

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DGAD proposes imposition of anti-dumping duty on steel pipes from China

In a bid to offset dumping and injury, the Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended imposition of definitive anti-dumping duty...

Caterpillar introduces two new products in India

Construction equipment major, Caterpillar announced the launch of two new products in India, gearing up to meet an expected demand, especially from the road...

NTPC to phase out inefficient thermal power plants with Rs 50,000...

NTPC will spend Rs 50,000 crore to replace 11,000 MW of ageing, inefficient plants with modern energy-efficient power stations, minister for power, coal, renewable...

Cement industry will see pick-up in demand from next month

Domestic cement industry, which is facing demand constraints post demonetization, may witness a pick up from January with likely normalcy in liquidity, Reliance Securities...

Govt eases green norms for building projects

As part of achieving a target of housing for all by 2022, the Centre has simplified the environmental clearance processes for building projects in...

World’s longest tunnel opens for regular rail service in Switzerland

Regular rail service through the world’s longest tunnel — Gotthard Base Tunnel (GBT) began, carrying passengers deep under the Swiss Alps from Zurich to...

Road transport and highways ministry looks to raise 50 % more...

The road transport and highways ministry is looking a budgetary allocation of Rs 86,000 crore for the next fiscal year.  The ministry plans more...

Indian construction equipment industry revenue to exceed Rs 1.5 lakh crore

The Indian construction equipment revenues are expected to cross approximately Rs 1.5 lakh crore mark, said Builders Association of India(BAI) President, Avinash M.  He...

NUDES studio constructs a ship-like house in Mumbai

NUDES architecture and design studio has constructed a ship-like house in Lonavala, near Mumbai. Flanked by picturesque hillside terrain and a natural water catchment...

Scientists create a tiny crystal that can turn darkness into light

For the first time, scientists in Australia have created a light-bending nano crystal that is 500 times smaller than a human hair, and it...

IL&FS Engineering emerges as lowest bidder for Rs 225-crore order

IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has emerged as the Lowest Bidder for Rural Electrification (RE) Works of Jharkhand Bijli Vitran...

Dalmia Bharat Group plans to invest Rs 2,000 crore on Odisha...

Dalmia Bharat Group has announced an investment of Rs 2,000 crore to expand the capacity of its cement plant in Odisha. Dalmia Bharat, the...

Second strong 6.9-magnitude quake strikes Solomon Islands

A strong 6.9-magnitude earthquake struck the Solomon Islands, one day after a major quake, but no tsunami threat was expected.  The epicentre of the...

India can save $6 bn and reduce CO2 emission up to...

India can save precious foreign exchange to the tune of $6.12 billion from its oil import bill by 2021-22 if it achieves the targeted...

Bauma conexpo India 2016- International trade fair to start on Monday,...

The fourth edition of the Bauma conexpo India — an international construction equipment trade fair takes place from December 12 to 15, 2016 at...

Tata Steel subsidiary divests its entire holding to Adani Ports for...

Tata Steel Ltd said its subsidiary, TM International Logistics Ltd had divested its entire holding in TM Harbour Services Pvt. Ltd to Adani Ports...

IL&FS mulls to raise up to Rs.5,000 crore in six months

Infrastructure Leasing and Financial Services Ltd (IL&FS) is planning to raise up to Rs.5,000 crore through various group companies within the next six months. ...

Plan for Europe’s slimmest residential tower revealed

Plans have been unveiled for what will be Europe’s thinnest apartment block, located in Rotterdam, the Netherlands.   The 150m Baan Tower will have a...

China’s Yitai receives green light for $4.2 bln coal-to-liquids project

China's top coal producer, Inner Mongolia Yitai Coal Co Ltd has got approval for a 29.1 billion Yuan ($4.2 billion) coal-to-liquids (CTL) project in...

Stalled mega-resort at Bahamas — ‘Baha Mar’ to start opening “in...

With a large Hong Kong-based conglomerate lined up to buy the stalled mega-resort Baha Mar, the Prime Minister of the Bahamas has proclaimed that...