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News Desk

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Private equity investments in real estate set to touch $7.2b this...

Private equity (PE) investment in real estate is estimated to touch $7.2 billion this year, up 53% from 2015, as both residential and office...

DMRC successfully wraps up all tunneling works of its phase-3 project

The Delhi Metro Rail Corporation (DMRC) has successfully completed all the tunneling works of Phase 3 with the completion of a 1.25 kilometre long...

Pakistan setting up world’s largest solar park

Pakistan is setting up world’s biggest solar park of 1,000 megawatts as part of its plan to promote production of renewable energy in the...

Suzlon secures maiden 63 MW wind power project from Tehri Hydro...

Pune-based, Suzlon Group announced it has won its first order for a 63 Megawatt (MW) wind power project from Tehri Hydro Development Corporation India...

HCC to receive arbitral award of Rs 2,000 crore from NHPC,...

Hindustan Construction Company (HCC) said it will receive arbitral award payment of approximately Rs 2000 crore from NHPC and NHAIwithin 4 to 6 weeks. ...

Nuclear power most sustainable energy source, says IAEA official

If there are no nuclear disasters, nuclear power plants (NPP) are the most sustainable energy sources in terms of environmental impact, said International Atomic...

Infrastructure sector records 6-month high growth of 6.6% in October

Infrastructure sector recorded a growth rate of 6.6 per cent in October — the highest in last six months — on the back of...

IWAI awards contract worth Rs 359 crore for building navigational lock...

The Inland Waterways Authority of India (IWAI) has awarded a contract worth Rs 359 crore for building a new state of the art navigational...

Shipping ministry allocates Rs 110 crore for sustainable development of the...

The Ministry of Shipping has allocated Rs 110 crore towards the development of fishermen community in 23 coastal districts of Gujarat, Mumbai, Karnataka, Kerala,...

U.S. Green Building Council announces Mahesh Ramanujam as new President and...

The U.S. Green Building Council (USGBC) Board of Directors announced that Mahesh Ramanujam has completed the transition into his new role as president and...

Hindustan Power Projects will invest Rs 17,000 crore in Madhya Pradesh...

One of the leading energy players in the country, Hindustan Power will invest Rs 17,000 crore in Madhya Pradesh in the energy sector by...

Giant protective arch slides over Chernobyl site to create a casement...

A New Safe Confinement (NSC) structure was built over the old sarcophagus covering the damaged fourth reactor at the Chernobyl nuclear power plant, Ukraine....

Jakson will install rooftop solar plant at Rashtrapati Bhawan

Jakson Group has secured a contract to install a rooftop solar plant of 508 kWp capacity at the Rashtrapati Bhawan.  The company will design...

Treebo Hotels targets 1,500 properties in 150 cities by 2018

Budget hospitality chain, Treebo Hotels plans to have 1,500 properties in 150 cities, constituting over 35,000-40,000 rooms by 2018. The hospitality brand, which became...

Piramal Fund invests Rs750 crore in Adarsh Developers

Real estate investor, Piramal Fund Management Pvt. Ltd has invested Rs750 crore in Bengaluru-based Adarsh Developers in a large debt refinancing and construction financing...

Electrical devices could soon be powered using ice-filled wires

Electrical devices could soon be powered using ice-filled wires. Massachusetts Institute of Technology (MIT) scientists including one of Indian origin, who have found that...

Government approves six new proposals to set up SEZs for IT,...

The government has approved six proposals from four developers to set up new special economic zones (SEZs) across three states in areas such as...

Thailand government displays design of 50m-high royal funeral pyre

The Fine Arts Department of the Government of Thailand has revealed its traditional design for the funeral pyre for King Bhumibol Adulyadej, who died...

RITES Ltd proposes heavy haul rail corridor to boost coastal coal...

RITES Ltd, the consultancy arm of Indian Railways, has proposed a heavy haul rail corridor connecting Salegaon (Maharashtra) with the Paradip port. The cost...

Railways plans removal of all illegal constructions near tracks to improve...

In a bid to reduce train accidents, the Indian Railways has decided to come down hard on unauthorised construction near railway tracks. The decision...