Glimpses of India's biggest Bowstring/Bow Arch Sting Girder installed by the Hindustan Construction Company on the Bandra-Worli Sea Link at 3.25 am, Friday, April 26, 2024.
With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.
The protesters demonstrated against the NTPC's Tapovan Vishnugad Hydroelectric Project which was being constructed in the area.
Amid protests by a group of residents in Joshimath, the Chamoli administration on Thursday put a ban on all construction activities in and around the 'sinking' town even as nearly 50 families staying in houses at risk have been evacuated so far.
A family priest performed the prayers as per Parsi tradition before the last rites.
A site engineer and supervisor involved in the construction of a metro rail bridge in suburban Andheri, have been arrested, after a section of the bridge collapsed on Tuesday killing a labourer and injuring 16 others, police said on Friday.
The death toll in the avalanche that struck a village of Gurez valley near the Line of Control has gone up to three, according to a police spokesman.
With another rate cut unlikely to happen soon, coupled with a muted order inflow trend, investors should tread with caution.
In a major setback to Ajit Gulabchand's ambitious hill city project, the Union environment ministry has asked the Maharashtra government to initiate action against Lavasa Corporation for violation of green norms.
Infrastructure major Hindustan Construction Company (HCC) on Friday expressed hope that it would soon get environment clearances for the first phase of its Rs 3,000 crore (Rs 30 billion) Lavasa project, a hill city being developed near Pune.
The legal battle between Lavasa Corporation, an arm of Hindustan Construction Company involved in the development of a hill city in Maharashtra, and the Ministry of Environment and Forests (MoEF) is expected to prolong further.
Lavasa had clarified that the development carried out at the Lavasa City were within the framework of the clearance granted by the state environment ministry.
Lavasa Corporation, the real estate arm of Hindustan Construction Company (HCC), filed a draft prospectus with the Securities and Exchange Board of India for an initial public offer (IPO), even after several developers have been keeping similar plans, after filing these, on hold for several months.
"HCC has signed an MoU with the Gujarat government to set up a renewable energy project in the state worth Rs 1,200 crore (Rs 12 billion) in the next 2-5 years time," company Chairman and Managing Director Ajit Gulabchand said.
The Maharashtra State Road Development Corporation (MSRDC), on Tuesday said that there were no cracks or leakages on the recently inaugurated Bandra-Worli sea link bridge. MSRDC, alongwith Hindustan Construction Company (HCC) and Dubai-based DAR Consultants, denied the presence of any cracks or leakages, through a joint press statement.
Projects having loans with floating interest to take the hit. Hindustan Construction Company, GVK Group and other construction firms may have to settle for lower returns from their projects as rising interest rates are expected to hurt profitability of roads, power, ports and airports.
The picture is becoming bigger for the core sector. Lower margins from infrastructure projects and expectations of a higher yield from real estate projects have seen many a core sector company jumping on the realty bandwagon.
Lavasa, a hill city project majority owned by Hindustan Construction Company, plans to raise as much as Rs 1,500 crore (Rs 15 billion) through an initial public offering to fund the cost of the project being planned near Pune. The company plans to sell shares by 2010.
The integrated hospital and wellness centre would have four major service verticals -- medical cluster, wellness cluster, long-term care and education-R&D zone.
Sources said one would have to reinforce the building foundation to adjust the weight of helipad and helicopter if helibase is built on rooftop with concrete.
India's leading corporate houses like Mahindra & Mahindra, Hindustan Construction Company, HDFC, Deutsche Bank and a few others have joined hands to help re-building work skills for the hearing-impaired, who are otherwise healthy and normal but rema
Minister of State for External Affairs Vinod Khanna will lead the Indian delegation to the World Economic Forum extraordinary annual meeting in Jordan from June 21-23.
Some of India's biggest employers are testing for antibodies to either comply with regulatory norms or gauge the effectiveness of precautionary measures.
Shiv Sena has so far expressed concerns over car shed for the city's planned metro network, the bullet train and the West Coast refinery projects.
Delaying action on climate change will hurt growth: Global CEOs.
Bandra-Worli sea link has still not been able to make money for MMRDA in spite of steep toll for car owners.
Pawan Verma contended that PSU banks are influenced to give loans to the people who are not able to repay them.
It is the six per cent target RBI is more concerned about.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
The markets have reacted negatively, for example, to recent news that Cairn India, of which the Anil Agarwal group company Vedanta owns 60 per cent, will give a $1.25-billion loan (about Rs 7,500 crore) on notably easy terms to Sesa Sterlite, another Anil Agarwal group company.
The company plans to raise Rs 750 crore; other realtors may follow.
Hike in planned public-sector capital expenditure will be credit-positive for infra cos
Scheduled to be completed in 2016, the 4.94 km rail-cum-road bridge, India's longest bridge, will come up across the mighty Brahmaputra at Bogibeel in Assam. It is not only expected to be a lifeline for the Northeast, but will also strengthen the country's security.
Of the five towns planned, work is progressing in two, Dasve and Mogao.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
The Land Acquisition Bill, passed by Parliament last month, will either make projects unviable or expensive for large infrastructure or real estate projects.
Act says remuneration to directors and key managerial personnel should involve a balance between fixed and incentive pay.
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