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Domestic steel industry happy with govt’s rejection of RCEP: Steel Minister

Given the huge steel capacity available with China, the Indian Steel sector could have faced a threat from cheap Chinese steel imports. Under the Regional Comprehensive Economic Partnership (RCEP), such imports would have got the advantage of preferential tariff and harmed the Indian Steel Industry. The government’s de...

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Financial Assistance to 18 Ports for Procurement of OSR Equipment

The government has developed a standard operating procedure for all ports in the country to deal with oil spills and other accidents that can damage the marine ecology surrounding the ports, Minister of State for Shipping (Independent Charge) and Chemicals, Mansukh Laxmanbhai Mandaviya told Rajya Sabha on Monday. <...

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India’s energy infrastructure a $100 billion opportunity: Minister

Development of India’s energy infrastructure will involve huge investments in oil & gas infrastructure of more than $100 billion, including in exploration and production of oil & gas, oil refining, pipelines, city gas distribution networks and LNG terminals. Important sectors having an attractive...

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India to produce 810 MT coal in FY20: Coal Minister

The country will produce 810 Million Tonnes (MT) of coal in the current fiscal for which the targets for Coal India Limited, Singareni Collieries Co. Ltd and captive coal mines and others have been set as 660 MT, 67 MT and 83 MT, respectively. The government has planned exploration of 37 coal blocks and ...

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Government to look into GST related issues in MSME sector: Nitin Gadkari

Nitin Jairam Gadkari, Union Minister of Micro, Small and Medium Enterprises on Wednesday said that the MSME ministry will raise GST related issues faced by the small and medium enterprises with the Finance Minister Nirmala Sitharaman to provide some relief to the sector. Speaking at the ‘MSME Ecosystem’...

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Oil Minister Asks Industry to Support Innovation by Young Professionals

The Union Minister for Petroleum and Natural Gas & Steel, Dharmendra Debendra Pradhan urged captains of the oil & gas industry to encourage and support innovations by young professionals on late Monday evening. Addressing the Federation of Indian Petroleum Industry (FIPI) annual summit and award...

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Highbar Launches IoT-Based Solution for Construction Asset Management

End-to-end IT solutions provider for infrastructure and construction industries, Highbar Technocrat Ltd has unveiled an optimised Internet of Things (IoT)-based solution for construction asset management. Since the construction industry handles a wide variety of equipment, ranging from colossal engineering vehicles to...

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BVC Logistics Launches Vision 2022 To Become IPO Ready in 30 Months

The country’s largest secure logistics player, BVC Logistics unveiled its ‘Vision 2022’ that seeks to “make shipping the competitive advantage of 30,000 businesses by March 2022” on the occasion of its 60th anniversary. “Today, logistics is a cost centre for every business and BVC aims to transform this an...

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Over 3,000 MTPA Port Enhancement roadmap ready: shipping minister

India has carried out the master planning of 12 major ports as well as identified 95 capacity expansion and port modernisation projects, Mansukh Laxmanbhai Mandaviya, Minister of State for Shipping (Independent Charge) informed the Lok Sabha in a written reply to an unstarred question on Thursday. The capacity at ...

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Series of measures taken to increase non-fare revenue: Railway Minister

Indian Railways has taken a slew of measures including monetisation of land and other assets and foreign direct investment (FDI) in the bid to increase its share of the revenue from non-fare sources, Union Minister of Railways, Piyush Vedprakash Goyal informed Lok Sabha in a written reply to an unstarred question on We...

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Over 7 Million FASTags Sold as Sales Shoot Up By 300%

Over 7 million FASTags have been issued to date, with the highest issuance of 135,583 tags taking place on November 26. The average daily issuance has grown by a whopping 330 per cent from 8,000 in July to 35,000 thousand tags sold in November. Following the announcement of a waiver on FASTag cost from November 21, the...

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Bentley Institute Releases Title on Seismic Analysis Procedure

Bentley Institute Press, publisher of textbooks and professional reference works for the engineering, architectural, construction, operations, geospatial, and educational communities has announced the availability of a new publication titled STAAD. Pro CONNECT Edition - Seismic Analysi...

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States Need to Increase Infra Spend Over 3-fold in Next Decade: CRISIL

Infrastructure investments by Indian states need to rise to nearly Rs 110 trillion over the next decade (fiscal 2021-2030), or 3.5 times an estimated Rs 32 trillion in the current decade, if the country is to achieve its mammoth infrastructure buildout targets, analytics firm CRISIL projected on Tuesday. ...

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Shapoorji Pallonji Oil & Gas Wins International Honour in Process Safety

Shapoorji Pallonji Oil & Gas (SP O&G) Pvt. Ltd was commemorated with the Sword of Honour Award in Process Safety, from the UK-based British Safety Council on November 22, in London. The award in ‘Process Safety’ was conferred to the Floating Production Storage & Offloadin...

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India Looks at Increasing Coal Imports from Far East Russia for Steel Industry

India and Russia have discussed developing further linkages with Far East Russia, particularly through sourcing of metallurgical or coking coal, development of infrastructure of the region’s ports and connectivity of these ports with Russian mining locations, and improvements in evacuation infrastructure. ...

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Shapoorji Pallonji Oil & Gas Wins 2 International Honours

Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) won two global awards commemorating the company’s significant contribution in the oil & gas sector. The company was conferred with ‘Business Excellence’ at the 4th ASEAN-India Business Awards 2019 in Manila, Philippines. The award was received by Ravi Shankar, C...

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Modi, Abe Review Mumbai-Ahmedabad Bullet Train Corridor Pogress

Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe reviewed the progress of Mumbai-Ahmedabad High Speed Rail (HSR) project on the sidelines of the India-ASEAN and East Asia Summit 2019 at Bangkok on November 4. During the meeting, the two reaffirmed their commitment to advance mutual eff...

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Tata Power, The Rockefeller Foundation Join Hands to Announce Microgrids Venture

Tata Power and The Rockefeller Foundation announced the launch of a venture to set up microgrids to address the lack of access to affordable, reliable electricity for millions of rural homes and enterprises. By scaling up an innovative microgrid model to be implemented in collaboration with Smart Power India (SPI) and ...

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Siemens Signs MoUs on Decarbonisation

Siemens Ltd signed a Memorandum of Understanding (MoU) with NTPC Ltd, India’s largest power utility, to identify, evaluate and set up reference use cases of hydrogen sector-coupling for various upstream and downstream applications. The collaboration is aimed at developing innovative technologies, solutions and techniqu...

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KEC International Wins Over Rs 18 Billion Orders

RPG Group owned Engineering, Procurement and Construction (EPC) major, KEC International Ltd has secured new orders of Rs 18.06 billion across its various businesses. The company’s railway business alone has secured orders of Rs 13.03 billion in India, including orders for overhead electrification of rail...

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ISRO, DRDO to Work on Technologies for Human-Centric Systems for Human Space Missions

Indian Space Research Organisation (ISRO) and Defence Research and Development Organisation (DRDO) have come together for development of human-centric systems for the human space mission to demonstrate its human space flight capabilities. A delegation of ISRO scientists, led by Director, Human Space Fligh...

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Tanishq to Implement Schneider’s EcoStruxure Solution for In-Store Energy Use, IT Resiliency

Schneider Electric, has announced that it will be implementing EcoStruxure Micro Data Center in Titan’s new Tanishq retail stores across India. The fully integrated EcoStruxure Micro Data Center edge computing solution enables optimisation of its in-store energy use and IT system resiliency to provide an always-on digi...

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RK Chugh takes over as IEEMA President for 2019-20

Indian Electrical & Electronics Manufacturers’ Association (IEEMA), the apex association of the Indian electrical equipment manufacturing industry, announced appointment of RK Chugh to the post of President, IEEMA for 2019-20. Chugh formally took over the post during the IEEMA annual convention held on September 17...

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Rail Ministry, Odisha Govt Ink MoU to Redevelop Bhubaneswar Station as Multi-Modal Transport Hub

The East Coast Railway under the aegis of Ministry of Railways inked a MoU with the State Government of Odisha for developing Bhubaneswar station as a multi-model transport hub on September 19. The Chief Minister of Odisha, Naveen Patnaik, Union Minister of Railways and Commerce & Industry, Piyush Goyal and Ministe...

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Mining Minister Urges Collaborative Research to Ensure Uninterrupted Supply of Minerals

Union Minister of Parliamentary Affairs & Coal, Prahlad Venkatesh Joshi has urged the geoscientific community to come up with innovative means of finding deep seated and concealed mineral resources, while causing least ecological disturbance. He said that the government had brought out the National Mineral Policy 2...

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Petroleum Minister Meets Rosneft CEO

Minister of Petroleum and Natural Gas & Steel, Dharmendra Pradhan met Igor Sechin, Chairman of the Management Board & CEO, Rosneft and Former Deputy Prime Minister of the Russian Federation today in New Delhi. This visit was aimed at furthering discussions between Rosneft and Indian oil & gas companies. Read More


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Trimble Introduces 3 New Versions of Tekla 2018 BIM Software

Trimble introduced has introduced three new versions of its software for structural engineering, fabrication and construction teams: Tekla Structures 2018, Tekla Structural Designer 2018 and Tekla Tedds 2018. These solutions provide increased control and improved documentation through constructible BIM workflows for st...

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DURASHINE from Tata BlueScope Steel is India’s Most Trusted Brand 2019

DURASHINE was unanimously chosen by consumers as ‘India’s Most Trusted Brand 2019’ through a research-based on consumer survey conducted by IBC Info Media in collaboration with MRG, across India. DURASHINE from Tata BlueScope Steel is a leading brand in retail segment, offering colour coated steel sheet p...

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Citadel Intelligent Systems Announces Second Manufacturing Unit in Mumbai

Citadel Intelligent Systems Ltd. (CIS), a customised optical fiber connectivity manufacturer from Bengaluru, today announced the inauguration of its second manufacturing unit and engineering center at Vasai, Mumbai. The Vasai unit will be the second manufacturing base for CIS, after its first unit at Whitefield in Beng...

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India to Launch National Logistics Policy

Piyush Goyal, Minister of Commerce & Industry and Railways, has said that the government is planning to launch a National Logistics Policy to reduce trade costs. All transport sectors of railways, civil aviation, roads and shipping would work towards bringing logistics costs below 10 per cent, he added. <...

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System to Provide Advance Information About Steel Imports Launched

Union Minister of Commerce & Industry and Railways, Piyush Goyal and Minister of State for Commerce & Industry, Hardeep Singh Puri launched Steel Import Monitoring System (SIMS) in New Delhi on September 16. The system has been developed in consultation with Ministry of Steel on the pattern of US ...

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Fourth Partner Energy Executes Bharathi Cement’s Captive Solar Plant in Record Time

India’s leading Cement manufacturer, Bharathi Cement has commissioned a 10 MW ground-mounted solar power plant at its manufacturing facility at Kadapa in Andhra Pradesh, as part of its long-term plan to transition to renewable energy. This plant will generate close to 16 million units of electricity annually and help r...

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National Centre for Clean Coal Research & Development inaugurated at Bengaluru

Union Minister of Science & Technology, Dr. Harsh Vardhan, inaugurated the National Centre for Clean Coal Research and Development (NCCCR&D) at the prestigious Indian Institute of Science (IISc)-Bengaluru on September 16. The Department of Science & Technology has set up the centre as a nati...

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Dharmendra Pradhan Holds Consultations with Steel CEOs

Petroleum and Natural Gas & Steel minister, Dharmendra Pradhan held a meeting with CEOs of steel industry in New Delhi on September 13. The issues and bottlenecks concerning the industry and the possible solutions for them were discussed during the interaction. The CEOs belonging to India’s leading st...

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Maritime Communication Services Launched in India

The Union Minister of Communications, Electronics & Information Technology and Law & Justice, Ravi Shankar Prasad launched the maritime communication services at Mumbai on September 13. Prasad said that maritime connectivity will enable high-end support to those on sea by providing access to voice, data and vid...

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As Delhi Preps to Become World’s Largest Megapolis, India to Get a New Parliament Building

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July Decline in Domestic Air Traffic Growth Due to End of Tourist Season Says ICRA

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Expand India’s Footprint Globally, Commerce & Industry Minister Tells Exporters

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Indian Railways Inks MoU with CII to Scale-Up its Green Mission

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Hiranandani Subsidiary GreenBase Signs Industrial & Warehousing Deal with Vestas India

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Siemens Rolls-Out 1,000th Steam Turbine from Vadodara Factory

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Schneider Electric Launches Oil, Gas & Petrochemical Sector Dedicated EcoStruxure in India

Schneider Electric announced the launch of EcoStruxure Power & Process (EP&P) to drive efficiency and augment profitability in India’s oil & gas sector. The company has partnered with Microsoft to create commercial internet of things (IoT) solutions in the areas of energy management and automation, thus bri...

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Petroleum Minister Says Shift in Global Energy Consumption to Asia Must Be Rooted in Energy Justice

Union Minister of Petroleum and Natural Gas & Steel, Dharmendra Pradhan has said that the inevitable shift in global energy consumption to Asia is a reality. Addressing the opening session of the 8th Asian Ministerial Energy Roundtable in Abu Dhabi today, he said that there was a need to ensure that this change is ...

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Capacit’e Infraprojects Receives Rs 45.02 Billion CIDCO Order

Mumbai headquartered construction firm, Capacit’e Infraprojects Ltd has received a maiden order from Maharashtra’s City & Industrial Development Corporation (CIDCO) valued at Rs 45.02 billion for construction of approximately 21,346 dwelling units in Navi Mumbai. Commenting on the order, Rahul Katyal,...

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India, Nepal Prime Ministers Launch South Asia’s First Petro Products Pipeline

Prime Minister Narendra Modi and his Nepalese counterpart, Prime Minister KP Sharma Oli, jointly inaugurated a cross-border petroleum products pipeline via video conference on September 9. Also, South Asia’s first cross-border petroleum products pipeline, it goes from Motihari in India to Amlekhgunj in Ne...

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Schenker India launches Connect 4.0 to Simplify Logistics Process

Schenker India Pvt. Ltd., a subsidiary of DB Schenker, the transport and logistics division of Deutsche Bahn Group, has launched its digitally forward innovation - Connect 4.0 Ocean to simplify the logistics process as easy as Click. Ship. Done. The service will help enhance efficiency and provide hassle-free logistics...

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PM Modi to Inaugurate India’s Second Multi Modal Terminal on River Ganga

Prime Minister Shri Narendra Modi will dedicate to the nation India’s second riverine multi-modal terminal built at Sahibganj in Jharkhand on September 12. Modi will inaugurate the state-of-the-art terminal through a two -way digital communication system at an event in Ranchi, Jharkhand. The Minister of State for Ship...

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Rays Power Infra to Invest Over Rs 17 Billion to Develop Solar Projects in India

Country’s leading solar power player, Rays Power Infra Pvt Ltd is set to invest an amount of over Rs 17 billion to develop and construct nearly 450MW solar projects under open access regulations. The company will sell the electricity generated to commercial and industrial consumers as part of its Independent Power Prod...

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Honeywell Rolls-Out Smart Solutions for Faridabad and Aurangabad Smart Cities Projects

Honeywell has announced that it is working with the Aurangabad Industrial Township Ltd. and Faridabad Smart City Ltd. to run cities more effectively and improve citizens’ living standards through smart building technologies and services that seamlessly connect an array of city services, including emergency response, tr...

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JSW Jaigarh Port Successfully Handles Maiden Urea & largest sugar shipments

JSW Infrastructure, India’s leading private port operator, successfully handled its maiden urea import and largest sugar export shipments at its Jaigarh Port in Maharashtra. The sugar shipment was the highest among non-major ports in India. The cumulative cargo of these two commodities was over 500,000 metric tonnes. G...

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Indian Foreign Minister Inaugurates CII’s Jakarta Office

The eleventh office of the Confederation of Indian Industry (CII), was inaugurated by Dr. S Jaishankar, Minister for External Affairs along with Thomas Lembong, Chairman of the Indonesian Investment Coordinating Board (BKPM) in Jakarta, Indonesia, at a special function on September 5. Speaking at a special session orga...

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Civil Aviation Minister Inaugurates New ATC Tower and Air Traffic Services Complex at Delhi Airport

Hardeep Singh Puri, Union Minister of State (Independent Charge), Civil Aviation dedicated the Delhi Air Traffic Services (DATS) Complex of Airports Authority of India (AAI) to the nation on September 2. Speaking on the occasion the minister noted, “With a phenomenal growth, the Civi...

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H-Energy signs LNG Cooperation Agreement with NOVATEK

India’s H-Energy Global Ltd and Russia’s PAO NOVATEK have inked a MoU on LNG cooperation agreement during the Eastern Economic Forum in the Siberian city of Vladivostok. The MoU envisages cooperation in LNG supplies to India on a long-term basis, joint investment in LNG terminals of H-Energy and LNG projec...

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High Speed Rail Innovation Centre Officials Interact with IIT Gandhinagar Students

High Speed Rail Innovation Centre formed by National High Speed Rail Corporation Ltd (NHSRCL) organised a seminar at IIT, Gandhi Nagar. Achal Khare, MD, NHSRCL and Dr Norimachi Kumagai, President, Railway Technical Research Institute (RTRI) Japan spoke on the country’s maiden HSR project with researchers, faculty and s...

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Govt Promises Firm Steps to Resolve Problem of Delayed Payments to MSMEs

Union Minister for Micro, Small and Medium Enterprises Nitin Gadkari has said that non-payment and delay in payments to MSME enterprises will be dealt with very firmly. The minister reiterated the government’s commitment to solve long standing problems of the MSME sector and give it the required support so that it can ...

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US Coast Guard Honour for Essar Shipping

Seven of the 12 vessels in Essar Shipping Ltd’s (ESL) fleet were recognised by the United States Coast Guard’s Automated Mutual Assistance Vessel Rescue (AMVER) System Programme for their outstanding commitment to safety at sea at a ceremony held in late August in Mumbai. The seven vessels are MV Arun, MV...

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Top economic institutes announce collaboration for growth-oriented policymaking

New Delhi: With the common mandate to promote growth through economic ideas, the Tata Centre for Development (TCD) at the University of Chicago and the International Growth Centre (IGC) at the London School of Economics & Political Science are formally collaborating through t...

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Govt keen to launch inland waterways navigation and passenger transportation in North East

New Delhi: The Ministry of Shipping is keen to start inland waterways navigation and passenger transportation in the rivers in the North Eastern states of the country. Mansukh Laxmanbhai Mandaviya, Minister of State (Independent Charge) for Shipping has said that the public secto...

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India-Taiwan trade relationship can be strengthened further: Taiwan Envoy

New Delhi: Chung-Kwang Tien, Representative, Taipei Economic and Cultural Centre in India (TECC) today said that the trade relationship with India has taken an upward trajectory touching $7.5 billion in 2018 and can be further strengthened. While calling for enhanci...

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Schneider Electric Partners with Brinc to bring its Accelerator Programme to Indian entrepreneurs

New Delhi: Schneider Electric announced on Wednesday a partnership with Brinc, to bring Brinc’s Accelerator programme to entrepreneurs in India and across the world. Applications for the programme are open now and until August 10, 2019. The number of cellular IoT c...

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CONSTRUCTION


JSW Steel, the flagship business of $14 billion JSW Group, during Octob...


International property consultant Knight Frank India has played the role of a transaction advisor in assisting Australian indoor trampoline theme park brand ‘Bounce In...


The construction arm of Larsen & Toubro (L&T) has secured order...



EQUIPMENT

At the shareholders’ meeting of Messe Düsseldorf GmbH, presided over by the Chairman, Lord Mayor Thomas Geisel, appointed Wolfram N Diener as the new President and Chief ...


Indian Private Ports and Terminals Association (IPPTA) has reconstituted its management committee and also added two new members viz., Paradip International Cargo Termina...


Comansa celebrated the launch of the 21CM750 tower crane model, the largest manufactured at its plant in Hangzhou. Comansa will also start manufacturing this model at its...




CEMENT

Delhi: Economics is crucial to addressing issues that challenge India’s ability to grow faster, sustainably, and inclusively. With...


LafargeHolcim has launched a four-year industrial automation plan called ‘Plants of Tomorrow.’ It includes Industry 4.0 concepts such as automation technologies and robot...


London - The World Cement Association announced today that it has appointed IanRiley as its first CEO, effective as of September 1...