Despite tepid consumer spends, the total PE inflows into Indian retail hit a new high in 2019 among all five years between 2015 to 2019. Total retail-focused PE inflows touched US$ 970 million in 2019 – a 19 per cent share of the total US$ 5 billion in overall Indian real estate, reveals research by Anarock Capita...

Bosch Power Tools India, a market leader in the power tools segment that offers a complete range of power tools for construction, woodworking, and the metal working industry, has recently launched innovations in the measuring and imaging categories for Indian professions. The cordless GLM 150 C Professional, cordl...

Searching for an all new experience in your bathroom? Grafdoer is the one stop solution to all your kitchen and sanitaryware problems. Everyone wants to have an amazing experience while taking a shower in there b...

TOTO India successfully hosted the second edition of the Architect Talk at Trident, BKC, in Mumbai. Spearheaded by Taro Muroi, Managing Director, TOTO India; the event witnessed an insightful seminar and panel di...

Photo: For representational purposeTo help assess the progress made in cities through various initiatives and empower them to use evidence to plan, implement and monitor their performance, two Assessment Frameworks, viz, Ease of Living Index (EoLI) and Municipal Performance Index (...

Post the successful commencement of flight operations from the Kalaburagi airport in Karnataka, Ministry of Civil Aviation (MoCA) recently flagged off the first direct flight from Bidar airport to Bengaluru in Karnataka. The airport has been remodeled under the Regional Connectivity Scheme-Ude Desh Ka Aam Nagrik (...

The Haryana Real Estate Regulatory Authority (HRERA) will reportedly impose a penalty of about Rs 3 billion to Gurugram developers. As reported, the authority has, in the last two years, received 9,496 complaints, of which 6,598 have been disposed off or resolved. It has also issued 509 penalty notices to builders...

Photo: For representational purposeA National Logistics Policy will be released soon and it will clarify the roles of the Union Government, state governments and key regulators, said Finance Minister Nirmala Sitharaman while presenting the Union Budget 2020-21 in Parl...

Indian households with a solar home system (SHS) report significant improvements to their quality of life as people feel safer and their children have more time to study. Systems also provide big boosts to income for 1 ...

After a record year in 2018, the industry and indeed the economy witnessed a downturn in 2019. “One of the biggest issues being faced by the construction industry was the availability of finance and liquidity,” says ...

KONE Elevator India, a fully-owned subsidiary of KONE Corporation, opens its new warehouse at Andheri in Mumbai. Housing more than 2000 different parts, the warehouse will serve more than 2500 current customers. In Mumb...

Highlighting opportunities for the capital goods industry under ambitious construction projects such as high-speed rail and dedicated freight corridors, FICCI’s Capital Goods Committee has prepared a report on ‘Opportunities for Capital Goods Industry with Indian Railways and Metros’, with multiple suggestions tha...

Infrastructure development and growth was expected to be the basic theme for the Union Budget 2020-21. Reason being that it is one sector that creates opportunities worth 10 times the invested amount. In a current scena...

The Budget has not achieved the objective it was due to accomplish in toto. It does not lay a long-term vision for growth. It also fails to simplify taxation. It has fallen into the trap of releasing a remix instead of a fresh new melody. The FM could have laid down the crisis we are in so that the action sh...

Historically, it has been seen that Union Budgets in India are weaved around infrastructure development as most of the Budget allocations in a direct or indirect way are related to the infrastructure sector. Simple reas...

The Annual Economic Survey 2019-20, prepared by a team headed by the Chief Economic Adviser Krishnamurthy Subramanian, and tabled by Finance Minister Nirmala Sitharaman on Friday projected growth for the next fiscal sta...

The Union Budget announcement continues to focus on affordable housing and infrastructure, more specifically, urban infrastructure and logistics.  However, we do not see significant impact on the realty sector, says ...

The Union Budget 2020 proposes Rs 220 billion for power and renewable energy sector in 2020-21. Also, expansion of national gas grid from the present 16,200 km to 27,000 km has been proposed. Further, reforms have been ...

CW gathers the real estate sector’s reaction to the Union Budget 2020 on the benefits it has reaped and expectations that it did not meet. Satish Magar, President, CREDAI National, says, “Budget 202...

Continuing its commitment for further strengthening the national infrastructure till the last mile, Finance Minister Nirmala Sitharaman has presented a progressive budget and touched upon every section of the economy, s...

Budget 2020 emphasises on accelerated development of highways to be undertaken; including 2,500 km access control highways; 9,000 km of economic corridors; 2,000 km of coastal and land port roads; 2,000 km of strategic ...

The Budget 2020 Outcome for the logistics sector looks positive. The finance minister has proposed to release the National Logistics Policy soon. She has also proposed to build a seamless national cold storage chain. The Budget also mentioned that the National Bank for Agriculture and Rural Development (Nabard) will...

For ports and waterways, Budget 2020 has laid emphasis on considering corporatising at least one major port and its listing on stock exchanges. It has mentioned a governance framework keeping with global benchmarks needed for more efficient seaports. Also, economic activity along river banks to be energised as per P...

The Union Budget announced on Saturday mentioned Rs 100 trillion to be invested on infrastructure over the next five years. As part of the National Infrastructure Pipeline, Rs 103 trillion worth projects will be focused...

Tax Concessions extended to Sovereign and Pension funds will go a long way in attracting Long term financing solutions for infrastructure Sector, says Sandeep Upadhyay, Managing Director, Infrastructure, Centrum Capital. He shared more on the Budget 2020 Outcome for infrastructure finance. While the in...

Accordingly to media reports,Union Finance Minister Nirmala Sitharaman recently made a brief statement on the contents of the National Infrastructure Pipeline (NIP). She has indicated that the Government will examine the recommendations of the appointed Task Force and take early action.A ...

Across the landscape of Bengaluru, Hyderabad and five other Indian cities, the Salarpuria Sattva Group is a name that’s made its indelible mark. With the Union Budget 2020 being announced tomorrow, Bijay Agarwal, Managing Director, Salarpuria Sattva Group, shares his expectations on the Budget: Read More

Ranganath NK, Area MD, INDO Region, Grundfos: “We are optimistic that this year’s Union Budget will sharply focus on increasing demand for goods and services. The only way to increase demand will be to put more money in the hands of middle and lower income segments. This, coupled with the al...

Industries, companies, businesses have been speaking about the latest market challenges including RERA, GST and Demonetisation for some time, and how we all have to deal with it. However, additional changes are constantly arising from various quarters and these are impacting all of us as well. ...

“Extraordinary circumstances call for extraordinary measures” – this seems to be the only thought on Finance Minister Nirmala Sitharaman’s mind. And, the reason is quite simple: With the GDP at a decade low rate, job cr...

The nation should continue to explore new technologies that might serve our unique transportation needs in a faster and better manner, says Kshitish V Nadgauda, Senior Vice President and Managing Director-Asia, Louis...

The IFM industry in India is expected to grow at around 17 per cent to cross US$19 billion mark in the next five years. The organised IFM sector is set to flourish with increasing acceptance of outsourcing non-core acti...

India’s long coastline stretches across 7,517 km with over 200 ports. The Government aims to create port capacity of 3,200 mmt by 2020 from its current capacity of 1,514 mt tonne at major ports. It is also executing a N...

In a step to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens (India) today signed an agreement to acquire New Delhi-based C&S Electric. The acquisition ...

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Bengaluru-based Embassy Group has launched its newest asset class Olive by Embassy, the next-gen living community in India. Olive is purpose built for young working professionals and students in a world class safe and sec...

Tata Realty and Infrastructure is a 100 per cent subsidiary of Tata Sons. With Budget 2020 around the corner, Sanjay Dutt, Managing Director & CEO, Tata Realty and Infrastructure, shares his expectations: <...

ArchChat, one of the world’s first communication platforms for architectural collaboration related to any residential and commercial construction foresees to have 30,000 global architects on board by 2020 to ease communic...

Danfoss Power Solutions (DPS) – a world-class provider of mobile hydraulics for the construction, agriculture and other off-highway vehicle markets – is all set to inaugurate their new facility in Pune. The company is an ...

The real estate fraternity is expecting few big sweeps at the ‘Union Budget 2020’. Ashish R Puravankara, Managing Director, Puravankara, shares:“Real Estate will have a huge part to play in India INC’s j...

IndoSpace, among India’s largest developer of Grade-A industrial real-estate and logistics parks, has launched three new industrial and logistics parks across Becharaji in Gujarat, Anantapur in Andhra Pradesh, and Sohna Taoru in Haryana. Continuing its pan-India expansion, these parks—with a total area of over 120 acre...

LYNX-Lawrence & Mayo, one of India's leading engineering equipment providers in the country, are always on the forefront to bring specialised solutions to Indian shores. In line with this, their latest offering is the...

GBCI India (Green Business Certification Inc) has released the list of India’s Top 10 States for LEED (Leadership in Energy and Environmental Design). This is the third year that the top 10 has been released in India, ...

iQuippo, India’s first digital marketplace for infrastructure equipment has launched its upgraded financing portal, which makes it the first digital platform in the country to digitise the co-lending programmes of banks a...

Allcargo Logistics (Allcargo), one of India’s largest integrated, end-to-end logistics services providers has partnered with the global private equity investor – the Blackstone Group (Blackstone), to develop logistics par...

After winning the bid to build the project recently, officials of Zurich Airport International on January 15 reportedly visited the project site and discussed the master plan with the brass of the Noida International Airport (NIAL). It is known that the Swiss company would soon apply to the Union home ministry for...

The Bombay High Court (HC) on January 15 ordered setting up of a three-member panel to evaluate and sells assets of the embattled Housing Development and Infrastructure (HDIL). The fund thus accumulated would be used to pay off the debt the builder owes crisis-hit PMC Bank. Last month, the Enforcem...

The Supreme Court on January 13, 2020, started hearing a bunch of petitions, which challenge the Centre’s move to make amendments in the Insolvency Code, making it difficult for individual buy...

Horst will kick off the global green building conference, which features two-days of educational programming, award recognition, inspiration and celebration, including the signature Women in Green luncheon and award-winning entertainer Anoop Sankar BENGALURU – (Jan. 15, 2020) – Today, the U.S. ...

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over US$ 21 billion in revenue. It operates in over 30 countries worldwide. A stro...

Bengaluru-based Triveni Enterprises, a leading provider of steel and steel services in India, has announced its new line of machines to mark the Golden Jubilee celebrations of the company. Joining the successful golden jo...

The R&D and technical arm of Indian Railway, Research Designs and Standards Organisation (RDSO) certifies Hyderabad-based Placebo Fabtech for supplying steel bridge girder, making them the third vendor of Indian Railw...

In order to augment domestic manufacturing, the domestic stainless steel industry body, Indian Stainless Steel Development Association (ISSDA), has recommended some curative measures to the government ahead of the Union b...

The Minster of Road, Transport and Highways Nitin Gadkari has been quoted in a leading newspaper confirming that the focus will be more on EPC projects at the moment. The ministry is prioritising asset monetisation...

In a first-of-its-kind decision every made in India, the Supreme Court ordered for four skyscrapers in Kerala’s Kochi city to be demolished between January 11-12, 2020, as these structures were terms illegal owing to the ...

Ashwin Sheth Group, one of Mumbai’s leading real-estate developers, plans to expand its commercial and retail portfolio by foraying into newer geographies outside Mumbai. On Thursday, January 9, 2020, Chintan Sheth, Di...

Action Construction Equipment (ACE), one of India’s leading material handling and construction equipment manufacturing companies has continuously been one of the major exhibitors at the much-coveted Read More

India’s largest physical and online bidding platform for pre-owned vehicles and equipment, Shriram Automall India (SAMIL) has acquired a majority stake in Augeo Assets Management (Augeo) for an undisclosed amount. The com...

Hines, the international real estate firm, and Conscient Infrastructure, a trusted name in the real estate industry in India have awarded a Rs 5 billion construction contract for their premium residential development ‘Ele...

Toshiba Johnson Elevators (India) (TJEI) announces the opening of a Training Centre and Distribution Centre (TCDC), in Chennai. Operational since November 22, the newly established facility is built in order to further en...