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CONSTRUCTION CONTRACTS
China firm secures Kenya Airport revamp deal after Adani falloutKenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with I...
Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
L&T betting big on 'digital workers' to overcome manpower challenges in projects: CFO R Shankar RamanLarsen & Toubro is embracing automation and robotics to boost construction. The company aims to transform the industry by reducing reliance...
Afcons Infra shares soar over 9% on Rs 5,301 cr order to build world’s second-largest breakwaterAfcons Infrastructure shares surged following a significant contract win. The company will construct a 10.14-km breakwater for Vadhvan Port...
Asian stocks decline, oil prices gain as US hits IranAsian markets saw a decline as technology shares faced renewed selling pressure. Tensions in the Middle East intensified following US strik...
L&T betting big on 'digital workers' to overcome manpower challenges inprojects: CFO R Shankar RamanLarsen & Toubro is embracing automation and technology for construction growth. The company is using robots for tasks like welding and plas...
Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...
RVNL shares jump 3% after securing Rs 221 crore Railway contractRVNL shares saw an uptick on Tuesday after the company secured a Rs 221.33 crore railway signalling and infrastructure upgrade contract fro...
Defence ministry expects 24 Tejas Mk1A jets to be ready by end of yearDefence ministry sources have said that the production and readiness schedule for the LCA Mark1A is expected to reach around 18 to 24 aircr...
DEE Development Engineers Ltd bags Rs 387 crore contract from Bharat PetroleumEngineering firm DDEL secured a significant Rs 386.83 crore contract from Bharat Petroleum Corporation Ltd. This order is set to be execute...
GPS Renewables raises Rs 635 crore in Series C fundingBengaluru-based GPS Renewables has secured ₹635 crore in Series C funding to expand its compressed biogas (CBG) infrastructure. The investm...
Tata Steel says UK plant's low-emission project facing delays in securing electricity accessTata Steel's significant UK project for low-carbon steel production is facing delays. The company is experiencing a setback of six to eight...
Hindustan Construction Company secures Rs 127 crore Bhutan hydropower project contractHindustan Construction Company Ltd (HCC) has won a Rs 127 crore contract in Bhutan. The deal is for construction works at the Wangchhu Hydr...
India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says BernsteinIndia’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to ...
US services activity heats up in May, beating expectations: SurveyUS services sector activity expanded in May, exceeding expectations with the ISM index at 54.5%. While business activity and new orders gre...
Realty firm Dalcore awards Rs 225 cr contract to BL Gupta Construction for Gurugram housing projectThe project, spread across nearly 2 acres, has 5 lakh sq ft of built-up area. It will have 96 apartments.
Kolkata-based Defence PSU GRSE lays keel for 4th vessel in German MPV projectGarden Reach Shipbuilders and Engineers in Kolkata has laid the keel for the fourth multi-purpose vessel. This is part of a large order for...