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CONSTRUCTION INDUSTRY
PM Modi unveils India's 1st integrated refinery-cum-petrochem unit with 9 MMTPA capacity, other projectsPM Modi inaugurated India's first integrated refinery-cum-petrochemical complex in Rajasthan, a significant Rs 1.06 lakh crore development....
Mumbai-Ahmedabad Bullet Train project 80% complete, first section to open in 2027: Ashwini VaishnawThe Surat to Bilimora section of India's first bullet train is projected to debut in 2027, representing a substantial milestone in the near...
Andhra Pradesh CM Chandrababu Naidu launches JSW's Rs 16,350 crore steel plant in KadapaAndhra Pradesh Chief Minister N. Chandrababu Naidu has inaugurated the construction of the JSW Rayalaseema Integrated Steel Plant in Kadapa...
Blackstone's QTS terminates Digital Gateway data center project in VirginiaThe data center operator has faced years of local opposition and litigation over the project, despite it being approved by the Prince Wil...
Assam CM Himanta Biswa Sarma seeks Centre's support to strengthen semiconductor ecosystem and expand railway infrastructureAssam Chief Minister Himanta Biswa Sarma met with Union Minister Ashwini Vaishnaw to boost the state's industrial and infrastructure develo...
India can become net aluminium exporter with competitive production, says Karan AdaniIndia can become a major aluminium exporter if production costs are competitive, according to Karan Adani. Despite existing capacity, the n...
Just 79 days! Rs 12,000-crore Delhi-Dehradun Expressway develops massive potholes two months after inaugurationJust 79 days after its inauguration, the Rs 12,000 crore Delhi-Dehradun Expressway is reportedly riddled with large potholes, sparking outr...
Gas plants for US data centers to be major source of climate change-linked emissions, report saysThe Environmental Integrity Project reviewed 74 gas-fired US power plant projects proposed or planned to provide electricity directly to ...
China unveils 350-kmph Xi'an-Shiyan bullet train, cuts travel time from over six hours to oneChina has launched the Xi'an-Shiyan high-speed railway, a crucial link connecting central and western regions. This 257-km line, designed f...
Union Cabinet approves six-lane Dwarka tunnel, Kanpur-Kabrai highway worth Rs 14,115 croreThe Union Cabinet has greenlit two significant highway projects totaling over Rs 14,000 crore. A six-lane tunnel will soon connect Dwarka E...
Knack Packaging IPO opens for subscription. Check GMP, brokerages review and other detailsThe IPO comprises a fresh issue worth Rs 380 crore and an offer for sale (OFS) of up to Rs 59.5 crore by existing shareholders. The price b...
Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risksSouth Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This am...
Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...
Cement sector faces muted Q1 FY27 as heat, water scarcity hit demand: Ashika's Jyoti GuptaIndia's cement sector faces a subdued start to FY27, with extended heat and water scarcity dampening construction despite a delayed monsoon...
Monsoon blues, weak demand dampen July outlook for cement pricesCement prices are expected to hold steady in July, with the monsoon and sluggish demand dampening prospects for significant hikes. While Ju...
Samsung, SK Hynix mega South Korea chips gamble tests optimism of AI cycleSouth Korean tech giants Samsung and SK Hynix are investing billions in AI chip production, a move lauded by President Lee Jae Myung. While...
Water crisis ahead? PL Capital says water deficit creates Rs 20 lakh cr infra opportunity, picks 3 stocksIndia's widening water deficit could create an infrastructure investment opportunity worth over Rs 20 lakh crore over the next decade, acco...
BPCL to buy 40% stake in Shell, Tiki Tar venture to expand value-added bitumen businessBharat Petroleum Corporation Ltd. is acquiring a 40% stake in Tiki Tar and Shell India for Rs 85 crore, marking its significant entry into ...
Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.
Capacity augmentation, value-added applications critical for making India leader in stainless steel productionWith a growing domestic market and potential in sectors like green hydrogen and pharmaceuticals, India aims to be a manufacturing and innov...