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CONSTRUCTION INVESTMENTS
GMR to invest Rs 300 crore initially to upgrade Nagpur AirportGMR Airports Limited announced a significant expansion plan for Nagpur Airport. This multi-phase roadmap aims to enhance passenger experien...- India weighs hybrid annuity model for East-West freight corridorThe East-West Dedicated Freight Corridor may use a Hybrid Annuity Model for development. This financing framework was discussed at a confer...
- Karnataka to invest Rs 1.5 lakh crore in Bengaluru infrastructure; aims to promote GCCs in tier-2, tier-3 citiesDK Shivakumar said the government was focused on improving Bengaluru's infrastructure while encouraging companies to expand operations acro...
- Pidilite sees stable demand in FY27, raises concerns over higher input costsPidilite Industries expects stable domestic demand in FY27, supported by government policies and infrastructure investment. However, rising...
- Quant Small Cap Fund exits RIL, 8 others; raises exposure to two Adani stocks. Check full listQuant Small Cap Fund made a major portfolio reshuffle in June, exiting Reliance Industries and eight other stocks while increasing exposure...
- The missing link in India’s infrastructure story: Faster dispute resolutionAs India accelerates infrastructure creation, unresolved construction disputes continue to delay projects, lock up capital and raise costs.
- M3M India lines up Rs 2,500 crore for land acquisitionM3M India will invest Rs 2,500 crore in land acquisition over coming months. The company plans to accelerate construction of its extensive ...
- Quote of the day by George Soros: "A boom/bust process occurs only when market prices find a way to influence the so-called fundamentals that are supposed to be reflected in market prices."George Soros observed that market prices influence economic fundamentals. Rising prices attract buyers and encourage business expansion, wh...
- IIFL initiates coverage on Adani Power with target price at Rs 240, estimates EBITDA to quadruple by FY33-35EIIFL initiated coverage on Adani Power with a 'Buy' rating and Rs 240 target price. The brokerage forecasts EBITDA to quadruple by FY33-35E...
- Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
- Prestige Estates to invest Rs 15,000 cr this fiscal in housing, commercial projectsPrestige Estates Projects is set to invest a substantial Rs 15,000 crore this fiscal year in developing residential and commercial properti...
- India to require 500,000 tonnes of additional copper refining capacity every five years: ICA IndiaIndia's refined copper demand is set to surge, requiring an additional 500,000 tonnes of capacity every five years. Despite planned expansi...
- 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....
- Raymond Realty Q1 pre-sales jump over two-fold to Rs 700 cr on better housing demandRaymond Realty has experienced an impressive increase in sales bookings, soaring to Rs 700 crore in the first quarter of the fiscal year. T...
- JSW Steel starts work on Rs 16,350 crore Andhra Pradesh steel projectJSW Steel has initiated construction on a significant 2 million tonne steel plant in Andhra Pradesh, a project valued at over Rs 16,350 cro...
- 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...
- 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...
- US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....
- SK Hynix to spend $64 billion on chip plants under broader AI-driven investment planSK Hynix is investing a massive 100 trillion won ($64.38 billion) to build new chip plants, including a NAND flash memory facility, in Cheo...
- M3M Group to invest Rs 10,000 cr on construction, land acquisition in FY27
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