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PRICE VARIATION CLAUSES
Electrification, renewable energy and data centres growth drivers: HitachiHitachi Energy India is set to inject Rs 2,000 crore into expanding its manufacturing capabilities, driven by the surging demand for power ...- 'Act of God' clause sought in procurement of IT hardware as component prices surge, supply tightensIT hardware suppliers in India are urging the government to issue force majeure advisories for public procurement of electronics. Soaring c...
- Railways rolls out new tender conditions to boost flexibilityIndian Railways introduces new contract conditions for tenders. The new rules focus on localisation and price changes. These aim to ease pr...
- Angel tax regime: Draft rules give investors more valuation flexibilityThe rules released for public feedback offer investors the choice of five valuation methods for determining angel tax incidence under Secti...
- Main structure of new Parliament completed, finishing work in progress: Tata Projects CEOTata Projects is constructing the new Parliament building which will have a grand constitution hall to showcase India's democratic heritage...
- Is L&T on track to double revenues by FY25? SN Subrahmanyan answers“The EPC business will continue to grow in the 11-13% range. From Rs 110,000 crore, it will go to Rs 1,90,000-2,00,000 crore by 2026. The m...
- Amethi rifle factory deadlock likely to be resolved, costing panel set upThe price bid for the ₹4,300-crore project has been submitted and the committee has been given two months to reach an agreeable price for t...
- Hardware companies seek exchange rate variation clause in government ordersIT hardware players say price of computers and other electronic products may rise and have asked the government to implement ERV clause in ...
- Prices of PCs, laptops and IT products to increase by 10% following weak rupee: MAITPrices of PCs, laptops and IT products will increase about 10 per cent due to the weakening of rupee against US dollar.
- IT hardware industry body Mait seeks exchange rate variation clause in Procurement BillIT hardware industry body MAIT today requested the Finance Ministry to include the exchange rate variation (ERV) clause in Public Procureme...
- Railways finalises bidding documents of Bihar locomotive plantsThe process of setting up locomotive plants in Madhepura and Marhora in Bihar has received a push with contentious issues being addressed.
- Bleeding IT hardware sector urges government to take actionReeling under a double whammy of increased component prices and a strong rupee depreciation, the Indian IT harware sector urges the governm...
- BGR Energy emerges lowest bidder for NTPC boiler ordersBGR Energy said it has emerged as the lowest bidder for the tender of 11 super critical boilers floated by country's largest power producer...
- Railways revise RFP for locomotive plants in BiharWhile Marhora plant is expected to produce 1,000 diesel locomotives, Madhepura plant will manufacture 800 electric locomotives over the per...
- Siemens India: Weak order book, high input costs put pressure on marginsSubdued order inflows, dip in operating margins and an exchange loss of 158 crore pulled down Siemens India in the quarter ended September.
- L&T can't bid for govt's Rs 1,300-cr patrol vessels tender: SCThe SC dismissed construction major Larsen & Toubro's petition challenging rejection of its bids for Rs 1,300 crore tender floated by the g...
- Bidding documents for railways' PPP projects modifiedAiming at reviving the big-ticket PPP projects in Marhora and Madhepura, the Railways has reworked the bidding documents.
- Govt approves 'price escalation clause' for power projectsThe government has approved compensation for power equipment supplier BHEL for taking a hit due to abnormal rise in prices of inputs for po...
- Railways may revise price variation clause in future projectsWith rising steel prices threatening timely completion of several ongoing works, the Railways may opt for revising the price variation clau...
- Infrastructure cos look at cement imports to cut raw material costsAt price levels of Rs 200 per bag, infrastructure companies are exploring possibilities of importing cement.
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