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PROCUREMENT AND CONSTRUCTION CONTRACTOR
German naval ambitions suffer setback as warship order axedGermany on Wednesday pulled the plug on its largest naval order in decades after the anti-submarine warship project suffered delays, a setb...- Realtors eye margin relief as US-Iran peace deal raises hopes of lower fuel costsA potential peace deal between the US and Iran offers hope for India's real estate and construction sectors. Developers are watching oil pr...
- J. Kumar bets big on tunnelling as India’s urban pipeline expandsAs India races ahead with metro expansion and urban infrastructure development, execution excellence is becoming the defining factor behind...
- Aditya Shah favors domestic growth themes, stays bullish on IT and infrastructure sectorAditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure opportunities, favoring players lik...
- With Chabahar Port in limbo, can India still reach Central Asia and Russia?India's crucial trade route to Russia and Central Asia is at a critical juncture. US sanctions on Iran's Chabahar port create uncertainty f...
- IPO-bound JSW One acquires proptech platform BuildNext, expands home-construction waresIPO-bound JSW One Platforms has acquired BuildNext Construction Solutions, a proptech startup backed by Pidilite Ventures, to enhance its i...
- Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
- More relief steps may be on the way for highway contractors as West Asia war dragsThe road transport ministry is considering additional relief for highway contractors as West Asia tensions drive up input costs and disrupt...
- ArisInfra, Capacit’e Ink Rs 800 cr construction material procurement pactArisInfra Solutions has signed a five-year procurement deal with Capacit’e Infraprojects to source construction materials worth ₹800 crore ...
- Payment norms for highway builders relaxedThe move is aimed at stabilising cash flows for developers grappling with higher input and logistics costs. Payments, typically released on...
- Road ministry to compensate for price hike and volatility in commodity prices to contractorsHighway contractors will now receive payments monthly. The government has shortened the price adjustment period to one month. This aims to ...
- McCoy Mart plans to grow its community to over 50,000 construction professionals by FY25McCoy Mart aims to streamline the procurement process for construction materials and address challenges like fragmented supply chains and i...
- Government to inspect 100% quality tests by contractors under EPC mode of highway constructionMinistry of road transport and highways on Thursday notified amendments to the model engineering, procurement and construction (EPC) agreem...
- Construction supply chain startup Zippmat raises $10 million led by MatrixZippMat will utilise the latest funds to scale up its user base, digitise the supply chain, bring in product innovation, and expand its tea...
- How open data in sub-contracting can help SMEsThere are many open data initiatives promoting transparency by reporting contractual payments made by the government to the contractors.
- Liquidity-related relaxation to road contractors extend till June endThis comes after it was observed that the measure provided good liquidity to contractors responsible for construction of national highways,...
- High Court admits Essar Projects’s petition against Sterling PortsSterling Ports was due to pay Rs 28.12 crore to Essar Projects immediately upon submission of an advance bank guarantee for the same amount.
- Mizoram to procure 30,000 quintal rice for 'mega block'The 'mega block' was caused by construction of broad gauge railway tracks at Lumding-Badarpur section in Assam from October one.
- Minister urges highway engineers to avoid cost, time overrunsSarvey Sathyanarayana advised engineers and contractors today, not compromise on the quality of construction.
- VKS Projects lines up Rs 55-crore IPO planVKS Projects has announced its IPO plan to raise funds aggregating 55 crore in the price band of 55-60.
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