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Construction material prices inch down in July

Prices for inputs to construction fell 0.2% in July but are 9.5% higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential construction input prices increased fell 0.3% in July but are up 9.6% year over year. Softwood lumber prices are up 19.5% from July 2017,...

Worker injured at home under construction in Vaughan

A construction worker has been rushed to hospital after an incident in Vaughan. Emergency crews were called to the scene of a home under construction on Ridgepoint Road, in the area of Kirby Road and Kipling Avenue, on Friday morning. The worker was airlifted to hospital with life-threatening injuries. There has been no confirmation on how the man was injured but police...

India construction market almost doubles

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#Wacker Neuson reports substantial revenue growth

Swaraj Division, a part of the Mahindra Group, launched its new ‘Mera Swaraj App’ to enhance its connection with customers (farmers). This new initiative adds a new dimension to the company’s Customer Relationship Management (CRM) capabilities. With this mobile application, Swaraj Tractors can significantly enhance its services to the customers, allowing them to receive services such as Door Step Service,...

#Bosch shows 21.3 per cent growth in Q1

Bosch Limited posted total revenue of Rs 32.12 billion from operations in first quarter of FY 2018-19, registering 21.3 per cent increase over the same period of the previous year on a comparable basis. The Profit Before Tax (PBT) stood at Rs 6.49 billion, a growth of 40.5 per cent over the same period of the previous year on...

Bharat Forge posts 23.2 per cent revenue growth

The Q1 FY19 was the seventh consecutive quarter of sequential revenue growth for Bharat Forge Ltd (BFL), driven by a combination of its de-risked business model and end market growth. Total revenue at Rs 14,797 million grew by 23.2 per cent compared to Q1 FY18. Despite continued inflationary pressures on raw material and energy front, EBITDA margins at 29...

MEP Infra to offload stakes in road projects to Cube Highways

MEP Infra, which started out as a toll management company, entered the construction business with the six HAM projects. Photo: Mint Mumbai: Road developer MEP Infrastructure and Projects Ltd on Thursday said it has signed a non-binding term sheet to sell six hybrid annuity model (HAM) projects to Cube Highways and Infrastructure Pte. Ltd for ₹450 crore. Under the HAM model,...

India has asked China to stop construction in PoK: Govt

NEW DELHI: India has conveyed its concern to Beijing over Chinese construction activities in Pakistan Occupied Kashmir (PoK) and has asked them to stop it, the Rajya Sabha was informed on Thursday. In a written response to a question in the Rajya Sabha, VK Singh, Minister of State in the External Affairs Ministry, said India's consistent and principled position has...

Ikea’s long road to India: A timeline

The new IKEA store in Hyderabad. Photo: AFP Ikea of Sweden Ltd opened its first Indian store in Hyderabad on Thursday, a ₹ 1,000-crore bet that affordable furniture and assisted assembly will draw buyers in the world’s fastest-growing economy to its swanky 400,000 sq. ft outlet. It has been a milestone that’s more than a decade in the making. Here’s...

Indian real estate sector witness growth across segments Indian real estate sector is seeing a encouraging growth across assets class with returning confidence in the market. While, corporate...

According to a recent report by JLL India, total investment in the real estate of the country for the January – June 2018 period was recorded at $3,616 million (Rs 24,011 crores), majority of which was in the IT & Commercial sector. Of the total investment , IT & Commercial sector attracted close to $2,000 million (Rs 13,151 Crores)...

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Live Breaking News August 11: Amit Shah arrives in Kolkata, to address rally shortly

Image Source : INDIA TV Live Breaking News August 11 Twitter is buzzing with breaking news and news alerts from India and rest of the world....

Slab of Flyover Under-Construction Collapses in Lucknow, Labourer Injured

Lucknow: A labourer was injured when a slab of an under-construction flyover of National Highways Authority of India collapsed at Phutaiyya Chauraha in Basti...

Under-Construction Flyover Collapses In Uttar Pradesh

Basti, UP: Under-construction flyover collapses, one worker fear trapped. Rescue operations are currently underway Original Source

Part of under-construction flyover collapse on NH-28, Uttar Pradesh

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1 injured in UP under-construction flyover collapse

‘Working for greater solar acceptability’ 11 Aug 2018 | PNS | Ranchi CEED, which presented a study about Ranchi and Jamshedpur calculating solar energy potential...