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Construction Materials Industry News

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GVK Power & Infra unit wins road contract
Friday 7th Oct 2011    139
GVK Power & Infra unit wins road contract
 
Mumbai : GVK Power & Infrastructure said late on Thursday its unit has won a bid to develop a four-lane section of Mumbai-Agra national highway in the state of Madhya Pradesh.

The....

 
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NMDC lines up Rs 2,450-crore capex
Friday 7th Oct 2011    140
NMDC lines up Rs 2,450-crore capex
 
Chennai : NMDC Ltd, the public sector mining major, has lined up capex of Rs 2,450 crore for various mining projects. The proposed investments will take NMDC’s capacity to 50 million....
 
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CAG to audit oil ministry records
Friday 7th Oct 2011    164
CAG to audit oil ministry records
 
New Delhi : After a scathing attack on the performance of oil and gas companies for a five-year period, starting 2003, the Comptroller and Auditor General (CAG) will soon start the process....
 
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Azure to launch Rs 200-cr domestic fund next week
Friday 7th Oct 2011    140
Azure to launch Rs 200-cr domestic fund next week
 
Mumbai : Realty fund manager Azure Capital Advisors will start raising around Rs 200 crore to invest in residential projects in the southern and western parts of the country from next....
 
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Rebuilding C&D Waste Recycling Efforts in India
Monday 3rd Oct 2011    140
Rebuilding C&D Waste Recycling Efforts in India
 
New Delhi : In India it's common practice for large Construction and Demolition (C&D) projects to pile waste in the road, resulting in traffic congestion. C&D waste from individual households finds its....
 
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EPP in pact with Netherland's Rotec for making GRP fittings
Monday 3rd Oct 2011    139
EPP in pact with Netherland's Rotec for making GRP fittings
 
Mumbai : India’s second largest fiber glass composite products maker EPP Composites Pvt Ltd has joined hands with Netherland-based Rotec Composite Group (Rotec) to manufacture high end machine made GRP fittings.

“It....

 
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Dewan Housing Finance to raise up to Rs 1,000 cr
Friday 30th Sep 2011    140
Dewan Housing Finance to raise up to Rs 1,000 cr
 
New Delhi : Mortgage firm Dewan Housing Finance (DHFL) today said it planned to raise up to Rs 1,000 crore through share sale.

The board has agreed in principle for raising of long-term....

 
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Nalco plans to diversify into nuclear power
Friday 30th Sep 2011    140
Nalco plans to diversify into nuclear power
 
Bhubaneswar : State-run National Aluminium Company (Nalco) today said it planned to diversify into nuclear power generation by investing Rs 11,450 crore jointly with Nuclear Power Corporation of India in a....
 
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NTPC gets Rs 2,341-cr loan from consortium of banks
Thursday 29th Sep 2011    138
NTPC gets Rs 2,341-cr loan from consortium of banks
 
New Delhi : State-run NTPC today said it has tied up a syndicated loan worth Rs 2,341 crore from a consortium of Indian banks for its 390-MW Muzaffarpur thermal power project in....
 
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Eon Electric rallies on announcement of buyback schedule
Thursday 29th Sep 2011    140
Eon Electric rallies on announcement of buyback schedule
 
Mumbai : Eon Electric (formerly Indo Asian Fusegear) has moved up 11% to Rs 67.50 after announcing a share buyback programme. The buyback offer will commence on October 10, 2011 and....
 
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