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Construction Materials Industry News

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Air India owes Rs 2,310 cr to oil companies
Thursday 24th Nov 2011    1358
Air India owes Rs 2,310 cr to oil companies
 
New Delhi : Air India and its subsidiaries owe Rs 2,310 crore to the oil marketing companies, Civil Aviation Minister Vayalar Ravi informed the Lok Sabha today.

"Till the end of first fortnight....

 
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SAAG unit wins affordable housing project in India
Wednesday 23rd Nov 2011    1358
SAAG unit wins affordable housing project in India
 
Chennai : A subsidiary of loss-making oil and gas service provider SAAG Consolidated (M) Bhd has clinched a multi-million deal to build houses in the southern Indian state of Tamil Nadu,....
 
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Ashok Leyland bets big on construction gear market, rolls out backhoe loader
Wednesday 23rd Nov 2011    1359
Ashok Leyland bets big on construction gear market, rolls out backhoe loader
 
New Delhi : Heavy vehicles major Ashok Leyland, the flagship company of the Hinduja Group, and US-based agriculture machinery maker John Deere on Tuesday announced entry into the Indian construction equipment business....
 
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Coal supply shortage may further trip industrial growth
Tuesday 22nd Nov 2011    1358
Coal supply shortage may further trip industrial growth
 
New Delhi : An examination of three broad categories in the otherwise dismal two-year low industrial growth of 1.9 per cent in September will show one silver lining: electricity. But, crucially, that....
 
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Scientists find oil in plastic GAIL ready to exploit
Tuesday 22nd Nov 2011    1359
Scientists find oil in plastic GAIL ready to exploit
 
New Delhi : Scientists now believe that environmentally-hazardous plastic may be the answer to India’s crude oil woes.

The Indian Institute of Petroleum (IIP) here claimed to have carried out experiments for successfully....

 
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JCB says India growth to slow down to 15 pc in FY'12
Tuesday 22nd Nov 2011    1358
JCB says India growth to slow down to 15 pc in FY'12
 
Bengaluru : India's largest earth-moving and construction equipment company, today said its revenue growth is likely to slow down to 15 per cent in the 2011-12 financial year.

The fully-owned subsidiary of....

 
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Oil Min sanctions 'scrupulous' action against RIL
Monday 21st Nov 2011    1362
Oil Min sanctions 'scrupulous' action against RIL
 
New Delhi : In an unprecedented move, the Oil Ministry has sanctioned taking "scrupulous" action against Reliance Industries for natural gas output from its KG-D6 fields falling below the target.

Contrary to the....

 
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Three mega infra projects worth Rs 25,000 cr cleared
Monday 21st Nov 2011    1359
Three mega infra projects worth Rs 25,000 cr cleared
 
New Delhi : The government on Friday gave regulatory clearances to three mega infrastructure projects involving an investment of Rs 25,000 crore. These are the first among a few projects the government....
 
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Coal supply shortage may further trip industrial growth
Monday 21st Nov 2011    1361
Coal supply shortage may further trip industrial growth
 
New Delhi : An examination of three broad categories in the otherwise dismal two-year low industrial growth of 1.9 per cent in September will show one silver lining: electricity. But, crucially, that....
 
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AP power sector gets Rs 1,604 cr from Centre
Monday 21st Nov 2011    1359
AP power sector gets Rs 1,604 cr from Centre
 
Hyderabad : The Andhra Pradesh government has directed all the distribution companies (discoms) to bring down aggregate technical and commercial losses to below 15 per cent in major towns in the....
 
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