Construction Industry News

National Company Law Tribunal (NCLT) has authorized the liquidator of EPC Constructions India Limited to initiate arbitration proceedings against Indian Oil Corporation Limited (IOCL) to recover approximately Rs 1,005....

Punjab National Bank Housing Finance (PNB HFC) plans to raise Rs 2,500 crore in equity capital by allocating shares through rights issues to meet capital adequacy standards and support....

Ather Energy, a manufacturer of electric two-wheelers, has partnered with Foxconn subsidiary Bharat FIH to purchase various components for its electric vehicles (EVs).

Bharat FIH will manage the entire supply....

The Mumbai Metropolitan Region Development Authority (MMRDA) is reviving their earlier plan to set up a metro line to connect Mumbai to Navi Mumbai via the Mumbai Trans Harbor....

Delhi's Water Minister Satyendar Jain has inaugurated a wastewater treatment plant at the Coronation Pillar site in North Delhi. It is an important step towards cleaning up the Yamuna....

Kobelco's new 20-tonne SK-series excavator, the SK210LC-11, offers more standard features, an improved cab, easier maintenance and better performance.

The machine is powered by a 160 hp Tier 4 Final....

The cost of basic construction materials - steel and cement - has risen 35% in the past two months, hurting developers' profit margins.

While the steel cost has reached Rs....

Bihar will get 559 MW of additional electricity as Nabinagar Power Generating Company (NPGC) installed the third and final unit with a capacity of 660 MW at Nabinagar, Aurangabad....

John Deere introduced the first excavators under its new Performance Tiering strategy: the medium 350 P tier and 380 P tier.

These updated machines support on-demand security, comfort and control,....

After the inauguration of the Pune metro in Maharashtra, Prime Minister Narendra Modi said the central government is focusing on improving mass transportation, including metro connectivity.

The total cost of....