[ad_1] NEW DELHI: Lieutenant general VK Saxena has approved the transfer of 1.2 acres of land of Irrigation and Flood Control Department (I&FC) to PWD for the construction of an underpass on the Outer Ring Road near Mukarba Chowk. This will include the construction of a road from Badli Junction to Haiderpur Metro Station in […]
LG approves land transfer to construct underpass – ET Infra Read More »
[ad_1] Representative Image NEW DELHI: The Indian construction market exhibits a positive outlook with 84 per cent of respondents feeling optimistic about the sector compared to 66 per cent globally, a KPMG survey said on Friday. KPMG’s Global Construction Survey said there is a sense of enthusiasm regarding the potential government funding, investment and incentives
[ad_1] Representative Image NEW DELHI: The operating profit of steelmakers is estimated to have dipped by Rs 2,000-3,000 per tonne of metal sold during the April-June period compared to the preceding quarter, experts said. Steel prices and sales volume during the quarter dipped sequentially while input costs continued a northward march, resulting in lower profitability,
Steel companies’ Q1 margins hit by rising costs, low prices – ET Infra Read More »
[ad_1] NEW DELHI: Real estate consultant CBRE India on Thursday said it has introduced an integrated solution, backed by data and latest technology, for project management and will hire around 400 employees this year in this new business line to provide better services to its clients. The company has been doing project management for more
CBRE introduces integrated solutions for project management – ET Infra Read More »
[ad_1] BCD Group, one of the oldest names in the Indian construction and design industry, crossed Rs 1,000 crore worth of projects, an increase of 30 per cent in the first quarter of FY24 as compared to the same period last year for under construction in Bengaluru. Some of the key projects are residential and
BCD Group crosses Rs 1,000 crore worth of projects – ET Infra Read More »
[ad_1] NEW DELHI: Already facing subdued demand from developed nations, India’s exports are likely to be hit by the European Union‘s 20% to 35% tariffs on high-carbon goods like steel, iron ore and cement, the finance ministry said in a report released on Thursday. In April, the EU approved the world’s first plan to impose
India’s expects EU carbon tax to exports of steel, iron ore and cement – ET Infra Read More »
[ad_1] Representative Image NEW DELHI: India’s finished steel purchases from China touched a six-year high in the first two months of the fiscal year beginning in April, according to provisional government data reviewed by Reuters, while its overall imports reached a three-year high. In April and May, China emerged as the second-biggest steel exporter to
April-May finished steel imports from China at six-year high – ET Infra Read More »
[ad_1] NEW DELHI: JSW Steel on Thursday posted an 11 per cent year-on-year growth in consolidated steel production at 6.43 MT during the first quarter of this financial year. It had produced 5.77 million tonnes (MT) steel during the April-June period of the preceding 2021-22 fiscal, JSW Steel said in a statement. However, on a
JSW Steel crude steel production up 11% in at 6.43 MT in Apr-Jun quarter – ET Infra Read More »
[ad_1] MUMBAI: Promoters of steelmaker Jindal Steel and Power Ltd (JSPL) got 4.5% pledged stake in the company released between late June and early July, the company informed stock exchanges on Wednesday. OPJ Trading Private Ltd, a promoter entity, released on Tuesday a pledge on 43 million shares, equalling 4.23% stake in the company. The
Jindal Steel promoters receive 4.5% pledged stake from OPJ Trading – ET Infra Read More »
[ad_1] The demand for steel in the country is expected to grow owing to infrastructure development, rapid urbanisation, and supportive policy reforms, Tata Steel Chairman N Chandrasekaran said on Wednesday. Speaking at the company’s 116th annual general meeting, he said that domestic steel consumption rose 10 per cent year-on-year (y-o-y) to 117 M in FY23.
