Page 4 - Construction

Issue directions on use of anti-smog guns during construction: SC to govt

SC asked the Centre to consider issuing directions to ensure adequate use of anti-smog guns and make setting up of smog towers a mandatory requirement during construction of development projects

Larsen & Toubro wins 'significant' contract in Chhattisgarh

Engineering and construction conglomerate Larsen & Toubro (L&T) on Tuesday said it has won a 'significant' contract in Chhattisgarh. The company did not provide the exact contract value. However, as per its classification, a significant contract ranges between Rs 1,000 crore to Rs 2,500 crore. "The Water and Effluent Treatment business of L&T Construction has secured an EPC (engineering, procurement and construction) order involving design, engineering, supply and installation of plant and equipment to lay 135 km of slurry pipeline and water pipeline systems between Bacheli and Nagarnar and associated facilities in the state of Chhattisgarh," the company said in a statement. L&T is already executing a pumping facility as part of another package for the same client in the same area that involves supply of positive displacement pumps and construction of a slurry pump house, it added. L&T is an Indian multinational engaged in EPC projects, manufacturing, defence and ..

L&T Construction 3D prints India's first building with reinforcement

This achievement will certainly give a huge fillip to the mass housing segment, said the company

JSW Cement arm plans Rs 1,500-crore capital expenditure in Odisha

Once commissioned, the proposed clinker unit will service JSW Cement's manufacturing facilities across East India and is expected to create around 500 direct and indirect jobs

Construction firm NBCC posts Rs 45.61 crore profit in Sept quarter

State-owned construction firm NBCC on Wednesday reported a consolidated net profit of Rs 45.61 crore for the quarter ended September. The company had posted a net loss of Rs 90.91 crore in the year-ago period. Total income stood at Rs 1,426.27 crore in the second quarter of this fiscal year as against Rs 1,720.46 crore in the corresponding period of the previous year, according to a regulatory filing. The board also decided to close NBCC Engineering & Consultancy Limited, a wholly-owned subsidiary company of NBCC, through Winding-up. It also approved the closure of NBCC Gulf LLC, a foreign subsidiary company of NBCC, through liqui00dation, the filing said.

Hope of recovery as core sector fall narrows to 0.8% in Sept vs 7.3% in Aug

Coal, electricity and steel, which constitute over half of the core sector index, showed a rise in production in September

Tata Projects reworks bidding plan, risk management to boost profitability

At Rs 861.90 crore, Tata Projects is the winning bidder for a new complex that will house the country's legislative wing

Strong rural demand cushions volume weakness for Supreme Industries

Expanding distribution reach, value added products to help revenues, margins

Construction finance, LRD rates lowest in 10 yrs for top realtors: Experts

For large but overstretched firms and mid-sized and small developers, sourcing loans is still difficult

Q1 GDP numbers just first instalment of a bad news story on economy

If not for the numbers on agriculture and government expenditure, the GDP growth print for the first quarter of 2020-21 would have been far worse

Centre approves construction of 1 million houses under PM Awas Yojana

Centre approved the construction of around 10.28 lakh houses under the Pradhan Mantri Awas Yojana (Urban)

Signs of green shoots? Seven firms bag orders worth Rs 42,000 cr in Q1

Industry executives and analysts said most of this new order activity was a spillover, and fresh project finalisation remains weak

A sustained bull market?

For many stocks to go up at the same time, the most important parts of the economy - construction, auto, finance, basic materials, consumer products - have to enjoy tailwinds

Letter to BS: Govt should incentivise real estate and construction

If we hope to be a globally competitive manufacturer, technology adoption, not cheap labour, is the way ahead

Covid-19: Bihar, Chhattisgarh, Jharkhand yet to transfer cash to workers

So far, states have transferred around Rs 5,000 crore, which is merely 16 per cent of the total cess funds of Rs 31,000 crore accumulated through the collection of cess from employers.

Centre relaxes payment mechanism for govt-funded highway contracts

Contractors to be given funds every month

Many unhappy returns

For states that account for the bulk of the migrants, this unprecedented reverse migration imposes extraordinary challenges of absorbing them without causing social disruptions

Work relaxation amid lockdown fails to convince migrants to stay put

Most labourers are more concerned about getting on trains and buses to get back home, rather than returning to work

Tamil Nadu goes easy on lockdown, allows construction work, SEZ operations

Shops, restaurants, household services given relief too, under certain terms and condiitions

Buses needed as govt frames business rules during coronavirus lockdown

Millions of migrant workers have left cities for their homes during the pandemic.