Page 3 - Road Construction

Real estate projects to feel the pinch as steel, cement prices rise

Road transport & highways ministry charges a 10x toll rate for major bridges, structures

Street signs: MF fancy UTI AMC, analysts positive on road builders

Several MF houses bought shares of peer UTI Asset Management Company during the March quarter

Covid-19: Labour crunch hits roads construction and realty business

States like Uttar Pradesh and Maharashtra, where the severity of Covid-19 infections is high, are reporting a higher loss of on-site labourers

Monetisation drive: Holdco for infra assets divides policymakers

A similar proposal is being considered for other infrastructure assets with other government departments

Highways construction touches record 37 km per day: Nitin Gadkari

Nitin Gadkari said the achievement was remarkable as it was achieved despite constraints posed by the Covid-19 pandemic

India holds world record for fastest road construction: Nitin Gadkari

With the construction of a 2.5 km 4-lane concrete road and a 1-lane 25-km bitumen Solapur-Bijapur road within 24 hrs, India has made three world records, Gadkari said

Rs 12,700-crore Mumbai coastal project taps new state-of-the-art technology

The massive project will involve digging a kilometre-long tunnel under the Arabian Sea - a first for India

Dilip Buildcon rises 5%, hits 52-week high on order wins worth Rs 2,241 cr

Dilip Buildcon has been declared as L-1 bidder for two new National Highways Authority of India HAM projects under Bharatmala Pariyojana, Phase I in Tamil Nadu and Puducherry, the company said

A long jump for IIFCL as DFI tag to support financial needs, growth

Its planned incorporation into a larger development finance institution could present challenges for a company with a founding covenant that restricted its scale of operations

Adani Enterprises Q3 PAT down 30% YoY at Rs 297 cr despite rise in revenues

Increased expenses, loss in comprehensive other income hit company's profits

NHAI to fine up to Rs 10 cr for major lapses in construction standards

The new policy allows NHAI to impose graded penalties that include heavy fines up to Rs 10 crore besides debarment and ban on bidding for any future NHAI projects for up to three years

Roads, health care consistent priority for govt: Economic Survey

Private participation remains low, the Survey shows

Record construction of 534 km of national highways in one week: Govt

The road ministry on Sunday said that a record 534 km of national highways was constructed in one week, beginning January 8, 2020

RITES Ltd wins Rs 206 cr contract to build road over bridges in AP

RITES Ltd on Thursday said it has bagged a Rs 206 crore contract to construct four road over bridges in Andhra Pradesh from Indian Railways.

Covid-19 impact: New lending formula for road projects on the anvil

The government is looking at an average of the marginal cost of funds-based lending rates, or MCLRs, of several lenders for road construction projects

This highway developer's Q1 nos beat estimates; analysts bullish on the stk

Ashoka Buildcon's standalone net profit increased 6.7 per cent to Rs 69 crore in the recently concluded quarter, as against profit of Rs 65 crore clocked in Q1FY20 despite Covid-19-led lockdown

On the road to new opportunity

Over the years, NHAI has re-invented itself from a road development entity to a concession-granting one

Gadkari to lay foundation stones for Rs 20,000-cr projects in Haryana

The projects for laying foundation stone include 227 km 6-lane access controlled Greenfield expressway from Ismailpur to Narnaul on NH 152D in 8 packages costing Rs 8,650 crore

Irdai examining surety bonds for road contracts amid Covid-19 crisis

Now, the Insurance Regulatory and Development Authority of India (Irdai) has set up a nine-member working group to study the legal framework and suitability of the Indian insurance industry

Construction firms turn to apps in search of labour amid Covid-19 crisis

Many firms are now hiring local labour.