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KEC International, an infrastructure Engineering, Procurement and Construction (EPC) major and a part of RPG Enterprises, is planning to take its solar business outside India and is eyeing Middle East and South-East Asian markets.

Realty firm Embassy Group expects over 20 per cent revenue growth this fiscal from its property and facilities management business at ₹915 crore on rising demand for such specialised services from corporate clients. Embassy Services, which is Bengaluru-based Embassy Group’s property management division, posted around ₹750 crore revenue during last fiscal.

The Union Housing and Urban Affairs Ministry initiated several schemes in 2018 and plans to sanction construction of 10 million houses before 2020 under the Pradhan Mantri Awas Yojana (urban), a move aimed at ensuring ‘housing for all by 2022’. The ministry is mandated to implement a number of flagship programmes – Swachh Bharat Mission, […]

Larsen & Toubro (L&T) said its construction arm of has won orders worth Rs 23.57 billion in the domestic market. L&T’s water and effluent treatment and transportation infrastructure business has secured order worth Rs 12.81 billion from Andhra Pradesh Capital Region Development Authority (APCRDA). The order is for activities including investigation, design and construction of […]

Delhi-headquartered ASF group is in talks to buy a land parcel on the Golf Course Extension road in a deal valued at over Rs 700 crore, said multiple people aware of the deal. Confirming the transaction, ASF Infrastructure Chairman Anil Saraf said that the deal is currently under negotiation and the firm has done lot […]

Raymond’s 20-acre land parcel in Thane, the satellite township of Mumbai, has drawn buying interest from Canada Pension Plan Investment Board (CPPIB), Xander Group, Phoenix MillsNSE 3.42 %, Prestige Estates, the Ashwin Sheth Group, and Puravankara Projects, two persons with direct knowledge of the development. Global institutional investors and property developers are keen on the […]

State-owned NBCC (India) Ltd said it has bagged a Rs. 100-crore order from Indian Institute of Technology (IIT), Mandi. NBCC has been awarded the work as project management consultant for construction and development of student hostels, dining hall and faculty housing at IIT, Mandi Campus. To be developed on a total area of 26,441 sq […]

Welspun Enterprises said it has bagged a Rs 1,460 crore road project from PWD in Maharashtra. The company has received the letter of award from PWD, Government of Maharashtra, for upgradation of roads/two-laning of roads/ two-laning of roads with paved shoulder under Maharashtra Road Improvement Programme (MRIP) Package on Hybrid Annuity Mode (HAM) in Amravati, […]