TVS Motor has reported a 6.80 per cent decline in net profit at Rs 126.77 crore for the quarter ended March 31, 2017. It had reported net profit of Rs 136.03 crore in the corresponding quarter of the previous year.
Author: admin (Infratructure Today)
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April cement price hikes indicative of improved profitability, say analysts
According to a few analysts and industry watchers, the hikes in the prices of cement by various cement manufacturers are an indication of a possible growth in volumes and probable profitable for cement makers during the current quarter.
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MEP Infra receives date for Talaja-Mahuva Hybrid Annuity project
MEP Infrastructure Developers Limited has been given April 25, 2017, as the Appointed Date for its Hybrid Annuity project in Gujarat (the Talaja-Mahuva section) in accordance with the Concession Agreement executed with the National Highways Authority of India (NHAI). The project is a part of the Bhavnagar-Veraval stretch.
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Trench Shoring
India is currently witnessing a surge in construction activities, and the objective is to streamline project delivery by reducing risks and mishaps. Keeping this objective in mind, the Bombay Chamber held its first seminar in the 'Infrastructure Innovation Series' in collaboration with SBH Germany on the topic of 'Trench shoring'.
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Moving beyond Smart Cities
An estimated 30 people will leave rural India for urban areas every minute during the next 20 years. At this rate, in the next two decades, most Indian cities are likely to double their size in terms of population and more than double in area.
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In today’s time, data is king
Since cities have been administered manually, it is difficult for city administrators to be present at every single asset owned by city corporations physically. But there is a solution to this challenge.
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Modern lighting can enhance cities revenue
Harshavardhan Chitale, Vice Chairman and Managing Director, Philips Lighting India Ltd, has lauded Urban Local Bodies for focusing on smart and modern lighting systems in their Smart City plans.
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A double-edged sword
Digitisation can be considered as substitution of traditional analogue formats to collect, process, store, and transfer data by new technologically advanced methods. Putting it in a pedantic outward appearance, digitisation is the conversion of information into a digital layout.
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MISSION EXECUTION!
With 59 special purpose vehicles (SPVs) in place, India's Smart Cities Mission is now ready to take off. With more than 15 tenders coming in every month, winning cities have made sure their envisaged plans are on track, albeit at a slow speed.
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Big data complements India’s Smart Cities Mission
In an exclusive, PP Chaudhary, Minister of State, Ministry of Electronics and Information Technology, Government of India, says that the Centre is planning three IT and electronics regions, which will create direct employment opportunities for 12 lakh youths.