Real estate developers have welcomed the implementation of the Goods and Services (GST) Tax. According to them, GST will greatly improve a fractured tax system and help create an integrated Indian market.
Author: admin (Infratructure Today)
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MHPS adopts “Power for a Brighter Future” as new brand slogan
Mitsubishi Hitachi Power Systems (MHPS) has created a new brand slogan, "Power for a Brighter Future," to signal the value the company provides to the global community.
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Siemens and Sumitomo Electric win order for Kerala HVDC link
A consortium of Siemens and Sumitomo Electric Industries Ltd has been awarded an order from Power Grid Corporation of India, to supply a high-voltage direct current (HVDC) transmission system. The total size of the order won by the consortium is $520 million, of which the share of Siemens Limited is approximately Rs 1,682 crore.
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Allcargo Logistics wins ‘Best Risk Management Practice’ award
Allcargo Logistics Ltd, a leading integrated logistics provider, has received an award for ‘Best Risk Management Practice’ in the category of Supply Chain (Logistics) at the 3rd India Risk Management Awards 2017 which was held at Taj Lands End, Mumbai.
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Indian project for affordable rural broadband wins Mozilla’s ‘Equal Rating Innovation Challenge’
Mumbai-based Project Gram Marg Solution for Rural Broadband has been declared the winner of Mozilla’s ‘Equal Rating Innovation Challenge’ by an overwhelming margin. The competition called for initiatives to make affordable Internet available to all.
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Mumbai’s top real estate leaders meet for REMI’s owner-developer program
One of IndiaÂ’s leading real estate educational institutes, the Real Estate Management Institute (REMI), has launched its Owner Developer Program (ODP). The ODP anticipated the journey ahead and offered participants a view of what to expect, how to respond and what to know in this domain, to capitalise on the oppurtunities.
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Rajasthan signs MoU for expansion of Jodhpur airport
A Memorandum of Understanding (MoU) has been signed between the Rajasthan government and other stakeholders for transferring 37 acres of land for development and expansion of the civil airport in Jodhpur.
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Motherson Sumi acquires auto parts maker PKC for Rs 4,000 cr
Motherson Sumi Systems (MSSL) has acquired Finland-based global auto component major PKC Group for approximately €571 million (over Rs 4,000 crore), a move that will help the group to expand its footprint significantly in the American and European commercial vehicle market segments, said the company in a statement. This is the 16th acquisition by MSSL since 2002.
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GE, Power Grid strengthen grid for half a billion people in India
The first step of a two-phased project designed to address the growing power needs of IndiaÂ’s northern region is now energised. GE Energy Connections has announced that it has successfully transmitted 1,500 MW of power for Phase-1 of the Champa Ultra High Voltage Direct Current (UHVDC) project.
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Skipper Ltd commissions second plant in Assam
Skipper Limited, one of the leading manufacturers in the power transmission & distribution and polymer pipes & fittings segment has commissioned its second plant in Guwahati, Assam. In an announcement, the company shared the commencement of commercial production from the new unit.