MEP Infrastructure Developers has signed an agreement with an arm of the Construction Industry Development Board (CIDB Malaysia) for joint development of projects in India. “The company has entered into a Memorandum of Understanding with CIDB Holdings SDN BHD to promote and develop their cooperation by knowledge sharing and introducing best practices towards joint development of highways and expressways projects in India and related investment,” the company said in a regulatory filing.
Category: ECONOMY & POLICY
Post
Post
Essar Projects India completes projects worth Rs 2,862 crore in FY2016-17
EPIL has executed critical activities in Indian Oil Corporation LimitedÂ’s 15 MMTPA Paradip Refinery project, the Saurashtra Narmada Avtaran Irrigation (SAUNI) Pipeline Yojana project, as well as the Kaladan Multimodal Transport Project in Myanmar.
Post
Godrej Properties ties up with GRIHA for green rating of projects
Together with the Ministry of New and Renewable Energy (MNRE), Government of India, TERI developed GRIHA (Green Rating for Integrated Habitat Assessment), which was endorsed as the ‘National rating system for green buildings in India’ in the year 2007.
Post
Zydus CadilaÂ’s MD to lead FICCI delegation accompanying FM to the US
A high-powered FICCI business delegation led by Pankaj R Patel, President, FICCI & Chairman and Managing Director, Zydus Cadila - Cadila Healthcare Ltd is accompanying Finance Minister Arun Jaitley to the United States from 20-24th April 2017 to enhance bilateral economic engagement between the two major democracies and further boost cooperation between Indian and US businesses.
Post
Home launches dip 19% pan-India in Q1: PropEquity Study
In a report released by PropEquity, a real estate data, research and analytics firm, home launches dipped have dipped 19.46% across top 8 cities in the first quarter of 2017 from 28,428 units to 22,897 units.
Post
Australia, India to partner in skill development, 4 lakh trainers and assessors to benefit
The Centre has stated that the Prime Ministers of Australia and India have made skill development a priority area of engagement in multiple sub-domains such as skill delivery, quality assessments and creation of transnational standards to ensure international mobility of IndiaÂ’s workforce.
Post
As RERA kicks in, developers speed up project completion
A greater part of the country's developers appear to be on a ‘Mission Project Completion’ nowadays, possibly due to the impact of RERA
Post
CII Business Confidence Index scores all-time high in Jan-March quarter
Amidst expectations that economic activity would gather pace in the current year, there is optimism among companies that green shoots of recovery, which have started becoming evident, would be sustained. This finds a reflection in the CII Business Confidence Index (BCI) which has gone up to an all-time high of 64.1 during the fourth quarter of 2016-17 as against 56.5 recorded in the previous quarter.
Post
Real-estate players developers welcome GST implementation
Real-estate developers have welcomed the implementation of Goods and Service Tax. According to them, GST will greatly improve a fractured tax system and help create an integrated Indian market. The government has always made it clear that leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting GST.
Post
Odisha to build 100,000 houses for urban poor by 2022
Odisha is planning to build one lakh houses for economically weaker sections (EWS) and lower income groups (LIG) by 2022 under the policy of ‘Housing for All in Urban Areas’, according to Housing and Urban Development (H&UD) Minister Pushpendra Singhdeo.