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Talks of realty price correction are highly speculative

Talks of realty price correction are highly speculative

What´s come as significant positives for the real estate sector are the announcements on affordable homes. One is the government according it infrastructure status, which means projects in that segment will be able to raise finance at a much lower cost.

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Siemens bags Rs 319 crore order from Diesel Locomotive Works

Siemens bags Rs 319 crore order from Diesel Locomotive Works

German conglomerate Siemens Ltd has announced it has won a Rs 98 crore order from Diesel Locomotive Works (DLW) to supply and install 48 Alternating Current (AC) Traction systems for Indian Railways. The AC Traction systems will be produced at the Nashik factory of Siemens Limited, the company said in a statement.

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Idea Cellular to raise Rs 500 crore via NCDs

Idea Cellular to raise Rs 500 crore via NCDs

Telecom operator Idea Cellular plans to raise Rs 500 crore through issuance of non-convertible debentures (NCDs). “The company is proposing to issue unsecured redeemable non-convertible debentures amounting to Rs 500 crore on a private placement basis,” Idea said in a regulatory filing.

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Mitsubishi Corp launches energy storage demonstration project in Delhi

Mitsubishi Corp launches energy storage demonstration project in Delhi

Mitsubishi Corporation has reached a basic agreement with AES Corporation and Tata Power Delhi Distribution Limited (TPDDL), which distributes electricity in northern and north-western Delhi, to develop an energy storage demonstration project in India. The project will be concentrated in the grid sectors operated by TPDDL.

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Ajax Fiori launches new concrete pump @ bC India 2016

Ajax Fiori launches new concrete pump @ bC India 2016

In keeping with its commitment of delivering innovative concrete equipment solutions to its customers, Ajax Fiori unveiled the latest addition to its product range at bC India 2016. The JSP 50 Concrete Pump was launched by Jagadish Bhat, CEO of Ajax Fiori, on the inaugural day of the exhibition, in the presence of customers and various stakeholders.

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Emergent Gujarat

Emergent Gujarat

With the adverse effect of demonetisation still looming over the country, the New Year will witness industry bigwigs - both international and homegrown ù queuing up to invest in India´s most industrially developed state, Gujarat. The occasion, Vibrant Gujarat (in its 8th edition), is all geared up to welcome the investors from all across the world.

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TRAI to push key agenda for FY18 with telcos

TRAI to push key agenda for FY18 with telcos

The Telecom Regulatory Authority of India (TRAI) will begin in January discussions with telecom and broadcasting companies to draw up and publish an ´agenda´ of important issues for 2017-18 - a move Chairman RS Sharma says will improve ´regulatory predictability´ in the sector.