The Birla Institute of Technology and Science (BITS), Pilani inaugurated the Centre for Research Excellence (CORE) in waste, water and energy management. CORE will help develop technologies,
Tag: India
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Vikram Solar commissions mini grid
Vikram Solar has commissioned a 100 KW solar mini grid system at Bahal, Haryana. The mini-grid will help power six residential blocks consisting of 35 households in the village. These households have been connected at load end with auto changeover
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Cairn India annnounces financial results
Cairn India Ltd (CIL) has announced its annual financial results for the period ending 31 March 2014. The result recorded a revenue of Rs 18,762 crore ($3.1 billion), up 7 per cent YoY on account of enhanced volumes
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Tekla acquires Field3D business from SVSi
Tekla has acquired SVS Innovations' (SVSi) construction software business and its advanced Field3D mobile technology. The acquisition further strengthens Tekla's position in mobile BIM applications development
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RBI considers India Post banking licence application
The Reserve Bank of India (RBI) has decided on Apri 2, 2014 to grant "in-principle approval to two applicants viz., IDFC Ltd and Bandhan Financial Services Pvt Ltd, to set up banks under the guidelines on licensing of new banks in the private sector issued on February 22, 2013. The High Level Advisory Committee (HLAC) set up by the RBI has recommended the above mentioned companies as suitable for grant of in-principle approval. The HLAC also recommended that application of Department of Post for
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UDAAN Art Festival
The UDAAN Art Festival got off to a rollicking start on 21 March 2014 at the Airports Authority of India Officers Institute (AAIOI) near Safdarjung Airport. The art festival was inaugurated by Alok Sinha, Chairman, AAI in the gracious presence of renowned artist Renuka Sondhi Gulati, senior photographer RK Paul, Director, PSA Membership: Indian Sub-Continent (Bangladesh/India/Sri Lanka).
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Moisture-resistant roads
Bitumen consumption in India was 4.5 million tonne in 2011-12 costing Rs 18,000 crore (current value). Nearly 80 per cent valued at Rs 14,400 crore used for resurfacing, is the annual binder loss from the existing roads due to leaching and stripping of the bitumen binder.
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IDFs are the best route to refinance existing projects
Sadashiv Rao, Chief Risk Officer, IDFC Ltd tells Rahul Kamat that IDF-NBFC is a safer route compared to IDF-Mutual Fund, as in the latter, the fund manager can invest in any project (under construction) which will have risk involved in it, and investors may not like to invest in high-risk projects.
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PERI India wins BAI award
PERI (India) has been honoured with the award of "Sarvottam Manufacturer of Formwork Systems", by Builders Association of India (BAI), in XXVIth All India Builders' Convention in Dubai in February 2014. The convention was attended by more than 600 leading builders from India.
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GMR to bid for all six airports
GMR Group plans to bid aggressively for all the six airports that the government will privatise. The company does not intend to tie up with any player as it is eligible to bid alone this time.