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Bentley Systems announces the finalists Going Digital Awards in infrastructure

Bentley Systems announces the finalists Going Digital Awards in infrastructure

The annual awards program honors the extraordinary work of Bentley software. Bentley Systems, Incorporated, the infrastructure engineering software company, announced the finalists for the 2021 Going Digital Awards in infrastructure. The annual awards program honors the extraordinary work of Bentley software users advancing infrastructure design, construction, and operations throughout the world. A 16 independent jury...

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Residential real estate demand infused by upcoming infra projects

Residential real estate demand infused by upcoming infra projects

Infrastructure is always a key driver for the real estate segment. With Finance Minister Nirmala Sitharaman’s announcement on the government’s intention to spend Rs 102 lakh crore on infra projects in the next five years, this is a great opportunity for developers to study new markets and take advantage of locations that offer promise. Infrastructure...

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Conditional Approval for Vaccine Delivery by Drones

Conditional Approval for Vaccine Delivery by Drones

The Central Government is providing an exemption for experimental drone flights for vaccine delivery to enhance the scope of their usage in the country and assist the nation in its fight against the Covid-19 pandemic. The Ministry of Civil Aviation (MoCA) and Directorate General of Civil Aviation (DGCA) have already granted a conditional exemption to...

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India, adynamic and scaled-up renewable energy market

Blueleaf Energy, a portfolio company of Macquarie’s Green Investment Group (GIG), specialising in the development, finance, construction and operation of both commercial & industrial (C&I) and utility-scale solar systems, across the Asia-Pacific region made an entry into the Indian market in September 2020. On February 10, Macquarie Infrastructure and Real Assets said that it has...

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Strengthening Balance Sheets Could Spur Future Growth

Strengthening Balance Sheets Could Spur Future Growth

The Indian primary steel industry has witnessed a sharp reboundfrom the second half of fiscal 2021despite the challenges posed by the Covid-19 pandemic. While the pandemic-related risks persist, sector analysts at CRISIL Ratingsbelievegrowth momentum for the steel industry could sustain in FY2022. This would help steel makers fortify balance sheets even as they continue to...

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China Powers Spiralling Steel Prices

China Powers Spiralling Steel Prices

Domestic steel prices have witnessedan unprecedented rise from the second half of FY2021.The economic support measures unveiled by various countries will keep the demand for steel high. The near absence from the world export market and a higher import by China are among the major factors keeping steel prices at elevated levels. Continued higher demand...

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Can Insolvency aid India’s infrastructure?

Can Insolvency aid India’s infrastructure?

Many infrastructure companies are going through Corporate Insolvency Resolution Process (CIRP); some of them were also in the first target list of the Reserve Bank of India (RBI), wherein 12 companies were identified in June 2017 to proceed in under the code.