Tag: Construction Sector

Steel Prices Drop

The steel authority of India ltd(SAIL) cut its product prices on Tuesday by rs.1000-1,500 per tone.  This step was taken keeping in line with the global price movement as global steel prices have declined nearly 15 per cent over the last month owing to poor demand in the wake of European financial crisis. Mr. Atul […]

The TCI Demerger

India’s leading integrated supply chain and logistics solutions provider Transport Corporation of India Ltd announced yesterday that its board members have approved the demerger of their real estate & warehousing undertaking into a new company named TCI Developers Limited (TDL) which will be effective from April 1. The company emailed a press statement saying the […]

Lodha Developers among top 10 Builders

Lodha Developers Ltd. has been selected as one of the India’s top ten builders on the basis of a survey conducted by Construction World, India’s premier magazine for the construction sector. The survey was conducted over a period of 4 months among a spectrum of handpicked audience comprising industry professionals from across India. Mr. Abhisheck […]

Services And Real Estate Are Biggest FDI Attractions

India received a massive $20.8 billion of foreign investment in energy, services, construction and real estate sectors during the last four financial years as high economic growth lured multinational companies to set up or expand operations. The services sector witnessed the biggest spurt in foreign direct investment (FDI) flows, from $444 million in 2004-05 to […]

Indian construction sector outlook positive for 2007-08 – Fitch

MUMBAI – Fitch Ratings said it sees the outlook for the Indian construction sector in 2007-08 as positive, boosted by increased investment in infrastructure projects and real estate. The ratings agency noted that while Indian construction companies have witnessed sharp growth in their order books and revenue with the increase in investment projected over the […]