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L&T acquires 50 % stake in LTR

L&T acquires 50 % stake in LTR
The economy seems to be taking an upturn by looking at the number of activities in the corporate world. L&T (Larsen and Toubro) declared that it has acquired 50 % stake in L&T-Ramboll Consulting Engineers Ltd (LTR) held by Ramboll Denmark. With this acquisition, LTR now becomes a wholly owned subsidiary of L&T. L &T said [...] Continue Reading »

Gurgaon Budget prepared last Wednesday

Gurgaon Budget prepared last Wednesday
The 2014 to 2015 Budget of the Municipal Corporation of Gurgaon was finally tabled last Wednesday amidst the existing unrest amongst ward councillors. Of the overall budget, which is around Rs 889 crore, Rs 500 crore has been set aside solely for infrastructural projects like underpasses, flyovers, roads and bridges while Rs 70 crore has [...] Continue Reading »

Partnership of Posco E & C and PNC Infratech: beneficial for the infrastructure projects

Partnership of Posco E & C and PNC Infratech: beneficial for the infrastructure projects
Posco Engineering & Construction India is a wholly-owned subsidiary of Posco Engineering & Construction Co. Limited which is based in Korea. Posco E & C India has signed a memorandum of understanding (MoU) with PNC Infratech Limited to jointly develop and also execute some infrastructure projects in India and its neighbouring countries. PNC Infratech is [...] Continue Reading »

BMC fines contractors Rs 1.22 Crore

BMC fines contractors Rs 1.22 Crore
Brihanmumbai Municipal Corporation (BMC) has been strictly monitoring the reinstatement of roads ahead of Ganpati festival. BMC has been regularly cracking the whip on contractors in charge of pothole-filling work and has collected fines total of Rs 1.22 crore so far. Contractors under the civic body’s road department, its ward level and other related departments [...] Continue Reading »

GMHC turns blind eye to conditions of flyovers

GMHC turns blind eye to conditions of flyovers
Sources reveal that even after a year is passed of the report on flyovers and bridges were submitted to the Greater Hyderabad Municipal Corporation (GHMC), the civic body has not yet taken up any initiative to address the repairs needed. The condition of nearly 40 flyovers, rail over bridges (ROBs) and other bridges and suggested [...] Continue Reading »

2011 has been a fruitful year for Pimpri!

2011 has been a fruitful year for Pimpri!
Pimpri-Chinchwad has witnessed a fruitful year in 2011 on the development sector. Many of the projects which were slumped for a high time had started again or handed over to the residents. The city also got awarded the ‘Best City’ award as the year ends from Indian Prime Minister Manmohan Singh. The award was given [...] Continue Reading »

Makeover mantra for Mumbai unsafe Bridges

Makeover mantra for Mumbai unsafe Bridges
The Brihanmumbai Municipal Corporation (BMC) is ahead to polish the looks of prevailing bridges in Mumbai city. Nearly 34 bridges in the main city is hanging as a threat since four years and BMC has finally decided to furnish the bridges completely into new ones to stay safe for other three or four years. BMC [...] Continue Reading »



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