Hindustan Construction Company
Ajit Gulabchand who is the chairman and managing director at the Hindustan Construction Company is setting out a plan in order to raise Rs 1,500-2,000 crore to pay the debt and get the Mumbai-based construction and engineering company out of the corporate debt restricting the cell ahead of the schedule. He further stated that he [...] Continue Reading »
The NCP chief Sharad Pawar seems to be extremely concerned about the growth of Maharashtra and mentioned that he supports the concept behind controversial Lavasa lake city project. He also mentioned that there are 26 unpopulated sites near water bodies in Maharashtra that could be developed on the lines of English tourist towns. The project of [...] Continue Reading »
A total of Rupees 500 crore has been preserved by the Hindustan Construction Company so that they can settle all matters with their colleagues. This includes all governmental authorities. Last year, Ajit Gulabchand, who happens to be the chairman of Hindustan Construction Company stated that large chunks of money hasn’t been paid by this company [...] Continue Reading »
The Delhi Metro Rail Corporation Ltd (DMRC) has awarded the Hindustan Construction Company (HCC) Ltd, a Rs 300 crore contract. This is the third time that the company has received contract from DMRC for the underground metro since October 2012 under the phase III development of Delhi Metro. The contract is primarily for the design [...] Continue Reading »
Hindustan Construction Company (HCC) has received orders worth Rs 725 crore to execute projects in road construction, water, nuclear and industrial segments. The largest of the chunk is an order worth Rs 433 crore from Bihar Rajya Pul Nirman Nigam to build a 2.9 km bridge in Bihar over the Sone River connecting Daudnagar and [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) will float tenders by this month-end for construction of over 200 new road in 2012-13. The civil body has made a budgetary allocation of Rs 950 crore for roads, including pending work from last fiscal. According to officials, construction work of 129 of 171 major roads have been completed in [...] Continue Reading »
