Amazon forays into furniture sales, going to set up 5 more warehouses
E-commerce major, Amazon India has forayed into furniture sales and would set up five more warehouses in the country by the end of the current fiscal year, a top official […]
With demands set to pick up, UltraTech cement to grow faster than industry
UltraTech Cement, the country’s largest Cement company, has given a guidance of 7% growth in cement demand in FY17, higher than 4-4.5% in FY16. Given its size, cost advantage and […]
Shree Cement to set up Rs 600 crore cement plant in Jharkhand
Shree Cement, mid-sized cement manufacturer with operations in multiple states, has signed MOU with the Jharkhand government to set up a two-million tons grinding unit in Seraikela Kharsawan district involving […]
India and US agree to enhance cooperation in port development
Indian officials said American Ports have evinced a keen interest in a comprehensive port-led development, especially the ambitious Sagarmala program, as the Union Road Transport and Highways Minister Nitin Gadkari […]
Highway builders choose hybrid annuities for financial health
The hybrid annuity model introduced by the National Highways Authority of India (NHAI) for road projects is becoming popular among construction companies as it reduces the dependence on borrowings. NHAI […]
Cement volumes growth points to demand revival
According to analyst estimates volume growth in cement increased by 12-18 per cent in the March 2016 quarter compared with a drop of 4.7 per cent in the corresponding quarter of […]
Ikea asks Government to develop a furniture cluster in Kandla
Swedish furniture major Ikea has asked the government to develop a “furniture cluster” near the Kandla port in Gujarat, shipping minister Nitin Gadkari told reporters. The company will not set up its […]
