News

Mumbai to gets its second Metro line by 2020

As per the timeline set by the Mumbai Metro Rail Corporation (MMRC), within the next five years Mumbai will get it’s another metro line — 33.5km-long Colaba-Bandra-SEEPZ underground metro. Passenger operations for underground Colaba-Bandra-SEEPZ metro will commence in a phased manner, starting from December 2018 and the entire route will be ready for public only … Continue reading

ONGC to invest $8.8bn in KG oil and gas finds

State-owned Oil and Natural Gas Corp (ONGC) plans to invest over $8.8 billion in bringing to production its much-touted KG-basin oil and gas discoveries by 2018-19. ONGC has divided 12 oil and gas finds in the block KG-DWN-98/2 or KG-D5 and gas discovery in an adjacent G-4 block the Bay of Bengal into three clusters … Continue reading

Amazon.in to open second warehouse in India

Amazon.in: the Indian arm of world’s largest e-commerce company announced on Monday that it would open a fullfilment centre- that is, a warehouse – in Bangalore, which will be operational from February. This will be the e-commerce giant’s second fullfilment centre in India, the first being on the outskirts of Mumbai, in Bhiwandi. Amazon began … Continue reading

The state government is planning

The state government is planning to build mega warehouses across the state to stock foodgrains at major cities, the minister for cooperation H S Mahadeva Prasad, who is chairman of the Karnataka State Warehousing Corporation, has said

DSK Developers launches Rs. 8,000 cr township project

DSK: Pune-based real-estate developer D S Kulkarni Developers Ltd. has launched DSK Dream City, a township project under the Maharashtra Special Township Act at Loni on the Pune-Solapur highway. The Rs. 8,000-crore project involves building 12,000 residential units in seven phases with a target to complete it in eight years. It will be spread over … Continue reading

Larsen & Toubro Construction wins new orders worth Rs. 2,962 crore.

Larsen & Toubro: Infrastructure major Larsen & Toubro’s construction wing has won new orders worth an aggregate Rs. 2,962 crore across various business segments. “The Buildings and Factories Business has bagged new orders worth Rs. 1,555 crore,” the company said in a filing with the BSE. The contracts won by Buildings and Factories Business include … Continue reading