Sinopec wins bid to operate tank farm The Hambantota International Port (HIP) recently awarded a tender to Sinopec Fuel Oil Sales Corporation Limited for oil trading works and the operation and maintenance of their oil […]
Steel forms a significant part of the “material requirement” for infrastructure development. Government’s continued focus on infrastructure development translates to significant opportunity for steel manufacturers, as the metal finds extensive use in such projects. Steel […]
Creation of infrastructure, an economic determinant of GDP growth, critically hinges on the pace of construction activity. In the past few years, several government programmes that lay emphasis on infrastructure development have spurred growth in […]
A 1986 batch officer of the Indian Forest Service, Gujarat cadre, Dr Arun Kumar Verma is currently serving as joint secretary in the Ministry of Power. He has a tight grip on the sector and […]
The Dubai auctions of Ritchie Bros. have been quite successful in garnering interest from Indian customers, who always end up in the top five bidder countries at these auctions. At the company’s previous Dubai auction […]
With the country facing an annual infrastructure financing shortage of Rs 2 trillion, lending needs to move beyond traditional bank credit. Further, as banks are stepping back, tapping alternative financing instruments has become a necessity […]
Construction projects across the globe are faced with disputes. These disputes may arise due to a number of factors such as delays in project implementation and the failure to comply with preset project standards. The […]
India’s energy sector has witnessed strong growth in recent years as a result of economic expansion, growing population and large-scale urbanisation. Primary energy consumption grew at a compound annual growth rate (CAGR) of 20.86 per […]
Jayanta Roy, Group Head, Corporate Headings, ICRA The steel industry is inherently cyclical and follows the typical “boom-bust” commodity cycle. For the industry, while demand is influenced by local conditions, prices are influenced largely by […]
The construction equipment finance business is witnessing robust growth owing to the spurt in the road, irrigation, railway, affordable housing and mining sectors. Public and private sector banks, non-banking financial companies (NBFCs) and private financiers […]
The government, over the past few years, has stimulated the process of reviving the water supply and waste management segments through programmes such as the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) (the erstwhile […]
Significant developments have taken place in the road sector over the past few years. The announcement of the ambitious Bharatmala programme marked an evolutionary journey in the sector from the development of arterial roads to […]
India’s GDP has been growing at about 7 per cent per annum over the past few years. In order to lift a vast segment of the population above the poverty line, the country needs to […]
Leading tyre manufacturer and pioneer of radial technology in India, JK Tyre and Industries Limited has entered the Limca Book of Records with the country’s largest off-the-road (OTR) tyre, the VEM 045. Launched in 2014, […]
Data consumption has grown manyfold in recent years, primarily driven by an increasing number of connected devices, the launch of various government-led digital initiatives, and the surge in over-the-top platforms. 5G roll-outs will further drive […]
The Indian steel industry is dominated by the private sector, which accounts for an 80 per cent share of the total market in terms of production. In terms of capacity too, while the steel capacity […]
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