Top Indian Infrastructure Industry News & Updates - 18 May 2023,Thursday
🏢 Industry & SEZ
📝 Government-backed SWAMIH Fund invests over Rs 158 crore in Thane housing project
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🏗 Construction
📝 L&T's construction arm bags multiple EPC orders in domestic market
📝 Focus on using green energy powered construction equipment: Nitin Gadkari
📝 We will achieve double digit margins in 3 to 4 years: Deepak Goyal, APL Apollo Tubes
📝 Puravankara’s construction arm Starworth eyes ₹2,000 cr turnover
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🏘 Real Estate
📝 Oberoi Realty says Q4 profit more than doubles on soaring demand
📝 Group 108 forays into NCR realty market, plans to invest over Rs 2000 cr
📝 Vaishnavi Group leases over 4 lakh sqft. office space to Navi Technologies in Bengaluru
📝 Ganga realty acquires 8.35 acre land in Gurgaon for luxury housing project
📝 New commercial realty supply to push absorption marginally, overwhelm rental growth
📝 Integrow AMC looks to mop up Rs 1,500 crore for office realty fund
📝 Simplex Realty net profit falls 59.9% in Q4
📝 Puravankara launches music-inspired plotted development ‘Purva Raagam’ in Thirumazhisai
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🛍 Cement
📝 Sagar Cements to commission clinker line of ACL soon, to invest ₹458 crore in upgradation
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🚃 Railways
📝 PM Modi to flag off Puri-Howrah Vande Bharat Express, launch other railway projects in Odisha on Thursday
📝 Jupiter Wagons to reopen Stone India in six months, ramp up wagon capacity
📝 RAPIDX trains to have dedicated women's coach
📝 PM Modi to flag off Odisha’s first Vande Bharat Express via video conferencing, to dedicate other Railway projects
📝 Murugappa group firm CG Power becomes debt free
📝 Himachal govt to transfer land for BG Nangal Dam-Talwara railway line
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🚢 Ports
📝 Adani Ports handles 120 mt rail cargo in FY23
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