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

🏗 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

🏘 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

🛍 Cement

📝  Sagar Cements to commission clinker line of ACL soon, to invest ₹458 crore in upgradation

🚃 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

🚢 Ports

📝  Adani Ports handles 120 mt rail cargo in FY23

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