JCB INDIA CONSTRUCTION EQUIPMENT
India Inc gears up for Middle East rebound after peace deal
Indian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and securing shipping capacity. This move aims to revive exports disrupted during the conflict. FMCG firms, carmakers, and construction equipment manufacturers are all scaling up operations. Lower freight costs are expected to benefit consumers and boost margins for exporters.
Pema Khandu inaugurates Arunachal Pradesh Bamboo & Cane Technology Centre at Gungu near Itanagar
Arunachal Pradesh Chief Minister Pema Khandu inaugurated a new Bamboo and Cane Technology Centre. with an aim to transform the state's bamboo resources into valuable products. It will create jobs for local youth and artisans. The centre will foster innovation and skill development.
Embassy Developments awards Rs 850cr construction contract to Leighton Asia
In a landmark deal, Embassy Developments has entrusted Leighton Asia with a contract worth over Rs 850 crore for the construction of Embassy Citadel in the bustling area of Worli, Mumbai. This residential endeavor boasts a massive 1.6 million square feet of developable space, underscoring Embassy Developments' role as a major player in India's vibrant real estate landscape.
AI is making blue collar workers like electricians, mechanics richer than office workers
Artificial intelligence is creating new, lucrative roles for skilled tradespeople in India, with demand for electricians, HVAC technicians, and robotics specialists surging. This 'labour flip' sees blue-collar wages growing faster than entry-level white-collar salaries, as AI's physical infrastructure requires human expertise for installation and maintenance.
Advit Jewels announces price band for its IPO opening on June 23. Check details
Advit Jewels, a Jaipur-based jewellery maker, has announced its Initial Public Offering. The price band is set between Rs 130 and Rs 138 per share. The subscription opens on June 23 and closes on June 25. The company aims to raise approximately Rs 165 crore through this public issue. Funds will support working capital needs and business expansion.
India's office leasing to remain resilient, to hit 85-90 million sq ft in 2026-27
India's office property market is set for strong growth. Leasing activity is expected to reach 85-90 million sq ft by 2026-27. Global capability centres and flexible workspaces will drive this expansion. Vacancy rates will remain stable, and rentals are predicted to increase. Geopolitical tensions may impact costs but not immediate demand.
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War and AI force India Inc to rethink huge office deals
Large office leasing deals in India are experiencing extended closing times as companies adopt a cautious approach to expansion amid geopolitical uncertainty and AI-led workforce disruption. While demand for quality office space remains resilient, occupiers and investors are taking a more measured view of capital commitments, leading to longer evaluation periods.
Father's passion for archery, mother selling 'Mangalsutra': Dhiraj Bommadevara's journey to double gold in WC
Dhiraj Bommadevara secured two gold medals at the Archery World Cup Stage 3 in Antalya. He defeated South Korea in both the recurve mixed team and individual events. This historic achievement marks a significant moment for Indian archery. His parents' sacrifices were instrumental in his journey. This win fuels his motivation for future competitions.
Ashwini Vaishnaw expects more companies to start production of memory chips in India
Strong demand for memory (data storage) cards and advanced chips has tightened global supplies and supported higher prices in past quarters, and manufacturers have been sprucing up investments and production capacities to meet market requirements worldwide. The higher memory chip prices have, in turn, led to a rise in production costs for a range of electronic products, including smartphones and laptops.
Hurdles behind India's supertall buildings & vertical ambitions
India's urban growth is rapid, yet only one building crosses the 300-meter supertall mark. Fragmented regulations and infrastructure gaps hinder taller constructions. Developers face higher costs and extended timelines for supertall projects. While supertalls offer efficient land use, the focus remains on addressing affordable housing and essential urban services for the next two decades.
Ram temple construction committee chief says his role limited to overseeing construction work amid donation row
Ram temple construction committee chairperson Nripendra Mishra stated his role is limited to supervising construction, declining to comment on allegations of financial irregularities and misuse of donations. He arrived in Ayodhya to review ongoing projects. Uttar Pradesh Minister Surya Pratap Shahi confirmed the temple trust is investigating the claims and will take action.
Delhi to Siliguri in 6 hours? Railways have a Rs 16 lakh crore bullet train plan to connect major cities
India is embarking on a massive high-speed rail project. Seven dedicated corridors are planned, aiming to slash travel times between major cities. The Delhi-Varanasi and Varanasi-Siliguri routes are key proposals. This initiative will connect western, northern, southern, and eastern India. Indigenous bullet train technology is also advancing, with trial runs set for 2027.
Dubai World Trade Centre Metro Station's dirty signboard was flagged to authorities. What happened next left the Internet impressed
A Dubai resident's Instagram complaint about a dirty metro station signboard led to a swift cleanup the very next day, sparking praise for authorities. This incident ignited a global conversation on civic accountability, with many contrasting the efficient response with perceived bureaucratic delays elsewhere, particularly in India.
India likely past peak outflows, AI gap its advantage, Lighthouse Canton says
Domestic benchmarks Nifty 50 and Sensex are down about 11% and 13% so far in 2026, respectively, after fears of AI-led disruption tanked the heavyweight IT index 27% and the crude price spike after the Iran war worsened the macroeconomic outlook.
India grants retrospective custom duty relief on imports of select nuclear power generation equipment
India has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and January 31, 2026. The move exempts eligible imports from any duty demands for the period, providing certainty to importers and regularising past shipments used in nuclear power projects.
Google to invest $50 million to train over 300,000 workers for construction and technical jobs
Google is investing fifty million dollars to train more than three hundred thousand workers. This initiative targets construction and technical roles like electrical work and plumbing. The funding will support programs across twenty states, partnering with unions and associations. This effort aims to address a growing labor shortage in essential industries. Google's commitment builds on previous global skilling investments.
Record 5.4 lakh homes set for delivery in 2026, but West Asia war clouds execution outlook
India's top cities are set for a record housing completion in 2026. Over five lakh homes are scheduled to be delivered. Developers face challenges due to global conflicts impacting costs. This year will test their execution capabilities. Successful delivery will boost buyer confidence and mark a new phase for real estate.
RICS launches internationally recognised mediation training programme in India
This initiative aims to equip professionals with specialized dispute resolution skills. The program will train individuals to preserve relationships and achieve sustainable outcomes in commercial disputes.
L&T betting big on 'digital workers' to overcome manpower challenges in projects: CFO R Shankar Raman
Larsen & Toubro is embracing automation and robotics to boost construction. The company aims to transform the industry by reducing reliance on manual labor.
Afcons Infra shares soar over 9% on Rs 5,301 cr order to build world’s second-largest breakwater
Afcons Infrastructure shares surged following a significant contract win. The company will construct a 10.14-km breakwater for Vadhvan Port in Maharashtra. This project is valued at Rs 5,301 crore. The breakwater is expected to be one of the world's longest upon completion. This development highlights Afcons' expertise in large-scale marine infrastructure projects.
SEZ import relief to fast track chip projects
India's semiconductor manufacturing sector is set for a major boost. New rules exempt imports for Special Economic Zones from quality checks. This will speed up the setup of chip fabrication plants and assembly units. Companies can now import necessary equipment and materials without delays. Compliance with Indian standards will only be required when products enter the domestic market.
Zojila tunnel breakthrough to bring Ladakh closer to all-weather access
The Zojila Tunnel project has reached a major milestone with its final breakthrough. This 13.153-km tunnel will provide all-weather road access between Kashmir and Ladakh for the first time. The project is set to significantly improve troop mobility and reduce travel time.
L&T betting big on 'digital workers' to overcome manpower challenges inprojects: CFO R Shankar Raman
Larsen & Toubro is embracing automation and technology for construction growth. The company is using robots for tasks like welding and plastering. This shift aims to overcome labor shortages and improve site safety. L&T's extensive international experience, particularly in the Middle East, has prepared it for large-scale projects. The company seeks to lead industry transformation through these advanced methods.
Solar module cos flag cell shortage; makers say demand can be met this year
Solar module makers face challenges with local cell sourcing rules. They report a significant gap between module manufacturing capacity and domestic cell availability. While module capacity stands at 225 GW, domestic cell capacity is only around 30 GW. Cell manufacturers counter that current demand is met and future capacity will suffice.
DGCA to probe damage to 3 parked Air India aircraft at Delhi airport
Aviation safety regulator DGCA is investigating the incident that damaged three Air India aircraft were damaged as ground support equipment hit the parked planes due to strong winds and rain. The incident occured at Terminal 2 of Delhi International Airport on Sunday. All three aircraft are now grounded for inspection and maintenance.
Air India planes hit by ground equipment; probe under way
Strong winds and rain caused ground support equipment to hit three Air India aircraft at Delhi's Indira Gandhi International Airport. The aircraft were parked at Terminal 2. The incident occurred on Sunday. The airport operator said no weather warning was issued. Two of the damaged planes are expected to return to service soon.
'Kudankulam Nuclear Power Plant now being constructed': Vladimir Putin sees India-Russia trade reaching USD 100 billion
Speaking on the sidelines of the St Petersburg International Economic Forum on Thursday (local time) Putin said Moscow and New Delhi were aiming for more ambitious economic targets as trade between the two nations continues to grow. "We are not only talking about our plans in energy, including nuclear energy. Kudankulam Nuclear Power Plant (KKNPP) is now being constructed," he said.
Three killed after crane collapses at Jewar Expressway flyover construction site in Faridabad
A gantry crane collapsed onto a makeshift shelter at a Jewar Expressway flyover construction site in Faridabad, Haryana, killing at least three people. One worker was rescued with serious injuries, while rescue operations continue for others believed to be trapped. The incident occurred during a storm near Panhera Khurd village.
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