Construction Sector News - Latest Updates & Headlines
Real estate firm Omaxe's share hits new 52-week low amid rising losses
New Delhi, March 22: The stock of real estate company Omaxe plummeted to its new 52-week low of Rs 71.81 per share this week amid growing losses and declining sales – at a time when both benchmark equity indices Sensex and Nifty saw their best weekly gains in almost four years.
Cement prices are likely to increase because of new mineral tax by states: Report
Chennai, March 15: Cement prices across various states are likely to increase as state governments may impose new mineral taxes after a Supreme Court judgement, according to JM Financial report.
10 Indian workers found in West Bank, brought back to Israel: MEA
New Delhi, March 7: In a significant development, the Ministry of External Affairs (MEA) on Friday confirmed that 10 Indian workers were found in the West Bank and have been brought back to Israel.
India's construction sector projected to scale $1.4 trillion by 2047; experts focus on green tech
New Delhi, Jan 23: India's construction sector, which is growing exponentially, is projected to reach $1.4 trillion by 2047, according to Shailesh Kumar Agarwal, Executive Director, Building Materials and Technology Promotion Council under the Ministry of Housing and Urban Affairs.
India's infra-driven economy will lead to a CAGR growth of 7-8 pc in cement demand: Report
New Delhi, January 15: The cement demand is expected to remain strong in coming years with a growth of 7-8 per cent CAGR (compound annual growth rate) over FY25E-27E according to a report by JM Financial.
India's plastic pipe industry has significant headroom for growth: Jefferies
New Delhi, January 14: India's plastic pipe industry has immense growth potential due to its lower per-capita pipe consumption compared to the global average, according to a recent report by Jefferies.