Weak Demand Pressures Sponge Iron Prices Amid Muted Steel Market
India’s sponge iron market saw a day-on-day price decline of INR 100-300 per tonne (t) due to weak demand and cautious buyer sentiment....
Chennai Corporation to Generate ₹136.75 Crore Additional Revenue Through GIS Tax Reforms
The Greater Chennai Corporation (GCC) anticipates an annual revenue boost of ₹136.75 crore by rectifying tax anomalies identified through its Geographic Information System...
China Ends Aluminium, Copper Export Subsidies: Impact on India’s Market and Prices
China’s recent decision to terminate export subsidies for aluminium and copper has sent shockwaves across global metals markets. Aluminium prices on the London...
Tidel Park in Pattabiram to Drive Real Estate Growth in Northern Chennai
Tamil Nadu Chief Minister MK Stalin inaugurated a cutting-edge 21-storey Tidel Park in Pattabiram, near Avadi, Chennai. Built at a cost of ₹330...
Welspun Tubular to Invest $100 Million in Arkansas Plant Upgrade
Welspun Tubular LLC, the US subsidiary of India’s Welspun Corporation, is set to invest $100 million to enhance its steel large-diameter line pipe...
Parandur Airport Project on Track: ‘In-Principle’ Approval Expected by February
The much-anticipated second airport for Chennai, planned at Parandur, is likely to receive ‘in-principle’ approval by February 2025. Estimated at a cost of...
UltraTech Cement Accelerates Sustainability with 100 New EV Trucks
UltraTech Cement, India’s leading cement and ready-mix concrete producer, is scaling up its adoption of electric vehicles (EV trucks) in logistics. The company...
Hyderabad Real Estate Records 20% Surge in October Property Registrations
The Hyderabad real estate market witnessed a robust 20% month-on-month (MoM) growth in property registrations, with 5,985 residential units sold in October 2024,...
Construction Costs Surge by 39% in Big Cities, Impacting Housing Projects
The cost of construction for housing projects in major Indian cities has surged by 39% over the past four years, now averaging Rs...
Brigade REAP Expands Proptech Investments with $500,000 in Settlin’s Resale Platform
Brigade REAP, the proptech accelerator by Brigade Group, has invested in Settlin, a gig-based residential resale platform, as part of a larger $500,000...
