News
The Drive Toward Electric Construction Machines Gains Momentum Globally
The construction industry is witnessing a major shift as companies accelerate the transition toward electric construction machines, driven by sustainability goals, stricter emission regulations,...
Ajman Conducts 27,000 Construction Material Tests as Development Activity Accelerates
Ajman has carried out over 27,000 construction material tests as part of its efforts to ensure quality and safety amid a surge in development...
Dutch Startup MAECONOMY Raises €1.5 Million to Turn Building Materials into Tradable Circular Assets
Dutch startup MAECONOMY has raised €1.5 million in funding to develop a new financial and digital infrastructure aimed at transforming building materials into auditable...
Road Safety Infrastructure Set for Major Revamp Across Sector 1 to 23 Stretches
Road safety infrastructure across sectors 1 to 23 is set to undergo a comprehensive revamp, aimed at improving commuter safety and reducing accident risks...
IBBI Panel Recommends Project-Centric Insolvency Approach to Speed Up Real Estate Resolutions
A committee set up by the Insolvency and Bankruptcy Board of India (IBBI) has proposed a major shift in handling real estate insolvency cases...
CCI Clears Citrus Investment Deal in Hitachi Construction Machinery, Grants Sole Control of HCJI
The Competition Commission of India has approved a key investment proposal by Citrus Investment LLC involving Hitachi Construction Machinery and its joint venture entity...
European Building Materials Firms Remain Highly Exposed to Oil and Gas, Echoing 2022 Risks
European building materials producers continue to remain heavily dependent on oil and gas, with exposure levels largely unchanged since the 2022 energy crisis, raising...
Piyush Group Crisis: 1,500 Homebuyers Left Waiting as Unfinished Projects and Land Deals Deepen Trouble
A major real estate crisis involving the Piyush Group has left over 1,500 homebuyers stranded, with multiple housing projects remaining incomplete across parts of...
PMC to Draft Master Plan for Infrastructure Development Near Passport Office
The Pune Municipal Corporation (PMC) has announced plans to prepare a comprehensive master plan for infrastructure development along the passport office stretch on Baner–Pashan...
RBI Keeps Repo Rate at 5.25%: What It Means for New and Existing Home Loan Borrowers
The Reserve Bank of India has decided to keep the repo rate unchanged at 5.25%, offering stability to both new and existing home loan...
