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Power Aid Parminder Chopra, Chairman and Managing Director, Power Finance Corporation, helms the company that approved the Rs.150 billion loan to the Shapoorji Pallonji (SP) Group which will help the Mistry family repay debts and expand the real estate business, using Tata Sons shares as collateral. This loan is seen as a significant step in addressing the Mistry family's $3 billion debt, potentially allowing their companies to reinvest profits for growth instead of servicing debt. The loan, backed by cash flows from SP Group's real estate business and the Mistry family's shares in Tata Sons,..

Trimble recognises Esskay Design as 'Feature Company of the Month'

Global construction technology leader Trimble announced Esskay Design and Structures, a leading, innovative, steel detailing company which offers cutting-edge solutions to structural steel fabricators worldwide, as the ‘Feature Company of the Month’ for June 2024.  Within 11 years of inception, Esskay Designs became a trustable company for fabricators across a wide variety of projects from large and complex stadiums, to bridges and dams, etc.The Feature Company of the Month is a brand-new Trimble initiative which acknowledges sterling Indian companies that have contributed significant..

Rain Strain: 3 Airports Collapse!

Three airports have suffered a collapse this week under torrential rains. PRATAP PADODE, Founder FIRST Construction Council recommends five measures to improve infrastructure health A portion of a roof at Terminal-1 of Delhi’s Indira Gandhi International Airport collapsed on cars under heavy rainfall and winds, killing one person and injuring around eight others. Just the previous day a portion of the canopy at the new terminal building of Jabalpur airport in Madhya Pradesh caved in and fell on a car after heavy rainfall. A statement by the Airports Authority of India (AAI), Jabalpur read, ..