Abdulsamand Rabiu, Nigeria’s renowned cement and sugar businessman, is currently in the news for gaining $650 million after the cement firm merger getting sanctioned recently. Reportedly, the merger between Rabiu’s BUA Cement’s subsidiary company, Kalambaina Cement and the publicly traded CCNN (Cement Company of Northern …
The government plans to drop the GST rates for completed & under-construction housing units to the 5% GST slab from the present 12%. The GST Council would be taking up the matter at a meeting that is scheduled next month. The Government of India is …
China’s Ministry of Ecology and Environment would be moving scrap steel & aluminum to the restricted import list. The restriction on the import of scrap metals is part of the nation’s ongoing war against pollution which began in 2017. The Ministry of Ecology and Environment …
Infrastructure giant Larsen and Toubro (L&T) has confirmed in a statement that its construction arm has secured orders of approx. Rs. 2,360 crore. for rural development projects. Reportedly, the Water and Effluent Treatment and Transportation Infrastructure Business of L&T have bagged order of Rs. 1,281 …
Reports indicate that CIDB e-Construct Services (CIDBEC), a wholly-owned subsidiary of Malaysia’s Construction Industry Development Board (CIDB), is anticipated to establish a Fourth Industrial Revolution 4.0 (IR 4.0) roadmap by 2020 aimed particularly for the construction industry. Apparently, this roadmap would cover a five-year period …
The state-owned steel making firm provided TMT rebars, structural & plates for the bridge’s construction. The company supplied more than 50% of the steel used in the construction activities. Steel Authority of India Ltd. (SAIL), a renowned Indian state-owned steel production company, has reportedly announced …
