By IANS,
Hyderabad : Indian Green Building Council (IGBC) is organising the seventh Green Building Congress Sep 10-12 in Hyderabad.
The theme for the current edition of the congress is “affordable green buildings”. The meet is expected to bring together all stakeholders of the construction sector and provide a platform for deliberations on the way forward to make green buildings affordable.
A green building is one which uses less water, optimises energy efficiency, conserves natural resources, generates less waste and provides healthier spaces for occupants, as compared to a conventional building.
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Nagarjuna Construction raises Rs.367.35 crore
Mumbai: Nagarjuna Construction Co Monday said it has concluded a qualified institutional placement (QIP) to raise Rs.367 crore.
The company has allotted 27.73 million equity shares of Rs.2 each at Rs.132.46, aggregating to Rs.367.35 crore to investors.
The QIP proceeds wil be utilised for squaring off short-term debt and new projects, said managing director A. Ranga Raju.
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GM India wins award for safety systems
New Delhi: The Halol plant of auto manufacturer General Motors India has won the prestigious National Safety Award in the motor vehicles category, the company said in a statement Monday.
The annual award, instituted by the Directorate General of the Factory Advice Service and Labour Institute (DGFASLI) under the labour and employment ministry, aims to encourage accident prevention and safety promotion programmes.
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3Com to deploy networking switches at Peugeot Citroen
Bangalore: Networking major 3Com Corp has bagged an order from French automaker PSA Peugeot Citroen to provide its new enterprise networking switches for local area network infrastructure, the company said Monday.
“Our energy-efficient switches will help Citroen reduce network installation and usage costs by about 60 percent and improve performance for new applications,” said 3Com general manager Bernard Etchebarne in a statement.
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Indonesian delegation visits state-run BEML
Bangalore: A high-level Indonesian delegation, led by its energy and mineral resources minister Purnomo Yusgiantoro, visited state-run Bharat Earth Movers Ltd (BEML) last week to assess its manufacturing capabilities for infrastructure development, especially in mining and construction sectors, the company said Monday.
BEML chairman and managing director V.R.S. Natarajan appraised the visiting delegation of the facilities, technologies and products for infrastructure development in Indonesia, the company said in a statement here.