infrastructure

Staff owed thousands let go as NSW construction company Main Facilities collapses

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Staff owed thousands let go as NSW construction company Main Facilities collapses

Construction company Main Facilities has gone bust after over a decade reshaping the state. The state government contractor which worked on commercial projects across the education, justice, and health sectors entered administration last Wednesday. Vanguard Insolvency Australia liquidator Mohammad Najjar was appointed as the administrator to oversee the future of the company, according to ASIC. … Read more

Queensland government rejects speculation it will cancel Brisbane 2032 Olympics and Paralympics

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Queensland government rejects speculation it will cancel Brisbane 2032 Olympics and Paralympics

The Queensland government has denied speculation it was considering cancelling the Brisbane 2032 Olympics and Paralympics. Scrutiny over the city’s capacity or desire to host the global sporting events has intensified this week after Premier Steven Miles ignored a key recommendation of a Games infrastructure review. The review, led by former Brisbane lord mayor Graham … Read more

Sanjeev Sanyal: I am a big believer in investment-led growth and that is one big area that we need to sustain: Sanjeev Sanyal

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Sanjeev Sanyal: I am a big believer in investment-led growth and that is one big area that we need to sustain: Sanjeev Sanyal

Sanjeev Sanyal, Member, PMEAC, says “generally speaking, the economy is in good nick. The game really is not whether the numbers are good now and whether or not we can compound it over 25 years if we want to be a developed country. The real issue is not whether we are generating good numbers now. … Read more

Cities Aren’t Prepared for a Crucial Part of Sea-Level Rise: They’re Also Sinking

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Cities Aren’t Prepared for a Crucial Part of Sea-Level Rise: They’re Also Sinking

Fighting off rising seas without reducing humanity’s carbon emissions is like trying to drain a bathtub without turning off the tap. But increasingly, scientists are sounding the alarm on yet another problem compounding the crisis for coastal cities: Their land is also sinking, a phenomenon known as subsidence. The metaphorical tap is still on—as rapid … Read more

India to be number 1 auto manufacturing hub in 5 yrs

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India to be number 1 auto manufacturing hub in 5 yrs

India will become the number one automobile manufacturing hub in the world by 2029 and the country will be the third largest economy, road transport and highways minister Nitin Gadkari said on Friday. The government’s focus going forward will be to build a world-class road network, move to alternative fuels and bring down logistics costs … Read more

Fiber Optics Bring You Internet. Now They’re Also Listening to Trains

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Fiber Optics Bring You Internet. Now They’re Also Listening to Trains

Stretching thousands upon thousands of miles under your feet, a web of fibrous ears is listening. Whether you walk over buried fiber optics or drive a car across them, above-ground activity creates a characteristic vibration that ever-so-slightly disturbs the way light travels through the cables. With the right equipment, scientists can parse that disturbance to … Read more

Ayodhya Ram Mandir: From L&T to Havells, 7 listed Indian companies in spotlight

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Ayodhya Ram Mandir: From L&T to Havells, 7 listed Indian companies in spotlight

As Ayodhya gets transformed into a global hub of spiritual tourism with the Ram Mandir as its focal point, the temple town is expected to draw 5 crore tourists annually once the Rs 85,000 crore makeover gets completed. The new Ram Temple, which itself has come up at a cost of about Rs 1,800 crore, … Read more

Republican Dave McCormick Pledges To Overturn Infrastructure Bill

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Republican Dave McCormick Pledges To Overturn Infrastructure Bill

Dave McCormick, a wealthy former hedge fund manager and leading Republican candidate for Senate in Pennsylvania, would vote to repeal President Joe Biden’s bipartisan infrastructure bill, he said on a pro-Trump radio show in mid-November. During McCormick’s appearance on “The John Fredericks Show,” Fredericks asked McCormick how he would “stand firm to cut spending” once … Read more