India, Nov. 2 -- Building a high rise is more than pouring concrete. Developers like contractors who have done it many times before, because of deep basements, tall cores, tight timelines and strict safety rules. In big cities in India, demand is shifting toward big branded projects and developers are giving out more of the construction to a few experienced EPC players who have the manpower and financial muscle to deliver on time.

The Nifty 50 was trading at 23,325.90, up 1.18%. Meanwhile, Sensex also rose 1.31% to 75,446.52 on Monday. Meanwhile, Shares of Larsen & Toubro Ltd. were trading at Rs. 3,936.00, up 1.66 percent from previous close of Rs. 3,871.70. The stock opened at Rs. 3,894.20 and reached an intraday high of Rs. 3,953.40 ...