Infrastructure

Outlook on bank facilities of L&T Metro Rail (Hyderabad) revised to negative

access_timeMay 27, 2020

New Delhi: The outlook on bank facilities of L&T Metro Rail (Hyderabad) Limited (L&TMRHL) has been revised to negative by India Ratings and Research (...

India's crude steel production dropped by a whopping 65% in April

access_timeMay 26, 2020

New Delhi: Due to the corona virus pandemic, the crude steel production in India dropped by a whopping 65 percent to just 3.13 million tonnes (MT) in...

Jindal Steel & Power Ltd’s clocks net profit of Rs 305.62 cr for Q4FY20

access_timeMay 25, 2020

New Delhi: Jindal Steel & Power Ltd’s consolidated net profit stood at Rs 305.62 crore for the fourth quarter of the 2019-20 fiscal against a net loss...

HIL Ltd’s net profit dips to Rs 22.87 cr for Q4FY20

access_timeMay 25, 2020

New Delhi: CK Birla Group company HIL Ltd’s consolidated net profit dipped about 15 percent to Rs 22.87 crore for the fourth quarter of the 2019-20 fi...

Issuer default ratings of Tata Steel, JSW Steel downgraded by Fitch

access_timeMay 24, 2020

New Delhi: The issuer default ratings (IDR) of two steel majors- Tata Steel and JSW Steel have been downgraded by Fitch Ratings to 'BB-' from 'BB' ear...

Brahmaputra Infrastructure Ltd’s suffers consolidated net loss of Rs 1.90 cr for Q3FY20

access_timeMay 23, 2020

New Delhi: Brahmaputra Infrastructure Ltd’s consolidated net loss for the third quarter of 2019-20 fiscal stood at Rs 1.90 crore as compared to a net...

Adani Enterprises foraying into data centre infra biz; constitutes wholly owned subsidiary for the purpose

access_timeMay 23, 2020

New Delhi: Adani Enterprises is foraying into data centre infrastructure business. It has constituted a wholly owned subsidiary ‘DC Development Chenna...

Birla Corporation net profit jumps 52% to Rs 194.73 cr for Q4FY20

access_timeMay 23, 2020

New Delhi: Birla Corporation, part of M P Birla Group, has clocked 52 percent jump in consolidated net profit at Rs 194.73 crore for the fourth quarte...

Orient Cement Ltd’s net profit drops 28% to Rs 44.06 cr for Q4FY20

access_timeMay 22, 2020

New Delhi: Orient Cement Ltd’s net profit dropped 28 percent to Rs 44.06 crore for the fourth quarter of the 2019-20 fiscal as compared to Rs 61.98 cr...

JSW Steel Ltd’s net profit drops 87% to Rs 188 cr for Q4FY20

access_timeMay 22, 2020

New Delhi: JSW Steel Ltd’s consolidated net profit dropped by  whopping 87 percent to Rs 188 crore for the fourth quarter of the 2019-20 fiscal as com...

IRB Infrastructure Developers raises Rs 200 cr through NCDs

access_timeMay 22, 2020

New Delhi: Mumbai-based IRB Infrastructure Developers has raised Rs 200 crore through non-convertible debentures (NCDs). These NCDs have been issued o...

Steel demand to contract by at least 20% this fiscal: ICRA

access_timeMay 21, 2020

New Delhi: The demand for steel in the ongoing fiscal will go down by about 20 percent. This will be the maximum yearly decline in demand for steel in...

Tata Steel BSL Ltd’s clocks net profit of Rs 5.93 cr for Q4FY20

access_timeMay 21, 2020

New Delhi: Tata Steel BSL Ltd’s consolidated net profit stood at Rs 5.93 crore for the fourth quarter of 2019-20 fiscal as compared to a net loss of R...

Mahindra Logistics Ltd’s net profit declines by massive 65% to Rs 9.73 cr fro Q4FY20

access_timeMay 20, 2020

New Delhi: Mahindra Logistics Ltd’s consolidated net profit declined by a massive 65 percent to Rs 9.73 crore for the fourth quarter of the 2019-20 fi...

JK Lakshmi Cement Ltd’s net profit jumps more than two-fold to Rs 101.21 cr for Q4Fy20

access_timeMay 20, 2020

New Delhi: JK Lakshmi Cement Ltd’s net profit jumped more than two-fold to Rs 101.21 crore for the fourth quarter of the 2019-20 fiscal  as compared t...

UltraTech Cement registers 3-fold increase in net profit at Rs 3,243 cr for Q4FY20

access_timeMay 20, 2020

New Delhi: Aditya Birla Grp firm UltraTech Cement registered a 3-fold increase in consolidated net profit at Rs 3,243 crore for the fourth quarter of...

Usha Sangwan resigns from UltraTech Cement Ltd

access_timeMay 20, 2020

New Delhi: Usha Sangwan has resigned from the board of UltraTech Cement Ltd with effect from 16 May 2020, the company said in a regulatory filing. 

JMC Project Ltd’s suffers net loss of Rs 54.76 cr for Q4FY20

access_timeMay 19, 2020

New Delhi: Ahmedabad-based JMC Project Ltd’s consolidated net loss stood at Rs 54.76 crore for the fourth quarter of the 2019-20 fiscal as compared a...

Gujarat Sidhee Cement Ltd’s net profit jumps more than four-fold to Rs 16.27 cr for Q4FY20

access_timeMay 19, 2020

New Delhi: Gujarat Sidhee Cement Ltd’s consolidated net profit jumped more than four times to Rs 16.27 crore in the fourth quarter of the 2019-20 fisc...

Embassy Office Parks REIT clocks consolidated net profit of Rs 57.8 cr for Q4FY20

access_timeMay 19, 2020

New Delhi: Country’s first REIT Embassy Office Parks has clocked a consolidated net profit of Rs 57.8 crore on a total income of Rs 583.5 crore for th...

Saurashtra Cement Ltd’s net profit at Rs 6.61 cr for Q4FY20

access_timeMay 19, 2020

New Delhi: Saurashtra Cement Ltd’s consolidated net profit stood at Rs 6.61 crore for the fourth quarter of the 2019-20 fiscal against a net loss of R...

KNR Constructions bags orders worth Rs 2,309 cr from Government of Telangana

access_timeMay 18, 2020

New Delhi: Hyderabad-based KNR Constructions has bagged orders worth Rs 2,309.23 crore from Government of Telangana. The orders have been received by...

Cement sales can go down by up to 30% in current fiscal

access_timeMay 18, 2020

New Delhi: Cement sales in the country can go down by up to 30 percent in the current fiscal. In a survey conducted by CIRISIL, as many as 93 percent...

Udaipur Cement Works Co Ltd’s net loss narrows to Rs 2.46 cr for Q4FY20

access_timeMay 17, 2020

New Delhi: Udaipur Cement Works Co Ltd’s net loss narrowed to Rs 2.46 crore for the fourth quarter of the 2019-20 fiscal against a net loss of Rs 3.86...

Adani Grp, L&T, AECOM, others interested in redevelopment of Chandigarh Station, passengers to pay user fee

access_timeMay 16, 2020

New Delhi: The Chandigarh rail station is to be redeveloped at a cost of Rs 131 crore and many real estate and infra companies are intererested for it...

Crompton Greaves Consumer Electricals Ltd’s consolidated net profit declins 27% to Rs 102.10 cr for Q4FY20

access_timeMay 15, 2020

New Delhi: Crompton Greaves Consumer Electricals Ltd’s consolidated net profit declined about 27 percent to Rs 102.10 crore for the fourth quarter of...

Highways Projects in UP, AP, Maharashtra, TN face max risk of time and cost overruns

access_timeMay 15, 2020

New Delhi: Highways construction activity in four major states- Uttar Pradesh (UP), Maharashtra, Andhra Pradesh and Tamil Nadu have been majorly affec...

Godrej Properties, Adani, Sobha Ltd, GMR, others participate in pre-bid meeting for redevelopment of Nellore, Tirupati rail stations

access_timeMay 15, 2020

New Delhi: Government is  planning to award tender for Rs 510 crore  redevelopment of Tirupati rail station and Rs 130 crore redevelopment of Nellore...

Shree Digvijay Cement Co Ltd's net profit at Rs 23.17 cr for Q4FY20

access_timeMay 15, 2020

New Delhi: Gujarat-based Shree Digvijay Cement Co Ltd registered net profit of Rs 23.17 crore for the fourth quarter of the 2019-20 fiscal against a n...

Havells India Ltd’ consolidated net profit dips 11% to Rs 177.73 cr for Q4FY20

access_timeMay 12, 2020

New Delhi: Havells India Ltd’ consolidated net profit dipped about 11 percent to Rs 177.73 crore for the fourth quarter of 2019-20 fiscal as against R...

401 infra projects incur cost overruns of Rs 4.06 lakh cr: Govt report

access_timeMay 12, 2020

New Delhi: There have been cost overruns of more than Rs 4.06 lakh crore in 401 infrastructure projects in the country. The cost overruns have been du...

Adani Transmissions Ltd’s consolidated net profit drops to less than half at Rs 58.97 cr for Q4FY20

access_timeMay 09, 2020

New Delhi: Adani Transmissions Ltd’s consolidated net profit dropped to less than half at Rs 58.97 crore for the fourth quarter of 2019-20 fiscal as a...

More than 30 consultancy firms participate in pre-bid meeting for redevelopment of New Delhi railway station

access_timeMay 09, 2020

New Delhi: About 30 consultancy firms participated an online pre-bid meeting for the tender floated for choosing a firm for the redevelopment of New D...

Reliance Infrastructure Ltd’s consolidated net loss narrowed sharply to just Rs 153.84 cr in Q4FY20

access_timeMay 09, 2020

New Delhi: Anil Ambani-led Reliance Infrastructure Ltd’s consolidated net loss narrowed sharply to just Rs 153.84 crore for the fourth quarter of 2019...

Uttam Galva Steels Ltd’s consolidated net loss narrows by 18% to Rs 536.04 cr for Q4FY20

access_timeMay 08, 2020

New Delhi: Uttam Galva Steels Ltd’s consolidated net loss narrowed by 18 percent to Rs 536.04 crore for the fourth quarter of 2019-20 fiscal as agains...

Shree Cements Ltd’s consolidated net profit jumps 57% to Rs 536.65 cr for Q4FY20

access_timeMay 08, 2020

New Delhi: Shree Cements Ltd’s consolidated net profit jumped 57 percent to Rs 536.65 crore for the fourth quarter of 2019-20 fiscal as against Rs 342...

Reliance Power Ltd’s consolidated net loss jumps 18% to Rs 4,206.38 cr fro Q4FY20

access_timeMay 08, 2020

New Delhi: Reliance Power Ltd’s consolidated net loss jumped 18 percent to Rs 4,206.38 crore for the fourth quarter of 2019-20 fiscal as compared to R...

Adani Gas Ltd’s consolidated net profit jumps 61% to Rs 121.41 cr in Q4FY20

access_timeMay 08, 2020

New Delhi: Adani Gas Ltd’s consolidated net profit jumped 61 percent to Rs 121.41 crore for fourth quarter of 2019-20 fiscal. It has clacked consolida...

Welspun Corp. Ltd to acquire highway toll project from Essel Grp

access_timeMay 08, 2020

New Delhi: Welspun Corp. Ltd will acquire a build-operate-transfer (BOT) highway toll project from the Essel Group.  The subsidiary Welspun Enterpris...

Have set a target of constructing highways worth Rs 15 lakh cr in 2 yrs: Govt

access_timeMay 07, 2020

New Delhi: The Ministry of Road Transport & Highways has set a target of constructing highways worth Rs 15 lakh crore in the coming two years. Road Tr...

Traffic on highways will drop 16.5%, toll collection to go down by 13% in current fiscal: CRISIL

access_timeMay 06, 2020

New Delhi: Traffic on the highways will go down by 16.5 percent in the current fiscal, taking the toll collection down by about 13 percent.  Due to t...

PHD Chamber appeals to Delhi government to withdraw hike in taxes on petroleum

access_timeMay 06, 2020

New Delhi: The PHD Chamber has appealed to Delhi government to withdraw the hike in taxes on petroleum and diesel. While expressing apprehension about...

Adani Ports & SEZ's net profit drops by a whopping 74%

access_timeMay 06, 2020

New Delhi: Adani Ports and Special Economic Zone Ltd’s consolidated net profit dropped by a whopping 74 percent to Rs 340.21 crore for the fourth quar...

Air India, Blue dart cargo, Spicejet Ferry 1,176 tones of medical cargo from Guangzhou, Shanghai, Hong Kong & Singapore amid corona pandemic

access_timeMay 02, 2020

New Delhi: A total of 1,176 tones of cargo has been brought into the country from many destinations in East Asia like Guangzhou, Shanghai, Hong Kong &...

Ambuja Cement's Net Profit Rises 7% in Q1FY20

access_timeApril 28, 2020

New Delhi: The consolidated net profit of Ambuja Cements Ltd increased by about 7 percent to Rs 742.59 crore for the first quarter (Jan-March) ended M...

Delhi may soon have Hydrogen Fuel Cell electric buses and cars

access_timeApril 27, 2020

New Delhi: Delhi may soon have Hydrogen Fuel Cell electric buses and cars. State-run NTPC has invited international Expression of Interest (EoI) for s...

IRB Infrastructure Developers plans to raise up to Rs 2,500 cr

access_timeApril 26, 2020

New Delhi: Mumbai-based IRB Infrastructure Developers Ltd plans to raise up to Rs 2,500 crore through debt securities and other instruments. The comp...

India Cements, JK Cement resume production

access_timeApril 26, 2020

New Delhi: Even amid the corone-led lockdown in the country, various cemnt makers have either started production or are planning to start production i...

This company acquires 6.3-8.3% stake in 3 Anil Ambani firms

access_timeApril 26, 2020

New Delhi: About 6.43 percent stake in Reliance Capital Ltd, 6.97 percent stake in Reliance Power Ltd and 8.21 percent stake in Reliance Infrastructur...

India has brought 348 tones of medical cargo from Shanghai, Seoul, Hong Kong due to corona pandemic

access_timeApril 24, 2020

New Delhi: India has brought 348 tones of medical cargo from China, South Korea and Hong Kong till now in the wake of the corona pandemic. The proces...

L&T Wins Orders Worth Rs 1,000-2,500 Cr from Dedicated Freight Corridor Corporation

access_timeApril 24, 2020

New Delhi: Railways Strategic Business division of infra player L&T Construction's Transportation Infrastructure IC, with Japanese consortium partner...

Tata Steel To raise Rs 510 cr through NCDs

access_timeApril 23, 2020

New Delhi: Tata Steel will raise Rs 510 crore though issuance of non-convertible debentures (NCDs). Company’s committee of directors has approved the...

L&T Bags orders worth Rs 1,000-2,500 cr in Goa, Trivandrum

access_timeApril 23, 2020

New Delhi: The Construction division of Larsen & Toubro (L&T) has bagged orders worth Rs 1,000-2,5000 crore for its Buildings & Factories Business in...

Border Roads Organisation constructs permanent bridge connecting Punjab’s Kasowal Enclave with rest of the country

access_timeApril 22, 2020

New Delhi: The Border Roads Organisation (BRO) has constructed a permanent bridge on Ravi river connecting Punjab’s Kasowal Enclave with the rest of t...

Road projects expected to get extension in construction spans: ICRA

access_timeApril 22, 2020

New Delhi: All the current road projects in the country are expected to get extension in construction spans for the lockdown period under force majeur...

ACC's Net Profit Drops 6% to Rs 323 Cr For Q4 Of FY20

access_timeApril 21, 2020

New Delhi: The consolidated net profit of cement maker ACC dropped 6 percent to Rs 323 crore for the fourth quarter of the 2019-20 financial year as c...

L&T Wins Orders Worth Rs 1,000-2,500 Cr In Telangana, UP, Other States

access_timeApril 21, 2020

New Delhi: The construction arm of L&T hasbagged orders worth Rs 1,000-2,500 crore for various businesses. The Metallurgy and Material Handling busine...

L&T Bags Orders Worth Rs 1,000-2,500 Cr In India, Abroad

access_timeApril 20, 2020

New Delhi: The Power Transmission & Distribution Business division of L&T Construction has secured orders in India and abroad worth Rs 1,000-2,500 cro...

L&T raises Rs 1,250 Cr Through NCDs

access_timeApril 20, 2020

New Delhi: Infrastructure player Larsen & Toubro (L&T) it has raised Rs 1,250 crore by way of issuing non-convertible debentures (NCDs). These NCDs w...

India Imports 261 Tones From Medical Equipment, Covid-19 Relief Materials From China, S Korea, Hongkong

access_timeApril 20, 2020

New Delhi: India has imported about 261 tones of pharmaceuticals, medical equipment and Covid-19 relief materials from various counties like China, So...

Cement Demand Expected To Tank Up To 25% In FY21: CRISIL

access_timeApril 19, 2020

New Delhi: The current corona virus pandemic and the lockdown will result I cement demand gong down by up to 25 percent in the current fiscal and the...

Demand For Steel May Go Down By Up To 25% In 2020: CRISIL

access_timeApril 18, 2020

New Delhi: The demand for steel in the country may go down by up to 25 percent in 2020 and for the first quarter of the ongoing fiscal (April-June), t...

L&T Bags Orders Worth Rs 1,000-2,500 Cr From A Clutch Of Domestic Clients

access_timeApril 17, 2020

New Delhi: The buildings and factories business division of Larsen & Toubro has secured orders worth Rs 1,000-2,500 crore from a clutch of domestic cl...

L&T Bags Order For RRTS Worth RS 1,000-2,500 Cr

access_timeApril 15, 2020

New Delhi: Heavy Civil Infrastructure Business division of Larsen & Toubro Construction has bagged two contracts worth a total of Rs 1,000-2,500 crore...

L&T Bags Rs 2,500-5,000 Cr Order In Karnataka

access_timeApril 13, 2020

New Delhi: The Water & Effluent Treatment Business division of  L&T Construction has bagged three orders worth Rs 2,500-5,000 crore from Karnataka Urb...

Air India Brings 21 Tones Of Medical Supplies From China, Pvt Airlines Ferry 3,267 Tones Of Cargo During Lockdown

access_timeApril 11, 2020

New Delhi: Private airlines have carried 3,267 tones of cargo till 9th April after the lockdown in the country. Spicejet flew 241 cargo flights coveri...

NHAI Issues Tenders for Rs 3,366 Cr Ahmedabad-Dholera Greenfield Alignment Project

access_timeApril 11, 2020

New Delhi: National Highways Authority of India (NHAI) has come out with tenders for various different packages under Ahmedabad-Dholera Greenfield Ali...

L&T To Borrow Up To Rs 9,000 Cr

access_timeApril 10, 2020

New Delhi: The board of infra player Larsen & Toubro (L&T) has had approved long-term borrowings of up to Rs 9,000 crore, the company said in a regula...

Demand For Cement Expected To Go Down By Half In Q1 of FY21: Ind-Ra

access_timeApril 10, 2020

New Delhi: Demand for cement is likely to go down by half in the first quarter of the current fiscal as compared to the same period of previous fiscal...

Reliance Infra Continues To Default On Repayment To Yes Bank, Other Lenders

access_timeApril 08, 2020

New Delhi: Anil Ambani led Reliance Infrastructures Ltd has defaulted in repayment to various lenders like Yes Bank, J&K Bank and SREI Equipment Finan...

Thomas Mathew T Retires As Independent Director Of L&T

access_timeApril 07, 2020

New Delhi: Thomas Mathew T, Independent Director-Larsen & Toubro, is no longer a Director in the company because of completion of his term of office....

L&T Bags Rs 2,500-5,000 CR Order From Indian Army For Unified Network Management System

access_timeApril 07, 2020

New Delhi: The Smart World & Communication Business division of Larsen & Toubro Construction has bagged an order worth Rs 2,500-5,000 crore from the I...

L&T Names New Head Of HR Dept

access_timeApril 03, 2020

New Delhi: Yogi Sriram, Senior Vice President, Corporate Human Resources and Member of the Executive Committee, Larsen & Toubro Ltd (L&T) has superann...

Amit Uplenchwar Resigns As CEO of HCC

access_timeApril 03, 2020

New Delhi: Amit Uplenchwar has put in his papers as the Chief Executive Officer post of infrastructure player HCC (E&C) with effect from 27 March, 202...

Many Cement, Paint Makers Shut Down Operations Temporarily

access_timeApril 02, 2020

New Delhi: Various cement and paint makers in the country have shut down their factories due to the corona virus lockdown.  Ambuja Cement has shut do...

Shree Cement, Berger Paints Shut Down Plants Amid Corona Outbreak

access_timeApril 01, 2020

New Delhi: Shree Cement has shut down its plants and offices across the country till at least April 14, 2020, the company said in regulatory filing....

Validity Of Driving License, Vehicle Registration Extended Till June 30 June

access_timeMarch 31, 2020

New Delhi: The validity of documents like driving licenses, permits and registration of vehicles that have expired since 1 February 2020 has been exte...

Corona Impact On Infra: Govt Not To Collect Toll At Highways

access_timeMarch 26, 2020

New Delhi: The government will not collect toll at highways till the lockdown amid corona virus outbreak ends. "In view of COVID-19, it has been orde...

Govt Okays Rs 1,285 Cr Aligarh-Harduaganj Flyover

access_timeMarch 25, 2020

New Delhi: The government has decided to construct Aligarh-Harduaganj flyover in Uttar Pradesh, the project cost of which will be Rs 1,285 crore. The...

Eight Running Road Projects Of Sadbhav Infra Taken Over By L&T Grp Investment Trust For Rs 6,300 Cr

access_timeMarch 20, 2020

New Delhi: Eight running road projects of Sadbhav Infrastructure have been taken over by IndInfravit, a Larsen & Toubro Group investment trust, for Rs...

Govt Collects Rs 2,500 Cr As Toll From Jaipur-Gurugram Highway

access_timeMarch 18, 2020

New Delhi: The Jaipur-Gurugram Highway has resulted in a windfall for the government. A total of Rs 2,500 crore was collected at toll by the governmen...

India Clocks 84 MT Of Finished Steel Consumption In 10 Months Of Current Fiscal

access_timeMarch 17, 2020

New Delhi: India clocked 83.90 million tones of finished steel consumption in the first 10 months of the ongoing fiscal 2019-20, which is 3.8 percent...

Only 1 Km of Highways Constructed So Far Under Char-Dham Connectivity Improvement Programme: Gadkari

access_timeMarch 17, 2020

New Delhi: Under the connectivity improvement programme for Char-Dham (Kedarnath, Badrinath, Yamunotri & Gangotri) in Uttarakhand, around 1.1 kilomete...

Only Rs 763 Cr Of Rs 2,067 Cr Allocated For Upkeep Of Highways For 2019-20 Spent So far

access_timeMarch 17, 2020

New Delhi: Only Rs 763 crore of the Rs 2,067 crore allocated for maintenance of national highways for the ongoing fiscal 2019-20 has been spent till D...

Govt Approves Up-gradation Of 780 Kms Of Roads Worth Rs 7,662 Cr

access_timeMarch 14, 2020

New Delhi: The government has approved up-gradation projects of 780 kilometers of roads worth Rs 7,662 crore. The work will be done under Green Nation...

PNC Infratech Wins Road Projects Worth Rs 3,582 Cr

access_timeMarch 12, 2020

New Delhi: PNC Infratech Ltd has won road projects worth Rs 3,582 crore in Uttar Pradesh from NHAI. The projects involves four-laning of the Aligarh-...

NBCC Ltd Won Orders Worth Rs 128 Cr In February

access_timeMarch 11, 2020

New Delhi: NBCC Ltd has won orders worth Rs 128.66 crore in February. "NBCC (India) Ltd has secured the total business of Rs 128.66 crore in the mont...

Adani Enterprises Ltd Bags Highway Project Worth Rs 1,546 Cr

access_timeMarch 11, 2020

New Delhi: Adani Enterprises Ltd has bagged a highway project worth Rs 1,546-crore project. The company will construct six-lane highway on NH-16 in An...

This Infra Player Gets Sold Out For Rs 1,655 Cr As Going Concern

access_timeMarch 05, 2020

New Delhi: In clear signs of distress for the infra sector in the country, Hyderabad-based IVRCL has been sold out for Rs 1,654.77 crore to Gabs Megac...

L&T Bags Rs 1,000-2,500 Cr Order In Sultanate Of Oman

access_timeMarch 04, 2020

New Delhi: Infrastructure player Larsen & Toubro (L&T) has won a significant order in Sultanate of Oman. The company did not specify the value of the...

Cement Makers Likely To Have Operating Profitability Of 20% Next Fiscal

access_timeMarch 04, 2020

New Delhi: Cement makers in the country are expected to register healthy operating profitability of 20 percent next financial year, according to a CRI...

This Large Infra Company Defaults In Repayment To Yes Bank, Others

access_timeMarch 04, 2020

New Delhi: In signs of further distress and bad news for the sector, Anil Ambani-led Reliance Infrastructure Ltd has defaulted in repaying to a clutch...

NBCC Bags Rs 65 Cr Order From BHEL

access_timeMarch 03, 2020

New Delhi: NBCC Ltd has won an order worth Rs 64.83 crore from Bharat Heavy Electrical Limited (BHEL) on EPC (engineering, procurement and constructio...

IRB Infrastructure To Pay Rs 8,262 Cr For Toll Collection On Mumbai-Pune Expressway For 10 Yrs

access_timeFebruary 26, 2020

New Delhi: IRB Infrastructure has won the operation and toll collection contract for Mumbai-Pune expressway for another 10 years and the company will...

Delhi-Dehradun Expressway Gets Green Signal

access_timeFebruary 24, 2020

New Delhi: The Delhi-Dehradun expressway has been given a go-ahead by the central government which will significantly cut down the travel time between...

Neeraj Akhoury Resigns As MD&CEO Of ACC Ltd

access_timeFebruary 21, 2020

New Delhi: Neeraj Akhoury has resigned as Managing Director & Chief Executive Officer (MD&CEO) of ACC Ltd with effect from 20 February. However, Akhou...

IRB Infrastructure Developers Ltd’s Profit After Tax Drops 27% For Q3FY20

access_timeFebruary 15, 2020

New Delhi: IRB Infrastructure Developers Ltd’s consolidated profit after tax dropped 27 percent to Rs 159.73 crore for the third quarter of the curren...

Reliance Infrastructure’s Net Profit Rises 18% For Q3FY20

access_timeFebruary 15, 2020

New Delhi: Reliance Infrastructure’s consolidated net profit has gone up by 18 percent to Rs 345.51 crore for the third quarter of the current fiscal...

Shree Cement Ltd’s Net Profit Drops To Rs 312 Cr For Q3FY20

access_timeFebruary 15, 2020

New Delhi: Shree Cement Ltd’s consolidated net profit dropped to Rs 311.83 crore for the third quarter of the current fiscal as compared to Rs 329.83...

FASTags Will Be Given From 15-29 Feb By NHAI

access_timeFebruary 12, 2020

New Delhi: FASTags will be available free again for about 15 days from 15-29 February at the NAHI’s toll plazas across the country. The NHAI has take...

Noida Toll Bridge Co. Ltd’s Net Loss Widens To Rs 7.22 Cr For Q3FY20

access_timeFebruary 11, 2020

New Delhi: Noida Toll Bridge Co. Ltd’s consolidated net loss widened to Rs 7.22 crore for the third quarter of the current fiscal as compared to Rs 6....

Orient Refractories Ltd’s Net Profit At Rs 19.76 Cr For Q3FY20

access_timeFebruary 11, 2020

New Delhi: Orient Refractories Ltd’s consolidated net profit went down marginally to Rs 19.76 crore for the third quarter of the current fiscal as com...

Greenply Industries Ltd’s Net Profit At Rs 21 Cr For Q3FY20

access_timeFebruary 11, 2020

New Delhi: Greenply Industries Ltd’s consolidated net profit improved marginally to Rs 21.32 crore for the third quarter of the current fiscal as comp...

Ongoing Infra Projects In Mumbai Will Unlock Development Potential Of 136 MSF: Knight Frank

access_timeFebruary 11, 2020

New Delhi: The undergoing infrastructure projects in Mumbai will unlock development potential of 136 million square feet, according to property consul...

Kajaria Ceramics Ltd’s Net Profit Drops 5% In Q3FY20

access_timeFebruary 11, 2020

New Delhi: Kajaria Ceramics Ltd’s consolidated net profit dropped 5 percent to Rs Rs 61.54 crore for the third quarter of the current fiscal as compar...

L&T Bags 'Large' Orders In Philippines, Middle East Apart From Gujarta And UP

access_timeFebruary 10, 2020

New Delhi: Infrastructure player Larsen & Toubro has won ‘large’ orders from domestic and global clients. The order has been bagged by the power tran...

Somany Ceramics Ltd’s Net Profit Jumps 20% For Q3FY20

access_timeFebruary 10, 2020

New Delhi: Somany Ceramics Ltd’s consolidated net profit jumped about 20 percent at Rs 12.52 crore for the third quarter of the current fiscal as comp...

Capacite Infraprojects Ltd’s Net Profit At 23 Cr For Q3FY20

access_timeFebruary 10, 2020

New Delhi: Capacite Infraprojects Ltd’s consolidated net profit remained almost flat at Rs 23.38 crore for the third quarter of the current fiscal as...

J K Cement’s Net Profit Jumps More Than Two-fold To Rs 138 Cr For Q3FY20

access_timeFebruary 09, 2020

New Delhi: J K Cement’s net profit jumped more than two-fold to Rs 137.5 crore for the third quarter of the ongoing fiscal as compared to Rs 60.90 cro...

India Cements Ltd’s Net Loss Widens To Rs 8.79 Cr For Q3FY20

access_timeFebruary 08, 2020

New Delhi: India Cements Ltd’s consolidated net loss increased to Rs 8.79 crore for the third quarter of the ongoing fiscal as compared to Rs 4.32 cro...

L&T Inks pact With ideaForge For Drones For Defense Use

access_timeFebruary 08, 2020

New Delhi: Larsen & Toubro (L&T) has joined hands with drone maker ideaForge to supply drones and the allied systems for defence use.   ideaForge is...

Tata Steel Registers Net Loss Of Rs 1,229 Cr For Q3FY20

access_timeFebruary 08, 2020

New Delhi: Tata Steel registered a consolidated net loss of Rs 1,228.53 crore for the third quarter of the current fiscal. It has clocked a net profit...

ACC Ltd's Net Profit Rises 18% For Q4FY20

access_timeFebruary 07, 2020

New Delhi: ACC Ltd today reported 18 percent rise in consolidated net profit at Rs 273 crore for the fourth quarter ended 31 December 2019 as compared...

Nirma Grp To Acquire Emami Cement For Rs 5,500 Cr

access_timeFebruary 06, 2020

New Delhi: Nirma Group today said it will acquire Emami Cement Ltd (ECL) for a total enterprise value of Rs 5,500 crore. ECL has one integrated cemen...

Govt Approves Setting Up Of Major Port In Maharashtra

access_timeFebruary 05, 2020

New Delhi: Government today decided to set up a major port at Vadhavan near Dahanu in Maharashtra which is expected to cost Rs 65,544 crore. The Unio...

Berger Paints Net Profit Rises 37% In Net Profit For Q3FY20

access_timeFebruary 05, 2020

New Delhi: Berger Paints India today reported a 37 percent in its consolidated net profit to Rs 181.85 crore for the third quarter of the current fisc...

Cera Sanitaryware Ltd’s Net Profit At Rs 28 Cr For Q3FY20

access_timeFebruary 05, 2020

New Delhi: Cera Sanitaryware Ltd’s consolidated net profit increased marginally to Rs 28.29 crore for the third quarter of the current fiscal as compa...

L&T Bags Large Contract In UAE

access_timeFebruary 04, 2020

New Delhi: Infrastructure player Larsen & Toubro (L&T) has won a ‘large’ contract from Etihad Rail Company PJSC. The contract involves designing and b...

NBCC Ltd To Hold Board Meeting On 12th Feb

access_timeFebruary 04, 2020

New Delhi: NBCC Ltd will hold its Board Meeting on 12th February to approve the results of December quarter, the company said in a regulatory filing 

Anil Ambani's Sons Resign From Reliance Infra

access_timeFebruary 03, 2020

New Delhi: Barely months after Reliance Infrastructure inducted Anil Ambani's sons- Anmol and Anshul into the board of directors, the two have have re...

HSIL’s Net Profit Drops 38% For Q3FY20

access_timeFebruary 03, 2020

New Delhi: Sanitary ware maker HSIL’s net profit dropped 38 percent to Rs 15.70 crore in the third quarter of the current fiscal as compared to Rs 25....

Century Plyboards’s Net Profit Nosedives 99% For Q3FY20

access_timeFebruary 03, 2020

New Delhi: Century Plyboards Ltd’s consolidated net profit nosedived 99 percent to Rs 0.37 crore in the third quarter of the current fiscal as compare...

Somany Ceramics To Hold Board Meeting On 10th February

access_timeFebruary 03, 2020

New Delhi: Somany Ceramics Ltd will hold its Board Meeting on 10th February to approve the results of December quarter, the company said in a regulato...

Kajaria Ceramics To Hold Board Meeting On 10th February

access_timeFebruary 03, 2020

New Delhi: Kajaria Ceramics Ltd will hold its Board Meeting on 10th February to approve the results of December quarter, the company said in a regulat...

Oberoi Realty To Hold Board Meeting On 7th February

access_timeFebruary 03, 2020

New Delhi: Oberoi Realty will hold its Board Meeting on 7th February to approve the results of December quarter, the company said in a regulatory fili...

Kamdhenu Suffers Net Loss Of Rs 13 Cr In Q3FY20

access_timeFebruary 02, 2020

New Delhi: TMT bars maker Kamdhenu’s net loss of Rs 13.03 crore in the third quarter of the current fiscal where as it had registered a net profit of...

Govt To Start Chennai-Bengaluru Expressway Soon

access_timeFebruary 01, 2020

New Delhi: Construction of Chennai-Bengaluru Expressway will be started by the government soon, said Finance Minister Nirmala Sitharaman today. As par...

FM Announces 100 New Airports, Monetization OF 12 Highway Bundles, Listing Of One Port & 5 New Smart Cities

access_timeFebruary 01, 2020

New Delhi: Government will focus on ‘Accelerated Development of Highways’ and start Chennai-Bengaluru expressway soon. It also intends to start 100 ne...

Simplex Projects Ltd’s Net Profit Increases To Rs 1.30 Cr For Q3FY20

access_timeJanuary 31, 2020

New Delhi: Simplex Projects Ltd’s consolidated net profit increased to Rs 1.30 crore for the third quarter of the current fiscal as against Rs 1.13 cr...

Archidply Industries Ltd's Net Profit Jumps 10% For Q3FY20

access_timeJanuary 31, 2020

New Delhi: Archidply Industries Ltd today reported a 10 percent jump in net  profit at Rs 1.90 crore for the third quarter of the current fiscal as co...

Orient Bells Ltd’s Net Profit Drops 68% For Q3FY20

access_timeJanuary 30, 2020

New Delhi: Tile maker Orient Bells Ltd’s consolidated net profit shrunk 68 percent to Rs 0.44 crore for the third quarter of the current fiscal as com...

Govt To Come Out With A New Transport Policy

access_timeJanuary 30, 2020

New Delhi: The government will introduce a new transport policy, Minister for Road Transport & Highways and MSMEs Nitin Gadkari said today. While spe...

L&T Bags Rs 2,500-5,000 Cr Order In Madhya Pradesh

access_timeJanuary 30, 2020

New Delhi: Infrastructure player Larsen & Toubro (L&T) has won a "large" contract from Narmada Valley Development Authority for executing a micro-irri...

Birla Corporation’s Net Profit Jumps Three-fold For Q3FY20

access_timeJanuary 30, 2020

New Delhi: Cement products maker Birla Corporation’s consolidated net profit jumped three-fold at Rs 81.49 crore for the third quarter of the ongoing...

Orient Cement’s Net Loss At Rs 5.67 Cr For Q3FY20

access_timeJanuary 30, 2020

New Delhi: Orient Cement’s net loss went down to Rs 5.67 crore for the third quarter of the current fiscal as compared to Rs 13.70 crore in the corres...

Govt Plans 2,000 Fuel Stations On Delhi Mumbai Expressway

access_timeJanuary 29, 2020

New Delhi: The government is planning to give land for 2,000 fuel stations on the Delhi-Mumbai expressway. While speaking on in an event organized by...

JK Lakshmi Cement's Net Profit More Than Trebles For Q3FY20

access_timeJanuary 28, 2020

New Delhi: JK Lakshmi Cement’s net profit jumped more than three times at Rs 49.31 crore for the third quarter of the current fiscal as compared to Rs...

JSW Steel's Net Profit Nosedives 88% For Q3FY20

access_timeJanuary 24, 2020

New Delhi: The consolidated net profit of JSW Steel nosedived by a whopping 88 percent at Rs 187 crore for the third quarter of the current fiscal as...

Ministry Of Road Transport Launches Portal For Concessionaires

access_timeJanuary 24, 2020

New Delhi: Ministry of Road Transport and Highways has started Web Portal ‘GATI’ to help answer the queries of the concessionaires of the highways pro...

3rd Apex Conference of the Smart Cities To Be Held On 24-25 Jan

access_timeJanuary 22, 2020

New Delhi: In an attempt to give some push to the Smart Cities programme of the government, the 3rd Apex Conference of the Smart Cities will be held o...

Asian Paints’ Net Profit Jumps 20% For Q3FY20

access_timeJanuary 22, 2020

New Delhi: Asian Paints’ consolidated net profit jumped 20 percent at Rs 764.43 crore for the third quarter of the current fiscal as against Rs 635.83...

L&T's Net Profit Jumps 15.2% For Q3FY20

access_timeJanuary 22, 2020

New Delhi: Infrastructure player Larsen & Toubro (L&T) has registered a 15.2 percent jump in net profit at Rs 2,352 crore for the third quarter of the...

NBCC Bags Rs 720 Cr Order From Central Coalfield Ltd

access_timeJanuary 21, 2020

New Delhi: State run NBCC India Ltd has bagged an order worth Rs 720 crore from Central Coalfield Limited (CCL) . NBCC will provide a Project Managem...

Havells India’s Net Profit Increases 2.81% For Q3FY20

access_timeJanuary 21, 2020

New Delhi: Havells India’s consolidated net profit increased 2.81 percent at Rs 201.22 crore for the third quarter of the ongoing fiscal as compared t...

CCI Approves Subscription Of Units Of Tower Infrastructure Trust By A Host Of Companies

access_timeJanuary 20, 2020

New Delhi: The Competition Commission of India (CCI) has approved the subscription of units of Tower Infrastructure Trust (‘InvIT’) by BIF IV Jarvis I...

Jindal Steel & Power Ltd's Consolidated Net Loss More Than Doubles

access_timeJanuary 18, 2020

New Delhi: Jindal Steel and Power Ltd (JSPL) consolidated net loss more than doubled at Rs 219 crore for the third quarter of the ongoing fiscal again...

Contract Awarded For Z-Morh Tunnel In J&K

access_timeJanuary 17, 2020

New Delhi: A concession agreement has been signed today for construction of 6.5 kilometer Z-Morh tunnel in Jammu & Kashmir. The project has been award...

NHAI Plans To Invest Rs 3.1 lakh Cr To Construct 22 New Expressways To Decongest Metros

access_timeJanuary 16, 2020

New Delhi: The National Highways Authority of India (NHAI) plans to invest Rs 3.1 lakh crore to construct 22  new (Greenfield) expressways with a view...

Get Info On Balance In Your FASTag Through Missed Call

access_timeJanuary 16, 2020

New Delhi: Do have a FASTag but do not know the balance left in the account? Now you can get information about balance through a missed call.  FASTag...

CCI Orders Probe Against Asian Paints On Plaint By JSW Paints

access_timeJanuary 16, 2020

New Delhi: A probe has been ordered against Asian Paints by the Competition Commission of India (CCI) to see whether the company had hindered the oper...

L&T Bags Order Worth Rs 2,500-5,000 Cr From Various Indian States

access_timeJanuary 15, 2020

New Delhi: Larsen & Toubro’s construction arm has won ‘large’ contracts worth between Rs 2,500-5,000 crore from various Indian states for different bu...

FATSag Rules Relaxed On 65 Toll Plazas

access_timeJanuary 15, 2020

New Delhi: Rules regarding payment of toll on national highways have been relaxed on 65 plazes in the country for 30 days beginning today. These 65 p...

Union Bank, Bank of Baroda Reduce Lending Rates

access_timeJanuary 11, 2020

New Delhi: Union Bank of India and Bank of Baroda have slashed marginal cost of funds based lending rate (MCLR) by 5-10 basis points. Union Bank has l...

Govt's Award Work For Construction Of National Highways Slowing

access_timeJanuary 02, 2020

New Delhi: Government’s award work for construction of national highways is slowing with just 5,493 kilometers awarded in 2018-19 fiscal. About 3,211...

30 lakh Homes Constructed In 2019-20 Under PMAY-U

access_timeDecember 30, 2019

New Delhi: Around 30 lakh houses have been constructed in 2019-20 fiscal so far by the government under the Pradhan Mantri Awas Yojna-Urban (PMAY-U)....

Vascon Engineers’s JV Firm Sells Pune Land For Rs 170 Cr

access_timeDecember 26, 2019

New Delhi: Infrastructure player Vascon Engineers’s joint venture company has sold an 8 acre land piece to Singapore-based real estate firm Mapletreee...

ICRA Assigns Stable Outlook For Construction Sector

access_timeDecember 24, 2019

New Delhi: Ratings agency ICRA has accorded stable outlook for the construction sector in the country in its year-end assessment of the sector. The c...

Hiranandani Group, Blackstone To Invest Rs 2,500 Cr For Logistics, Warehousing

access_timeDecember 24, 2019

New Delhi: Realty player Hiranandani Group’s subsidiary GreenBase has formed a 50:50 joint venture with Blackstone Investments Group for development o...

L&T Technology Services Bags Multi Million Dollar Order In Germany

access_timeDecember 23, 2019

New Delhi: L&T Technology Services it has received a multi million dollar engineering, procurement and construction management project in Germany. "L...

IPO Of Prince Pipes and Fittings Subscribed 74% On Day 2

access_timeDecember 19, 2019

New Delhi: The initial public offering (IPO) of Prince Pipes and Fittings has been subscribed to the extent of 74 percent on the second day of bidding...

IPO Of Prince Pipes and Fittings Subscribed 28% On Day 1

access_timeDecember 18, 2019

New Delhi: The initial public offering (IPO) of Prince Pipes and Fittings has been subscribed to the extent of 28 percent on its first day of bidding...

MKS Ventures To Invest Rs 400 Cr To Develop A Socio Cultural Centre In Delhi

access_timeDecember 16, 2019

New Delhi: Realty player MKS Ventures will invest Rs 400 crore in the next 3.5 years for a Socio Cultural Centre in Delhi in association with Delhi De...

Air Taxi Market To Grow 46% CAGR Between 2022-2040: Frost & Sullivan

access_timeDecember 14, 2019

New Delhi: The air taxi market is expected to grow at a rapid pace registering an annual growth of 45.9 percent between 2022 and 2040. The market is e...

L&T Bags Order Worth Rs 1,000-2,500 Cr From Rail Vikas Nigam Ltd

access_timeDecember 13, 2019

New Delhi: Infrastructure major Larsen & Toubro (L&T) has bagged an order worth Rs 1,000-2,500 crore from Rail Vikas Nigam Limited (RVNL). The order...

NHAI Auhtorised To Set Up InvIT

access_timeDecember 11, 2019

New Delhi: The government has approved the proposal of Ministry of Road Transport and Highways to let National Highways Authority of India (NHAI) set...

Additional Equity Support To IIFCL Now

access_timeDecember 11, 2019

New Delhi: The government has approved proposal for giving additional equity support to India Infrastructure Finance Company Ltd (IIFCL) to the extent...

Govt Invites Bids For 4 Airports in Andaman, Lakshadweep

access_timeDecember 09, 2019

New Delhi: The government has invited bids for 3 unserved airports in Andmanan and Nicobar islands and one underserved airport in Lakshadweep under th...

NBCC Bags Rs 621 Cr Order For Construction Of Rajaswa Bhawan

access_timeDecember 09, 2019

New Delhi: State-run NBCC (India) Ltd has bagged an order worth Rs 621 crore Ministry of Finance. The company has received order for construction for...

Govt Invites Bids For 30 Airports In North East

access_timeDecember 06, 2019

New Delhi: The government has invited bids for development of six underserved and another 24 unserved airports or airstrips in the North-East states o...

101.29 MT Steel Produced In 2018-19

access_timeDecember 04, 2019

New Delhi: The total steel production in the country during 2018-19 fiscal was 101.29 million tonnes while the consumption was 98.71 million tonnes....

Asian Development Bank Gives USD 206 Mn Loan For Tamil Nadu Cities

access_timeDecember 03, 2019

New Delhi: Asian Development Bank (ADB) has given a USD 206 million loan to India for the development of sewerage and water supply infrastructure in 5...

Govt Postpones Plan To Make FASTag Compulsory To 15 Dec

access_timeNovember 30, 2019

New Delhi: Government has postponed the compulsory implementation of FASTags on toll plazas of National Highway from 1st December to 15th December. I...

Cabinet Committee on Economic Affairs Approves Increase In Authorized Capital Of FCI

access_timeNovember 27, 2019

New Delhi: The Cabinet Committee on Economic Affairs has approved the increase of the authorized capital of Food Corporation of India (FCI) from the c...

Govt Gives AAI's Land For Lounge At Tirupati Airport For VIPs

access_timeNovember 27, 2019

New Delhi: For construction of a Ceremonial Lounge at Tirupati Airport, the Union Cabinet today approved allotment of 1,800 sq mtr of Airports Authori...

Ashoka Concessions Ltd Bags Rs 1,000 Cr Road Project

access_timeNovember 24, 2019

New Delhi: Infra player Ashoka Buildcon’s subsidiary Ashoka Concessions Ltd (ACL) has bagged Rs 1,000 crore order from NHAI to build a highway in Tela...

Govt Collected Rs 2.69 Lakh Cr As Cess Under Central Road and Infrastructure Fund In 3 Yrs

access_timeNovember 22, 2019

New Delhi: Government has collected Rs 2.69 lakh crore as cess under Central Road and Infrastructure Fund (CRIF) and Central Road Fund (CRF) in the la...

Almost All Lanes Of Toll Plazes Across The Country To Become ‘FASTag Lanes’ From December 1, NHAI To Distribute Free Fastags

access_timeNovember 22, 2019

New Delhi: With a view to decongest toll plazas on highways across the country, the government is planning to declare all lanes of National Highway fe...

Govt To Focus On Hybrid Annuity Model For Road Construction; Rs 10K Cr Worth Of Highways Projects Approved In Current Fiscal

access_timeNovember 22, 2019

New Delhi: To “revive” private sector participation in the road construction sector, government will now be laying special emphasis on hybrid annuity...

Bengaluru-Mysore Economic Corridor Costing Rs 7,400 Cr To Be Completed By Feb 2021

access_timeNovember 21, 2019

New Delhi: The Rs 7,400 crore project of constructing “Economic Corridor” between Bengaluru and Mysore will be completed by February 2021, the Ministr...

NBCC Bags Order Worth Rs 500 Cr For National Museum of Natural History

access_timeNovember 19, 2019

New Delhi: NBCC (India) Ltd has bagged the Ministry of Environment, Forest and Climate order worth Rs 500 crore for providing Principle Project Consul...

Significant Jump In Hybrid Annuity Model Of Road Construction: CRISIL

access_timeNovember 19, 2019

New Delhi: Hybrid annuity model (HAM) of accounted for 25 percent of the completed road construction  projects and about half of those awarded in fina...

NBCC Sings MoU With Andhra Govt

access_timeNovember 18, 2019

New Delhi: State run NBCC India Ltd has inked an MoU with the government of Andhra Pradesh under which it will assist the state government in monetiza...

Sadbhav Engineering Ltd's Net Profit Down 33% For Q2FY20

access_timeNovember 15, 2019

New Delhi: Sadbhav Engineering’s net profit dropped 33 percent at Rs 25.85 crore for the second quarter of the current fiscal as against Rs 38.29 cror...

UltraTech Cement To Sell Entire Stake in Bangladesh-based Subsidiaries

access_timeNovember 13, 2019

New Delhi: UltraTech Cement Ltd is selling its entire stake in Bangladesh-based Emirates Cement Bangladesh Ltd (ECBL) and Emirates Power Company Ltd (...

India Cements Net Profit At Rs 5.07 Cr For Q2FY20

access_timeNovember 11, 2019

New Delhi: India Cements consolidated net profit for the second quarter of the current fiscal stood at Rs 5.07 crore as compared a net loss of Rs 5.03...

Century Plyboards's Net Profit More Than Doubles At Rs 48.72 For Q2FY20

access_timeNovember 08, 2019

New Delhi: Century Plyboards India Ltd’s consolidated net profit more than doubled to Rs 48.72 crore for the second quarter of the current financial y...

Greenply Industries Ltd's Net Profit Grows 50% For Q2FY20

access_timeNovember 08, 2019

New Delhi: Greenply Industries Ltd’s consolidated net profit jumped 50 percent to Rs 26.41 crore for the second quarter of the current financial year...

Akzo Nobel India's Net Profit Jumps 34% For Q2FY20

access_timeNovember 08, 2019

New Delhi: Paint manufacturer Akzo Nobel India’s net profit jumped 34 percent for the second quarter of the current at Rs 49.26 crore as compared to R...

Somany Ceramics's Net Profit Jumps 61% At Rs 8.84 Cr in Q2FY20

access_timeNovember 06, 2019

New Delhi: Somany Ceramics’s net profit jumped 61 percent at Rs 8.84 core in the second quarter of the current financial year 2019-20 as against Rs 5....

Revenue Growth Of Road Construction Companies Likely To Drop By Half: CRISIL

access_timeNovember 06, 2019

New Delhi: Road making companies in the EPC (engineering, procurement and construction) business may see their revenue growth go down to almost half i...

JK Lakshmi Cement's Net Profit At Rs 50 Cr for Q2FY20

access_timeNovember 01, 2019

New Delhi: The net profit of Delhi-based JK Lakshmi Cement stood at Rs 49.72 crore in the second quarter of current fiscal 2019-20 as against a loss o...

India Ratings Maintains Stable Outlook For Construction Companies

access_timeOctober 31, 2019

New Delhi: A majority of the construction companies in the country are expected to have healthy revenue growth because of which India Ratings and Rese...

Sukhbir Singh Sandhu Appointed New Chairman OF NHAI

access_timeOctober 24, 2019

New Delhi: The Appointments Committee of the Cabinet has appointed Sukhbir Singh Sandhu as the new Chairman of the National Highway Authority of India...

L&T Net Profit Up 13 % At Rs 2,527 Cr For Q2FY20

access_timeOctober 24, 2019

New Delhi: Engineering and infrastructure major Larsen & Toubro (L&T) has reported 13 percent increase in its consolidated net profit at Rs 2,527 cror...

UltraTech Cement To Invest Rs 940 Cr To Increase Production

access_timeOctober 22, 2019

New Delhi:  UltraTech Cement Ltd is planning to invest Rs 940 crore to augment its production of superior grade cement in order to strengthen its posi...

Orient Cement Net Loss At Rs 7.70 Cr For Q2FY20

access_timeOctober 22, 2019

New Delhi: The net loss of Orient Cement stood at Rs Rs 7.70 crore for the second quarter of the current fiscal as compared to a net loss of Rs 16.74...

Prestige To Invest Rs 355 Cr To Form JV With D B Grp For Delhi Project

access_timeOctober 02, 2019

New Delhi: Realty player Prestige Estates Projects Ltd is forming a joint venture (JV) with D B Group by investing Rs 355 crore  for constructing a Ho...

Cement Prices Increase By 2.7%: ICRA

access_timeSeptember 30, 2019

New Delhi: Domestic cement prices increased mere 2.7 percent in the first four months of the current fiscal as compared to a hefty 15 percent jump in...

NBCC Bags Order Worth Rs 400 Cr From Ministry of Youth Affairs & Sports

access_timeSeptember 30, 2019

New Delhi: State-run company NBCC Ltd has bagged an order worth Rs 400 crore from Ministry of Youth Affairs & Sports for providing consultancy service...

EBITDA Of Steel Companies Shrink Sharply In Q1FY20: CRISIL

access_timeSeptember 25, 2019

New Delhi: Steel prices have come down about 10 percent in the country From Rs 42,000 per tonne to Rs 38,000 per tonne in the eight month period from...

Govt To Come Up With National Logistics Policy Soon To Reign In Transportation Costs For Industry: Piyush Goyal

access_timeSeptember 17, 2019

New Delhi: With an aim to reign in trade costs and bring the logistics cost to under 10 percent for businesses in the country, the government is plann...

About 41% Indians To Live In Urban Centres By 2030: CBRE-CII

access_timeSeptember 17, 2019

New Delhi: There will be a significant increase in India’s urban population which will touch about 60 crore by 2030 representing around 41 percent of...

NBCC Bags Rs 390 Cr Order From Utkal University

access_timeSeptember 16, 2019

New Delhi: Pubic sector undertaking NBCC (India) Ltd has bagged an order worth Rs 390 crore from Utkal University, Bhubaneswar for construction of var...

J Kumar Infraprojects bags Rs 1,998 Cr Order For Mumbai Metro Rail Project

access_timeSeptember 13, 2019

New Delhi: Mumbai-based J Kumar Infraprojects has bagged Rs 1,998 crore Mumbai Metro Rail Project which entails a number of different works like desig...

Hiranandani Group To Set-up Wind Turbine Park and Warehousing Space For Vestas India

access_timeSeptember 12, 2019

New Delhi: Hiranandani Group company GreenBase will set up a Wind Turbine Park and Warehousing space for wind turbine manufacturing multinational firm...

NBCC Bags Project Management Consultancy Work Worth Rs 421 Cr

access_timeSeptember 09, 2019

New Delhi: Public Sector Undertaking NBCC (India) Ltd has bagged Project Management Consultancy work worth Rs 421 crore from Indian Institute of Manag...

Govt Sets Up Task Force To Identify Infra Projects For Its Rs 100 Lakh Cr Plan For The Sector

access_timeSeptember 07, 2019

New Delhi: The government today announced setting up of task force that will identify infrastructure projects that can be started in the current fisca...

Capacit'e Infraprojects Ltd Bags Order Worth Rs 4,502 Cr

access_timeSeptember 06, 2019

New Delhi: Construction company Capacit'e Infraprojects Ltd has bagged an order worth Rs 4,502 crore from City & Industrial Development Corporation of...

NHAI Likely To Set Up INvIT By Year End

access_timeSeptember 05, 2019

New Delhi: The National Highways Authority of India (NHAI) is expected to set up an Infrastructure Investment Trust towards the end of the current yea...

Cement Demand Growth To Halve, Profit Margin To Hit 6-Year High In FY20: CRISIL

access_timeSeptember 05, 2019

New Delhi: The growth in cement demand is likely to be just 5-5.5 percent this fiscal, sharply down from 12 percent in fiscal 2019 but the profit marg...

Ceramic Tiles Industry To Log In Double Growth Rate: CRISIL

access_timeAugust 28, 2019

New Delhi: The ceramic tiles industry will double its growth rate at 8 percent in the current and next financials years due to increased domestic and...

B L Kashyap Bags Orders Of Rs 461 Cr

access_timeAugust 27, 2019

New Delhi: Construction and engineering firm B L Kashyap & Sons Ltd has bagged orders worth Rs 460.53 crore in Bengaluru and Trivandrum. These project...

Shree Cement Ltd's Net Profit Jumps To Rs 382 Cr For Q1FY20

access_timeAugust 16, 2019

New Delhi: Shree Cement Ltd’s consolidated net profit increased to Rs 382.28 crore for the first quarter ended June as against Rs 279.36 crore in the...

Greenply Industries Ltd's Net Profit Zooms 3 Fold To Rs 22 Cr For Q1FY20

access_timeAugust 15, 2019

New Delhi: Greenply Industries Ltd’s consolidated net profit trebled to Rs 21.7 crore for the first quarter ended June 2019 as compared to Rs 6.76 cro...

Sadbhav Engineering Ltd's AGM on 25 September

access_timeAugust 15, 2019

New Delhi: Sadbhav Engineering Ltd wil hold its Annual General Meeting on 25th September, accroding to a regulatory filing. 

Sadbhav Engineering Ltd's Net Profit Down At Rs 39 Cr For Q1FY20

access_timeAugust 15, 2019

New Delhi: Sadbhav Engineering Ltd’s net profit went to Rs 39.46 crore for the first quarter ended June 2019 as compared to Rs 63.41 crore in the corr...

The India Cements Ltd Reappoints Independent Director

access_timeAugust 15, 2019

New Delhi: The India Cements Ltd has reappointed V Ranganathan as a non-executive independent director for a second and final term of two years from 2...

The India Cements Ltd's Net Profit Jumps More Than 10 Times At Rs 69 Cr For Q1FY20

access_timeAugust 15, 2019

New Delhi: The India Cements Ltd’s consolidated net profitjumped more than 10 times at Rs 68.98 crore for the first quarter ended June 2019 as compare...

JK Lakshmi Cement's Net Profit Jumps More Than 15 Times At Rs 54 Cr for Q1FY20

access_timeAugust 15, 2019

New Delhi: JK Lakshmi Cement Ltd’s consolidated net profit jumped more than 15 times at Rs 53.75 crore for the first quarter ended June 2019 as compar...

Uniply Decor Ltd's MD Resigns

access_timeAugust 15, 2019

New Delhi: The Managing Direcor of Uniply Decor Ltd Srinivasan Sethuraman has resigned with effect from 14th August. The company has appointed Nazeer...

Uniply Decor Ltd's Net Profit Drops To Rs 0.91 Cr For Q1FY20

access_timeAugust 15, 2019

New Delhi: Uniply Décor Ltd’s net profit fell to Rs 0.91crore for the first quarter ended June 2019 as compared to Rs 3.02 crore in the corresponding...

Archidply's Net Profit Drops To Rs 0.41 Cr For Q1FY20

access_timeAugust 15, 2019

New Delhi: Archidply Industries Ltd’s net profit dropped to Rs 0.41 crore for the first quarter ended June 2019 as compared to Rs 1.31 crore in the sa...

GMR Infrastructure's Net Loss Widens To Rs 335 Cr For Q1FY20

access_timeAugust 14, 2019

New Delhi: GMR Infrastructure’s consolidated net loss widened to Rs 334.85 crore for the first quarter ended June 2019 as compared to Rs 237.63 crore...

L&T Proposes Issuance Of NCDs of Rs 1,400 Cr

access_timeAugust 14, 2019

New Delhi: Infrastructure major Larsen & Toubro proposes to issue rated, listed, unsecured, redeemable non-convertible debentures totaling up to Rs 14...

Ahluwalia Contracts Ltd Gets Orders Worth Rs 430 Cr In Q1FY20

access_timeAugust 14, 2019

New Delhi: Ahluwalia Contracts (India) Ltd has secured order to the tune of Rs 430 crore in the first quarter of the current financial year, according...

Reliance Infrastructure's Net Profit Jumps 20 % At Rs 299 Cr For Q1FY20

access_timeAugust 13, 2019

New Delhi: Reliance Infrastructure’s consolidated net profit jumped 20 percent at Rs 299.15 crore for the first quarter ended June 2019 as compared to...

HIL Ltd Net Profit Down 22% At Rs 40.63 Cr for June 2019 Quarter

access_timeAugust 13, 2019

New Delhi: Building and construction material maker HIL Ltd’s consolidated net profit went down declined 22 percent to Rs 40.63 crore in the quarter e...

Shalimar Paints Narrows Net Loss At Rs 5.35 Cr For Q1FY20

access_timeAugust 13, 2019

New Delhi: Shalimar Paints has narrowed its consolidated net loss at Rs 5.35 crore for the first quarter ended June 2019 as compared to net loss of Rs...

Piramal Capital & Housing Finance Plans Expansion In New Cities

access_timeAugust 13, 2019

New Delhi: Amid reports of credit squeeze by NBFCs, Piramal Capital & Housing Finance Limited (PCHFL) is planning expansion and plans begin operations...

Jindal Saw Net Profit At Rs 109 Cr For Q1FY20

access_timeAugust 12, 2019

New Delhi: Jindal Saw reported a consolidated net profit of Rs 109.44 crore in the first quarter ended June 2019 of the current financial year as comp...

PE Investment In Indian Hospitality Real Estate More Than Trebles: Cushman & Wakefield

access_timeAugust 09, 2019

New Delhi: Private Equity (PE) investment in hospitality segment of Indian real estate market more than trebled in the first half (H1) of the current...

Adani Ports & SEZ Ltd Records 46% jump in Net Profot For Q1FY20

access_timeAugust 08, 2019

New Delhi: Adani Ports & Specail Economic Zone Ltd recorded 46 percent jump in consolidated net profit at Rs 1017.74 crore for the first quarter ended...

HCC's Net Loss Narrows Down To Rs 17 Cr For Q1FY2020

access_timeAugust 01, 2019

New Delhi: The consolidated net loss of Hindustan Construction Company (HCC) narrowed to Rs 17.44 crore in the quarter ended June 2019 as compared to...

Funding BY NBFCs To Realty Down By 73% In First Half OF 2019: ANAROCK

access_timeJuly 31, 2019

New Delhi: Funding to the real estate by Non Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) declined by a whopping 73 percen...

Foreign Funds Pour 16.7 Billion USD In Indian Realty Mart

access_timeJuly 30, 2019

New Delhi: Foreign funds are sharpening their focus on Indian real estate market and have poured more than 16.7 billion USD since 2015, according to a...

Three Tech-based Realty Startups To Be Mentored By NASSCOM, CBRE

access_timeJuly 30, 2019

New Delhi: Three startups offering tech-based solutions for real estate industry will be mentored and supported by IT industry body Nasscom and proper...

IRB InvlT Fund Declares First Distribution Of Rs 3 Per Unit

access_timeJuly 29, 2019

New Delhi: IRB InvlT Fund has declared first distribution of Rs 3 per unit for the financial year 2019-20. The distribution will be paid as Rs 2 per u...

Connectivity, Infrastructural Upgradation Driving Thane’s Home Market

access_timeJuly 29, 2019

Connectivity, Infrastructural Upgradation Driving Thane’s Home Market ---By Girish Shah, Executive Director-Residential Sales, Knight Frank India  ...

JSW Steel Net Profit Down 56% in Q1FY20

access_timeJuly 26, 2019

New Delhi: JSW Steel has recorded a 56.4 percent decline in net profit at Rs 1,028 crore on consolidated basis for the quarter ended June 2019 as comp...

Ambuja Cement Net Profit Up 15%

access_timeJuly 26, 2019

New Delhi: Ambuja Cement has recorder 15 percent growth in standalone net profit at Rs 412 crore for second quarter ended June 2019, as compared to Rs...

L&T Net Profit Up 20% for June Quarter

access_timeJuly 23, 2019

New Delhi: Infrastructure major Larsen & Toubro recorded a 20.46 percent jump in consolidated net profit at Rs 1,360.5 crore for the June quarter of 2...

ACC Ltd's Net Profit Jumps 39 Percent

access_timeJuly 19, 2019

New Delhi: Cement maker ACC Ltd’s consolidated net profit jumped 38.62 percent to Rs 455.64 crore in the second quarter ended June 2019 as compared to...

Hiranandani Group Forays Into Data Centre Parks

access_timeJuly 18, 2019

New Delhi: Real estate major Hiranandani Group has set up YOTTA’ Infrastructure to foray into Data Centre Parks. YOTTA ‘will be a managed Data Centre...

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