"The response to recent disinvestment offers has been very good. It seems the disinvestment target for the current fiscal may be exceeded," one of the officials said.
21 Feb 2017, 7.40 am | Source: PTI
Infrastructure company Punj Lloyd today said it has won Rs 348 crore projects, including Rs 139 crores order from Adani and Rs 209 crore pipeline contract from Mumbai Port Trust.
20 Feb 2017, 7.50 pm | Source: PTI
Siemens Ltd today said it along with another firm has bagged a Rs 287-crore order from Nagpur Metro Rail Corp to supply signalling technology for the first two lines - North-South and East-West corridors - of the proejct.
20 Feb 2017, 7.08 pm | Source: PTI
Speaking at the sidelines of Confederation of Indian Industry (CII) CFO Summit 2017 in Mumbai - Larsen & Toubro's CFO, R Shankar Raman said that he expects 2017-18 to be a better year for the company and that orders could trickle ...
20 Feb 2017, 4.48 pm | Source: CNBC-TV18
IRB Infrastructure, a wholly-owned subsidiary of IRB Infrastructure Developers today said it has appointed former NHAI Chief Rajinder Pal Singh as Chairman to the Board.
17 Feb 2017, 2.44 pm | Source: PTI
Media reports suggest that Warburg Pincus is likely to pick up a 40% stake in Tata Technologies (an engineering solutions and IT product developing arm of Tata Motors).
17 Feb 2017, 1.43 pm | Source: Moneycontrol.com
The demonetisation exercise proved detrimental to toll collections which dropped a sharp 20 percent year-on-year in the three months to December 2016, reports Financial Express.
17 Feb 2017, 12.35 pm | Source: Moneycontrol.com
Texmaco Limited, the railway wagon and engineering company, will shift focus to Engineering, Procurement, and Construction (EPC) from sale of wagons, says Executive Director AK Vijay.
15 Feb 2017, 2.19 pm | Source: CNBC-TV18
"The Hazaribagh Ranchi Expressway Limited, a subsidiary of the company, has re-financed its debts including senior debt amounting to Rs 715 crore availed for development of section of NH-33... in the state of Jharkhand by issue of...
15 Feb 2017, 11.56 am | Source: PTI
L&T hopes to be at forefront of India’s defence programme and expects the country’s defence sector to be a Rs 70,000 crore opportunity, Chairman AM Naik told CNBC-TV18 in an exclusive interview.
14 Feb 2017, 8.54 pm | Source: CNBC-TV18
Power Mech Projects has bagged orders worth Rs 475.86 crore, including works for 800 MW North Chennai thermal power station Stage-III for Rs 246.51 crore.
14 Feb 2017, 7.38 pm | Source: PTI
Adani Ports and Special Economic Zone Ltd (APSEZ) today reported a 25.82 percent jump in its consolidated net profit to Rs 849.75 core for the quarter ended December 2016, on the back of increased income.
14 Feb 2017, 5.52 pm | Source: PTI
Speaking to CNBC-TV18, Jayant Mhaiskar, the company’s Vice Chairman and Managing Director, said the company had filed a claim worth Rs 42.5 crore with the National Highways Authority of India for loss of revenue.
14 Feb 2017, 12.09 pm | Source: CNBC-TV18
The company had clocked a net loss of Rs 25.33 crore for the corresponding quarter of 2015-16 fiscal, it said in a BSE filing.
13 Feb 2017, 10.24 pm | Source: PTI
Lanco Infratech today reported a consolidated net loss of Rs 813.66 crore in the quarter ended on December 31, 2016, mainly due to decline in income.
13 Feb 2017, 9.22 pm | Source: PTI
GMR Infrastructure today reported a standalone net loss of Rs 381.93 crore for the quarter ended December 2016.
13 Feb 2017, 9.02 pm | Source: PTI
Larsen & Toubro, which has for long wanted a bigger footprint in the Indian defence sector, has got cracking on its ambitious plans. The company today announced a 51:49 joint venture with Europe’s MBDA Missile Systems with an ey...
13 Feb 2017, 8.42 pm | Source: CNBC-TV18
Defence equipment manufacturer BEML today reported over two-fold growth in net profit at Rs 21.74 crore for the October-December quarter.
13 Feb 2017, 7.32 pm | Source: PTI
State-owned construction firm NBCC Ltd today reported 16 percent increase in its net profit at Rs 64.42 crore for the quarter ended December.
13 Feb 2017, 6.04 pm | Source: PTI
BGR Energy Systems today posted a standlone net profit of Rs 10.48 crore in the quarter ended on December 31, 2016.
13 Feb 2017, 5.54 pm | Source: PTI
Larsen & Toubro Ltd is likely to announce today a joint venture with Europe's MBDA Missile Systems to cater to the defence needs of the Indian government.
13 Feb 2017, 1.21 pm | Source: Moneycontrol.com
Engineering business grew by 6.3 percent year-on-year to Rs 922.5 crore but traded goods segment registered a degrowth of 47.3 percent at Rs 69 crore in the quarter gone by.
11 Feb 2017, 3.33 pm | Source: Moneycontrol.com
Jaiprakash Associates today reported widening of standalone net loss to Rs 1,095.02 crore for the third quarter ended December of 2016-17.
10 Feb 2017, 10.14 pm | Source: PTI
"In line with the government’s make in India initiative, the company has been consistently investing to deepen footprint in the country, innovating and deploying global technology for domestic and international markets," ABB sai...
09 Feb 2017, 3.07 pm | Source: Moneycontrol.com
Thermax expects 3-4 segments to open up in Q4 and Q1 of FY18 supporting medium and large projects, which had gone dry in this financial year.
09 Feb 2017, 11.35 am | Source: CNBC-TV18
Siemens, leading engineering and technology solutions provider, today posted Rs 160 crore standalone net profit for the first quarter of CY17, up 43 percent compared to the year-ago period.
08 Feb 2017, 7.38 pm | Source: PTI
Energy and environment solutions provider Thermax today reported a flat net profit at Rs 54.77 crore in the third quarter ended December 31, mainly on the back of decline in revenues.
08 Feb 2017, 5.44 pm | Source: PTI
There are close to a dozen PSUs that provide range of consultancy services - from education to EPC -- and there is a scope of merging some of them to create a company of global standards, a senior government official said.
08 Feb 2017, 12.46 pm | Source: PTI
Outstanding orderbook slipped below the psychological figure of Rs 1 lakh crore, at Rs 98,400 crore as of December 2016 against Rs 1,09,201 crore as of December 2015.
07 Feb 2017, 2.26 pm | Source: Moneycontrol.com
The company currently has an order book of Rs 2,600-2,700 crore of which Indian wagon order stands at a couple of hundred crore.
07 Feb 2017, 12.07 pm | Source: CNBC-TV18