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Infrastructure - General News

  • IRB achieves financial closure for Agra-Etawah road project

    IRB achieves financial closure for Agra-Etawah road project  

    Toll road firm IRB Infrastructure said it has achieved financial closure for its Agra-Etawah project by tying up project finance of Rs 1,650 crore

    22 Jun 2016, 5.24 pm  |  Source: PTI

  • L&T arm bags orders worth Rs 1,170 crore

    L&T arm bags orders worth Rs 1,170 crore  

    "L&T Hydrocarbon Engineering Ltd has won orders worth Rs 1,170 crore across its various business verticals," the engineering and construction major said in a BSE filing.

    17 Jun 2016, 11.24 am  |  Source: PTI

  • GMR Infra not to sell controlling stake in Hyderabad Airport

    GMR Infra not to sell controlling stake in Hyderabad Airport  

    The company was reacting to speculations about the company being in advanced negotiations regarding sale of controlling stake in Hyderabad Airport.

    17 Jun 2016, 11.14 am  |  Source: PTI

  • Coal scam hit BHEL`s performance: Anant Geete

    Coal scam hit BHEL's performance: Anant Geete  

    "BHEL's core function is that of power equipment manufacturing. However, in 2012-13, 2013-14 and 2014-15 the power generation was halted due to coal scam," the minister said at a press conference here.

    16 Jun 2016, 7.26 am  |  Source: PTI

  • IL&FS Transportation gets Rs 110 cr payment via 15% stake sale

    IL&FS Transportation gets Rs 110 cr payment via 15% stake sale  

    In a filing to the BSE, the company said MAIF remitted Rs 109.78 crore as part of purchase of 15 percent stake in Gujarat Road and Infrastructure Company.

    16 Jun 2016, 7.26 am  |  Source: PTI

  • BHEL commissions 195 MW unit at Muzaffarpur plant

    BHEL commissions 195 MW unit at Muzaffarpur plant  

    This is the second 195 MW unit to be commissioned by BHEL at the 2x195 MW Muzaffarpur Thermal Power Station Stage-II of Kanti Bijlee Utpadan Nigam Limited (KBUNL), a joint venture of NTPC and BSPGCL, the company said in a press re...

    14 Jun 2016, 1.00 pm  |  Source: PTI

  • L&T plans to list L&T Infotech by Oct, raise up to Rs 2,600 cr

    L&T plans to list L&T Infotech by Oct, raise up to Rs 2,600 cr  

    L&T Infotech, a subsidiary of engineering giant Larsen & Toubro, had received capital markets regulator Sebi's approval to float an initial public offering worth Rs 2,000 crore in December 2015.

    14 Jun 2016, 7.26 am  |  Source: PTI

  • For India`s surging economy, small is beautiful

    For India's surging economy, small is beautiful  

    That's an encouraging sign for Asia's third-largest economy, where stressed balance sheets at big firms and heavy reliance on bank credit, which has dried up following a surge in troubled loans, have stymied efforts to revive priv...

    10 Jun 2016, 8.01 am  |  Source: Reuters

  • Banks partially accept Jaypee Infra`s plan to pare debt

    Banks partially accept Jaypee Infra's plan to pare debt    

    At a recent meeting, lenders approved Jaypee Infratech's plan to securitise Yamuna Expressway to Rs 2,000 crore to service its Rs 4,500-crore debt.

    08 Jun 2016, 12.41 pm  |  Source: CNBC-TV18

  • L&T, Alstom among bidders for Metro-3 corridor power works

    L&T, Alstom among bidders for Metro-3 corridor power works  

    Mumbai Metro Rail Corporation (MMRC), which is implementing the project, received bids from companies including L&T, Alstom, Cobra, Tata Projects, Isolux, Bright Power KEI, Siemens, Leena Powertech Engg, Kanohar Electricals and CH...

    08 Jun 2016, 8.34 am  |  Source: PTI

  • NBCC secures Rs 1,900 crore business in May

    NBCC secures Rs 1,900 crore business in May  

    Over the last year, National Buildings Construction Corporation (NBCC) has secured some big-ticket projects including redevelopment of exhibition centre of ITPO for Rs 2,149 crore and AIIMS redevelopment works project worth Rs 5,8...

    06 Jun 2016, 3.42 pm  |  Source: PTI

  • Larsen & Toubro bags orders worth Rs 2,161 crore

    Larsen & Toubro bags orders worth Rs 2,161 crore  

    "The construction arm of L&T has won orders worth Rs 2,161 crore across various business segments," it said in a BSE filing.

    06 Jun 2016, 11.34 am  |  Source: PTI

  • BHEL commissions 520 MW thermal power unit in AP

    BHEL commissions 520 MW thermal power unit in AP  

    State-run BHEL today said it has commissioned another 520 MW coal-based power generating unit in Andhra Pradesh.

    01 Jun 2016, 1.28 pm  |  Source: PTI

  • IL&FS Engineering Q4 net profit at Rs 33 crore

    IL&FS Engineering Q4 net profit at Rs 33 crore  

    Its income from operations during the same quarter of 2015-16 fiscal stood at Rs 589.08 crore, up 1.96 per cent, as against Rs 577.73 crore in the year-ago period, IL&FS Engineering and Construction company said in a BSE filing.

    31 May 2016, 12.58 pm  |  Source: PTI

  • MEP Infra wins proj from NHAI in Gujarat at Rs 643 cr bid cost

    MEP Infra wins proj from NHAI in Gujarat at Rs 643 cr bid cost  

    MEP Infrastructure Developers Ltd in a JV with its Spanish partner has received Letter of Award from National Highways Authority of India (NHAI) for a project under the Hybrid Annuity namely four laning of Talaja-Mahuva section in...

    28 May 2016, 12.54 pm  |  Source: PTI

  • L&T chief Naik`s successor likely to be announced next year

    L&T chief Naik's successor likely to be announced next year  

    The successor of the diversified Larsen & Toubro's Group Executive Chairman A M Naik is expected to be announced by September 2017, and by all indications, the current Deputy MD and President S N Subrahmanyan is the front-runn...

    26 May 2016, 7.50 am  |  Source: PTI

  • BHEL commissions 800 mw supercritical thermal unit in K`nataka

    BHEL commissions 800 mw supercritical thermal unit in K'nataka  

    The unit has been commissioned at the 2x800 MW Yeramarus Thermal Power Station (TPS) located in Raichur district of Karnataka, Bharat Heavy Electricals Limited (BHEL) said in a statement.

    25 May 2016, 2.00 pm  |  Source: PTI

  • Siemens cements ties with Sri Lanka on smart city solutions

    Siemens cements ties with Sri Lanka on smart city solutions  

    The major objective of the Ministry of Megapolis and Western Development is to bring systematic changes and development processes into the urban community in Sri Lanka, which will ensure inhabitants of urban areas become part of s...

    23 May 2016, 2.16 pm  |  Source: PTI

  • NBCC plans to foray into Kazakhstan, Kyrgyzstan

    NBCC plans to foray into Kazakhstan, Kyrgyzstan  

    Presently, the company has its presence in Maldives, Turkey and Botswana implementing various projects and earning consistent revenue.

    22 May 2016, 1.54 pm  |  Source: PTI

  • NBCC expects 3 redevelopment projects worth Rs 25,000 cr

    NBCC expects 3 redevelopment projects worth Rs 25,000 cr  

    The company's order book as of now stands at over Rs 35,000 crore and is likely to touch Rs Rs 60,000 crore in next few months, NBCC Chairman and Managing Director Anoop Mittal told reporters here.

    17 May 2016, 7.30 pm  |  Source: PTI

  • IL&FS Transportation Q4 net up 3% at Rs 80.42 cr

    IL&FS Transportation Q4 net up 3% at Rs 80.42 cr  

    The company had posted a net profit of Rs 77.85 crore in the corresponding quarter of 2014-15 fiscal, it said in a regulatory filing.

    13 May 2016, 3.20 pm  |  Source: PTI

  • Siemens Q2 net profit rises 10% to Rs 177 crore

    Siemens Q2 net profit rises 10% to Rs 177 crore   

    Engineering and automation major Siemens Ltd today reported a 9.6 percent rise in standalone net profit to Rs 177.42 crore for the second quarter ended March 31, 2016.

    06 May 2016, 7.56 pm  |  Source: PTI

  • Power Mech standalone Dec '15 sales at Rs 354.80 crore  

    Power Mech Projects has reported a sales total income from operations of Rs 354.80 crore and a net profit of Rs 20.36 crore for the quarter ended Dec '15

    16 Feb 2016, 12.38 pm  |  Source: Moneycontrol.com

  • Brahma Infra standalone Dec '15 sales at Rs 50.41 crore  

    Brahmaputra Infrastructure has reported a standalone total income from operations of Rs 50.41 crore and a net loss of Rs 2.74 crore for the quarter ended Dec '15

    16 Feb 2016, 12.05 pm  |  Source: Moneycontrol.com

  • A Infra. standalone Dec '15 sales at Rs 42.78 crore  

    A Infrastructure has reported a sales total income from operations of Rs 42.78 crore and a net profit of Rs 0.19 crore for the quarter ended Dec '15

    16 Feb 2016, 12.00 pm  |  Source: Moneycontrol.com

  • A Infra. standalone Dec '15 sales at Rs 42.78 crore  

    A Infrastructure has reported a sales total income from operations of Rs 42.78 crore and a net profit of Rs 0.19 crore for the quarter ended Dec '15

    16 Feb 2016, 12.00 pm  |  Source: Moneycontrol.com

  • Titagarh Wagons consolidated Dec '15 sales at Rs 276.88 crore  

    Titagarh Wagons has reported a consolidated total income from operations of Rs 276.88 crore and a net loss of Rs 2.13 crore for the quarter ended Dec '15

    16 Feb 2016, 9.15 am  |  Source: Moneycontrol.com

  • ILandFS Trans consolidated Dec '15 sales at Rs 2,190.59 crore  

    ILandFS Transportation Networks has reported a consolidated total income from operations of Rs 2,190.59 crore and a net profit of Rs 159.07 crore for the quarter ended Dec '15

    12 Feb 2016, 10.14 am  |  Source: Moneycontrol.com

  • GMR Infra consolidated Dec '15 sales at Rs 3,564.25 crore  

    GMR Infrastructure has reported a consolidated total income from operations of Rs 3,564.25 crore and a net loss of Rs 379.38 crore for the quarter ended Dec '15

    12 Feb 2016, 9.55 am  |  Source: Moneycontrol.com

  • Yuranus Infra standalone Dec '15 sales at Rs 0.02 crore  

    Yuranus Infrastructure has reported a sales total income from operations of Rs 0.02 crore and a net profit of Rs 0.00 crore for the quarter ended Dec '15

    11 Feb 2016, 11.00 am  |  Source: Moneycontrol.com

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