Infrastructure - General News

Maxheights standalone Mar '13 sales at Rs 0.39 crore  

17 May 2013, 3.40 pm  |  Source: Moneycontrol.com

Maxheights Infrastructure has reported a sales standalone turnover of Rs 0.39 crore and a net profit of Rs 0.18 crore for the quarter ended Mar '13...

GMR to file technical bid for Philippines airport project  

16 May 2013, 5.15 pm  |  Source: PTI

GMR to file technical bid for Philippines airport project...

Allow mkt-driven tariff, open funding routes: Essar Ports  

16 May 2013, 3.30 pm  |  Source: Moneycontrol.com

Essar Ports is keen to pare debt to bring down interest cost in FY14...

Larsen & Toubro bags contracts worth Rs 2,500 cr  

16 May 2013, 3.24 pm  |  Source: PTI

Larsen & Toubro's (L&T) construction wing has won new orders valued at over Rs. 2,542 crore across various business segments in April and May 2013....

IRB Infrastructure Q4 net profit up 26% at Rs 151cr  

16 May 2013, 11.09 am  |  Source: Moneycontrol.com

IRB Infrastructure Developers Q4 consolidated income from operations were up 11 percent at Rs 948 crore versus Rs 851 crore, year-on-year....

Adani Ports Q4 net profit triples to Rs 710.31 cr  

16 May 2013, 10.38 am  |  Source: PTI

Adani Ports & Special Economic Zone Ltd reported 197 per cent jump in in its consolidated net profit at Rs 710.31 crore on account of one-time gain of...

Adani Ports Q4 PAT up at Rs 710cr  

15 May 2013, 7.30 pm  |  Source: CNBC-TV18

Adani Ports' total Income has increased from Rs 703.75 crore for the quarter ended March 31, 2012 to Rs 1081.69 crore for the quarter ended March 31, ...

Aim to build 400-km strong order-book: IRB Infra   

15 May 2013, 5.55 pm  |  Source: CNBC-TV18

Anil Yadav, CFO, IRB Infrastructure Developers says the company has an Rs 8,400 crore order book position. Going forward, the company will aim for an ...

Titagarh Wagons standalone Mar '13 sales at Rs 152.86 crore  

14 May 2013, 3.05 pm  |  Source: Moneycontrol.com

Titagarh Wagons has reported a sales standalone turnover of Rs 152.86 crore and a net profit of Rs 4.69 crore for the quarter ended Mar '13...

Suzlon gains on euro 90mn wind farm contract  

14 May 2013, 11.10 am  |  Source: Moneycontrol.com

Suzlon Energy's subsidiary REpower Systems has received a order to supply 27 wind turbines to a community wind farm in Germany. The contract is worth ...

Punj Lloyd consolidated Mar '13 sales at Rs 3,292.25 crore  

13 May 2013, 10.55 am  |  Source: Moneycontrol.com

Punj Lloyd has reported a sales turnover of Rs 3,292.25 crore and a net profit of Rs 15.31 crore for the quarter ended Mar '13...

Indian L&T in race for Rs 2000cr howitzer tender  

12 May 2013, 5.22 pm  |  Source: PTI

Indian L&T and Russian Rosobornexport are in competition win a deal worth over Rs 2,000 crore to supply 100 self-propelled howitzers to the Army. ...

ABB Q1 net profit drops 10.5% to Rs 42.6 cr  

09 May 2013, 1.37 pm  |  Source: Moneycontrol.com

ABB's first quarter (January-March) net profit fell 10.5 percent year-on-year to Rs 42.6 crore. Operating profit margin remained flat at 5.4 percent y...

ILandFS Trans consolidated Mar '13 sales at Rs 1,930.52 crore  

08 May 2013, 4.53 pm  |  Source: Moneycontrol.com

ILandFS Transportation Networks has reported a sales turnover of Rs 1,930.52 crore and a net profit of Rs 178.45 crore for the quarter ended Mar '13...

Aim to cut debt by Rs 5000cr in FY14: JP Associates   

06 May 2013, 10.31 am  |  Source: CNBC-TV18

The year gone by was challenging year for the company, said Manoj Gaur, executive chairman, JP Associates. The firm has invested around Rs 39000 cror...

JP Associates Q4 net down 56% on subdued demand  

06 May 2013, 10.08 am  |  Source: Moneycontrol.com

akash Associates March quarter profit slipped 56.5 percent year-on-year (YoY) to Rs 124 crore due to poor show from its mainstay businesses including ...

Suzlon Energy gains 2% on fund raising plans  

06 May 2013, 9.47 am  |  Source: Moneycontrol.com

Suzlon Energy's shares gained more than two percent Monday as the company plans to raise up to USD 400 million by selling 15 of its non-core assets....

Lanco Infratech up 11% after litigation with Perdaman ends   

29 Apr 2013, 10.15 am  |  Source: Moneycontrol.com

Lanco Infratech's shares surged 11 percent on Monday after the company says the protracted litigation for a claim of AUD 3.5 billion initiated by Perd...

Jaypee Infratech Q4 profit drops 57.5% to Rs 148.5 cr  

27 Apr 2013, 6.21 pm  |  Source: Moneycontrol.com

Jaypee Infratech's fourth quarter (January-March) net profit dropped 57.5 percent year-on-year to Rs 148.5 crore....

Siemens Q2 disappoints, net falls 82% to Rs 30 cr  

26 Apr 2013, 3.04 pm  |  Source: Moneycontrol.com

Engineering firm Siemens disappointed the street on Friday with its second quarter (January-March) net profit falling 90 percent year-on-year to Rs 30...

Suzlon implements USD 1.8 billion debt recast plan  

23 Apr 2013, 9.00 pm  |  Source: PTI

Wind turbine maker Suzlon on Tuesday said it has implemented the USD 1.8 billion (Rs 9,500 crore) debt restructuring package that includes preferentia...

Govt to divest 10% stake via FPO route: EIL   

23 Apr 2013, 4.06 pm  |  Source: CNBC-TV18

Ashok Kumar Purwaha, chairman, Engineers India, says that the government is planning to disinvest around 10 percent stake in the company via follow-on...

JP Associates soars 2% on talks of Gujarat plants sale  

23 Apr 2013, 11.42 am  |  Source: Moneycontrol.com

Jaiprakash Associates rose two percent on Tuesday on media reports that Ultratech Cement is in final talks to buy Jaypee’s two Gujarat plants for en...

ABB to acquire US based Power-One for over USD 1 bn  

22 Apr 2013, 8.52 pm  |  Source: PTI

Power and automation technology firm ABB today said it will acquire US-based solar energy company Power-One for over USD 1 billion (around Rs 5,400 cr...

GMR may submit bid for Cebu Airport, shares up   

22 Apr 2013, 1.49 pm  |  Source: CNBC-TV18

GMR Infra will be submitting a bid for Cebu Airport, which is the second largest in Phillipines, reports CNBC-TV18 ...

Essar Ports consolidated Mar '13 sales at Rs 387.08 crore  

20 Apr 2013, 1.10 pm  |  Source: Moneycontrol.com

Essar Ports has reported a sales turnover of Rs 387.08 crore and a net profit of Rs 92.07 crore for the quarter ended Mar '13...

Adani project violated norms, impose Rs 200cr fine: Panel  

18 Apr 2013, 10.06 pm  |  Source: PTI

A port and SEZ project of Adani group in Gujarat's Mundra today drew flak from an Environment Ministry panel which said that it violated green clearan...

Looking at ECB route to raise funds: Essar Ports   

18 Apr 2013, 6.13 pm  |  Source: CNBC-TV18

Essar Ports reported a profit of Rs 92 crore in its fourth quarter. The company plans to pare its interest costs this year, says Rajiv Agarwal, managi...

Essar Ports Q4 net profit jumps to Rs 92 cr   

18 Apr 2013, 3.00 pm  |  Source: Moneycontrol.com

Essar Ports, India's one of the largest port operator has announced its fourth quarter results. The company's Q4 consolidated net profit was at Rs 92 ...

Deustche Bank initiates buy on Adani Ports, stock soars  

18 Apr 2013, 11.41 am  |  Source: Moneycontrol.com

Gujarat-based Adani Ports and Special Economic Zone rose nearly 2 percent on Thursday after the Deustche Bank recommended a buy rating on the stock wi...