Adani Ports and Special Economic Zone's second quarter earnings surpassed analysts' expectations on Tuesday with consolidated profit surging 61 percent year-on-year to Rs 1,090.8 crore on strong operational performance.
25 Oct 2016, 3.29 pm | Source: Moneycontrol.com
In an interview with CNBC-TV18, Rajat Seksaria said that the tentative value of the deal is likely to be around Rs 350-375 crore which is expected to bring down the company's debt by Rs 250 crore.
24 Oct 2016, 1.44 pm | Source: CNBC-TV18
Sources have told ET that the company's board is expected to approve of this capital raising plan as early as this week.
24 Oct 2016, 1.14 pm | Source: Moneycontrol.com
As many as 9 crore NBCC shares are being sold over two days at a floor price of Rs 246.50. The government hopes to raise about Rs 2,200 crore through the exercise, which concludes today.
21 Oct 2016, 12.22 pm | Source: PTI
In an interview with CNBC-TV18, Anoop Kumar Mittal, Chairman of NBCC said that the company's current orderbook stands at Rs 73,000 crore which will be executed over the next 5 years.
21 Oct 2016, 10.43 am | Source: CNBC-TV18
The two-day share sale, wherein the government is offloading 15 per cent of its equity, attracted bids for over 11.08 crore shares as against 7.20 crore offered to institutional investors on the first day, according to the stock e...
21 Oct 2016, 10.40 am | Source: PTI
"L&T Construction's Smart World & Communications Business Unit announced today the signing of the formal contract with the Department of Information & Technology, Maharashtra Government, under which Nagpur will be converted into t...
21 Oct 2016, 10.38 am | Source: PTI
The Ministry in March ordered "rebidding" of the contract, which was earlier given to IRB Infrastructure.
20 Oct 2016, 4.12 pm | Source: PTI
As much as 9 crore shares will be sold over two days, with institutional investors getting to bid on the first day and retail ones getting a chance tomorrow.
20 Oct 2016, 11.20 am | Source: PTI
YD Murthy, Executive VP-Finance, NCC, says the expected net profit margin from the SPV will be around 5-6 percent.
20 Oct 2016, 9.43 am | Source: Moneycontrol.com
Government will sell 15 percent stake tomorrow in state-owned construction company NBCC at a floor price of Rs 246.50 a share to raise about Rs 2,200 crore.
19 Oct 2016, 5.42 pm | Source: PTI
Government today said work on multi-modal terminal at Sahibganj to handle 2.28 million tonnes of cargo per annum will become a reality soon with the award of the contract.
19 Oct 2016, 5.16 pm | Source: PTI
Toll road firm MEP Infrastructure Developers has achieved financial closure for two four-laning of outer ring road projects in Nagpur valued at Rs 1,170 crore.
17 Oct 2016, 5.30 pm | Source: PTI
The Transportation Infrastructure Business of L&T Construction has "won a major order worth Rs 3,799 crore from the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL)", the company said in a statement.
14 Oct 2016, 3.28 pm | Source: PTI
Company is ideally positioned to really work with India on its competitiveness, on its automation solutions, said Ulrich Spiesshofer, Global CEO, ABB.
13 Oct 2016, 9.44 am | Source: CNBC-TV18
Power equipment and automation major ABB, which has completed over a century in the country, is looking at making India an export hub for power and automation technology solutions.
12 Oct 2016, 8.54 pm | Source: PTI
Dismissing reports about NBCC planning to set up a non-banking finance company (NBFC), NBCC Chairman Anoop Kumar Mittal said that there is no proposal to launch an NBFC. He stressed that NBCC is a construction company and we inves...
06 Oct 2016, 12.53 pm | Source: CNBC-TV18
"This microgrid, with a rooftop photo voltaic field at the company's biggest manufacturing location in India with around 3,000 employees, will help ensure uninterrupted power supply," the company said in a statement.
05 Oct 2016, 1.10 pm | Source: PTI
"L&T has on October 2, 2016 achieved synchronisation of its first 660 MW supercritical unit (Unit-5) of the project in record time of 42 months and four days from the date of Notice to Proceed (March 28, 2013)," the company said i...
04 Oct 2016, 2.42 pm | Source: PTI
State-owned power equipment maker BHEL has bagged two renovation and modernisation (R&M) orders of hydropower plants worth Rs 430 crore, including one from NHPC.
03 Oct 2016, 1.28 pm | Source: PTI
Infrastructure major Larsen and Toubro (L&T) has bagged orders worth Rs 6,024 crore across various business segments.
03 Oct 2016, 11.50 am | Source: PTI
Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme invest up to 49 percent of paid up capital in Adani Ports and Special Economic Zone and 34 percent in...
01 Oct 2016, 12.56 pm | Source: PTI
"The construction arm of L&T has won orders worth Rs 2,046 crore across various business segments," L&T said in a BSE filing.
29 Sep 2016, 11.16 am | Source: PTI
Shareholders of Jaiprakash Associates Ltd (JAL) approved the "option to convert loans, debentures or other borrowings/debt of the company into equity shares/securities of the company," it said in a regulatory filing.
29 Sep 2016, 7.38 am | Source: PTI
Speaking to CNBC-TV18 DK Hota, Chairman of BEML said that it is too early to comment on the fallout of the Rafale deal. The company has an order book of Rs 6,400 crore, he said, adding that BEML is poised for a leap in defence sec...
28 Sep 2016, 12.14 pm | Source: CNBC-TV18
Debt�laden Lanco Infratech may spin off its coal power projects into a single holding company and then may sell majority of it to OPG Power Ventures to ease the burden, sources close to the development said today.
27 Sep 2016, 8.38 pm | Source: PTI
IRB Infrastructure Developers has received letter of award from National Highways Authority of India (NHAI) for Rs 2,100-crore highway project in Rajasthan and Gujarat.
26 Sep 2016, 9.48 pm | Source: PTI
"Larsen & Toubro (L&T) has signed the principle contract with Vietnam Border Guard... for design and construction of high speed patrol vessels in India as well as transfer of design and technology along with supply of equipment an...
22 Sep 2016, 1.50 pm | Source: PTI
SIPL currently has 12 build operate transfer (BOT) projects of which seven are fully operational, one is partially operational and others are under various stages of construction. All these projects are Special Purpose Vehicles (S...
22 Sep 2016, 1.34 pm | Source: PTI
NBCC will start booking revenue from the Rs 400-crore hospitals project awarded by the Labour Ministry from the last quarter of FY17, says Chairman Anoop Kumar Mittal. Commission will be 5 percent over construction cost, he adds.
21 Sep 2016, 11.36 am | Source: CNBC-TV18