The concession period for the Greenfield project is 40 years, which can be further extended to another 20 years through a bid process.
27 Aug 2016, 2.10 pm | Source: Moneycontrol.com
Engineering major Larsen and Toubro's outgoing Chairman A M Naik has laid out a five-year road map to become an "asset-light" entity with revenues of Rs 2 lakh crore by 2020-21.
27 Aug 2016, 1.56 pm | Source: PTI
As part of sharpening the business focus, Naik said the company has "identified select growth businesses in L&T's broad portfolio. These include IT, technology services, defence, smart world and water management.
26 Aug 2016, 5.10 pm | Source: PTI
The decision regarding this was taken by the Board of Approval (BoA), headed by Commerce Secretary Rita Teaotia, at its meeting on August 12.
25 Aug 2016, 2.38 pm | Source: PTI
"The company has entered into a share purchase agreement on August 24 with Cube Highways & Infrastructure Pte Ltd, a company incorporated in Singapore, for sale of its entire equity stake in Andhra Pradesh Expressway Ltd (APEL) fo...
25 Aug 2016, 12.44 pm | Source: PTI
Speaking to CNBC-TV18, Umesh Chowdhary, VC &MD of Titagarh Wagons said that the Railways might not be able to achieve its targets due to low procurement rates.
25 Aug 2016, 11.01 am | Source: CNBC-TV18
The incremental capital will be brought in through either preferential shares or rights issue and the total quantum of fund raising will be in-line with requirement of equity to be infused for the projects, said Jayant Mhaiskar, V...
24 Aug 2016, 3.15 pm | Source: CNBC-TV18
Engineers India's bet on the international sector is paying off, with about Rs 100 crore revenue accruing from there and margins coming back up to 20 percent.
24 Aug 2016, 2.24 pm | Source: CNBC-TV18
GMR Infrastructure plans to raise up to Rs 2,500 crore through issuance of equity shares, equity linked instruments, debentures or any other securities.
23 Aug 2016, 7.54 pm | Source: PTI
Adani's Ennore and Vizhinjam ports are currently under construction and will start operations in October and December respectively. It currently has 8 operating ports.
23 Aug 2016, 12.35 pm | Source: CNBC-TV18
ASI has executed a memorandum of understanding (MOU) with NBCC for "assigning work for construction of Institute of Archaeology and UNESCO Category-II Centre at Knowledge Park- II, Greater Noida amounting Rs 120.00 crore (approx),...
20 Aug 2016, 6.04 pm | Source: PTI
The Mumbai-based realty firm is developing a project in Byculla - Piramal Aranya - with the total investment pegged at Rs 4,450 crore, including land, and project development and execution costs, the company said in a statement to...
19 Aug 2016, 4.28 pm | Source: PTI
Infrastructure major Larsen & Toubro has been picked as the implementation partner to make Nagpur the first large-scale integrated smart city of the country.
16 Aug 2016, 6.42 pm | Source: PTI
The EPC order has been placed by West Bengal State Electricity Distribution Corporation Ltd (WBSEDCL), BHEL said in a statement.
16 Aug 2016, 2.16 pm | Source: PTI
Cash-strapped infrastructure firm Jaiprakash Associates Ltd (JAL) today said it has failed to pay a total of Rs 3.54 crore in interest for NCDs.
12 Aug 2016, 10.32 pm | Source: PTI
CBI today carried out searches at the office of Jaiprakash Associates in connection with alleged fraud in claiming insurance money from United India Insurance Corporation Limited with regards to Dul Hasti hydroelectric power plant...
12 Aug 2016, 7.50 pm | Source: PTI
Abhishek Infraventures has reported a sales total income from operations of Rs 10.91 crore and a net profit of Rs 0.19 crore for the quarter ended Jun '16
12 Aug 2016, 4.33 pm | Source: Moneycontrol.com
Va Tech Wabag has reported a consolidated total income from operations of Rs 580.25 crore and a net profit of Rs 5.19 crore for the quarter ended Jun '16
12 Aug 2016, 4.24 pm | Source: Moneycontrol.com
Speaking to CNBC-TV18, VD Mhaiskar, CMD of IRB Infra says that current orders will be executed in next 2.5-3 years and hence, there are no worries over the growth.
11 Aug 2016, 3.53 pm | Source: CNBC-TV18
Construction revenue, which contributed 60 percent to total business, shot up 55.2 percent to Rs 913 crore in Q1 with earnings before interest & tax (EBIT) growing 52.8 percent to Rs 251.7 crore but margin declined 38 basis points...
11 Aug 2016, 3.05 pm | Source: Moneycontrol.com
"The board at its meeting held on August 10, 2016, has approved to make an additional investment in First Energy Private Limited (FE), the alternative energy solutions company in which the company has acquired 33 per cent stake in...
11 Aug 2016, 1.16 pm | Source: PTI
Company's net loss in the April-June quarter of the previous fiscal was Rs 581.84 crore, Punj Lloyd said in a BSE filing.
11 Aug 2016, 1.10 pm | Source: PTI
NBCC has not received any official communication from the government for development of any part of the VSNL land that it plans to demerge in the near future, says Chairman Anoop Kumar Mittal.
11 Aug 2016, 11.44 am | Source: CNBC-TV18
Thermax has started bidding for selective and specialised products and is close to winning a large order in the solar thermal space, says MS Unnikrishnan, MD of Thermax.
11 Aug 2016, 10.40 am | Source: CNBC-TV18
"Contributing to India's exploration and production (E&P) activities in the oil and gas sector, GE has signed an exclusive MoU with L&T Hydrocarbon Engineering, a wholly-owned subsidiary of L&T," the company said in a statement.
10 Aug 2016, 3.00 pm | Source: PTI
"Order balance position reflected the challenges in core sectors of domestic economy and the sluggish growth in overseas markets," the company said in its filing.
10 Aug 2016, 1.19 pm | Source: Moneycontrol.com
Adani Ports and Special Economic Zone's first quarter (April-June) consolidated net profit increased sharply by 30.8 percent to Rs 835.7 crore, which was far ahead of estimates due to other income.
09 Aug 2016, 3.20 pm | Source: Moneycontrol.com
"The government has never imposed the penalty of Rs 200 crore on Adani port and SEZ and accordingly the question of withdrawl does not arise," Environment Minister Anil Madhav Dave said in a written reply.
08 Aug 2016, 3.22 pm | Source: PTI
"The unit 7 of the plant (BTPS) on Thursday was run on coal during which it was checked as whether or not all parameters are working as per the norms... We hope to start commercial generation from the plant by August 31," P K Rai,...
06 Aug 2016, 6.36 pm | Source: PTI
The project is on design, build, finance, operate and transfer (DBFOT) basis, as envisaged by the NHAI under its Phase-V of the National Highway Development Projects (NHDP).
05 Aug 2016, 8.14 am | Source: PTI