On an average, there was a 4% increase in the sales turnover of the 14 mid and small size construction companies that have reported results so far.
The company has started tolling two more projects and feels that there will be a positive impact of the interest cost and debt will be pared as a result of transfer of BOT assets to IRB InvIT.
Meeting in Guwahati on November 10 likely to look into issues related to construction, which needs to be “restructured”. Issues related to infrastructure will also be addressed
Edelweiss has come out with its sector report on Construction dated July 20, 2017. Building up to a public sector-led capex revival.
Construction of flats, complex, buildings will have a lower incidence of Goods and Services Tax (GST) as compared to a plethora of central and state indirect taxes suffered by them currently.
This 1001 startup idea is to transform the construction industry with the introduction of 3D printing technology.
The Tamil Nadu government, on May 11, 2017, said that measures were underway, to promote the use of artificial sand as an alternative to river sand, to be used in the construction sector. “Steps R
While the overall talent demand was up by three per cent during April 2017, the real estate sector posted a seven per cent increase in talent demand and the construction sector saw a six R
Karvy has come out with its sector report on Construction dated April 21, 2017. New pharma policy on the anvil. Order momentum continues.
"The construction arm of L&T has won orders worth Rs 2,694 crore across various business segments," L&T said in a BSE filing today.
I believe cement can be one of the best sectors in the next 12 months, said Harsha Upadhyaya, CIO Equity, Kotak MF.
Minister for Drinking Water and Sanitation Narendra Singh Tomar said the Central Ground Water Board has prepared a conceptual document entitled 'Master Plan for Artificial Recharge to Ground Water in India' involving ground water scientists and experts.
"The power transmission and distribution business of L&T Construction has recently bagged major orders worth Rs 2,400 crore in the domestic and international markets," the engineering and construction major said in a BSE filing.
"The Water and effluent treatment business of the construction arm of L&T has won an order worth Rs 705 crore," L&T said in a BSE filing.
"The construction arm of L&T has won orders worth Rs 2,170 crore across its various business segments," L&T said in a statement.
Gayatri Projects has won Rs 1,363-crore irrigation order in joint venture (JV) with two companies. "We have a JV with 70 percent share and other two partners own 30 percent", TV Sandeep Reddy of Gayatri Projects told CNBC-TV18.
On the National Pharmaceutical Pricing Authority's recent decision fixing price caps on coronary stents, Mazumdar-Shaw said price control on stents need to factor in the design and material of their construction.
"L&T Hydrocarbon Engineering, a fully-owned subsidiary of Larsen & Toubro, has signed an enterprise framework agreement with Shell Global Solutions International for providing engineering, procurement and construction management services," Larsen and Toubro said in a BSE filing.
The release follows a demonetisation-led cash crunch that hit India's cash-heavy economy, but economists reckon that could be temporary.
India's largest realty firm DLF Ltd will invest about Rs 3,500 crore this year to complete construction of almost all of its existing housing projects, a senior company official said.
In an interview to CNBC-TV18, TK Chand, CMD of National Aluminium Company (NALCO) spoke about the results and his outlook for the company.
Rajiv Batra, CFO of Cummins India, said Friday the company has seen some traction in Q3.
Such a move would leave Toshiba's US-based Westinghouse focused on the much narrower field of nuclear reactors and services, rather than civil engineering for nuclear power plants, or their construction, the sources said.
India has provided USD 2.49 million to Nepal for the construction of postal highway which runs across the Terai region close to the Indo-Nepal border.
Growth in internal demand, implementation of government schemes and new measures will play a vital role in reviving the domestic metals industry in 2017, a report said.