Cost of funds has gone up. Plus there is a liquidity problem in the market because nobody wants to really borrow money at this rate
Bazmi Husain, country manager and MD, ABB says that the year 2012 has been a challenging period for the company with margins starting to stabilise only in Q4
Parag Parikh ED & CFO, Gammon Infrastructure Projects, says that the company has posted cash profit of Rs 122 crore for nine months in FY13.
ABB has declared its fourth quarter results. In an interview to CNBC-TV18, Amlan Datta Majumdar, chief financial officer of ABB says, he expects the margins to improve going forward.
ABB has bagged a Rs 4000 crore order from Power Grid. Bazmi Husain, country manager and MD, ABB spoke to CNBC-TV18 about the order and the way ahead for the company.
Joe Hogan, chief executive officer of ABB Group, in an exclusive interview to CNBC-TV18's Siddharth Zarabi on the Forbes India Show, gives his views on how the India’s infrastructure and power sectors will pan out further and whether the sectors have enough potential to attract foreign companies.