The Raheja Revanta has been awarded for high-rise project in the 5th Annual Construction Week India, held in Mumbai. The award was given for ...
Over the years, the company has made significant contributions for naval guns and Integrated Platform Management System (IPMS), BHEL Chairman and Managing Director (CMD) B Prasada Rao said at the company's 51st AGM held here
Acknowledging that stalled projects have impacted the balance sheets of private sector companies, Jaitley said the proposed national investment and infrastructure fund would be a "great enabler" to attract investment as well as help repair the balance sheets of affected firms.
In an interview with CNBC-TV18, Reddy says the company‘s order book stands at a healthy Rs 3,600 crore, most of which are EPC based projects.
In an interview with CNBC-TV18, Bharat Madan, Group Financial Controller at Escorts says volume growth to remain low in the current quarter due to insufficient monsoon.
Speaking to CNBC-TV18, Abhishek Somany, Joint M D says 60 percent of the sales have come from joint ventures (JV) and outsourcing while 40 percent from manufacturing.
Larsen & Toubro (L&T) on Thursday said its construction arm has won Rs 1,885 crore worth contracts in June in the domestic and international markets.
According to analysts polled by CNBC-TV18, its construction revenue is expected to see only a mild uptick. Toll revenue may grow over 50 percent (Y-o-Y). Analysts are also hoping that traffic growth at Mumbai-Pune, Bharuch-Surat and revenue from newly commissioned project Amritsar Pathankot will further prep up revenues.
IGBC, a part of the industry body Confederation of Indian Industry (CII), involved in promoting the green building movement in India hopes to rope in 10 billion sq ft by 2022.
Mahantesh Sabarad, deputy VP - Research, SBICap Securities likes the construction space and is bullish on Ashoka Buildcon and Sadbhav Engineering.
V-Guard targets a revenue growth of about 15 percent where average realizations for copper division is down by 10 percent year on year basis.
The real estate market in Mumbai could well be entering a freeze zone for the next four months. With the old version of the city's development plan being scrapped and the new one several months away, realty experts and builders are bracing for a lull in both construction activity and land deals, reports CNBC-TV18‘s Alexander Mathew.
Tata Group's infrastructure arm Tata Projects wants a bigger footprint for its one-year old social infrastructure vertical. So it has joined hands with global construction major Brookfield Multiplex to build commercial, retail and healthcare projects in India, report CNBC-TV18's Prerna Baruah and Kritika Saxena.
New Delhi having the world‘s worst air forces the green tribunal to swing into action. Bans all construction activity in the capital and its suburbs unless builders follow the 20:10 rule of the environment ministry.
"We highlight several projects which could take UltraTech‘s capacity from current 75 million tonne to 100 million tonne," says Credit Suisse.
Developers say one proposed law in the bill has caught them on the wrong foot: the Real Estate Regulatory Bill requires them to deposit 50 percent of funds received from buyers in an escrow account, and which will be utilized only for construction purposes.
The Cabinet‘s decision on Tuesday to approve creation of a real estate regulator is positive for the sector over the long term as it will increase transparency, HDIL MD Sarang Wadhavan told CNBC-TV18‘s Latha Venkatesh and Sonia Shenoy in an interview.
Further, the government or authorities will regulate entry of vehicles at NCR borders. The National Green Tribunal has also directed authorities in Delhi, Haryana and Uttar Pradesh to submit details of vehicles plying on city roads.
20:80 home loan schemes for funding under construction project are back to attract property buyers with some changes. Here are the advantages and disadvantages of these schemes for stakeholders in real estate business.
Anil Manibhai Naik has dedicated 50 years of his life to Larsen and Toubro (L&T), engineering many successful subsidiaries across construction, manufacturing and financial services and building a truly multinational conglomerate headquartered in Mumbai.
On minimum capitalisation, Department of Industrial Policy and Promotion (DIPP) has said that no new foreign direct investment (FDI) will be allowed if the minimum cap of USD 5 million is not achieved within six months.
In an interview with CNBC-TV18‘s Latha Venkatesh and Reema Tendulkar, YD Murthy, Exec VP - Finance, NCC, said the government was looking to tweak the public-private partnership (PPP) model for infrastructure projects, as outlined by Finance Minister Arun Jaitley during the Budget.
"Overall the first half of FY15 was very weak for corporate growth relative to historic trends. While there has been some pick-up in Q3, the seasonality in growth is less pronounced and going by January trends, looks like industrial growth will disappoint significantly," Nomura said in a research report.
Anand Tandon, Market Expert is of the view that one may look at construction companies.
Escorts posted a 21.5 percent decline in its third quarter net profit to Rs 35.7 crore impacted by lower revenue and operating income in tractor business.