Aug 24, 2021 08:43 AM IST
Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways.
- Apr 02, 2021 06:11 PM IST
Harsh Shah, Chief Executive Officer, IndiGrid, spoke to Moneycontrol on the rights issue, future plan of the company, amendment to Sebi regulations and the potential of InvITs and Real Estate Investment Trusts. IndiGrid is now planning a rights issue that will open on April 6 and close on April 13.
- Feb 01, 2021 12:07 PM IST
Finance Minister Nirmala Sitharaman, while reading out the Union Budget 2021-22, stated that the Centre will also provide Rs 2 lakh crore to states and autonomous bodies for capex.
- Apr 10, 2017 12:45 PM IST
"The power transmission and distribution business of L&T Construction has won its single-largest order from its esteemed customer Kahramaa, Qatar General Electricity and Water Corporation for its ongoing Qatar electricity transmission and network expansion," the company said in a BSE filing today.
- Jan 10, 2017 01:01 PM IST
In an interview to CNBC-TV18 Sharan Bansal, Director, Skipper limited said the buyers were L&T Mutual Fund and the deal was sealed after being in discussions for a long time. He added that the promoters were aiming at bringing value investor onboard and that they are not looking to divest any more.
- Mar 29, 2016 11:17 AM IST
Sterlite will use the funds to pare debt and meet capital expenditure needs, add sources.
- Mar 20, 2016 04:28 PM IST
The Kolkata-based firm, which is also engaged in manufacturing of PVC pipes and fittings, is betting big on the government's Swachh Bharat Abhiyan and smart cities programme and expects the contribution from this business to grow by up to 25 per cent from the current 8 per cent.
- Nov 26, 2015 12:57 PM IST
"The power transmission and distribution business of L&T Construction won orders worth Rs 1,038 crore in international and domestic markets in November 2015," the company said in a BSE filing.
- Sep 08, 2014 04:04 PM IST
To hell and back sums up of the story of KEC International, an EPC major engaged in power T&D, cables, railways and water businesses. Ramesh Chandak, MD & CEO of this 70-year-old RPG Group company, talks about the challenges of turning around this company, which was almost written off and growing it 16-fold in 14 years‘ time.
- Aug 21, 2014 03:48 PM IST
It bagged Rs 1,008 crore worth orders in its buildings and factories business, Rs 624 crore worth contracts in the power transmission and distribution segment from the international market and Rs 200 crore orders in the heavy civil infrastructure business.
- Nov 18, 2013 04:33 PM IST
The 311 kms Pune-Parli line is part of the Western Region System Strengthening Scheme project and will connect key industrial centres of Maharashtra like Pune, Aurangabad and Beed.
- Nov 01, 2013 02:11 PM IST
Total income of the company during the period stood at Rs 816.8 crore as against Rs 585.7 crore in the same period last fiscal.
- Jul 01, 2013 06:04 PM IST
A major order came from the water resource department of Jharkhand for constructing the Kharkai barrage.
- Jan 31, 2013 03:57 PM IST
Engineering major Larsen & Toubro today said it has secured orders worth Rs 1,401 crore in the current month from both India and abroad.
- Apr 03, 2012 12:52 PM IST
Bharat Heavy Electricals (BHEL) has announced its provisional numbers for FY12 and Q4FY12. The company's FY12 turnover was up 14% at Rs 49301 crore versus Rs 43337 crore, year-on-year, YoY.
- Jan 31, 2012 05:00 PM IST
KEC International's consolidated net profit for the third quarter rose 40% year-on-year to Rs 81 crore, helped by one time gain from sale of a land in Navi Mumbai. However, margin pressure remained during the quarter and that hurt EBITDA (earnings before interest, taxes, depreciation and amortization).
- Jan 25, 2012 10:13 AM IST
Power Infrastructure and engineering company KEC International is betting big on new businesses like railways and water, even as it continues to chase orders in the power transmission sector, which accounts for a major share of its revenues.
- Dec 23, 2011 12:43 PM IST
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.
- Sep 19, 2011 06:21 PM IST
Electricity regulators are working to commission a study on power transmission and distribution losses, a key factor hurting the health of power distribution companies.
- Aug 22, 2011 05:00 PM IST
Sujana Towers is targeting a topline of Rs 5,000 crore and a bottomline of Rs 500 crore in the next four years. For this, the company is planning to raising about Rs 1,500 crore by way of debt and equity in the time span of in the next 18-24 months.
- Jun 21, 2011 12:16 PM IST
Larsen & Toubro's construction division has won Rs 1,366 crore worth EPC (engineering, procurement and construction) orders in the power transmission and distribution space from GCC (Gulf Cooperation Council) countries.
- Apr 08, 2011 09:40 AM IST
Power transmission firm KEC International has forayed into the water business and has received a Rs 31 crore order from the water resources department of Madhya Pradesh.