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  • Expect 24-25% improvement in order inflow in FY18: Thermax

    January Index of Industrial Production (IIP) was strong at 7.5 percent and capital goods showed a sharp increase by 14.6 percent. In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax gave a check of the ground realities.

  • GST implementation: A ground check

    GST implementation: A ground check

    In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax and Anil Gupta, CMD of KEI Industries spoke about the teething problems occurring post the implementation of goods and services tax (GST) and how long it will last.

  • See more international orders than domestic; to better topline in FY18: Thermax

    See more international orders than domestic; to better topline in FY18: Thermax

    Traction in orders in India have been seen in the food industry, beverages, automobile, and auto ancillary, said MS Unnikrishnan, MD, Thermax.

  • Thermax eyeing acquisition opportunities in European mkts; aim to improve topline

    Thermax eyeing acquisition opportunities in European mkts; aim to improve topline

    Confident of seeing an improvement in the topline in FY18, said MS Unnikrishnan, MD & CEO, Thermax.

  • Why Marico's Harsh Mariwala purchased 4 lakh L&T Finance shares

    Why Marico's Harsh Mariwala purchased 4 lakh L&T Finance shares

    Have bought 4 lakh shares of L&T Finance Holdings at an average price of Rs 80 per share, over a period of time, said Harsh Mariwala, Chairman, Marico.

  • GST will help exports for capital goods industry: Thermax

    GST will help exports for capital goods industry: Thermax

    In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax said that 18 percent goods and services tax (GST) should certainly bring down tax rate.

  • Thermax wants to keep double-digit profits, shun big projects

    Thermax wants to keep double-digit profits, shun big projects

    Speaking to CNBC-TV18's MS Unnikrishnan, MD & CEO of Thermax said Brexit will have short-term ramifications.

  • Investment cycle to revive by FY18 for infra, power ind: Thermax

    Investment cycle to revive by FY18 for infra, power ind: Thermax

    Thermax MD MS Unnikrishnan said the industry may not see a full recovery in sectors like power, cement, steel, oil and gas and fertilisers.

  • No ground level investment growth in cap goods ind: Thermax MD

    No ground level investment growth in cap goods ind: Thermax MD

    MS Unnikrishnan, MD at Thermax points out that orders carried into the current year were substantially lower and new order inflow has also been subdued.

  • Budget 2016: Top infra cos discuss their expectations in Ideas for India

    Budget 2016: Top infra cos discuss their expectations in Ideas for India

    In CNBC-TV18's special series -- 'Ideas for India' -- Shankar Raman, Director-Finance, L&T; Anil Sardana, MD, Tata Power and MS Unnikrishnan, CEO, Thermax India talk about their Budget expectations on infrastructure spending by the government.

  • See export recovery in two-years; US most stable: Thermax

    See export recovery in two-years; US most stable: Thermax

    According to Unnikrishnan, MD, Thermax, exports would only bounce back when global investors were confident of stability in economies world over.

  • Will maintain margins, but pricing a problem now: Thermax

    Will maintain margins, but pricing a problem now: Thermax

    The company is currently preparing to make Indonesia its base of operations in the South-East Asian market.

  • Thermax to buy 33% stake in First Energy; deal to be phased

    Thermax to buy 33% stake in First Energy; deal to be phased

    On future acquisitions, Unnikrishnan says Thermax is focusing on biomass and alternate energy recourses for inorganic growth, both domestically and internationally

  • Greece exposure low; local business yet to pick up: Thermax

    Greece exposure low; local business yet to pick up: Thermax

    In an interview with CNBC-TV18, MS Unnikrishnan, Managing Director of Thermax said that they do not have major market share in Greece and won't be impacted majorly by the crisis.

  • Order inflows may not improve much in next 2 qtrs: Thermax

    Order inflows may not improve much in next 2 qtrs: Thermax

    The overall capacity utilisation of the company is hovering around 60-65 percent.

  • Autos, FMCG orders to pick-up early next year: Thermax

    Autos, FMCG orders to pick-up early next year: Thermax

    MS Unnikrishnan, managing director, Thermax, says the sectors whose growth is dependent on government policies- like power, steel, cement, oil and gas will see orders pick up post a year and a half.

  • New govt must ensure more investor-friendly norms: Thermax

    New govt must ensure more investor-friendly norms: Thermax

    MS Unnikrishnan feels the new government should bring policy-conducive environment to ease land acquisition. There‘s a need to cut down on the number of clearances for projects and interest rates should be lowered to prop up the investment climate.

  • Current rally based on speculations: Thermax

    Current rally based on speculations: Thermax

    The current good run is based on the calculations by the market that investment cycle is going to catch on. However, there has been no change on the ground level, says MS Unnikrishnan.

  • See some improvement in capex, but not a jump: Thermax

    See some improvement in capex, but not a jump: Thermax

    The company‘s margins are unlikely to improve in the second half of this financial year unless orders pick up, says MS Unnikrishnan, MD, Thermax.

  • Sentiment revival in cap good sector 2-3 qrts away: Thermax

    Sentiment revival in cap good sector 2-3 qrts away: Thermax

    Growth in key economic sectors like cement, steel and refinery continues to be sluggish, says MS Unnikrishnan, MD, Thermax.

  • Utilise competitive benefits, export more: Thermax

    Utilise competitive benefits, export more: Thermax

    MS Unnikrishnan, MD, Thermax says rupee depreciation makes export orders competitive for capital goods companies and one can help combat increasing input costs by that.

  • No big orders in system; rupee impacting margins: Thermax

    No big orders in system; rupee impacting margins: Thermax

    In an interview to CNBC-TV18, MS Unnikrishnan, MD, Thermax speaks on winning their petrochemical order of Rs 1700 crore. He expects the project to be completed in 29 months.

  • Thermax uses Private Cloud to manage data security issues

    Thermax uses Private Cloud to manage data security issues

    Thermax, Chief Information Officer- Anil Nadkarni speaks to moneycontrol.com on how he navigates through the various IT challenges that he faces and the role of cloud.

  • Steel, cement sectors disappointed in April: Thermax

    Steel, cement sectors disappointed in April: Thermax

    Capital goods industry mirrors slowdown in steel, cement and infra sectors

  • Don't expect revival in power sector orders soon: Thermax

    Don't expect revival in power sector orders soon: Thermax

    Capital goods maker Thermax does not see recovery in orderflow in near term.

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