IRB Infrastructure obtain on getting Project of amount Rs 3,200-cr from NHAI
IRB Infra is trading higher by 4% to Rs 122 on the BSE after the company said it has been awarded an order worth approximately Rs 3,200 cr from National Highways Authority of India (NHAI). The company...
View ArticleRailway Shares destroy on Profit Booking
Railway shares for example Kalindee Train Nirman, Titagarh Wagons and Kernex Microsystems & Hind Rectifiers have plunged by up to 9% due to profit-booking on the BSE. Most of these shares have seen...
View ArticleAlstom Group Stocks in Concentrate on Plans to Divest Non-Core Assets
Mumbai: Stocks of Alstom Group Companies – Alstom India Limited & Alstom T&D India have rallied up to 18% after parent Company Alstom declared that it has obtained a binding provide from...
View ArticleBse Real Estate Index Tanks 6%; Dlf Force 9%
Stocks of real estate companies are under selling pressure falling by up to 11% in delayed noon deal on the bourses. Unitech, DLF, Anant Raj Industries, Housing Development & Infras (HDIL), India...
View ArticleProperty Majors’ stocks break under Political Pressure
Mumbai: Stocks of New Delhi-based realty majors DLF & Unitech came under heavy selling stress on Wednesday, falling 8 % each, the most in 3 months. Market players said the sell-off could have been...
View ArticleGMR Obtain RS 1,740 cr from Divestment of Istanbul Airport
GMR Infrastructure, on Wednesday said it has obtained Rs 1,740 cr (Euro 209 Million) as culmination of divestment of its 40 % value share in Istanbul Sabiha Gökçen Uluslararasi Havalimani Yatirim,...
View ArticleJSW Energy Seems Booming ahead
Despite a dismal March quarter, JSW Energy’s prospects are positive due to expectations of a better revenue mix, stability in merchant power rates, the rising clarity on fuel availability & higher...
View ArticleIOC to break down the 50% Panipat Refinery from May 8
Indian Oil Corp, the country’s biggest refiner, plans to close half of its 300,000 barrels per day (bpd) Panipat refinery from Thursday for about 40 days as it plans major maintenance work at some of...
View ArticleKerala mulls over regulating real estate
CHENNAI: In a bid to streamline the Real Estate sector, Kerala Government was mulling introduction of a slew of measures, including setting up of a real estate authority and online facility for plan...
View ArticleHigh Expectations from new Govt
New Delhi: Like most other business sectors, the Indian real estate market holds its breath for a stronger and more determined government. The perception which is currently driving market sentiments is...
View ArticleGovt planning to launch 35 new projects for shipping infrastructure
NEW DELHI: The Ministry of Shipping is planning to launch 35 new projects worth Rs 13,700 crore. Apart from this, the ministry is also contemplating to add about 259 million tone capacity during 2014....
View ArticleMRVC submits feasibility report for RRTS in Kerala
Thiruvananthapuram: The feasibility study report on the proposed Rapid Rail Transit System (RRTS) from Thiruvananthapuram to Chengannur in Kerala, has been submitted by the Mumbai Railway Vikas...
View ArticleAshiana Housing to launch retirement housing projects in three more cities
MUMBAI: Ashiana Housing, which pioneered the retirement housing complex in India, is looking forward to expanding its retirement housing segment in three more cities in the next three years. The...
View ArticleBumpy rides for iron ore miners in Goa
New Delhi : The Supreme Court recently revoked its 19-month-old ban on iron ore mining in Goa but restricted the extraction to 20 million tonnes per annum. Before the ban, around 40 million tonnes of...
View ArticleAutodesk unveils 2015 Design Suite for Indian market
New Delhi: To provide unsurpassed value to the customers, Autodesk recently unveiled its Autodesk 2015 Design Suites in India thereby expanding its portfolio and tighter integration with Autodesk 360...
View ArticleSCHWING Stetter sets up its F-75 Fabrication Unit
Chennai: One of the leading concrete equipment manufacturers SCHWING Stetter has set up its highly customized F-75 Fabrication unit at the SCHWING manufacturing unit at Irungattukottai, Sriperumbadur....
View ArticleGrowth in infrastructure sector dips to 2.5%
New Delhi: The core infrastructure sectors – fertilizers, cement, steel, electricity, crude oil, coal, petroleum refinery and natural gas – growth has plunged to 2.5% in March compared to 7% in the...
View ArticleInfrastructure development crucial to spur Cement Demand
Strong economic growth has spurred a significant increase in India’s cement demand over the past two decades. Although the demand growth has tapered off in the past few years, the long term potential...
View ArticleKumar Mangalam Birla plans to increase share in Century Textiles
Mumbai: The chairman of the $40-billion Aditya Birla Group, Kumar Mangalam Birla, is predicted to purchase a significant share in Century Textiles and Industries, possessed by his grandfather, B K...
View ArticleGodrej Properties Ltd is Develop new Housing Projects in Gurgaon
NEW DELHI: Godrej Properties Ltd has connected up with a place owner to develop a new housing project in Gurgaon. “Godrej Qualities has added a new project in Gurgaon to its development portfolio. The...
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