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Construction & Infrastructure News

Castrol India to invest Rs 1.4 bn at Silvassa plant

January 2019

The Castrol India Board has approved an expansion investment plan of about Rs 1.40 billion at its Silvassa plant. This investment, spread over the ne...

Castrol, Lubricants, Financial results, Investment

Escorts posts 52.3 per cent net profit growth in Q3

January 2019

Escorts reported a profit of Rs 1.401 billion in the quarter ending December 31, 2018, up by 52.3 per cent as against a profit of Rs 0.92 billion in ...

Escorts, Net profit, Financial results, Construction equipment, Tractors, Railways

Mumbai can be a global city only if it is slum free, says Maharashtra CM Devendra Fadnavis

December 2018

Maharashtra Chief Minister Devendra Fadnavis outlined his vision for the financial capital of India at Project Mumbai’s Mumbai 2.0 conference, in ass...

Financial, Project, Devendra Fadnavis, Civil Industry

Penna Cement files Rs.15.5 bn IPO

December 2018

Penna Cement Industries has filed an IPO with capital markets regulator SEBI to raise Rs 15.5 bn. The IPO reportedly comprises fresh issuance of shar...

Penna Cement Industries, SEBI, Edelweiss Financial Services, IIFL Holdings, JM Financial, YES Securities

IRB Infra posts Q2 net growth

December 2018

IRB Infrastructure Developers (IRB) announced unaudited financial results for second quarter and first half of the FY19. ...

Virendra D Mhaiskar, IRB, Infrastructure, Financial Result

Tata-Siemens consortium wins bid for Pune Metro project

October 2018

The consortium of TRIL Urban Transport (a Tata Group Company), and Siemens Project Ventures GmbH (subsidiary of Siemens Financial Services), has been...

TATA, Siemens Financial Services, Pune, TRIL

Srei reports steep profit growth in Q1

September 2018

Srei Infrastructure Finance (Srei) has reported a consolidated profit after tax (PAT) of Rs 139.55 crore during the quarter ended June 30, 2018 as co...

Srei, Finance, Infrastructure, Financial result

LARSEN & TOUBRO

September 2018

If the Indian infrastructure sector had a 'poster boy', it would have to be Larsen & Toubro! Since inception, L&T has witnessed many challenging busi...

Infrastructure, Larsen & Toubro, Technology, Engineering, Construction, Manufacturing, Financial services, L&T Technology Services, L&T Infotech, L&T Finance Holdings
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