OCL India Q2 profit soars 154% to Rs 86 crore
NEW DELHI (INDIA): Cement manufacturer OCL India Ltd today reported a 154 per cent rise in standalone net profit at Rs 85.71 crore for the quarter ended September 30, mainly… Read more »
Category: Allied Industries
KMC Constructions Rs 1274 crore project from NHAI
NEW DELHI (INDIA): The National Highways Authority of India (NHAI) has issued Letter of Award (LOA) for development of National Highway section in Himachal Pradesh under phase IV B of… Read more »
NHAI scraps Transstroy’s Rs 912 crore highway project
NEW DELHI (INDIA): Acting tough against developers failing to adhere to contract timelines, NHAI has scrapped a Rs 912-crore contract awarded to Transstroy Ltd for a highway project in Madhya… Read more »
Emami plans 15-20 MTPA cement capacity in five years
KOLKATA (INDIA): Diversified Emami group is planning to build a cement production capacity of 15-20 million tonnes over the next 3-5 years, an official said. “We aim to be among… Read more »
JSW Cement capacity expansion by 2018; forms JV with Aussie company
MUMBAI (INDIA): JSW Cement, part of the USD 11 billion JSW Group, has said it plans to complete expansion of its capacity to 17 million tonnes (MT) by April 2018… Read more »
UltraTech shareholders approve merger of JP Group’s cement biz
NEW DELHI (INDIA): UltraTech Cement today said its shareholders have approved the merger of the cement business of the debt-laden JP Group with itself. Earlier this year, the Aditya Birla… Read more »
JK Lakshmi Cement to raise up to Rs 500 crore via NCDs
NEW DELHI (INDIA): JK Lakshmi Cement said it plans to raise up to Rs 500 crore through private placement for which it will seek shareholders approval. “The Board shall consider… Read more »
Tata Steel’s UK operations still ‘not out of the woods’: CEO
LONDON: Tata Steel’s UK operations are still “not out of the woods” despite a “turnaround”, the company’s CEO has said. Bimlendra Jha, while addressing the International Dinner at Cardiff Castle… Read more »
MEP Infrastructure achieves financial closure for Rs 1,170 crore projects
MUMBAI: Toll road firm MEP Infrastructure Developers has achieved financial closure for two four laning of outer ring road projects in Nagpur valued at Rs 1,170 crore. The two projects… Read more »
India to help Bhopal, Indore Metro train projects
BHOPAL (INDIA): India’s Urban Development Minister M. Venkaiah Naidu on Monday announced that the central government will offer assistance to the Metro Train Projects in two major Madhya Pradesh cities of… Read more »