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KNR Constructions bags orders worth of Rs. 937.08 crores

India Infoline News Service | Mumbai | April 17, 2015 19:11 IST

The company has bagged an orders in the State of Tamil Nadu under NHDP Phase-III on EPC mode to be completed within a period of 30 months from the appointed date.

All you need to know about India's first Smart City

India Infoline News Service | Mumbai | April 17, 2015 19:01 IST

The project will be called Gujarat International Finance Tech City and will also double up as a finance center including services like stock broking, taxation and banks. The project is tied up with IL&FS engineering and construction, it is touted to give competition to the financial hub of India - Mumbai as well as Dubai and Singapore.

Infrastructure Newsletter - April 13 to 17, 2015

India Infoline News Service | Mumbai | April 17, 2015 11:02 IST

The revival in the infrastructure space has been quite slower than expectations over the last six months. With a change in guard at the centre, markets expected the revival to kick in from H2 FY15.

MEP Infra IPO to open on April 21

India Infoline News Service | Mumbai | April 17, 2015 09:06 IST

Report said that the company plans IPO with a public issue of equity shares worth up to Rs 324 crore.

WEFs three recommendations on urban development for inclusive growth in India

India Infoline News Service | Mumbai | April 16, 2015 20:33 IST

The primary goal of spatial planning is to integrate housing, strategic infrastructure and urban infrastructure, and improve national and local governance in the context of urban development.

HCC to sell 60% stake in Dhule to Sadbhav: Arjun Dhawan

India Infoline News Service | Mumbai | April 16, 2015 19:07 IST

When HCC started development of this project, they had 37 percent stake in Dhule Palesner Tollway. Since then the company consolidated the stake of John Laing Investment, one of HCC's JV company, which took the stake up to 60 percent.

HCC stock surges on stake sale

India Infoline News Service | Mumbai | April 16, 2015 16:43 IST

HCC Concessions Ltd announced the sale of its stake in Dhule Palesner Tollway Ltd to the Sadbhav Group, HCCs JV partner in the project, for Rs.204 crore

Gammon India stock rallies 12% on order win

India Infoline News Service | Mumbai | April 16, 2015 16:27 IST

The company bags two orders worth Rs. 840.66 crore.

Infrastructure Q4 Preview: Revival slower than expected

India Infoline News Service | Mumbai | April 16, 2015 14:41 IST

Pressure on L&Ts margins is expected to continue for the quarter due to lower contribution from the oil & gas space and businesses like power and metallurgical remaining underutilized.

Alstom T&D India to provide transmission equipment for BARCs Challakere unit

India Infoline News Service | Mumbai | April 16, 2015 14:14 IST

Alstom T&D India has secured a 8.5 million (INR 569 million) order from Bhabha Atomic Research Centre (BARC)[1] to provide a 220/11kV, 25/31.5 MVA substation for its Challakere unit in Chitradurga, Karnataka.

BHEL commissions 2,400 MW OP Jindal Thermal Power Plant

India Infoline News Service | Mumbai | April 16, 2015 13:38 IST

The unit has been commissioned at Jindal Power Ltd OP Jindal STPP located at Tamnar in Raigarh district of Chhattisgarh.

Ashoka Buildcon eyes double digit traffic growth in Q4

India Infoline News Service | Mumbai | April 16, 2015 11:49 IST

The company has raised Rs. 500 crore from a share sale to institutional investors. Axis Bank, ICICI Securities, IDFC Securities and Macquarie Capital were the managers of the issue.

HCC Concessions to sell stake in Dhule Palesner Tollway

India Infoline News Service | Mumbai | April 16, 2015 10:08 IST

HCC Concessions is also expected to realize an estimated amount of Rs.24 crore from additional claims to be made to the NHAI, towards this project.

Gammon India bags 2 projects

India Infoline News Service | Mumbai | April 16, 2015 08:53 IST

The company has bagged order worth Rs 516.73 Crores.

Reliance Industrial Infra Q4 net profit dips 15%

India Infoline News Service | Mumbai | April 16, 2015 08:44 IST

The total revenue rose to Rs 25.55 crore for the fourth quarter of the fiscal ending March 31, 2015.

Servion Global Solutions appoints Ashish Koul as Senior VP and GM

India Infoline News Service | Mumbai | April 15, 2015 16:39 IST

Servion Global Solutions, a specialist in the Customer Interaction Management (CIM) solutions, appoints Ashish Koul as the Senior Vice-President and General Manager for Product Engineering and Digital (PED) Services Business.

BHEL slips 5% on divestment plans

India Infoline News Service | Mumbai | April 15, 2015 16:20 IST

The government is likely to soon announce the 5 percent divestment plans in the company. The stock opened at Rs. 242 as against the previous close of Rs. 243 on NSE. It has hit a high of Rs. 244 and a low of Rs. 232.40 on NSE today.

Ashoka Buildcon hits record high

India Infoline News Service | Mumbai | April 15, 2015 15:58 IST

The company's board fixed a floor price of Rs 185.05 per share for the QIP issue. Last year, the company's shareholders had approved a proposal for raising up to Rs 850 crore through the QIP route.

Suzlon ends flat as open offer begins

India Infoline News Service | Mumbai | April 15, 2015 15:57 IST

The promoter group has offered to buy 26 percent additional stake in the company for an investment of Rs. 2,837 crore, i.e. at Rs. 18 per share.

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