Somany Ceramics posted 19.85 per cent rise in net profit at Rs 10.14 crore for the quarter ended 31 March 2013, on the back of robust sales. It had posted a net profit of Rs 8.46 crore for the
Heidelberg Cement India has decided to sell its 0.6 million tonnes per annum (mtpa) cement grinding facility in Raigad to JSW Group "as a going concern on slump sale basis" for an undisclosed sum.
Amid a fresh grievance filed at IFC against the much-delayed Vizhinjam project, the head of the proposed port said the complaint will have no material impact as the Rs 4,000-crore port is bound by a
Srei Infrastructure Finance Ltd on 21 May stated that its board of directors has approved the raising of Rs. 1,500 crore through public issue of debentures in one or more tranches during the current fiscal year.
The Punjab chief minister Parkash Singh Badal approved the proposal for the repair of link roads covering 11,000 km at a cost of Rs.1700 crore across the state to be completed by June 2014. Badal was
Kolkata-based real estate developers, the Jain Group is planning to build affordable housing projects across four cities in East Indian, entailing a living space of five million square feet at an investment of
While reports were pouring in saying Reliance Infrastructure is in the process of exiting from mega projects worth Rs 20,000 crore due to delay in regulatory clearances, the company has clarified that it is
The Navi Mumbai airport project appears to be gaining some amount of momentum. The Maharashtra chief minister Prithviraj Chavan plans to meet people who will be displaced by the proposed Navi
The City Industrial Development Corporation (Cidco), the nodal agency for executing the Navi Mumbai International airport project, made a presentation to CM Prithviraj Chavan on 20 May on the
Gammon Infrastructure Projects has began discussions with international port operators for its Indira Container Terminal at Mumbai Port and replace its current partner, Spanish logistics firm Dragados.
The metro ride appears closer to people of Jaipur as early as August this year, as the first lot of four coaches arrived in the city from Bangalore on 20 May. Said Jaipur Metro Rail
Kohinoor group of Shiv Sena leader Manohar Joshi launched office spaces of 1,000-1,500 sq ft each at its The Chambers project at Kohinoor Square in the Dadar area on Akshay Tritiya day. Within few days,
Maharashtra will market its paramount position and invite Chinese investors in a big way into the state at a meeting slated between the visiting Chinese Premier Li Keqiang and Maharashtra Chief Minister
Godrej Properties, the real estate development arm of the Godrej Group, has entered into a Development Management Agreement with United Oxygen Company Private Limited, to develop their
India Cements Ltd (ICL), a cement-major has formed a new subsidiary to venture into infrastructure building during the fourth quarter. The company has already bagged orders worth Rs 120 crore during