Construction

IL&FS Engineering to pare debt after asset sale – ET Infra

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[ad_1] Mumbai: IL&FS Engineering and Construction Company plans to redeem its optionally convertible redeemable preference shares and non-convertible shares and reduce debt by more than ₹300 crore following the sale of its Bangalore Elevated Tollway to private equity firm KKR. Private equity firm KKR completed the acquisition of a 100% stake in Bangalore Elevated Tollway

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Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra

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[ad_1] MUMBAI: Adani Cement‘s profitability is set to improve by as much as 45-50% over the next five years as it builds new capacities with a substantial cost advantage, while strategic initiatives boost the profitability of its existing plants, chief executive officer Ajay Kapur said. “The Ebitda (earnings before interest, tax, depreciation and amortisation) (per

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Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra

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[ad_1] MUMBAI: Adani Cement‘s profitability is set to improve by as much as 45-50% over the next five years as it builds new capacities with a substantial cost advantage, while strategic initiatives boost the profitability of its existing plants, chief executive officer Ajay Kapur said. “The Ebitda (earnings before interest, tax, depreciation and amortisation) (per

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JK Lakshmi investors reject raising inter-corp transaction limit proposal – ET Infra

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[ad_1] Shareholders of JK Lakshmi Cement Ltd (JKLC) have rejected a special resolution for increasing inter corporate transaction limit to Rs 10,000 crore. The special resolution, which sought shareholders’ approval for increasing the limit under section 186 of the Companies Act 2013 for making investments, giving loans, providing guarantees, etc – could get only 71.10

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JK Lakshmi investors reject raising inter-corp transaction limit proposal – ET Infra

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[ad_1] Shareholders of JK Lakshmi Cement Ltd (JKLC) have rejected a special resolution for increasing inter corporate transaction limit to Rs 10,000 crore. The special resolution, which sought shareholders’ approval for increasing the limit under section 186 of the Companies Act 2013 for making investments, giving loans, providing guarantees, etc – could get only 71.10

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Patel Engineering, JV bag Rs 3,637 crore contract from NHPC – ET Infra

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[ad_1] Infrastructure company Patel Engineering Ltd along with its joint venture (JV) partner have bagged a Rs 3,637 crore order from state-owned NHPC in Arunachal Pradesh. In a regulatory filing, Patel Engineering said its share in the contract is Rs 1,818.56 crore. The company did not name its JV partner in filing. “Patel Engineering along

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Patel Engineering, JV bag Rs 3,637 crore contract from NHPC – ET Infra

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[ad_1] Infrastructure company Patel Engineering Ltd along with its joint venture (JV) partner have bagged a Rs 3,637 crore order from state-owned NHPC in Arunachal Pradesh. In a regulatory filing, Patel Engineering said its share in the contract is Rs 1,818.56 crore. The company did not name its JV partner in filing. “Patel Engineering along

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In 4 years, construction projects of Rs 3.17L cr launched in Gujarat – ET Infra

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[ad_1] AHMEDABAD: Gujarat has registered construction projects worth a total market value of Rs 3.17 lakh crore in the last four years, translating into 6,305 projects in residential, commercial and plotted development categories. Data compiled by the Confederation of Real Estate Developers’ Associations of India (Credai) also states that of the construction commitments of 91

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In 4 years, construction projects of Rs 3.17L cr launched in Gujarat – ET Infra

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[ad_1] AHMEDABAD: Gujarat has registered construction projects worth a total market value of Rs 3.17 lakh crore in the last four years, translating into 6,305 projects in residential, commercial and plotted development categories. Data compiled by the Confederation of Real Estate Developers’ Associations of India (Credai) also states that of the construction commitments of 91

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JSW Group working on plans to make its own EVs: Chairman – ET Infra

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[ad_1] JSW Group Chairman Sajjan Jindal on Friday revealed that JSW Group which is in talks with MG Motor India to enter the EV space, is meanwhile working on a parallel plan to make its own electric vehicles. “Discussions are underway with MG Motor,” Jindal said. “We are extremely serious about entering the EV space.

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