Construction

Fix deadlines for airport shorter route: Punjab HC-appointed panel – ET Infra

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[ad_1] CHANDIGARH: The Punjab and Haryana high court-constituted committee on the shorter route from Chandigarh to Shaheed Bhagat Singh International Airport has instructed Punjab, Chandigarh and other authorities involved in the project to come up with definitive land acquisition plans, costs and timelines by next week. The directions were given in a meeting of the

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Steel companies raise concern over imports from South Korea, China – ET Infra

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[ad_1] The domestic steel industry has drawn the government’s attention to imports from South Korea and China saying the consequent lowering of prices is hurting local producers. Imports of steel products from China surged during the first quarter of this financial year, even as South Korea remained the highest steel exporter to India despite a

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Adani group EBITDA grows 42% YoY in Q1 – ET Infra

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[ad_1] Billionaire Gautam Adani‘s conglomerate clocked a 42 per cent year-on-year growth in pre-tax profit, as businesses ranging from airports to power and sea ports registered impressive growth, the group said on Wednesday. All-time high EBITDA of Rs 23,532 crore in April-June was almost equal to the full-year FY19 (April 2018 to March 2019 fiscal

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Ambuja Cements’ open offer for Sanghi Industries from September 29 – ET Infra

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[ad_1] NEW DELHI: Adani group-owned entity Ambuja Cements‘ open offer to acquire 26 per cent equity from the public shareholders of Gujarat-based cement maker Sanghi Industries would commence from September 29, according to a document. Ambuja Cements Ltd (ACL) would buy 26 per cent equity shares of Rs 10 each of Sanghi Industries from its

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Tata sees demand for its anti-microbial steel in global market – ET Infra

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[ad_1] Tata Steel Ltd. has developed a coating for steel surfaces that has antimicrobial properties, a senior executive of the steel maker told ET. The coating retains its antimicrobial property for more than 15 years, Subodh Pandey, vice-president for operations at Tata Steel Meramandali, said, adding that the company is looking to patent the formulation.

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L&T bags contract worth up to Rs 2.5k cr for Australia’s Urea Plant – ET Infra

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[ad_1] Larsen & Toubro on Monday said its energy hydrocarbon business has bagged a contract from the Saipem & Clough JV (SCJV), Australia, for fabrication and supply of process and pipe rack modules for a 2.3 mmtpa urea plant for Perdaman Chemicals and Fertilisers. The value of the order is between ₹1,000 crore and ₹2,500

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Adani Group companies’ net profit surges 70% – ET Infra

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[ad_1] MUMBAI: Adani group companies have seen their combined net profit surge nearly 70% on year in the June quarter, helped by robust performance in the ports, power and green energy businesses. Strong operational performance helped boost the group’s net profit, although overall sales saw a decline during the quarter. The comparative performance excludes the

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KEC International secures new orders worth Rs 1,007 crore – ET Infra

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[ad_1] Engineering firm KEC International has bagged new orders worth Rs 1,007 crore, including for the construction of a multi-speciality hospital. Its civil business vertical secured an order for design, engineering, procurement and construction of a multi-speciality hospital in eastern India, the company said in a regulatory filing on Friday. The company’s transmission and distribution

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Over 250 exhibitors to showcase solutions at Delhi Machine Tool Expo – ET Infra

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[ad_1] NEW DELHI: Over 250 exhibitors are expected to participate and display their technology solutions at Delhi Machine Tool Expo (DMTX 2023) to be held here next week, according to a statement. The fourth edition of the Delhi Machine Tool Expo (DMTX 2023) organised by the Indian Machine Tool Manufacturers’ Association (IMTMA), will be held

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