Construction

Vedanta CFO likely to quit months after joining firm: Report – ET Infra

Leave a Comment / Construction / By

[ad_1] Vedanta Ltd. may lose its third chief financial officer in as many years just as the mining conglomerate controlled by billionaire Anil Agarwal heads into an ambitious restructuring of its businesses, according to people familiar with the matter. Sonal Shrivastava, who joined the company in June, informed Agarwal about her decision to leave last […]

Vedanta CFO likely to quit months after joining firm: Report – ET Infra Read More »

‘Cement and road construction companies to stay on our watchlist’ – ET Infra

Leave a Comment / Construction / By

[ad_1] Mayuresh Joshi, Head-Equity Research – India, William O Neil, says “as prices recover on the LME with China demand expected to come back in the next financial year, even the top-line growth in terms of realisations for a lot of ferrous players will continue to gain traction in the next year and a half

‘Cement and road construction companies to stay on our watchlist’ – ET Infra Read More »

Groundbreaking for Tata Steel’s EAF plant held in Ludhiana – ET Infra

Leave a Comment / Construction / By

[ad_1] JAMSHEDPUR: The Tata Steel recently held the groundbreaking for its upcoming 7,50,000 tonne per annum scrap-based electric arc furnace (EAF) plant in Ludhiana. Punjab chief minister Bhagwant Mann performed the ceremony in the presence of CEO and MD, Tata Steel, T V Narendran. This is Tata Steel’s first low-carbon green steel plant in India.

Groundbreaking for Tata Steel’s EAF plant held in Ludhiana – ET Infra Read More »

JSW Steel closes Q2 with Rs 2,913 crore profit – ET Infra

Leave a Comment / Construction / By

[ad_1] In a regulatory filing, the company said for the quarter ended September 30, it had earned an operational revenue of Rs 33,738 crore (Q2FY23 Rs.34,494 crore) and a net profit of Rs 2,913 crore (net loss Rs 91 crore). According to the company, the growth was largely due to volumes and partially offset by

JSW Steel closes Q2 with Rs 2,913 crore profit – ET Infra Read More »

JSW Steel returns to black; reports Rs 2,773 cr net profit in Jul-Sep – ET Infra

Leave a Comment / Construction / By

[ad_1] NEW DELHI: JSW Steel on Friday reported returning to black as it posted a consolidated net profit of Rs 2,773 crore for the July-September quarter on the back of higher income. The steelmaker had suffered a loss of Rs 915 crore in the second quarter of the last financial year. The total income increased

JSW Steel returns to black; reports Rs 2,773 cr net profit in Jul-Sep – ET Infra Read More »

Adani signs pact to refinance $3.5 bn loan for Ambuja Cement acquisition – ET Infra

Leave a Comment / Construction / By

[ad_1] Billionaire Gautam Adani-led Adani Group has signed an agreement to refinance $3.5 billion of loans which the conglomerate had taken to acquire ACC Ltd and Ambuja Cement, the company said in a statement on Friday. “The re-financing programme of USD 3.5 billion has been concluded with a clutch of international banks with debt maturity

Adani signs pact to refinance $3.5 bn loan for Ambuja Cement acquisition – ET Infra Read More »

Noida airport project reaches Aligarh border as UP adds 1,200 hectares – ET Infra

Leave a Comment / Construction / By

[ad_1] NOIDA: The UP government has decided to increase the size of the Noida International Airport (NIA) and aviation hub by 1,200 hectares, taking the total area to be developed to over 7,750 hectares. With the addition of this land chunk, the airport’s boundary will extend to the borders of Aligarh district, where a multimodal

Noida airport project reaches Aligarh border as UP adds 1,200 hectares – ET Infra Read More »

High-level committee to examine Teesta Stage III dam: Sikkim CM – ET Infra

Leave a Comment / Construction / By

[ad_1] The Sikkim government has decided to form a high-level committee to examine the Teesta Stage III dam breach which was triggered by a sudden cloud burst and flash flood on October 4, Chief Minister Prem Singh Tamang said. The state cabinet meeting held on October 17 decided to form a high-level committee comprising technical

High-level committee to examine Teesta Stage III dam: Sikkim CM – ET Infra Read More »

Deutsche Bank sets emissions targets for coal, cement, shipping clients – ET Infra

Leave a Comment / Construction / By

[ad_1] LONDON: Deutsche Bank has set emissions reduction targets for loans to clients in the coal mining, cement and shipping sectors and now has a net-zero plan for 55% of its financed emissions, its chief sustainability officer told Reuters. A key funder to polluting sectors, Germany’s biggest lender, like many of its peers, is under

Deutsche Bank sets emissions targets for coal, cement, shipping clients – ET Infra Read More »

NCLT approves Tata Steel Long Products’ amalgamation with Tata Steel – ET Infra

Leave a Comment / Construction / By

[ad_1] NEW DELHI: Tata Steel Long Products Ltd on Thursday said the National Company Law Tribunal (NCLT) has approved the amalgamation of the company with Tata Steel Ltd. Tata Steel is to merge Tata Steel Long Products and six other subsidiaries with itself. In a regulatory filing, Tata Steel Long Products said the NCLT’s Cuttack

NCLT approves Tata Steel Long Products’ amalgamation with Tata Steel – ET Infra Read More »