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AEML to bring additional 2000 mw power to Mumbai to plug outages, says CEO

AEML will increase renewable energy supply as part of Adani Group's commitment to lower carbon footprint, says Kandarp Patel.

Major Port Authorities Bill to give a fillip to PSU ports, say experts

TAMP has been a multi-member statutory body with a mandate to fix tariffs levied by major port trusts under the control of the Centre and private terminals

Vedanta Ltd consolidated Q3 net profit at Rs 3,017 crore, up 35% YoY

Net sales up on higher commodity prices, rupee depreciation, increased volumes at Zinc India and iron ore business

L&T arm wins contract for Mumbai-Ahmedabad High Speed Rail Corridor

The order worth Rs 1,400 crore involves two packages

Hindustan Zinc plans to increase earnings through diversification

The company will have its cadmium metal unit up and running by the first quarter of FY22

Will take up to a year before pvt sector opens purse to capex: L&T chief

The firm's MD & CEO, S N Subrahmanyan, says L&T has reached pre-covid levels and aims to become debt free

L&T consolidated Q3 PAT at Rs 2,467 crore, up 5% YoY on lower expenses

Consolidated Group order book at record high of Rs 331,061 crore as on Dec 31, 2020

UltraTech Cement Q3 net profit more than doubles to Rs 1,584 crore

Increased sales on pick-up in demand helped strengthen bottomline

Reliance Industries Q3 consolidated PAT at Rs 13,101 cr, up 12.5% YoY

Topline takes a hit by 21% as Covid-19 impacts operations, sales

Jindal Steel to enter container making biz to address domestic shortages

The company plans to manufacture containers at a price point lower than the landed cost of imported boxes

L&T arm wins transmission line orders worth up to Rs 5,000 cr in Bangladesh

A fast-growing economy in South Asia, Bangladesh has embarked on a plan to alleviate infra deficiencies and upgrade its power system to sustain the growth

Biz leaders see trade recovering from Covid faster than 2008 crisis: Study

Firms reallocating a third of their revenue from the first half of 2020 to re-modelling their supply chains

L&T arm wins contract worth up to Rs 5,000 cr from Rail Vikas Nigam

The scope of the project includes construction of tunnels, formation, construction shaft, and other ancillary works between Rishikesh and Karanprayag

Covid-19 impact: Companies bolster risk handling after a year of bouncers

Companies are focusing more on preparing for unexpected surprises after the shifts in 2020

Mining reforms: Industry gives a thumbs up, environment concerns remain

Under the proposed reforms, captive mines would be allowed to sell 50 per cent of the minerals excavated in a year

Domestic steel demand expected to contract by 9-11% in FY21: CRISIL

The Nationwide lockdown in April-May impacted manufacturing, hurting consumption of the alloy

Strong volumes seen leading Q3 revenues for domestic cement players

Weak pricing, higher cost of production to hurt EBITDA/tonne of large players

Reliance Infra sells 74% stake in PKTCL worth Rs 900 cr to IndiGrid

The deal was announced in November 2020

L&T Hydrocarbon Engineering bags offshore contract from state-owned ONGC

The contract has been awarded through international competitive bidding on a lump sum turnkey (LSTK) basis

L&T construction arm is lowest bidder for Uttarakhand railway project

The Rs 3,338 crore order is a contract from Rail Vikas Nigam for package-4 of a new broad-gauge line between Rishikesh and Karnaprayag