Page 10 - Amritha Pillay

Two years since, Adani Cement have aimed for market inefficiencies

The entry, cement executives suggest, has either had zero impact or appears to have accelerated consolidation and its benefits for larger players

Copper rally hits scrap companies to electric gear manufacturers

Apart from hedging and price hikes, companies have also had to resort to stocking up on inventory

As order book grows, capital goods, engineering cos firm up capex plans

Nine of the large engineering and capital goods companies combined have a capex of roughly Rs 11,500 crore or more under way

Gas stations in full throttle as India's power demand touches new record

India's gas refiners bet on rise in LNG demand from power generation sector

Trial to triumph: Adani Group firms echo message in latest annual reports

Five Adani group listed entities - NDTV, Adani Ports and SEZ (APSEZ), Ambuja Cements, Adani Energy Solutions and Adani Green Energy (AGEL), have released their annual reports so far

AI, cloud, and super app: Adani group looks to bet big on technology

At present, the Adani Group operates across multiple sectors such as energy and utilities, transportation, and logistics, among others

Hindalco Industries looks to garner $945 million via Novelis US IPO

To offload 45 mn shares, or 7.5% stake, at $18-21 apiece; values arm at $12.6 bn

Hindalco Industries Q4 results: Net profit jumps 32% on improved margins

Wins a copper mine in auctions, scouts for nickel, lignite cobalt in India auctions.

With expansion on mind, JSW Energy builds money purse, human capital

In April, JSW Energy completed a fund raise of Rs 5,000 crore through the qualified institutional placement (QIP) route

JSW Cement to invest Rs 3,000 cr for new manufacturing unit in Rajasthan

Once operational, the facility will mark the company's entry in the North Indian market

Reliance Industries picks Norwegian partner Nel ASA for electrolyser tech

The agreement provides RIL an exclusive license for Nel's alkaline electrolysers in India, manufacture for captive purposes globally

2024 Lok Sabha elections: Infrastructure dominates Mumbai's discourse

Candidates woo voters amid a political tug-of-war for claiming credit for major projects

JSW Steel Q4 results: Profit plunges 64.5% as revenues take a hit

The company also announced the appointment of Swayam Saurabh as the chief financial officer (CFO Designate), who will take over from Rajeev Pai next month

Taking the heat off: A thought for workers toiling at sweltering sites

Peak summer is also peak production time, but the mandated SOPs and heat action plans offer little respite

Siemens profit surges 70%, to list energy biz into separate entity

Announces demerger of energy business into a separate listed entity, incremental capex of Rs 500 crore

Novelis files registration statement with US SEC for proposed IPO

In February, Novelis announced plans to pursue a US market IPO of shares to be offered by its sole shareholder - Hindalco

Rains, gusty winds lash several parts of Mumbai; businesses, life disrupted

Flight operations at Mumbai airport were temporarily suspended due to low visibility and strong winds

Stable prices, lower fuel cost, moderated demand in FY25: Cement executives

…with hints of moderate demand growth in FY25

L&T Q4 results: Profit rises 10% to Rs 4,396 crore, beats estimates

Revenue for L&T also rises 15 per cent year-on-year (YoY) to Rs 67,079 crore

Higher provisioning may slow infra sector, but good for long term: Industry

While some other executives from the power industry say it may be too early to gauge any impact, some highway contractors refuse to comment on the move