Page 13 - Amritha Pillay

Bidding pipeline in West Asia remains very strong: Larsen & Toubro

Analysts tracking L&T noted the company was an L1 bidder for a $2.5 billion contract related to this expansion project

Expected Infrastructure push sets South India's cement market in motion

Industry majors and analysts expect the rise in overall infrastructure capital outlay in the Interim Budget to Rs 11.11 trillion in 2024-25

Hindalco Industries Q3 results: Net profit up 71.1% on lower costs

Novelis Bay Minette project to see cost escalation of more than $1 bn

Domestic, rural consumers also driving power demand: Tata Power CEO

In the last two years, the CAGR growth is nearly 10 percent, which is phenomenal in the sense that earlier the growth used to be in the range of 5- 6 percent, Praveer Sinha said

Tata Power Q3FY24 results: Net profit remains muted at Rs 953 crore

The net sales for the company in the same period also registered a modest growth of 3.7 per cent to Rs 14,651 crore from a year ago

India Inc shows signs of the Red Sea conflict in Q3FY24 performance

Capital goods and engineering companies - Bharat Electronics, TD Power Systems and KEC International, all have noted some operational strain owing to Red Sea woes

China shadow on flagship PLI for domestic manufacturing of solar equipment

Majority PLI winners list Chinese vendors for setting up solar equipment manufacturing

Shah Rukh Khan vs Sunny Deol in the battle for India's cement demand

Celebrities become the face of an industry evolving with rising demand and changing consumer patterns

Cement sales growth in Q3 subdued at 3-4%, say industry executives

Industry executives attributed the impact on demand to a host of factors, including floods in South India, construction bans in the National Capital Region, and fiscal challenges in Bihar, Jharkhand

Mukesh Ambani to Gautam Adani: Big guns firing on the capex front

In the Interim Budget speech on Thursday, Union Finance Minister Nirmala Sitharaman said "private investments are happening at scale"

Quantifying capex is reassuring but expect it to change in July: L&T CFO

I was just expecting her to say we will continue to keep focus on infra, he says

Interim Budget 2024-25: Infrastructure likely to get a capex thrust

Increase in outlay in line with industry expectations

Ambuja Cements Q3 results: Consolidated net profit up 89.5% at Rs 823 cr

Reported profit after tax for the company was at Rs 1,090 crore, up 123 per cent from a year ago

Brokerages divided on L&T's new order prospects, exposure to West Asia

L&T's management indicated the pace of new orders in the domestic market had slowed and there would be weakness for the two quarters between now and June 2024 owing to the Lok Sabha elections

L&T Q3 results: Net profit up 15.4% at Rs 2,947 cr on robust order inflows

Company expects to end FY24 at 20% growth in orders

Adani Total Gas Q3FY24 results: Net profit rises 18% to Rs 176.64 crore

Gas sale volume for Q3 FY24, the company said, was up 21 per cent Y-o-Y to 224 million metric standard cubic meters (MMSCM), while the cost of natural gas dipped 4 per cent Y-o-Y

Indian companies look to cash in on bulging infrastructure order book

The growth of the big companies is trickling down to smaller companies and suppliers too

Vedanta Q3FY24 results: Net profit declines 18%, net sales edges up

Net sales for the company rose 3.8 per cent to Rs 34,968 crore in the same period. The growth in revenue, the company said, was driven by higher sales volume and favourable movement in exchange rate

Adani Power Q3 results: Net profit surges to Rs 2,738 cr as volumes swell

In Q3FY24, Adani Power reported a consolidated net profit of Rs 2,738 crore, up from a profit of Rs 9 crore reported in the same period a year ago

Dalmia Bharat results: Net profit up 29% at Rs 263 crore during Dec quarter

Sales volumes for the quarter under review was at 6.8 million tonnes (mt), up 8.1 percent from a year ago