Page 16 - Amritha Pillay

Rs 8.45 trillion & rising: Orders flood major capital goods firms

Both India and overseas demand behind the rush

Uttarakhand tunnel incident spotlights safety in existing, future projects

Engineering companies expect the incident to spotlight safety as a major aspect in future tunnel projects in India

With over Rs 10K cr win, L&T races to another robust quarter for orders

As of Monday, L&T has reported new order wins for FY24, just shy of the Rs 2 trillion mark by a few hundred crore

China-Plus-One strategy powers up India's exports of solar modules

Executives from rating agencies expect exports to continue to remain a part of the strategy for most large manufacturers

Elections, festivities, and pollution weigh on India's cement demand

While the festival season typically sees a slowdown in construction activity, some dealers anticipate this lull extending throughout the entire month as multiple states enter election mode

Siemens AG to buy 18% stake in Indian joint venture for $2.28 billion

Part of the agreement includes a proposal to demerge the energy division of the Indian arm into a separate listed entity

State govts falling back on thermal power as electricity demand surges

High demand pushes states towards coal

Hit by regional factors, cement makers witness uneven volume growth in Q2

Dalmia Cement, a dominant player in the East Indian market attributed its lower growth volumes to the lingering impact of a failed strategy tried in the June-23 ended quarter

Oil & gas biz may be nearing peak for RIL, claims larger share in profit

Ril's oil and gas business performance for several years has been lackluster in comparison to the profits its other divisions have returned

Hindalco Industries Q2FY24 results: Net profit flat at Rs 2,196 crore

The company beat street estimates on revenue but missed it on profit reported in the quarter under review

Tata Power Q2FY24 PAT up 6.9% to Rs 876 crore on back of higher revenue

Revenue for the company rose 12.2 percent to Rs 15,738 crore largely driven by higher revenue from core businesses of generation, transmission and distribution

Gharwapsi: India Inc taps former talent pool to fill executive positions

There has been a growth in the number of boomerang employees over the last few months; experts say the trend of 'great resignation' has now evolved into the 'great regret'

Vedanta confident of meeting $2.2 billion debt obligations before March-end

According to the company executives, debt worth Rs 4,200 crore is up for repayment at Vedanta Ltd level in the current quarter, and another Rs 5,500 crore is due in the fourth quarter

Challenge is going to be resource management without doubt: Shankar Raman

Raman discusses the West Asia market, India's order prospect and L&T's new businesses

L&T Q2FY24 consolidated net profit tops 44%; offshore revenue shines

It sees no major impact of Israel-Hamas war on West Asia projects

Blurry skyline: Businesses hold their breath in Mumbai's smog-choked skies

With project execution and commercial office operations unaffected, city hopes for its air troubles to blow over

UltraTech Cement announces third capex round worth Rs 13,000 crore

To take India capacity to 182 MTPA in a phased manner starting FY26

Q2 results: All-round show delivers 27.4% net profit surge for RIL

Q2 sales, PBIDT highest ever for firm; marginal miss on PAT

Shareholders approve Ambani third-generation appointment on RIL board

At least two proxy advisory firms had recommended investors vote against Anant Ambani's appointment

India's copper industry has a new entrant, incumbents not worried

For 2022-23 (FY23), India's domestic copper production was estimated at half a million tonnes