Page 26 - Amritha Pillay

Working capacity at 25% may be unviable as industry awaits end of lockdown

Auto component vendor Nippon Paint India said that at 25 per cent capacity, it will not even meet plant overhead costs, leave alone company overheads.

As road sector gears up to resume work, uncertainty looms over compensation

As work came to a halt, mobilised equipment remain stranded with idling costs rising

Manufacturing industry gears up for life after coronavirus lockdown

Industry hopes for return of labour, smoothening of supply chain, lowering of inventory

Exhausting product tankage not a cause of concern yet, say oil executives

Most do not expect refinery shutdowns even if lockdown extends

Coronavirus impact: IndianOil realigns production after LPG demand rise

IndianOil sells about 300,000 cylinders every day and has a refining capacity of about 81 million tonnes

Ensure supply, grid security: Contingency plans afoot for power sector

To ensure steady availability of power in case of sudden ramping up or down, hydro and gas run power stations have been asked to be on standby.

L&T turns to international business, financial services to power growth

Faced with a sluggish local market, L&T has turned to international business, software and financial services to power growth

It is better to be careful with cash on hand, says L&T's S N Subrahmanyan

The company's business is broadly divided into three baskets - engineering, procurement and construction (EPC) projects, manufacturing and defence, and services

Toll collection, traffic movement down 10-20%, force majeure likely

The report labels mobility restriction for countries in three categories - moderate, intermediate and severe

L&T plans to become asset light, reduce debt by Rs 30,000 crore

To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT

The ground report: Going deep inside Mumbai's under-river metro tunnel

At the southern-most end of the city, Cuffe Parade metro station is under construction opposite Taj President.

Price hike on BS-VI won't hurt consumers, will meet April deadline: IOC

Company executives, including Chairman Sanjiv Singh, said they expected the matter of price hike for the cleaner fuel to be settled before the roll-out

French energy giant Total acquires 37.4% in Adani Gas for Rs 5,152 crore

Total had said late last year that CGD was a natural extension of the plans of both partners to invest in infrastructure and assets worth over $1 billion

IRB Infra announces receipt of first tranche of Rs 3,753 cr from GIC

The remaining about Rs 650 crore, the company said will be invested in the progress of construction of the under-construction projects

New appointment of MDs at ACC, Ambuja Cements to streamline business

At ACC, Sridhar Balakrishnan, former chief commercial officer (CCO), has been elevated as the CEO and MD while Akhoury continues as a director on ACC's board.

FPIs still waiting for RBI regulations on investments in InvITs, REITs

The norms for FPI investments in InvITs were relaxed in the July 2019 Budget session

Engineering firms flock to data centre biz, see opportunities worth $2.7 bn

Typical of engineering companies, data centres are being targeted for two kinds of opportunities

Adani Gas stock crashes after PNGRB notice, penalty on non-disclosure

The company clarified it had responded to regulators concerned and that there was no question of a penalty.

Oil marketing companies to take on RIL with e-discounts, cashbacks

Indian Oil is offering a cashback of 10%, or up to Rs 50, for every transaction

Tata Projects wins orders worth Rs 6,000 crore from oil and gas sector

Tata Projects will be executing a 2G Bio Ethanol Project for BPCL in Odisha