Rpg Group

KEC International sees no material impact on existing Powergrid contracts

KEC International on Wednesday said the company sees "no bearing" on the execution of existing contracts from Powergrid, after being excluded from participating in future tenders by the state-owned transmission player. The company has issued a clarification after receiving a communication from Power Grid Corporation of India Ltd (PGCIL) that it has been excluded for a period of nine months related to an earlier issue. In a statement to exchanges, KEC International said it "does not foresee any material impact on its ongoing operations or financial position". The company said it is examining various options available, including legal recourse/approaching PGCIL for reconsideration of the matter. In a filing to exchanges on Tuesday, KEC International informed "receiving a letter from PGCIL informing that the company has been excluded from participating in tenders of PGCIL and award of contracts by it for a period of 9 months... for alleged transgression of contractual provisions, in .

Former RPG talent head Supratik Bhattacharyya joins Adventz Group

Former RPG Group Chief Talent Officer to spearhead human resources strategy at Adventz, the $4 billion conglomerate led by industrialist Saroj Poddar

KEC International bags ₹3,243 crore orders for transmission line, towers

The orders include 400 kilovolts (kV) transmission lines in the United Arab Emirates (UAE) and the supply of towers, hardware, and poles in the Americas, the company said

RPG group stock zooms 56% from April low; hits all-time high today

Ceat hit a record high of ₹3,624.05, rallied 5.5% on the BSE in Tuesday's intra-day trade on expectation of margin improvement in the upcoming quarters, due to lower crude prices recently.

What's driven Ceat to hit 4-month high; surge 6% in subdued market? Details

Ceat's gross Margins for the March 2025 quarter improved by 65 bps to 37.5 per cent largely driven by favourable revenue mix and as a result of strong cost controls across the value chain.

Harsh Goenka pokes fun at morning ritual of drinking warm honey-lemon water

According to his X post, billionaire Harsh Goenka tried the popular 'weight-loss' drink of warm honey-lemon water but it did not work out as planned

We will grow Camso brand in other OHT segments, says CEAT MD & CEO

RPG Group company CEAT has entered into an agreement with Michelin to acquire the Camso brand's off-highway construction equipment bias tyres and tracks business

RPG Group's Ceat to acquire Camso brand from Michelin for $225 million

The acquisition will give tyre major access to 40 global OEMs and broaden its product offering into construction tyres and bias tracks

CEAT Q2FY25 results: Profit skids 41.4% to Rs 121.8 cr, revenue up 8.2%

CEAT took selective price increases during the quarter that offset part of the cost impact caused by higher rubber prices. The company remains optimistic for Q3

CEAT eyes opportunity in replacement tyre market growth fuelled by PV sales

Tyre maker CEAT Ltd is looking to cash in on the growth of passenger vehicles sales in India, which will boost demand in the replacement market going forward, according to the company Managing Director & CEO Arnab Banerjee. The company is also gearing up to enter the passenger vehicles (PV) and truck and bus radial (TBR) tyre market in the US in the first quarter of the next fiscal, with an eye on making its international business one of the growth engines. "Four million cars means immediate translation into replacement demand in the next two to three years. So it is a very good trajectory. The Original Equipment Manufacturer (OEM) trajectory is boding very well for the replacement market," Banerjee told PTI. He was responding to a query on the impact of the growth of PV sales in India on tyre makers. In 2023, PV sales in India touched a record high at 41.08 lakh units, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total ...

KEC International bags new projects worth Rs 1,005 cr in India, overseas

Engineering firm KEC International on Tuesday said it has bagged new projects worth Rs 1,005 crore across its various business verticals, including railways and cables. The RPG Group company has bagged projects for transmission and distribution and cabling in the domestic market as well as in the Middle East, Europe, Africa and Americas. In the railways vertical, it has "secured an order for 25 kV overhead electrification (OHE) and associated works in the conventional segment in India," the company said in a regulatory filing. The company has secured orders for the supply of various types of cables in the domestic market and overseas. "We are particularly enthused by the order in railways, which further consolidates our order book in the conventional railway segment. With these orders, our YTD (Year to Date) order intake stands at Rs 10,000 crore," KEC International Ltd MD & CEO Vimal Kejriwal said. KEC International is a global infrastructure engineering, procurement and ...

Anant Goenka named VC for RPG, retains role in CEAT, Zensar Technologies

Educated at the Wharton School and holding an MBA from the Kellogg School of Management, Goenka initiated his professional journey with Unilever and RPG's KEC International

KEC International bags orders worth Rs 1,007 cr including hospital contract

Engineering firm KEC International has bagged new orders worth Rs 1,007 crore, including for construction of a multi-speciality hospital. Its civil business vertical secured an order for design, engineering, procurement and construction of a multi-speciality hospital in eastern India, the company said in a regulatory filing on Friday. The company's transmission and distribution business secured an order for a 380 kV overhead transmission line project in the Middle East. The cables business bagged orders from within the country and abroad. "KEC International Ltd, an RPG Group company, has secured new orders of Rs 1,007 crore across its various businesses," the filing said. "With these orders, our YTD (Year To Date) order intake stands at a record of over Rs 5,500 crore, registering a strong growth of 15 per cent from last year," Vimal Kejriwal, Managing Director and Chief Executive Officer of KEC International, said.

Govt orders, private capex fuel KEC's order book by Rs 6,000 crore

The company reported Rs 23,716 crore of orderbook in the fiscal year ended March 2022, up by 18% over the previous year and plans to bid for Rs 1.1 trillion of orders, which are in the pipeline

Covid-19 impact: IT companies get back to work with new rule book

Capgemini which employs about 110,000 employs in India has about 5 per cent of its workers coming to office

Coronavirus lockdown should be extended by 15 days, says Harsh Goenka

Goenka is hopeful the government will help the industry, going beyond lower interest rates

Smiley strategy: RPG group rebuilds identity with happiness as focus

How does a 139-year-old organisation craft a corporate brand that appeals to employees and customers far removed from its storied past?