EPC World News

IL&FS Transportation Networks Q4FY16 consolidated net profit declines 3.3% yoy to Rs.80.42 crore : Beats Estimates

IL&FS Transportation Networks, country's largest private sector BOT road operators, reported consolidated net profit of Rs.80.42 crore for the quarter ended March 31, 2016, registering growth of 3.3% yoy, but decline of

13 May 2016

Roads & Highways

Debt hurdle for Adani’s buying spree

The Adani group has ended 2015-16 with record debt and its increased finance cost could come in the way of acquisitions and an ambitious coal mining project in Australia, according to analysts.

12 May 2016

Mining

Cairn extends repayment period of $1.25-billion loan to Vedanta arm

Cairn India has extended the repayment period of its $1.25-billion loan to its group company by two years. Cairn India Holdings Limited (CIHL), an overseas subsidiary of Cairn India Limited, has decided

12 May 2016

Mining

Sterlite bags Jaipur Smart City phase-II project

IT and telecom solutions services provider, Sterlite Technologies, today announced that it has won the Jaipur Smart City Phase – II Project. Jaipur, the Pink City, was selected under the Smart City

11 May 2016

Urban Dev.

Chennai-based SolarTown raises early stage funding for rooftop push

Chennai-headquartered SolarTown Energy Solutions Pvt Ltd, which is specialising in the sale, lease and installation of solar rooftop systems for residential, commercial and industrial customers, has claimed to have raised early stage

11 May 2016

Power & Energy

JSW Steel joins race to corner Tata Steelâ€™s UK assets

Sajjan Jindal’s JSW Steel will bid for Tata Steel’s UK assets in an attempt to become one of the top three steel-makers in the world. JSW Steel is among the seven

11 May 2016

Infra·Steel

Karnataka allots 62 acres land for setting up manufacturing facility to Havells India

The Karnataka Industrial Areas Development Board has allotted land admeasuring 62.09 acres to the Havells India, at Vasanthanarasapura Industrial Area, Tumakuru in Karnataka for establishing a Unit for manufacturing of Cable &

10 May 2016

Energy

Tata Steel receives seven expressions of interest for its UK business

The Board of Tata Steel Europe has announced that seven expressions of interest submitted for Tata Steel’s UK business have been immediately taken forward to the next stage of the sale process.

10 May 2016

Steel

KKR to fund Puranik Buildersâ€™ two residential projects in Pune

Puranik Builders have received Rs. 300 crores funding from global equity investor KKR to fund Puranik Builders’ two residential projects that are coming up in Pune, as per reports. Puranik Builders is

10 May 2016

Real Estate

Developers offering huge discounts to lure buyers in a slow realty market

Free office space with an apartment, free maintenance services, free package for summer holidays along with a maximum discount of Rs 21 lakh — these are among the schemes that developers have

10 May 2016

Real Estate

IL&FS Transportation Networks Q4FY16 consolidated net profit declines 3.3% yoy to Rs.80.42 crore : Beats Estimates

Debt hurdle for Adani’s buying spree

Cairn extends repayment period of $1.25-billion loan to Vedanta arm

Sterlite bags Jaipur Smart City phase-II project

Chennai-based SolarTown raises early stage funding for rooftop push

JSW Steel joins race to corner Tata Steelâ€™s UK assets

Karnataka allots 62 acres land for setting up manufacturing facility to Havells India

Tata Steel receives seven expressions of interest for its UK business

KKR to fund Puranik Buildersâ€™ two residential projects in Pune

Developers offering huge discounts to lure buyers in a slow realty market

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