Embassy Industrial Parks, a joint venture between Embassy Group, Indias leading property developer and Warburg Pincus, a leading global private equity player, announced that it has signed Mahindra Logistics
Author: admin (Infratructure Today)
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Tata Power Partners with Tata Motors to Make Maharashtra EV Ready
Tata Power, India's largest integrated power company, partnered with Tata Motors to make Maharashtra ready for electric vehicles (EVs) and to establish EV charging stations in the state for public use
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Telangana Government Adopts E-Mobility Programme
Energy Efficiency Services (EESL), under the administrative control of Ministry of Power, Government of India, signed an agreement with the Greater Hyderabad Municipal Corporation (GHMC), to lease out electric vehicles (EVs) and install EV chargers at its offices.
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We have brought down civil structure approvals from nine months to one day
In an exclusive interview with CW, Jayesh Ranjan, Secretary, Department of IT, Electronics and Communication, Government of Telangana, talks to RAHUL KAMAT about how T-Hub, optic fibre network, Phase-2 of the metro and new sectors like aerospace and defence are attracting investments in the state.
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Hyderabad contributes over 65 per cent of Telangana’s GDP
Hyderabad is the lifeline for Telangana and contributes over 65 per cent of the states GDP. Exemplary administrative tools have been in place, owing to which the city has been ranked best in ease of doing business.
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Nagpur Smart City to Run Metro Rail Services on Broad Gauge
Even as free joyrides are being extended to Nagpurites on the 5-kilometre stretch from the Airport South to Khapri on the Nagpur metro rail before its formal inauguration, the federal government has plans to extend the service to the cityÂ’s outskirts using the existing broad-gauge railway tracks.
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Simplex Infra bags order worth Rs 2595 cr in Q4FY18
Simplex Infra has bagged orders worth Rs 25.95 billion in the fourth quarter from January to MarchÂ’18. With this the total order inflow during FY18 amounts to Rs 76.66 billion. The new orders have emanated 87 per cent from public sector and 13 per cent from private sector, 98 per cent from domestic territories and 2 per cent from abroad.
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Cement demand up but profitability pressures continue
Even as demand for cement has picked up from Q3 FY2018 and the trend is expected to continue in Q4 FY2018, with the growth expected at around 5% in FY2018 and FY2019, expectation of higher petcoke, coal and diesel prices are likely to put pressure on the profitability margins and debt metrics of the cement companies in the coming quarters.
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Q4 revenue growth seen at 9%, margin pain to ease
Growth in corporate revenue – excluding that of banking, financial services & insurance and oil companies – is likely to print at ~9% on-year for the fourth quarter of fiscal 2018, CRISIL Research’s analysis of over 400 companies, which account for 65% of the market capitalisation of the National Stock Exchange shows.
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PTC India secures trading of entire 1,000 MW capacity
PTC India, announced that it has completed the sale of remaining 200 MW under the long term PPA of hydro power under Karcham Wangtoo Hydro project to Punjab State Utility on April 01, 2018.