Reliance Infrastructure (R-Infra) has reported a 7.2 per cent rise in its net profit for the April-June quarter, on the back of lower expenses. The company reported a consolidated net profit of Rs 439 crore, against Rs 409 crore reported a year ago.
Author: admin (Infratructure Today)
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GMR, MEP Infra & IRB Infra to launch infra investment trusts
SEBI had issued guidelines a couple of years back for infrastructure investment trusts (InvITs). The markets regulator has now granted permission to three companies — IRB Infrastructure, GMR and MEP Infrastructure — to launch the trusts.
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DLF to invest Rs 500 crore in Chennai IT park
Realty major DLF will invest about Rs 500 crore to develop an IT Park in Chennai as the commercial real estate market has picked up in major cities.
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Talgo completes trial runs in India
The Indian Railways has completed the final trial run of high-speed train Talgo. It covered the 1,384-km Delhi-Mumbai route in a record time of 11 hours and 42 minutes, clocking up to 150 km an hour.
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Wartsila to supply LNG satellite terminal to Raahe, Finland
Wärtsilä has signed a turnkey contract to supply a liquefied natural gas (LNG) receiving terminal to be built in Raahe, Finland. An EPCI (engineering, procurement, construction and installation) contract has been signed with energy company, Raahen Voima.
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Waaree Energies launches 1,500-V crystalline solar PV module
Waaree Energies Ltd, a diversified solar power solutions company, has announced the launch of a new 1,500 V System Voltage crystalline solar module at the Renewable Energy India Expo, 2016.
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Data tariffs to see major correction due to the disruptive launch of RJio: India Ratings
Data tariff structures are likely to be disrupted following the launch of services by Reliance Jio Infocomm Limited (RJio), while data volumes and subscriber growth will accelerate, says India Ratings and Research (Ind-Ra).
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Country Roads, City Roads, and the Roads in between
Many of us know that the celebrated economist John Maynard Keynes famously said that (in times of slowdown) the government should pay people to dig holes in the ground and then fill them up
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GST and its impact
The Goods and Services Tax (GST) is the most radical taxation reform that is set to alter India´s economic prospects. A single indirect tax, encompassing all goods and services, is surely a welcome change.
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Policies of the present government are excellent
The regulatory regime primarily includes the government, whether it is the federal or state government. Then there is another dimension to this regime: consultants, who too play an important role. However, the role of consultants has got marginalised under the present circumstances.