Coal India (CIL) has reported a 22 per cent decline in consolidated net profit at Rs 2,884.4 crore for the third quarter ended December 31. Net profit came in at Rs 3,718 crore in the same quarter of the previous financial year.
Category: Infrastructure Finance
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Sandeep Upadhyay, Managing Director and CEO, Centrum Infrastructure Advisory Limited
Budget should focus on higher funds allocation to infrastructure and improving domestic macroeconomic fundamentals
The priority of the Budget should be to improve the macroeconomic fundamentals of the country and make efforts to meet the fiscal deficit targets of last year. The onus should be on productive utilisation of funds.
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PE inflows into real estate sector up 62percent to Rs.38,000 cr
Private equity inflows into the country´s real estate sector surged 62 per cent to Rs 38,000 crore, during 2016, largely helped by Parliament´s clearance of two significant legislations - the Real Estate (Regulation and Development) Bill and GST, says a report.
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´Final call´ in $2 million sustainable design competition
Entries in the 5th International LafargeHolcim Awards will close on March 21, 2017. The competition seeks projects at an advanced stage of design from the fields of architecture, building and civil engineering; landscape and urban design; as well as materials, products and construction technologies.
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Total corporate funding in solar sector comes in at $9.1 billion in 2016
Mercom Capital Group, a global clean energy communications and consulting firm, has released its report on funding and mergers & acquisitions (M&A) activity for the solar sector in 2016.
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Signature Global to invest Rs.500 crore to build affordable homes
Realty firm Signature Global, which is into development of affordable homes, will invest Rs 500 crore to develop two housing projects in Gurgaon as the company expects better demand after the government announced an interest subsidy under the Pradhan Mantri Awaas Yojna.
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Siemens receives Rs 366 crore order from ONGC
Siemens Ltd has announced that it has received an order worth approximately Rs 366 crore from Oil and Natural Gas Corporation Limited (ONGC). The order includes supply of material for overhauling of 18 power turbines through zero-hour overhaul and time-continued overhaul.
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PE inflows into real estate sector up 62percent to Rs 38,000 cr in 2016
Private equity inflows into the country’s real estate sector surged 62 per cent to Rs 38,000 crore, during 2016, largely helped by Parliament’s clearance of two significant legislations — the Real Estate (Regulation and Development) Bill and GST, says a report.
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ReNew Power secures $390 million debt funding from ADB
Renewable energy firm ReNew Power Ventures Ltd has announced that it has secured long-term debt financing of $390 million (approximately Rs 2,650 crore) from Asian Development Bank (ADB).
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Total solar sector corporate funding comes in at $9.1 billion in 2016
Mercom Capital Group, a global clean energy communications and consulting firm, has released its report on funding and mergers & acquisitions (M&A) activity for the solar sector in 2016.