With IRB raising Rs 5,035 crore by unlocking six projects, Virendra Mhaiskar, Chairman and Managing Director, says that the entity would repay the entire debt on these Special Purpose Vehicles (SPVs), amounting to Rs 3,350 crore.
FlashNews:
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
Tag: EBIDTA
EscortsÂ’ profits grow by 54.4percent at Rs 101 crore
Escorts Limited has reported a profit of Rs 22.7 crore in the quarter ending December 31, 2016, up by 11.2 per cent as against a profit of Rs 20.4 crore in the corresponding quarter in the previous fiscal. The profit reported is after one time loss from discontinued operations in respect of its auto products business of Rs 30.8 crore.
Adani Ports and SEZ Ltd: Q3 Financial Results
Adani Ports & SEZ Ltd, India's largest private port developer and part of Adani Group, today said its total income rose 35% to Rs.2,533 crore for the nine months ended December 31, 2012 compared to Rs.1,870 crore in the corresponding nine months of previous year.
There is no unpredictability in our regulation
What role does the regulator have to play in an environment where the airlines and the airports would all like to raise tariffs and expand business? Yashwant Bhave, Chairman, Airport Economic Regulatory Authority of India (AERA),explains how his team determines tariffs and development fees, and why it is fair on everybody.