CONSTRUCTION WORLD Person of the Year 2023 (Private Sector)
Real Estate

CONSTRUCTION WORLD Person of the Year 2023 (Private Sector)

AAV Ranga Raju, Managing Director, NCC Ltd A man of proven excellence  and calibre, AAV Ranga Raju is Managing Director and one of the Chief Promoters of NCC Ltd (formerly Nagarjuna Construction Company Ltd). Raju, who joined the family...

AAV Ranga Raju, Managing Director, NCC Ltd A man of proven excellence  and calibre, AAV Ranga Raju is Managing Director and one of the Chief Promoters of NCC Ltd (formerly Nagarjuna Construction Company Ltd). Raju, who joined the family business at a very early age, worked actively with his father, Padmashri Dr AVS Raju - the visionary and founding chairman, towards firmly establishing NCC as a major player, right from its inception in 1978. With over 44 years of rich experience in Construction, and Infrastructure Development, Raju has been the managing director of the company for more than three decades and under his guidance the company has grown from strength to strength. In FY 23 the company has delivered 35 per cent growth and has brought down its debt to the lowest it has been in 15 years. Moreover, NCC is sitting at the highest-ever order book of nearly Rs.70,000 crore!A man of few words, yet visionary to the core, Raju has been instrumental in propelling the company to the heights it has achieved.

Next Story
Building Material

JK Cement emerges successful bidder for Mahan coal mine in Madhya Pradesh

This marks the company’s second commercial coal block win, following its acquisition of the West of Shahdol (South) coal block. "The company is committed to becoming self-reliant for its existing cement plants and upcoming projects," JKC stated. The surplus coal from the mine will be sold commercially. The vesting order was handed over to JK Cement during a ceremony at Shastri Bhawan, New Delhi, a critical milestone for commencing mining operations within the stipulated timeline...

Next Story
Building Material

Prism Johnson's cement division goes live with Ramco ERP Suite

Prism Johnson has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson's digital transformation journey, leveraging Ramco Systems' advanced enterprise solutions and process control systems to streamline business processes, manufacturing operations and drive efficiency. The implementation includes cutting-edge modules for Maintenance, Sales, Distribution, Finance, Procurement, Manufacturing, Quality, and HR Management (HRM). These solutions enable Prism Johnson to achieve seamless integration across its business and wo..

Next Story
Infrastructure Urban

Indian shadow bank Shriram Finance gets record $1.28 billion loan

Shriram Finance Ltd. is reported to have borrowed $1.28 billion in a multi-currency social loan, marking the largest offshore facility ever undertaken by an Indian shadow lender. According to a press release issued by Shriram, the deal is divided across the dollar, euro, and dirham. Sources familiar with the transaction, who wished to remain anonymous, indicated that the tenors in the multi-tranche deal range from three to five years. This loan adds to the surge of offshore debt sales by Indian shadow lenders this year, a trend prompted by the Reserve Bank of India's tightening of rules in Nov..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000