JSW Infra acquires 70.4% stake in Navkar Corp for Rs 10.13 billion

KPIL secures new orders worth Rs 22.73 billion

Kalpataru Projects International Limited (KPIL), along with its Joint Ventures (JVs) and international subsidiaries, secured new orders and notifications of awards amounting to Rs.2,273 Crores. The details of these new orders include: - Orders in the Transmission & Distribution (T&D) business in India and overseas markets. - Residential building projects in India. Manish Mohnot, the Managing Director & CEO of KPIL, expressed delight over the continuous inflow of orders, noting that their order book continues to grow, with significant traction in the T&D business, especially..

NMDC Steel Q2 loss expands to Rs 5.95 bn, income at Rs 15.35 bn

NMDC Steel announced on Tuesday that its loss had widened to Rs 595.37 crore in the September quarter, primarily due to a surge in expenses. The company had reported a loss of Rs 131.10 crore during the same period last year, according to an exchange filing. The company’s total income increased to Rs 1,535.46 crore, up from Rs 290.27 crore a year earlier. However, NMDC Steel's expenses escalated to Rs 2,364.39 crore in the second quarter of the current fiscal year, compared to Rs 464.93 crore in the corresponding period of the previous year. NMDC Steel Ltd, which was demerged from the mi..

Kochi's Valanthakad Island to Get Bus Connectivity with Bridge Completion

Residents of Valanthakad, a tranquil island near Kochi, are celebrating the revival of a long-awaited bridge project connecting them to the mainland, with plans for bus connectivity now in the works. The new bus services are set to benefit Valanthakad’s nearly 15,000 residents, as well as the residents of Perumbalam, a nearby island, with enhanced public transportation options. The Tripunithura Sub Regional Transport Office (RTO) has proposed 21 new routes, including the 5km-long Tripunithura-Valanthakad Kadavu and 28km-long South Paravoor Jetty-Vaduthala Jetty-Perumbalam stretches. These r..