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L&T Wins Contract for Agra Metro Line-2, Boosting Urban Transport

L&T Wins Contract for Agra Metro Line-2, Boosting Urban Transport

16 October 2024

On October 16, 2024, Larsen & Toubro’s Heavy Civil Infrastructure division won a contract from the Uttar Pradesh Metro Rail Corporation Ltd (UPMRCL) for the Agra Metro Phase 1, Line-2 project. This metro line will run from Agra Cantonment to Kalindi Vihar. The project includes designing and building a 15.09 km elevated viaduct, 14 stations, …

HDFC AMC Share Price Hits 52-Week High as Net Profit Rises by 32% in Q2 FY25

HDFC AMC Share Price Hits 52-Week High as Net Profit Rises by 32% in Q2 FY25

16 October 2024

HDFC Asset Management Company Limited (HDFC AMC) announced its financial performance for the second quarter (Q2 FY25) of the fiscal year 2025, showcasing growth across key financial metrics.  The company reported a net profit of ₹5,769 million for the quarter ending September 2024, marking a robust 32% year-on-year (YoY) increase compared to ₹4,376 million in …

KEI Industries Share Price Declines by 5% Despite 17.21% YoY Revenue Growth in Q2 FY 2025

KEI Industries Share Price Declines by 5% Despite 17.21% YoY Revenue Growth in Q2 FY 2025

16 October 2024

KEI Industries Limited has announced its financial performance for the second quarter (Q2 FY25) and the first half of the fiscal year (H1 FY25). Q2 FY25 Financial Highlights In Q2 FY25, KEI Industries reported a revenue growth of 17.21% year-on-year (YoY). The company’s revenue for the quarter stood at ₹2,280 crore, up from ₹1,945 crore …

Rallis India Share Price Up 13% Following 21% PAT Increase in Q2 FY25

Rallis India Share Price Up 13% Following 21% PAT Increase in Q2 FY25

16 October 2024

Rallis India Limited has announced its financial performance for the second quarter (Q2 FY25) and the first half of the fiscal year (H1 FY25). The company reported H1 FY25 revenue of ₹1,711 crore, up from ₹1,614 crore in H1 FY24. In Q2 FY25, revenue rose significantly by 11%, reaching ₹928 crore compared to ₹832 crore …

Bids Placed For Sinner Thermal Plant: Adani Power, Jindal Power Under Participant List

Bids Placed For Sinner Thermal Plant: Adani Power, Jindal Power Under Participant List

16 October 2024

Intense competition has emerged among India’s top energy firms to acquire the struggling 1,350 MW Sinnar Thermal Power Plant, situated near Nashik, Maharashtra. Originally developed by Indiabulls Power and later entering insolvency, this plant presents a valuable opportunity for companies to increase their power generation capabilities. Key bidders include Adani Power, Jindal Power, Vedanta Group, …

Railtel Corp received a Rs 79.8 crore order from Maharashtra Housing Body

Railtel Corp received a Rs 79.8 crore order from Maharashtra Housing Body

16 October 2024

Equipped with a Pan-India optic fiber network, RailTel is a “Navratna” Central Public Sector Enterprise that offers information and communication technology. It is also one of the biggest providers of neutral telecom infrastructure in the nation. The OFC network reaches numerous rural areas as well as the nation’s major towns and cities. On September 26, …

G R Infraprojects received a Rs 1,886 crore project from the Maharashtra Government

G R Infraprojects received a Rs 1,886 crore project from the Maharashtra Government

16 October 2024

G R Infraprojects Limited is one of India’s fastest-growing infrastructure companies, with over 25 years of experience. We can deliver projects before or on time while maintaining the highest standards of quality, safety, financial discipline, and governance thanks to our 13,000 enthusiastic employees, best-in-class assets, cutting-edge technology, and 24/7 project execution capability. We can broadly …

Ashoka Buildcon received a project worth Rs 1,127 crore from BMC

Ashoka Buildcon received a project worth Rs 1,127 crore from BMC

16 October 2024

One of India’s top highway developers, Ashoka Buildcon Limited, is a Fortune India 500 company. The business is a combined player in the EPC, BOT, and HAM markets. Since our modest beginnings in 1976, we have worked hard to maintain quality, safety, consistency, and environmental consciousness in all of our assignments, which has allowed us …

Cochin Shipyard: The government to sell up to a 5% stake in an OFS

Cochin Shipyard: The government to sell up to a 5% stake in an OFS

16 October 2024

The biggest ship repair and construction facility in India is Cochin Shipyard Ltd. It is a component of a chain of amenities for mariners in the Indian state of Kerala’s port city of Kochi. The shipyard’s services include the construction of double-hulled oil tankers and platform supply vessels. The central government plans to sell off …

STL Shares in Green as It Enters AI-Powered Data Centre Market

STL Shares in Green as It Enters AI-Powered Data Centre Market

16 October 2024

On October 16, 2024, STL, a top company in optical and digital solutions, announced its entry into the AI-powered data centre market.  At the India Mobile Congress 2024, STL showcased its full range of optical cables, connectivity, and interconnect solutions. The Honourable Telecom Minister, Shri Jyotiraditya Scindia, inaugurated this Make-in-India portfolio, specifically designed for AI-driven …

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