Kalpataru Projects International bags orders worth Rs 2,273 crore, ET Infra
Kalpataru Projects International on Wednesday said it has secured orders worth Rs 2,273 crore. The new orders are for the Transmission & Distribution (T&D) business in India and overseas markets as well as residential building projects in the country. Kalpataru Projects International Ltd (KPIL), along with its Joint Ventures (JVs)
Singapore fund brings back travel brand Cox & Kings
MUMBAI: Cox & Kings, one of the oldest travel brands in India, has been relaunched by Singapore-based private equity firm Wilson & Hughes. In June, Wilson & Hughes acquired the Cox & Kings brand through the National Company Law Tribunal (NCLT) for an estimated cost of Rs 12 crore, marking
Magicbricks’ site visit tool for buyers, realtors
NEW DELHI: Magicbricks has introduced its “site visit product” that is designed to simplify property site visits and boost developer sales. This product aims to address key challenges for both home buyers and developers as many of the former, due to busy schedules, miss out on visiting multiple properties. And
Stock market today: Sensex drops over 170 points after Tuesday decline, Nifty at 23,800
NEW DELHI: The Indian equity markets continued to show weakness on Wednesday as the benchmark indices opened in the red. The BSE Sensex dropped over 170 points, trading at 78,495.53, a decline of 0.23%. The Nifty50 index also saw a slight dip, shedding 61 points, or 0.26%, to reach 23,822.45,
Infra, transport sector leaders expect growth in earnings, headcount in next 3 years: Report, ET Infra
India is likely to see the implementation of one of the largest infrastructure programmes in the 21st century amongst large economies and creating fiscal sources of capital would be key to this initiative, according to a KPMG report. The report titled ‘KPMG 2024 Infrastructure and Transport CEO Outlook’ further said
Musk’s Starlink yet to comply with security norms: Scindia
NEW DELHI: Telecom minister Jyotiraditya Scindia on Tuesday said Elon Musk-owned Starlink is yet to comply with security norms, and a licence for satellite communication services will be issued only after they meet all the requirements for services in India.The satellite communication services major is in the process of completing
MTNL defaults on Rs 5,726 crore loans
NEW DELHI: Loss-making state-owned telecom firm MTNL has defaulted on a total payment of Rs 5,726 crore, comprising a principal amount of Rs 5,492 crore raised from various banks and an interest of Rs 234 crore, the company said in a regulatory filing. The company shared that its total financial
Some states want to list power utilities: Minister
Union minister Manohar Lal Khattar NEW DELHI: Union power minister Manohar Lal on Tuesday said certain states have proposed to list power utilities to raise funds, as a Rs 42 lakh crore investment in the sector would be needed to address rising power demand by 2030. India, he said, met
Sebi demand notice in RHFL case
NEW DELHI: Sebi asked two entities to pay Rs 52 crore in penalties for failing to clear fines imposed in the case of illegal diversion of funds from Reliance Home Finance. It has warned the entities to attach assets and bank accounts if they fail to make the payment within