Page 2 - Construction Firms

True North sells RDC Concrete to construction firm for unknown sum

RDC is the largest independent ready mixed concrete company in the country. True North held a majority equity stake in the company through its initial investment in 2005

Capacit'e Infraprojects announces robust results, Q4 PAT at Rs 24.4 Cr

Capacit'e Infraprojects Limited today announced its audited financial results for the quarter and full year ended 31st March, 2021

That dream house: Real estate has some opportunity waiting to be tapped

If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, writes T N Ninan

Construction firm J Kumar Infraprojects bags Rs 1,307.8 cr order from MMRDA

Civil engineering and construction company J Kumar Infraprojects Ltd on Monday said it has bagged an order worth Rs 1,307.88 crore from the Mumbai Metropolitan Region Development Authority

Larsen & Toubro trades higher for third straight day, up 5% in a week

Recovery in key international markets, continuous focus on infrastructure by the government, and rebound in crude oil prices augur well for L&T, according to analysts

Real estate projects to feel the pinch as steel, cement prices rise

Road transport & highways ministry charges a 10x toll rate for major bridges, structures

Tata Realty logs 120% of FY21 sales target in residential segment

Of its 17 residential projects, 13 exceeded their sales targets in FY21

$3.5-bn govt fund for finishing stalled housing projects begins to pay off

The 'Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects' (SWAMIH) fund was announced in November 2019

Realty firms may witness margin shrink by 4-6% due to steel price rise

Surge in prices of steel products that are used in the construction sector has an adverse impact on the real estate companies

Larsen & Toubro lowest bidder for Rishikesh-Karnaprayag railway project

The Heavy Civil Infrastructure business of L&T Construction has emerged as the lowest bidder for a Package 4 of new broad-gauge line between Rishikesh and Karnaprayag, sources privy to the development said.

Jain Housing raises Rs 175 crore from Apollo Global and Nippon Life

The company, which has been in constructing residential apartments and complexes for over 33 years, will use the proceeds to reduce its debts

KfW IPEX-Bank offers loan of 10 mn euros to Srei Equipment Finance

The borrower, SEFL, was set up in 2008 to pool orders from individual Indian construction companies and make the newly ordered machines available to the respective users.

Construction firms turn to apps in search of labour amid Covid-19 crisis

Many firms are now hiring local labour.

It's back to business for industry, but not quite 'business as usual' yet

From high-end cars and mobiles to steel and cement, demand is rising

Real estate firms paying up to 15% interest rate on loans amid slowdown

"Construction finance has become difficult even for good companies. Even public sector banks are charging at 13.5 per cent," said Mayur Shah, managing director of Marathon Realty.

Budget 2020: Ambitious infrastructure agenda to boost construction

The domestic financial sector, including banks, will have a crucial role in financing the envisaged capex

Top realtors in talks with Graphite India to acquire Bengaluru land

Deal size expected to be in the Rs 2,000-25,000 crore range

Sweeteners in build-operate-transfer scheme to attract foreign investors

Such an amendment is being considered to attract international participation in the sector

Mid-sized construction firms to see growth as credit profile improves: Icra

Gradual improvement in the credit profile of construction companies, particularly the mid-size segment is visible, many of which are graduating from sub-contractors to main contractors

Capital goods, construction firms see 69% jump in new orders in FY18

At Rs 2.80 trillion, companies chart recovery from a poor FY17