Efkon-Strabag join hands with leading IITs

L&T arm opens new manufacturing facility in Saudi Arabia

Prism Johnson Q4 Results: Firm posts loss hurt by lower pricing in cement business

Gayatri Projects promoters file plea against liquidation

Gensol Engineering appoints Rajesh Jain as Independent Director

L&T sees order book position rising by Rs 1 trillion more in FY25
Larsen & Toubro (L&T) expects its order book position to rise by another Rs 1 trillion in FY25, with the engineering and infrastructure conglomerate being bullish on India and other markets where it has presence, president and chief financial officer R Shankar Raman told FE.

New projects to pick up pace after govt formation: L&T's R Shankar Raman
Engineering and construction conglomerate Larsen & Toubro (L&T) reported a 10 per cent rise in profit for the March quarter and a marginal drop in margins, which led to a 6 per cent decline in its share prices on Thursday. In an interview, R Shankar Raman, president (he took charge on Thursday), whole-time director, and chief financial officer, tells Dev Chatterjee about the year ahead, the outlook, and its asset sales plans.

R Shankar Raman elevated as President of L&T

India's L&T forecasts lower revenue growth, order inflow for FY25

L&T Q4 net profit rises 10% to ₹4,396 crore on ‘all round growth’
L&T net profit rises 10.2% jump, declares dividend at Rs 28 a share
The Financial Express

Rockwell plans to expand in India with more factories, tech workers

Salasar Techno Engineering completes acquisition of EMC for Rs 178 crore

NBCC bags contracts worth Rs 450 crore in Chhattisgarh, Kerala

L&T Q4 Results Preview: Profit may rise 11% year-on-year; revenue growth seen healthy

Construction equipment sales rise 26% to 1,35,650 units in FY24: ICEMA

Road construction in India to witness 7-10% slowdown in FY25 due to challenges in execution: CareEdge Ratings

Construction sector firms' revenues to see 12-15% growth this fiscal: ICRA
It further said that the government's infrastructure push will result in double-digit revenue growth for the construction industry in FY2025.

NBCC reported highest ever sale in 2023-24

NCLT admits insolvency resolution plea against listed infra firm Sadbhav Engineering

Hindustan Construction raises ₹350 crore via rights issue
Hindustan Construction Company has raised ₹350 crore through the rights issue. According to the company’s statement, the issue has been oversubscribed by 250 per cent, with the company receiving applications worth ₹877 crore (the balance being refunded to investors). The equity shares have been allotted to the applicants as per allotment basis. The lead manager for the rights issue was lOBI Capital Markets & Securities Ltd. 

NBCC to set up shadow lender to help save over $100 mn
NBCC planning to set up its own NBFC to help save over $100 million

Construction equipment industry achieves second consecutive year of double-digit growth
The Indian construction equipment industry has continued its strong growth trajectory, posting a 25 per cent increase in the fiscal year that ended on March 31, 2024. This marks the second consecutive year of double-digit growth, with industry volumes reaching a new peak in the post-Covid period. Total industry volumes reached about 1,35,000 units, including both domestic and export sales, in FY24, up from about 1,08,000 units in FY23.

Protos, Paharpur Cooling get CCI nod to raise stake in Thyssenkrupp India

JSW Infrastructure appoints Arun Maheshwari as its Joint Managing Director & CEO
JSW Infrastructure on Monday announced the re-appointment of Arun Maheshwari as the joint managing director and CEO of the company, with effect from April 18, 2024 for a term of 3 years. 

L&T completes divestment of L&T Infrastructure Development Projects, sells entire 51% stake
Larsen & Toubro (L&T) on Thursday announced the completion of divestment of L&T Infrastructure Development Projects Limited (LTIDPL), a joint venture between Larsen & Toubro Limited and Canada Pension Plan Investment Board (CPP Investments).

Teerth Gopicon Ltd’s Rs 44.4 crore IPO subscribed over 74 times

KEC International secures new orders worth Rs 816 crore
KEC International Ltd, a global infrastructure EPC company on Wednesday announced that it has secured new orders worth Rs 816 crore across its various businesses.

BCD Group and Maiwir Engineering enter into a joint venture to speed up construction using advanced technologies

Looking to increase margins for all projects to 15-16% by FY27: Kamal Gupta, J Kumar Infraprojects

Hindustan Construction Company divests entire equity shareholding in HREL

Accordingly, HREL and its following subsidiaries -- Nashik Township Developers Ltd, Powai Real Estate Developers Ltd, HCC Aviation Ltd, HCC Realty Ltd have ceased to be subsidiaries of the company, HCC said in a regulatory filing.