Amritha Pillay

L&T targets 150 MW data centre capacity by 2027, to utilise land banks

At present, L&T has operational data centres in Mumbai and Chennai, with a combined capacity of 32 Mw

Nayara Energy to make a buyback offer to its minority shareholders

Company board decides on buyback at Rs 731 per share

RIL receives $2.81 billion demand notice from govt over gas dispute

Also receives liquidated damages levy notice over battery PLI milestone delay

Consolidation will accelerate, boosting pricing power over time: Dalmia

Dalmia said that the company is optimistic on the sector in the long-term, even as margins remain weak in the short-term

Wire and cable market has room for another player, says UltraTech

The company added that cement remains its core business, while entry into wires and cables is an adjacencies play

ABB bullish on India for its electric business, says Giampiero Frisio

The company expects data centres, semiconductors, and the solar industry in India to drive demand

UltraTech Cement lines up Rs 1.8K crore capex for cables biz foray

Over the past few years, Aditya Birla Group has also adopted a closer-to-the-end-consumer approach, with an expanded presence in jewellery, fashion retail, real estate, and paints

India's tunnel sector booms amid ecological and development challenges

As country 'digs deeper', experts stress need for mindful development

EPC companies raise concern over longer payment cycles for water projects

Industry executives add payments picking pace in Q4

Welfare schemes and rural jobs fuel labour crisis, say industry executives

Vimal Kejriwal, managing director and CEO of KEC International, in a recent call with analysts, noted that labourers earlier worked at a site for close to a year before availing their annual leave

Trump tariff is not 'negative' for Hindalco's India business: Satish Pai

Chinese aluminium imports no longer cheaper and country can't afford to dump metal in India, says company's MD

Hindalco Q3FY25 results: Net profit up 60.2%, beats street estimates

Profit boost from robust India aluminium business and higher other income

Adani Green withdraws from wind energy, transmission projects in Sri Lanka

The projects in question included two wind power plants to be set up in Mannar and Pooneryn at a total investment of $442 million

US President Donald Trump's 25% tariff sounds alarm for steelmakers

The direct impact of the move is restricted to the stainless steel industry, which exported about 9 per cent of its total exports in value terms to the US

Grasim Industries Q3 results: Net profit plunges 40% to Rs 899 crore

In the quarter under review, Grasim's consolidated net profit stood at Rs 899 crore, against Rs 1,514.4 crore a year ago

Weak merchant gains in Q3, but firms bet on recovery in long term

Of the company's 3,858 megawatt (MW) thermal assets, 34 per cent is in the open market as of December, 2024

70, 90, 120 and counting: The evolving debate on ideal work hours

Leading voices from the world of business have expressed their opinions on how many hours people should work, but the debate over the work week remains complicated

Tata Power Q3FY25 results: Net profit rises 8% to Rs 1,030.7 crore

The company reported an 81 per cent jump in PBDIT to Rs 3,667.6 crore from a year ago. PBDIT is profit before depreciation, interest, and taxation

Top 5 cement makers adopt different strategies amid Q3 earnings slump

For the October-December 2024 period, analysts and industry executives estimated demand growth of 4-5 per cent at the industry level

Vedanta Q3 FY25 results: Net profit rises 76.2% to Rs 3,547 crore

During the quarter, the metals and oil & gas company reported a consolidated net profit of Rs 3,547 crore, compared to Rs 2,013 crore a year ago