Top Indian Infrastructure Industry News & Updates - 08 Aug 2023,Tuesday
🏘 Real Estate
📝 Ramco Cements reports lower Q1 net profit at ₹79 crore
📝 PE inflow in real estate up 51% to Rs 24,680 cr: Cushman & Wakefield
📝 Galaxy Group leases land from RLDA for Rs 356 crore to develop luxury project in Lodhi Colony
📝 Keystone Realtors records best-ever Q1 pre-sales Rs 500 crore
📝 Delhi government proposed to increase circle rate for agricultural land
📝 Capgemini renews office lease in Hyderabad's Kokapet Area
📝 Global funds eye Blackstone's 50% in Panchshil and Salarpuria assets
📝 ASK wealth advisory arm unveils 1st private credit fund
📝 MG Motor partners with Prestige Group to improve EV charging infrastructure in Bangalore
📝 Galaxy & Sawasdee Group plan to invest Rs 1000 cr in a luxury housing project in South Delhi
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🛍 Cement
📝 India Cements Q1 Results: Firm posts net loss at Rs 73.58 crore, revenue dips 5% YoY to Rs 1,437 crore
📝 India Cements says needs Rs 400 cr to tide over liquidity crunch, logs Rs 75-cr Q1 loss
📝 Ramco Cements Q1FY24 margins impacted by higher fuel and weak cement prices
📝 Sanghi buy to help Ambuja Cements scale up fast, may even set stage for a price war
📝 India Cements posts positive EBIDTA after 3 quarters of negative numbers
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🚙 Roads & Highways
📝 Why highway development outpaces Railway line construction speed in India? Explained
📝 How NHAI plans to dodge a debt trap
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🚃 Railways
📝 15 rail stations in Haryana to be revamped under Amrit Bharat Station Scheme
📝 Railways conducts Patna-Kolkata Vande Bharat trail run in 6.30 hours. Service may start by August end
📝 Kashmir to Kanyakumari railway link: Three stations to be revamped under Amrit Bharat Scheme – Launch date, cost and more inside details
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🚢 Ports
📝 Adani Ports Q1 Preview: Consol PAT may fall 6% YoY; FY24 guidance in focus
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