Top Indian Infrastructure Industry News & Updates - 09 Aug 2023,Wednesday
🏢 Industry & SEZ
📝 Industrial & Logistics sector reports 35% y-o-y increase in leasing
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🏗 Construction
📝 RITES Q1 performance on track; positive momentum aligns with yearly goals, says Rahul Mithal
📝 I'm paranoid about producing best leaders for the company: L&T's AM Naik
📝 “Infrastructure building is the most difficult job in the world”
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🏘 Real Estate
📝 Luxury home prices surge 24% in top 7 cities: Report
📝 Experion Developers acquires land in Gurgaon for Rs 550 crore
📝 Prestige Estates Projects Q1 results: Net profit soars 30.2% at ₹267 crore
📝 Peninsula Land records 362% jump in April-June net profit at Rs 60 crore
📝 Tata Realty & Infra buys 25-acre land parcel in Bengaluru for Rs 986 crore
📝 Brigade Group’s Q1 net profits down 56% to ₹38.5 crore
📝 Industrial and logistics space leasing in Hyderabad rises 43%
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🛍 Cement
📝 India Cements faces steep earnings cuts as company-specific concerns loom
📝 Elevated debt levels put Ramco Cements on shaky ground
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🚙 Roads & Highways
📝 G-20 Summit: Bad news from Delhi! Key road projects likely to be unfinished before Summit
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🚃 Railways
📝 India-Bhutan railway link: Network to connect Assam’s Kokrajhar to Bhutan’s Gelephu – All details here
📝 IRCON Q1 Results: Net profit rises 30% to ₹187 crore, revenue up 36% YoY
📝 Indian Railways to launch new rakes designed for SUVs
📝 Explore use of vacant land to up non-tariff revenues, Railway Ministry told
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🚢 Ports
📝 Adani Ports Q1 Results: Profit surges 83% YoY to Rs 2,115 crore; revenue rises 24%
📝 APSEZ Q1 profit jumps 82.6% to Rs 2,114.72 cr on higher volumes, tariffs; posts strongest ever quarterly performance
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