Top Indian Infrastructure Industry News & Updates - 30 May 2023,Tuesday
🏗 Construction
📝 Financial results. Sadbhav Infra records Q4 net profit of ₹2 crore
📝 NBCC Q4 net profit jumps more than 2-fold to Rs 113.63 cr; income rises to Rs 2,843 cr
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🏘 Real Estate
📝 Real estate firms stuck in insolvency courts have a slower resolution rate, study shows
📝 Onus on promoter to enter into agreement for sale as per prescribed form: Assam Real Estate Appellate Tribunal
📝 Corporate realtors see high value in plotted developments, holiday homes
📝 Housing projects should have access to finance from banks, not depend on customer advances: Housing secretary
📝 Housing.com sees 4-fold jump in monthly traffic from pre-COVID level on fast digital adoption: CEO Dhruv Agarwala
📝 What determines the value and demand of property?
📝 Sobha reports Q4 PAT of ₹47.1 cr
📝 Jaypee Infratech defers approval of financial statements for March 2023 quarter
📝 Disrupting real estate markets
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🛍 Cement
📝 HeidelbergCement India Q4 Results: Net profit falls 63% YoY to Rs 35 crore
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🚙 Roads & Highways
📝 IRB Golkonda Expressway signs concession pact with HMDA for toll, O&M project in TS
📝 Maharashtra CM Eknath Shinde inaugurates second phase of Samruddhi Corridor, opening 600 kms of Mumbai-Nagpur route
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🚃 Railways
📝 PM Modi flags off Guwahati-NJP Vande Bharat Express
📝 IRCTC posts profit jump of 30.4% for Q4FY23 at Rs 278.80 crore, announces 100% final dividend
📝 Four Vistadome coaches for Kalka-Shimla heritage track rolled out
📝 Kalka-Simla Railway to get modern coaches
📝 BHEL logs over 17pc rise in new orders in 2022-23
📝 Vande Bharat’s BIG Update! Indian Railways plans to launch semi-high speed trains to every state by THIS month – All details here
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