Top Indian Infrastructure Industry News & Updates - 12 May 2023,Friday

🏢 Industry & SEZ

📝  Kirloskar Brothers Q4FY23 profit jumps 93% at Rs 90.7 crore, revenue at Rs 1124.60 crore
📝  Infra boost for Maharashtra! Govt to build double decker bridges – Check cities and other details
📝  Infrastructure, investments to stay in focus for 25 yrs: FM

🏗 Construction

📝  Developers plan larger malls to go beyond shopping
📝  Private sector capex will gather pace: L&T CFO R Shankar Raman
📝  L&T optimistic of Rs 5-trn order book in 2 years: Raman

🏘 Real Estate

📝  Ajmera Realty & Infra India Q4 Results: Net profit rises 8% YoY to Rs 15 crore
📝  Supertech to raise over Rs 1,200 cr for the completion of stuck projects
📝  Opening of Dwarka Expressway to increase property prices by up to 40% in the region, say experts
📝  T-Hub ties up with commercial real estate firm Berkadia
📝  Vatika Group partners with IREAA India for leasing retail projects in New Gurgaon
📝  As investments in GCCs dry up landlords look to smaller deals to keep the leasing momentum going

🚙 Roads & Highways

📝  Ring-road phase-2 proj work to be completed by February 2024
📝  Why Dwarka expressway & NH-8 junction could become a bottleneck in future
📝  Indian road projects face execution and funding challenges: Report
📝  Work on 17.5-km stretch of Chennai - Tirupati highway likely to be completed by September 2024
📝  Nitin Gadkari reviews progress of Kaziranga Elevated Road project

🚢 Ports

📝  India eyes green hydrogen bunkering at major ports by 2035
📝  JSW Infra files for IPO to raise ₹2,800 crore

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