Anil Ambani-led Reliance Infrastructure today reported consolidated net profit of Rs 40.94 crore for the March quarter against a net loss of Rs 327.41 crore a year ago. The company's total income for the January-March 2017 declined to Rs 6,145 crore from Rs ... Business Standard, 1 week ago
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables Infrastructure and power, core sectors considered proxies of economic growth, have remained relatively free from the effects - good or bad - of demonetisation, as can been seen in their financial performances. On November 8, Prime Minister Narendra Modi had announced the withdrawal of old Rs 500 and Rs 1,000 notes, sucking out cash from the economy and affecting sectors heavily dependent on it.Rediff.com, 2 months ago
Reliance Infrastructure plans to focus on engineering, procurement and construction contracts in four big verticals – power, transport, marine and mega projects. "We are focusing on four big verticals. One entire big vertical is power. In power, we have ...DNA, 2 months ago
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