Rs 16.65 Billion AMRUT 2.0 Funds Approved For J&K, Minimal Spend
Union Minister Hardeep Singh Puri has revealed that under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 scheme, the Union Territory of Jammu & Kashmir was allocated Rs 16.65 billion. However, only Rs 110 million has been spent so far.The Minister said the scheme aims to improve water supply, sewerage, and green spaces in urban areas. He stressed the importance of timely project implementation to ensure that residents benefit from the infrastructure upgrades.Officials attributed the slow utilisation to delays in tendering, administrative approvals, and project plann..
Visaka Industries Q1 Profit Rises 23 Per Cent To Rs 388 Million
Visaka Industries Ltd has reported a consolidated net profit of Rs 388 million for the quarter ended June 2025, up 23 per cent from Rs 315 million a year earlier. Consolidated revenue from operations rose 11 per cent year-on-year to Rs 5.56 billion from Rs 5.01 billion.The company said growth was driven by higher sales in its building materials segment, supported by increased demand from both rural and urban markets. The textiles division also contributed positively to the topline.Visaka Industries continues to focus on product innovation, operational efficiencies, and expanding its market rea..
HFCL Bags Rs 7.76 Billion Orders For Optical Fibre Cables
HFCL Ltd has secured purchase orders worth Rs 7.76 billion from Larsen & Toubro (L&T) and ITI Ltd for the supply of optical fibre cables. The cables will be used in various defence network projects across India.The company said the contracts highlight its expertise in advanced fibre optic technology and its role in supporting the country’s strategic communication infrastructure. Deliveries are scheduled in line with project timelines.HFCL added that it continues to focus on expanding its product portfolio, strengthening manufacturing capabilities, and enhancing its presence in domest..
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