REC inks three strategic MoUs for renewables

Autodesk Elevates Nikhil Bagalkotkar to Lead AEC in India, SAARC

Autodesk has elevated Nikhil Bagalkotkar as Head – Architecture, Engineering and Construction (AEC), India and SAARC, with immediate effect.In his new role, Bagalkotkar will lead Autodesk's AEC business strategy across the region and drive adoption of the company's Design and Make platform. He will also focus on promoting digital design and construction technologies to help customers accelerate innovation and deliver more sustainable and resilient infrastructure.Bagalkotkar will be responsible for expanding Autodesk's AEC business, strengthening customer and partner engagement, and accelerat..

Listed Developers' Pre-Sales Seen Rising 22.3 Per Cent in FY27

India's leading listed residential developers are expected to sustain strong sales momentum in FY27, with combined pre-sales of 11 major players projected to rise 22.3 per cent year-on-year, according to an analysis by ANAROCK Research & Advisory.Combined pre-sales of the developers are estimated to increase from Rs 1.49 trillion in FY26 to Rs 1.82 lakh crore in FY27. ANAROCK attributed the growth to sustained end-user demand, new project launches and strong execution despite higher property prices, construction costs and global uncertainties.Dr Prashant Thakur, Executive Director and Head..

Balu Forge Q1 FY27 Profit Rises 15.9 Per Cent to Rs 661 Mn

Balu Forge Industries Ltd (BFIL) reported a 29 per cent year-on-year increase in revenue from operations to Rs 3,007 million for the quarter ended June 30, 2026, compared with Rs 2,332 million in Q1 FY26.The precision engineering and manufacturing company recorded EBITDA of Rs 848 million, up 17.3 per cent from Rs 723 million in the corresponding quarter last year. EBITDA margin stood at 28.2 per cent, compared with 31 per cent in Q1 FY26.Profit after tax increased 15.9 per cent YoY to Rs 661 million from Rs 570 million, while PAT margin stood at 21.7 per cent. Earnings per share rose 8.9 per ..