L&T delivers 500th Mini Compactor
Mahima is a large fleet owner of L&T Compactors, with more than 10 machines in his fleet. This machine has a drum width of 1.2 m and weighs 3400 kg. These machines are used for apartment basements, internal roads of townships, parking lot, footpaths, compaction around pillars for elevated metro rail, National Highway shoulder compaction and various jobs in the Smart City Project.
L&T Compactors have made fast inroads in the road segment in the Indian market and have been deployed for construction of roads, highways and tollways. Besides the L&T 491 Mini Tandem Compactor, L&T offers L&T 1190 Soil Compactor and L&T 990 Tandem Compactor and L&T 2490 Pneumatic Tyred Rollers for road construction. With the Government of India’s policy on expanding the road network, the compactor market is in an upbeat mood and poised for a big growth in the near future.
Concorde Buys Land in Hennur for Rs 5 billion Housing Project
Concorde has acquired a 3-acre land parcel in Hennur, North Bengaluru, for a premium high-rise residential development. With a total saleable built-up area of approximately 4.25 lakh sq ft, the project carries a Gross Development Value (GDV) of around Rs 5 billion and is expected to be launched in FY 2026–27. The upcoming project will comprise thoughtfully designed 2 and 3 BHK residences, catering to urban homebuyers seeking quality, connectivity, and community. It marks Concorde’s continued expansion in the high-demand North Bengaluru corridor. “This investment underlines our ..
Shree Cement Appoints Jay Mukhopadhyay as Safety Head
Shree Cement, one of India’s leading cement manufacturers, has appointed Jay Mukhopadhyay as its Corporate Safety Head. With over 30 years of experience in Health, Safety & Environment (HSE), Mukhopadhyay brings strong expertise in embedding safety into corporate culture.He has previously led large-scale safety programs and is recognised for driving people-first, compliance-oriented safety systems across industrial operations.At Shree Cement, Mukhopadhyay will spearhead safety strategy across all plants and project sites. His focus will include developing unified safety frameworks, promo..
REC Reports Record Quarterly Profit of Rs 4,451 Crore
REC has reported its highest-ever quarterly profit, with net profit reaching Rs 4,451 crore for the quarter ended June 30, 2025. The Board of Directors approved the standalone and consolidated financial results for Q1 FY26.Key Highlights – Q1 FY26 vs Q1 FY25 (Standalone):• Disbursements rose by 36 per cent to Rs 59,508 crore• Total income increased 13 per cent to Rs 14,734 crore• Net interest income climbed 17 per cent to Rs 5,247 crore• Net profit grew 29 per cent to Rs 4,451 crore• Return on net worth improved by 312 bps to 22.63 per centThe company sustained strong growth across..
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