Macrotech Developers' net profit rises 87.02% in Q3 FY25

28 Jan 2025 CW Team

Macrotech Developers has reported a growth of 87.02 per cent in its net consolidated profit during the quarter ended December 31, 2024. Its profit after tax stood at Rs 9.44 billion in Q3 FY25 as against Rs 505.2 it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

Based on the recommendation of the nomination & remuneration committee, the board of directors have approved the appointment of Sushil Kumar Modi as an additional and whole-time director, for a term of three years, with effect from January 25, 2025. The board also approved the appointment of Sanjay Chauhan as the chief financial officer (CFO) and key managerial personnel of the company with effect from January 25, 2025.

Infrastructure Urban

09 Oct 2025

India, UK Chart New Course For Trade And Investment Ties

Union Minister of Commerce and Industry, Shri Piyush Goyal, and the Rt. Hon. Peter Kyle, UK Secretary of State for Business and Trade, held a bilateral meeting in Mumbai to set a renewed course for the India–UK trade and investment partnership.The meeting marked a major milestone towards operationalising the India–UK Comprehensive Economic and Trade Agreement (CETA). Both Ministers agreed to reposition the Joint Economic and Trade Committee (JETCO) to oversee its implementation, delivery, and long-term strategic coordination.They reaffirmed their shared commitment to ensuring swift and res..

Piyush Goyal Co-Chairs India–Qatar Trade Commission In Doha

Union Minister of Commerce and Industry, Shri Piyush Goyal, paid an official visit to Doha, Qatar, to co-chair the India–Qatar Joint Commission on Economic and Commercial Cooperation with H.E. Sheikh Faisal bin Thani bin Faisal Al Thani, Qatar’s Minister of Commerce and Industry.This was the first meeting of the upgraded Joint Commission, following the decision during the visit of the Amir of Qatar to India in February 2025 to elevate the earlier Joint Working Group on Trade and Commerce. The visit reaffirmed the two nations’ strong commitment to advancing bilateral economic engagement a..

Centre Approves Rs 246 Billion Railway Expansion Projects

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved four major railway infrastructure projects worth approximately Rs 246 billion (Rs 24,634 crore). These multi-tracking projects, spread across Maharashtra, Madhya Pradesh, Gujarat, and Chhattisgarh, aim to enhance rail connectivity, ease congestion, and improve logistics efficiency.The approved projects include:Wardha–Bhusawal (Maharashtra): Third and fourth line – 314 kmGondia–Dongargarh (Maharashtra & Chhattisgarh): Fourth line – 84 kmVadodara–Ratlam (Gujarat & Madhya Prad..