KEC International Profit Rises 34%

04 Feb 2025 CW Team

KEC International Ltd. reported a 34% year-on-year rise in net profit for the third quarter of this financial year, missing analysts' estimates. The civil construction company recorded a net profit of Rs 1.3 billion for the quarter ended December, compared to Rs 970 million in the same quarter of the previous fiscal, according to an exchange notification on Monday. This was below the Rs 1.62 billion estimate by analysts tracked by Bloomberg. Revenue increased 6.8% year-on-year for the three months ended December, reaching Rs 53.49 billion. Analysts had projected revenue of Rs 56.15 billion. Operating income, or earnings before interest, taxes, depreciation, and amortisation, rose 22% year-on-year to Rs 3.74.5 billion. The Ebitda margin expanded to 7% from 6.1% in the same period the previous year. Analyst estimates for the Ebitda and Ebitda margin tracked by Bloomberg were Rs 3.99 billion and 7% respectively.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..