Vertex Launches Its Largest Project in Telangana

How automation kits can bring productivity gains to material handling

While automation can deliver tangible productivity gains to every industry, it can especially improve safety in the hazardous construction and mining industries.

Consider automation as applied to material-handling equipment used in construction and mining, from cranes to conveyors. The math in favour of models with automation features is simple. Say, if the filling of a bucket of an earthmover were left to the judgement of the operator, sometimes it would be underfilled and sometimes overfilled, potentially to great loss either way. A suboptimal fill, even a 90 per cent fill, woul..

Q4 profit: Keystone Realtors' profit falls 60%

A 60 % fall was seen in realty firm Keystone Realtors Ltd net profit to Rs 0.3 billion for the March quarter. Last year in the same period. The company?s net profit stood at Rs 0.76 billion.

In addition, total spending increased to Rs 7.81 billion from January to March of the previous fiscal year from Rs 2.71 billion the previous year. In the fourth quarter of the most recent fiscal year, total income increased to Rs 8.26 billion from Rs 3.57 billion during the same period the previous year.

The company's net profit increased to Rs 1.12 billion in the 2023?24 fiscal year from Rs..

Brookfield India Real Estate Trust will acquire a 50% stake

50% of the four Grade A assets from Bharti Enterprises (Bharti) will be acquired by Brookfield India Real Estate Trust (BIRET) as per an agreement between the two. The 3.3 million square feet of commercial real estate included in the deal have an enterprise value of about Rs 60,000 million. The whole equity payment for the 50% interest would be satisfied by giving Bharti first dibs on BIRET units, which are valued at Rs 300 each. After that, Bharti will retain an 8.53% ownership position in BIRET, making it the second-largest unitholder.

The portfolio of properties consists of the op..