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1.This fiscal, we invested Rs.30 crore on purchasing equipment

With ongoing projects worth Rs 1,400 crore and a marked presence in India for over three decades, Atlanta Ltd has registered a threefold increase in its revenue at Rs 130 crore.


2.Hyderabad metro rail work to begin shortly

Construction work on the Hyderabad metro rail will start shortly as L&T Hyderabad Metro Rail, a subsidiary and special purpose vehicle of L&T Infrastructure Development Projects, has achieved financial closure for the project. Hyderabad Metro Rail will start handing over land to L&T in a phased manner.


3.PMC strands 120 projects

The Pune Municipal Corporation (PMC) standing committee has stranded about 120 development project proposals related to the city' s infrastructure. These plans were proposed by the civic administration at different stages since March last year.


4.L&T handles Rs 45k cr road, infra projects

Larsen & Toubro (L&T) Chief Financial Officer R Shankar Raman has said that currently the company handles a portfolio of infrastructure assets


5.Net profit of Orbit Corp rises despite fall in sales

Despite decline in sales, Orbit Corporation managed to post a 136.54 percent rise in net profit at Rs 6.15


6.L&T achieves financial closure for its Maha road projects

For two of its road projects in Maharashtra, L&T Infrastructure Development Projects (L&T IDPL), a subsidiary of Larsen & Toubro Ltd, and one of the pioneers in infrastructure development in India, has achieved financial closure on November 30.


7.Kanakia to take up redevelopment project in Versova

Kanakia Group, whose promoters recently sold a controlling stake in multiplex chain Cinemax India to PVR, is building a portfolio of redevelopment projects as it trains its focus again on residential developments. Mumbai-based Kanakia Spaces is in advanced negotiations for the redevelopment of a housing society in Mumbai’s Versova suburb.


8.Banking on maturity

Bank credit is fast running out. Instruments and financiers to support the next wave of infrastructure development are works in progress. While infrastructure finance appears to be transiting towards maturity, Charu Bahri wonders if it is happening quickly enough.


9.States urged to share cost of railway projects

The Union Ministry of State for Railways has urged state governments to share the costs of railway development projects. India has 63,000 km of railway line and is planning to add 23,000 km of more railway lines by 2020.


10.Top Projects - Tamil Nadu

With a geographical area of 130,058 sq km and a total population of 72.13 million, Tamil Nadu is among the most industrialised states in the country.