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1.Wacker Neuson increases revenue in first half of FY10

The Wacker Neuson Group increased its revenue for the first half of 2010 relative to the previous year.


2.Update on railway earnings

According to a press release from the railway ministry, the total approximate earnings of Indian Railways on originating basis between February 11-20, 2012,


3.Freight handling rises 5.3% for Indian Railways

The revenue earnings freight carried by Indian Railways expanded 5.30 per cent to 565.37 million tonne in the current financial year up to October 2012


4.Coke oven battery of Tata Steel goes on stream

As part of its ambitious 9.7 million tonne per annum expansion project in its Jamshedpur facility, Tata Steel commissioned a new coke oven battery No 10 and by-product


5.High cost causes Tata Steel to post consolidated loss

For the quarter ending September 2012, the Tata Steel posted a consolidated net loss of Rs 363.9 crore compared to a net profit of Rs 212 crore for the year-ago period. The company attributed losses to lower steel prices and higher raw material costs, coupled with the poor performance of its Europe division, Tata Steel Europe, whic


6.Puravankara's profit more than doubles in Dec quarter

During Oct-Dec 2012, the consolidated profit of Puravankara Projects expanded 101.28 per cent to Rs 64.41 crore because of ready-to-move-in (ready units) inventory and new launches. The company generated 28 per cent of revenue from the ready-to-move-in inventory during the quarter and the balance from the ongoing


7.Earnings of realtors improve on rise in sales

Leading property developers in the country have posted strong earnings results on the back of improvement in sales and the consequent rise in bottomlines. Developers like Godrej Properties said the improvement in sales numbers is mainly on the back of new projects which launched in recent months.


8.Sobha Developers to foray into more towns

After announcing its March quarter results, real estate firm Sobha Developers informed that it plans to expand operations in Kochi and Kozhikode besides foraying into new towns like Hyderabad and Noida or Ghaziabad region. JC Sharma, Vice-Chairman and MD of Sobha Developers informed that the firm has an order book worth Rs 5.34 billion to be executed in the next two years. It ha


9.Railways' freight traffic rises 4.12% in 2012-13

During 2012-13, the Indian Railways have carried 1.009 billion tonne of revenue earning freight traffic compared to 969.78 million tonne in the previous year. This represents an increase of 39.95 million tonne or 4.12 per cent over 2011-12. In March 2013, the revenue earning freight traffic carried by Indian Railways was 98.20 million tonne. There is an increase of 4.35 million tonne over the actual freight traffi


10.Net revenue of ACC, Ambuja declines

Net revenue of cement major ACC contracted about 3 percent from a year ago to Rs 2,911.1 crore, while that of Ambuja fell 3.5 percent to Rs 2,544.8 crore during Jan-Mar 2012-13. The decline in net revenue is attributed to weak cement prices amid tepid demand. Moreover, lower raw material costs did not offer any respite as expenses on oth