Norms relaxed for working capital needs of road builders

NACDAC PAT Rises 39%, Net Worth Doubles in FY25

NACDAC Infrastructure Limited has posted robust financial results for the fiscal year ended March 2025, with profit after tax (PAT) rising by 38.97 per cent year-on-year and net worth more than doubling. The company also reported a 33.84 per cent increase in revenue from operations, supported by operational efficiency, strategic project execution, and expansion across sectors and regions.In FY25, NACDAC recorded:Revenue from operations of Rs 485.8 million (up from Rs 362.97 million in FY24)EBITDA of Rs 67.6 million (up 31.93 per cent YoY)PAT of Rs 41.4 million (up from Rs 29.8 million in FY24)..

Tata Communications Boosts Asia Connectivity With New Subsea Cable

Tata Communications, a global leader in communications technology, has announced the integration of the TGN-IA2 submarine cable system into its existing network. Developed by the Asia Direct Cable (ADC) consortium, the new cable represents a major advancement in network capacity, speed, and reliability for businesses across Asia and beyond.The TGN-IA2 cable is designed to deliver seamless connectivity, scalable bandwidth, and high-capacity data transfer across multiple routes. It will benefit enterprises, hyperscalers, and service providers by offering diverse and resilient connectivity throug..

L&T Wins Water Projects in Rajasthan Worth Over Rs 1 Billion

Larsen & Toubro’s Water & Effluent Treatment (WET) business has secured major engineering, procurement and construction (EPC) orders from the Public Health Engineering Department of Rajasthan, aimed at improving water access and infrastructure across rural areas of the state.The largest order is for the Rajasthan Rural Water Supply and Fluorosis Mitigation Project – Phase II, Package-1, which includes the supply and installation of 5,251 km of transmission and distribution pipelines, construction of 38 ground-level reservoirs with a combined capacity of 40 million litres (ML), 20 p..