Top 10 Interior Design Ideas for Modern Indian Homes

Be it a high-rise apartment in the suburbs or a bungalow in a quiet corner of the city, Indian homes always reflect an elegant look a vibrant presence. When it comes to interior decor, Indian homes are based more on the rich heritage. With time, Indian home owners have also adapted the innovative, and inspiring designing concepts to make their […]

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Asian Paints net profits shows growth 35% in Q1 FY19

By Realty Quarter Bureau Asian Paints has registered a growth of 35 per cent in its net profit during the quarter ending June 2018. Its profit after tax (PAT) stood at Rs 542.63crore as against Rs 400.86crore it recorded in the corresponding quarter last year. Its net income was Rs 3,775.10crore during a said quarter, a 3 per cent rise from […]

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Shree Cement incorporated two investments firms in Dubai

By Realty Quarter Bureau Shree Cements today informed that it has incorporated two step-down subsidiaries in Dubai International Financial Centre, which would act as investment companies for the group. Shree Global FZE, a wholly-owned subsidiary of the company in Jebel Ali Free Zone, Dubai, has incorporated Shree Enterprises Management and Shree International Holding. The two incorporated companies will act as investment companies for acquiring […]

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Housing schemes needs to push steel demand: Steel Minister

By Realty Quarter Bureau Demand for steel is expected to grow for meeting the needs of the state-run flagship schemes like Make in India, housing projects and the defence sector, said Union Steel Minister Chaudhary Birender Singh on Friday. “Demand for value-added and sophisticated grade of steel is expected to grow to meet the needs of state initiatives like Make in India, Pradhan […]

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ICRA reports domestic cement sector to see growth post FY19 of 6%

By Realty Quarter Bureau The domestic cement sector is expected to post a 6% growth in FY2019 with growth momentum likely to sustain though input costs like power, fuel and freight expenses are likely to put pressure on the operating profitability of cement companies in the coming quarters, ratings agency ICRA has said. Domestic cement production was higher by 6.3% at 298 million tonnes […]

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State government issues guidelines for construction of bridges

By Realty Quarter Bureau The Maharashtra government has come out with guidelines to avoid a delay in the construction of bridges, due to a lengthy land acquisition process. According to a recently-issued government resolution (GR), the Public Works Department (PWD) will take action and slap a penalty, on those not following the norms. “Construction work of several bridges in the […]

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ICRA reports cement output growth 6.3% in FY18

By Realty Quarter Bureau By improving demand, domestic cement output grew 6.3 per cent to 298 million tonne (MT) in 2017-18, according to credit rating firm Icra. It also said that going by the prevalent trend, the growth momentum is expected to continue in the current financial year and the industry is likely to report a growth of 6 %. “In 2017-2018, cement production registered […]

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L&T Construction Bags Orders for Rs 2,440 cr

By Realty Quarter Bureau Engineering major Larsen and Toubro (L&T) said its subsidiary L&T Construction has bagged orders worth Rs 2,440 crore in the domestic market. “The power transmission and distribution business of L&T Construction has bagged EPC orders worth Rs 2,440 crore,” L&T said in a BSE filing. L&T said it has received an order under Saubhagya scheme for electrification […]

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Jindal Steel & Power Ltd Posts Consolidated Net Profit of Rs5.5cr in Q4FY18

By Realty Quarter Bureau Jindal Steel and Power beat consensus estimates for both revenue and net profit in Q4FY18. Revenue grew by 27.3% yoy to Rs8, 599cr (expectation Rs8, 081cr). EBITDA stood at Rs2, 136cr, up 37.7% yoy against estimates of Rs2, 014cr. EBIDTA margin rose by 187bps yoy to 24.8%. Adjusted Net Profit stood at Rs5.5cr (expectation of Rs3cr). […]

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