The TECH Trap

September 25, 2006

the tech trap

Written by ITW Editor · Filed Under Tech

NHAI to expand operations

September 20, 2006

nhai NEW DELHI, SEPT 20: With increased private investment in highway projects, national highways authority of India (NHAI) is playing a much smaller role in highway construction and is now expanding the scope of its operations by providing additional services such as traffic management and wayside amenities.

Written by ITW Editor · Filed Under Investment and Finance

Rebuilding construction sector! Still a long way

September 16, 2006

Construction stocks saw a sharp correction from their May peak levels and some are yet to see recovery in their stocks. The concerns of shrinking margins affecting the profitability seem to overshadow the growth momentum witnessed by the construction companies. The stocks had a steep fall and have a long way to go to re-attain their peak level.

On the financial performance front, the topline of construction majors like HCC, Simplex, IVRCL and Gammon have grown significantly but the bottomline has not shown a similar rise. The companies have also seen the OPM and their NPM under pressure.

Written by ITW Editor · Filed Under Uncategorized

Stay invested in SREI Infrastructure Finance

September 14, 2006

Investment Advisor SP Tulsian is of the view that one can stay invested in SREI Infrastructure Finance.

Tulsian told CNBC-TV18, “SREI Infrastructure Finance is more an infrastructure play. This is the first company having gone for the overseas issue for mobilizing their funds. They have got the road project on BOT basis in alliance with some other company to the extent of Rs 3000 crore. Generally road projects on BOT basis takes longer time, generally the execution time is anywhere between two-four years and then thereafter for about 17.5 to 25 years. They operate those projects where they earn in the form of toll collected from the roads which they have constructed.”

Written by ITW Editor · Filed Under Investment and Finance

Cabinet to consider NHAI restructuring soon

September 13, 2006

NEW DELHI, SEPT 13: In a bid to bring in more private investment in the National Highways Development Project (NHDP), the National Highways Authority of India (NHAI) is seeking a complete overhaul of its administrative set up.

NHAI has already sent a corporate restructuring note to the committee on infrastructure stating that it wants greater decision-making autonomy, in order to expedite all highways projects.

Written by ITW Editor · Filed Under Uncategorized