Last Updated: Thursday, August 14, 2014, 13:50
Shares of Lanco Infratech and Adani Power gained as much as 5 percent on Thursday following a mega deal for a power plant between the two companies.
Last Updated: Wednesday, August 13, 2014, 21:30
Adani Power will acquire Lanco Infratech's 1,200 MW Udupi thermal plant in a deal worth over Rs 6,000 crore.
Last Updated: Thursday, June 26, 2014, 17:25
The development comes at a time when State-owned Coal India and NTPC are at loggerheads over quality of coal being supplied to the plants of the power producer.
Last Updated: Tuesday, June 10, 2014, 20:40
The National Stock Exchange (NSE) has decided to shift stocks of 86 companies, including Essar Oil, Provogue (India) Ltd and Lanco Industries, to the restricted trade category from Friday as part of surveillance measures.
Last Updated: Sunday, May 25, 2014, 13:27
Lanco Infratech said its net loss for the quarter ended March 31 widened to Rs 584.29 crore on account of drop in revenue and mounting losses in EPC and construction business.
Last Updated: Monday, February 03, 2014, 12:58
The company had reported a net loss of Rs 465 crore during the same period a year ago, Lanco Infratech said in a BSE filing.
Last Updated: Tuesday, December 10, 2013, 14:13
Lanco Industries on Tuesday said brokerage firm Dalmia Securities has increased stake in the company to 6.87 percent through open market purchase.
Last Updated: Sunday, November 24, 2013, 13:44
India's major 10 infrastructure companies have together paid out more than USD 1 billion towards finance and interest costs during the first half of fiscal, resulting in huge dents in margins in some cases.
Last Updated: Tuesday, November 12, 2013, 18:49
The company had reported a net loss of Rs 136 crore in the same quarter of last financial year.
Last Updated: Monday, September 23, 2013, 18:17
Amid delays by some firms in inking of fuel supply agreements (FSAs) with Coal India, an inter-ministerial panel has allowed Lanco to enter into the pact, condoning delays in achieving milestone for its 660 MW Babandh power project in Odisha.
Last Updated: Tuesday, September 03, 2013, 18:41
The Group has cut down its workforce to 4,000 by the end of March this year and around 400 employees so far in the current fiscal. The Group currently has 4,100 to 4,200 employees, sources said.
Last Updated: Thursday, August 29, 2013, 17:24
The inter-ministerial group on coal blocks has recommended issuing show cause notices to allocatee of mines including the one jointly given to ArcelorMittal, Sterlite Energy, Lanco and Reliance Energy, which are named in FIR registered by CBI.
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