financetom
Business
financetom
/
Business
/
KEC International says 2019 elections will not impact operations significantly
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
KEC International says 2019 elections will not impact operations significantly
Nov 5, 2018 4:53 AM

After posting an in-line set of Q2 results and selling entire stake in Rajasthan-based power transmission arm at an enterprise value of Rs 227.5 crore to Adani Transmission, KEC International on Monday said 2019 elections will not impact company's operations significantly.

In an interview to Vimal Kejriwal, managing director and chief executive officer, said KEC International expects 10 percent growth for transmission and distribution (T&D) business in FY19, "Expects over 20 percent revenue growth in T&D in the second half of the year."

Talking about business, Kejriwal said, “T&D business is around 70 percent of our overall orderbook of that 51 percent is outside India. So, India T&D orderbook is only 20 percent of my overall orderbook."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
India Morning Newsletter, March 28
India Morning Newsletter, March 28
Mar 27, 2024
(India Morning Newsletter will not be published on Friday, March 29, on account of the Good Friday holiday) To access a PDF version of this newsletter, please click here If you would like to receive this newsletter via email, please register at: https://solutions.refinitiv.com/MNCIndiaSubscriptionpage For an index of our newsletters click on ...
JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers
JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers
Mar 27, 2024
SYDNEY, March 28 (Reuters) - JPMorgan ( JPM ) has appointed Rita Chan and Alan Ho as co-senior country officers for China, according to a memo reviewed by Reuters on Thursday. The pair will take up their appointments on April 1 and replace the retiring Mark Leung. A JPMorgan ( JPM ) spokesman confirmed the contents of the memo. ...
BRIEF-Take-Two Interactive Software To Acquire The Gearbox Entertainment Company
BRIEF-Take-Two Interactive Software To Acquire The Gearbox Entertainment Company
Mar 27, 2024
March 27 (Reuters) - Take-Two Interactive Software Inc ( TTWO ) : * TAKE-TWO INTERACTIVE SOFTWARE, INC. ( TTWO ) TO ACQUIRE THE GEARBOX ENTERTAINMENT COMPANY INC., DEVELOPER OF HIGHLY SUCCESSFUL BORDERLANDS FRANCHISE * TRANSACTION VALUED AT $460 MILLION; EXPECTED TO CLOSE IN Q1 OF TAKE-TWO'S FISCAL YEAR 2025 * ENTERED INTO A DEFINITIVE AGREEMENT WITH EMBRACER GROUP TO ACQUIRE...
Freighter pilot called for tugboat help before plowing into Baltimore bridge
Freighter pilot called for tugboat help before plowing into Baltimore bridge
Mar 27, 2024
BALTIMORE, March 27 (Reuters) - The pilot of the cargo freighter that knocked down a highway bridge into Baltimore Harbor had radioed for tugboat help and reported a power loss minutes earlier, federal safety officials said on Wednesday, citing audio from the ship's black box data recorder. The head of the National Transportation Safety Board also said that Francis Scott...
Copyright 2023-2026 - www.financetom.com All Rights Reserved