Ajit Gulabchand

Hindustan Construction Company Hits Upper Circuit On Settling Disputes With NHAI

Business | Edited by Abhishek Vasudev | Wednesday March 31, 2021

HCC shares were locked in 5% upper circuit at Rs 8.07 after it settled disputes with National Highways Authority of India (NHAI).

Lavasa, A Billionaire's Dream City Near Mumbai, Turns Into Ghost Town

India News | Anto Antony and Dhwani Pandya, Bloomberg | Wednesday June 20, 2018

The days of zero crime are over. Garbage collection is sporadic, so litter soils the man-made lake. Storefronts are vacant. Signs of neglect are everywhere: maintenance is late or nonexistent.

HCC Q4 Net Profit Drops 7% To Rs 19 Crore

Business | Press Trust of India | Thursday April 28, 2016

Infrastructure major Hindustan Construction Company (HCC) on Thursday reported a 7.31 per cent decline in its standalone net profit at Rs 19.14 crore for the March quarter.

India Back in Reckoning at Davos, Say Business Leaders

Business | Wednesday January 21, 2015

Ajit Gulabchand, chairman & MD of HCC, said that the difference this year in Davos is that everybody who had turned their backs on India and talked about India in whispering terms are back here asking, what is happening in India.

TERI survey: 38 per cent Mumbaikars see no change in green cover

Mumbai News | Written by Saurabh Gupta | Thursday May 9, 2013

The Energy and Resources Institute (TERI) released the results of its environmental survey for the city of Mumbai on Tuesday. The survey has been carried out for six cities, which include, Mumbai, Bengaluru, New Delhi, Hyderabad, Kolkata and Chennai with a sample size of 1010 who were distributed around different age groups, occupation, education a...

Market cues: Emerging market flows, SBI fund raise and more

Business | Monday January 30, 2012

Asian markets dipped on Monday as traders were concerned about a weaker than expected US fourth quarter economic data.

Pune court to give crucial order on Lavasa today

India News | NDTV Correspondent | Monday January 30, 2012

The Pune court will, on Monday, decide on the future course of action in the case against Chairman of Lavasa Corporation Limited, Ajit Gulabchand and 14 other directors of the company.

HCC Q3 net loss at Rs 130 cr on cost overruns, interest outgo

Business | Friday January 20, 2012

Cost overruns and higher interest outgo led to Hindustan Construction Company posting a loss of Rs 130 crore

Ajit Gulabchand wants PM to intervene in Lavasa matter

Business | NDTV Correspondent | Saturday November 26, 2011

Lavasa chairman Ajit Gulabchand wants the Prime Minister to intervene after the environment ministry (MoEF) on Friday denied clearance to the first phase of the Rs.3,000 crore Lavasa hill city project near Pune. He said the way the government has handled the entire Lavasa episode is a big no-no for industrialists and the company may even tak...

Environment Ministry gives conditional clearance to Lavasa

India News | NDTV Correspondent | Wednesday November 9, 2011

Lavasa - the massive township that's being built at a cost of Rs 3000 crore near Pune in Maharashtra - has received a conditional clearance from the Ministry of Environment in Delhi . The housing project - being built over 25, 000 acres - confronts court cases for alleged violation of the Environmental Protection Act. Those cases will continue, but...

Lavasa chief wants PM to intervene after govt refuses green nod

India News | NDTV Correspondent | Friday October 14, 2011

Ajit Gulabchand, the chairman of Hindustan Construction Company (HCC) wants the Prime Minister to intervene after the environment ministry (MoEF) on Friday denied clearance to the first phase of Rs 3,000 crore Lavasa hill city project near Pune.