New Delhi, June 29 (IANS) In a major push to infrastructure financing and long-term economic development, the Union Cabinet chaired by Prime Minister Narendra Modi on Monday approved an additional government investment commitment of Rs 30,000 crore to the National Investment and Infrastructure Fund (NIIF). The fresh allocation doubles the Government of India’s total commitment to the sovereign-backed investment platform to Rs 60,000 crore.The decision is aimed at accelerating investments in cr…
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Mumbai, May 17 (IANS) RPG Group infrastructure EPC major KEC International has reported a sharp decline in its fourth-quarter earnings, with net profit falling 28 per cent year-on-year (YoY).The Mumbai-based infrastructure engineering and construction company posted a consolidated net profit of Rs 193 crore for Q4 FY26, compared to Rs 268 crore in the corresponding quarter last financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations also declined during the quart…