Lanco Infratech has got an order from the Supreme Court to resume development on a Rs 5,000 crore township project in Hyderabad, the company said.

Lanco Infratech is trading higher 4% at Rs 13.50 in otherwise weak market in morning trades after the Supreme Court passed orders staying the orders of the Wakf Tribunal and also a division bench of Andhra Pradesh (AP) High Court which prevented the

In a major relief to Lanco Infratech Limited (LIL), the Supreme Court passed orders on Tuesday staying the orders of the Wakf Tribunal and also a division bench of Andhra Pradesh (AP) High Court which prevented LIL from selling the properties in its

Adding woes to Lanco Infratech embroiled in a legal battle with Perdaman Industries over coal supply issues in Australia, Ric Stowe - the former owner of Griffin Coal - is now claiming the mines back saying that current owner Lanco did not stick to its

Shares of realty and infrastructure companies are under pressure at the bourses after the Reserve Bank of India (RBI) kept interest rates unchanged, which is expected to impact the net profit growth of these sectors.

Lanco Infratech is known to be in talks with international energy majors like AES of United States and Gaz de France to sell a part of its power business.

The diversified group currently has an installed power generation capacity of 4,400 MW.

Shares of power generation companies extended their rally for the third day in a row after the Prime Minister has approved suggestions made by the Secretary level Committee for solving the issue of coal deficit faced by power sector.

Lanco Infratrech today reported nearly 63% dip in consolidated net profit for the quarter ended December 31, 2011, at Rs 60.92 crore on higher outgo on raw material and interest expenses.

Lanco Infra has gained in morning trades after reporting a better than expected net profit for the third quarter.

The Centre for Science and Environment (CSE) today alleged that Lanco Infratech flouted rules in bagging projects under the National Solar Mission, a charge refuted by the diversified group.

Lanco Infratech’s share price has appreciated almost 60 per cent in the last one month, partly driven by news that the company was planning to rope in private equity funding.

Environment activists are exploring the legal clauses to challenge the public hearing completed for Lanco’s major power expansion plan in Chhattisgarh’s Korba district on Saturday amidst large scale violence.

Lanco Infratech Ltd has filed a claim of around Rs 200 crore under the ‘advanced loss of profit’ (ALOP) policy, the biggest claim from a corporate house in the current financial year.

Lanco Infratech has surged after the news that it is close to deal on hiking coal prices at Australia mine.

Lanco Infratech-owned Griffin Coal's threat to halt coal supply to the Bluewaters Power Station in Western Australia unless prices are revised upward seems to have worked, with sources close to the development indicating an agreement might be inked within

Lanco Infratech plans to spend as much as Rs 24,000 crore on capital expenditure over three years, even as the diversified group remains "cautious" amid coal supply issues hurting the overall power sector.

A day after Lanco Infratech announced the formal termination of coal supply pact with the company, Australia's Perdaman Industries on Wednesday termed the Indian group's move as "wrongful".

A day after Lanco Infratech announced the formal termination of coal supply pact with the company, Australia's Perdaman Industries today termed the Indian group's move as "wrongful".

Lanco Infratech today said it has formally terminated the coal-supply pact with multinational Perdaman Industries, but has offered to reconsider the move, amid their about Rs 16,600 crore (3.5 billion (AUD) Australian dollars) legal battle in Australia.