NBCC

Nov 28 (Reuters) - Life Insurance Corporation of India LIFI.NS:

• NBCC - LIC CUTS STAKE IN CO TO 4.48% FROM 6.55%

Source text: ID:nBSE8FTcqz

Further company coverage: LIFI.NS

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** Shares of NBCC (India) NBCC.NS rise 2.2% to 115.49 rupees

** Civil construction co gets project management consultancy order worth 29.66 bln rupees ($334.7 mln)

** Order from Nagpur Metropolitan Region Development Authority for phase-1 of Naveen Nagpur

** NBCC up ~24% YTD

($1 = 88.6310 Indian rupees)

(Reporting by Vijay Malkar)

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** Shares of NBCC NBCC.NS rise as much as 2.63% to 118.25 rupees apiece, a four-month high

** State-owned construction company secures an order worth 791.1 million rupees ($9 million) from the Institute of Chartered Accountants of India (ICAI)

** Order pertains to the construction of ICAI Bhawan in Raipur as well as its Guwahati facility

** Trading volume on NBCC is at 9.07 million shares as of 10:32 a.m. IST, well above the 30-day average of 8.52 million shares, data compiled by LSEG shows

** NBCC shares are up 24% in 2025 so far, outperforming the Nifty Smallcap 100 index .NIFSMCP100 which is down 1.8%, exchange data shows

($1 = 87.8950 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

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Oct 29 (Reuters) - NBCC (India) Ltd NBCC.NS:

• RECEIVES WORK ORDER WORTH 791.1 MILLION RUPEES

Source text: ID:nBSE6LtH5M

Further company coverage: NBCC.NS

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Oct 21 (Reuters) - Maithan Alloys Ltd MAIT.NS:

• ACQUIRED SHARES WORTH 122.7 MILLION RUPEES IN NBCC INDIA

• DO NOT INTEND TO ACQUIRE CONTROL WHETHER DIRECTLY OR INDIRECTLY OF NBCC MGMT

Further company coverage: MAIT.NS

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** NBCC (India) NBCC.NS rises 2% to 110 rupees, highest in a month

** Construction co signs pact with Rajasthan State Industrial Development & Investment Corporation to develop convention centre, allied infra projects near Jaipur International Airport

** Project valued at ~37 bln rupees ($418.6 mln); targeted for completion in 30 months after approvals

** YTD, NBCC gains 18.3%

($1 = 88.3900 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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Aug 25 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC (INDIA) LTD - RAJASTHAN GOVERNMENT APPROVES 37 BILLION RUPEES PROJECT THROUGH NBCC

Source text: ID:nNSE3Pd32c

Further company coverage: NBCC.NS

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Aug 7 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC JUNE-QUARTER CONSOL NET PROFIT 1.32 BILLION RUPEES

• NBCC JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 23.91 BILLION RUPEES

Further company coverage: NBCC.NS

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Aug 1 (Reuters) - NBCC (India) Ltd NBCC.NS:

• SIGNS MOU WITH DEPARTMENT OF POST

• MOU FOR DEVELOPMENT OF VARIOUS LAND PARCELS ON PAN INDIA BASIS

Source text: ID:nBSEnMCxd

Further company coverage: NBCC.NS

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July 31 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC (INDIA) LTD - SIGNS MOU WITH MPGB FOR CAMPUS DEVELOPMENT

• NBCC (INDIA) LTD - PROJECT VALUED AT 453 MILLION RUPEES FOR MPGB FACILITIES

Source text: ID:nBSE3NQ4G9

Further company coverage: NBCC.NS

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July 8 (Reuters) - NBCC (India) Ltd NBCC.NS:

• RECEIVES RBI APPROVAL FOR OVERSEAS DIRECT INVESTMENT IN UNIT

• REMITS AED 1 MILLION AS EQUITY IN DUBAI SUBSIDIARY

Source text: ID:nBSE59Nvk7

Further company coverage: NBCC.NS

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July 3 (Reuters) - NBCC (India) Ltd NBCC.NS:

• MOU BETWEEN NBCC (INDIA) LIMITED AND NATIONAL FILM DEVELOPMENT CORPORATION

• MOU FOR RENOVATION, REDEVELOPMENT OF SIRI FORT AUDITORIUM COMPLEX IN NEW DELHI

Source text: ID:nnAZN435IP7

Further company coverage: NBCC.NS

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July 2 (Reuters) - NBCC (India) Ltd NBCC.NS:

• RECEIVES WORK ORDER WORTH 3.55 BILLION RUPEES

Source text: ID:nBSE7Ct8yb

Further company coverage: NBCC.NS

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June 23 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC- GOT ORDER WORTH 2.97 BILLION RUPEES

Source text: ID:nBSE408mwk

Further company coverage: NBCC.NS

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June 12 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC (INDIA) LTD - RECEIVES WORK ORDER WORTH 5.18 BILLION RUPEES

Source text: ID:nBSE69l1FC

Further company coverage: NBCC.NS

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June 10 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC (INDIA) LTD - RECEIVES WORK ORDER WORTH 505.4 MILLION RUPEES

Source text: ID:nBSE61fQKR

Further company coverage: NBCC.NS

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May 1 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC (INDIA) LTD - RECEIVES WORK ORDER WORTH 956.6 MILLION RUPEES

Further company coverage: NBCC.NS

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April 23 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC (INDIA) LTD - RECEIVES WORK ORDER WORTH 646.7 MILLION RUPEES

Source text: ID:nBSE1ZZPfc

Further company coverage: NBCC.NS

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April 9 (Reuters) - NBCC (India) Ltd NBCC.NS:

• CONCLUDES E-AUCTION OF RESIDENTIAL UNITS AT ASPIRE DREAM VALLEY PH-III, GREATER NOIDA

• E- AUCTION TOTAL SALE VALUE 15.05 BILLION RUPEES

• WILL GET MARKETING FEE AT 1% OF SALE VALUE

Source text: ID:nBSE8Y5tJp

Further company coverage: NBCC.NS

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April 8 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC - MEMORANDUM OF UNDERSTANDING BETWEEN CO AND RAILTEL

Source text: ID:nnAPN2QBQKV

Further company coverage: NBCC.NS

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April 2 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC - GETS ORDER WORTH 2.16 BILLION RUPEES

Source text: ID:nnAPN2Q152J

Further company coverage: NBCC.NS

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** Shares of NBCC (India) NBCC.NS jump 2.8% to 83.4 rupees

** Construction co inks pact with Mahatma Phule Renewable Energy and Infrastructure Technology for infrastructure projects worth about 250 billion rupees ($2.91 billion) in Maharashtra state

** Stock down 10% so far this year

($1 = 85.8175 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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March 25 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC - GETS ORDER WORTH 6.58 BILLION RUPEES

Further company coverage: NBCC.NS

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March 19 (Reuters) - NBCC (India) Ltd NBCC.NS:

• SOLD 1,046 RESIDENTIAL UNITS AT ASPIRE CENTURIAN PARK THROUGH E-AUCTION

• SOLD RESIDENTIAL UNITS AT TOTAL SALE VALUE OF 23.53 BILLION RUPEES

Source text: ID:nnAPN2PBXUC

Further company coverage: NBCC.NS

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** NBCC (India) NBCC.NS rises 1.6% to 79.18 rupees

** Construction co gets order worth 446.2 mln rupees (~$5 mln) to build infrastruture at Mahatma Gandhi Institute for Rural Industrialisation in Maharashtra's Wardha

** NBCC down ~15% YTD

($1 = 86.7300 Indian rupees)

(Reporting by Vijay Malkar)

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March 17 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC - GOT ORDER WORTH 446.2 MILLION RUPEES

Source text: ID:nnAPN2P6LAI

Further company coverage: NBCC.NS

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Feb 24 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC (INDIA) LTD - RECEIVES WORK ORDER WORTH 2.64 BILLION RUPEES

Source text: ID:nBSE6GCwmc

Further company coverage: NBCC.NS

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Feb 12 (Reuters) - NBCC (India) Ltd NBCC.NS:

• ENGAGED BY MIZORAM GOVERNMENT FOR 3 HYDRO PROJECTS

Source text: ID:nBSEbDWTsw

Further company coverage: NBCC.NS

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Feb 4 (Reuters) - NACDAC Infrastructure Ltd NACD.BO:

• GETS ORDER WORTH 122 MILLION RUPEES FROM NBCC INDIA

Source text: ID:nBSEbZMTWb

Further company coverage: NACD.BO

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Recasts; adds comments, stock move and backgrounds

By Nikunj Ohri, Shivangi Acharya and Sarita Chaganti Singh

NEW DELHI, Feb 1 (Reuters) - India slashed personal tax rates in its annual budget on Saturday, as the world's fifth largest economy focuses on boosting domestic demand amid uncertainty over the global economic outlook due to potential new tariff barriers.

The world's most populous country is expected to post its slowest growth in four years next year amid frail urban demand and weak private investment, while stubbornly high food inflation has dented disposable incomes.

The government said people earning up to 1.28 million Indian rupees ($14,800) per year will not have to pay any taxes, raising its threshold from 700,000 rupees. It also lowered tax rates for people earning above the new threshold.

"The new structure will reduce taxes on middle class and leave more money in their hands, boosting household consumption, savings and investment," Finance Minister Nirmala Sitharaman said in parliament.

The move will result in an annual 1 trillion Indian rupee ($11.6 billion) hit to Treasury revenues.

Measures to assist the poor, youth, farmers and women were also included in the budget for 2025-26, Sitharaman said.

Increasing living costs have weighed on the popularity of Prime Minister Narendra Modi, with one survey showing more Indians are becoming less hopeful about their quality of life.

Per capital income is around $2,700 for India's population of 1.4 billion, with about one-third considered middle class.

The tax cut is "likely to spur consumer demand and savings by the middle class that has faced challenges from elevated inflation and lower income growth," Sakshi Gupta, economist at HDFC Bank.

The move led to a rally in consumer stocks such as Maruti Suzuki MRTI.NS, Godrej Consumer Products GOCP.NS and Prestige Estates PREG.NS, which jumped by 4% to 8%.

To balance the revenue lost, the government has budgeted for a modest increase in capital spending this year, which will rise to 11.21 trillion rupees in 2025-26 compared to a lowered 10.18 trillion in the current year.

The modest infrastructure spending increase disappointed investors in the sector and stocks of firms including Larsen & Toubro LART.NS, NBCC NBCC.NS, IRB Infra IRBI.NS and KEC International < KECL.NS> were down between 1% and 6%.

The government expects to improve its finances, targeting a fiscal deficit of 4.4% of GDP in 2025-26, down from a revised 4.8% of GDP in the current year.

It will borrow 14.82 trillion Indian rupees via the bond markets to fund this year's fiscal deficit.

The government, however, refrained from pre-empting the impact of potential tariffs from U.S. President Donald Trump on India and focussed on lowering some input costs for industries that have been raising output such as electronics and

renewables.

FOCUS ON FARM, MANUFACTURING AND FINANCIAL SECTOR

India has faced a bout of high food inflation over the past year due to weather changes impacting output.

To boost productivity across the farm sector, the government will launch a national mission to push high-yielding crops, with a special focus on pulses and cotton production.

To help farmers, the limit for subsidised credit has been raised to 500,000 Indian rupees ($5,778) from 300,000 rupees earlier.

The government will also launch missions to push manufacturing and exports, Sitharaman said, without going into details.

India has long aimed to boost the share of manufacturing and exports in its economy but has had little success. The share of manufacturing in the economy has remained close to 17%, short of its long-standing goal of 25%.

To deepen the penetration of insurance in the economy, the foreign direct investment limit on insurance was raised to 100% from 74% currently.

($1 = 86.5360 Indian rupees)

(Reporting by Shivangi Acharya and Nikunj Ohri in New Delhi; Writing by Ira Dugal and Aftab Ahmed; Editing by Lincoln Feast)

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