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VA Tech Wabag eyes sea route to greater profits | The Morning Context

LONGREAD
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Business

VA Tech Wabag eyes sea route to greater profits

Rajiv Mittal’s water tech company is betting on renewed interest in the desalination business taking it to the elusive €1 billion revenue mark and retaining investor faith.

9 April, 2024•13 min

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9 April, 2024•13 min

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VA Tech Wabag eyes sea route to greater profits

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/

•

•

LONGREAD
/
Business

VA Tech Wabag eyes sea route to greater profits

Rajiv Mittal’s water tech company is betting on renewed interest in the desalination business taking it to the elusive €1 billion revenue mark and retaining investor faith.

9 April, 2024•13 min

0

9 April, 2024•13 min

0

Getting your Trinity Audio player ready...

VA Tech Wabag eyes sea route to greater profits

More in Business

Story image

Dubai’s financial hub posts record numbers, despite the Iran war

Harveen Ahluwalia

Story image

Dubai’s financial hub posts record numbers, despite the Iran war

The emirate’s financial centre has surpassed the 10,000-company mark, Lucid Motors has a new investor, and digital assets are having a great week.

Harveen Ahluwalia

Story image

Birla’s $1.8 bn bet to catch up in renewables comes with risks attached

Birla’s $1.8 bn bet to catch up in renewables comes with risks attached

Story image

Cipla’s conservative approach is beginning to hurt

Cipla’s conservative approach is beginning to hurt

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Story image

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Story image

BSE and NSE’s money-with-morals indices struggle to justify their existence

BSE and NSE’s money-with-morals indices struggle to justify their existence

You may also like

Story image

Dubai’s financial hub posts record numbers, despite the Iran war

The emirate’s financial centre has surpassed the 10,000-company mark, Lucid Motors has a new investor, and digital assets are having a great week.

Harveen Ahluwalia

Story image

Birla’s $1.8 bn bet to catch up in renewables comes with risks attached

The Sprng Energy acquisition gives Aditya Birla Renewables instant scale and diversification. But high leverage, execution delays and margin pressures point to a tough test ahead.

Story image

Cipla’s conservative approach is beginning to hurt

The drugmaker’s reluctance to part with cash may have given it one of the strongest balance sheets in Indian pharma, but investors are increasingly rewarding risk takers.

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