{"id":386551,"date":"2020-11-27T11:24:42","date_gmt":"2020-11-27T05:54:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=386551"},"modified":"2020-11-27T12:14:46","modified_gmt":"2020-11-27T06:44:46","slug":"thermax-seeking-acquisitions-to-expand-as-business-rebounds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/thermax-seeking-acquisitions-to-expand-as-business-rebounds\/","title":{"rendered":"Thermax seeking acquisitions to expand as business rebounds"},"content":{"rendered":"<p>Thermax Ltd. is seeing most of its businesses bounce back to year-ago levels and is now focused on options for growth.<\/p>\n<p>The Indian maker of electricity-generation and pollution-control equipment will consider mergers and acquisitions, technological arrangements and geographic partnerships that are \u201csmall and easy to digest,&#8221; Chief Executive Officer Ashish Bhandari said.<\/p>\n<p>The company had \u20b91,703 crore ($231 million) in cash, cash equivalents and short-term investments as of Sept. 30, according to data compiled by Bloomberg. Its shares have recovered about 20% from a six-year low in March.<\/p>\n<p>Thermax is betting on technology to provide solutions to problems arising from urbanization, such as air and water pollution. The company sees coal continuing to be used as a fuel in some countries and is offering solutions to reduce its environmental harm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thermax Ltd. is seeing most of its businesses bounce back to year-ago levels and is now focused on options for growth. The Indian maker of electricity-generation and pollution-control equipment will consider mergers and acquisitions, technological arrangements and geographic partnerships that are \u201csmall and easy to digest,&#8221; Chief Executive Officer Ashish Bhandari said. The company had \u20b91,703 crore ($231 million) in cash, cash equivalents and short-term investments as of Sept. 30, according to data compiled by Bloomberg. Its shares have recovered about 20% from a six-year low in March. Thermax is betting on technology to provide solutions to problems arising from [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-386551","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=386551"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386551\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=386551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=386551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=386551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}