WEB EXTRAS
STEEL
SAIL investing Rs 1,000 cr in 3 pellet plants
New Delhi, Oct. 1 Steel Authority of India Ltd would be investing around Rs 1,000 crore for setting up at least three greenfield pellet plants. The total capacity would be 6 million tonnes (mt) and will help the company ramp up its production ...
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EDUCATION
Pearl Academy plans more campuses, new courses
Pearl Academy of Fashion (PAF), promoted by apparel group Pearl Global Ltd, has earmarked Rs 150 crore for strengthening its fashion and retail education infrastructure over the next five years.The academy, which runs three institutes ...
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REAL ESTATE & CONSTRUCTION
Finding right assets, the `real' challenge for investors
Mumbai has entered the Top 10 list of most promising Asia Pacific cities for real estate investments in the annual investor survey released by PricewaterhouseCoopers.The country's financial capital has jumped to the 10th place from 17th last ...
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MERGERS & ACQUISITIONS
Ruia group buys controlling stake in Malaysia’s Industronics
Kolkata, Oct. 1 The Ruia group has acquired 30 per cent controlling stake in Industronics Berhad of Malaysia for an undisclosed sum. The acquisition was carried out through Ruia group SPV, Bloom Billions Sdn Bhd, in June this year. A ...
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NEW PROJECTS
Timken India plans to tap infrastructure boom
Opens office in Kolkata, setting up facility in Chennai
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OUTLOOK
Buzzing seas lure dry westerlies into trap
Thiruvananthapuram, Oct 1 Invading westerlies are gradually expanding their reach farther into the plains of north and central India but a web of land-based cyclonic circulations and a busy Bay of Bengal have conjured up some defence to the ...
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