The Hindu Business Line : Corporate developments

Coimbatore, May 29 Atlanta Ltd has received work orders amounting to Rs 89.42 crore for extraction, cutting, transfer of coal, and coal measure strata from Mahanadi Coalfields Ltd and South Eastern Coalfields Ltd.

IOL Netcom Ltd has received a Letter of Intent from Power Grid Corporation Ltd (PGICL) to provide last mile connectivity to over 6,000 members of the National Stock Exchange in Mumbai, Delhi, Kolkata, Chennai and Ahmedabad. The connectivity will be provided by IOL on its own and alliance partners’ Metro Ethernet Networks. The contract will add approximately Rs 50 crore annually to IOL’s topline in addition to significant collection and FMS revenues from large broking houses across the country. The company also announced plans to create a pan India, ultra modern secure NGN network for mission-critical applications enabling it to execute similar projects for other organisations.

Mukta Arts Ltd’s subsidiary Whistling Woods International Ltd (Asia’s leading international institute for film, television, animation and media arts) in association with Manipal Education (India’s leading education group) is introducing a two-year MBA degree in media and entertainment, with specialisation in film, broadcasting, new and interactive media and event management. The course begins in July 2008.

More Stories on : Announcements

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Corporate developments

JM Financial announces 3:2 bonus

Emami picks up more in Zandu Pharma

Tata Motors plummets 8% on equity dilution

Eligibility norms for exchange traded currency futures

Nifty rollover at 66% is lower than normal

SAT sets aside SEBI order against Holcim

Praj Industries (Rs 184.55): Sell

Day Trading Guide

L&T schedules first of 3 IPOs for 2009-10

Piramal Life slips after initial gains