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NEW BUSINESS: Hyderabad metro project to be completed in 5 1/2 years
Hyderabad, Aug. 11 About a week after the Andhra Pradesh Government okayed the grant of the Hyderabad Metro Rail Project to it, Maytas Infra Ltd has announced that NMII (a consortium in which Maytas is a partner) won the Rs 12,000-crore ...

SOCIETY & DEVELOPMENT: HUL, Apollo to launch health awareness programme
Hyderabad, Aug 11 FMCG major Hindustan Unilever Ltd (HUL) has teamed up with Apollo group of hospitals to launch a health awareness programme that targeting one lakh students in Tamil Nadu, Karnataka and Andhra ...

OVERSEAS BORROWINGS: ECB rate spreads may be revised
New Delhi, Aug. 11 The Government may revise the all-in-cost ceiling for external commercial borrowing (ECBs) following representations from domestic companies that cost of funds in overseas markets had gone up and there was a need to widen ...

OVERSEAS INVESTMENTS: Gujarat NRE Minerals to raise $100 m
Kolkata, Aug. 11 Gujarat NRE Minerals Ltd, the Australian outfit of Gujarat NRE Coke, will raise $50-100 million through a mixture of debt and equity to part finance its ongoing $500-million project to develop two coking coal mines in ...

NEW PROJECTS: HAL plans electronics facility at Kinfra park
Thiruvananthapuram, Aug. 11 Hindustan Aeronautics Ltd (HAL) is planning to set up a strategic electronics manufacturing facility in the Kinfra Industrial Park in Kerala’s Kasargod district. ...

PRIVATE PLACEMENT: Sagar Cements allots 6.67% stake to Parficim
Hyderabad, Aug. 11 Sagar Cements Ltd has allotted 10 lakh equity shares, totalling 6.67 per cent of stake in the company, to Parficim SAS, a subsidiary of France-based Vicat ...

SOCIETY & DEVELOPMENT: Naiknavare hands over 237 flats under Bharat Pattern project
Pune, Aug. 11 Pune-based real estate developer, Naiknavare Developers Pvt Ltd, has handed over 237 flats in the Hadapsar area to the Pune Municipal Corporation (PMC), free of cost. ...

NEW PRODUCTS & SERVICES: Honda launches Civic Sport at Rs 12.36 lakh
Mumbai, Aug 11 Premium carmakers, Honda Siel Cars India, launched a limited edition sport variant of its executive sedan Honda Civic. ...

STANDARDS & BENCHMARKS: Aurobindo anti-infective injection
Aurobindo Pharma Ltd has received final approval from the US Food and Drug Administration (US FDA) for cefazolin injection in 500 mg/vial and one gm/vial. The injection is under anti-infective segment and the generic equivalent to the drug ...

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