CORPORATE
RESEARCH & DEVELOPMENT
‘Create talent pool to tap contract research potential’
Hyderabad, March 17 There is a need to create a talent pool to tap the growing potential in contract research in pharmaceuticals and biotech industry, according to Dr Sivalinga Prasad Vasireddi, Managing Director, Vimta Labs Ltd.In his ...
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ANNOUNCEMENTS
ITH opens office in Noida
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PRIVATE PLACEMENT
IMPACT
Cairn India pvt placement to cover rising costs
In a stock exchange filing back in January, Cairn India spoke about “increasing cost challenges” in its project due to the general demand for engineering resources and materials. Those cost challenges appear to be behind the ...
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PREFERENTIAL ALLOTMENTS
Cairn India raises Rs 2,500 cr thru pref issue
Petronas, Orient Global to pick 111 m shares
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OVERSEAS BORROWINGS
Cos await legal verdict on the complaint of mis-selling by banks
Forex derivatives contracts
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Tata BP Solar in deal to raise $78 m for 128-MW project
Bangalore, March 17 Tata BP Solar on Monday announced that it has signed an agreement with Calyon Bank (Credit Agricole CIB) and BNP Paribas to raise $78 million to fund its 128-MW Solar Cell Expansion Project, which is in the advanced stages ...
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NEW BUSINESS
BHEL bags Rs 2,030 cr Bihar order
Bharat Heavy Electricals Ltd (BHEL) has bagged a Rs 2,030-crore contract from Bhartiya Rail Bijlee Company (BRBCL) — a joint venture company of NTPC Ltd and Indian Railways — for the supply and installation of the main plant package ...
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NEW PROJECTS
Signet Solar to invest Rs 2,000 cr to make photovoltaic modules
To set up facility at Sriperumbudur near Chennai
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NTPC begins 500 MW unit in Bihar
National Thermal Power Corporation Ltd (NTPC) has commissioned a 500-MW unit of a thermal power plant in Bihar, taking its total generation capacity in the country close to the 30,000 MW-mark. In a communication to the BSE on Monday, NTPC said ...
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Cummins India inaugurates new facility for engines
Pune, March 17 The Industrial Engine Business Unit of Cummins India Ltd (CIL) inaugurated its new integrated manufacturing facility at the company’s Kothrud campus at Pune. The new unit built with an investment of $20 million, ...
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JSW Steel unveils CRM complex
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Omaxe's Rs 180-cr project in Noida
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ALLIANCES & JOINT VENTURES
Travel firms join hands
InterGlobe Enterprises Ltd and the Kerala-based Air Travel Enterprises have entered into a strategic business agreement. According to an InterGlobe press statement, the agreement enables co-branded promotional activities between the two ...
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INTERVIEW
Solar water heating potential ‘untapped’
Chennai, March 17 Solar water heaters have a miniscule market share in the country despite its zero running cost and quick pay-back period, said Mr A.K. Rathi, Managing Director - Merloni TermoSanitari India Ltd (MTSIL), in an interview with ...
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SOCIETY & DEVELOPMENT
VIIT, Intel organise 8th Baramati Initiative
Seek to provide sustainable solutions to needs of poor communities
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SICK UNITS
Reopened tea estates’ power connection cut
IDLING MACHINERY
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TRL promoters seek change in GO
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OUTLOOK
India, an important base for Wartsila’s global business
Accounts for €150 m of the company’s global turnover of over €3.1 b
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