Business Daily from THE HINDU group of publications
Tuesday, September 23, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, September 23, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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OVERSEAS BORROWINGS: External borrowing limit for infrastructure cos hiked Limit increased from $100 million to $500 million a year. New Delhi, Sept. 22 In a move that could help spur investments in sectors such as roads, power and telecom, the Government has further liberalised the external commercial borrowings ... NEW PROJECTS: Tata Motors surveys 2 sites near Dharwad Karnataka wants talks with Ratan Tata to take matter forward. Bangalore/Kolkata, Sept. 22 The Karnataka Government has sought an “early appointment” with Mr Ratan Tata, Chairman of the Tata Group, “to take forward the ... OUTLOOK: Krishnapatnam power project’s land acquisition partially complete Mumbai, Sept. 22 Land acquisition process for Krishnapatnam Ultra Mega Power Project of Reliance Power is partially complete. The company has acquired 1,800 acres, which was earlier held by government and private owners. The land would be ... ALLIANCES & JOINT VENTURES: Essar in talks with global port operators for tie-up To bid for Chennai container terminal project. Mumbai, Sept 22 The Ruias-promoted Essar Ports Shipping & Logistics Ltd (EPSLL) is in talks with a few global container port operators for a tie-up, as part of its plans to foray into container ... OUTLOOK: Kingfisher Airlines will turn around soon: Mallya ‘If we get ATF licence, we will turn profitable sooner’. Kingfisher Airlines is expected to turn profitable by FY10 even as it has applied for a licence to import aviation fuel for its ... DIVERSIFICATION: Shriram Properties plans foray into retail, hospitality sectors In talks with strategic partners for funds. Chennai, Sept. 22 Shriram Properties plans to launch projects in the residential, retail, hospitality and commercial segments. A US-based investor has committed funds for the hospitality projects which ... NEW BUSINESS: Punj arm bags Libyan contract Punj Lloyd Upstream Ltd, subsidiary of Punj Lloyd Ltd, has announced that it has received a letter of intent for a contract worth $42 million in Libya for deploying two onshore rigs. According to the company, the contract requires ... OVERSEAS INVESTMENTS: Himadri Chem venture in China ... NEW BUSINESS: Maytas bags Rs 480-cr orders ... PERFORMANCE: Campco wipes out accumulated loss Price stability helps; pays 10% dividend to members. Mangalore, Sept. 22 The Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd has wiped out the accumulated loss sustained from 1999-2000, and recorded a net profit of ... ANNOUNCEMENTS: Cairn hires two rigs to extract oil from Rajasthan’s Barmer To start the process of extracting oil from its discovery in Barmer in Rajasthan, Cairn India has hired two custom-made drilling rigs from Weatherford International for $86 million. Official sources said these rapid rigs have been built by ... OUTLOOK: Birla’s AMC awaits market to calm Kolkata, Sept. 22 The Birla Sun Life Asset Management Company proposes to invest in phases the full cash component of its asset under management (AUM) once the market settles down, according to its Chief Executive Officer, Mr ...
OUTLOOK:
Titan Energy to tap new areas in solar segment
NEW PROJECTS:
HPCL Bhatinda refinery to be ready by March 2011 Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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