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CORPORATE
NEW PROJECTS:
Tatas pick Gujarat for Nano
Roll-out from Sanand; ancillary units to be located at premises. Gandhinagar, Oct. 7 The Rs 1 lakh dream car ‘Nano’ of Mr Ratan Tata will now roll out from an integrated project near Sanand town in Ahmedabad district, from the same ...
NEW PROJECTS:
Parts suppliers support Nano’s move to Gujarat
Pinning hopes on car’s mass appeal to drive demand, cover losses. New Delhi, Oct. 7 Auto component suppliers to Tata Motors’ Nano expressed their willingness to move to Gujarat to help roll out the world’s cheapest car, ...
NEW BUSINESS:
Consolidated Construction looking at new infrastructure projects
Bags Rs 1,212-cr Airports Authority order; Canadian co to offer tech support. Chennai, Oct. 7 The Chennai-based Consolidated Construction Consortium Ltd, an infrastructure construction company, is widening its area of operations into heavy civil ...
DIVIDEND ANNOUNCEMENT:
NTPC pays Rs 590.37 cr dividend to Govt
National Thermal Power Corporation (NTPC) declared its highest ever dividend. At about Rs 2,886 crore for the financial year 2007-08, it amounts to 35 per cent of the PSU’s paid up capital. Shareholders of the company approved a final ...
NEW PROJECTS:
Wages of 300 acres
The dust has settled down on the Singur issue — more accurately, the 300 acres on which the fate of the people depended — and it is time West Bengal looks ahead and tries to fathom what is in store for it on the growth ...
NEW PROJECTS:
Monnet Ispat to offer coal washing tech
New Delhi, Oct. 7 Sponge iron manufacturer Monnet Ispat & Energy Ltd (MIEL) has finalised plans to enter the services sector and provide total solution for setting up coal washeries. For this, it has tied up with Japan Coal Energy ...
CORPORATE DISPUTES:
Gas sharing: RNRL to place portions of MoU before HC
Mumbai, Oct. 7 Reliance Natural Resources Ltd (RNRL) will place before the Bombay High Court on Wednesday portions of the Ambani family’s Memorandum of Understanding, relating to the sharing of ...
ALLIANCES & JOINT VENTURES:
Essar Oil signs pact with IOC
Mumbai, Oct. 7 Essar Oil signed a Product Sale, Purchase and Infrastructure Sharing MoU with Indian Oil Corporation, having earlier signed similar pacts with the other two PSU oil companies, HPCL ...
NEW PROJECTS:
Trumpf (India) opens customer solutions unit
Pune, Oct. 7 Trumpf (India) Pvt Ltd has opened its first customer solutions centre at Hinjewadi. The facility, equipped with punching, laser and press brake machines to enable hands-on experience combined with training and seminar rooms, ...
INTERVIEW:
Sustainable mining ‘a fine balancing act’
Bangalore, Oct. 7 Mining industry in Goa has been facing a welter of protests and agitations by environmental activists raising spectre of uncertainty over its long-term viability. Added to it the dwindling demand from China and falling ...
NEW BUSINESS:
Thermax order win proves no slackening
Co order book stands at Rs 4,400 cr. Thermax has won an order worth Rs 450 crore for setting up of a 60-MW captive power plant for a green-field integrated steel complex plant in Andhra Pradesh. This order, which involves the entire array of ...
NEW BUSINESS:
Rs 500-cr contract for IVRCL
IVRCL Infrastructures & Projects Ltd has announced it has secured a mandate for execution of the Kaleswaram lift irrigation scheme, including allied works worth Rs 499.23 crore. The project envisages lifting 4.50 tmc of water from Godavari ...
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