CORPORATE
NEW BUSINESS
BHEL, Italian co in race for Rs 1,300-cr NLC order
Equipment for NLC-TN Govt’s 1,000-MW thermal project
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Petron gets power plant orders
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Thermax's € 14.2-m export order
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Maytas Infra wins power project
Maytas Infra Ltd has been awarded an estimated Rs 650-crore washery reject, coal-based power plant contract of 120 MW capacity. The Hyderabad-based construction and infrastructure company will be the engineering, procurement and construction ...
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TECHNOLOGY
Hero Electric working on hybrid tech for vehicles
Plans to make hybrid passenger cars or commercial vehicles
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IPR
Suven bags patents in Russia
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NEW PROJECTS
Neyveli Lignite posts higher Q4 net
Chennai, May 27 Neyveli Lignite Corporation’s net profit for the fourth quarter of last year was nearly 15 times as much as in the corresponding quarter of the previous year, but that was more due to a quirk of accounting rather than ...
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Premier Explosives plans Rs 50-cr backward integration, expansion
Hyderabad, May 27 Premier Explosives Ltd (PEL) of Hyderabad will invest Rs 50 crore in the next two years for backward integration and capacity expansion. The company is into manufacturing explosives and accessories for civilian and defence ...
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OVERSEAS INVESTMENTS
Reliance arm pays $3.45 m to UXA for uranium exploration
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SRF acquires nylon tyre cord co in Thailand
Tyre cord maker SRF Ltd on Tuesday announced acquisition of Thai Baroda Industries Ltd (TBIL), a Thailand-based tyre cord company with an annual production capacity of approximately 12,000 tonnes of dipped nylon tyre cord fabric and annual ...
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ALLIANCES & JOINT VENTURES
Bhuwalka in land development pact
Bhuwalka Steel Industries Ltd and Soul Space Realty Ltd have signed a joint development agreement to unlock the value of the steel company’s land in Bangalore after it decided to relocate its TMT Mill to Bellary. Soul Space Ltd is a member ...
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OUTLOOK
Gujarat NRE to raise coal output in Australian mines
Plans acquiring 6 bulk carriers to transport coal to India
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NLC wants freedom to sell power at market price
Electricity generated by Neyveli Lignite Corporation is sold to various State electricity boards at prices fixed by the Central Electricity Regulatory Commission—which is not very good for NLC because the prices are linked to costs and ...
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Weakening rupee may benefit Haldia Petro
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