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CORPORATE
NEW BUSINESS:
Patel Engg bags Rs 799-cr order
Infrastructure construction company Patel Engineering has bagged a Rs 799-crore order for tunnelling work from the Narmada Valley Development Authority. The work involves completing the Sleemanabad Carrier Canal (Bargi right bank canal) of the ...
NEW BUSINESS:
Kalpataru bags Rs 399-cr orders
Kalpataru Power Transmission has bagged three orders worth Rs 399 crore from the Power Grid Corporation of India for 765 kv and 400 kv transmission line projects. The company is a turnkey player in design, fabrication, construction and erection ...
OUTLOOK:
Toyota Kirloskar expects sales to bounce back in H2
Likely to have 155 dealerships by 2010-end. Bangalore, March 24 Toyota Kirloskar expects sales for the current year to bounce back to around the same level as in 2007, but remains cautious about the first half of ...
NEW PROJECTS:
Nagarjuna Fertilisers commissions CDR plant
Will recover 450 tpd carbon dioxide from flue gas stack. Kakinada, March 24 A carbon dioxide recovery (CDR) plant of 450 tonnes a day (tpd) capacity was commissioned at the Nagarjuna Fertilisers and Chemicals Ltd (NFCL) plant here on Tuesday, ...
COURTS/LEGAL ISSUES:
HC asks Govt to decide on ByCell’s licences in 4 weeks
New Delhi, March 24 The Delhi High Court has asked the Government to take a decision on whether or not to issue telecom licences to Switzerland-based ByCell within four ...
OUTLOOK:
ECIL bucks downturn, has over Rs 1,000-cr order book
Hyderabad, March 24 While industries across sectors are feeling the heat of the economic downturn, the public sector Electronics Corporation of India (ECIL) seems to be on ...
OUTLOOK:
Stempeutics eyes stem cell drug in 2011
Bangalore, March 24 Manipal group-owned Stempeutics Research P Ltd said it was on course to launch the country’s first stem cell based drug by the end of ...
TRADE & LABOUR UNIONS:
RINL contract workers on strike
More than 22,000 contract workers in the Visakhapatnam Steel Plant went on strike from Tuesday, demanding a wage hike of Rs 1,000 a month and the Centre for Indian Trade Unions (CITU) is supporting their strike, according to a press ...
OUTLOOK:
Maytas Infra board to meet BOT partners, lenders
Hyderabad, March 24 The board of directors of Maytas Infra, which is slated to meet lenders and partners in various BOT (build, own and transfer) projects on Wednesday, is likely to consider the process of debt ...
HUMAN RESOURCES:
Daily ‘batta’ not part of minimum wages, rules HC
Chennai, March 24 Inclusion of ‘collection batta’ for purposes of computing minimum wage payable to workers under the Minimum Wages Act, 1948 was illegal, the Madras High Court has ...
OUTLOOK:
Winners of city gas projects to be decided by month end
New Delhi, March 24 The winners of the recently called bids for city gas projects will be decided by end March, the Chairman of Petroleum & Natural Gas Regulatory Board, Mr L. ...
Columnists:
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C Gopinath
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Harish Bijoor
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Ramanujam Sridhar
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Radhika Chada
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K Srikrishna
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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