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NEW PROJECTS: 2 Rajasthan n-power units may start by Jan
To run on imported fuel; IAEA safeguard nod soon. New Delhi, Oct. 13 After being held up for well over two years due to fuel shortages, the Nuclear Power Corporation of India Ltd (NPCIL) expects to get the two new units of the Rajasthan Atomic ...

OUTLOOK: HPCL, BPCL on slippery path in Q2
PSU majors hope for compensation through oil bonds. Mumbai, Oct. 13 With no compensation coming through yet for losses incurred on LPG (cooking gas) and kerosene, Hindustan Petroleum Corporation and Bharat Petroleum Corporation could find ...

PERFORMANCE: Unitech claims sales of Rs 4,000 cr between March and Sept
Priority on delivering pending projects by March 2011. New Delhi, Oct. 13 Unitech Ltd on Tuesday claimed it has notched up sales of 10.11 million sq.ft of residential and non-residential space between March and September, with a value of Rs ...

OUTLOOK: GM expects sales to go up by 10% this year
Electric car roll out next year. General Motors India expects sales to go up by over 10 per cent as it has a slew of launches, including small car Beat, scheduled by the ...

NEW PROJECTS: Financial closure for GVK Power’s Punjab project by month-end
Hyderabad, Oct. 13 GVK Power & Infrastructure Ltd (GVKPIL) is poised to achieve financial closure for the Punjab-based Goindwal Sahib 540 MW (2x270MW) coal project by the ...

OVERSEAS INVESTMENTS: Hind Sanitaryware looking for overseas buys
Mumbai, Oct. 13 Hindustan Sanitaryware and Industries Ltd (HSIL) is looking at overseas acquisitions in the building ...

MERGERS & ACQUISITIONS: Merck acquires Sanmar’s Bangalore Genei
Mumbai, Oct. 13 Drug-maker Merck KGaA has acquired Bangalore Genei (India) Pvt Ltd from the Chennai-based Sanmar Group, a Merck note said, without disclosing the financial ...

Columnists: C Gopinath Harish Bijoor Ramanujam Sridhar Radhika Chada K Srikrishna




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Markets (Oct 12)
Nifty (at close)5,054.25(+109.05)
US Dollar (Buy/Sell)46.48/49
Brent crude (a bbl) Rs3,249
Gold (a gram) Rs1,481
Silver (a kg) Rs28,730

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16 Indian cos in Forbes Asia’s 200 ‘small’ Best

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