BGR Energy Systems Ltd said on Wednesday it has won a contract worth Rs 4900 crore for engineering, procurement and construction of a thermal power project in Rajasthan.
The contract for the 1,200 megawatt power project was from the Rajasthan Vidyut Utpadan Nigam Ltd and is scheduled to be completed in 42 months, BGR said in […]
Taking financial inclusion one step further, Union Bank of India has started giving loans to hawkers and vendors, through biometric cards. The pilot project was launched in Dharavi, in Mumbai, about 10 days ago, said Mr Laxman Rao, General Manager, Priority Sector, Union Bank of India.
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Daiichi Sankyo has said that the company has not made any changes in their acquisition plans for Ranbaxy. The company also said that they knew that US FDA has investigated the Ranbaxy facilities. At this stage Daiichi Sankyo and Ranbaxy will remain two independent companies, it said.
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Real estate company Ansal Properties and Infrastructure Ltd (Ansal API) on Saturday announced the launch of its hitech city project ‘The Megapolis’. The UP Government =96 approved township adjoining Greater Noida would be spread over 2,500 acres and is extendable to about 9,000 acres.
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US based billionaire Wilbur Ross, who has shown interest in investing in SpiceJet, might be worried by Spice Jet having advance booked tickets for sixeight months.
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The travel portal across India are facing major slowdown in their business, courtesy air tickets. Air ticketing, which comprises 60 to 70% of their business is facing a severe slowdown. Add to that the fact that commissions are crashing. They are down from 7% in 2001 to […]
Maytas Properties, a real estate infrastructure company backed by the promoters of Satyam Computer Services, has lined up three IT special economic zones (SEZs) in the State capital in a total extent of 148 acres.
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Orissa government had identified a new bauxite reserve in Kandhamal district, besides getting indication of presence of heavy minerals along the coast in Puri, official sources said.
According to a preliminary estimation made by the Directorate of Geology, nearly 8 mn tons (MT) of bauxite was reserved at Ushabali plateau in Kandhmal district.
“Estimation regarding bauxite reserve […]
The Mukesh Ambani-owned Reliance Logistics Ltd (RLL) is looking at the inorganic way to expand its business as a third-party logistics (3PL) player.
The company is mulling acquisitions across the country to gain a bigger foothold in the booming logistics industry in India.
RLL is currently working out the blueprint for its plans and is expected to […]
Government on Saturday launched a media blitzkrieg seeking wide national support for the Indo-US nuclear deal on which the Left parties have withdrawn support.
Carrying pictures of Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi, the well-spread advertisement in leading dailies read, “the Nation now needs to unite and support the government for the economic […]
