India to grow 5.6% this fiscal, 6.5% in FY16: Fitch
NEW DELHI: India’s growth is anticipated to go faster to 5.6 percent in the present fiscal and promote to 6.5 per cent in 2015-16, buoyed by sturdy ventures and political conviction, rating agency...
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Zuari Cement lays foundation stone for its 3.23 mt cement plant in K’taka
Foundation Stone Laying Ceremony at Zuari Cement plant, Gulbarga L to R: Sendilkumar Karuppaiah (Manager Mines), Surendra Pattar (Site Manager), Nabil Francis (Managing Director Zuari Cement) and...
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Govt inks MoU for First Ever Offshore Wind Power Project in India
The Minister of State (Independent Charge) for Power, Coal and New and Renewable Energy, Piyush Goyal witnessing the signing of a MoU for setting up joint venture Company for first demonstration...
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Apollo LogiSolutions forays into Inland Container Depot (ICD) segment
New Delhi: Apollo LogiSolutions Ltd (ALS), logistics arm of Apollo International Ltd recently announced foray into Inland Container Depot (ICD) segment. The company has entered into joint venture with...
View ArticleL&T Tech Services plans to acquire Dell’s Engineering Services business
L&T Technology Services, the wholly owned subsidiary of $14.3Bn Larsen & Toubro group today announced the intent to acquire the assets of U.S.-based Dell Product and Process Innovation Services...
View ArticleUnmitigated summer: High power demand behind thin coal stocks
Power generation in the country all the way through April-June was 22 per cent superior than in the similar phase last year. This was in addition when there were quite a lot of informations of coal...
View ArticleRBI should elevate price to contain inflation: IMF
The Reserve Bank may think about increasing interest rates to depose the persistently high price rises on a durable basis, recommended IMF working paper. Given raised and persistent price rises the RBI...
View ArticleForbes Leadership Award to NTPC CMD
Dr. Arup Roy Choudhury , CMD NTPC received the Best CEO Award – Public Sector from Forbes at Forbes India Leadership Award (FILA) function2014 held in Mumbai. The jury for the award comprised...
View ArticleBEML receives new order worth Rs 570 crore from DMRC
BEML has successfully secured a new order worth Rs 570 crore from Delhi Metro Rail Corporation (DMRC). According to the order it needs to supply 70 cars. Apart from this, BEML is manufacturing an...
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Ambuja Cement’s Customer Support Group (CSG) launches AKC in Gujarat
Round Table on Ambuja’s CSG initiatives displays increasing focus in Gujarat (left – right) Jignesh Gandhi, Head – Gujarat & South (Customer Support Group), Umesh Soni – Corporate Head (Customer...
View ArticleCentre to privatise key utilities in 100 smart cities
The Centre is all set to privatise the management of basic utilities such as power, water, and sewage treatment in the 100 smart cities that are to be developed. According to Shankar Aggarwal,...
View ArticleONGC to offers gas from Gamij field to Adani, Astron beneath gas-sale
Subsequent to a number of rescheduling of tenders for gas sale, Oil and Natural Gas Corporation (ONGC) has lastly owed gas from its insignificant field at Gamij near Kheda to players likeAdani Gas Ltd...
View ArticleIndia financial system to see better growth momentum
LONDON: The Indian financial system is projected to see an improvement in growth momentum though most of the other key economies are expected to see constant prospects, Paris-based think tank OCED held...
View ArticleMadras Fertilizers plans to develop logistics park
Plans are afoot from Madras Fertilizers (MFL) to develop a portion of its vacant land into a modern logistics park. It is scouting for a joint venture partner and the estimated cost of this project is...
View ArticleShanta Shriram constructions announces luxury villa project
Shanta Shriram constructions has announced a luxury villa project at Manikonda, near Gachibowli, in Hyderabad. Spring Villas, the gated community project, is constructed on 325 sq yds with a built-up...
View ArticleIDFC Options second ‘India Infrastructure Fund’ fully subscribed
COIMBATORE/CHENNAI: IDFC options, one of India’s chief multi-benefit class fund administrators, has proclaimed the finishing concluding for India Infrastructure Fund II (IIF II) at its firm cap of Rs...
View ArticleMahindra Life spaces establishes reasonable housing project in Mumbai
MUMBAI: Mahindra life spaces promoters the real estate arm of Mahindra Group, on Thursday established its second inexpensive housing project under its ‘Happiness’’ vertical at Boisar near here. “Our...
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Govt clears two major rail projects to solve coal linkage
New Delhi: To solve connectivity problem related to coal supply, government intends to focus on 2-3 large rail projects, informed Anil Swarup, Additional Secretary and Chairman of Project Monitoring...
View ArticleMarks & Spencer to open more stores in India
Marks & Spencer has major plans of expanding its presence in the Indian market. In this direction, it plans to launch around 40 new stores by the end of 2016. On 9 October 2014, the company...
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IPE Global bags ADB funded Jammu & Kashmir Urban Development Investment Project
New Delhi: IPE Global, the largest development consulting firm of South-Asia has bagged contract for Design Supervision Consultancy Services in Jammu under the Jammu & Kashmir Urban Sector...
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