Odisha might scrap deals with three IPPs on tepid progress
Astaranga Power, SPI Ports as well as KU Projects to face heat; deals wth Essar, Vijaya Power scrapped earlier At least three independent power producers (IPPs) are likely to face stern action as of...
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Rhenus launches second Warehouse near Chennai
Rhenus Logistics India Pvt. Ltd., the Indian arm of the globally valued Euro 4 Billion Rhenus Group, announced opening of second warehouse near Chennai, spread in an area of 55,000 sq. ft. With...
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ABB wins Rs.256 crore order in Sri Lanka
ABB, the leading power and automation technology group, has won an order worth about Rs.256 crore from Ceylon Electricity Board (CEB) to supply two new 220-kilovolt (kV) substations and upgrade an...
View ArticleSobha: Weak quarter, muted pending outlook
Regardless of predictable commencement of high volume venture, it is improbable to convene FY15 conjecture on sales The December quarter has been a unsatisfactory one for real estate player Sobha,...
View ArticleGovt rethinks CIL, ONGC stake auction as share costs tumble
May as an alternative divest stake in companies similar to NHPC, NMDC to meet divestment target; The depressed share costs of public sector behemoths Coal India as well as ONGC is forcing the Finance...
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Finolex Pipes bags title of Asia’s 100 Best & Fastest Growing Marketing Brands
India’s largest PVC pipes and second largest PVC resin manufacturer Finolex Pipes has been chosen as one of Asia’s 100 Best & Fastest Growing Marketing Brands. Mr. S. S. Dhanorkar, Managing...
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Accenture launches Ports Centre of Excellence in Hong Kong
Accenture has launched a Ports Center of Excellence in Hong Kong which is focused on providing terminal operators with process excellence and technology implementation for performance management,...
View ArticleRoad Ministry Recommends Easy Foreclosure of 86 Projects
NEW DELHI: Road ministry has moved a proposal, looking for a policy decision to restart about 86 languishing highway projects that have become unviable. It has planned easy “foreclosure” of such...
View ArticleInvestors build a fortune with housing finance industries
MUMBAI: Large banks have extensively been market darlings. It’s the chance of residential finance industries now. Ventures of GIC accommodation Finance, Canfin Homes, Repco Home Finance, Gruh Finance,...
View ArticleGokhale Constructions initiates budget homes in finest locations
These quarters will be charged as a minimum 10% beneath the existing market value in particular regions Pune-located Gokhale Constructions is positioned to commence budget residence for citizens in...
View ArticleGovt expected to sell 10% stake in IOC this fiscal
In proportion to sources, the plan to advertise 24.27 crore equity shares in IOC was mooted subsequent to big-ticket disinvestment in ONGC acquired wedged in subsidy woes The management is likely to...
View ArticleRBI rate cut: Realty manufacturers heave a sigh of relief
A lot of property manufacturers, fraught with declining home sales and high price of borrowing, judge the cut would facilitate bring back forthcoming consumers Property manufacturers were alleviated at...
View ArticleBHEL bags Rs 1,202-cr power venture order in Karnataka
New plant will reinstate existing diesel plant, presently suspended for environmental causes Nationalized Bharat Heavy Electricals Limited (BHEL) has bagged a bond as of the Karnataka Power Corporation...
View ArticleNTPC Mouda plant may perhaps run up to full capacity almost immediately:...
The plant has been guaranteed fresh coal supply agreement by Western Coalfields Ltd NTPC’s initial plant in Maharashtra’s Mouda region may perhaps run up to its full capability within subsequent couple...
View ArticleIMF applauds India for cutting petroleum subvention
Christine Lagarde held the fall in oil costs gives a golden chance to cut energy financial supports and use the savings for further targeted transfers to protect the poor The International Monetary...
View ArticleDLF petition against Sebi outlaw suspended to Tuesday
SAT adjourns hearing to Tuesday Throughout an investigation of its petition in opposition to a Securities and Exchange Board of India (Sebi) order prohibiting it from the capital markets for three...
View ArticleUpside for RIL post completion of its $16 bn ventures: Analysts
Most of the focus will be on telecom launch; burly petrochem, cleansing growth to enhance performance Reliance Industries Ltd (RIL) is expected to profit as of the completion of its $16-billion...
View ArticleMalaxmi group penetrates Vijayawada real estate market with luxury venture
Group is in discussions with PE players in Singapore; ventures to have 2,500 sq ft public housings charged at Rs 1 cr each Malaxmi Property Ventures Private Ltd, a portion of the Hyderabad-located...
View ArticleWind Energy Project Addition Expects nod
Under a projected action plan, the ministry will make stronger grid infrastructure for wind power as well as identify high wind power potential zones The government is to set up a ‘wind energy...
View ArticleIndia’s power zone set for $250 billion speculation: Goyal
He said his communication to overseas shareholders is that India story is getting stronger and back to its superior development period Convinced regarding overseas and domestic shareholders...
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