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TN to execute Rs800 cr drinking water supply projects

Chennai: The government of Tamil Nadu expressed the plan of executing proposed drinking water supply projects to the tune of nearly Rs800 crore, including desalination plants for Ramanathapuram and...

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Solar sector attracts $2.37 billion

New Delhi: The Solar sector attracted $2.37 billion (Rs12,912 crore) funding globally through 73 deals, including four Indian transactions in the first three months of this year, says a report....

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Indian economy set to regain pace from June: Report

New Delhi: World’s leading credit agency, Credit Suisse said in a report that the Indian economy is set to recover smartly from June onwards, given a litany of good tidings such as falling inflation...

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Oil and Gas News – Dec 2010

L&T arranges funds for Kattupalli project India’s biggest engineering firm, Larsen and Toubro Ltd (L&T), has tied up funds for constructing the first phase of a shipyard-cum-port complex at...

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Cords Cable wins Leighton contracts worth $23 bn

Mumbai: Cords Cable Industries has bagged two orders from Australian based Leighton Holdings for the supply of instrumentation cables. The contracts are valued to be about $23 billion. The so attained...

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Tata Metaliks plans to merge with Tata Steel

Mumbai: Tata Metaliks Ltd and Tata Metaliks Ltd and its wholly owned subsidiary Tata Metaliks Kubota Pipes Ltd has finalized to merge with Tata Steel Ltd through its scheme of amalgamation. The...

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Skill development a necessity for success of JNNURM: Kamal Nath

New Delhi: Union Urban Development Minister Kamal Nath outlines the shortage of skilled manpower as a main cause behind the slow progress of Jawaharlal Nehru National Urban Renewal Mission (JNNURM)...

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Saudi to attract $133 billion in power & water Projects

Riyadh: Extraordinary growth in the energy consumption in Saudi Arabia has prompted the Islamic nation to invest for various power generation and water projects in the next decade which will reach to a...

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Bangladesh goes against two proposed dams in Meghalaya

Dhaka: The Bangladeshi government refused to give it consent for the construction of two hydro-based power projects along the Indo-Bangladesh border in Meghalaya until the two countries sign a water...

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India will not abandon Iranian oil

New Delhi: Amid, the US sponsored western sanction isolating the Islamic republic from the rest of the world; Indian government expressed its interest to continue oil sourcing from Iran although the...

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Crompton Greaves, Bridgelux ink technology pact for LED lighting solutions

Mumbai: Crompton Greaves has inked a technology licensing pact with California based Bridgelux thus replacing conventional lighting technology with high performance, cost effective, long-life solid...

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Godrej Properties launches Godrej Platinum in Kolkata

Kolkata: Mumbai based real estate developer today launched its luxury residential project in Alipore, Kolkata. Godrej Platinum, spread across 1.4 acres, will have only 35 luxurious homes with size...

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Godrej Properties launches luxury residential project in Kolkata

Kolkata: Godrej Properties Ltd, the realty arm of Godrej Group launched its ultra-luxury residential project, Godrej Platinum at Kolkata. Spread over an area of 1.4 acre, the project will have only 35...

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BHEL’s eastern region records 92% rise in Fy13 PBT

Mumbai: The Bharat Heavy Electricals Ltd’s (BHEL) eastern region reported an escalation of 92% in the profit before tax (PBT), reaching Rs259.63 crore during the current fiscal. Commenting on the...

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Industrial growth drops down by 0.6% in Feb

Mumbai: Indicating a slump in the economy, industrial growth has slipped to 0.6% in February this year mainly on account of contraction in power generation, mining output and poor performance of...

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Indian steel demand to rise by 5.9% this fiscal: WSA

Mumbai: Despite the volatile market conditions, the World Steel Association (WSA) anticipates steel demand in India to grow by 5.9% to 75.8 million tonne in 2013 against a 2.5% growth marked in 2012....

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Investment worth Rs6,00,000 cr needs for India’s pipeline network

New Delhi: Union Minister of State for Petroleum, Natural Gas and Textiles P. Lakshmi, expressed that there is an imperative need for the Oil and Gas Ministry, the oil companies, and the private...

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RINL to raise Rs500 cr debt for expansion plans

Mumbai: State run Rashtriya Ispat Nigam Ltd (RINL) plans to raise around Rs500 crore of debt in near future to fund its expansion plans. The company however, refrained from disclosing the actual...

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CIL sign FSAs with 60 power plants

Mumbai: State run major Coal India Ltd (CIL) has inked fuel supply pacts with 60 power plants. However, the deadline for the same set by the Prime Minister’s Office was expired in January. Earlier the...

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No major price fluctuations expected in steel industry this year: Tata Steel

Mumbai: Private owned steel major, Tata Steel believes that the price of steel companies in the country won’t be fluctuating much and is most likely to remain stable in the current year. “Price will...

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