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Diversified  >>  NMDC to diversify into new businesses   Mar 9, 2010
India’s largest mining company NMDC plans to set up three functional divisions to diversify into the energy, infrastructure and fertilizer sectors. The company plans to set up conventional and non-conventional power projects, steel manufacturing faci.. << more
Paper  >>  Rama Pulp plans power plant in Gujarat   Mar 9, 2010
Rama Pulp and Papers plans to invest Rs 65 crore to expand speciality paper production capacity, besides setting up 15- MW power production capacity at its 15-acre Vapi plant in Gujarat. The company will invest Rs 10 crore to enhance carbon base pape.. << more
Education & Training  >>  GEMS Education plans more schools   Mar 9, 2010
GEMS Education plans to infuse Rs 500 crore over the next three years to increase its presence through a network of owned, managed or leased schools in the country.

The company is holding talks with Ansal Properties and Infrastructure (APIL) .. << more
Pharma  >>  Glaxo interested in Indian acquisitions   Mar 9, 2010
GlaxoSmithKline (GSK), the world’s second biggest drug maker, said it was interested in acquisitions in India if the assets came at the right value. The attempt would be to acquire brands and improve its consumer healthcare business, but not assets t.. << more
Food & Beverage  >>  State to set up food park in Bijapur   Mar 9, 2010
Karnataka government has proposed setting up a food park at Ittangihala village in Bijapur through state-owned Food Karnataka Ltd, large and medium industries minister Murugesh R Nirani said today.

It is proposed to establish citrus, banana, p.. << more
Construction  >>  Alpha G:Corp to invest Rs 350-500 cr in Punjab   Mar 9, 2010
Having already invested over Rs 350 crore in the first phase of the mixed use development Mega Project ‘AlphaOne’ in Amritsar, real estate player Alpha G:Corp Development Private Limited is planning to pump in Rs 350-500 crore in AlphaOne in the seco.. << more
Telecommunication  >>  HCL, Motorola join hands for radio connectivity projects   Mar 9, 2010
HCL and Motorola have inked an agreement to jointly bid for next-generation secured radio connectivity projects in India which several of the state government and police departments are now planning to implement. The two companies feel the potential .. << more
Telecommunication  >>  BSNL plans fresh tender for 50-m cellular lines   Mar 9, 2010
State-owned BSNL is working on a new GSM tender for 40-50-million cellular lines, the company executives with direct knowledge of the developments told ET . Last week, following a string of controversies, the BSNL board had decided to cancel its $10-.. << more
Telecommunication  >>  Prithvi Info plans VAS foray via buyout   Mar 9, 2010
Prithvi Information Solutions Limited, a Hyderabad-based software consulting, outsourcing and business solutions provider, is planning to foray into the domestic value-added services (VAS) space through the inorganic route during the next financial y.. << more
IT  >>  Wipro Infotech bags Finance Ministry project   Mar 9, 2010
Wipro Infotech, the India and Middle East IT Business of Wipro Ltd, has won a turnkey project from the Financial Intelligence Unit - India, Ministry of Finance. As part of the project, Wipro will implement FINnet (Financial Intelligence Network) for .. << more
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