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Diversified >> NMDC to diversify into new businesses
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Mar 9, 2010
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| 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 |
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Paper >> Rama Pulp plans power plant in Gujarat
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Mar 9, 2010
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| 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 |
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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 |
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Pharma >> Glaxo interested in Indian acquisitions
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Mar 9, 2010
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| 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 |
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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 |
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Construction >> Alpha G:Corp to invest Rs 350-500 cr in Punjab
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Mar 9, 2010
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| 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 |
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Telecommunication >> HCL, Motorola join hands for radio connectivity projects
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Mar 9, 2010
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| 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 |
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| 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 |
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| 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 |
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IT >> Wipro Infotech bags Finance Ministry project
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Mar 9, 2010
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| 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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