Mamata lays foundation for coach factory in Bengal
Kolkata: Railway Minister Mamata Banerjee today laid the foundation for a Rs.860-crore rail coach factory at Kanchrapara which is expected to supply 500 EMU and Metro coaches annually over a pe....
Bharti ties up $8.3 bn deal with Kuwait's Zain Telecom
New Delhi: India's leading telecom operator Bharti Airtel today announced it has tied up the whole financing requirement of $8.3 billion (Rs.37,350 crore) debt for its planned acquisition o....
Deal between Sri Lankan, Kerala banks Thiruvananthapuram: Kerala-based South Indian Bank (SIB) will on Tuesday ink an agreement with Hatton National Bank (HNB), the largest private sector bank in Sri Lanka, to enable the exchange o....
Philips sees healthcare, lighting pushing India growth Panaji: The Indian arm of Dutch consumer electronics giant Philips sees a vast potential in healthcare business and has launched its first cardiovascular X-ray system developed here, with plans....
Finnair deploys all-new fleet as traffic to India spurts New Delhi: Nordic carrier Finnair has deployed an all-new fleet to India even as its passenger load factor on the Helsinki-New Delhi route has seen a major spurt this year after the turbulent p....
FICCI bats for nuclear liability bill to win 'next frontier' Washington: Calling nuclear power as the "next frontier" where investments in India will come, the FICCI chief hopes the controversial civil nuclear liability bill goes through Indian p....
Malaysian Indian enterprises need 100,000 foreign workers Kuala Lumpur: Projecting a requirement of 100,000 foreign workers, a Malaysian Indian trade body wants a dialogue with Prime Minister Najib Tun Razak over the prevailing shortage of foreign lab....
Afcons bags Rs.938 crore Kolkata Metro project Kolkata: Afcons Infrastructure Ltd. (Afcons), the infrastructure arm of Shapoorji Pallonji Group, has bagged a Rs.938-crore project for design and construction of a part of the East-West Metro ....
ONGC-Videsh favours joint exploration with Russian firms Chennai: State-run overseas oil and gas exploration company ONGC Videsh Ltd (OVL) wants to bid jointly with Russian companies for hydro-carbon projects in that country, a top government officia....
Lafarge denies mining in Meghalaya despite court ban Shillong: Lafarge Umiam Mining Private Limited (LUMPL), a subsidiary of French firm Lafarge, today dismissed a civil society group's allegations that the company was ignoring the Supreme Co....
Southern gas grid to come up by 2012 Chennai: India's largest gas transmission and marketing company Gail (India) Ltd will connect the southern states with gas pipelines by 2012, a top official of the ministry of petroleum and....
Auction of oil and gas blocks under NELP IX soon Chennai: The Indian government will soon invite bids for exploration of oil and gas blocks under the ninth round of the New Exploration Licensing Policy (NELP-IX), Petroelum and Natural Gas Sec....
Decision on new toll collection system likely by July
New Delhi: The government is likely to decide on a new common toll collection system for highways by July.
The government is planning to launch a system using technology that will ena....