Friday, July 11, 2008

Artson Engineering has received an order from HPCL, Mittal Energy for Crude Oil Storage Tanks (4 nos.) work for the Guru Gobind Singh Refinery Project at Bhatinda, Punjab. The total value of the order is Rs 362.7 million.


Tamilnadu Electricity Board (TNEB) has awarded a contract worth Rs 12.75 billion to Bharat Heavy Electricals (BHEL) for supply of 600 mw thermal power generating unit on Engineering, Procurement and Construction (EPC) basis,

Welspun-Gujarat Stahl Rohren won orders worth Rs 30 billion from India and overseas.

Index of Industrial Production (IIP) growth for the month of May 2008 plummeted to 3.8% as compared to 10.6% in May 2007.

inflation, trudged vertically up to 11.89% for the week ended June 28, as compared with 11.63%

The Special Undertaking of UTI (SUUTI) to offload around 17% out of its 27.11% stake in Axis Bank through block deals on the stock market,

Biocon, a research-driven, global healthcare company is planning to set up a fully-owned R&D company to get a major pipeline of potential therapies for cancer, diabetes among a dozen ongoing discovery programs

iL&FS Investment Managers at their meeting held on Jun. 26, 2008, approved the issue of bonus shares in the ratio of one equity share for every two equity shares held. The record date for the bonus shares will be on Jul. 29, 2008.


Max India will be held on Jul. 11, 2008, to consider and approve the joint venture (JV) arrangement with UK-based BUPA Finance.


JPMorgan Chase has invested Rs 2.5 billion in a closely-held property developer BPTP for an equity stake of 3%

SBI to launch mobile banking services shortly

ICICI Bank is being presented with several acquisition opportunities across the globe and an overseas acquisition is possible



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