Reliance Industries (RIL) has entered into a 50-50 joint venture (JV) with US-based real estate investment trust Vornado to collectively invest USD 500 million in a shopping mall

The Shipping Corporation of India (SCI) has decided to invest over Rs 12 billion in its offshore activities by the end of the year,

GMR Infrastructure announced that GMR Hyderabad International Airport (GHIAL) and Delhi International Airport (DIAL), subsidiaries of the company, have signed memoranda of understanding (MoU) with Deccan Cargo & Express Logistics (Deccan Express) for developing modern express cargo hubs in Hyderabad and Delhi.


Jindal Steel and Power (JSPL) plans to commission steel plant in Angul district of Orissa by October 2010 having a capacity of 6 million tons per annum (MTPA),


Amtek Auto today announced that the company has signed a Joint Venture (JV) agreement with FormTech Industries based in Royal Oak, Michigan, to set up a state- of-the-art manufacturing facility for manufacturing Hatehur Hot Forgings for automotive applications in India and Europe. Amtek and FormTech will hold 51% and 49% stake respectively. The new JV facility is scheduled to be fully operational in about 12 to 18 months.


Salzer Electronics will be held on Aug. 29, 2008, to consider the recommendation of the sub-committee of the board on the merger of Salzer Cables with Salzer Electronics.

Puravankara Projects announced that taking a big leap into affordable premium housing and targeting the middle classes including the first time home buyer, the company has launched a 100% owned subsidiary called Provident Housing and Infrastructure.

Vishal Information Technologies today announced that the company has launched the POD (print on demand) publishing vertical.