Steel Authority of India (SAIL) has undertaken the work for enhancement of loading facilities at Bolani iron ore mines in Orissa with an investment of Rs 1.2 billion


Grotto likely to exit 50:50 JV with Raymond

Tata Motors, which is planning to produce the world`s cheapest car selling at EUR 1,700, also has plans to produce an electric-drive version,

Satyam Computer Services, a leading Indian IT company, announced that it has been named a `Global Partner` for SAP, the market and technology leader in business software solutions, at SAPPHIRE 2008, SAP`s international customer conference.

Tulsyan NEC, a manufacturer of steel and woven sacks, announced on Wednesday August 20, that the company has signed a memorandum of understanding (MoU) with Budhrani Group of Companies to set up a steel making and rolling mill of 60,000 metric ton per annum.


The government has decided to allot Rs 220 billion in cash as a subsidy to the fertilizer industry for the year 2008-09,

Northgate Technologies on Wednesday, August 20 announced that Axill Europe, a wholly owned subsidiary of the company, acquired Reuters` London (UK) based high end data centre infrastructure with over 8,000 square feet area.


GMR Infrastructure announced that it`s subsidiary GMR Hyderabad International Airport (GHIAL) and Malaysia Airlines have signed a memorandum of understanding (MoU) which will see the establishment of a world class Maintenance, Repair and Overhaul (MRO) organization to provide maintenance services on narrow and wide body aircraft at the Rajiv Gandhi International Airport (RGIA), Shamshabad, Hyderabad.


Kirloskar Electric Company board approving the acquisition of approximately 95% of shareholding of a German manufacturing company, viz., Lloyd Dynamowerke & Co. KG (LDW) and 100% holding in Lloyd Beteiligungs from CMP Fonds