Tuesday, September 9, 2008

The government is proposing to bring in legislation to allow Foreign Direct Investment (FDI) in education sector


Defence public sector undertaking BEML has bagged a developmental contract from the Railway board for design, manufacturing, supply, testing and commissioning of two rakes consisting of 18 Nos. of State-of-the-art Stainless Steel AC Electric Multiple Unit (EMU) Coaches valuing Rs 310 million.


Hydro S&S Industries will be held on Sep. 16, 2008, to consider buy back of its own securities.

Bharat Heavy Electricals (BHEL) the state run power equipment manufacturer has won a Rs 22 billion turnkey project for setting up a combined cycle power plant (CCPP) in Tripura. BHEL out bid French equipment maker Alstom India in International Competitive Bidding.

Reliance Money, the largest broking and distribution house in India and part of the Reliance Anil Dhirubhai Ambani Group, on Tuesday announced an agreement with NASDAQ listed optionsXpress Holdings Inc., to provide access, custody and execution in US markets for its customers.

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