National Thermal Power Corporation has announced that the company has signed a loan agreement of Rs 100 billion with Power Finance Corporation on June 30, 2008.
Mahindra World City (MWC), Jaipur signs memorandum of understanding (MoU) with Vamani Overseas to set up 4 acre camps in MWC, Jaipur handicraft zone.
Usha Martin and BHP Billiton have inked a definitive pact to set up a joint venture company Bharat Minex to jointly explore for minerals in the state of Jharkhand in India.
GMR Ferro Alloys and Industries, hived-off ferro alloys division of GMR Industries, after re-listing at Rs 139.65, settled at a discount of 33.76% at the National Stock Exchange (NSE) on Monday.
Lakshmi Mittal joins Goldman Sachs board
Mittal also serves as a director of Airbus maker European Aeronautic Defence & Space NV and ICICI Bank Ltd. of India.
I-Flex bags contract from a leading French BankU.K. May mortgage approvals fall to 42,000 from 58,000 AprilBirla Cotsyn. The company taps capital market with an IPO of Rs 1,441.8 million to fund its project. The company has fixed a price band of Rs 15 to Rs 18 a share of face value of Rs 10 each. The 100% book build issue, which opened on today, will close on Jul. 4, 2008.McNally Bharat Engineering Company has bagged an order from Mundra Port and Special Economic Zone (SEZ), worth 473mn
L&T receives Rs 15.57 bn order from APPDCL
dea Cellular made an open offer to acquire 20% in Spice Communications at Rs 77.30 a share. to acquire over 137,985,050 fully paid-up equity shares of face value Rs 10 each forming 20% of the emerging voting capital of Spice Communications.
Pratibha Industries bagged contract worth Rs 1.79 billion from Lanco Hills Technology Park
GMR Ferro Alloys lists at Rs 139.65 on BSE
Railways to focus on electrification of more lines
National Thermal Power Corporation (NTPC) has signed a power purchase agreement with GRIDCO for supply of power from its 1320 mw Barh Project Stage-II in New Delhi.