Astra Microwave Products, India`s leading provider of microwave wireless communications technologies for use in defense, space, and civilian applications, today announced that it has received Rs 255 million order from the Indian Meteorological Department.

JR Realtor Services (P), Hyderabad purchased 13 million shares of Pennar Industries, which works out to 10.28% of the share capital of the company.

ndian Railway gets ready to launch a second super luxury train in December .The new train would be named Royal Rajasthan on Wheels and follow the same itinerary of Palace on Wheels except that it will go to Bikaner instead of Sawai Madhopur.

Norway-based StatoilHydro is keen to treble its stake to 30% in a significant gas block operated by Oil and Natural Gas Corporation (ONGC) in the Krishna-Godavari basin,

Larsen & Toubro (L&T) has set up a science laboratory at Milind Viyalay, Mumbai as part of ``Project Ujjwal`

Oil and Natural Gas Corporation (ONGC), on Monday, announced that its board approved spending Rs 4.5 billion to enhance its exploration and production capabilities,

20 Microns fixes IPO price

20 Microns fixes IPO price band between Rs 50-55 a share .The issue consists of a fresh issue of 1,675,000 equity shares of Rs 10 each .0ML is one of the India`s largest producers of white minerals with an annual turnover of over 180,000 tons from plants and deposits spanning in different regions of the country producing functional fillers, specialty chemicals and extenders which are supplied globally.

Sobha Developers, a Bangalore-based real estate major is planning to raise Rs 3.50 billion through a right issue. The money raised via the right issue will be used for everyday business transactions. The company will use the proceeds for general corporate purposes, including working capital, acquiring land and other needs.


Neo Corp International at its meeting held on Aug. 26, 2008, decided to set up a separate division as export oriented unit (EOU).


Union Bank of India is likely to sign a MoU with KBC Management Services, a 100% subsidiary of KBC Group, Belgium


Tata Consultancy Services (TCS), a global IT major announced on Tuesday, August 26, that Singapore Airlines Cargo (SIA Cargo) chose the Tata`s to service its cargo revenue accounting back office processes. According to the company the multi million dollar contract would be effective for five years.


BGR Energy Systems, Chennai bagged the single largest contract for supply of Air Fin Coolers in India for Rs 396 million. This contract is for supply of 169 nos of Fin Tube Bundles for the FCCU Unit (Train-II) of Essar Refinery Expansion Project, Vadinar, India being built by Essar Oil.