Tata Tea is ready to make an entry into the energy drinks and it is expected to launch its own brand in Chennai early next year

SATYAM GOT ORDER FROM INDIAN RAILWAYS WORHT 1200 CR

IVRCL Infrastructure & Projects has secured contract valuing at Rs 3,508.4 million for water supply and distribution project and another order for Rs 1,789.5 million for power transmission lines, adding up Rs 5,297.9 million.

State Bank of India (SBI) today, November 24, announced that the bank had inked a 74:26 joint venture (JV) agreement with Insurance Australia Group to form a new company which would cater to the general insurance business in India.

ADAG forays into online retail biz

Indian power generation companies are exploring coal assets in Indonesia as the major mines share prices witnessed steep drop due to global financial turmoil,

Coal India (CIL) is planning to raise the minimum level of coal supply by 15% from the current 60% and also bring alteration in fuel supply agreements (FSA) norms kept in the new coal distribution policy (NCDP),

HBL Power Systems, today, November 24, announced that the rights issue committee of the company has shelved its proposed rights issue plan owing to unfavorable market conditions in the country.

Petron Engineering Construction has received an order from Engineers India for composite mechanical works for implementation of EURO-IV Project of Chennai Petroleum Corporation at Chennai, for a total contract value of Rs 672.8 million.

Alphageo (India) bagged a contract from ONGC for acquisition of seismic data executable over a period of two seasons in Nagaland for a total contract value of Rs 436.9 million.

Aggreko, a Scotland-based temporary-power provider, has announced plans to enter in India by buying the power-rental assets and business of Cummins India for GBP 3.9 million

The UK-based financial services firm, Standard Chartered said it will raise GBP 1.8 billion through a rights issue to tackle the economic downturn,

Titan to launch 300 outlets in three years

Russian Energy Minister Sergei Shmatko visits New Delhi tomorrow, India will pitch a deal for a 20% stake in Sakhalin-3 oil and gas fields and importing liquefied natural gas (LNG) from Russia,

Bharat Heavy Electricals (BHEL) has once again demonstrated its competitive edge by winning the largest-ever contract for the manufacture and supply of power transformers and bus ducts, against stiff competition from European MNCs and Indian companies.


Polaris Retail Infotech (PRIL), a leading retail software provider and a wholly owned subsidiary of Polaris Software Lab on November 24, announced the launch of Xf-Xchange Framework, a middle ware solution to configure retail stores for seamless integration with backend enterprise solutions- both for B2B & B2C enviornments.