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5 more plants seek gas from KG basin
Allocation is subject to Centre’s approval

Reliance Power asks for CAG report on KG D6 capex
Reiterates stand that RIL’s Rs. 45,000 cr capital expenditure plan is exorbitant

L&T seeks nod to sell stake in Mahindra Satyam
MUMBAI: Larsen & Toubro (L&T) on Wednesday said it had sought regulatory approval to sell its stake in IT major, Mahindra Satyam. “We have sought permission from regulators as an enabling arrangement,” an L&T ...

Legislation on direct selling business sought
To protect the interest of legitimate companies

HCL Tech BPO plans training institute


Ruia group closes in on acquisition in Germany


Sensex recovers 73 points
RIL, Infosys help the benchmark to rebound

Other Stories



Barometer


Briefly
BHEL bags Rs. 2,600 crore order in Orissa
NEW DELHI: Bharat Heavy Electricals Ltd. (BHEL) has bagged a Rs. 2,600-crore order from Hindal India Thermal Power Ltd. for its 1,200 MW (2 x 600 MW) greenfield power project located at Derang in the Angul district of Orissa. BHEL has fully ...

Record handling by Kolkata Dock System
KOLKATA: The Kolkata Dock System of Kolkata Port Trust (KoPT) has achieved a record in July, handling 34,287 TEUs (twenty-foot equivalent units) of container traffic. With this, the total container traffic in the first quarter of the current ...

Canara Bank revises vehicle loan rates
BANGALORE: Canara Bank has revised the rate of interest on vehicle loans sanctioned on or after August 1. The revised rate starts at 8.50 per cent for the first 12 months, 9.50 per cent during the next 24 months and 10 per cent for periods ...

Airtel extends fibre connectivity to Bhutan
NEW DELHI: Bharti Airtel has inked a memorandum of understanding with Royal Government of Bhutan to extend fibre connectivity to the Himalayan Kingdom. This initiative will enable enterprises in Bhutan to reach out to the world by accessing ...

IBM in pact with Tally Solutions
CHENNAI: IBM and Tally Solutions has announced a first-time agreement to deliver Tally’s ERP 9 Gold and IBM’s smart business platform. According to a release, IBM will deliver this solution complete with all necessary hardware, ...

Vox Spectrum gets PE funding
BANGALORE: Vox Spectrum, an international technology and telecom group of companies, has announced a $7 million private placement by Delta Partners MENA Telecom Fund, a private equity fund. Vox Spectrum, based in Dubai with offices in the U.S, ...

New Deputy Managing Director for Axis Bank
MUMBAI: Axis Bank has appointed M. M. Agrawal as Deputy Managing Director. He is now Executive Director (Corporate Banking) of the bank. According to a release, the bank has decided to raise up to 7.14 crore equity shares, up to 20 per cent of ...




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