capacity expansion

Assam refinery to explore potential markets in neighbouring countries


September 8th, 2012 - 12:11 am ICT by IANS
Guwahati, Sept 7 (IANS) Given its proximity to countries like Bangladesh, Bhutan and Myanmar, Assam's Numaligarh Refinery Limited (NRL) is now planning to explore potential markets for its products in ... Read more...

Posted in Business |

Expansion work to end at Tata Metaliks’ Kharagpur plant by October


September 6th, 2012 - 11:18 pm ICT by IANS
Kolkata, Sep 6 (IANS) Pig iron maker Tata Metaliks, promoted by Tata Steel, will complete its capacity expansion work at its Kharagpur plant in October, a top company executive said ... Read more...

Posted in Business |

Uflex assigns $250 mn for growth, eyes $2-bn revenue by 2015


September 6th, 2012 - 2:53 pm ICT by IANS
Cairo, Sep 6 (IANS) With over a quarter of a billion dollars earmarked for greenfield projects and capacity expansion over the next couple of years, home-grown flexible packaging major Uflex ... Read more...

Posted in Business |

CAG unravels Rs.14,000 crore cost overruns in hydro projects


August 31st, 2012 - 8:46 pm ICT by IANS
New Delhi, Aug 31 (IANS) Delays in implementing 16 hydro power projects by four state-run generators, including NHPC, resulted in cost overruns of more than Rs.14,700 crore, India's official auditor said ... Read more...

Posted in Business |

Berger Paints to double capacity by 2013-end


August 2nd, 2012 - 5:41 pm ICT by IANS
Kolkata, Aug 2 (IANS) With its greenfield project in Andhra Pradesh to become operational by May next year, Kolkata-based Berger Paints will double its capacity to 42,000 tonnes per month ... Read more...

Posted in Business |

JK Tyre actively looking for rubber plantation overseas


July 30th, 2012 - 11:30 pm ICT by IANS
Kolkata, July 30 (IANS) JK Tyre and Industries, the number one truck and bus radial tyre maker in India, is "actively" looking for acquisition of rubber plantation overseas for its ... Read more...

Posted in Business |

Birla Corp Q1 net down 24 percent


July 28th, 2012 - 10:32 pm ICT by IANS
Kolkata, July 28 (IANS) Birla Corporation, the flagship company of the M.P. Birla group, Saturday announced a 24.26 percent slide in its net profit to Rs.84.74 crore for the quarter ... Read more...

Posted in Business |

S&P; cuts Tata Steel outlook to negative


July 26th, 2012 - 9:01 pm ICT by IANS
New Delhi, July 26 (IANS) Global ratings agency Standard & Poor's Thursday cut its outlook on Tata Steel and its European subsidiary Tata Steel UK Holdings Ltd to "negative" from ... Read more...

Posted in Business |

Maruti’s Rs.4,000 crore plant to come up in Gujarat


June 2nd, 2012 - 9:07 pm ICT by IANS
Gandhinagar, June 2 (IANS) Passenger car major Maruti Suzuki India Ltd Saturday signed a pact with the Gujarat government for setting up a Rs.4,000-crore vehicle manufacturing facility.Maruti Managing Director ... Read more...

Posted in Business |

H&R; Johnson pumps in Rs.225 crore in Andhra unit


May 18th, 2012 - 7:28 pm ICT by IANS
Hyderabad, May 18 May (IANS) H&R; Johnson (India), a division of Prism Cement limited, India's largest ceramic tile company, Friday announced the expansion of its manufacturing capacity by 55 percent ... Read more...

Posted in Business |

Bosch to invest Rs.300 crore for capacity expansion


May 3rd, 2012 - 8:00 pm ICT by IANS
Bangalore, May 3 (IANS) Global supplier of automotive and industrial products and services Bosch group would invest Rs.300 crore to expand production capacity and headcount in its Nasik plant in ... Read more...

Posted in Business |

Essar Oil completes expansion of Vadinar refinery


March 29th, 2012 - 7:52 pm ICT by IANS
Mumbai, March 29 (IANS) Energy major Essar Oil Thursday said it has completed expansion of its Vadinar oil refinery in Gujarat that would boost turnover by about a third and ... Read more...

Posted in Uncategorized |

Honda starts operations at Rajasthan plant


February 14th, 2012 - 9:50 pm ICT by IANS
Tapukara (Rajasthan), Feb 14 (IANS) Honda Motorcycle and Scooter India (HMSI) Tuesday started operations at the second unit of its Tapukara plant in Rajasthan, which has come up with an ... Read more...

Posted in Business |

Kobelco Cranes mulls capacity expansion


February 2nd, 2012 - 10:50 pm ICT by IANS
Chennai, Feb 2 (IANS) Crane manufacturer Kobelco Cranes India Pvt Ltd, a Japanese subsidiary, plans to increase its production capacity by 2013 and roll out higher capacity crawler cranes, said ... Read more...

Posted in Business |

Reliance MediaWorks in expansion mode with south India focus


February 1st, 2012 - 2:14 pm ICT by IANS
Mumbai, Feb 1 (IANS) Reliance MediaWorks, the entertainment arm of the Anil Ambani-led industrial house, is expanding its domestic operations across films, TV commercials and broadcasting through strategic alliances and ... Read more...

Posted in Uncategorized |

Volvo to invest Rs.400 crore, set up research centre


December 29th, 2011 - 8:19 pm ICT by IANS
New Delhi, Dec 29 (IANS) Swedish vehicle-maker Volvo will invest Rs.400 crore to set up a research and development (R&D;) centre and expand capacity in India to earn $1 billion ... Read more...

Posted in Business |

Graphite India’s Q2 net slips 14.9 percent


November 14th, 2011 - 6:12 pm ICT by IANS
Kolkata, Nov 14 (IANS) Graphite India Limited (GIL), India's largest graphite electrode producer, Monday reported a 14.9 percent decline in its standalone net profit at Rs.42 crore in the quarters ... Read more...

Posted in Business |

Tata Chemicals starts $100-mn soda ash unit in Kenya


November 11th, 2011 - 3:21 pm ICT by IANS
Nairobi, Nov 11 (IANS) India's Tata Chemicals has opened a $100 million soda ash plant here that enhances the capacity of its Kenyan subsidiary and places this East African nation ... Read more...

Posted in Business |

Business confidence on the decline: CII


October 23rd, 2011 - 11:08 am ICT by IANS
New Delhi, Oct 23 (IANS) Uncertainty surrounding the global economy, rising cost of inputs and high interest rates have led to a decline in business confidence during the current quarter, ... Read more...

Posted in Business |

Honda to launch entry-level bike


September 7th, 2011 - 6:05 pm ICT by IANS
New Delhi, Sep 7 (IANS) Japanese automobile major Honda's Indian subsidiary Wednesday said it will launch an entry-level 100 cc motorcycle in the first half of next fiscal."We have plans ... Read more...

Posted in Business |

Lumax investing Rs.150 crore on new plants, capacity


September 6th, 2011 - 5:45 pm ICT by IANS
New Delhi, Sep 6 (IANS) Automobile lighting component manufacturer Lumax Industries Tuesday said that it will invest about Rs.150 crore to set up three new facilities by next year."We are ... Read more...

Posted in Business |

Auto component industry to grow by 12-15 percent in 2011-12


August 30th, 2011 - 6:23 pm ICT by IANS
New Delhi, Aug 30 (IANS) The Automotive Component Manufactures Association of India (ACMA) Tuesday said that due to a slowdown in the domestic consumption, it expected growth to moderate between ... Read more...

Posted in Business |

‘One-third power capacity addition by private sector’


August 25th, 2011 - 9:10 pm ICT by IANS
New Delhi, Aug 25 (IANS) The government Thursday said the private sector would contribute nearly 36 percent of power sector capacity expansion in the 11th Five Year Plan, which ... Read more...

Posted in Business |

Tata Steel’s Jamshedpur plant to be modernised


August 5th, 2011 - 11:51 pm ICT by IANS
Kolkata, Aug 5 (IANS) Tata Steel would pump in Rs.8,000 crore this fiscal for modernisation and capacity expansion of its Jamshedpur plant to 10 million tonnes from 6.8 million tonnes, ... Read more...

Posted in Business |

NTPC inks Rs.10,000 crore loan agreement with SBI


July 8th, 2011 - 6:39 pm ICT by IANS
New Delhi July 8 (IANS) State-run power utility major NTPC Friday entered into an agreement with the State Bank of India (SBI) for a loan of Rs.10,000 crore ... Read more...

Posted in Business |

Global air passenger traffic up 7 percent in May


June 30th, 2011 - 5:18 pm ICT by IANS
New Delhi, June 30 (IANS) The global airlines association Thursday reported an increase of 6.8 percent in international passenger traffic for May this year, compared to the like period of ... Read more...

Posted in Business |

Birla Corp plans Rs.1,025 crore capacity expansion investment


June 27th, 2011 - 9:06 pm ICT by IANS
Kolkata, June 27 (IANS) The M.P. Birla Group flagship Birla Corporation is planning to invest around Rs.1,025 crore over the next one and a half years for expanding cement and ... Read more...

Posted in Business |

Growth may moderate, inflation a major challenge: Pranab (Lead)


June 17th, 2011 - 9:30 pm ICT by IANS
New Delhi, June 17 (IANS) The monetary tightening policy pursued by the Reserve Bank of India might moderate growth in short-term even as controlling inflation remains a major challenge ... Read more...

Posted in Business |

Monetary tightening may moderate growth: Mukherjee


June 17th, 2011 - 1:53 pm ICT by IANS
New Delhi, June 17 (IANS) Continued monetary tightening by the Reserve Bank of India might moderate growth in the short-term but the long-term prospects remained buoyant, Finance Minister Pranab ... Read more...

Posted in Business |

IndiGo to commence Delhi-Dubai flights from Sep 1


June 14th, 2011 - 10:58 pm ICT by IANS
New Delhi, June 14 (IANS) Leading low-cost carrier IndiGo Airlines Tuesday said it will launch its international foray Sep 1, by operating services from New Delhi to Dubai."It is ... Read more...

Posted in Business |

India eyes $10 billion from biotech sector by 2015


May 4th, 2011 - 6:36 pm ICT by IANS
Bangalore, May 4 (IANS) India's sunrise biotechnology sector is set to reach $10-billion revenue by 2015 from $4 billion posted in fiscal 2010-11 through innovative products and services, a top ... Read more...

Posted in Sci-Tech |

JK Group to invest Rs.1,300 crore in power sector foray


April 19th, 2011 - 5:24 pm ICT by IANS
New Delhi, April 19 (IANS) Diversified conglomerate JK Group Tuesday announced its maiden entry into the power sector with an investment of Rs.1,300 crore for the first phase of a ... Read more...

Posted in Business |

Reliance Industries plans major capacity expansion


April 13th, 2011 - 8:23 pm ICT by IANS
New Delhi, April 13 (IANS) India's largest private sector player Reliance Industries Limited (RIL) Wednesday said it was expanding its polyester manufacturing capacity in a major way to capitalise on ... Read more...

Posted in Business |

BHEL to expand boiler division capacity to 20,000 MW


April 5th, 2011 - 2:57 pm ICT by IANS
Tiruchirapalli (Tamil Nadu), April 5 (IANS) Power equipment maker Bharat Heavy Electricals Ltd will complete expanding its boiler unit's capacity to 20,000 MW by the end of this fiscal, a ... Read more...

Posted in Business |

India to create 1.6 mn jobs in 2011: Survey


March 31st, 2011 - 9:14 pm ICT by IANS
Chennai, March 31 (IANS) For the second successive year, more than one million new jobs will be created in India's organised sector in 2011, led by the healthcare sector, but there ... Read more...

Posted in Uncategorized |

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