consortium

Consortium to build Colombia’s largest dam


August 30th, 2012 - 11:49 am ICT by IANS
Bogota, Aug 30 (IANS/EFE) A consortium made up of Brazil's Camargo Correa S.A. and Colombian firms Constructora Conconcreto S.A. and Coninsa Ramon H. S.A. has been awarded a contract to ... Read more...

Posted in Business |

Brazil oil giant announces new find


August 4th, 2012 - 12:31 pm ICT by IANS
Rio de Janeiro, Aug 4 (IANS/EFE) Brazilian state-controlled oil company Petrobras has announced the discovery of a new oil find at a deep-water well off the country's northeast coast.Petrobras said ... Read more...

Posted in Business |

Brazilian oil giant makes new deep-water find


July 13th, 2012 - 11:58 am ICT by IANS
Rio de Janeiro, July 13 (IANS/EFE) Brazilian state-controlled oil giant Petrobras said that it has discovered a new deep-water crude deposit.In a regulatory filing Wednesday, Petrobras said the find was ... Read more...

Posted in Business |

Maracana Stadium work on target: World Cup officials


April 21st, 2012 - 3:22 pm ICT by IANS
Rio de Janeiro, April 21 (IANS) Football World Cup 2014 officials have insisted Maracana Stadium's redevelopment remains on target after construction company Delta reportedly withdrew from the project.Delta, which is ... Read more...

Posted in Uncategorized |

Air India to clear dues by Saturday (Lead)


April 5th, 2012 - 6:59 pm ICT by IANS
Mumbai, April 5 (IANS) After Air India promised to clear their salaries, many of its contractual ground staff who bunked duty Thursday morning returned to work, official sources said.Earlier, around ... Read more...

Posted in Business |

AI ground staff bunk duties, flights hit


April 5th, 2012 - 1:29 pm ICT by IANS
Mumbai, April 5 (IANS) Around a hundred ground staff working on contract with Air India (AI) failed to report for duty Thursday morning, hampering normal operations for the carrier at ... Read more...

Posted in Business |

Rs.18,000-crore Air India restructuring plan approved


April 3rd, 2012 - 7:17 pm ICT by IANS
Mumbai, April 3 (IANS) The long-awaited Rs.18,000 crore financial restructuring plan for cash-strapped Air India has finally been approved by a consortium of 19 banks led by State Bank ... Read more...

Posted in Business |

Porn website hacked, 72,000 usernames stolen


March 14th, 2012 - 8:52 pm ICT by IANS
London, March 14 (IANS) A pornographic website -- reportedly one of the world's top five -- was hacked and passwords of 72,000 users and credit card details of 40,000 others ... Read more...

Posted in World |

All’s well, disruptions due to bird hits: Kingfisher


February 19th, 2012 - 11:58 am ICT by IANS
Mumbai, Feb 19 (IANS) The beleaguered privately-run Kingfisher Airlines (KFA) Sunday declared that despite flight disruptions in the past couple of days, it has not shut down any stations from ... Read more...

Posted in Business |

Canadian universities start India offices


February 14th, 2012 - 10:37 pm ICT by IANS
New Delhi Feb 14 (IANS) With demand for foreign universities growing in India, a consortium of nine Canadian Universities is starting offices in Delhi, Mumbai and Chennai, Carleton University said ... Read more...

Posted in Uncategorized |

BJP alleges Mayawati’s brother owns airline, demands probe


February 7th, 2012 - 9:43 pm ICT by IANS
Lucknow, Feb 7 (IANS) The Bharatiya Janata Party (BJP) Tuesday said Uttar Pradesh Chief Minister Mayawati's brother owns a private airline and sought a probe into its funding, alleging ... Read more...

Posted in Uncategorized |

Proposed Vizhinjam Port clears another hurdle


February 1st, 2012 - 5:32 pm ICT by IANS
Thiruvananthapuram, Feb 1 (IANS) Kerala Chief Minister Oommen Chandy Wednesday said Welspun consortium, one of the last two remaining bidders for the proposed Vizhinjam International Container Terminal, has been given ... Read more...

Posted in Uncategorized |

West Bengal takes steps to revive MAMC


January 31st, 2012 - 6:05 pm ICT by IANS
Kolkata, Jan 31 (IANS) The West Bengal government has urged Bharat Earth Movers Ltd, Damodar Valley Corp and Coal India to sign a shareholders agreement to revive the Mining and ... Read more...

Posted in Business |

Pakistani lawmakers told why economy is floundering


January 13th, 2012 - 3:26 pm ICT by IANS
Islamabad, Jan 13 (IANS) Pakistani parliamentarians have been briefed by Finance Minister Abdul Hafeez Shaikh on the three factors -- including the devastating floods in 2010 -- that are burdening ... Read more...

Posted in South Asia |

Ukraine gas transit system price to fall in 2012


January 1st, 2012 - 9:19 am ICT by IANS
Moscow, Jan 1 (IANS/RIA Novosti) Ukraine's gas transit system that Kiev presently estimates to cost $20 billion may become significantly cheaper, said Alexei Miller, the head of Russia's gas giant, ... Read more...

Posted in Business |

GMR completes Singapore arm stake sale to PETRONAS


December 29th, 2011 - 5:55 pm ICT by IANS
New Delhi, Dec 29 (IANS) PETRONAS Power, a subsidiary of Malaysian oil firm PETRONAS, has paid SG$50 million ($38.4 million) for 30 percent stake in GMR Energy (Singapore), a subsidiary ... Read more...

Posted in Business |

Iran to invest $571 mn in Armenia


December 27th, 2011 - 4:06 am ICT by IANS
Tehran, Dec 27 (IANS) An Iranian private sector consortium will invest $571 million in two hydro-power projects in neighbouring Armenia, Xinhua reported Monday.The announcement comes following President Mahmoud Ahmadinejad's visit ... Read more...

Posted in Business |

Airport Metro offers discount this weekend


December 8th, 2011 - 6:42 pm ICT by IANS
New Delhi, Dec 8 (IANS) To facilitate travellers taking part in the capital's centenary celebrations, the Airport Metro Express Line (AMEL) is offering a 50 percent discount in fares this ... Read more...

Posted in Business |

Chevron to cap, abandon leaking Brazil oil well


November 16th, 2011 - 11:53 am ICT by IANS
Rio de Janeiro, Nov 16 (IANS/EFE) Brazilian oil regulator ANP approved Chevron Corp's plan to seal a leaking offshore well, the official Agencia Brasil news agency said Tuesday.The leak began ... Read more...

Posted in Business |

Ecclestone backs Qatari consortium’s bid to take over Silverstone


October 31st, 2011 - 8:04 pm ICT by IANS
London, Oct 31 (IANS) Formula One supremo Bernie Ecclestone has backed Qatari-funded The Alpha Group's bid to take over control of Britain's iconic racing circuit Silverstone for the next 150 ... Read more...

Posted in Sports |

Russian airline to buy four Airbus A380s


October 28th, 2011 - 4:34 pm ICT by IANS
Moscow, Oct 28 (IANS/RIA Novosti) Russia's Transaero, one of the country's largest airlines, has signed a deal with the European Airbus consortium to buy four A-380 airliners worth around $1.5 ... Read more...

Posted in Uncategorized |

Airport Metro to run on Diwali


October 25th, 2011 - 7:04 pm ICT by IANS
New Delhi, Oct 25 (IANS) The swanky high-speed Airport Metro Express will not curtail its services on Diwali Wednesday, an official said."The Airport Metro trains will operate as per their ... Read more...

Posted in Business |

Chandy to bat for Kochi IPL


October 7th, 2011 - 9:38 pm ICT by IANS
Thiruvananthapuram, Oct 7 (IANS) Kerala Chief Minister Oommen Chandy Friday assured cricket lovers in the state that he would do his best to resurrect the fortunes of the Kochi IPL ... Read more...

Posted in Uncategorized |

Six killed in Iraq’s twin blasts


October 3rd, 2011 - 7:16 am ICT by IANS
Baghdad, Oct 3 (IANS) At least six people were killed in two back-to-back roadside bomb blasts near the Iraqi capital Baghdad late Sunday, Xinhua reported.Two members of the Sunni paramilitary ... Read more...

Posted in World |

NMDC, BEC agreement for Chhattisgarh steel plant


September 6th, 2011 - 11:02 pm ICT by IANS
Raipur, Sep 6 (IANS) The National Mineral Development Corporation (NMDC) Tuesday signed a contract for a coke oven package in its upcoming integrated steel plant in Chhattisgarh with a consortium ... Read more...

Posted in Uncategorized |

South City Projects to foray into Sri Lanka


September 6th, 2011 - 5:23 pm ICT by IANS
Kolkata, Sep 6 (IANS) South City Projects (Kolkata) Ltd, one of the fastest growing real estate firms in eastern India, will foray into the real estate sector in Sri Lanka ... Read more...

Posted in Uncategorized |

Kingfisher Airlines’ board approves Rs.2,000 crore rights issue


August 26th, 2011 - 5:22 pm ICT by IANS
New Delhi, Aug 26 (IANS) The Vijay Mallya-led Kingfisher Airlines Friday said its board has approved a proposal to raise funds up to Rs.2,000 crore through rights issue."Board at its ... Read more...

Posted in Business |

Airport Metro increases frequency


August 21st, 2011 - 6:22 pm ICT by IANS
New Delhi, Aug 21 (IANS) Starting Monday, commuters on the high-speed Delhi Airport Metro Express will get a train every 15 minutes throughout the day.This frequency was maintained until now ... Read more...

Posted in Business |

Airport Metro introduces new fare payment card


August 18th, 2011 - 5:29 pm ICT by IANS
New Delhi, Aug 18 (IANS) In order to facilitate the infrequent riders, the Delhi Airport Metro Thursday introduced a new fare payment smart card called 'Chhota Card', offering discounts and ... Read more...

Posted in Business |

Scientists complete potato genome sequencing


July 16th, 2011 - 11:54 am ICT by IANS
Beijing, July 16 (IANS) A consortium of scientists led by the Chinese Academy of Agricultural Sciences (CAAS) has finished sequencing the genetic code of the potato.The six-year study carried out ... Read more...

Posted in World |

BJP leader Mittal again quizzed in CWG case


July 1st, 2011 - 9:20 pm ICT by IANS
New Delhi, July 1 (IANS) Bharatiya Janata Party (BJP) leader Sudhanshu Mittal, who also runs a marquee business in Delhi, was Friday quizzed by Central Bureau of Investigation (CBI) ... Read more...

Posted in Uncategorized |

BJP’s Sudhanshu Mittal quizzed in CWG case


June 30th, 2011 - 12:48 am ICT by IANS
New Delhi, June 29 (IANS) The Central Bureau of Investigation (CBI) Wednesday questioned Bharatiya Janata Party (BJP) leader Sudhanshu Mittal, who also runs a marquee business in Delhi, for ... Read more...

Posted in Politics |

South African Neotel is now Tata Communications subsidiary


June 14th, 2011 - 8:03 pm ICT by IANS
Mumbai, June 14 (IANS) India's Tata Communications Tuesday said it had hiked its stake in South Africa based fixed line services operator Neotel to 61.5 percent from the earlier 49 ... Read more...

Posted in Business |

NMDC to set up India’s largest blast furnace in Chhattisgarh


June 1st, 2011 - 12:40 am ICT by IANS
Raipur, May 31 (IANS) The National Mineral Development Corporation Ltd (NMDC) Tuesday signed an agreement for setting up India's largest blast furnace of 4,506 cubic metres capacity for its upcoming ... Read more...

Posted in Business |

Lanco Solar bags Rs.884.18 crore solar power project


May 26th, 2011 - 5:19 pm ICT by IANS
Mumbai, May 26 (IANS) Lanco Solar, a fully owned subsidiary of Lanco Infratech, Thursday said the company in consortium with Juwi Renewable India had bagged a Rs.884.18 crore ($195 million) ... Read more...

Posted in Uncategorized |

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