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Tirumala Diary to set up India’s largest diary plant


December 14th, 2011 - 9:36 pm ICT by IANS
Hyderabad, Dec 14 (IANS) Tirumala Diary, one of south India's largest and fastest growing private dairies, plans to set up the country's largest integrated diary plant in Andhra Pradesh with ... Read more...

Posted in Business |

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...

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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 |

Orchid Chemicals declares 30 percent dividend


May 18th, 2011 - 6:23 pm ICT by IANS
Chennai, May 18 (IANS) Pharmaceuticals major Orchid Chemicals and Pharmaceuticals Ltd Wednesday recommended 30 percent dividend for the year 2010-11.The company closed last fiscal with a consolidated revenue of Rs.1,786 ... Read more...

Posted in Business |

BIAL to spend Rs.1,000 crore to revamp Bangalore airport


August 19th, 2010 - 7:14 pm ICT by IANS
Bangalore, Aug 19 (IANS) The Bangalore International Airport Ltd (BIAL) consortium will invest Rs.1,000 crore (Rs.10 billion) to enhance and expand its airport at Devanahalli, about 38 km from this tech hub, ... Read more...

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Macquarie SBI, SBI to invest Rs.125 crore in Adhunik power unit


August 9th, 2010 - 7:28 pm ICT by IANS
Kolkata, Aug 9 (IANS) Macquarie SBI Infrastructure Investments Pte Ltd (Macquarie SBI) and State Bank of India (SBI) will invest Rs.125 crore in Adhunik Metaliks' power subsidiary, Adhunik Power and Natural ... Read more...

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NLC Tamilnadu Power to foreclose REC loan, mulls ECB


May 31st, 2010 - 4:00 pm ICT by IANS
Chennai, May 31 (IANS) To reduce its interest burden, NLC Tamilnadu Power Limited (NTPL) has decided to foreclose its loan account with Rural Electrification Corporation (REC) and go in for a mix ... Read more...

Posted in Business |

Empowered ministers’ group to decide on petrol price hike


May 24th, 2010 - 7:04 pm ICT by IANS
Chennai, May 24 (IANS) The empowered group of ministers scheduled to meet June 7 will decide on a hike in petrol and diesel prices, Petroleum Minister Murli Deora said Monday. "The petroleum and ... Read more...

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Government to announce new guidelines for road projects


October 29th, 2009 - 8:29 pm ICT by IANS
Mumbai, Oct 29 (IANS) The government plans to execute mega road projects worth Rs.5,000 crore with new guidelines, Road Transport Minister Kamal Nath said here Thursday. Addressing a seminar here on India-United Arab ... Read more...

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Murugappa group plans to double turnover in 5 years


October 1st, 2009 - 5:04 pm ICT by IANS
By Venkatachari Jagannathan Chennai, Oct 1 (IANS) The Rs.15,600-crore diversified Murugappa group is planning major business expansion including acquisitions to more than double its turnover in five years, a top company official says.According ... Read more...

Posted in Business |

BOC India to pump in Rs. 10 bn for expansion


May 29th, 2009 - 11:03 pm ICT by IANS
Kolkata, May 29 (IANS) Industrial gas maker BOC India Ltd, a subsidiary of the Linde Group, has no plans to delist its shares from the stock exchange and would inject Rs.10 billion ... Read more...

Posted in Business |

Edible oil firm introduces new brands, targets hotels and rural markets


March 21st, 2009 - 6:38 pm ICT by IANS
Chennai, March 21 (IANS) The Rs.60-billion (Rs.6,000 crore) branded edible oil company Adani Wilmar Limited (AWL) is expanding its production and distribution lines and targeting hotels and rural markets, said a top ... Read more...

Posted in Business |

Jai Balaji opts for land-for-land rehabilitation package


June 30th, 2008 - 11:05 pm ICT by IANS
Kolkata, June 30 (IANS) Jai Balaji Industries Ltd, the flagship company of Jai Balaji Group, which is engaged in construction of a 5-million-tonne steel plant in Purulia in West Bengal plans a ... Read more...

Posted in Business |

Tilaknagar Industries to invest Rs.1.5 bn for expansion


June 17th, 2008 - 7:54 pm ICT by IANS
Mumbai, June 17 (IANS) Mumbai-based alcoholic beverages manufacturer Tilaknagar Industries Ltd plans to invest Rs.1.5 billion for the expansion of its plant and setting up a grain-based spirit project. According to the ... Read more...

Posted in Business |

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