generation business

US venture fund invests $15 million in Indian IT firm


February 15th, 2012 - 8:48 pm ICT by IANS
Bangalore, Feb 15 (IANS) Leading US venture fund Norwest Venture Partners has invested $15 million (Rs.74 crore) in Manthan Systems for an unspecified equity stake in the Bangalore-based business intelligence ... Read more...

Posted in Business |

Jaypee announces amalgamation of three group entities


February 14th, 2011 - 10:04 pm ICT by IANS
New Delhi, Feb 14 (IANS) The diversified $3.25 billion Jaypee Group Monday announced the amalgamation of two of its group companies into an existing holding company to consolidate the power ... Read more...

Posted in Business |

Moser Baer’s energy business attracts investment of Rs.13.5 billion from Blackstone


August 18th, 2010 - 6:54 pm ICT by ANI
New York/Mumbai, Aug.18 (ANI-Business Wire India): Moser Baer Projects Private Limited (MBPPL), a developer of power generation facilities with a diverse pipeline of thermal, solar and hydroelectric power projects has attracted an ... Read more...

Posted in Business |

Mukesh-Anil Ambani scrap ‘non-compete’ agreement of 2006


May 23rd, 2010 - 9:07 pm ICT by ANI
Mumbai, May 23 (ANI): In a significant development, Reliance Industries Ltd. (RIL) and Reliance ADA Group companies on Sunday formally agreed to cancel all existing non-compete arrangements which the two groups entered ... Read more...

Posted in National |

Ambani brothers pledge ‘environment of harmony’ with new pact (Roundup)


May 23rd, 2010 - 7:47 pm ICT by IANS
New Delhi, May 23 (IANS) In a seeming breakthrough, the respective Reliance groups led by brothers Mukesh and Anil Ambani Sunday said they have entered into a new non-compete pact that will ... Read more...

Posted in Business |

Ambani brothers enter new pact, gas dispute settlement in sight (Lead)


May 23rd, 2010 - 5:36 pm ICT by IANS
New Delhi, May 23 (IANS) In a seeming breakthrough, the respective Reliance groups led by the brothers Mukesh and Anil Ambani Sunday said they have entered into a new and simpler non-compete ... Read more...

Posted in Business |

Ambani brothers enter new pact, gas dispute settlement in sight


May 23rd, 2010 - 4:44 pm ICT by IANS
New Delhi, May 23 (IANS) Burying their differences, the respective Reliance groups led by brothers Mukesh and Anil Ambani Ambani Sunday said they have entered into a new and simpler non-compete pact ... Read more...

Posted in Business |

Astonfield-Areva to develop 100 MW biomass assets in India


July 30th, 2009 - 12:41 am ICT by IANS
Kolkata, July 29 (IANS) The US-based Astonfield Renewable Resources Limited has set its eyes on non-conventional energy generation in India by exploiting offshore wind, tidal and concentrated solar energy resources, a top ... Read more...

Posted in Business |

Sterlite to sell shares in US, raise $1.5 bn


July 16th, 2009 - 2:20 pm ICT by IANS
Mumbai, July 16 (IANS) Sterlite Industries, a leading copper producer, Thursday said it plans to raise $1.5 billion by selling shares in the US for further development of its power generation business ... Read more...

Posted in Business |

Larsen and Toubro to pump $6 bn into power business


June 12th, 2008 - 9:37 pm ICT by IANS
New Delhi, June 12 (IANS) Engineering and construction giant Larsen and Toubro Wednesday said it would invest Rs.250 billion ($6.25 billion) in the power generation business, including nuclear energy, over the next ... Read more...

Posted in Business |

BSNL signs contract for Convergys to lower IT costs and launch convergent services


April 22nd, 2008 - 7:34 pm ICT by admin
Cincinnati, Apr 22 (ANI/Business Wire India): Convergys corporation (NYSE: CVG), a global leader in relationship management, announced today that Bharat Sanchar Nigam Limited (BSNL) has signed a multi-year licensing, support, and ... Read more...

Posted in Business |

Subscribe