procurement contract

Unlimited penalty for defaulting on defence offsets

August 2nd, 2012 - 10:27 pm ICT by IANS
New Delhi, Aug 2 (IANS) India will levy unlimited penalties on foreign firms that fail to meet their offsets obligations of ploughing back a minimum 30 percent of a contract ... Read more...

Posted in Business |

Punj Llyod bags engineering contract from Saudi oil firm

September 20th, 2010 - 2:36 pm ICT by IANS
Mumbai, Sep 20 (IANS) Infrastructure major Punj Lloyd has secured an engineering and procurement contract from Saudi Arabian state-run oil company Saudi Aramco. The order was secured by the Indian firm's Saudi Arabia ... Read more...

Posted in Business |

Ethiopia to Indian firms: end dispute or lose contract

February 4th, 2010 - 12:34 pm ICT by IANS
By Groum Abate Addis Ababa, Feb 4 (IANS) The Ethiopian government has asked two Indian companies to resolve their dispute and start work on the construction of a $700-million sugar factory, warning any ... Read more...

Posted in Business |