Essar Oil announced that it has been granted phase III environmental clearance for its coal bed methane (CBM) gas field at Raniganj, West Bengal, allowing it to increase drilling to 650 wells.
Sugar production has declined owing to the poor cane availability in States such as Maharashtra and Karnataka, resulting in early closure of factories for the 2012-13 season
DHL one of the leading logistics company continue its partnership with Lakmé Fashion Week for the seventh consecutive year. The partnership is part of a global relationship as the Official Logistics Partners for IMG Fashion Weeks across the world spanning 15 countries across four continents,
The President of Consumer Electronics and Appliances Manufacturers Association (CEAMA) and Director of Videocon has stated that the Finance Minister of India, P Chidambaram had given a balanced Budget.
Cipla Limited offers to the shareholders of Cipla Medpro South Africa Limited to obtain 100 per cent of the ordinary share capital of Medpro for ZAR 10.0 per share. The offer will be implemented via a scheme of arrangement and is subject to regulatory and other approvals including approval by Medpro shareholders.
L&T Construction, part of Larsen & Toubro has won new projects worth Rs 1,504 crore across various business segments in February 2013 both in domestic and international markets, according to BL report.
Ranbaxy Laboratories has incurred net loss of Rs 492.44 crore during the fourth quarter ended December 31, 2012, lower than the net loss of Rs. Rs 2,982.76 crore for the corresponding quarter previous fiscal.
Suzlon Energy Ltd has bagged ONGC order to install wind energy turbines of 102.9-MW capacity
As the demand for electronics hardware in the country is projected to increase from the present $ 65 billion to $ 400 billion by 2020, this provides a humungous opportunity for India to become an Electronic System Design and Manufacturing (ESDM) hub, while the Indian Electronics market is comparatively smaller in size against the global electronic market of $ 1.8 trillion.
Reliance Sibur Elastomers Private Limited construction began on butyl rubber plant in Jamnagar with a joint venture between Reliance Industries Ltd (RIL) and Russian gas processing and petrochemicals company SIBUR, RIL owns 74.9 per cent in the joint venture.
Seshasayee Paper and Boards Ltd a paper producer has posted a 73 per cent increase in the net profit for the quarter ending December 31, 2012, at Rs 8.11 crore
CCI drops the case against Lakshmi Machine (textile machine maker) for alleged abuse of dominant position in the market for “sale of spinning machinery for textiles”.
Daimler India Commercial Vehicles Private Limited introduces light-duty range of BharatBenz trucks from its manufacturing plant at Oragadam near Chennai.
The Government plans to procure a record high 44 million tonnes of wheat in the rabi marketing season 2013-14 starting April. Last year, the Government had procured 38.14 mt.
The coconut oil prices were down in Tamil Nadu and Kerala owing to increase in the copra sale