Indiabulls Power Services Ltd, a subsidiary of Indiabulls Real Estate Limited, has signed an MOU with the Government of Jharkhand for setting up of 1320 MW (2X660)Independent Power Project in the state. According to sources, the proposed coal fired project, with an expected capital outlay…

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JSW Steel Limited posted 19% growth in crude steel production in May’08 including production of Salem works for corresponding period on comparable basis. The company has also achieved 9% growth in Rolled flat product (HR Coils & Plates) & 22% growth in Rolled long products seg…

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Zylog Systems Limited (ZSL), a global information technology services firm today announced it has been recognized by Everything Channel’s VARBusiness magazine as one of the top technology integrators and won the ‘Top Technology Practices’ award for the Greenware Computing initia…

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Educomp Solutions announced today that the company has secured contracts from 395 schools under the ICT segment comprising of 208 schools in Rajasthan, 187 schools in Jharkhand. With these orders the total number of schools in the Educomp portfolio has gone up-to 6,399. Educomp has also …

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Rane Engine Valve Ltd (REVL) the flagship company of the Rane Group, that produces engine valves and tappets, has won the prestigious ‘Volkswagen Group Award 2008’ for Rane Engine Valves’ achievement as one of their most important business partners. Volkswagen awarded 15 global supp…

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Axis Private Equity Limited, (AXIS PE), a company set up by Axis Bank to manage private equity funds today announced two significant investments of Rs. 75 Crore (USD 19 Mn) and 67 crores (USD 17 Mn) in Neesa Leisure Limited (Neesa Leisure) and Corrtech International Private Limited (“Co…

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Era Infra Engineering Ltd. through their construction & contracts division has bagged a prestigious contract from Mumbai Railway Vikas Corporation Ltd. for the construction of EMU Maintenance Car Shed between Nallasopara & Virar stations of Western Railway through International …

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AHMEDABAD: Reliance Petroleum Limited chairman Mukesh Ambani on Saturday said his team is set to create a world record by constructing the new refinery at Jamnagar in less than 36 months. The company, a unit of country’s most-valued firm Reliance Industries, is constructing an expo…

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If you thought the fuel price hike on Wednesday was bad news, the worst is yet to come. Global crude prices have soared by over $11 since then to cross $138 per barrel, and Morgan Stanley predicted they would hit $150 a barrel by July 4. The government would not dream of contemplating an…

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ITC Limited has won the top honours at the TERI Corporate Award for Social Responsibility 2008 in recognition of its exemplary initiatives in implementing integrated watershed development programmes across 7 states, providing precious water resources for agriculture, rural communities and…

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