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Monday, Nov 23, 2009
 
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Jindal Rail to invest Rs 2,700 cr in wagon facility, finalising tech deal with Jap firm23-NOV-09
Jindal Rail Infrastructure Ltd, a 100 per cent subsidiary of Jindal ITF, the infrastructure arm of Jindal SAW Ltd, is likely to finalise a technical tie-up with a Japanese company for manufacturing of electric multiple unit (EMU) coaches at its upcoming wagon making facility at Karjan near here.
Protests against buying land boost Orissa Naxals23-NOV-09
Recently L N Mittal, the world’s top steel maker, announced in London that he may shift his 12-million tonne steel project out of Orissa because of the long delay in land acquisition and local opposition to the project.
Creating value23-NOV-09
The move by IVRCL Infrastructures to transfer its BOT projects to IVR Prime is positive for the duo.
Policy momentum required22-NOV-09
The government has to play a bigger role in infrastructure development to improve valuations of related sectors.
India Power combine wins bid for control of DPSC21-NOV-09
In an all-cash deal, a consortium of India Power Corporation Ltd (IPCL) and Srei Infrastructure Finance Ltd has won the bid for a controlling stake of 57.17 per cent in DPSC Ltd (formerly Dishergarh Power Supply Company), which was previously held by public sector units Andrew Yule, Life Insurance Corp and United India Insurance.
GVK eyes controlling stake in B'lore airport21-NOV-09
GVK Power & Infrastructure, which recently took a 12 per cent stake in Bangalore International Airport Ltd (BIAL), has said it is open to taking a controlling stake in the airport.
Srei consortium bags 57% DPSC stake20-NOV-09
India Power Corp (IPCL), a consortium promoted by Srei Infrastructure Finance and Bhaskar Silicon, has emerged as the higest bidder to acquire 57 per cent stake in Dishergarh Power Supply Corp (DPSC).
Om Metals Infraprojects bags ’Emerging India Award, Infrastructure’20-NOV-09
Om Metals Infraprojects Ltd., leading hydro-mechanical engineering company was awarded the prestigious ‘Emerging India Awards’ in the Infrastructure Category in ICICI Bank and CNBC- TV18's Emerging India Awards 2009, powered by CRISIL. The award was received by Dr. T C Kothari, Founder and Chairman, at a function in New Delhi from Honorable Union Home Minister Shri P. Chidambaram and ICICI CEO - Mrs. Chanda Kochar.
Reliance Spot Exchange seeks infrastructure status20-NOV-09
Reliance Spot Exchange Infrastructure, a group company of Reliance ADAG, today sought infrastructure status for the national commodity spot exchanges.
Gammon Infra secures Rs 850 cr NHAI contract20-NOV-09
The estimated cost of the project which is pegged at Rs 850 crore will be for improving the highway stretch from Patna to Muzaffarpur in Bihar and will fall under the National Highway Development Programme (NHDP) Phase III on build operate transfer (BOT) basis.
Markets remain in negative territory20-NOV-09
The markets continue to trade in the negative on the back of weakness in realty, metals and IT pack.
Mundra Port: In sync with recovery20-NOV-09
The outlook for Mundra port is intertwined with one’s view on domestic industrial production and demand and a positive trend in the latter will lead to improved outlook for the stock. This is significant both for its cargo volumes as well as the SEZ (special economic zone) performance.
Puduchery govt seeks Rs 350 cr NABARD loan for infra projects20-NOV-09
The Puducherry government has sought Rs 350 crore from the National Bank for Agriculture and Rural Development (NABARD) for infrastructure development work, including construction of rural roads, school buildings, storm water canals and augmentatation of drinking water supply.
Indian labourers largest contributors to Burj Dubai18-NOV-09
The world's tallest structure Burj Dubai, an "unprecedented" engineering marvel that is ready to be thrown open to the public, was built with a major contribution from India -- a vast labour force.
Pratibha Ind wins Rs 295 cr order from UP Jal Nigam18-NOV-09
Infrastructure company Pratibha Industries today said it has bagged an order worth Rs 294.30 crore from UP Jal Nigam.
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