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Alstom India bags Rs 1,070 cr order for Neyveli thermal power project

Alstom will co-operate with BHEL in conceptualising, designing, engineering and supplying two tower boilers

Ashok Leyland sells shares worth Rs 75 cr in IndusInd Bank

CPCI Mauritius acquires the shares

KKR India Asset to acquire Motichand Finance

Will acquire entire control through subscription and purchase

IOB board gives nod for raising Rs 2,100 cr

IOB gets Board's approval to issue equity shares to GoI, LIC

TN to become power surplus, says Jayalalithaa

The chief minister notes that between 1991 and 1996, and between 2001 and 2006, Tamil Nadu was a power surplus State.

Isro warns against 'unauthentic' pages in social media

Says it is initiating action against these pages

NSL Power to invest $45 mn to set up windfarms in Maharashtra

IFC plans to lend $15.75 mn to the company

Nationwide bank employees strike on Dec 18

The decision comes after talks between bank employees' trade unions and banking organisations failed

Ashok Leyland's Sri Lankan JV expects Rs 237 cr order from SL govt

The Sunday Times Sri Lanka reported that the government will buy 2,200 new buses for the Sri Lanka Transport Board from next year

M&M developing 4 platforms

The company is also planning to set up a test track for tractors

Essar Ports to invest Rs 1,200 cr in Vizag port

Vishakhapatnam port handled 12.3 mt of iron ore in financial year 2013

Will transfer India assets to Microsoft in Jan-Mar 2014, says Nokia

Company would work on deal to execute transfer of assets during same period

Mahindra Research Valley in Chennai working on four new platforms for Mahindra Automative

The platforms are for small commercial vehicle, utility vehicle, SUV and LCV

Inclusive growth is the key: Jayalalithaa

Asks district collectors in the state to ensure no one is excluded from development process

Shriram Equipment Finance plans to raise Rs 200 cr

Mars Mission as on October 31 cost Rs 244 cr

Total allocation was Rs 450 crore for the Mission

Funds for space research on par with developing countries: Narayansamy

Indicative Plan outlay for space research during 12th Five Year Plan (2012-17) is Rs 39,750 crore

Digital magazine store Magzter raises $10 mn from Singapore Press Holdings

Magzter has more than 16 million users from more than 200 countries, and offers a global catalog of over 3,000 magazines from over 900 publishers in more than 30 international languages

ISRO successfully performs first TCM on Mars Orbiter

The spacecraft is presently travelling some 2.9 million kms away from Earth

Renault to increase prices from January

Hike to be in line with industry standards