EIH Associated Hotels Ltd is likely to raise Rs 78 crore from the market to finance the acquisition of two hotels of EIH Ltd. 


EIH arm likely to raise Rs 78cr

Business Standard

The Power Finance Corporation Ltd on Thursday invited expression of interest to set up a 4,000 megawatt coal-based power plant at Mundra in Gujarat. This is the second ultra mega power plant being

Power Corp invites bids for 4000 mw project in Gujarat

With the trend of soft luggage gradually taking over the hard luggage market, VIP Industries  Asia's largest luggage manufacturer, will now focus more on soft luggage segment. 


VIP to focus on soft luggage, more retail outlets

In its expansion plans targeting cash-rich Gujarat, Kshitij  backed by the Pantaloon chain  is looking for space in Surat and Rajkot, besides opening three malls in Vadodara and one in Ahmedabad. 


Pantaloon, Kshitij plan expansion in Rajkot, Surat

Hewlett-Packard (HP) registered a high growth in Gujarat compared to other states in western region. 


HP posts 75% growth in Gujarat

In a bid to serve its customers better, Reliance Infocomm has so far set up 46 customer interface operating units (CIOU) across Rajasthan, Reliance WebWorld and Reliance WebWorld Express being some of

Rajasthan gets interface units from Rel Info

SanDisk Corporation, the leader in flash data storage card products, on Tuesday announced opening of its flash memory device design centre in Bangalore. 


SanDisk opens flash memory design centre in B`lore

Buoyed by the Plan panel sanction for Rs 9,020-crore plan size for 2006-07, the Madhya Pradesh government is now working on bringing down the revenue deficit to zero to present a zero-based Budget.

MP seeks to cut budget deficit

The increasing use of pipelines to transport crude oil in the country has taken away the glory of the Indian Railways largest earning yard Karachiya yard. 


Indian Rlys losing revenues from Karachiya yard

As there is huge potential for the development of small-scale industries in and around Kolhapur, a new five-star industrial complex is coming up in the industrial zone in the city. 


Kolhapur to get Rs 12 cr industrial complex soon

Deals in IT/ITeS space fall 29% between January and June this year

Deal volumes in IT/ITeS fall as VCs prefer stronger players

Government securities traded bearish on selling pressure from banks and companies

Govt securities turn bearish

Agencies

Even if the company's merger issue was sorted out, it would have a lot of ground to cover in order to attract subscribers

Regulatory hurdles come in the way of Idea's growth

Revival in demand and in-house measures such as introduction of variable pay have helped cut losses at SsangYong, prompting M&M to step up its plansIn late 2007,  SsangYong Motor, South Korea's smallest car maker, held a series of talks with its labour union requesting temporary shutdown of the plant as the demand for new vehicles fell globally. While the company's problems with the  union continued, more trouble ensued. The following year saw the collapse of financial services firm Lehman Brothers, triggering a worldwide economic meltdown. The same year, SsangYong declared that it had run out of cash for salary payments, holding the then Chinese management of the Shanghai Automotive Industry Corporation (SIAC) responsible for its plight.SsangYong accused SAIC Motor Corp, its Chinese owner, of stealing state-funded technology developed by it. Following the run-in, SAIC refused to invest more in SsangYong, pushing the Korean company to the brink of extinction.Cut to May 2013. The co

M&M's Korean gamble starts to pay

Chairman Gopal Gupta says availability of good quality potato in Himachal Pradesh is prime reason for the investment

Gopal CorpCo invests Rs 50 cr in food processing

Initially, the cell phones would be available at its 122 exclusive stores in the state

Lenovo to launch smartphones in UP

The scheme has been approved by state Cabinet with financial implication being pegged at Rs 50 cr annually

Goa govt launches scheme to strengthen infra in schools

Press Trust of India

The state govt since last week increased school timings by half an hour, summing it to five and half hours a day

Goa teachers may have to work 7.5 hours as per RTE

The agency joins hands with the state authorities to shut down the premises, which are doubling up as narcotics dens

Clampdown on beach side shacks to curb drugs menace in Goa

Heavy onslaught of monsoon and strong wind for the last couple of weeks have made fishing almost impossible along the Kerala coast. This in turn has resulted in a steep rise in the prices of fish.Sea-based fishing has almost stalled as a ban on trawling is effective mid-June. Though country boats were allowed, due to rough sea and bad weather conditions, most of the fishermen have not ventured into the sea for the last two weeks.A Munambam fishing harbour-based worker, said though shallow water fish like Indian sardine and mackerel were abundant now, it is dangerous to go for fishing.PK Karthikeyan, a Munambam fishing harbour-based worker, said most of his co-workersÂ had temporarily stopped venturing into the sea due to strong wind conditions. Even boats kept on the banks got destroyed in districts like Alappuzha Â due to strong waves, he added.Hence, they have not ventured into the sea though shallow water fish like Indian sardine and mackerel were abundant now.As a result, the price

Inclement weather makes fishing difficult in Kerala

The Rs 11,640-cr project may get further delayed if coal is not made available

NTPC's Gadarwara project in MP yet to get coal allocation

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