CG Foods, one of the leading noodles and snacks Company in Eastern India, set up by Singapore-based Cinnovation Group, is all set to invest Rs 40 crore for establishing a manufacturing plant in Gujarat. The investment will be made over the period of next three years.

CG Foods to invest Rs 40 crore in Gujarat

Business Standard

A delegation of the American companies operating in India led by Aniruddha Lahiri, vice-chairman, American Chamber of Commerce in India (Amcham India) would visit Dhaka from February 8 to 10, 2011. The purpose of the visit is being touted as the exploration of business opportunities and investment potential in Bangladesh.

Indo-Am trade delegation to Bangladesh

Automotive Research Association of India (ARAI) today denied any possibility of environment violation norms while setting up the laboratories under the NATRiP project, an initiative of Government of India&rsquo;s &lsquo;Automotive Mission Plan 2006-2016&rsquo;.

ARAI denies violation of green norms

After a long delay, Suzlon Energy Ltd has submitted the Detailed Project Report (DPR) to the Orissa government for a 99 MW wind power plant at Damanjodi in Koraput district to be set up at a cost of around Rs 600 crore.

Suzlon Energy submits DPR for Rs 600-cr wind power project

As Partha S Bhattacharyya steps down as CMD, the search for a successor is being keenly watched.

A suitable boss for Coal India

A walk through the sprawling building of the Centralised Processing Centre (CPC) on Hosur Road near Electronics City in Bangalore does not give an inkling that it is a government department &mdash; a sensitive one like the income-tax department. This is where 300-odd executives of Infosys and 30 I-T officials, headed by Commissioner Sanjai Kumar Verma, process all I-T returns filed electronically (e-filing) across the country and all paper filings of Karnataka.

I-T dept's refurbished unit cuts red tape, hastens work

Airtel Digital TV, the DTH service from Bharti airtel, anticipates a 127 per cent rise in its retail presence to 2,50,000 retail touch points across the country from 1,10,000 now. In January, the company became one of the fastest growing DTH companies in the world by crossing 5-million mark interms of customers with in 21 months of its national launch.

Airtel Digital eyes 127% growth

As Aero India 2011 was nearing, plane spotters in the city could not help salivating at the prospect of catching some of the most magnificent flying machines in the Bangalore skies. This time around, they can expect to see many more top-end state-of-the-art machines than in the 2009 edition.

Metal birds set to hog city skies

Domestic coal prices may see a steep hike this financial year as a result of drop in production growth.

Domestic coal prices to see drop this fiscal

Assam Company India Ltd, which is engaged in diverse sectors like tea plantation, oil and gas exploration and production and infrastructure, has posted a 76.2 per cent increase in net profit to Rs 35.54 crore as compared to Rs 20.17 crore last year.

Assam Company net profit up 76.2%

SAAB, the Swedish defence aircraft manufacturer, is planning to float a joint venture company with Hindustan aeronautics Ltd (HAL) to jointly manufacture airborne electronic warfare system.

SAAB to form JV with HAL for airborne e-warfare system

Cassidian, the erstwhile EADS defence and security, today announced the opening of its new engineering centre in the city. This is the first defence-oriented engineering centre operated by a foreign company in India, according to Cassidian.

Cassidian opens tech centre

ARSS Infrastructure Projects Ltd, a city-based infrastructure firm engaged in the construction of roads, highways, bridges, irrigation projects and EPC (Engineering Procurement &amp; Construction) activities has recorded a 54 per cent rise in net profit at Rs 76.88 crore in the April-December period of this fiscal as against Rs 49.94 crore in the corresponding period of 2009-10.
The company's operational income in the said period went up by 42 per cent to Rs 859.83 crore from Rs 605.26 crore

ARSS April-Dec net up 54%

Stepping up its ante against the ruling Biju Janata Dal (BJD) in the multi-crore dal scam in Orissa, the BJP today said, it will seek the permission of the state Governor to file criminal cases against the state Chief Minister Naveen Patnaik, axed minister for women and child development Pramila Mallick and officials responsible for the scam.

BJP to seek Guv's nod to file case against CM on dal scam

United Technologies India, the Indian subsidiary of the $54.3 billion global defence and aerospace major, today said it is in advanced stages for floating five joint ventures for engine component manufacturing. The move is aimed at tapping the airspace sector in the country.

United Tech in talks for five JVs

States are in parleys to take on the Centre over the proposed Goods and Service Tax (GST) on February 11 in New Delhi. Besides BJP-ruled states like Madhya Pradesh, Gujarat and Karnataka, the proposed 115th Amendment Bill, 2011(a copy is available with Business Standard), or the third draft of GST, is likely to be challenged by Uttar Pradesh, Tamil Nadu and Jharkhand.

States to protest third draft of GST

Nabard has sanctioned a loan of Rs 209.20 crore under RIDF (Rural Infrastructure Development Fund) to the Haryana government for remodelling of 462 water-courses projects in nine districts, construction of 14 bridges in nine districts and 15 projects of drinking water supply in Mahendergarh district, stated Nabard Haryana Regional Office Chief General Manager H K Talreja. The remodelling of water courses projects will bring an area of 42,518 hectares under irrigation.

Nabard sanctions Rs 209.20 crore to Haryana for rural development

The Mayawati government today tabled a tax-free budget for the 2011-12 financial year in the state Assembly.

Mayawati govt presents tax-free budget for 2011-12

&quot;Presently, we have seven per cent market share in volume terms and 10 per cent share in value terms in the country.

Hitachi eyes 15 % market share by 2015

The Science and Technology Department of the Orissa government has sought additional 15 acres of land to set up the state&rsquo;s first Marine Biotechnology Park (MBP) in Ganjam district.

Marine Park seeks 15 acres more

Uttar Pradesh sugar production in the current crushing season is likely to grow over 15 per cent compared to last year and touch a figure of almost 6 million tonnes.

UP sugar output may grow 15%

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