Chhattisgarh government has decided to close down 250 liquor shops in the state from the next financial year.

Chhattisgarh to shut 250 liquor shops

Business Standard

Century Plyboards (India) Ltd, has posted a 12.9 per cent drop in profit after tax (PAT) for the third quarter of this financial year ended on December 31 to Rs 27 crore, as compared to Rs 31 crore during the same period last fiscal. The company&rsquo;s net sales for the period under review rose 26.7 per cent to Rs 361 crore, against Rs 285 crore during the third quarter of the previous financial year.

Century Plyboards PAT drops 12.9%

The State Level Investment Promotion Committee, headed by the chief secretary of Andhra Pradesh, would discuss incentives to new investment proposals worth Rs 20,421 crore under the mega project category on Thursday.

Projects worth Rs  20,000 cr up for clearance in AP

Vasan Healthcare Pvt Ltd is planning to invest Rs 400 crore for expansion of its eye care hospital network, dental clinics and entry into other verticals before March 2012. It has plans to set up 45 eyecare hospitals, 15 dental clinics and entry into invitro fertilistation, urology and skin care business, with the investment.

Vasan Healthcare plans Rs  400-crore expansion

Andhra Pradesh Paper Mills reported a 12.5 drop in net profit in the third quarter of 2010-11 at Rs 8.19 crore compared with Rs 9.37 crore in the same period of last year. Its total income grew 8.6 percent to Rs 175.9 crore (Rs 161.98 crore), leading to a 9 percent increase in operating profit at Rs 20.27 crore (Rs 18.57 crore). On the expenditure side, raw material costs went up 32 percent to Rs 52.6 crore and power and fuel costs rose 49 percent to Rs 24.4 crore.

AP Paper Q3 net slides 12 pc

A sudden drop in the country&rsquo;s import of merchandise goods has led to widespread concern on the overall health of the Indian industrial output, which has shown some moderation in terms of productivity and output.

All eyes on health of industrial output

Striking workers at the Cochin Port called off their protest on Wednesday after a single judge bench of the Kerala High Court directed the Cochin Port Trust to continue operations at the Rajiv Gandhi Container Terminal for the next three months.

Cochin Port workers end strike

The Renault Nissan Alliance has said that its Oragadam greenfield facility near Chennai &mdash; its first in the world &mdash; will be a template for its upcoming Morocco facility, with a few changes only in the back-end engineering.

Renault-Nissan training its international staff in Chennai

Bharat Electronics Limited (BEL), the Bangalore-based public sector defence electronics company, is actively looking at a possibility of collaborating with an overseas company to set up a manufacturing plant to produce seekers for missiles in the country, a top company official said.

BEL to set up plant for missile seekers

Bell Helicopter, a Textron Inc. company, has announced the first delivery of a Bell 429 helicopter to a customer in India.

Bell announces delivery of chopper

General Dynamics UK has signed its first contract with an Indian customer - Hindustan Aeronautics Limited (HAL), to support the IAF&rsquo;s fleet of Hawk aircraft. General Dynamics has been contracted by HAL to establish an overhaul capability to provide 3rd and 4th line servicing for all the Indian Air Force&rsquo;s &amp; Navy&rsquo;s Hawk MK 132 aircraft&rsquo;s Stores Management Systems (SMS).

General Dynamics pact with HAL

PetroChina, the country&rsquo;s biggest energy producer, agreed to buy a 50 per cent stake in Encana&rsquo;s Cutbank Ridge gas assets in Canada for $5.4 billion in its largest overseas acquisition.

PetroChina to buy Encana stake for $5.4 billion

State-owned Gujarat Mineral Development Corporation Ltd (GMDC) has registered 42 per cent rise in its net profits at Rs 101 crores for the third quarter ended December 2010. Company's quarterly turnover stood at Rs 360 crores up 33 per cent against the corresponding period last year and 45 per cent against the immediate preceding quarter.

GMDC net up 42%

Gujarat is planning to set up facilities to check future Congo fever outbreaks. The Crimean-Congo Hemorrhagic Fever virus (CCHF) has claimed three lives in the state so far.

Guj plans unit to combat Congo fever

Capacity addition may not be enough for Mallya to claw his way back after losing ground to Bhatia&rsquo;s carrier, analysts say.

Battle in skies: Kingfisher's mood IndiGo

Mahindra &amp; Mahindra (M&amp;M) has agreed to acquire 38 per cent equity stake in Nashik-based micro irrigation company- EPC Industries Ltd (EPC) through preferential issuance of equity shares for Rs 43.35 crore. This transaction will enable M&amp;M to enter micro irrigation sector.

M&M to pick up 38% stake in EPC

Acquisition may be the most hated word for Mamata Banerjee, but on Thursday the Railways minister added a new word to her dictionary, reclamation, which may well turn out to be her favourite.

Reclamation finds place in Mamata's lexicon

While the National Association of Software and Services Companies (NASSCOM) is lobbying for extension of Software Technology Parks of India (STPI) scheme for one more year, IT companies in Gujarat are preparing themselves for the worst case scenario. In spite of being a wait-and-watch mode, smaller units are mulling to stay away from moving into IT special economic zones (SEZs) in the state.

Gujarat STPI units mull skipping SEZs

Lanco Solar, a subsidiary of Lanco Infratech Limited (LITL) is setting up India's first integrated Solar PV (photovoltaic) manufacturing Special Economic Zone (SEZ) in Rajnandgaon district of Chhattisgarh.

LITL to set up integrated solar SEZ in Chhattisgarh

The GJM today said it will not sit for talks unless Gorkhaland issue is discussed and ruled out an interim council for Darjeeling even as the situation in the hills remained largely peaceful on the second day of the party's indefinite bandh to protest Tuesday's police firing on its supporters.

GJM rules out interim council

Press Trust of India

Diversified industrial manufacturer Eaton Corporation today announced the availability of the DuraForce range of high-pressure piston pumps and motors to serve heavy duty application markets in India.

Eaton launches DuraForce pumps for Industrial applications

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