The production unit of FACT-RCF Building Products Limited (FRBL), a joint venture between Fertilizers and Chemicals Travancore (FACT) and Mumbai-based Rashtriya Chemicals and Fertlizers (RCF) is nearing completion at the Ambalamedu campus of FACT. The unit will manufacture gypsum-based wall panels and other building materials. The unit is being installed&nbsp;on 12 acres of FACT land with an investment of Rs 100 crore. Gypsum is a by-product of FACT and is stored at Ambalamedu and Udyogmandal divisions in large quantities.

FRBL's gypsum products unit nears completion

Business Standard

Despite the Reserve Bank of India hiking key policy rates three times in the last three months, some of the prominent real estate companies are not in a mood to revisit their sales volume projections this fiscal. Rather, they expect inflation rate falling in the next six months which will eventually ease the interest rate regime in the second half of the present financial year.

Realty companies hope for an early recovery

The state government today issued orders to hand over 702 acres of land, abutting the existing airport at Tirupati, for free to the Airports Authority of India (AAI). This would be used for upgrading the facility into an international airport with modern amenities.

AAI to get 702 acres to develop Tirupati airport

Taking a step forward in empowering local youth in Punjab with the requisite skill, Confederation of Indian Industry (CII), Punjab announced constituting a Special Task Force in Nawanshahr for skill development and creating education &amp; employment opportunities for weaker sections of the society. This was announced by Vijay Thadani, CII Chairman, Northern region while addressing media.

CII task force for affirmative action at Nawanshahr

Dakshina Kannada district, on June 27 on the advise of various mutt heads.

CM hints at dropping 'truth test' at Dharmasthala

The National Shipping Board is putting more efforts to improve coastal shipping.

Board mulls steps to improve coastal shipping

Nearly three years after raising a record $100 million from private equity funds to expand its presence in multi-specialty expansive hospitals in 5-6 cities in India, Narayana Hrudayalaya is once again tapping the private equity route to expand its presence in the neighbourhood speciality clinics space.

Narayana Hrudayalaya arm to raise PE

The Empowered Committee of Punjab cleared two different policies for developing integrated sugar complexes and textile parks in the state.

Punjab finalises policy for sugar complex, textile parks

The Millet Network of India (MINI) has sought an increase in subsidy to Rs 10,000 an acre for farmers as against the state government&rsquo;s decision to provide Rs 5,000 per acre.

Millet body seeks higher subsidy

Bank of India on Wednesday inaugurated its first &lsquo;retail business centre&rsquo; in Lucknow to help customers avail of retail loan facilities more conveniently. Bank General Manager (national banking group &ndash; North) R C Khurana inaugurated the centre. On the inaugural day, the bank sanctioned a loan of Rs 3.69 crore.

Bank of India starts 'retail business centre'

In order to cater to the burgeoning demand of auto components in the domestic market, Punjab-based DCM Engineering Ltd, manufacturer of engine blocks and cylinder heads is planning to set up new unit at its existing premises in Ropar with an investment of Rs. 200 crore.

DCM engineering to set up unit in Ropar

US-based visual display products company, ViewSonic Technologies, is planning to launch a new range of tablets, which run on both Android and Windows operating systems (OS) and can switch between the two at the tap of an icon. These will be launched in India by the end of this financial year.

ViewSonic to launch new tablets range in India

Kerala Financial Corporation (KFC) will sanction&nbsp;loans to the tune of Rs 1000 crore in the current&nbsp;financial year, said KM Mani, finance minister of Kerala.

KFC to sanction Rs 1,000 cr loans this year

West Bengal Chief Minister Mamata Banerjee has lived up to her electoral pledge to return 400 acres to the &ldquo;unwilling&rdquo; farmers at Singur. However, many of her promises as the railway minister remain unfulfilled.

Many big projects never got on track

Mindspace, Gujarat's first IT special economic zone (SEZ) which kick-started operations with the world's fifth largest clinical research organisation (CRO) Kendle in June last year, now houses six companies employing 800 people in all.

Two IT MNCs to set up units at Mindspace soon

At a time when the banks are mulling to hike the interest rates, the Rajkot-based Rajkot District Cooperative (RDC) Bank has decided to provide agricultural loans at reduced interest rates to the farmers.

RDC to give farm loans at 2%

Siemens has bagged an order from Indiabulls Infrastructure Company Limited worth Rs 124 crore&nbsp;to build Gas Insulated Switchgear (GIS) substation associated with Sinnar Thermal Power Project at Nasik.

Siemens bags Rs 124 cr order from Indiabulls Infra

NMC earns revenue through various taxes- octroi, Development tax, water cess, property and other taxes.

NMC's octroi income up 27.40 % in FY 2010-11

Dr. Oetker Fun Foods, a manufacturer of branded packaged food products with a focus on European cuisines unveiled its newly launched Italian pasta sauces in the city.

Dr Oetker Fun Foods unveils new range of Italian sauces

Premium diamond jewellery brands such as Gitanjali Group's D'damas, Nakshtra and Tata Group's Tanishq are all set to witness new competitors in the overseas markets as KIAH, a diamond jewellery brand owned by Surat-based Sheetal Diamonds, readies itself for a global foray. Another diamond jewellery marker Harikrishna Group, too, is gearing up to have its share the world diamond jewellery business by taking its KISNA brand globally.

KIAH readies itself for global launch

The Associated Chambers of Commerce and Industry (ASSOCHAM) expects 50 to 70 investment proposals being finalized in an investor meet to be held on Friday.

ASSOCHAM expects 70 MoUs in Conclave Odisha

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