Posco India would have to incorporate the suggestions made by the Pune-based Central Water &amp; Power Research Station (CWPRS) in the detailed project report (DPR) for the captive port proposed to be set up at Jatadhari Muhan in Jagatsighpur district.

Posco India has to comply with CWPRS report: Orissa

Business Standard

As per the announcement in the last Railway Budget, the Ministry of Railways has decided to introduce three new trains in the jurisdiction of East Coast Railway (ECoR).

Puri-Howrah Duronto express from December 7

Tata Global Beverages Ltd is eyeing 7-8 per cent growth in revenue in its tea segment in 2010-11 which is the key growth driver of the company's overall revenue.

Tata Global Beverages eyes 8 % revenue growth in tea business

Microfinance Institutions (MFIs) in Andhra Pradesh are mulling to extend the period of repayment by their borrowers by 2-3 times depending on the quantum of amount lent.

MFIs ready to reschedule repayment period

&ldquo;With new initiatives and increased user development fee (UDF), we hope to break even perhaps in this year itself. There is a fair chance,&rdquo; said P Sripathy, chief executive officer, GHIAL, but declined to give specific figures.

GHIAL hopes to break even by March

In a major e-governance initiative, the Uttar Pradesh government today signed a Memorandum of Understanding (MoU) with India&rsquo;s largest software exporter Tata Consultancy Services (TCS) for setting up of a State Data Centre (SDC) here.

TCS signs MoU for UP e-governance

Hyderabad-based Sathguru Management Consultants (SMC) on Friday launched a venture fund initiative with an initial corpus of $100 million (Rs 450 crore). The company also introduced its ERP solution &mdash; Sathguru@Retail &mdash; for the retail sector.

Sathguru sets up $100 mn VC fund

Guru Gobind Singh Refinery, Bathinda, Chief Executive Officer Prabh Dass yesterday met Punjab Deputy Chief Minister Sukhbir Singh Badal to apprise him about the progress of the prestigious project. Briefing the deputy chief minister about the project, Dass said 92 per cent of the work had already been completed in this nine million metric tonnes per annum capacity refinery, with a captive power plant of 165 Mw being set up by HPCL-Mittal Energy Ltd (HMEL).

92% work complete on HMEL power project

In order to modernise and enhance the agriculture sector, Afghanistan seeks investment from India as well as other countries, especially investment by the private sector. Afghanistan has the potential to absorb about US $4 billion in the next three years, especially in value chain, resource management, forest management, and food processing, according to Afghanistan&rsquo;s minister of agriculture, irrigation and livestock, Mohammad Asif Rahimi.

Afghanistan seeks Indian investment to modernise agri

Amidst reports of unabated killing of political workers in West Bengal, the Centre today said it was confident that peaceful elections will be held in the state in May and promised adequate security during the polls there as well as four other election-bound states.

Peaceful polls will be held in Bengal: PC

Press Trust of India

With several top Naxal leaders in their net and many others killed, the investigating agencies and the joint forces in West Bengal wrapped up the year 2010 on a note of success.

Probe agencies, joint forces taste success in 2010

The final survey for the Jaleswar-Digha rail link is being carried out by the South-Eastern Railway. The Centre has allocated Rs 20 crore for this project in the current financial year.This was stated by minister for commerce &amp; transport Sanjeev Sahoo in the state assembly.

Final survey underway for Jaleswar-Digha rail link

Aishwarya Telecom Limited (ATL), a Hyderabad-based company engaged in the manufacture of telecom and fibre optic products and cable fault locators, is betting big on the Indian defence sector. Towards this, it is contemplating setting up a new facility in Hyderabad for production of missile communication equipment, entailing an investment of Rs 45 crore.

ATL mulls Rs 45-cr plant for missile comm devices

Dealerships say that existing customers are satisfied.

Dealers hopeful of Nano sales growth in Bengal

Organised retail is poised to grow as consumption rises, while the rentals of real estate properties, which have recently touched their cyclical lows, will appreciate significantly, according to Pinaki Mishra, partner, retail, Ernst and Young.

'Organised retail to grow, rentals to increase'

&ldquo;I am well aware of the deep inroads made by Andhra Pradesh in recent years in the sunrise sectors like information technology, biotechnology, pharmaceuticals and business management to emerge as a state of immense business opportunities. Gujarat is also equally strong in these areas, attracting investors from all over the world, thanks to the investor-friendly policies, best infrastructure, proactive bureaucracy and enterprising people,&rdquo; Modi said.

Gujarat woos sunrise industries from AP

Bangalore-based healthcare equipment company Opto Circuits (India) Ltd has acquired around 76 per cent of the outstanding common shares of US-based Cardiac Science Corporation as part of its acquisition plans. Earlier, the company had agreed to acquire Cardiac Science Corporation for $64 million.

Opto Circuits buys 76% of US firm

Mini steel plants in Chhattisgarh are demanding packages, ironically, not for survival but for closure of their units that have been passing through worst-ever crises.

Chhattisgarh mini steel plants demand package to shut down

Premier statistical and economic research body Indian Statistical Institute(ISI) has entered into an agreement with London School of Economics for promoting research on economic growth.

ISI ties up with LSE

International SOS, an international healthcare, medical assistance and security services company, today announced the opening of it&rsquo;s third office in India, in Bangalore with an eye on business from IT/BPO sectors. It already has two facilities in the country, in Delhi and Mumbai.

International SOS enters B&#39;lore with IT/BPO focus

Sugarcane growers and sugar mill owners in north Karnataka differ over the issue of fixing cane price for the sugar season 2010-11. Both the mills owners and farmers have failed to arrive at a uniform price for the current price across the state.

Mills, farmers differ on cane price

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