Around 12 global companies, including Bombardier, Siemens and three Chinese companies, have shown interest in building coaches for the Hyderabad metro rail project, said NVS Reddy, managing director, Hyderabad Metro Rail.

12 firms evince interest in building coaches for Hyd metro

Business Standard

The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has cancelled allotment of 1,750 acres of land to real estate company Unitech for not fulfilling the provisions of the memorandum of understanding it had entered into.

APIIC cancels land allotted to Unitech

A near normal monsoon forecast across the country this year seems to be auguring well for the fertiliser manufacturing companies. This could be gauged from the fact that the share prices of the fertiliser making companies listed on the Indian bourses have seen a noticeable surge this month.

Fertiliser stocks up on near normal monsoon forecast

Recently opened VLCC centres in Colombo and Bangladesh Wellness and beauty giant VLCC Healthcare Ltd will be expanding its Gujarat operations by adding three more centres to its existing tally of five centres in Gujarat by the end of this year.

VLCC to open 3 more centres in Gujarat

As inflationary concerns threaten to impact sales volume of real estate players, the Bangalore-based publicly held Sobha Developers is hopeful of maintaining its growth curve in the current financial year. The firm is also planning to enter into commercial space in the near future in its bid to be an integrated player.

Q&A: J C Sharma, MD, Sobha Developers

To overcome sudden surge of demand for passports in Karnataka in the last few months, Regional Passport Office, Bangalore, is looking at bringing down the &lsquo;appointment availability time&rsquo; to one-day by June, a top RPO official said today.

RPO to bring down appointment availability time to one day

Press Trust of India

In a reprieve for Chief Minister B S Yeddyurappa, the Supreme Court today refused to quash a Karnataka High Court order which had stayed criminal proceedings against him and his family members in a corruption case.

SC refuses to lift stay on proceedings against CM

Backing Kerala&rsquo;s demand for a nationwide ban on endosulfan, Chief Minister B S Yeddyurappa today sought Prime Minister Manmohan Singh&rsquo;s intervention so that an early decision is arrived at on the matter.

Centre urged to ban Endosulfan

HomeStop, the home concept store from domestic retail major Shoppers Stop, is eyeing the growing furnishing and interiors segment in Tier-II and III towns apart from metros.

Shoppers Stop eyes home furnishing in small towns

The Net worth of Marto, a Spanish company is understood to be close to Rs 150 crore, said Sudhir Windlass, president of Windlass Steelcrafts today.

Net worth of Marto is Rs 150 cr, says Windlass

LT Foods Limited, formerly known as LT Overseas, the leading processor and exporter of packaged basmati rice has forayed into scientific storage of wheat and has set up its maiden venture in Punjab. The company with an investment of Rs 36 crore has developed 50,000 tonne capacity silos in Amritsar for bulk storage of wheat.

LT Foods forays into silo storage

Refuting the contention of the ruling Biju Janata Dal (BJD) in Orissa that the Union ministry of environment and forests (MoEF) is adopting different yardsticks for clearing Polavaram and Posco projects, the Union environment minister Jairam Ramesh today said that the matter relating to the Posco project is now under the purview of the state government.

Ball is in state govt's court, says Ramesh

Faced with acute drinking water shortage, the Uttarakhand government has decided to provide drinking water in several other hilly towns through river bank filtration (RBF) scheme which has ignited hopes to end the perennial problem in the hill state.

RBF project to come up in more hilly towns of Uttarakhand

Industry body PHD Chamber of Commerce and Industry (PHDCCI) today demanded setting up of food parks in Uttar Pradesh for adding to farm income and value to agricultural produce.

Industry espouses establishment of food parks in UP

Property prices in the state, especially in capital Bhubaneswar, may witness a correction within a year because of rapid building construction which is expected to surpass the demand.

Property prices may correct within a year, says CREDAI

The navratna company is yet to complete the exploration of the coal blocks and is eyeing an output of 15 million tonnes a year from its Mozambique unit, once it starts operation, N C Jha, acting chairman of CIL told Business Standard.

CIL to start production from Mozambique unit in 2014

After the recent hike in coal prices, RPG Group&rsquo;s flagship company CESC Ltd has hinted at an increase in power tariff for its customers soon.

CESC hints at hiking tariffs after increase in coal prices

Polaris Software Lab Ltd is planning to increase wage for its Indian associates by 12-13 per cent and by 2-3 per cent for associates outside India during the current fiscal.

Polaris to hike salaries by 12 pc

RPG Group flagship CESC Ltd has said that the stake sale plans for its two subsidiaries &mdash; Haldia Energy Ltd and Spencer&rsquo;s &mdash; to part finance its expansion plans are on track and will finalise on its private equity (PE) deals shortly.

Haldia Energy and Spencer's stake sale on track

The Cabinet secretary has given his approval for the fifth Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) in the country which will come in Tamil Nadu. The region is expected to attract investment to the tune of Rs 92,000 crore.

Cuddalore PCPIR proposal goes before CCEA

Bangalore-based battery manufacturing firm Base Batteries is in the process of setting up a manufacturing facility at Hosur in Tamil Nadu, with an investment of Rs 432 crore. The new facility, in 180 acre land would have a capacity of 325,000 batteries per month.

Base Batteries plant soon at Hosur

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