Chennai Metro Rail Ltd has awarded a contract for power supply and overhead equipment (OHE) to Siemens AG, Germany, and its Indian arm Seimens Ltd India Consortium at a cost of Rs 305 crore.

Siemens ups presence in Metro rail projects

Business Standard

Chief minister Arjun Munda has finally removed state chief secretary Ashok Kumar Singh for his alleged involvement in a corruption case that was filed on August 20, 2002, by Bihar vigilance bureau. He has been replaced by development commissioner Sushil Kumar Chaudhary.

Arjun Munda removes state chief secretary

Chhattisgarh government has invited Expression of Interest (EOI) for running hotels and motels, managed by the state tourism board.

Chhattisgarh govt invites EoI for managing its hotels

The Indian direct selling industry is set to touch Rs 7120 crore by 2012-13. By the end of 209-10, the size of the industry was Rs 4120 crore, growing at a rate of 24 per cent over the previous fiscal. The industry is poised to grow at the rate of 20 per cent per annum till 2012-13, according to a study by Ernst &amp; Young.

Direct selling industry projected at Rs 7,120 cr by 2012-13

ARSS Infrastructure Projects Ltd, a city-based infrastructure firm, on Wednesday, entered into a concession agreement with the Orissa State Road Transport Corporation (OSRTC) for developing a modern, state-of-the-art bus terminal and commercial complex over 14.43 acres at the Baramunda locality in the city.

ARSS to develop modern bus terminal in 2 yrs

French car-maker Peugeot Citroen chairman Philippe Varin, along with a contingent of his top officials visited, Andhra Pradesh and Tamil Nadu to meet the heads of both the state governments besides checking out the site for its proposed car manufacturing plant in India.

Peugeot chief visits sites in AP, Tamil Nadu

KPCL&rsquo;s project management was ineffective as instances of time overrun were noticed. New hydro projects proposed to be taken up by the company were either awaiting clearance from ministry of environment and forests (MoEF) or held up due to local agitation. Renewable energy sources in the state also remained underutilised, the report said.

K'taka unlikely to provide 'power for all' by 2012

Even as the Gujarat Mineral Development Corporation Ltd (GMDC) has intensified its efforts to transport coal from the Naini coal block in Orissa to end-use power plants of Adani Enterprise Ltd and Torrent Power Ltd in Gujarat, the Orissa government is yet to take any decision on the matter.

Orissa still indecisive on coal transport by GMDC

The Left Front today tried to strike a cautious balance between industrialisation and agriculture in its manifesto for the Assembly elections in West Bengal while admitting lapses on the part of some leaders and cadres. &quot;The need for agriculture will remain forever, but industry is the call of tomorrow,&quot; Front chairman Biman Bose told newspersons here while releasing its manifesto at the CPI-M headquarters here.

Lessons learnt from lapses: Left Front

Press Trust of India

Powerwave Technologies R&amp;D India, a unit of California-based electronics products company of the same name, plans to recruit 100 engineers for its Indian operations by the end of 2011, to add to its existing headcount of 250.
The Hyderabad facility, which opened in June 2008, focuses on design of wireless telecom products, and recently won the 'Best Startup Indian Company' award for the year 2009 -10 awarded by ITSAP (IT and ITeS Industry Association of Andhra Pradesh) at the Advantage AP

Powerwave to add 100 staff at its Hyd R&D lab

State Bank of India plans to open financial inclusion centres (FIC) in all the 23 districts of the state and appoint business correspondents and business facilitators in every village, said its Hyderabad circle chief general manager, Rakesh Sharma.

SBI opens FI centre at Tadepalli branch

Unlike last two years, Orissa may not power problems during the summer months this years, thanks to better water reservoir management.

Orissa may not face power problem this summer

For the purposes of issuing visas Orissa has been placed under the Hyderabad US consulate. The territory was earlier under the Kolkata consulate of US Embassy. The rearrangement is expected to save time for the visa applicants intending to visit the US.

US visa applicants from state to get visas faster

Real estate has emerged as the most preferred investment avenue for working professionals in non-metro centres vis-&agrave;-vis bullion and stock market.

Real estate top investment avenue in non-metros

Even as speculation is rife on the setting up of a nuclear power plant in Orissa, the state government has categorically stated that there is no such proposal for the state.

No proposal for nuke power plant in Orissa

The Planning Commission has approved the project of making four-lane roads on the Kharak-Bhiwani-Dadri-Mahendergarh-Narnaul-Nangal Choudhary Kotputli route for grant of 20 per cent Viability Gap Funding (VGF). Having a length of 151 km, it will be laid on &lsquo;build, operate and transfer&rsquo; (BOT) basis at a construction cost of Rs 1,367 crore.

GOI sanctions viability gap funding for Haryana road project

If prices of 3G services are something of a cause of worry for consumers, here's a reason for them to heave a sigh of relief.

Mobile handset makers to ride on low-cost 3G phone wave

Private GSM cellular operator Vodafone Essar today launched its Third Generation (3G) service in Uttar Pradesh (East) circle, which is one of the largest telecom circles in the country with around 60 million subscribers.

Vodafone launches 3G service in Uttar Pradesh

Under pressure from the BJP, Finance Minister Pranab Mukherjee may give a suo moto statement over the Income Tax probe on the MoUs of the Vibrant Gujarat show.

BJP steps up pressure on Centre over Vibrant MoUs probe

The Punjab Agri Export Corporation Ltd (PAGREXO) has entrusted Blue Star Ltd for setting up five pack houses across the state for grading and packaging agricultural and horticultural products with a project cost of about Rs 5 crore. The corporation would soon sign a memorandum of understanding (MoU) with the company. The project is likely to be completed in six to eight months.

Blue Star to set up pack houses in Punjab

More than a political obligation, extending financial services to the vast unbanked population could be a large opportunity for the sector.

Banking on financial inclusion

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