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Friday 11th Nov 2011    1251
PFC approves 1-bn dollar PE fund
 
Ahmedabad : Power sector lender Power Finance Corporation (PFC) on Wednesday said it had approved a proposal to launch a 1-billion dollar private equity fund, and that this may be put....
 
 
Friday 11th Nov 2011    1355
REC to raise Rs 12,000 cr by year-end
 
Mumbai : After mopping Rs 3,800 crore by selling domestic rupee bonds last week, Rural Electrification Corporation (REC) now plans to raise Rs 12,000 crore through similar instruments. The non-banking financial....
 
 
Thursday 10th Nov 2011    1252
India’s Environment Ministry gives clearance to halted hillside construction project
 
New Delhi : India’s Environment Ministry gave its conditional approval on Wednesday for a massive hillside housing project which it had halted a year earlier for violating altitude restrictions and failing to....
 
 
Thursday 10th Nov 2011    1251
EMC wins Rs 776-cr deal from PowerGrid Corp
 
New Delhi : Power system solutions provider EMC Ltd today said it has bagged a Rs 776 crore contract from central transmission utility PowerGrid Corp for setting up a transmission link at....
 
 
Thursday 10th Nov 2011    1246
JSW Energy posts loss, plans to refinance Rs 2,000 cr of debt
 
Mumbai : JSW Energy is looking to refinance Rs 2,000 crore of debt by the end of this financial year.

Its chief financial officer, Pramod Menon, said, “There is only one more....

 
 
Thursday 10th Nov 2011    1268
Tata nod crucial to Maruti-Fiat diesel engine agreement
 
Mumbai : Maruti Suzuki India Ltd’s (MSIL’s) plan to buy diesel engines from Fiat needs to be approved by Tata Motors, which owns half of the equity in Fiat India.

MSIL, India’s....

 
 
Thursday 10th Nov 2011    1251
IOC slips to net loss of Rs 7,486 cr in Q2
 
Mumbai : The nation's largest oil firm Indian Oil Corp today reported a net loss of Rs 7,485.55 crore for the quarter ended September 30 due to mounting losses on fuel....
 
 
Wednesday 9th Nov 2011    1254
Mauritius PE firm to develop five township projects
 
Chennai : Fire Capital Fund Mauritius Pvt Ltd, a private equity fund focusing on the Indian housing market, is planning to develop five township projects in various parts of the country....
 
 
Wednesday 9th Nov 2011    1260
Virgo Eng sets up valve making plant in Chennai
 
Chennai : Pune-based valve manufacturing firm Virgo Engineers Group has set up its new manufacturing facility near Chennai with an investment of around Rs 30 crore. The company is planning to....
 
 
Wednesday 9th Nov 2011    1259
J Kumar Infra bags Rs 600 cr project
 
Mumbai : J Kumar Infraprojects today said the company has received orders worth Rs 600 crore for the widening of Sion-Panvel special highway project in Maharashtra.

The project is under build, operate....

 
 
 
 
 
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