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Tata Power seeks higher rate for Mundra unit

Thursday 25th Aug 2011 1255

Mumbai : Mumbai August 25, 2011, 0:15 IST:Tata Power chairman Ratan Tata on Wednesday said they were seeking a higher rate for supply from its under-construction 4,000 Mw ultra mega power....

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Construction firms misusing tax benefits: CAG

Thursday 25th Aug 2011 1240

New Delhi : Auditor wants CBDT to create accurate database to plug revenue leakage.

The Comptroller and Auditor General has found civil construction companies misusing various tax exemptions, and has suggested the preparation....

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Nano gets a big lift within Tata Group firms

Thursday 25th Aug 2011 1244

Mumbai : Tata Motors:Tata Motors, India’s biggest automobile company, is launching limited-period promotional offers for its small car Nano, including sizeable discounts on the car to the employees of various companies....

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Cement makers profit may fall to 10-year low: Crisil

Wednesday 24th Aug 2011 1245

New Delhi : Cement makers profit may fall to 10-year low: Crisil Huge demand-supply mismatch might bring down cement manufacturers' profitability to the decade's lowest levels by 2012-13, Crisil Research said today.

The magnitude....

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Cement: Sell now, buy later

Thursday 25th Aug 2011 1251

Mumbai : Ambuja Cements Ltd,ACC Ltd:Static prices and cost push may halve the industry’s margin to 10% in 2012-13. The pressures on the cement industry — be it rising raw material costs....

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TD Power IPO to hit mkt tomorrow

Wednesday 24th Aug 2011 1251

New Delhi : New Delhi August 23, 2011AC generator maker TD Power Systems plans to enter the capital market tomorrow to raise around Rs 227 crore for expansion and debt repayment.

The issue,....

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Vopak’s operating profits down on 2010

Wednesday 24th Aug 2011 1253

Mumbai : Vopak has reported an operating profit of €217.9 million for the first half of this year, down more than €5 million on the same time last year.

However, the storage....

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Power projects can avail of duty exemption before mega tag

Wednesday 24th Aug 2011 1242

Mumbai : Big power project developers won’t have to wait for a formal ‘mega’ tag for availing the duty exemption they are entitled to on imports of power equipment.

To accelerate construction....

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CEC favours iron ore transportation from Karnataka

Wednesday 24th Aug 2011 1254

Karnataka : The Supreme Court (SC)-appointed Central Empowered Committee (CEC) has recommended transportation of about 25 million tonnes (mt) of iron ore already mined and at various mines in Karnataka. The....

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L&T bags orders worth Rs 1340 cr;stock flat

Wednesday 24th Aug 2011 1243

Mumbai : Larsen & Toubro has secured new orders worth Rs 1,340 crore for the construction of commercial and residential buildings including add-on orders from ongoing projects.

These orders further enhance the....

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