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Era Infra bags Rs 329 crore contract; stock surges

    Source: The Economic Times | January 14, 2015
Shares of Era Infra Engineering surged in trade on bagging a contract of Rs 329 crore in Chattisgarh. "The company has been awarded the "Rehabilitation and Upgradation of NH-216 from km 3.800 to Km 90.460 (Raigarh to Sarapalli Section) in the state of Chattisgarh

Falcons stadium architect acquired by HOK

    Source: | January 14, 2015
The designer of the new Atlanta Falcons stadium, 360 Architecture, has been acquired by another firm.Global architecture firm HOK announced Tuesday that it has completed the acquisition of Kansas City-based 360 Architecture, which has gotten much attention for its desi

Reliance Jio's Sandip Das to become consultant for sales and distribution channels of 4G devices

    Source: The Economic Times | January 14, 2015
Ahead of the launch of 4G services by Mukesh Ambani owned Reliance Jio Infocomm, the telecom firm's managing director Sandip Das will become a consultant for sales and distribution channels of 4G devices and branding at Reliance Digital outlets. Das will mentor a newly carved division under Rel

India to allow auctions for iron ore, bauxite supply-source

    Source: Reuters | January 06, 2015
India passed an executive order on Monday to allow the auction of minerals such as iron and bauxite, a government official said, as it does for coal, to help arrest a fall in output and cut imports.India used to hand over mining licences to firms without any competitiv

Saying goodbye to steel production in China

    Source: The Japan Times | January 06, 2015
These are not the best of times to be one of China’s massive, state-owned steel mills. The domestic economy is slowing, competition is increasing, and there’s widespread disgust and impatience with the smog pouring out of their stacks.In short, their lucrative busi

Alphageo awarded Contract from Dart Energy (AS) Pte Ltd

    Source: The Hindu Business Line | January 06, 2015
Alphageo awarded Contract from Dart Energy (AS) Pte Ltd

Congress, Shiv Sena oppose BJP in LED street light project

    Source: DNA India | January 06, 2015
Two days ago, BJP MLA Ashish Shelar had announced that energy-efficient LED street lights will replace conventional ones in the city within the next eight months.Shelar's announcement, however, did not go down well with the Congress and the Shiv Sena. On Monday, there

Govt approves Neutrino Project

    Source: The Hindu | January 06, 2015
Union cabinet headed by Prime Minister Narendra Modi has approved setting up of India-based Neutrino Observatory (INO) in Bodi West Hills, Tamil Nadu.The INO Project Director, and Senior Professor at Tata Institute of Fundamental Research, Mumbai, Naba Mondal, in an em

CMI bags order from Bharat Petroleum Corporation

    Source: The Hindu Business Line | January 06, 2015
CMI Ltd has received order worth ₹12.3 crore from Bharat Petroleum Corporation Ltd for its Kochi Refinery for supply of signal cable vide. Recently, the company had announced winning orders worth ₹12.13 crore from Northern Railways.

Banks fret over Rs 40,000 crore loan to Bhushan Steel

    Source: DNA India | January 05, 2015
Lenders to the troubled Bhushan Steel called an emergency meeting in Mumbai on Wednesday to step up pressure on the company to bring in promoter's equity of Rs 1,000 crore, so that the restructuring process can go on stream and prevent the account from turning a bad loan.

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