PTI reported that Damodar Valley Corporation expects to commission the first unit of Ragunathpur thermal power unit in Purulia district of West Bengal by March next year. Mr JK Singh chief engineer of Ragunathpur Thermal Power Station ...
Tags: Purulia Power Unit, Purulia, Power Unit
PTI reported that German luxury car maker Mercedes Benz today will hike the prices of its vehicles in India from January to offset cost escalations. Mercedes-Benz India in a statement said that “A constant increase in input costs ...
Tags: Mercedes Benz, car maker, vehicles, luxury vehicles
PTI reported that Manpower Group India has appointed Mr AG Rao former executive president of TATA Teleservices as its MD. A company said that Mr Rao,who joined the role on December 14th,replaced Mr Sanjay Pandit who is moving into a ...
Tags: Manpower Group, MD, Mr AG Rao
PTI reported that it had made mistakes in not recognizing the potential of the lower luxury car segment in India, German auto major Mercedes Benz said it aims to recapture the number one position by 2015-16 by bringing in new suitable ...
Tags: Mercedes Benz, luxury car, car, smaller car
PTI reported that Mahindra and Mahindra will commence production of tractors next month at its new facility at Zaheerabad in Medak district of Andhra Pradesh. Currently, M&M has its automobile plant spread over 343.36 acres of land at ...
Tags: Transportation, tractors, automobile plant
PTI reported that the government recently notified 10 mega industrial zones in different states, a move aimed at boosting the country's manufacturing sector. Mr Anand Sharma Commerce and Industry Ministry at a CII function said that "We ...
Marks & Spencer, one of the UK’s leading retailers offering high-quality, great value clothing, will quicken up its India expansion plan, according to a company official. M&S, as it is popularly known, currently has 25 stores in ...
Tags: Marks&Spencer, clothing, stores
PTI cited ruling out any possibility of manufacturing Jaguar and Land Rover in India in the near future, Mr Ratan Tata CEO of TATA group as saying that some silly taxes make even their assembly here costlier than the imports. TATAs are ...
Tags: Jaguar, Land Rover, taxes, assembly, cars, automobile
PTI reported that the Indian steel ministry said that it has initiated the process to constitute a committee for the selection of the chairman for iron ore miner NMDC. Indian steel minister Mr Beni Prasad Verma said in the Lok Sabha ...
Tags: steel, Construction, iron ore miner
PTI quoted General Motors India saying that its engine facility at Talegaon manufacturing plant in Pune has rolled out the 1,00,000th engine in a short span of around 2 years. A company source said that within a span of slightly more ...
Tags: General Motors, engine facility, Engine
PTI reported that TATA Power expects to complete modernization work of one of the 500 MW units at its long running Trombay thermal plant that would allow use of coal as a fuel for electricity generation, by early 2015. However, this 500 ...
Tags: TATA Power, thermal plant, coal, fuel, electricity generation
PTI quoted the Comptroller and Auditor General of India as saying that the state lost INR 159.96 crore because of lacunae in resources and revenue sharing arrangement of port projects in PPP mode. The CAG in its report on general and ...
Tags: Odisha, Port Projects, CAG
PTI reported that REpower Systems SE has concluded a contract with WPD Europe GmbH,a subsidiary of project developer WPD AG,for the delivery of 51 wind turbines. The company in a statement said that as part of this,a service and ...
Tags: REpower Systems SE, WPD Europe GmbH, wind turbines, Green Energy Act
PTI reported that Essar Shipping is planning to convert around INR 800 crore of total INR 5,500 crore debt into dollar loans to bring down the interest burden. Mr AR Ramakrishnan MD of Essar Shipping said that "We are planning to convert ...
Tags: interest burden, financing cost, domestic and foreign banks
As per a report in PTI, Indian plan to produce CRGO steel indigenously to meet demand from the power sector is set to take off soon on a public private partnership with TATA Steel. India's plan to produce CRGO steel indigenously to meet ...
Tags: steel, demand from the power sector, public private partnership