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Company News
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PTI Secured New Orders Worth Over INR 955 Crore
Jan 6, 2013PTI quoted Kalpataru Power Transmission Ltd saying that it has secured new orders worth over INR 955 crore,including overseas projects. Kalpataru Power said that the company,which is into the engineering,procurement and construction ...
Tags: Kalpataru Power Bags, Inr 955 Crore, PTI
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The Government Rejected a Proposal by Autos to Software Conglomerate Mahindra&Mahindra Ltd
Jan 6, 2013Economic Times reported that the government has rejected a proposal by autos to software conglomerate Mahindra&Mahindra Ltd to set up a JV with Israel's Rafael Advanced Defense Systems Ltd. According to media reports,the companies were to ...
Tags: M and M Proposal for Inr 100 Crore Defense Jv with Rafa
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a Group of Investors Plans to Bring 450 Jobs to Two New Industrial Plants
Jan 6, 2013Associated Press reported that last December,a group of investors backed by Alcoa Inc scrapped plans to bring 450 jobs to two new industrial plants at the former Alcoa aluminum smelting plant in North Carolina where once about 1,000 worked. ...
Tags: Alcoa Jobs for License Offer, scrapped plans to bring 450 jobs
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China's Largest Rare-Earth Producer Would Suspend Output at Some Plants for Another Month
Jan 6, 2013China's largest rare-earth producer said Tuesday it would suspend output at some plants for another month,extending a halt started in late October to try and stem falling prices. Baotou Steel Rare-Earth will halt firing,smelting and ...
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New Pacific Metals Corp Signed a Binding Letter of Agreement with Silvercorp Metals Inc
Jan 6, 2013New Pacific Metals Corp announced that it has signed a binding letter of agreement with Silvercorp Metals Inc to acquire majority interest in its wholly owned subsidiary,Fortress Mining Inc.Pursuant to the terms of the Agreement,the Company ...
Tags: New Pacific, Acquire Stake in Rzy Silver Lead Zinc Project
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Consortium Have Emerged as The Lowest Bidder in Its Bid
Jan 6, 2013Ashoka Buildcon climbed on December 26th Wednesday after the company and GVR infra Projects,as consortium have emerged as the lowest bidder in its bid for the Tamil Nadu Road Development Company project. The project entails development of ...
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Long Products Prices Started The Week with Some Declines
Jan 6, 2013Long products prices started the week with some declines but improved a little,by middle of the week.Average debar price dropped from IRR 17,513,000 per tonne to IRR 17,250,000 per tonne including 5%VAT. I-beam average price decreased ...
Tags: Iran Steel Market Trend, in week 51, Long products prices declines
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The Cairn Hill Mining Operation Has Completed Loading of Its 3 Millionth Tonne of Ore
Jan 6, 2013IMX Resources Limited in Australia announced that the Cairn Hill Mining Operation has completed loading of its 3 millionth tonne of ore.The loading took place in Port Adelaide,South Australia and the operation started loading in the ...
Tags: IMX Resources, Achieves 3 Million Tonnes Iron Ore Shipments
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Iran Plans to Extract Some 400 Million Tonne of Minerals by The End of March 20,2013
Jan 6, 2013MNA reported that Iran plans to extract some 400 million tonne of minerals by the end of the current Iranian calendar year(March 20,2013), IRNA quoted deputy industry minister Mr Vajihollah Jafari as saying that the figure will be around ...
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Kerala and Gail Settle Are All Set to Resume with The State Run Gas Utility
Jan 6, 2013PTI reported that Natural gas pipe laying work of GAIL Ltd,hindered due to resistance from local people demanding more compensation for the land through which the pipe was passing,is all set to resume with the state run gas utility agreeing ...
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Mahindra First Choice Is to Have Some 500 Outlets in The Country by The End of 2015
Jan 6, 2013Business Line reported that Mahindra First Choice,the retailer of used cars,is to have some 500 outlets in the country by the end of 2015.The company is also planning to establish 10 outlets in J&K over the next 18 months.Mahindra First ...
Tags: M and M First Choice, More Outlets, J and K
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US Regulators Plans to Launch a Copper Exchange Traded Fund
Jan 6, 2013Reuters reported that US regulators have delayed by two months a ruling on BlackRock Inc's plan to launch a copper exchange traded fund backed by physical metal,a week after giving the go ahead to a similar product proposed by JPMorgan ...
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The New Range Rover Is The World's First SUV to Have an Aluminium Monocoque
Jan 6, 2013The Week reported that lighter,stronger and with new levels of refinement,the fourth generation Range Rover reinforced its position as the world's most well honed luxury SUV at the automotive division of Mohsin Haider Darwish's unveiling ...
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Google, Apple Show off Tech in Holiday Ads
Jan 6, 2013PC World-Technology giants Google and Apple shared some holiday cheer and a little self-promotion online in the form of ads recently posted on YouTube. GoogleMobile's ad--a cheesy production that has garnered more than 125,000 ...
Tags: Google, Apple, Holiday Ads
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Samsung Plans to Launch Its First Cell Phones This Year Based on Tizen
Jan 6, 2013IDG News Service-Samsung plans to launch its first cell phones this year based on Tizen,a Linux-based operating system that will principally rival Google's Android OS. Tizen is being developed by Samsung and Intel in part to reduce their ...
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