Wärtsilä, the marine industry's leading solutions and services provider, has signed new licence agreements with seven of its long-term Chinese partners. CSSC (China State Shipbuilding Corporation) has been a Wärtsilä ...
Tags: Wärtsilä, marine industry, engine, shipment
Suzlon Energy,world's fifth largest wind turbine supplier,announced that Mr Tulsi Tanti CMD of Suzlon Energy on behalf of the promoter group sold 2.11%stake for a total consideration of INR 630 million to raise funds for Corporate Debt ...
Tags: Suzlon Energy, Tulsi Tanti, CDR, wind turbine supplier
Business Line reported that NMDC Ltd is banking on Perth based Legacy Iron Ore to acquire more coal mines in different parts of the world. The public sector miner bought 50%stake in Legacy Iron Ore that is exploring and developing mineral ...
Tags: NMDC Ltd, Iron Ore, exploring and developing mineral project
Business Standard reported that Power Grid Corporation of India Ltd has formed a jJV with Odisha Power Transmission Company Ltd to develop transmission lines in the state. The two power transmission utilities will have equal share in the ...
Tags: Business Standard, PGCIL, OPTCL, Odisha
PTI reported that GAIL India Ltd will this week import a shipload of natural gas in its liquid form, called liquefied natural gas, for commissioning of the beleaguered Dabhol facility in Maharashtra. Mr BC Tripathi CMD of GAIL said ...
Tags: GAIL India Ltd, natural gas, liquefied natural gas, energy
Business Line reported that BGR Energy is set to start work on the INR 1,548 crore contracts to supply two 800 MW Steam Turbine Generators for NTPC's Lara Super Thermal Power Project in Chattisgarh. Mr BG Raghupathy CMD of BGR Energy said ...
A MoU was signed between Rashtriya Ispat Nigam Limited and the Indian Railways in the presence of steel minister Mr Beni Prasad Verma and minister for railways Mr Pawan Kumar Bansal in New Delhi The MoU was signed by Mr Keshav Chandra ...
Tags: MoU, Indian Railways, railway infrastructure, steel
Business Line cited the Steel Ministry saying that NMDC would review its pricing mechanism. This is the fallout of the CAG report tabled on December 20th Thursday, the public sector iron ore miner has incurred losses of more than INR 1,500 ...
Tags: NMDC, pricing mechanism, CAG, iron ore miner
Business Line reported that the Renault Duster and the KTM Duke 200 have been selected as the Indian Car of the Year 2013 and the Indian Motorcycle of the Year 2013, respectively. Mr Raghupati Singhania CMD of JK Tyre and Industries, gave ...
Tags: Renault Duster, KTM Duke, Indian Car, Indian Motorcycle
Foulath has appointed Mr Khalid Al Qadeeri as chairman of Foulath Board effective from 1st January 2013. The Arab Iron and Steel Union Congratulate Mr Al Qadeeri and wish him all success in his new duties. Following is the professional ...
Business Standard reported that GAIL is not in favour of letting go its first right to buy the Asian Development Bank's 5.2% stake in Petronet LNG Ltd. Mr BC Tripathi CMD of CMD of GAIL on the sidelines of a Ficci seminar on energy ...
Tags: Asian Development Bank, Oil, Natural Gas, petroleum
Business Line reported that National Aluminium Co Ltd has terminated the services of its CMD, Mr Abhay Kumar Srivastava, who was under suspension. This paves the way for the appointment of a new CMD for the company. The Union Ministry of ...
Tags: Aluminium, Mines, terminated the services, CMD
Business Line reported that Andhra Pradesh chief minister Mr N Kiran Kumar Reddy gave an assurance to the Mr AP Chowdhary CMD of the Rashtriya Ispat Nigam Ltd that the state government is favorably inclined to the petition of the company ...
Tags: power supply, RINL, iron ore mines
Business Line reported that stressed cash flow has forced Shipping Corporation of India to go slow on its vessel acquisition plan. Mr S Hajara CMD of SCI said that SCI was not aggressively perusing its proposed new acquisitions. The asset ...
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