Market Bureau

Bharti Airtel to unveil BWA services based on 4G

Bharti Airtel [stockquote]BHARTIARTL[/stockquote] is set to launch broadband wireless access (BWA) services based on 4G technology in a day or two. BWA service using 4G is revolutionary offering which provide download speeds of around 100 Mega...

HDFC ERGO launches health claim services

HDFC ERGO General Insurance (A Joint Venture between HDFC of India and ERGO International AG, the primary insurance entity of , has launched Health Claim Services for its customers. It will be a single window for...

Infinity Group to invest Rs 10 Bn cr in Assam

Kolkata-based real estate major Infinity Group is looking at investing Rs 1,000 cr in Assam within next 3-4 years. Company will expand in the office and residential complex markets. According company 2nd tier city such...

MB Switchgear to get solar REC registration

M&B Switchgear has become India’s first solar developer to get itself registered by National Load Despatch Centre (NLDC) for solar Renewable Energy Certificates (REC). Company plans to raise its solar capacity to 6 MW and...

Tribunal rejects BEST plea against Tata Power

The Tribunal for Electricity has rejected BEST plea against Tata Power [stockquote]TATAPOWER[/stockquote],  which seeks to allow the private player to supply power in south Mumbai, and to develop its distribution system. Appellate Tribunal upheld the...

EIL in pact with Oil India to provide consultancy services

Engineers India [stockquote]ENGINERSIN[/stockquote] has entered in to agreement with Oil India [stockquote]OIL[/stockquote] to provide consultancy services for its projects. The projects involve construction of surface facilities in oil and gas fields, including pipeline projects, across the...

DRDO to invest Rs 10 Bn cr in 4-5 new facilities

The Defence Research and Development Organisation (DRDO) will invest over Rs 10 bn cr over a period of 2-3 years, to create 4-5 new facilities. Major thrust area would be testing and quality of products....

Jewellers to suspend strike till 11th May

Bullion traders have decided to suspend their agitation till May 11 after FM has assured them of considering their demand on the Finance Bill. Jewellers all over the country have been on strike since March...

HCC secures Rs. 162 cr rail tunnel order

Hindustan Construction Company (HCC) [stockquote]HCC [/stockquote] has secured a Rs 162-crore order awarded by , to develop a railway tunnel at Imphal, Manipur. HCC as lead partner with 60 per cent share in joint venture will...

Premium small car ‘MINI’ now in India

BMW’s Premium small car ‘Mini’ is now available in India as a Completely Built-up Unit (CBU) in MINI Hatch, MINI Convertible and MINI Countryman range in powerful and efficient petrol variants with six-speed automatic transmission....

NMDC may hike iron ore prices by Rs 300-350/tn

Taking cues from international price hike of iron ore to $150 per tonne from $130 per tonne provides NMDC the necessary reason to effect a hike. NMDC may announce a Rs 300-350 per tn hike...

SBI to cut lending rates for SME

State Bank of India (SBI) will cut lending rates on loans given to small and medium enterprises (SME) this month. According to SBI Chairman Pratip Chaudhuri “We are on the verge of reducing rates for...