BEML sees FY11 sales at Rs 42 crore

Heavy engineering equipment maker BEML Ltd expects sales in FY11 to be at about Rs 4200 crore and FY12 sales to be over Rs 5000 crore , Chairman and Managing Director V.R.S. Natarajan said at a media briefing on Monday.
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 8:13 am

GVK Power unit awards Rs 32 bn project contract

GVK Power said on Monday its unit awarded a Rs 3200 crore construction contract for its 800 MW gasbased power project to a consortium of South Korea\'s Hyundai Engineering and Larsen Toubro.
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 7:47 am

Cement prices to see further dip of Rs 1015/bag: Sources

Cement prices, an important indicator of the state of construction activity in the country, have declined by Rs 540 per bag monthonmonth, reports CNBCTV18, quoting sources.
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 7:01 am

HCL Tech looks for merger with HCL Infosystems

HCL Technologies is in exploratory talks for merger with HCL Infosystems, reports CNBCTV18. Sources say that HCL Tech may already have appointed two bankers to explore the merger.
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 6:57 am

Berkshire Hathaway to acquire agency licence in India

Berkshire Hathaway Inc will set up a whollyowned unit in India that will acquire a corporate agency licence from the insurance sector regulator.
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 6:36 am

International Finance Corp to invest in Dewan Housing unit

Dewan Housing Finance Corporation Ltd said on Monday that International Finance Corporation has agreed to invest up to Rs 20 crore by subscribing upto 2 million shares in Aadhar Housing Finance Pvt Ltd (AHFL).
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 6:36 am

See debt at Rs 800cr from Rs 1800cr post CDR: Maytas Infra

Maytas Infrastructure has tied up with the Saudi Bin Laden Group, a West Asian construction conglomerate, for a strategic partnership.
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 5:47 am

Aditya Birla Group may bid for Rio Tinto Alcan unit

Aditya Birla Group is evaluating the possibility of bidding for the rolled products division of Rio Tinto Alcan to boost sales in the United States and Europe, the Economic Times reported on Monday.
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 5:18 am

Riskmetrics recommends Parkway investors okay Khazanah bid

RiskMetrics, an independent advisory firm, said on Monday that Parkway Holdings investors should approve a proposal allowing a partial takeover bid by Malaysian sovereign wealth fund Khazanah.
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 5:18 am

Maruti to launch CNG variants across all categories

Ajay Seth, CFO, Maruti Suzuki, said sale in the eurozone is an area of concern for the company. However, he quickly added that it will compensate for the loss in eurozone with other markets.
Source: Moneycontrol Top Headlines | 21 Jun 2010 | 4:40 am

Bhopal: More money for victims and families, clean-up by state govt - NDTV.com


The Hindu

Bhopal: More money for victims and families, clean-up by state govt
NDTV.com
The Group of Ministers (GoM) assigned to study the different dimensions of the Bhopal tragedy, and the aftermath of a court verdict delivered earlier this month, has finalised its recommendations for the Prime Minister. Home Minister P Chidambaram is ...
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India to push US for Bhopal boss extraditionAFP
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