|
 |
| Today's News |
|
March 10, 2010
|
 |
Indian cos in hiring mode, may add 1 million jobs in FY11
New Delhi: Indian companies are the most optimistic on hiring plans for April-June 2010, with the organised sector expected to create close to a million new jobs in FY11, driven by a revival in economic growth and strong job opportunities, according to two global employment trend surveys. |
|
Govt likely to infuse Rs 9,500 crore in banks in Q1: Banking secy
New Delhi: The government will provide Rs 9,500 crore (US$ 2.1 billion) for the recapitalisation of public sector banks in the first quarter of 2010-11, while about Rs 7,000 crore (US$ 1.54 billion) will be infused during the rest of the fiscal year. |
|
Aditya Birla Minacs buys UK-based BPO
Mumbai: Aditya Birla Minacs, the information technology business solutions firm, has announced the acquisition of UK-based Compass BPO, a finance and accounting (F&A) services provider. The company will take over all operations of Compass BPO across the UK, US, West Asia and India. |
|
Singareni to invest Rs 5,600 cr in four years
New Delhi: Singareni Collieries Company Ltd (SCCL), India's second-largest coal producer, plans to foray into commercial power generation and invest Rs 5,600 crore (US$ 1.23 billion) over the next four years to set up a 1,200-mega watt (MW) thermal power plant in Andhra Pradesh. |
|
CCCL Infra looking at PE for Rs 2,000 cr investment
Chennai: CCCL Infrastructure Ltd, part of the Chennai-based Consolidated Construction Consortium Ltd, plans to raise money through private equity for its proposed investments to the tune of around Rs 1,500 crore (US$ 330.2 million) - 2,000 crore (US$ 440.3 million). The company plans to foray into power generation and logistics business. |
|
NMDC expects 50 mt production by 2014
New Delhi: NMDC Ltd, the country's largest iron ore producer, is expected to increase its production to 50 million tonnes (MT) by 2013-2014 from the present 30 MT. The company plans to invest Rs 15,600 crore (US$ 3.44 billion) in the next five years for setting up a steel plant in Chhattisgarh and Rs 1,400 crore (US$ 308.3 million) on pallet plant projects, according to NMDC Chairman, Rana Som. |
|
GE Healthcare ups India focus with CT facility
Bengaluru: GE Healthcare, the US$ 17-billion division of General Electric Company, has announced the expansion of its Bangalore manufacturing operations to enable more customised products for local use and has also rolled out its first computer tomography (CT) system manufactured in India. |
| |
|
|
|