Rashtriya Ispat Nigam (RINL)is planning to form a joint venture with the Karnataka government to set up a 3 mt steel plant in the state at an investment of around Rs 15,000 crore.
FlashNews:
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Orissa SLSWCA clears projects worth Rs 1,200 cr
The Orissa State Level Single Window Clearance Authority (SLSWCA) cleared four new investment proposals worth Rs 1,215 crore.
McNally gets Rs 116 cr order
McNally Bharat Engineering Company has bagged a Rs 115.56 crore order from Neyveli Lignite Corporation for construction related works.
Vibrant Gujarat 2011: Larger and cleverer
The highlight of the much-publicised event this year was as much the volumes pledged, as the state's efforts to set a platform for national and international investments.
BEML makes dredging equip
BEML will sign an agreement with a European firm to foray into dredging equipment manufacture.
Indian equipment for UMPPs
A committee headed by Planning Commission member Arun Maira, studying the proposal to make it mandatory for bidders of future ultra mega power projects (UMPPs) to buy only Indian equipment is likely to submit its report soon.
POSCO project gets environ nod with tough conditions
The proposal of POSCO’s steel plant project in Orissa has finally received nod from Environment Minister Jairam Ramesh.
ZWZ to set up ops in India
ZWZ Bearings, a leading player in the bearing industry, plans to set up its operations in India.