Siemens has bagged a contract worth Rs 411 crore from Power Grid Corporation (PGCIL) for setting up three Static Var Compensators (SVCs), each in Punjab, Rajasthan and Jammu & Kashmir.
Tag: India
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JSW Energy posts 51% rise in net
JSW Energy reported a 51 per cent increase in its net profit for the quarter ended 30 June. The net profit figure stood at Rs 325 crore compared to Rs 214 crore reported in the same quarter of the previous year.
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GE invests in wind energy projects
GE Energy Financial Services has invested in three wind projects of Atria Power from its $1 billion fund. The three wind farms include two projects in Madhya Pradesh and one in Andhra Pradesh
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$1.5 bn FDI in telecom
In the first two months of the current fiscal, the foreign direct investment (FDI) in the telecom sector has registered US$ 1.5 billion against US$ 9 million in the corresponding months of the previous year.
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BSNL-MTNL in pact with ONGC
BSNL and MTNL have inked a five-year pact with ONGC to provide all telecom services to the state-owned oil firm on a pan-India basis.
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Bharti Airtel to sell more infra in Africa
Bharti Airtel will sell more infrastructure in Africa to reduce debt and cut capital expenditure on passive infrastructure
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Nokia bags key deals with Indian operators
Nokia Networks has bagged 12 deals with major Indian operators during the first half of 2014, against 16 signed last year, according to the company
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Vijaya Bank announces financial results
The Board of Directors of Vijaya Bank has approved the reviewed financial results of the bank for the quarter ended June 30th, 2014.
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Piping Innovation Zone Promotes Learning
Victaulic, the worlds leading supplier of mechanical pipe joining and fire protection systems, has announced the opening of a new piping innovation zone at its operational facility in Pune.
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Kenyan delegation visits KINFRA processing park
A team from Kenya consisting of 7 members visited the KINFRA Food processing park, Kakkenchery on 12th July 2014 for benchmarking purpose as part of their feasibility study for setting up of an agro-based SME industrial park at Eldoret, Kenya.