Upcoming Projects in India

4933 Jet Airways Is Expected To Order More Than 100 Planes From Boeing Co And Airbus At The Paris Airshow Next Month. The Centre For Asia Pacific Aviation (CAPA) Said In A Report, It Understood Jet Has Already Confirmed An Order For 50 737-MAX Planes Together With Up To 10 777-300ERS From Boeing. CAPA Also Said It Expects A Further Order For Over 50 A320 Neos Which Will Be Deployed By Jet For LCC Operations Under Its Subsidiary, Jetkonnect. Jet Is Therefore Expected To Announce A Total Order For Over 100 Aircraft In Paris. This Deal Would Be Worth Some $10 Billion At List Prices, Remains Unconfirmed. The Airline Presently Operates A Fleet Of 100 Aircraft (As Per Its Website), Which Is A Mix Of Airbus And Boeing. Such A Large Aircraft Order Is Of Course Being Considered By Jet Because It Has Lined Up Massive Domestic Expansion Plans Which Tie Up With Its Expanding International Footprint Through The Tieup With Etihad.

4932 Jubilant Foodworks Is Planning To Invest Rs 75 Crore In Building New Commissaries In FY14, The Company Has Invested Rs 50 Crore In Building New Commissaries In FY13. The Company Will Open 18 New Dunkin & Donuts Store This Fiscal. Jubilant Foodworks Ltd Holds The Master Franchise For Domino's Pizza In India, Nepal, Sri Lanka And Bangladesh, And Since 2011 Also For Dunkin' Donuts. The Company Is A Part Of The Jubilant Bhartia Group

4931 Steel Wire Rope Maker Usha Martin Ltd Will Invest INR 30 Crore For The Equal Joint Venture Between Its Existing Thai Subsidiary Usha Siam Steel Industries Public Co Ltd And Tesac Wire Rope Co Of Japan. Accordingly Mr. Rajeev Jhawar, MD, Usha Martin, “The Construction For The Proposed 1,000 Tonnes-A-Day Greenfield Facility In Thailand Was On And The Unit Would Be In Operation By April. Usha Siam Has It 3,000-Tpd Unit In An Industrial Park Off Bangkok. The New Unit Will Also Come Up In The Same Area”. The Company Has Two Marketing Subsidiaries In Europe And A R&D Arm.

4930 Central Bank Of India Has Inked Pact With Technology Giant IBM, In Order To Leverage Its Analytics Solution To Transform Its Financial Management Processes. This Pact Will Include Activities Ranging From Budgeting To Forecasting To Liquidity Management. After Implementing This New Solution For Corporate Performance Management, The Bank Will Be Able To Gain Better Insight Into Branch And Regional Office Performance, Allowing For Further Flexibility And Quicker Shifts In Strategy To Drive Improved Results While Also Maintaining Regulatory Compliance.

4929 Aban Offshore Has Been Signed Contract For The Deployment Of Jack-Up Rig Deep Driller 1 Offshore Mexico For A Firm Period Of 1115 Days. The Estimated Revenue From The Deployment Is About $ 177 Million (Equivalent To Approx. Rs. 955 Crore). The Contract Is Expected To Commence During July 2013. Aban Offshore Ltd Is India's Largest Offshore Drilling Services Provider To Oil Companies, Mainly For ONGC. It Is Now Ventured Into International Waters As One Of Its Five Rigs Is Doing Work For An Iranian Oil Company

4928 The Indian Government Has Approved Rs 3,436.16 Crore For Phase IV Of The UID (Aadhaar Card) Scheme Which Will Commence Immediately. This Fund Includes Rs 1,600 Crore To Cover The Cost Of Enrolling An Additional 40 Crore Residents, Rs 490 Crore Updation Services, Rs 1,049 Crore For Printing And Dispatch Of Aadhaar Letters And Rs 247.16 Crore Towards Additional Cost For Construction Of Buildings For Headquarters, Data Centers And Non-Data Centers Of UIDAI. According To The Government Report, The Government Informed That Around 31 Crore UID Numbers Have Been Issued Since September 29, 2010 And It Hopes To Release Another 40 Crore Numbers By The End Of March 2014. Unique Identification Project Was Initially Conceived By The Planning Commission As An Initiative That Would Provide Identification For Each Resident Across The Country And Would Be Used Primarily As The Basis For Efficient Delivery Of Welfare Services. UID Numbers Will Also Help Marginalized Sections Of The Society By Enabling Better Delivery Of Services And Effective Governance

4927 Mahindra Lifespace Developers Has Entered Into A Collaboration Agreement To Undertake A Group Housing Project At Gurgaon, Haryana Having A Development Potential Of Approx 1 Million Square Feet. Mahindra Lifespace Developers Limited (Mahindra Lifespaces) Is A Real Estate Development Company. Mahindra Lifespaces, Along With Its Subsidiary Companies, Is Engaged In The Development Of Residential Projects And Large Format, Integrated Developments,

4926 Royal Dutch Shell, Had Inked A Port Services Agreement With Kakinada Seaports Limited (KSPL) For Setting Up A Five Million Tonne A Year Floating LNG Import Terminal At Kakinada In Andhra Pradesh. The Company Also Submitted A Draft Environmental Impact Assessment (EIA) Report, Which, Along With The Port Services Agreement, Was Described By Shell In A Statement Issued Here As Two Important Milestones. The Draft EIA Report Was Recently Submitted To The State Pollution Control Board In Kakinada. The Terminal Would Start With A Capacity Of Up To Five Million Tonnes Per Annum, And Was Designed For Easy Expandability To 10 Million Tones. Shell Has Established The Project Company, Andhra LNG Pvt. Ltd., As The Venture To Develop, Implement And Operate The LNG Import And Re-Gasification Terminal.

4925 Tamil Nadu Government Would Soon Set Up Molecular Virology Laboratories In Medical College Hospitals In Chennai, Madurai, Coimbatore And Tirunelveli. Chief Minister Jayalalithaa Said Laboratories Would Be Set Up In Four Medical College Hospitals At A Cost Of Rs Two Crore Each. King's Institute In Chennai Was The Only Lab To Diagnose Epidemics Thorugh Igm, ELISA Tests In The State. The Government Also Allocated Rs 15 Crore To Improve Infrastructure Facilities In Government Colleges For Indian Medicine In The State, Rs 10 Crore For Human Resources And Infrastructure In Government Anna Hospital For Indian Medicine And Another Rs 12 Crore For Opening A Research And Development Unit For Indian Medicine. In Order To Check The Fake Certificates Among Indian Medicine Graduates, The Government Would Put In Place A URL And 2 D Bar Code Technology To Check The Authenticity Of The Certificates At A Cost Of Rs 15 Lakh. Apart Of It, The Government Plans To Open Lifestyle Clinics At A Cost Of Rs 9.60 Crore. Government Would Implement A Computerised Medical Data Management And Hospital Management Projects With A Central Server At A Cost Of Rs 22.58 Crore, Also Develop 15 Government Hospitals In 15 Districts Without Government Medical College At A Cost Of Rs 18.51 Crore. A Total Of Rs 12.28 Crore Was Earmarked For Maternal Medical Care To Open Special Units In 55 Government Hospitals In The State

4924 Mytvs, The Brand Name For TVS Automobile Solutions Ltd, Country's Largest Chain Of Multi-Brand Car Service Network Signs A Joint Venture Pack With Focuz Motors For Further Expanding Its Car Service Operations In Kerala. With This Tie-Up, Mytvs, Acquires A Stake In The Existing Outlet Operations Of Focuz Motors And Almost Doubles Its Service Outlets In Kerala From 10 To 19. Currently, Focuz Motors Has 9 Car Service Centres In The State. R Dinesh, Joint Managing Director, TVS & Sons Ltd, Said, “This Is An Important Tie-Up For Us Which Would Not Only Help To Expand Our Presence In The State Of Kerala But Also Help To Share Various Synergies Between The Two Companies That Can Add Value To Both The Partners”.

4923 KK Birla Group Company, Sutlej Textiles And Industries Is Planning To Expand Its Kathua Unit, By 26064 Spindles, For Manufacture Of Value Added Cotton Melange And Cotton Blended Dyed Yarns. Sutlej Textiles Excels In All Stages Of Textiles Productions. Its Versatile Production Facilities Are Vertically Integrated, From Spinning And Weaving To Dying And Finishing To Making Apparel.

4922 Surana Telecom And Power Has Received An Approval For Making Investments In Solar Farms Upto A Capacity Of 10 MW In The State Of Andhra Pradesh. Surana Telecom And Power Ltd Is Engaged In Manufacturing Of Petro Products Such As Petroleum Jelly And Telecom Products Such As Jointing Kits

4921 Wipro Has Signed An Agreement To Enter Into A Strategic Partnership And Take A Minority Position In New Jersey-Based Opera Solutions, A Big Data Science Company And Will Invest $30 Million In The Company. Big Data Represents An Unprecedented Opportunity For Business Value Creation But Many Enterprises Do Not Have The Right Technology Or The Science To Access Its Power. Opera Solutions Supplies These Critical Capabilities In A Form That Allows Organizations To Rapidly Turn Raw Big Data Into Strategic Advantage, Profit, And Productivity. Wipro Is A Leading Information Technology, Consulting And Outsourcing Company That Delivers Solutions To Enable Its Clients Do Business Better. Wipro Limited Is A Multinational Information Technology (IT) Consulting And Outsourcing Service Company.

4920 Karur Vysya Bank Has Tied Up With Lulu International Exchange, Abu Dhabi And GCC Exchange House, Dubai For Electronic Remittance. Accordingly The Speed Remittance Arrangement. The Proceeds Will Be Credited To The Beneficiaries Account Electronically, The Bank Has The Capability To Credit The Proceeds To The Beneficiaries’ Accounts With Other Banks In India, Through The NEFT Mode.

4919 The Centre Has Approved 17 Proposals For Foreign Direct Investment (FDI) Amounting To Rs 262.56 Crore. The Largest Focus Is Related To Pharma Sector. Sanofi-Synthelabo (India) Limited Has Got The Approval To Secure Rs.180 Crore FDI. The Proposal Is For An Existing Pharma Company To Acquire Another Pharma Company Through Internal Accruals. An Approvals Of Rs 70 Crore Brought In By Augere Wireless Broadband To Capitalise The Balance Amount Of The Spectrum Fee Earlier Paid To The Department Of Telecommunications, Induction Of Rs 7.65 Crore By Na Pali Europe SARL’s In An Indian Company To Carry Out Single Brand Retail Trading And Issue And Allotment Of Shares Issued Towards Pre-Incorporation Expenses To Carry Out The Business Of Manufacture Of Auxillary Equipment Used In Plastic/Polymers Processing Industry Worth Rs 2.54 Crore By Zap Piling India, Chennai, On Incorporation Of The Company.

4918 The Tamil Nadu Industrial Development Corporation Will Promote A Rs 3,500-Crore Project Jointly With The Private Sector To Set Up A Deep Water Port And A 500-MW Gas-Based Power Project And Related Infrastructure In South Tamil Nadu. In Sivagangai District, The Existing Manamadurai Industrial Estate Will Be Expanded By 2,000 Acres To Establish An Industrial Park For Graphite-Based Industries. In Dindigul A 1,500-Acre Industrial Park Will Be Set Up For Engineering Units And Food Processing Units. In Virudhunagar, A Range Of Industries, Including Infrastructure For Safety Matches And Fireworks Units, Food Processing Industrial Park, Engineering And Printing Units, Will Be Encouraged. In Kanyakumari, Marine Industries, Engineering Units, Rubber Products Units And Tourism Will Be Encouraged. A 250-Acre Industrial Park Will Be Set Up, A 1,500-Acre Renewable Energy Hub Will Be Created In Tirunelveli.

4917 Cummins, A Manufacturer Of Engines, Generator Sets And Related Components And Technologies Is Planning To Set Up Its New Plant For Manufacturing Low Horsepower Generator Sets In The Special Economic Zone At The Cummins Megasite In Phaltan. This Is The Second Power Generation Plant To Open And The 21st Plant Overall Of The Cummins Group In India. The First Plant Of The Power Generation Business Was Commissioned In Pirangut In 2008 To Manufacture Generator Sets From 7.5-160 Kva For Both The Domestic And Overseas Markets. The New Plant Will Manufacture Open And Enclosed Low Kw Generator Sets. The Plant Will Also Add The Capacity To Manufacture An Additional 23,000 Units Per Year In The Initial Phase To The Company’s Existing Capacity Of 38,000 Units In Its Plant At Pirangut. This New Plant Will Built At An Investment Of $17.5 Million,

4916 Tamil Nadu Newsprint And Papers Ltd Will Set Up A Rs 1,200-Crore Packaging Board Manufacturing Unit In Tiruchi District. The New Unit Will Come Up On 989 Acres And Generate Over 2,000 Jobs, It Will Produce Two-Lakh-Tonne-A-Year Unit. Work On The Unit Will Start This Year In Srirangam Constitutency On The Kulithalai-Manaparai State Highway In Mondipatti Village. & Its Expected The Unit Will Be Ready In March 2016.

4915 Leading Global Systems Integrator And Business Transformation Consulting Services Firm, Tech Mahindra Limited Has Entered A Partnership With Business Solutions Company, Falcorp, To Launch A Local Operation In South Africa - Tech Mahindra South Africa, With Aim To Provide Job And Skill Development In Its Local Community. The New Company Will Be A Level 3 Broad-Based Black Economic Empowered Company That Will Help Create Local Job Opportunities, Invest Heavily In Skills Development, And Employment Equity, Over A Period Of 6-12 Months. The Company Will Target To Have Approximately 65 Percent In Local Preferential Procurement, A Corporate Social Investment Plan As Well As A Leadership And Internship Programme. A Dedicated Talent Exchange Program For The Transfer Of Skills Between India And South Africa Will Also Be Initiated. Tech Mahindra Will Bring Its Full Range Of Network And Mobility Offerings To The African ICT Sector. The Offering Of Analytics For Any Business Application Including Mobility, Cloud And Security Solutions Also Forms Part Of Its Strategy.

4914 Shrenuj & Company Will Be Commissioning A New Diamond Cutting And Polishing Unit In Patna, Bihar. The Unit, Which Mainly Focus On Processing Of Smatter Sized Diamonds, Will Initially Employ About 150 People In The Pilot Stage And Will Employ 1500 People On Being Fully Commissioned. Shrenuj & Company Is An Integrated Gems And Jewellery (G&J) Conglomerate.

4913 Sanghvi Forging & Engineering Has Received Orders Worth Rs 5 Crore From A Mix Of Power And Oil & Gas Out Of Which 25% Comprises Of The International Market. The New Plant Is Also On Stream And Is Regularly Getting Repeat Orders From Clients. Sanghvi Forgings & Engineering Is An ISO 9001:2008 Certified Indian Company Engaged In Manufacturing Of Open And Closed Die Forgings Products For The Oil And Gas, Petro-Chemicals, Ship Building, Power And Other Sectors

4912 Leon AG Maker Of Cables And Cable Systems Inaugurated Its New Plant In Chakan, Pune. Dr. Klaus Probst, President And CEO Of Leoni AG Said, “Company Intends To Invest Euro 11 Million By The End Of The Year Towards The Plant Which Will Have An Employee Count Of About 140”. The New Plant Has Already Started The Manufacturing Of Standard Cables For The Automotive Industry. The Company Set Up An Engineering Office And A Manufacturing Facility For Automotive Wiring Systems In Pune In 2010. The New Plant In Pune Is Leoni's Second Production Site In India. Leoni AG, Based In Nuremberg, Germany, Is A Cable And Harnessing Manufacturing Firm With Branches Throughout The World.

4911 NHC Foods Has Bagged The Order For Supply Of SAAZ Brand Products To 'UP State Employees Welfare Nigam'. With This Order The NHC Food Will Foray In Northern Part Of The India. The Company Is Expecting To Sell Around 4 Million Packs Worth Approximately Rs 80 To 90 Million Of Basic And Blended SAAZ Brand Masalas During The Year.

4910 Ultratech Cement, An Aditya Birla Group Company Plans To Expand Its Capacity At Aditya Cement Works In Rajasthan By 2.90 Million Tonnes Per Annum (MTPA), Including Setting Up Of Two Grinding Units. The Additional Capacity Is Expected To Be Commissioned By March 2015. The Company Has Commissioned A Clinkerisation Plant At Rawan, Chhattisgarh With A Capacity Of 3.30 Mtpa And A Grinding Unit At Hotgi, Maharashtra Having A Capacity Of 1.55 Mtpa. The Company Has Also Enhanced Its Cement Grinding Capacity At Gujarat Plant To 0.6 Mtpa, Bulk Terminal At Kochi, Kerala And Wall Care Putty Plant At Katni, Madhya Pradesh.With Commissioning Of These Projects, The Company’s Clinker Capacity Has Increased To 41.80 Mtpa And That Of Cement To 53.90 Mtpa. Ultratech Cement Limited Is India's Biggest Cement Company And India’s Largest Exporter Of Cement Clinker. The Company Is Division Of Grasim Industries.

4909 Central Mine Planning And Design Institute (CMPDI), A Subsidiary Of Coal India Limited (CIL), Has Plans To Use Solar Energy To Light Up Offices And Residential Colonies Of Different Subsidiaries Of Its Parent Organization. CMPDI Will Start It On A Pilot Project Basis From Its Headquarters And Residential Colonies In Ranchi. If Solar Energy Is Properly Tapped Then The Company Expects That They Will Be Able To Save At Least 40% Of The Total Electricity Bill Every Month. Solar Panels Will Be Installed On Every Building's Rooftop And Try To Make It Reach The Rooms During Peak Summer Months, The Rooms On The Top Floor Of The Buildings Will Be Cool. It Will Reduce The Use Of Air Condition And Thus Help Cut Cost. CMPDI Recently Have Even Entered Into An Agreement With A Gujarat-Based Public Sector Undertaking To Get Technological Help

4908 India's Largest Jewellery Retailer Tanishq Will Invest More Than Rs.1,000 Crore This Fiscal In Opening New Stores Across The Country. Titan Industries Associate Vice President V. Ganesh Said, "Our Focus Is On Higher Penetration. We Want To Reach Out To More Towns Across India,” Tanishq, Which Currently Has 146 Retail Stores In The Country, Is Planning To Launch As Many As 29 New Stores This Fiscal. Among Them, The Firm Will Open 8 To 10 Outlets In Eastern India At Investment Of About Rs.200 Crore. It Currently Has 20 Retail Stores In The Region. Tanishq Is A Prominent Jewellery Brand Of India. It Is A Division Of Titan Industries Limited, A Company Promoted By The Tata Group.

4907 Reliance Industries May This Month Win Approval For $1.452 Billion Investment For Developing A Natural Gas Find It Has Made In A Cauvery Basin Block Off The Tamil Nadu Coast Several Years Back. The Company Had Made The Only Discovery In The CY-DWN-2001/2 Block In 2007 And Had Submitted A Declaration Of Commerciality For The Find, Which Was Named D-35, In March 2010 After It Carried Out Drilling Of An Appraisal Well. But The Declaration Of Commerciality, A Pre-Requisite For Developing Any Discovery, Was Never Approved By The Directorate General Of Hydrocarbons. However, Only After Several Requests To Consider The Doc, The DGH On April 15 Wrote To Oil Ministry That The Management Committee Should Be Convened To Review The Doc For D-35. DGH, For A Long Has Held Back Its Approval As It Found The Find To Be Unviable At $4.2 Per Million British Thermal Unit Gas Price. Further, DGH Had In Its Analysis Stated That The Gas Discovery Was Viable At No Less Than $6 Per Mmbtu.

4906 Diversified Group Lanco Infratech Plans To Invest Around 1 Billion Australian Dollars (AUD) To Increase The Annual Production Capacity Of Australia-Based Griffin Coal To 16 Million Tonne By Investing Around 1 Billion Australian Dollars (AUD). After Increasing Production Capacity, Lanco Would Look To Export Fuel From Griffin To East Asian Countries Such As Vietnam And Malaysia. Griffin Coal, Which Was Acquired By The Company For About AUD 730 Million In March 2011, Presently Has A Production Capacity Of 4 Million Tonnes Per Annum. Lanco Infratech Limited Is A Large Indian Business Conglomerate Involved In Construction, Power, Real Estate, And Several Other Segments.

4905 Mercator Has Entered Into A Memorandum Of Agreement To Acquire One MR Tanker. The 36,000 DWT MR Tanker Is Expected To Join The Company’s Fleet In Q1 FY 2013-14. Mercator Limited Was Earlier Known As Mercator Lines Ltd. The Mercator Group Of Companies Has Diversified Business Interests In Coal, Oil & Gas, Commodity Transportation And Dredging, Its The Parent Company And Is The Second Largest Private Sector Shipping Company In India.

4904 Grasim Industries Has Successfully Commissioned Its 182,500 Tonnes Per Annum Caustic Soda Plant Located At Vilayat, Gujarat. The Company Has Recently Completed The Brownfield Expansion Of 36,500 TPA Of Viscose Staple Fibre (VSF) Capacity Located At Harihar In The State Of Karnataka. Grasim Industries Limited Is An Indian Global Building Materials Manufacturing Company, Its A Flagship Company Of The Aditya Birla Group.

4903 Tata Communications Payment Solutions, Subsidiary Of Tata Communications Has Been Issued Certificate Of Authorization By The Reserve Bank Of India (RBI) For Setting Up And Operating White Label Atms (Wlas) In India. Non-Bank Entities Are Allowed To Set Up, Own And Operate Automated Teller Machines (Atms) In The Country And They Are Known As White Label ATM Operators (Wlaos). Atms Run By Them Are Called White Label Atms (Wlas). Tata Communications Along With Its Subsidiaries Is A Leading Global Provider Of World Of Communications.

4902 Steel Authority Of India Limited (SAIL) Has Constructed The First Integrated Development Centre At Digha Village Near Manoharpur In Jharkhand To Support The Government's Saranda Development Plan. SAIL Has Spent Around Rs. 5.40 Crore In Constructing 26 Structures Of 1000 Sq Ft. Each As Part Of Its CSR.A First Of Its Kind Construction In The Saranda Belt, The IDC Will Be Focusing On Providing All Facilities Under One Roof To The Villagers. The Centre Will Used By The District Administration For Various Purposes Like Market Complex, Ration Shop, Bank, Forest Office, Agricultural Office, Health Centre, Anganwari, Community Hall, Community Kitchen,Common Mess And Civil Officers' Residence. The Company Has Distributed 7000 Radios, 7000 Solar Lanterns, And 7000 Bicycles Among The Villagers. It Has Put In Operation Five Mobile Health Service Vans. In The Remote Saranda Forest Area, Houses And Villages Are Located Far Apart From One Another, Villagers Has To Face So Many Difficulties. In Order To Overcome The Difficulties In Reaching Out To The People, Government Has Planned 10 Idcs In The Area, Each Catering To Several Villages Under Six Panchayats.

4901 UK-Based Construction Equipment Maker JC Bamford Excavators (JCB) UK-Based Construction Equipment Maker JC Bamford Excavators (JCB) Today Said It Will Invest Rs 500 Crore In India Over The Next Five Years To Set Up Its Fourth Manufacturing Facility Here. The Company's Wholly-Owned Subsidiary 'JCB India' Will Set Up The Plant On A 115-Acre Area. Chief Executive Officer Og JCB Group Alan Blake Said, "We Are Now Ramping Up Our Operations Here. We Will Invest Rs 500 Crore To Set Up A Greenfield Facility Near Jaipur," The Plant, To Be Constructed At Mahindra World City SEZ, Will Be Operational By Second Quarter Of 2014 And Will Start With Fabrication Work. JCB India Has One R&D Centre In Pune And Has About 200 Engineers There. It Currently Has 58 Dealers And Over 500 Outlets Across The Country.

4900 Hindustan Copper Has Decided To Spend About Rs 533 Crore For Trebling Production Capacity At Its Khetri Copper Complex In Next Five Years. Mines Minister Dinsha Patel Said, “The Company Has Taken Steps To Enhance Ore Production Of KCC Mines From Current One Million Tonnes (MT) To 3.1 MT With Modern Equipment And Technology In Next Five Years At An Estimated Cost Of Rs 533 Crore," Patel Said In A Written Reply To The Lok Sabha. HCL's Mines And Plants Are Spread Across Four Operating Units, One Each In Rajasthan, Madhya Pradesh, Jharkhand And Maharashtra.

4899 Bafna Pharmaceuticals Ltd, A Chennai-Based Pharma Company, Today Informed The BSE That It Has Received Approval From Ghana Food And Drug Administration (FDA) To Market Omeran-20 Capsules (Gastro-Resistant Omerprazole Capsules 20mg). The Capsules Are Proton Pump Inhibitors Used In The Treatment Of Reflux Oesophagitis, Peptic Ulcer Disease, Gastroesophageal Reflux Disease, And Zollinger-Ellison Syndrome. The Drug Contains Generic Salt - Omeprazole And Its International Classification Of Diseases Is Omeprazole. The Company’s Chairman And Managing Director Mahaveer Bafna Said, "This Is A Major Milestone For Bafna Pharmaceuticals. It Will Strengthen Our Market In Ghana And Helps Us In Penetrating In Our Target Market Segment. We Have Already Received Product Approval From Ghana FDA In The Past And With The Entry Of Omeran.

4898 National Thermal Power Corporation’s (NTPC) - JV - ‘Meja Urja Nigam’ Construction Of Project Is Progressing Accordingly Schedule. ‘Meja Urja Nigam’ Is A Joint Venture (JV) Between NTPC And Uttar Pradesh Rajya Vidyut Utpadan (UPRVUNL). The JV Incorporated On April 02, 2008 Through 50:50 Shareholding Will Be Undertaking The Establishment And Operation And Maintenance Of 2x660 MW (1320 MW) Coal Based Thermal Power Project At Meja Tehsil In Allahabad.

4897 Gati Infrastructure Ltd Has Successfully Commissioned Its First 110 MW Hydro Electric Power Plant In Sikkim. The Company Has Invested About Rs 1,150 Crore In The Hydel Project. The Company Had Entered Into An Agreement With The Sikkim Government To Implement Three Hydel Power Projects On Build, Operate, Own And Transfer Basis. The First Project Of 110 MW Chuzachen Hydro Project On Rangpo And Rongli Rivers Have Been Commissioned And Have Begun To Sell Power. The Plant Is Directly Connected To The Central Transmission Utility (National Grid) Through A 24-Km Dedicated Transmission Line And Will Be Able To Deliver Power Across The Country

4896 Avantha Group Company Crompton Greaves And PT Prima Layanan Nasional Enjinring Have Signed A Joint Venture Agreement To Manufacture And Commercialize High Voltage And Extra High Voltage Switchgear In Indonesia. 51% Of JV Will Be Owned By Crompton And 49% By PLNE And Will Be A Part Of Crompton's Global Organization. The JV Includes A Technology Transfer By Crompton Over A Period Of Five Years For The Production Of The Entire Range Of Switchgear For The Network - From 70kv To 500kv - And Will Be Localized Through Crompton's New Manufacturing Base In Indonesia. The Production Part Expected To Commence In 24 Months. The Focus Of The Collaboration Is To Enhance The Sustainable Operation Of The Entire Transmission And Distribution Grid In Indonesia. The Products Manufactured In The New Facility In Indonesia Will Be Distributed Through Crompton’s Marketing Network In The South-East Asian Markets And The Pacific Region.

4895 Maithon Power (MPL), A 74:26 Joint Venture Between Tata Power And Damodar Valley Corporation Has Successfully Commissioned Both Of The 2x525mw Coal-Fired Units At Maithon. Maithon Power Bears The Testimony To Execution Of The Group’s First Ever Greenfield Power Project In The Eastern Region. MPL Is Also Credited With The First Successful Implementation Of The Public-Private Partnership Model In The Field Of Power Generation In Country. MPL Had Planned A Railway Infrastructure Project Spanning Over 20km, Crossing NH2, Dedicated Freight Corridor Line Of Indian Railways And Consisting Of 25 Bridges And Finally Connecting With The Grand Chord Line Of Eastern Railway At Thaparnagar And Mugma Stations, Which Was Approved By The Railways In 2010. After Rigorous Persuasion And Garnering Active Support From All Bodies Including Local Communities, Opinion Leaders, District Administration Authorities, Land And Revenue Department, Government Of Jharkhand, Eastern Railway, Etc, MPL Had Paved The Way For Successful Initiation Of The Work Outside The Plant Premises. After Resolution Of All Issues, The Railway Infrastructure Project Execution Work Outside The MPL Premises Has Been Started In Full Fledge On The Raiyati Land From The Tulsibhita Mouza On April 26, 2013. The Senior Level Authorities Of Eastern Railway Have Also Given In-Principle Approval To Allow MPL To Start Execution Of Work Towards The Mugma Side, Which Is Also Being Planned Once Final Approval Is Received.

4894 Adani Ports And Special Economic Zone (APSEZ), The Country's Largest Private Port, Has Bagged Security Clearance From The Union Home Ministry To Bid For Port Projects In The Country. APSEZ Has Been Consistently Denied Security Clearance By The Home Ministry Since November 2010 Due To Undisclosed Reasons Which Effect Company's Expansion Plans Within The Country As It Could Not Bid For Projects Worth Rs 20,000 Crore. According To The Existing Security Clearance Norms, The Company Can Now Bid For All Port Projects In The Country. The Ministry Issued Clearance For Three Port Projects Which Include Two Projects At Kandla Port And One At Cochin Port. The Company Is Yet To Receive An Official Approval From The Ministry. The Ministry Of Shipping Is Also Due To Award Security Clearance To The Company For Participating In A Project At Chennai Port Worth Rs 4,000 Crore. The Decision To Grant Security Clearance Will Now Allow The Company To Bid For A Number Of Projects As The Shipping Ministry Has Lined Up 30 Projects Worth Rs 25,000 Crore To Be Awarded This Year

4893 Sobha Developers - Group Company Of Sobha Group, Has Formed A Joint Venture With Meydan Group To Develop An Integrated Township Of More Than 1000 Acres In Dubai. The Project 'Mohammed Bin Rashid City -District One' Is Located Alongside Al Khail Road. It Would Be The Closest Residential Villa And Green Space Development To The Famous Burj Khalifa District. Sobha Developers Ltd Is An Indian Multinational Real Estate Developer, Engaged In The Business Of Construction, Development, Sale, Management And Operation Of All Or Any Part Of Townships, Housing Projects, Commercial Premises And Other Related Activities.

4892 Tata Communications Today Signed A Strategic Video Contribution And Distribution Agreement With Istreamplanet. The Agreement Combines Video Transport Over Tata Communications' Leading Global Network Via Its Video Connect And Satellite Delivery Services With Istreamplanet's Live Video Workflow Service. Accordingly Sameer Kanse, Business Head Of Tata Communications' Media Services, “This Agreement Enhances The Video Service Offerings For Both Tata Communications And Istreamplanet. Our Strength In Acquisition And Distribution Of Video For Multiscreen OU Such As Sports Events And Live Linear, Coupled With Istreamplanet's Expertise In Streaming Video Makes It A Compelling Value Proposition For Media Organizations. Tata Communications' Video Connect And Satellite Delivery Services Provides Access To A Full Set Of Features Which Include Content Acquisition And Delivery From (And To) All Corners Of The Globe. Using Tata Communications' Global Network Architecture, Customers Can Transport High Quality, Live Video Feeds To Istreamplanet's Live Video Workflow Service, From Over 300 Locations Worldwide. Tata Communications Limited ; (Formerly VSNL) Is An Indian Global Telecommunications Company

4891 Alstom Has Been Awarded A Contract By Bharat Heavy Electricals Limited (BHEL)1, To Supply Components And Services For The 2x800 MW Gadarwara Super Thermal Power Plant At Gadarwara, Narsingpur, Madhya Pradesh. Contract Is Worth Approximately €100 Million. Under The Contract, Alstom Thermal Power Will Cooperate With BHEL In Designing The Boilers And Supply Pressure Parts Of The 800 MW Supercritical Boilers Along With Pulverisers And Airpreheater Components. It Will Also Assist BHEL With Technical Advisors During The Erection And Commissioning Of The Two Units. Key Components Will Be Manufactured From Alstom's State-Of-The-Art Facilities In Wellsville And Concordia In The USA As Well As In Durgapur And Shahabad, India. Unit I Is Expected To Be Commissioned In 2016, Whilst Unit II Is Expected To Be Commissioned In 2017. Alstom Is A Global Leader In The World Of Power Generation, Power Transmission And Rail Infrastructure And Sets The Benchmark For Innovative And Environmentally Friendly Technologies.

4890 Cairn India Is Setting Up A Centre Of Excellence In Jodhpur That Will Provide World Class Training For Upgrading Skills Of People Engaged In The Oil And Gas Industry. Cairn Has Signed A Contract With TUV Rheinland Of Germany, Which Is A Leader In Testing, Inspection, Certification, Training And Consulting. The Training Would Have Three Vertical Models, Which Includes Vocational Training, Education Training And Open-House Training And Seminars. The Training Course Accreditations Will Be From Edexcel, UK, An Agency Whose Accreditation Is Accepted Around The Globe. Center Is Aiming To Train 1,000 Participants In The First Two Years. Cairn CEO Mr. P. Elango Said, The Centre Reinforced Cairn's Commitment To Rajasthan And It Would Offer Local Youth The Opportunity To Benefit From The Energy Sector. Cairn India Is Engaged In The Business Of Oil And Gas Exploration And Production.

4889 The Indian Government Has Outlined A Plan To Set Up Rs.5,000 Crore (Nearly $1 Billion) Fund To Facilitate Innovation And Entrepreneurship. The Government Would Initially Contribute $20 Million (Rs.100 Crore) To The India Inclusive Innovation Fund. The Remaining Amount Would Come From Scheduled Banks, Insurance Companies, Financial Institutions, Corporates, High Net Worth Individuals As Well As Bilateral And Multilateral Institutions. The New Fund Is Aimed To Drive And Catalyse The Creation Of An Ecosystem Of Enterprise, Entrepreneurship, And Venture Capital, Targeted At Innovative Solutions For The Bottom Of The Pyramid. Accordingly FICCI President Naina Lal Kidwai, "There Is A Growing Conviction That Breakthroughs In Ideas And Technology Must Be Directed To Ensuring That People From All Social And Economic Strata, Particularly Those At The Bottom Of The Pyramid, Partake In The Growth Process,".

4888 The First Unit Of The Much-Delayed Kudankulam Nuclear Power Project Is Expected To Start Operation Later This Month. Minister Of State In The PMO V Narayanasamy Said, "The First Unit Of The Kudankulam Project Is Expected To Start Operation This Month After Receipt Of Stage-Wise Clearances From The Atomic Energy Regulatory Board”. NPCIL Is Building Two 1,000 MW VVER Nuclear Power Units With Russian Collaboration At Kudankulam In Tirunelveli District Of Tamil Nadu. The Centre Has Allocated 925 MW Power From The Two Units To Tamil Nadu, 442 MW To Karnataka, 266 MW To Kerala, 67 MW To Puducherry And 300 MW Has Been Marked As Unallocated. Recently The Cabinet Committee On Security ( CCS) Cleared The Administrative And Financial Sanction For Units 3&4 At A Cost Of Rs 40,000 Crore.

4887 Kerala-Based Jewellery Retailer Malabar Gold Plans To Open 220 Stores Across The Globe By 2015 Including South Asia And Far East Countries. Malabar Group Chairman M P Ahammed Said, “The Company Plans To Have Presence In South Asia, Parts Of Middle East And Also In Far East Countries”. The Company Intends To Open 35 Showrooms In Kerala By 2015. Malabar Gold Is Known For Exquisite Collection Of Jewellery And Watches Made Of Precious Metals & Gems

4886 Apollo Tyres Has Set Up Its Second Exports Hub In Thailand To Cater To The ASEAN Region, Which Contributes 40 Per Cent To The Company's Overseas Income. After Dubai For West Asian Region, This Is The Second Hub Outside The Company's Operations In India. Apollo Tyres Chief (Zone I) Satish Sharma Said, "As A Company, We Are Currently In Our Second Phase Of Expansion. In The Last Few Years, Due To High Customer Satisfaction, The Demand And Acceptability Of Our Tyres Has Increased Manifold In The ASEAN Region.". Apollo Tyres Ltd Is The World's 15th Biggest Tyre Manufacturer,

4885 Micro Technologies (Lndia) (Micro Tech), A Leading Global Developer And Marketer Of Security Devices And Solutions Has Received A Prestigious Mandate From A Half-Century Old College In Delhi University To Provide Micro ISS (Lntelligent Surveillance System) To Its Sprawling Campus In The Nation's Capital. Work Includes Supply, Installation And Commissioning Of Various Surveillance System. The Company Has Secure Order From A Tender Floated By The Renowned College Because It Has Already Been Providing Not Only Security Cover But Also Students' Attendance And Lifecycle Management System With Its Cutting-Edge Technology And Solutions To Top Ranking Universities And Colleges In Lndia Both Government And Private. Micro Technologies Is An IT-Based Company, They Develop, Manufacture, Market, And Provide Security Devices.

4884 Hero Motocorp, India's Largest Two-Wheeler Manufacturer, Is Considering Fully-Fledged Manufacturing Operations In Bangladesh And Colombia By The End Of This Financial Year. This Would Be Hero Motocorp's First Initiative On Manufacturing Operations Abroad Since The Termination Of Its Joint Venture With Former Partner Honda Motor Company. The Market Size In Colombia And Bangladesh Is Significant And The Manufacturing Units Would Help The Company Expand Business In These Geographies Rapidly. About 6,00,000 Two-Wheelers Are Sold In Colombia Every Year, The Bangladesh Market Size Is About 2,00,000 Units A Year. The Company Already Has CKD Assembly Operations In Bangladesh And Colombia, Through Distributors. The Company Is Also Exploring Opportunities To Set Up Companies In The US, Europe, Latin America And Southeast Asia. Hero Motocorp Has Already Started Exports To New Markets In Central And Latin America And Africa. The First Consignment Of Two-Wheelers Has Already Been Shipped To Peru In Latin America, El Salvador, Guatemala And Honduras In Central America And Burkina Faso And Ivory Coast In Africa.