Upcoming Projects in India

4883 Pharma Firm Venus Remedies Has Signed A Deal With South Korean Drug Company Goodwills Co Ltd For Exclusive Marketing Of Its Antibiotic Drug 'Elores'. Goodwills Co Is Planning To Launch This Product By Mid-2014, Post Regulatory Approval From Korean FDA For Which The Dossier Is Already Under Evaluation. Elores Is An Antibiotic Product Meant For Multidrug Resistant Infections. Joint MD Of Pharma Firm Venus Remedies, Manu Chaudhary Said, "Elores Is Addressing A Huge Unmet Medical Need And In South Korean Market At Such Point Of Time, It Can Prove To Be All The More Significant For Society At Large”. Venus Remedies Would Supply Elores Out Of Its State-Of-Art Manufacturing Facility At Baddi In Himachal Pradesh. Venus Remedies Limited Is Amongst The Very Few R & D Led Pharma Companies In The World Who Is Working On To Eradicate Growing Anti Microbial Resistance (AMR), Recognized By WHO As Being Severe Medical Crisis Across The Globe.

4882 The Cooperative Banks Exclusively For Women Will Be Opened In Bihar. In The First Phase The Branches Will Be Started In Patna, Nalanda And Bhagalpur And Later On Such Branches Will Come Up In Other Parts Of The States Too. The State Government Recently Announced 50% Reservation For Women In Cooperative And PACS By Amending The Act. These Banks For Women Will Be Managed And Run Only By The Women. Only The Women Can Open Account There And They Will Be Entitled For Seeking Loan From Those Branches. It Has Also Been Planned That All The Schemes Related To Women Welfare And Empowerment Will Also Be Managed By Those Women Only Banks. The Priority Will Be Given To Women Belonging To Dalit And Backward Castes.

4881 Telecom Gear Maker Huawei Plans To Set Up A New Research And Development Centre In Bangalore With An Investment Of $150 Million (About Rs 813 Crore) In The Second Half Of This Year. Huawei Technologies Head (International Media Affairs) Scott Sykes Said In A Press Release “Since 2004, We Have Invested Around $200 Million In Activities Around Research And Development. We Are Setting Up New R&D Centre In Bangalore With An Additional Investment Of About $150 Million To Consolidate Our Operations Under One Facility,” The Centre Will Be Set Up In The Second Half Of This Year. This New Centre Will Have Capacity To House 5,000 People But The Company Is Yet To Firm Up Its Hiring Plan For India. Huawei Is Also Evaluating To Shift Its Indian Global Network Operation Centre (GNOC) To This New Centre. Huawei Is A Leading Global Information And Communications Technology (ICT) Solutions Provider

4880 Tamil Nadu Chief Minister Jayalalithaa Will Soon Announce Setting Up Of A New Medical College At Nagapattinam, Tamil Nadu. Nagapattinam GH Had Been Equipped With All Facilities And On An Average More Than 5000 Out-Patients Were Visiting The Hospital Everyday.

4879 The First 350 MW Unit Of GMR Kamalanga Energy Limited (GKEL) In Odisha's Dhenkanal District Was Successfully Commissioned. GMR Group Is Establishing A 4x350 MW Coal-Based Thermal Power Plant At Kamalanga In The State In Two Phases Of 3x350 MW And 1x350 MW. Power Produced From GKEL's First Unit Has Been Offered To GRIDCO Limited In Odisha, As Per The Long-Term Power Purchase Agreement Executed With It Pursuant To The Mou With The State Government. Work On Other Two Units Of 350 MW In The First Phase Is In An Advanced Stage And Likely To Be Completed By August 2013. When Plant Will Fully Commissioned, The Company Would Serve The People Of Odisha, Bihar, Haryana And Other Parts Of The Country. GMR Infrastructure Limited Is Engaged In Airports, Energy, Highways And Urban Infrastructure Sectors

4878 Japan's Largest Consumer Electronics Maker, Panasonic Corp Plans To Invest More Than Rs 1,500 Crore In India Over The Next Three Years As Part Of A Global Plan To Make India And Brazil Its Centrepiece Of Future Expansion. Accordingly Global President Of The Company, Mr. Kazuhiro Tsuga, "India Is A High Growth Market For Us Globally; Hence We Are Planning Investment In This Region On Products, Talent, Marketing And Manufacturing”. Panasonic Has Also Streamlined Its India Operations By Ensuring Each Of The Business Divisions Handles Everything From Product Development To Manufacturing And Sales.

4877 Surabhi Chemicals & Investments Ltd Has Announced That In A Bid To Gear Up Its Construction And Infra Segment It Has Awarded A Work Order To The M S Engineers, To Construct Commercial Units In Malad, Mumbai. The Order Included Construction Of Around 2000 Square Feet Area For A Value Of Rs 200 Lacs. Contract Is Expected To Be Completed Within 15 Months After The Identification And Approval Of Suitable Site.

4876 Claris Lifesciences Ltd, A Parenteral Drug Company Has Received Drug Approval From US Drug Authorities For Hypertension And Angina Treatment Injection. The Injection Is Used To Treat Angina (Chest Pain) And Hypertension (High Blood Pressure). It Is Also Used For Treatment Or Prevention Of Heart Attack. Claris Lifesciences Limited Is One Of The Largest Sterile Injectables Pharmaceutical Companies In India.

4875 Sequent Scientific Has Received An US FDA Approval For Its API Drug Manufacturing Facility At Mangalore, Karnataka. The Company’s Mangalore Facility Is ISO 9001 Certified For Quality Management Systems And ISO 14000 Certified For Environment Management Systems. The Company Has Earlier Received Quality Approval From TGA, Australia And Certified By World Health Organisation, Geneva Under Its Prequalification's Of Medicines Programme. Sequent Scientific Limited Is An Integrated Pharmaceutical Company

4874 Export Promotion Council For Handicrafts (EPCH) Has Inked A Pact With China Council For The Promotion Of International Trade (CCPIT) Has Inked A Pact With China Council For The Promotion Of International Trade. A Memorandum Of Understanding Was Signed Between EPCH And CCPIT. The Mou Was Signed During The Visit Of Secretary, Textiles Zohra Chatterji, Who Led A Delegation To China For Enhancement Of Handicraft Trade And Brand Image Promotion Of Indian Handicrafts & Textiles In The Chinese Market.

4873 US-Based Medical Equipment Maker Zimmer Plans To Set Up A Production Unit In India And Source Products From Here In Future. Zimmer India Managing Director Sanjay Banerjee Said, "We Are Evaluating Various Options To Develop The Indian Market. One Of The Options Is Setting Up A Manufacturing Base For The Indian And Asian Markets," The Company, Which Manufactures And Sells Equipments For Only Orthopaedics Division, Is Also Evaluating Options To Source Products From India. Zimmer Is A Publicly Traded Medical Device Company. The Firm Is Headquartered In Warsaw, Indiana

4872 Naveen Jindal's Jindal Steel & Power Limited Has Embarked On An Ambitious 1320 MW Thermal Power Plant At Godda, Jharkhand The Plant, Which Is Due To Come Up In Three And Half Years, Will Consist Of Two Units Of 660 MW Each And Will Require An Investment Of Rs 8500 Crore. It Will Be The First Power Project In The State To Be Built On Supercritical Technology. The Company Has Already Decided To Set Up 6 Million Tonne Steel Making Capacity Each At Patratu And Asanboni, Along With Another 1320 MW Power Plant At Patratu In Ramgarh District. A Part Of The Coal For The Godda Power Project Will Be Sourced From Jitpur Coal Block Located Some 10 Km Away From The Project Site. JSPL Is Planning To Acquire 1000 Acres For Developing The Coal Block Has Mineable Reserves Of 65 Million Tonne That Is Expected To Meet The Requirements Of One Unit Of 660MW For 15 Years. The Company Is Awaiting Stage II Forest Clearance For The Coal Block After Which It Can Apply For Mining Lease

4871 ONGC-Tripura Power Corporation's 726-MW Gas-Based Thermal Power Project At Palatana In South Tripura District Would Start Generation By June. BHEL Was Entrusted With The Responsibility Of Installing The Machines And Turbines For The Power Project. State Power Minister Mr. Manik Dey Said, That Experimental Production (363.66 MW) Of The First Unit Of The Project Started In October Last But Following Identification Of Some Mechanical Problems On February 15 Last Experimental Productions Were Stopped. Now Faults Were Repaired And The Trial Run For The Commercial Production Would Start From The First Week Of May. Work For Installing 400 KV Double Circuit Line For Drawing Power From Palatana Project To Bangaigaon For Connecting With The National Grid Has Started And Added Drawing Of Line Was Completed Upto Barnihat In Meghalaya. On Completion Of The Project, Assam Would Get 240 MW, Meghalaya 79 MW, Manipur 42 MW, Nagaland 27MW, Mizoram 22 MW, Arunachal 22 MW And Tripura 196 MW

4870 Reliance Communications Has Inked Its First Tieup With Aircel, And Plans To Add A Total Of 10,000 Base Stations As Part Of Such Agreements. As Per This Pact The Company Can Cut Capital Expenditure Of Around Rs 1,200 Crore. But Each Time A Subscriber Uses The Network Under These Agreements, RCOM Will Have To Pay The Operator With Whom It Has A Tieup, And Will Incur A Loss If The User's Calling Rate Offers A Better Plan Than The Negotiated Price Between The Operators. The Company's Wireless Operations' Chief Gurdeep Singh Said, “Most Of The Agreements Are Bilateral, And Hence We Will Monetise Our Network Through Them Also”. The Strategy Will Help It Penetrate Tamil Nadu, Karnataka, Andhra Pradesh, Uttar Pradesh East And West, Maharashtra, Gujarat, Punjab And Rajasthan Service Areas.

4869 Mahindra & Mahindra Ltd. Has Signed A Preferred Financier Agreement With J&K Bank. The Memorandum Of Understanding (Mou) Would Enable Mahindra Customers To Avail Vehicle Finance From Any Of The Branches Of The Bank. The Tie-Up Will Enable Both M&M Ltd. And J&K Bank To Leverage On The Inherent Strengths Of Each Other’s Vast Network Of Over 250 Dealer Outlets And 685 Branches Respectively Across India. In Jammu & Kashmir, Mahindra & Mahindra Has A Network Of 6 Dealers And J&K Bank Has 577 Branches. Abdul Hamid Banday, Executive President, J&K Bank Said, “J&K Bank Is Expanding Its Operations In Commercial And Passenger Vehicle Financing. It Has Been Making Niche Offerings To Its Customers And This Arrangement With Mahindra & Mahindra Will Be One Such Special Initiative”.

4868 Reliance Jio Infocomm, Subsidiary Of Reliance Industries, Has Signed The Construction And Maintenance Agreement And The Supply Contract For Bay Of Bengal Gateway Submarine Cable System In Kuala Lumpur With Telekom Malaysia Berhad (TM) (Malaysia), Vodafone Group (UK), Omantel (Oman), Etisalat (UAE), And Dialog Axiata (Sri Lanka). The BBG Submarine Cable System, Spanning Approximately 8,000 Km, Will Link Malaysia (Through Penang) And Singapore To The Middle East (Oman And United Arab Emirates) With Connections Reaching Out To India (Mumbai And Chennai) And Sri Lanka. The Construction Of This Cable System Is A Clear Indication Of The Growing Demand For Bandwidth At The Participating Countries. The BBG Cable System Is Designed To Provide Upgradable And Transmission Facilities By Adopting The State-Of-The-Art 100Gbps Technology. This Cable System Is Expected To Carry Commercial Traffic By End Of 2014.

4867 Tamil Nadu Newsprint & Papers Has Successfully Implemented The 600 Tpd LSFM Cement Plant And The Commercial Production Has Been Commenced With Effect From April 01, 2013. The Tamil Nadu Newsprint And Papers Limited Was Established By The Government Of Tamil Nadu With Aim To Produce Newsprint And Writing Paper Using Bagasse, A Sugarcane Residue.

4866 The Great Eastern Shipping Company (G E Shipping) Has Signed A Contract To Sell ‘Jag Leela’, An Aframax Crude Carrier. The 1999 Built Vessel Of About 105,000 Dwt Will Be Delivered To The Buyers In Qlfy14. The Company's Current Fleet Stands At 31 Vessels, Comprising 22 Tankers (9 Crude Carriers, 12 Product Carriers, 1 LPG Carrier) And 9 Dry Bulk Carriers With An Average Age Of 9.6 Years Aggregating 2.50 Mn Dwt. Great Eastern Shipping Company Is Engaged In Businesses Of Shipping And Offshore.

4865 State Bank Of India Country’s Largest Public Sector Lender Has Signed An Agreement With The Numaligarh Refinery (NRL), In Order To Fund $90 Million To Finance NRL’s Capital Projects. The Loan Will Be Disbursed By SBI At Its London Branch And NRL Will Use These Funds Primarily To Part Finance Its Ongoing Wax Project At Its Refinery Complex In Numaligarh. Numaligarh Refinery Is One Of The Major Refineries Of North East, Having A Capacity Of 3 MMT. Numaligarh Refinery Is A Joint Venture Of Assam Government Owned Numaligarh Refinery Limited With Bharat Petroleum Limited.

4864 Parag Milk Foods (P) Ltd Will Invest Rs 700 Crore To Create New Facilities In East And North India And Upgrade Its Infrastructure In Near Future To Meet The Demand For Dairy Products In India. The Company Procures 20 Lakh Liters Of Milk Per Day For Its Pune ( Maharashtra) And Palamner (AP) Plants And Says It Would Require Two Plants In Near Future To Meet The Growing Requirement Of Dairy Products In Market. Parag Milk Foods Engaged In Dairy Products.

4863 SAIL Is Looking At Entering The Titanium Sector And Has Joined Hands With The Kerala Government For Exploring The Possibility Of A Project In The State. Steel Minister Beni Prasad Verma Informed The Lok Sabha, "Steel Authority Of India Ltd (SAIL) Has Signed A Mou With Kerala State Industrial Development Corporation (KSIDC) And Kerala Minerals & Metals Ltd (KMML) On Behalf Of Government Of Kerala For Exploring The Possibility Of Setting Up A Titanium Project In Kerala”. The Project, For Which Techno Economic Feasibility Report (TEFR) Is Under Preparation By MECON, Will Be Set Up In Phases. SAIL Chairman C S Verma Had Said Then That The First Phase Of The Project Envisages Setting Up A 10,000 Tonne Annual Capacity Plant To Produce Titanium Sponge. The Estimated Cost Of The Unit, Proposed At Chavara In Kollam District Where KMML's Plant Is Located, Is Around Rs 2,500 Crore And MECON, The Unit Under The Steel Ministry, Had Already Prepared A Brief On The Project. If The Project Is Set Up, India Would Become The Largest Titanium Sponge Producing Country In Asia.

4862 Battery Maker Exide Industries Will Invest Rs. 250 Crore In 2013-14, To Expand Its Production Capacity Even As It Reported 2.76 Per Cent Rise In Net Profit For The Quarter Ended March 31. Exide Industries Said, "For The Year 2013-14, The Company Has Planned A Capital Outlay Of Rs. 250 Crore To Be Spent On Capacity Augmentation For Industrial Batteries And Modernisation."

4861 Bharat Heavy Electricals (BHEL) Has Won A Contract Worth Rs 4,051 Crore Through International Competitive Bidding (ICB) From Odisha Power Generation Corporation To Supply And Installation Boiler, Turbine And Generator (BTG) Plant. Both OPGC And BHEL Have Inked A Contract For The Same Where The Latter Will Supply Equipment And Set Up OPGC’s 1,320 MW Main Plant. The Agreement For Supply And Installation Of BTG Was Signed By AES Corporation Managed OPGC And BHEL. The Job Work Involves Supply Of The Main Plant (Boiler, Turbine And Generator) At An All Inclusive Firm Price Of Rs 3,748.94 Crore And Erection Of The Main Plant At Rs 302.06 Crore. The 2X660 MW Project Would Be Completed By March, 2017

4860 Tata Global Beverages Is Planning To Enter The Functional Beverages Segment By Introducing The Activate Brand From Its Joint Venture Forged In 2010 With The US-Based Activate, A Performance Beverage And Bottled Water Firm. The US Based Firm Is Manufacturing And Distributing Vitamin Enhanced Flavored Drinks Under Activate Brand, Through A Unique Cap Dispensing Technology And Has Presence In The West And Southwest US Markets. Tata Global Beverages Limited Is Engages In Multinational Non-Alcoholic Beverages.

4859 In A Bid To Promote And Distribute Improved Rice Research Technologies In India, Coromandel International Has Entered Into Memorandum Of Understanding With International Rice Research Institute. The Partnership Will Also Help In Improving All Aspects Of Rice Cultivation Comprising Seed Quality, Nutrient And Crop Management, Water Management, Farm Machinery And Post-Harvest Processing. The Tie-Up Will Also Develop New Rice Varieties And Rice Crop Management Techniques To Help Farmers Improve The Yield And Quality Of Their Rice In An Environmentally-Sustainable Way. Coromandel International Limited, Originally Named Coromandel Fertilisers, The Company Is In The Business Of Fertilizers, Pesticides And Specialty Nutrients.

4858 Ruchi Soya Industries Announced A Joint Venture (JV) With Kagome Co. (Kagome), A Leading Tomato Product Company Of Japan And Mitsui & Co. (Mitsui), One Of The Worlds Largest Trading, Investment And Services Companies To Revolutionize The Indian Tomato Market Estimated To Be Producing 17 Million Tons Per Year. The JV - Ruchi Kagome Plans To Launch Premium Tomato Puree, Sauces, Ketchup And Other World-Class Products In India. The Company Has Identified Land In Maharashtra To Set Up A Manufacturing Plant, With An Initial Investment Of Rs 44 Crore, Which Is Expected To Be Ready For Commercial Production By June 2014. Ruchi Kagome Will Work Closely With Indian Farmers To Drive A Tomato Revolution In The Country Through Higher Yielding Seed, Sharing Global Knowledge To Educate Local Tomato Producers & Setting Up Local Support Centers To Handhold Farming Community. Ruchi Soya Industries Is Engaged In Vegetable Oils And Other Food Products. It Sells High Protein Soya Food Under The Nutrela Brand

4857 Bank Of Baroda (BOB) Is Planning To Open 10 New Branches And Set Up 55 Automated Teller Machines (Atms) In The State Of Karnataka. The Bank Is Taking This Step In Order To Strengthen Its Access And Expand Its Branches Across The State. The Bank At Present Has A Network Of 85 Branches, 59 Atms And 13 Ultra Small Branches In Karnataka. The Bank As Part Of Financial Inclusion Also Plans To Set Up New Touch-Points At Potential Villages / Centers To Work As Delivery Channels

4856 Career Point, Nation's Leading Education Player Has Signed A New Agreement With Mahatma Basveshwar Education Society To Offer Tutorial Services To Its Students At Deshikendra High School, Latur In Maharashtra. Under The Agreement, The Company Will Provide Tutorial Services To Students Of Mahatma Basaveshwar Education Society In Class 11th And 12th For JEE (Main + Advance), NEET, AIIMS, Olympiads, KVPY, Maharashtra CET And Laying Strong Foundation For Pre-Engineering And Pre-Medical Entrance Test Preparation Courses.

4855 Shiv-Vani Oil & Gas Exploration Services Has Commenced Operations At Kakinada In Andhra Pradesh On The ONGC Contract And It Is Going On Smoothly, Allaying Misconceptions In Certain Quarters That ONGC Had Banned The Company. Shiv-Vani Oil Has Been Awarded A Contract By ONGC To Install And Operate One Compressor Along With One Standby Compressor At Kakinada Which Was Expected To Mobilize Within 45 Days From The Date Of Order Or Before September 26, 2012. Shiv-Vani Mobilized Two Compressors With Engines On Allocated Site At Kakinada On Time, But Could Not Install It Because Of The Force Majeure Reasons Beyond Its Control, But No Ban Whatsoever By ONGC. The Company Has Clarified To ONGC On All The Issues. ONGC Is Satisfied With Shiv-Vani’s Performance At The Site. Shiv-Vani Oil & Gas Exploration Services Limited Is A Premier Service Provider Catering To The Upstream Segment Of The Oil And Gas Industry.

4854 Punjab Chief Minister Parkash Singh Badal Has Invited Tata Group To Set Up Joint Ventures In Areas Like IT And Infrastructure. Tata Group Chief Cyrus Mistry Said In A Press Release, “A Team Of Experts Of The Company Would Soon Visit To Explore The Possibilities And Potential For Setting Up Of New Ventures In The State,” The Chief Minister Offered To The Group Company To Initiate Certain Joint Ventures In IT, Skill Training, Agriculture And Infrastructure With The State Government. The C.M Of State Told The Tata Chief That The State Had Contributed Enormously In Various Sectors Like Food Grain Production, Industry And Above All In The Armed Forces For The Security As Well As Development Of The Country. The State Government Has Planned Projects Worth “Thousands Of Crores” For Ensuring 100 Per Cent Water Supply And Sewerage Facilities To The People In The State. Expressing The Dire Need Of Skill Development, Mr. Mistry Said The Team From The Group Would Also Study All The Aspects To Set Up A New Training And Development Centre In The State. The Chairman Of Tata Group Of Companies Agreed To The Proposal Mooted By The Chief Minister To Explore Undertaking All The Database Information For Improving The Agriculture Sector Of Punjab.

4853 Tata Power Company, One Of The India's Largest Power Generation Companies, Has Successfully Commissioned 21 MW Wind Project In Rajasthan. It Has Signed An Agreement Of Installing 30 MW In The State Of Rajasthan. With This, The Total Power Generation Capacity Of Tata Power Stands At 8521 MW. In Wind Power Generation, Tata Power Has An Operating Capacity Of 397 MW Which Is Spread Across Five States-Maharashtra, Tamil Nadu, Gujarat, Rajasthan And Karnataka. Further, Its South Africa JV With Exxaro Called Cennergi Has Been Shortlisted As Preferred Bidder For Two Wind Projects Of 234 MW- Amakhala 139 MW And Tsitsikamma 95 MW Projects. Tata Power Has Three Of Its Renewable Energy Projects Registered Under The Clean Development Mechanism (CDM) Programme Of The United Nations Framework Convention On Climate Change (UNFCCC). These Projects Include 50.4MW Wind Power Project At Samana, 50.4 MW Wind Project At Khandke, Maharashtra, And 25MW Solar Project At Mithapur, Gujarat

4852 United Bank Of India (UBI) Is Planning To Open An Overseas Branch As It Has Good Capital Adequacy Ratio. Chairperson And Managing Director Of UBI, Archana Bhargava Said Expanding Overseas Footprints Would Be One Of Her Prime Strategies To Improve The Bank's Branding. The Bank Would Apply For Eight To 10 Overseas Branch Licenses From Reserve Bank Of India In A Month Or Two. Currently The Bank Has Representative Offices In Myanmar And Dhaka And Plans To Set Up Branches In Mexico And BRICS (Which Comprise, Apart From India, Brazil, Russia, South Africa And China) Nations. United Bank Of India Has Emerged As A Strong And Efficient Banking Organization Over The Years And Plays An Integral Role In The Socio-Economic Development Of The Eastern And North-Eastern States Of The Country

4851 Drug Firm Hikal’s Manufacturing Facility In Gujarat Has Received Approval From The US Food And Drug Administration (USFDA). The Manufacturing Facility Located At Panoli, Bharuch District In The State, Which Manufactures Pharmaceutical Ingredients, Intermediates And Regulated Starting Materials. The Company Has Already Received USFDA Approval For Its Pharmaceutical Intermediates And Active Pharma Ingredients (API's) Manufacturing Site Located In Jigani, Bengaluru In Karnataka State. The Company Said, The Additional Site Approval Will Further Add To Capacities, Which Is Beneficial To Our Customers. It Will Mitigate The Risk Of Supply By Having Two Sites Certified By The USFDA.

4850 NIIT Technologies Has Bagged A Multi-Year Contract From The Airports Authority Of India Worth Rs 344 Crore For The Implementation Of Airport Operations Control Centres In Partnership With SITA. The Project Is Undertaken By The Civil Aviation Ministry Towards Modernization Of Indian Airports To Improve Capacity Utilization, Passenger Throughput Enhancement, Stakeholder Management, And Process Standardization. It Will Be Executed Within The Next 15 Months At The Airports In Chennai, Kolkata, Ahmedabad, Pune, Thiruchirapalli, Thiruvananthapuram, Calicut, Mangalore, Guwahati, And Jaipur. The Project Has A Provision For Extending The Solution To Additional 25 Airports In India. The Airport Management System And Resource Management System Will Be Implemented And Integrated By NIIT Technologies Solution, Which Has Been Supplied By SITA. The Systems And Their Interfaces Will Help Improve Airport Management By Consolidating Multiple Sets Of Information And Providing Accurate Real-Time Data From Just One Source

4849 Bharti Airtel And Microsoft Announced A Partnership To Provide Discounts On Purchase Of Xbox Games And Airtel High Speed Broadband Connection. As Part Of This Combo Offer, Consumers Buying An ‘Xbox 360 4GB Kinect’ Console Or Taking A New Airtel High Speed Broadband Connection Can Save Up To Rs 15,500. The Promotional Offer Is Valid Till June 30, 2013 And Is Available Across Delhi NCR, Bangalore, Chennai And Mumbai. This Offer Includes 10 Xbox 360 Games, 12-Month Free Xbox LIVE Gold Membership And Up To Rs 4,888 Offer On The Existing Or New Airtel Broadband Connection.

4848 Hindustan Petroleum (HPCL) Has Received Its Board Approval For Incorporation Of A Joint Venture (JV) Company To Set Up Rs 37,320-Crore Oil Refinery And Petrochemical Complex In Rajasthan. The Unit Is Planned To Go On Stream In Four Years. The Refinery Will Run On Crude Oil From Neighbouring Oilfields Of Cairn India. A Part Of The Crude Oil Requirement At The Proposed Refinery Will Come From The Barmer Oilfields Of Cairn And The Rest Will Be Imported

4847 IL&FS Engineering And Construction Co. Ltd Has Received A Letter Of Award (LOA) From Haryana Vidyut Prasaran Nigam (HVPNL), Panchkula For Design, Supply, Civil And Erection Of 2 New 132 KV Substations And 5 Nos Of 132 KV Extension Bays On A Turnkey Basis In Sonipat District In Haryana. The Value Of Project Is Rs 27.84 Crore And Is Being Funded By The World Bank. The Project Is Expected To Be Complete In Twelve Month From The Commencement Date. IL&FS Engineering And Construction Company Limited, In Joint Venture With Saudi Binladin Group Is One Of The Leading Multi-National Infrastructure Development, Construction And Project Management Company

4846 Drug Firm Aurobindo Pharma Has Received Final Approval From The US Health Regulator To Manufacture And Market Generic Cefadroxil Oral Suspension USP In The Strengths Of 250mg/5ml And 500mg/5ml Used For Treating Bacterial Infections In The US Market. The Product Is The Generic Equivalent Of Warner Chilcott Company Inc's Duricef For Oral Suspension In The Same Strengths. Cefadroxil Oral Suspension Has Been Approved Out Of The Company's Cephalosporin Formulations Manufacturing Facility In Hyderabad. Aurobindo Pharma Is One Of The Leading Indian Pharmaceutical Research Companies That Manufactures And Export Drugs And Formulations Worldwide. The Company Has A Total Of 187 Abbreviated New Drug Application (ANDA) Approvals (160 Final Approvals Including 4 From Aurolife Pharma LLC And 27 Tentative Approvals) From USFDA.

4845 Tata Motor’s Subsidiary, Tata Technologies, Has Signed Definitive Agreements For The Acquisition Of US Based Cambric Corporation, A Premier Engineering Services Company Providing Turnkey Engineering Services To Its Customers. This Partnership Is Expected To Strengthen Tata Technologies’ Global Market And Domain Capabilities To Provide High End Engineering Service To A Diverse Set Of Existing And New Clients, Especially In Europe, While Providing Cambric Access To The Asia Pacific Region. Cambric Corporation Is A Global Engineering Service Company. The Company Has Three Development Centres In Romania And Its Customers Include Some Of The World’s Marquee Heavy Machinery, Agricultural, Off-Highways And Automotive Companies. Tata Technologies Limited Is A Company In The Tata Group That Provides Services In Engineering And Design (E&D), Product Lifecycle Management (PLM), Enterprise Solutions, Manufacturing And Product Development IT Services To Tier 1 Automotive And Aerospace Oems And Their Suppliers.

4844 The World’s Fourth-Largest Telecoms Company By Subscriber, Bharti Airtel Announced On Tuesday That It Has Signed An Agreement To Buy Out Abu Dhabi Group’s Warid Telecom Uganda LLC For An Undisclosed Sum. The Deal Is Expected To Help Raise Airtel’s Customer Base In Uganda By About 60 Percent. After Acquiring Warid’s Business In Uganda, The Company Will Become The Second Largest Telecom Operator In The East African Country. Warid Is The Third Largest Mobile Provider In Uganda. Other Key Operators In The Land-Locked East African Country Are Uganda Telecom And Orange Plc. Warid Uganda Board Member Mohammed Nahayan Saidm, The Deal With Airtel Would Offer The Company’s Consumers Added Benefits “Like Wider Network Coverage, Access To The Most Extensive 3G Network And World Class Products And Services. Bharti Airtel’s Deal With Warid Comes At A Point When The Company Is Trying To Turn Around Its Loss-Making African Operations.

4843 Swiss Luxury Watchmaker Raymond Weil Is Looking To Set Up Three More Stores And Also Expand Its Presence In Multi-Brand Outlets In The Country. Raymond Weil Global CEO And President Olivier Bernheim Said, "We Have Been In India For A Long Time And We Have Received Appreciation Across Segments, Especially Women. We Have Stores Across The Metros And Are Now Looking At Cities Like Bangalore”. The Plan Is To Have Three More Company-Owned Stores In The Next Two Years As Well As Expand Presence In Atleast 10 Multi-Brand Stores In The Coming Year. Raymond Weil Is One Of The Last Independent Brands In The Swiss Watch Industry

4842 Electronics Major Canon India Plans To Expand Its Retail Stores To 300 By 2015 As It Looks To Double The Revenues From The Vertical To Over Rs 340 Crore In The Next Three Years. Currently The Company Has 100 'Canon Image Square' Stores In Around 50 Towns Across The Country, Plans To Add More In Order To Display Its Entire Camera Product Range. The Company, Which Expects The Vertical To Clock Rs 172 Crore In 2013, Aims To Double The Revenues In The Next Three Years. Canon India Pvt. Ltd Engaged In Imaging Technologies.

4841 Tech Mahindra, A Specialist Provider Of Solutions And Services To The Telecommunications Industry, Has Acquired Lab Assets And Operations Of The Type Approval Lab In Lund, Southern Sweden. This Acquisition Is In Continuation With Its Efforts To Provide End-To-End Test Solutions To Device Manufacturers And Global Carriers. This Lab Was Formerly Part Of Sony Mobile Communication's Internal Test Function And Now Helps Tech Mahindra Establish Its First European Test Lab With Multi-Million Dollar Infrastructure. Sirisha Voruganti, Chief Technology Officer, Canvasm Said, “This Acquisition Aligns Perfectly With Our Vision To Become The World's Number One Lab With Complete And Customizable Test Solutions For Odms And Platform Vendors. The Lund Facility Will Now Provide Us A Strategic Lab Presence For EMEA Region And For Our Customers Looking To Launch Their Products In EU And Rest Of The World”. This Acquisition Is In Line With Tech Mahindra’s Plans To Lead The Test Space In The Nordic Region. Tech Mahindra Along With Its Wholly Owned Subsidiary Canvasm Technology Has Already State-Of-The-Art Labs Established In India And US A Few Years Ago Is One Of The Fastest Growing Global Labs Certifying More Than 800 + Devices So Far Has Now Established Itself In Europe Through This Acquisition.

4840 Fortis Healthcare Plans To Open Three New Hospitals In The Next One Year, Including Two New Hospitals At Ludhiana And Chennai. The First Hospital Would Be Opened In Gurgaon During The First Week Of May, Followed By Two Greenfield Hospitals At Ludhiana And Chennai. The Healthcare Major Operates In Various Geographies, Including Australia, Canada, Dubai, Hong Kong And Singapore, And Its Network Comprises 76 Hospitals, Over 12,000 Beds, Over 600 Primary Care Centres, 191 Day Care Speciality Centres And Over 230 Diagnostic Centres

4839 Central Bank Of India Would Open More Branches In Himachal Pradesh And Finance Infrastructure Development And Other Private Projects To Increase The Credit-Deposit Ratio. Chairman Of The Bank Mr. M.V. Tanksale Said, We Are Going To Expand Our Activities In The Hill State By Financing Hydropower, Horticulture, Infrastructure Development And Tourism Project. With 4,300-Odd Branches And 2,500 Atms, The Bank Has A Turnover Exceeding Rs.4 Lakh Crore. The Bank Proposed To Open 10 More Branches In The State And A Majority Of Them Would Be Opened In Rural Areas. Currently, The Bank Has 48 Branches In The State.

4838 Gujarat NRE Coke Is Planning To Raise Up To $ 100 Million (Rs 550 Crore) By Issuing Convertible Securities Overseas. The Company, In An Exchange Filing, Said Its Board Would Meet On April 29 To Consider "Issue Of Securities (Including Foreign Currency Convertible Bonds) For An Amount Not Exceeding $ 100 Million Or Rs 550 Crore, Whichever Is Higher." Gujarat NRE Has Coking Coal Mines In Australia With Over 650 Million Tonnes Of Resource.

4837 Neyveli Lignite Corp Has Invited Global Firms For Providing Consultancy For Its 1,980 MW Ghatampur Thermal Power Project In Uttar Pradesh Involving A Cost Of Rs 11,128 Crore. The Consultant Will Be Selected On The Basis Of An International Competitive Bidding Process. The Total Consultancy Contract Shall Be Executed In Two Phases. In First Phase Basic Design & Engineering Will Be Cover And Inspection Services, Expediting Services And Project Management Services Will Be Cover In Second Phase. Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd And Neyveli Lignite Corporation Ltd Entered Into A Joint Venture For The Thermal Power Plant.

4836 Petronet LNG Has Executed A Preliminary Conditional Supply Agreement With US Based Firm United LNG. The Agreement Is For Supply Of Around 4 MMTPA Of LNG For Supply For 20 Years. This LNG Will Be Supplied Through The Main Pass Energy Hub, Which Is Been Jointly Developed By United LNG And Freeport Mcmoran Energy. The Binding LNG SPA Is Yet To Be Executed And Is Expected By The End Of This Year. Petronet LNG Ltd. Is An Indian Oil And Gas Company Formed By The Government Of India To Import Liquefied Natural Gas (LNG) And Set Up LNG Terminals In The Country.

4835 In A Step To Expand Its Presence In The Latam Region, ONGC Videsh, The Overseas Arm Of ONGC, Has Signed An Agreement With Petro Amazonas Ecuador To Take Up Exploration Activities In The Country. The Discussion For The Oil Exploration And Operation Deal Has Been Going On For A While As The Government Of Ecuador Is Seeking More Investments From The Indian Companies In Various Sectors, Including Defense, Pharmaceuticals, Petrochemicals, Food Processing, Oil Refineries And IT. The Project Aims To Produce 30,000 Barrels Per Day Of Crude Oil In The First Development Phase And 90,000 Barrels In The Second Phase. Ultimately, The Project Will Produce 400,000 Bpd (20 MT A Year) Of Crude Oil. The Project Is Operated By Petro Carabobo, A JV Set Up In Venezuela In June 2010 In Which OVL, The Overseas Arm Of State-Owned Oil And Natural Gas Corp. In January This Year, ONGC Videsh's Multi-Billion Dollar Carabobo Oilfield In Venezuela Started Crude Oil Production As Part Of Its Efforts To Address An Energy Shortage Threatening India's Economic Growth.

4834 Nova Medical Centers, A Short- Stay Surgical Care And Fertility Clinics Firm Will Invest Around Rs 150 Crore To Open 7 New Centres By The End Of The Current Financial Year. Out Of These Five Will Be Nova IVI Fertility Centers And Two Will Be Nova Surgery Centers. The Company Currently Has A Total Of 18 Centers Across The Country. The New Centers Will Come Up In Chennai And Pune Among Other Places In The Country. The Company Is Looking At Tier-II And Tier-III Cities To Be Drivers For Future Expansion And Is Also Aiming To Increase Its Presence In Middle East And South East Asia. Nova Medical Centres Offers Specialities Like ENT, General Surgery, Orthopaedics, Opthalmology, Oncology, Gynaecology, Pediatrics, Urology And Radiology. Nova Medical Centers Is The Parent Company Of Nova Specialty Surgery And Nova IVI Fertility.