Upcoming Projects in India

4783 Gitanjali Group Is One Of The Largest Branded Jewellery Retailers In The World, Is Planning To Open Around 300 Shops In India And 250 In Abroad By End Of This Year. The Entity Has Decided To Spend Around Rs 50 Crore In This Year For Domestic Expansion. It Is Likely To Expand In The Domestic Market Via Franchise Route In Tier II And III Cities As Rents Are Lower Than The Tier I Cities.

4782 Oil India (OIL) Has Plans To Commission 54 Mega Watt Wind Turbine Plant At Dangri In Jaisalmer, Rajasthan. The Company Has Invested About Rs 360 Crore In The Project And Completed The Same Within 142 Days From The Date Of Issuing Of Letter Of Award (LOA) To The Bidder. The 54 MW Project Includes 27 Wind Turbine Generator (WTG) Units And Each Unit Has An Installed Capacity Of 2000 Kw. The Wind Farm Is Effectively Connected To The Rajasthan State Electricity Grid At 'AKAL', At A Distance Of 47 Km From 'Dangri' Wind Farm.

4781 The Board Of Oil India Ltd Has Approved The Setting Up Of An Overseas Arm To Acquire Oil And Gas Properties Abroad. The Subsidiary Will Be Set Up On The Lines Of ONGC Videsh Ltd, The Overseas Arm Of State-Owned Oil And Natural Gas Corp (ONGC), And Bharat Petroresources, A Unit Of State Refiner Bharat Petroleum Corp Ltd. OIL Has So Far Been Partnering Indian Oil Corp (IOC), The Nation's Largest Refinery, In Its Overseas Ventures. They Had Even Set Up A Mauritius-Based Special Purpose Vehicle For Overseas Acquisition. All Overseas Assets That OIL Currently Holds Will Migrate To The New Subsidiary.

4780 Electrical Equipment Maker Eon Electric Is Investing Rs 400 Crore In Expansion Plans, Which Include Setting Up Of A Battery Manufacturing Facility In Haryana. The Plant Will Be Set Up At Faridabad In Haryana For Manufacturing Lithium-Ion Batteries, Which Are Used In Mobiles And Electric Cars. Investment In The Faridabad Plant Would Be To The Tune Of Rs 200 Crore. Lithium-Ion Technology Is Currently Imported In India. The Company Had Already Spent Rs 70 Crore Since The Start Of The Fiscal And The Rest Of Investment Would Be Made In The Remaining Period. Eon Electric Ltd Engaged In Manufacturing And Marketing A Wide Range Of High-Tech Electrical Products.

4779 Technopark-Based IT Engineering Company Triassic Solutions Pvt Ltd (TSPL) Signed An Mou With The Saudi Company Salamah Consulting Engineering (Sacen) In Al-Khobar, Saudi Arabia. Under The Agreement TSPL Would Offer IT Engineering Services And Products To The Saudi Company. Triassic Solutions Private Limited Is A Leading Engineering And Designing Solutions Provider Industry Verticals Like Financial Services, Automation, E-Learning, Transportation And Retail.

4778 The Joint Venture Company MMRF Realty & Infrastructure Has Launched Two Residential Projects In Chennai And More Are In The Pipeline. The Two Projects, Which Are Located On OMR, Are: Sai Enclave, An Apartment Block And Vista Oceana, Semi-Independent Luxury Villa. Sai Enclave Will Offer Apartments Of Rs 28-47 Lakh, About Rs 3,600 A Sq.Ft, With Apartments Ranging From 700 Sq.Ft To Over 1,300 Sq.Ft. The Project Offers Modern Amenities Including Power Backup, Fitness Centre And Play Area. Vista Oceana, At Padur, Close To The Muttukadu Backwaters, Offers 19 Semi Independent Villas Of Three-Bedrooms Each. The Sizes Range From About 2,400 Sq.Ft To 3,200 Sq.Ft And Are Priced From Rs 1.45 Crore To Rs 1.76 Crore. The Developers Are Planning To Launch A 25-Acre Township Later This Year With Over 450 Apartments On A Seven-Acre Plot. MMRF Is A Joint Ventures Of Mayflower Enterprises, Mount Housing & Infrastructure, Ramani Realtors, Fairyland Foundations, Four Of Coimbatore`S Most Renowned Constructions Giants.

4777 The State Government Of Gujarat Has Signed Tripartite Mou With The Department Of Telecommunications And Bharat Broadband Network Ltd In New Delhi To Establish An Optical Fibre-Based Network That Will Provide Broadband Connectivity To All Gram Panchayats In The State. Under This Mou All Villages Will Be Covered Under The National Optical Fibre Network. After Setting Up The Optical Fibre Network, All Villages Of The State Will Turn Into Evillages

4776 LNV Technology, A Chennai-Based Cement Equipment Manufacturing Company, Has Signed A Joint Venture Pact With Sinoma International Engineering (Hong Kong) Co., A Global Leader In Cement Engineering. As Per Contract Sinoma (Hong Kong) Will Hold 68 Per Cent Equity Of LNV Technologies. The Total Transaction Price Of This Deal Is Rs. 130 Crore. Sinoma International Engineering Has Successfully Completed More Than 1,000 Cement Production Lines Within China And More Than 150 Large Capacity Cement Plants, Including Mega Plants With A Capacity Of Over 10,000 Tonnes Per Day On EPC Basis. The New Joint Venture Eventually Would Expand The Local Manufacturing Of Products At International Quality Standards To Suit Indian Parameters.

4775 Siemens Ltd Has Bagged A Rs 104.4 Crore Contract From The Bangladesh Steels Re-Rolling Mills (BSRM) To Build A Gas Insulated Switchgear Substation. Under The Contract, Siemens'' Energy Sector Will Be Implementing The Project On A Turnkey Basis. Together With The 230kv/33kv GIS, Siemens Will Also Provide High-Performance, Reliable, Cost-Competitive And Energy-Efficient Technologies Such As Control Relay Panels And A Substation Automation System. The Project Is Expected To Be Commissioned In 15 Months. BSRM Will Be Utilising The GIS Substation To Provide Uninterrupted Power To Its New 1-MTPA Steel Plant.

4774 Maruti Suzuki India Has Signed An Agreement With RPG Life Sciences To Acquire A Land Parcel In Mumbai For An Undisclosed Amount To Set Up Its Regional Office. The Land Parcel Of 14,148.90 Sq Metre Out Of Total Land Of 48,632 Sq Metre Is Situated At Trans-Thane Creek Industrial Area In Navi Mumbai. Maruti Suzuki India Limited Commonly Referred To As Maruti And Formerly Known As Maruti Udyog Limited, Is An Automobile Manufacturer In India, It Is A Subsidiary Of Japanese Automobile And Motorcycle Manufacturer Suzuki.

4773 Telecom Service Provider Vodafone India And Auto Maker Mahindra & Mahindra Announced A Tie-Up For Mobile Connectivity Of Reva E2o, The Electrical Car. The Electric Car Will Now Be Fitted With Vodafone's SIM Cards, Or Mobile Connections, Through Which The Car Will Automatically Upload Its Status For Parameters. After This Connectivity Reva User Would Be Able To Access And Give Some Commands Like Starting The Car, AC Or Checking On The Car's Charge Before Undertaking A Trip From An Application Installed On Customer’s Mobile Phone.

4772 Israel Electric Corporation (IEC) Is An Israeli Government-Owned Corporation And Is The Sole Integrated Electric Utility In The State Os Israel Which Generate, Transmits And Distributes Substantially All The Electricity Used In The State Of Israel. IEC Has Appointed AIIF Infra Engineers Ltd As A “Project Advisor” For The Project Development Activities. IEC Through AIIF Infra Engineers Ltd. Invites RFI/EOI From Indian Supplier For EPC Work Of This Project. Under EPC Work For Project, Includes Supply & Design For Complete Steam Generator Package And Auxiliaries , Steam Turbine , BOP And Auxiliaries Package, Bulk Handling System, All Civil And Structural Work.

4771 Bajaj Auto And Kawasaki Heavy Industries Are Now Taking Their Partnership To Indonesia, Under Which Select Bajaj Products Will Be Assembled At Kawasaki’s Facility And Distributed Through Its Network. The First Product, Which Will Launch In Indonesian Market Will Be Pulsar 200 NS, And This Is Scheduled To Happen During This Financial Year. Recently, Two Wheeler-Makers Unveiled Kawasaki Ninja 300 In The Domestic Market. Bajaj Auto Ltd Is India's Leading Two Wheeler Manufacturers

4770 Mafatlal Industries Has Got An Approval From High Court Of Gujarat At Ahmedabad For The Scheme Of Arrangement And Amalgamation Of Mishapar Investments And Mafatlal Denim With Mafatlal Industries. The High Court Of Gujarat Has Passed An Order Filed By Mafatlal Denim As Transferor Company No 2 For Sanction Of The Scheme. Mafatlal Industries Ltd Is Engaged In Textile Industry.

4769 Tata Metaliks Gets Nod From West Bengal Pollution Control Board For Sinter Plant. The Commercial Operation Has Been Started At The Sinter Plant With Effect From 05 April 2013. Tata Metaliks Was Set Up As A Joint Venture Between Tata Steel And West Bengal Industrial Development Corporation To Manufacture Pig Iron At Its Plant At Kharagpur, West Bengal.

4768 Jyoti Ltd. Has Secured Orders Worth Rs 19.54 Crore For Irrigation Schemes. Jyoti Has Bagged As Order Worth Rs 15.35 Crore From M/S G. Shankar, Class-1 PWD Contractor For Complete EPC Of Electromechanical Work And Order Worth Rs 4.19 Crore From M/S. K. Doddahanumanuthappa . The Jyoti Group Of Companies Is A Conglomeration Of Industrial Units Involved In Manufacturing And Marketing A Wide Range Of Electrical And Hydraulic Engineering Equipment Used Extensively In The Vital Sectors Of National And International Economy

4767 Era Infra Engineering Has Secured A Contract From NTPC Valuing Rs 429.69 Crore For Civil Works Of Main Plant And Offsite Civil Works Package For Lara Super Thermal Power Project, Stage-I (2 X 800 MW) Located In Raigarh District Of Chhattisgarh. The Company's Scope Consists Of Entire Civil Works Of Main Plant And Offsite Work Including Construction Of Twin Flue 275 M High RCC Chimney With Steel Liner.

4766 SPML Infra Ltd Has Received Orders From Public Health Engineering Department, Government Of Rajasthan For Orders Totaling Rs. 417.79 Crores For Infrastructure Development Of Water Supply To Various Villages In The State Of Rajasthan. The Company Has Also Received An Order From Gwalior Municipal Corporation For Rs.30.15 Crore For Providing And Laying Of Trunk Sewer Within The Limit Of Municipal Corporation Gwalior. The Company Is Engaged In Engineering, Process Technology, Project Management, Procurement, Fabrication & Erection, Construction And Commissioning Work.

4765 Transmission Solutions Provider Sterlite Technologies Has Bagged Orders Worth Rs 630 Crore In The Fourth Quarter Of 2012-13 Fiscal, Including Telecom Contracts From Clients In Afghanistan And The US. Order Bookings From The Power Transmission Business Totalled Rs 430 Crore, Which Includes Orders From Power Grid Corporation Of India And Export Orders From Customers In Africa And Latin America. The Orders From Telecom Business Were Rs 200 Crore, Including Pilot Orders From New Clients In Afghanistan, The us And Kenya. Sterlite Technologies Limited Is A Leading Global Provider Of Transmission Solutions For The Telecom And Power Industries.

4764 Western India Shipyard Has Secured Orders From Its Esteemed Clients Namely, Arcadia Shipping, PFS Shipping And Chowgule & Company For Repair Of Coastal Vessels Which Have Arrived In Its Shipyard At Mormugao Port In Goa. The Scope Of Work Is Finalized; The Coast Guard Vessel And A Casino Vessel Of Delta Corporation Are Also Expected. The Value Of The Contracts During The Current Quarter Is About Rs 16 Crore. The Company Has Redelivered Tanker M. V. Premala To Mercator After Repairs, And A Passenger Vessel M. V. Horse Shoe To Delta Corporation Is Expected To Be Redelivered. Western India Shipyard Is One Of The World's Advanced Multi-Dimensional And Multi-Purpose Yard Offering Modern, Streamlined, Sophisticated Ship & Rig Repair Facilities And Industrial Services.

4763 Jayant Agro Organics Has Entered Into A Joint Venture (JV) Agreement With Arkema, A Global Chemical Company To Form A Strategic Joint Venture Through Jayant Argo’s Subsidiary, Ihsedu Agrochem. This Joint Venture Aims To Develop Castor Oil Production In Order To Provide Arkema With Long-Term Secure And Competitive Access To This Strategic Raw Material For The Manufacture Of Its Biosourced Polyamides. Jayant Agro Is A Leading Producer Of Castor Oil And Derivatives. It Has Been One Of Arkema's Main Suppliers From The Outset. Arkema Is One Of The Leading Players In The Castor Oil Sector With The Manufacture Of Its Biosourced Specialty Polyamides 10 And 11. Through This Joint Venture With Arkema, Jayant Argo And Its Subsidiary Ihsedu Will Further Consolidate Their Position In The Castor Oil Market As A Leading, Consistent And Reliable Supplier To The World Market.

4762 The Company Announced The Amalgamation Of The Company With Its Group Company Tata Steel With Effect From April 01, 2013. In Terms Of The Scheme, TML Will Be Amalgamated With TSL Followed By The Dissolution Of The Company Without Winding Up. Tata Metaliks Was Set Up As A Joint Venture Between Tata Steel And West Bengal Industrial Development Corporation To Manufacture Pig Iron At Its Plant At Kharagpur, West Bengal.

4761 The Gujarat Based Apollo Group Has Launched A Strategic Joint Venture (JV) With The Ammann Group Of Switzerland. The Ammann Group Now Holds A Controlling Stake Of 70% In Erstwhile The Consolidated Road Construction Equipment Business Of The Apollo Group. This Investment Marks The Entry Of The Ammann Group Into The Indian Market For Road Construction Equipment, Which Is Expected To Grow In View Of The Policy Thrust Of Government On Increasing The Road Network Across The Country. Gujarat Apollo Industries And Its Wholly Owned Subsidiary, Apollo Earthmovers Have Transferred Their Respective Identified Businesses, Being The Entire Product Portfolio Of Asphalt Plants And The Paver Business (Excluding The Crushing And Screening Business) To Apollo Construction Equipments On Slump Sale Basis.

4760 Gayatri Group Is Associated With Real Estate Development. Group Company Is Planning To Develop Residential Project Named Gayatri Aura At Noida Extension. Construction Cost Of Project Is Approx. 400 Cr With Approx 38 Lacs Sq Ft Built-Up Area. This Project Is Having Features Like, Lush Green Township In 17.5 Acres Plot, Facing Lush Green Area (60 Acres Approx.), 80% Open Area With 3 Side Roads, Facilities To Enjoy Resort Style Living And Construction Will Develop In 30 Months. Gayatri Aura Is Located At Sector- 1 GH -11, Greater Noida.The Company Is Invited Experienced Contractors For The Construction Of This High Rise Residential Buildings. Gayatri Group Is Agra’s Foremost Real Estate Developer With Presence In Agra, Greater Noida And Noida.

4759 Oil And Natural Gas Corporation Has Given Rs 24.32 Crore To Tripura Government For Building Up A World Class Sports Complex And Stadium At Badhargha, Agartala. The State Government Has Undertaken A Project Of Rs 122 Crore To Develop A World Class Sports Complex At Badharghat For Which The ONGC Has Contributed The Amount.

4758 Eveready Industries India Is Mulling To Form A Joint Venture With An Interested Party To Develop Its Hyderabad And Noida Properties Which Have Been Put For Sale For Quite Some-Time Now. If The Company Forms A JV To Develop The Properties, It May Engage Its Sister Company Mcnally Bharat Engineering Company For Construction. The Company Expects The Deal To Happen Only Over Next 8 To 12 Months. The Company Is Trying To Offload Some Of Its Surplus Land To Retire Its Debt Of Rs 270 Crore, Which Is In Line With Its Plan Of Being A Debt Free Company By 2015. By 2013-14,

4757 Cords Cable Industries Has Achieved Large Value Orders From Its Newly Added Prestigious Client, Leighton Welspun Contractors. The Company Has Bagged Two Orders Totaling To Over Rs 8 Crore For The Supply Of Instrumentation Cables Towards Oil Exploration, And Power Generation And Distribution Projects Undertaken In Rajasthan. Cords Cable Industries Limited Is The Largest Instrumentation Cable Maker In India.

4756 Eastern Treads, Has Received An Approval For The Proposal To Take Building, Plant And Machinery On Lease. The Company Is A Member Of Rs 600-Crore Eastern Group. The Company Has Also Received Approval For Rent Agreement With Eastea Chai. Besides, The Board Decided To Avail Bank Loan From Federal Bank And Approved The Internet Banking Facility For The Bank Accounts Of The Company. Eastern Treads Ltd Is Engaged In The Manufacturing Of Quality Pre-Cured Tread, Cushion/Bonding, Gum And Black Vulcanizing Cement.

4755 Jindal Stainless Has Signed A Memorandum Of Understanding (Mou) With POSCO (Formerly Pohang Iron And Steel Company) For Long-Term Joint Business Opportunities. This Mou Is Applicable For 3 Years, Which Can Be Extended By Mutual Agreement. The Mou Includes Long Term Based Supply Of 200 Series Stainless Steel Products Of The Company To POSCO Or Its Subsidiaries. They Will Also Review Joint Co-Operation In The Company's Odisha Project And On Overseas Joint Projects Including But Not Limited To The Establishment Of Service Centers And Cold Rolling Mills

4754 Hindustan Petroleum Corporation Has Inked Memorandum Of Understanding With Ministry Of Petroleum & Natural Gas (MOP&NG) For The Year 2013-14. The Mou Targets Comprise Both Financial And Physical Parameters Covering Entire Gamut Of Operations Of The Corporation. The Mou Targets Are Set As Per DPE Guidelines In Consultation With MOP&NG And Approved By DPE. The Performance Of The Corporation For The Year Vis-A-Vis Mou Targets Is Evaluated By DPE And Rating Given. The Performance Related Pay Is Directly Linked With Mou Rating Of The Corporation

4753 Dr Reddy’s Laboratories Has Plans To Relocate Their North America Headquarters And Establish A R&D Centre In Princeton, New Jersey. The Company Has Entered Into Two Lease Agreements For A 75,500 Square Foot Office Facility And A 31,000 Square Foot Office/Lab At 107 College Road East And 303 College Road East Respectively With National Business Parks. The New North America Headquarters Will House The Generics, Biologics, PSAI And Proprietary Product Businesses As Well As The Corporate Support Functions Within North America. It Is Projected To Employ 300+ People As The US Businesses Within Dr Reddy’s Continue To Expand In The Coming Years. The Lab Facility Will Undergo A Redesign To Accommodate Dr Reddy’s Product Development And Analytical Laboratory Requirements. Approximately 20,000 Square Feet Of Space Will Be Part Of The Initial Phase Of Redesign. Dr. Reddy's Laboratories Ltd, Is An Integrated Pharmaceutical Company Focused On Providing Medicines Through Its Three Business Segments: Global Generics Segment, Pharmaceutical Services And Active Ingredients (PSAI) Segment And Proprietary Products Segment

4752 Oil And Natural Gas Corporation Has Signed A Memorandum Of Understanding With KK Birla Group Company, Chambal Fertilisers And Chemicals. Mou Was Signed In The Presence Of Tripura Chief Minister Manik Sarkar For Setting Up A Fertiliser Unit In Unakoti District, Near Agartala, Tripura. The Estimated Cost Of The Project For Producing 1.3 Million Tonne Of Fertiliser Per Annum Is Rs. 5,000 Crore. The Construction Would Be Completed By 2016. Chairman And Managing Director (CMD) Of ONGC, Mr. Sudhir Vasudeva Said, The Ratio Of Share Of The New Fertilizer Company Named As Khobal Fertiliser Company Would Be 50-50 And If Any New Partner Is Available Then Share Could Be Reduced.

4751 CABB Karnavati Rasayan Ltd, Will Invest Rs 15 Crore On Upgrading Technology At Its Changodar Plant, Ahmedabad. CABB Karnavati Rasayan Ltd, A Joint Venture Of The Germany-Based CABB Group And The Ahmedabad-Based Karnavati Rasayan Ltd. The Company Is India’s Market Leader In Monochloroacetic Acid And Sodium MCA (SMCA). MCA Is Widely Used In The Personal Care, Food, Agrochemicals, Pharmaceuticals And Plastics Industries. The Company Will Introduce Advanced Technology For The Manufacture Of High Quality Monochloroacetic Acid. The Plant’s Capacity Would Not Be Increased From The Existing 20,000 TPA. Recently, CABB Had Launched KARNA, A Multi-Million Dollar Investment Project Run By Experts From Germany And India. Recently Company Has Signed An Mou For A Joint Venture With Jinwei Specialty Chemicals Company Ltd In China.

4750 Tata Communications Ltd (TCL) Has Bagged A $20 Million Deal For 5 Years From Consultancy Mott Macdonald For Redesigning Its Telecom Infrastructure And Related Services. The Company Will Redesign Wide Area Network, Meant For Use By Employees Within An Organisation, And Infrastructure For Global Unified Communications To Enable Mott's To Centralise Software And Other Technical Applications. This Project Will Further Ameliorate Collaboration Between 15,000 Employees Of Mott Across 50 Countries. Tata Communications Is An Indian Global Telecommunications Company. It Owns A Submarine Cable Network, A Tier-1 IP Network, And Also Rents Data Center And Colocation Space.

4749 Bangalore Based, Ardexendura India Pvt Ltd (AEIPL), A Joint Venture Between ARDEX Group, Germany And Prism Cement Limited India Has Announced The Setting Up Of Two State-Of-The-Art Manufacturing Plants In India At A Combined Investment Of Rs 40 Crore. The Plants Will Be Set Up In Bangalore, Karnataka And At Durgapur, West Bengal During The Third Quarter Of FY 2013. The New Plants Will Strengthen The Prism Cement’s Position In (Tile-Fixing) Adhesive, Flooring Products, Water Proofing Concrete Repair And Allied Products’ Market. Prism Cement Limited Is One Of India's Leading Integrated Building Materials Companies; With A Wide Range From Cement, Ready-Mixed Concrete, Tiles, And Bath Products To Kitchen.

4748 Apollo Tyres Ltd Is Planning To Establish A Greenfield Manufacturing Facility In Thailand Or Indonesia, With An Initial Investment Of Rs 16 Billion. Apollo Tyres Is India's Largest Tyre Maker. The Company's Vice Chairman And Managing Director Mr. Neeraj Kanwar Said “We Are In The Final Stages Of Discussions With The Thailand And Indonesian Authorities For The Location Of This Facility And Are Aiming To Get The Unit Ready In Two Years”. The Unit Will Initially Produce 16,000 Passenger Cars Tyres And 1,500 Truck/Bus Radials Per Day And Will Serve To The Demand In The Association Of Southeast Asian Nations Region And China. The Company Will Raise The Capital For The New Plant Through Internal Accruals And Debt.

4747 Shasun Pharmaceuticals And Debiopharma Group, Have Entered Into A Licensing Agreement For The Manufacturing And Commercialization Of Huperzine-A. Shasun Pharmaceuticals Is A Pharma Company From Chennai. And Debiopharma Group Is A Swiss-Based Global Biopharmaceutical Group. According To Agreement, Shasun Pharma Will Be Able To Use The Debiopharm Technology For The Manufacture Of Synthetic Huperzine-A Under GMP Quality Conditions And Commercializes It In Pharmaceutical And Nutraceutical Markets. According To Clinical Studies Huperzine-A Have Shown A Significant Improvement In Memory Deficit And Cognitive Performance In Patients With Alzheimer's Disease. Huperzine-A Is Commercially Available Through Shasun Pharmaceuticals. The Manufacturing Technology Involves A 10-Stage Chemical Synthesis Process Including A Complex Chiral Organometallic Step As A Key Transformation Of The Huperzine-A Structure. The Synthesis Is A Result Of A Joint Collaboration Between Shasun's Research Centers In Chennai And The UK.

4746 Poddar Developers' Subsidiary- Poddar Habital Is Launching A Affordable Housing Project 'Poddar Navjeevan' At Atgaon, On The Occasion Of 'Gudi Padwa'. "The Poddar Developer Is Associated With Garment Manufactures. It Also Provides Realty Services.

4745 Ashiana Housing Ltd, A New Delhi-Based Real Estate Developer Has Received Land Conversion Approval For Its Project In Halol Near Vadodara. The Company Will Develop Low-Rise Affordable Housing Project With Over 500 Units Spread Across 10.65 Acres. The BSE-Listed Ashiana Housing, Which Has Also Developed Luxurious Residential Properties In Lavasa Near Pune, Will Focus On Industrial Houses In Gujarat. Accordingly Mr. Sunit Gandhi, Vice President Of Ashiana Housing Ltd. “We Have Received The Land Conversion Approval. The Project Cost Is Around Rs 100 Crore, Which Will Be Met Through Internal Funds. The Land At Halol, One Of The Important Industrial Clusters In Gujarat Was Earlier Under 'Agricultural Land’ Category. It Has Received The Status As 'Non-Agricultural Land For Residential Purpose'. The Land Is Situated In Kanjari Village Of Halol Taluka, Gujarat And Will Be Utilized To Develop A Group Housing Project With Total Saleable Area Of Approximately 6,40,000 Square Feet. The Project Is Expected To Launch By The Third Week Of May.

4744 Balaji Amines Has Successfully Commissioned New Plant For The Manufacture Of Di-Methyl Formamide With An Installed Capacity Of 100 M.T. Per Day. Balaji Amines Is Engaged In Manufacturing Of Methylamines, Ethylamines, Derivatives Of Specialty Chemicals And Natural Products.

4743 Shoppers Stop Is One Of The Leading Retail Stores In India, Promoted By The K Raheja Corp Group. In A Bid To Expand Its Various Brands Of Retail Stores, Shoppers Stop Is Planning To Spend Around Rs 125 Crore This Year. The Investment Would Be Garnered From Internal Accruals And Can Also Be Arranged From Debt If Required. The Company Is Planning To Add Around 20 Stores Across Its Brands During The Period. Of Which, The Company Will Open Around 10 More Department Stores, 3 Large Formats Hyper Market Hypercity Stores, 3 Homeshop Stores And Five Speciality Stores Across Its Other Brands

4742 Maruti Suzuki India Is Planning To Set Up A Plant In South Africa To Supply Vehicles To Nearby Markets In The Region. Maruti Suzuki Is An Automobile Manufacturer In India. It Is A Subsidiary Of Japanese Automobile And Motorcycle Manufacturer Suzuki. An Internal Team Will Look At The Feasibility Of A Plant In South Africa And A Decision Should Be Taken In 4-5 Months, Reported Maruti.The Auto Company May Use Its Cash Reserves Of Over Rs 7000 Crore For Global Expansion Plan.

4741 Aditya Birla Nuvo Has Received An Approval From High Court Of Bombay For Scheme Of Arrangement Between Pantaloons Retail (India) And Peter England Fashions And Retail (PEFRL), And Their Respective Shareholders And Creditors And Indigold Trade And Services As Shareholder Of PEFRL And A Certified Copy Of The Order Has Been Filed With The Registrar Of Companies, Maharashtra. The Scheme Effective From Month Of April. Accordingly, The Pantaloons Fashion Retail Business Of PRIL Has Been Transferred By Way Of Demerger To PEFRL With Effect From The Effective Date. Aditya Birla Nuvo Is A Part Of Aditya Birla Group. The Company Is Present Across Financial Services, Telecom, Fashion & Lifestyle, IT-Ites And Manufacturing Businesses.

4740 ICICI Bank Has Inked A Memorandum Of Understanding (Mou) With A Pan-African Lender Ecobank Transnational (ETI), In Order To Make Itself A Hub For Indian Investment Into Africa. With This Deal, ETI Aims To Attract Developing Country’s Investors To Go Through Its Bank, In Order To Do Business In Sub-Saharan Africa. ICICI Is The Second Largest Bank In India By Assets And Third Largest By Market Capitalization.

4739 Jet Airways, Country's Private Air Carrier Has Inked A Pact With The Dubai-Based Dnata, In Order To Provide Visa Services To The UAE-Bound Travelers From The Country. It Will Help The Travelers Travelling From India To Abu Dhabi, Dubai And Sharjah With The Option To Individually Secure Their Visa Prior To Departure. Under The Agreement, The Dnata Will Also Be Responsible For Offering Welcome Bookings Services, By Offering A Wide Variety Of Meet And Greet Services At The Dubai Airport Including Assistance At The Baggage Belt Area And Airport Formalities For Fast Track Immigration Clearance And Access To Marhaba Lounges

4738 Aegis Logistics Ltd Has Announced Successful Phase 1 Commissioning Of The Bulk Liquid Terminal Located At Haldia. The Capacity Expansion At Haldia Is A Greenfeild Project To Set Up Bulk Liquid Terminal With 19 Tanks Totaling To The Storage Capacity Of 60,190 KL. Now With Phase 1 Commissioning, 5 Tanks Will Be Operational And Will Have A Storage Capacity Of 15,100 KL. New Terminal Shall Store And Handle Liquid Cargo, Furnace Oil, Lube Oil, Etc. The Expanded Facilities At The Eastern Port Shall Enable The Company To Expand Its Horizons By Catering To Market Of North-East And Eastern States As Well As Opportunity To Handle Products For Neighboring Countries. Aegis Logistics Limited, Is India’s Leading Oil, Gas, And Chemical Logistics Company.

4737 Chennai Petroleum Corp Ltd, A Subsidiary Of Indianoil Corp Ltd, Has Got Environment Clearance For Its Rs 3,350-Crore Expansion Project At The Manali Refinery Near Here. Company Officials Said The Project Would Help Process Heavier, High Sulphur Crude, Which Is Also Cheaper. The Clearance Has Been Delayed Mainly Because Of A Ban Imposed By The Ministry Of Environment And Forests On New Expansion Projects In The Manali Industrial Region. The Project Got The Ministry's Clearance; It Will Take Close To Three Years To Finish The Project. Total Cost Of The Project, Which Was Mentioned In The Ministry's Document, Is Now Estimated At Rs 3,357 Crore. When The Project Was Announced, The Company Said It Would Attract An Investment Of Rs 3,100 Crore. The Project Includes A Coker Unit (2.2 Million Tonnes Per Annum) And A Sulfur Recovery Unit At The Manali Refinery Complex.

4736 Jaiprakash Power Ventures Has Commenced Commercial Operations Of Its Second Unit Of 250 MW Of Phase-I (2 X 250 MW = 500 MW) Of Jaypee Bina Thermal Power Plant (JBTPP), A Division Of Jaiprakash Power Ventures Limited. JBTPP Has Commenced Commercial Operations Effect From April 07, 2013. Phase-I Of 500 MW Of JBTPP Stands Fully Commissioned. Jaiprakash Power Ventures Is Part Of India’s Leading Infrastructure Conglomerate - Jaypee Group.

4735 TVS Motor Company And BMW Motorrad Have Signed A Long-Term Cooperation Agreement With The Aim To Develop And Produce A New Series Of Motorcycles That Will Cater To The Segment Below 500 Cubic Centimetres. Stepan Schaller, President BMW Motorrad Said, In View Of The Changing Motorcycle Market, Demographics Development And Increasing Environmental Demands, We Are Expanding Our Product Range So As To Tap Into Fresh Growth Potential. The Cooperation Agreement Involves The Two Companies Each Offering Their Own Vehicle Derivatives, Which Will Be Sold Through Their Own Distribution Channels In India And Across The Globe.

4734 Adani Enterprises Has Announced Commencement Of Its Ambitious Integrated Coal Mine Developer Cum Operator (MDO) Operations With The Start Of Coal Production At The Parsa East-Kanta Basan Mine In Chhattisgarh, Owned Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL), A State-Run Power Generation Utility Of Rajasthan. This Is The First Amongst The Four Mine Developer Cum Operator (MDO) Contracts Bagged By Adani Enterprises. The Company Has Outlined A Phased Capital Outlay Of Rs 3,000 Crore For The Entire Block. With This Achievement Adani Enterprises Is Set To Emerge As The Largest Private Coal Miner With Access To Produce Coal Of Up To 90 Million Tonnes And Reserves Of Over 3 Billion Tonnes Over Next 30 Years, Enough To Produce About 18,000 Megawatts Of Electricity By State Electricity Boards.