India Business Insight articles from December 2006

India Business Insight archives from December 2006

PFIZER'S INHALED INSULIN PERMITTED FOR TRIALS IN INDIA (trials will be conducted by Quintiles in India).
December 31, 2006... (From India Business Insight) Pfizer has obtained permission to conduct clinical trials in India for Exubera, inhaled insulin drug candidate, which is used for the treatment of Type 1 and Type 2 diabetes. The trials will be conducted by...

ANAMOL LABS TO MANUFACTURE HEALTHCARE PRODUCTS (company has moved to Tarapur, Boisar, where it is setting up 25,000 sq ft plant).
December 31, 2006... (From India Business Insight) Anamol Laboratories, a Pune-based pathology lab, has forayed into manufacturing of healthcare products. The company intends to manufacture and supply expensive biotechnological products at economical price....

VIRCHOW BIOTECH TO START CLINICAL TRIALS WITH VIRKINASE (proposed trial will be conducted on 75-100 subjects with acute myocardial infraction).
December 31, 2006... (From India Business Insight) The Genetic Engineering Approval Committee (GEAC) has allowed Virchow Biotech to conduct clinical trials with Virkinase (recombinant Streptokinase) in India. The GEAC has recommended the product for Phase...

NPIL SIGNS MANUFACTURING PACT WITH GLOBAL FIRM (to manufacture and supply select hospital care products).
December 31, 2006... (From India Business Insight) Nicholas Piramal India Ltd (NPIL) has signed a manufacturing and supply agreement with a large global hospital products company. According to the 10-year agreement, to be renewed annually, NPIL will...

NOVARTIS INDIA SEEKS PERMISSION TO IMPORT XOLAIR (a monoclonal antibody indicated for the treatment of asthma).
December 31, 2006... (From India Business Insight) Novartis India has sought the permission of Genetic Engineering Approval Committee (GEAC) to import Xolair (omalizumab) in finished formulations from the US for marketing in India. Xolair, the recombinant...

THE IRISH CONNECTION (the Irish Software Association signed has a memorandum of understanding with the National Association of Software & Services Companies).
December 30, 2006... (From India Business Insight) In early 2006, the Irish Software Association (ISA) signed a memorandum of understanding (MoU) with the National Association of Software & Services Companies (Nasscom) to foster better links between the...

HUTCH AND MICROSOFT ANNOUNCE MOBILE SEARCH ALLIANCE (and other Windows Live services to more than 21 million Hutch subscribers in India).
December 30, 2006... (From India Business Insight) Hutchison Essar and Microsoft Corporation have entered into an alliance to provide mobile search and other Windows Live services to more than 21 million Hutch customers in India. The Windows Live services...

BSNL'S LOCATION-BASED SERVICES (enables its mobile subscribers to track buddies, locate resources on map and make new friends).
December 30, 2006... (From India Business Insight) Bharat Sanchar Nigam Ltd (BSNL) has launched location-based services enabling its mobile subscribers to track buddies, locate resources on map and make new friends through location-based chatting service....

MOTOROLA OPENS R&D CENTRE IN HYDERABAD (with an investment of Rs60 crore).
December 30, 2006... (From India Business Insight) Motorola has invested Rs60 crore to set up a research and development (R&D) centre in Hyderabad with a capacity to accommodate more than 1,000 engineers. The facility will conduct R&D on cutting edge...

NOKIA BAGS $400-MILLION AIRTEL CONTRACT (for 3 years).
December 30, 2006... (From India Business Insight) Nokia has got a $400-million 3-year contract from Bharti Airtel. Under the contract, Nokia will expand Airtel's managed global system of mobile communications (GSM)/general packet radio service...

MEGASOFT INKS $1-MILLION DEAL (with Teletalk Bangladesh).
December 30, 2006... (From India Business Insight) Megasoft has signed a deal worth $1 million with Teletalk Bangladesh. It will provide SMS Auto Correct, PowerRoam, SmartRoute, Welcome Notification, InstaRoam and SMS aggregation among others.

WIPRO BAGS DENA BANK DEAL (worth Rs304 crore).
December 30, 2006... (From India Business Insight) Wipro Infotech has got a contract for providing information technology (IT) outsourcing service to Dena Bank for 10 years. Under the deal Wipro will provide comprehensive applications and infrastructure and...

ICS-BEXIMCO DEAL (the Beximco group awards a consulting and implementation contract to Infinite Computer Solutions).
December 30, 2006... (From India Business Insight) The Beximco group of Bangladesh has given a contract to Infinite Computer Solutions (ICS). Under the deal, ICS will provide process- consulting services and implement enterprise-wide business intelligence...

KERALA LAUNCHES EDUCATIONAL WEBSITE (www.padavukal.org).
December 30, 2006... (From India Business Insight) The Kerala State Information Technology Mission has launched www.padavukal.org, an educational Website in Malayalam. The portal features 600 pages of multimedia content on several topics - courses of...

MOBILE2WIN RECEIVES $15 MILLION FUNDING (from Norwest Venture Partners).
December 30, 2006... (From India Business Insight) Norwest Venture Partners (NVP), along with Nexus India Capital Partners, has provided $15 million venture capital funding to Mobile2win.Mobile2win is a mobile content and applications services provider.

MAKEMYTRIP HELPS INDIAN EXPRESS (to power the newly launched travel channel of www.ExpressIndia.com).
December 30, 2006... (From India Business Insight) Indian Express Online has entered into an agreement with www.MakeMyTrip.com under which the latter will power the newly launched travel channel of www.ExpressIndia.com. The travel channel will be promoted...

TCS BAGS $100 MILLION DEAL (from Kimberly-Clark, a healthcare company of the US).
December 30, 2006... (From India Business Insight) Kimberly-Clark, a healthcare company of the US, has awarded a $100- million contract to Tata Consultancy Services (TCS). This deal is one of the largest outsourcing contracts awarded by Kimberly-Clark.

IGATE, RADIAN DEAL (to provide application development services).
December 30, 2006... (From India Business Insight) iGATE Global Solutions has signed an accord with the Radian group to offer Radian with application development services across its mortgage insurance platforms and infrastructure. This is the first time that...

US TECHNOLOGY RESOURCES OPENS NEW CENTRE (in Chennai).
December 30, 2006... (From India Business Insight) US Technology Resources (USTR) has opened a new facility in Chennai. It also proposes to launch soon smaller centres that would work with the Thiruvananthapuram centre and the new unit at Chennai on the...

TATA SONS SELLS 0.86% IN TCS (and raises Rs900 crore).
December 30, 2006... (From India Business Insight) Tata Sons has divested 0.86 percent of its stake in Tata Consultancy Services (TCS) to mobilise Rs900 crore. It owns 79.5 percent equity stake in TCS. In a deal, which was carried out on the Bombay...

INFY SPONSORED ADS OFFER PRICED AT $53.5 (3,00,00,000 American depositary shares on offer).
December 30, 2006... (From India Business Insight) Infosys Technologies Ltd has priced its sponsored secondary offering of 3,00,00,000 American depositary shares (ADS), representing 3,00,00,000 equity shares, at $53.50 per ADS. The pricing excludes...

FACILITY FOR DANSKE BANK (in Bangalore).
December 30, 2006... (From India Business Insight) ITC Infotech has invested Rs3.75 crore to set up a dedicated development centre for Danske Bank, the largest bank of Denmark, in Bangalore. The centre will be a virtual extension of the Danske Bank's...

WIPRO'S NEW ALLIANCE (with Manhattan Associates).
December 30, 2006... (From India Business Insight) Wipro Technologies and Manhattan Associates have entered into an alliance under which Wipro will use its Centre of Excellence (CoE) for supply chain management and developing tools, frameworks and...

HCL TECHNOLOGIES-CELESTICA JOINT VENTURE (to provide concept-to-manufacturing solutions for original equipment manufacturers).
December 30, 2006... (From India Business Insight) HCL Technologies has signed an accord to form a joint venture with Celestica to provide concept-to-manufacturing (C2M) solutions for original equipment manufacturers (OEMs). This move is likely to...

SYMANTEC OPENS SECURITY RESPONSE LABORATORY (at its Centre of Innovation in Pune).
December 30, 2006... (From India Business Insight) Symantec has inaugurated a global security response laboratory at its Centre of Innovation in Pune. The laboratory will provide 24x7 multilingual security threat expertise to its customers all over the...

SCOPE INTERNATIONAL EXPANDS TO IT HIGHWAY (setting up 2 more centres in Chennai).
December 30, 2006... (From India Business Insight) Scope International has established 2 more centres in Chennai. The centre in Thygaraja Nagar has 4 floors housing the UAE contact centre. The centre at TIDEL Park will house a part of the company's...

WEST BENGAL FOR INFORMATION TECHNOLOGY PARK (near the Indian Institute of Technology at Kharagpur).
December 30, 2006... (From India Business Insight) The Government of West Bengal intends to set up an information technology (IT) park near the Indian Institute of Technology (IIT) at Kharagpur. The IT park is intended for software companies and...

CHANDRABHAGA SSK TO EXPAND CAPACITY (of its sugar unit at Vasantnagar).
December 30, 2006... (From India Business Insight) Chandrabhaga SSK Limited proposes to expand the capacity of its sugar unit at Vasantnagar in Maharashtra from 2,500 to 3,000 tccpd. It will also set up a distillery unit of 30-klpd capacity. Both will entail...

SAHYADRI SSK TO EXPAND CAPACITY (of its sugar unit at Yashwantnagar).
December 30, 2006... (From India Business Insight) Sahyadri SSK Limited envisages expansion of capacity of its sugar unit at Yashwantnagar in Maharashtra from 7,500 to 10,000 tccpd. It will also set up two co-generation power units of 25 MW each. Work on...

SP TEXTILE PROCESSORS TO EXPAND CAPACITY (of its dyed yarn unit at Chithode).
December 30, 2006... (From India Business Insight) SP Textile Processors Private Limited is to expand the capacity of its dyed yarn unit at Chithode in Tamil Nadu from 540 to 1,860 tonnes per annum. Work on the expansion programme will commence by Jan 2007...

SHIVOM COTSPIN TO SET UP COTTON YARN UNIT (at Kheri in Himachal Pradesh at an investment of Rs25 crore).
December 30, 2006... (From India Business Insight) Shivom Cotspin Private Limited is setting up a facility at Kheri in Himachal Pradesh to manufacture cotton yarn. It will have a capacity of 12,000 spindles and will entail an investment of Rs25 crore. Work is...

AVANI TEXTILES TO SET UP COTTON YARN UNIT (at Sangrur with 26,400 spindles).
December 30, 2006... (From India Business Insight) Avani Textiles Limited is setting up a facility at Sangrur in Punjab to manufacture cotton yarn. It will have a capacity of 26,400 spindles. Work on the unit is in progress and will be completed by Oct...

RASOYA PROTEINS TO SET UP COTTON YARN UNIT (at Wadgaon at an investment of Rs85 crore).
December 30, 2006... (From India Business Insight) Rasoya Proteins Limited proposes to set up a cotton yarn unit at Wadgaon in Maharashtra at an investment of Rs85 crore. It will have a capacity of 25,000 spindles. Work on the unit will begin by the end...

SHIVANGI CRAFT TO EXPAND CAPACITY (of its polyester yarn unit at Kashipur).
December 30, 2006... (From India Business Insight) Shivangi Craft Limited is enhancing the capacity of its polyester yarn unit at Kashipur in Uttaranchal from 11,000 to 27,880 spindles. Work on the expansion programme is in progress and will be completed by...

SWAMI SAMARTH SSK TO SET UP DISTILLERY (at Akkalkot along with a co-generation power unit).
December 30, 2006... (From India Business Insight) Swami Samarth SSK Limited proposes to set up a distillery unit with a capacity of 30 klpd at Akkalkot in Maharashtra. It will also include a 16-MW co-generation power unit. Work on the project is to...

RAMNAGAR CHINI MILLS TO SET UP DISTILLERY (at Sitapur in Uttar Pradesh).
December 30, 2006... (From India Business Insight) Ramnagar Chini Mills Limited is setting up a distillery unit at Sitapur in Uttar Pradesh with a capacity of 120 klpd. Machinery installation is in progress and the unit will be operational by Mar 2007.

SHREE CEMENT SETS UP CEMENT GRINDING AND CLINKER UNIT (at an investment of Rs160 crore).
December 30, 2006... (From India Business Insight) Shree Cement Limited is coming up with a cement grinding and clinker unit at Ajmer in Rajasthan with a capacity of 2 million tonnes per annum (tpa) and 1.5 million tpa respectively. This will entail an...

JK CEMENT TO SET UP UNIT IN KARNATAKA (at an investment of Rs120 crore).
December 30, 2006... (From India Business Insight) JK Cement Limited proposes to set up a cement unit at Bellary in Karnataka with a capacity of 1 million tonnes per annum. This will entail an investment of Rs120 crore. Work on the unit is to commence by...

MAHARASHTRA ACCOUNTS FOR THE HIGHEST NUMBER OF PROJECTS IN NOV 2006 (with 76 projects valued at Rs7,381 crore).
December 30, 2006... (From India Business Insight) Out of 467 projects valued at Rs27,078 crore for the whole of India in Nov 2006, Maharashtra accounted for 76 projects worth Rs7,381 crore. Karnataka came next with 41 projects valued at Rs4,816 crore....

PATNAIK STEELS AND ALLOYS SETS UP SPONGE IRON UNIT (at Purunapani in Orissa in two phases).
December 30, 2006... (From India Business Insight) Patnaik Steels and Alloys Limited is coming up with a sponge iron unit at Purunapani in Orissa. The unit will come up in two phases and will have a capacity of 350 tonnes per day (tpd). Phase I will...

MARK STEELS TO EXPAND CAPACITY (to double the capacity of its sponge iron facility at Purulia).
December 30, 2006... (From India Business Insight) Mark Steels Limited is to enhance the capacity of its sponge iron facility at Purulia in West Bengal from 200 to 400 tonnes per day. Work on the expansion plan will commence by Mar 2007 and will be...

RAMSARUP INDUSTRIES SETS UP A STRUCTURAL MILL (at an investment of Rs90 crore).
December 30, 2006... (From India Business Insight) Ramsarup Industries Limited is setting up a structural mill at Durgapur in West Bengal with a capacity of 1,80,000 tonnes per annum. The project will involve an investment of Rs90 crore. Civil work will...

MOHIT PETROCHEMICALS TO SET UP AN IRON AND STEEL CASTING UNIT (at an investment of Rs10 crore).
December 30, 2006... (From India Business Insight) Mohit Petrochemicals Private Limited envisages setting up of an iron and steel castings unit at Bijnor in Uttar Pradesh. The unit will have a capacity of 10,000 tonnes per annum and will involve an...

KSM CONSTRUCTION HOLDINGS SETS UP STEEL WIRES UNIT (with a capacity of 10,000 tpa).
December 30, 2006... (From India Business Insight) KSM Construction Holdings Private Limited is setting up a steel wires unit at Naila Pandua in West Bengal. It will have a capacity of 10,000 tonnes per annum. Work is in progress and will be completed by...

SERVICES AND UTILITIES CLAIM LION'S SHARE OF PROJECTS (with 244 projects worth Rs9,503 crore representing 42.66% share).
December 30, 2006... (From India Business Insight) Out of 466 new projects valued at Rs22,278 crore initiated in Nov 2006, Services and utilities sector accounted for a major share with 244 projects worth Rs9,503 crore (42.66 percent). Manufacturing sector...

LAL TRADES AND AGENCIES TO SET UP IRON ORE UNIT IN ORISSA (with a capacity of one million tpa).
December 30, 2006... (From India Business Insight) Lal Trades and Agencies Private Limited proposes to set up a sized iron ore unit at Badampahar in Orissa with a capacity of one million tonnes per annum. Work on the unit will commence by Feb 2007.

SANY HEAVY INDUSTRIES TO SET UP CONSTRUCTION EQUIPMENT UNIT (at an investment of Rs300 crore).
December 30, 2006... (From India Business Insight) Sany Heavy Industries Company proposes to set up a construction equipment unit at Talegaon in Maharashtra at an investment of Rs300 crore. It will have an annual capacity of 15,000 Nos. Work on the plant...

SHRI ASHUTOSH STRUCTURES TO EXPAND CAPACITY (of its transmission line tower parts and railway structure parts unit at Hirapur).
December 30, 2006... (From India Business Insight) Shri Ashutosh Engineering Industries Private Limited is enhancing the capacity of its transmission line tower parts and railway structure parts unit at Hirapur in Chhattisgarh from 9,000 to 25,000 tonnes per...

SAS BRAKETECH TO SET UP AUTOMOBILE ANCILLARIES UNIT (at Neemrana in Rajasthan).
December 30, 2006... (From India Business Insight) SAS Braketech Private Limited envisages setting up of an automobile ancillaries unit at Neemrana in Rajasthan with a capacity of 1,800 tonnes per annum. Work on the facility is to start by the end of Dec...

UNITECH MACHINES TO SET UP AUTOMOBILE ANCILLARIES UNIT (at Roorkee at an investment of Rs10 crore).
December 30, 2006... (From India Business Insight) Unitech Machines Limited is putting up a unit at Roorkee in Uttaranchal to manufacture automobile ancillaries at an investment of Rs10 crore. It will manufacture auto generator of 100 sets per month and auto...

ENNORE PORT TO SET UP SHIPYARD (on the East Coast of India).
December 30, 2006... (From India Business Insight) Ennore Port Limited proposes to set up a global size shipyard on the East Coast of India on build, own and transfer basis. Expressions of Interest will be received upto 31 Jan 2007.

RASOYA PROPERTIES TO SET UP POWER UNIT (at an investment of Rs50 crore).
December 30, 2006... (From India Business Insight) Rasoya Proteins Limited proposes to set up a 10-MW coal-based unit at Kalamana in Maharashtra at an investment of Rs50 crore. The company will sign a Power Purchase Agreement with the Maharashtra State...

KUKADI SSK TO SET UP CO-GENERATION POWER UNIT (at an investment of Rs2 crore).
December 30, 2006... (From India Business Insight) Kukadi SSK Limited is putting up a 2-MW co-generation power unit at Shrigonda in Maharashtra at an investment of Rs2 crore. Work is in progress and will be completed by Jan 2007.

SHRI SIDDHESHWAR SSK TO SET UP CO-GENERATION POWER UNIT (at Kumathe in Maharashtra).
December 30, 2006... (From India Business Insight) Shri Siddheshwar SSK Limited is to set up a 18-MW co-generation power unit at Kumathe in Maharashtra. The company is in the process of finalising consultants for the project. Work will begin by Jan 2007.

CENTRE FOR DEV OF ADVANCED COMPUTING TO HAVE A NEW BUILDING (at Jasola in Delhi).
December 30, 2006... (From India Business Insight) The Centre for Development of Advanced Computing proposes to get a building constructed at Jasola in Delhi. Bids for the work will be received upto 2 Jan 2007.

MAHARASHTRA PWD TO CONSTRUCT CENTRAL JAIL (at Oras at a cost of Rs7.81 crore).
December 30, 2006... (From India Business Insight) The Public Works Department of Maharashtra plans to construct a central jail at Oras at a cost of Rs7.81 crore. The project will include an administration building, prisoners' and hospital barracks,...

SPORTS DEV AUTHORITY OF TAMIL NADU TO LAY SYNTHETIC ATHLETIC TRACK (at Jawaharlal Nehru Stadium in Chennai).
December 30, 2006... (From India Business Insight) The Sports Development Authority of Tamil Nadu plans to provide and re-lay international size synthetic athletic track along with long jump and pole vault tracks and equipments at Jawaharlal Nehru Stadium in...

THDC TO DEVELOP IT/ITES BUILDING IN BANGALORE (with a seating capacity of 3,000 persons).
December 30, 2006... (From India Business Insight) THDC Limited is constructing a building for its IT and IT-enabled Services division with a seating capacity of 3,000 persons at Mahadevpura in Bangalore. Work on the project is in progress and will be...

WELLDONE ESTATE PROJECTS TO DEVELOP IT PARK (on Sohna Road at Gurgaon in Haryana).
December 30, 2006... (From India Business Insight) Welldone Estate Projects (Private) Limited proposes to develop an IT park 'Welldone Technology Park' on 5 acres on Sohna Road at Gurgaon in Haryana. Work on the park will commence in Jan 2007 and will be...

SOFTSOL INDIA TO DEVELOP IT PARK (at Visakhapatnam in Andhra Pradesh).
December 30, 2006... (From India Business Insight) Softsol India Limited envisages development of an IT park at Visakhapatnam in Andhra Pradesh on one acre. Work on the project will begin in Jan 2007 and will be completed by Jan 2008.

MARG CONSTRUCTIONS TO DEVELOP SHOPPING MALL (at Karapakkam near Chennai).
December 30, 2006... (From India Business Insight) Marg Constructions Limited proposes to develop a shopping mall 'River Side Mall' at Karapakkam near Chennai. The mall will spread over 7.3 acres. Work on the project is to begin by the end of Dec 2006,...

RAJESH PROJECTS INDIA TO DEVELOP SHOPPING MALL (in Delhi on 2,750 square metres).
December 30, 2006... (From India Business Insight) Rajesh Projects India Private Limited envisages development of a shopping mall 'RG Square Mall' at Patparganj in Delhi. It will spread over 2,750 square metres and will consist of a building of double...

POWER STONE BUILDERS TO DEVELOP RESIDENTIAL APARTMENTS (at Thoraipakkam near Chennai).
December 30, 2006... (From India Business Insight) Power Stone Builders Private Limited is coming up with a residential complex 'Dream Villa' at Thoraipakkam near Chennai. The complex will have 23 residential apartments on ground plus one floor. Work is in...

NATIONAL INSTITUTE OF TECHNOLOGY TO CONSTRUCT RESIDENTIAL BUILDING AT WARRANGAL (for 1,000 students at a cost of Rs62 crore).
December 30, 2006... (From India Business Insight) National Institute of Technology proposes to get a residential building constructed at Warrangal in Andhra Pradesh for 1,000 students. The building will have ground plus six floors and a...

JAIN HOUSING AND CONSTRUCTION TO DEVELOP RESIDENTIAL COMPLEX (in Chennai on 10 acres).
December 30, 2006... (From India Business Insight) Jain Housing and Construction Limited envisages development of a residential complex 'Padur' in Chennai on 10 acres. It will have seven towers. Work on the complex will begin by Jan 2007 and will be...

CHARISHMA BUILDERS TO DEVELOP RESIDENTIAL COMPLEX (at Govandi in Maharashtra).
December 30, 2006... (From India Business Insight) Charishma Builders is coming up with a residential complex at Govandi in Maharashtra. The complex will comprise buildings of stilt plus seven floors and will have various amenities. Work on the complex is in...

MARG CONSTRUCTIONS TO DEVELOP RESIDENTIAL COMPLEX IN CHENNAI (at Kalavakkam near Chennai).
December 30, 2006... (From India Business Insight) Marg Constructions proposes to come up with a residential complex at Kalavakkam near Chennai. Work on the project will begin in Feb 2007 and will be completed by Aug 2008.

ZESTHA DEVELOPERS TO CONSTRUCT RESIDENTIAL COMPLEX (at Rudrapur in Uttaranchal).
December 30, 2006... (From India Business Insight) Zestha Developers proposes to construct a residential complex 'Platinum Tower' at Rudrapur in Uttaranchal on 11 acres. It will have 17 buildings of ground plus four floors with 340 apartments. Work on the...

SUCHIR INDIA DEVELOPERS TO CONSTRUCT RESIDENTIAL COMPLEX (to build 123 villas at Satamrai in Karnataka).
December 30, 2006... (From India Business Insight) Suchir India Developers (Private) Limited is coming up with a residential complex at Satamrai in Karnataka. The complex spread over 27 acres will have 123 villas of ground plus one floor and offer amenities...

SAMIAH INTERNATIONAL BUILDERS TO DEVELOP RESIDENTIAL TOWNSHIP (comprising apartments and villas at Hapur in Uttar Pradesh).
December 30, 2006... (From India Business Insight) Samiah International Builders Private Limited proposes to develop a residential township 'Garden City' at Hapur in Uttar Pradesh. The township covering 115 acres will have 500 apartments and 400 independent...

NU-TECH PRASIDDHI CONSORTIUM TO DEVELOP TOWNSHIP (in Bangalore comprising apartments and villas).
December 30, 2006... (From India Business Insight) Nu-Tech Prasiddhi Consortium is developing a township 'Aqua Opal' at Bommasandra in Bangalore. It will comprise two residential blocks of ground plus three floors with 48 apartments and villas. Work on the...

MADHYA PRADESH PWD TO CONSTRUCT BRIDGE ACROSS TONS RIVER (in Rewa at a cost of Rs3.48 crore).
December 30, 2006... (From India Business Insight) The Public Works Department of Madhya Pradesh proposes to construct a high-level bridge across Tons River on Rajapur-Chilla Road in Rewa. This will involve an expenditure of Rs3.48 crore. The work is...

TAMIL NADU PWD TO CONSTRUCT ROAD OVER BRIDGE (at a cost of Rs26.50 crore).
December 30, 2006... (From India Business Insight) The Public Works Department of Tamil Nadu proposes to construct a road over bridge in place of the existing level crossing near Tambaram railway station in Chennai. This will entail an expenditure of...

NANDED-WAGHALA CITY MUNICIPAL CORP TO UNDERTAKE IRRIGATION SCHEME (in Nanded at a cost of Rs14.32 crore).
December 30, 2006... (From India Business Insight) Nanded-Waghala City Municipal Corporation will undertake an irrigation scheme in Nanded in Maharashtra at a cost of Rs14.32 crore. Bids have been invited for designing and construction including testing...

RAJASTHAN GOVERNMENT TO TAKE UP ORAI IRRIGATION PROJECT (at a cost of Rs10.80 crore).
December 30, 2006... (From India Business Insight) The Government of Rajasthan proposes to undertake rehabilitation of earthern dam, non-overflow and overflow portion of Orai irrigation project in Chittaurgarh. The project will involve an expenditure of...

KOLKATA METRO DEV AUTHORITY TO CONSTRUCT SEWAGE LIFTING STATION (at Rishra in West Bengal).
December 30, 2006... (From India Business Insight) Kolkata Metro Development Authority proposes to construct a sewage lifting station at Rishra in West Bengal. Bids have been invited for the work to be executed on turnkey basis.

CHENNAI METRO WATER SUPPLY BOARD TO IMPLEMENT SEWERAGE SCHEME (at Madhavaram in Chennai).
December 30, 2006... (From India Business Insight) Chennai Metro Water Supply Board proposes to undertake sewerage scheme phase I at Madhavaram in Chennai. Bids for pumping station, laying of pumping main and machineries will be received upto 25 Jan 2007.

GOA PWD TO BUILD WATER TREATMENT PLANT (at a cost of Rs18.48 crore).
December 30, 2006... (From India Business Insight) The Public Works Department of Goa proposes to build a 50-MLD water treatment plant at Assonora at a cost of Rs18.48 crore. Bids for the work will be received upto 18 Jan 2007.

KUTCH SALT AND ALLIED INDUSTRIES TO EXPAND CAPACITY (of its salt unit at New Kandla in Gujarat).
December 30, 2006... (From India Business Insight) Kutch Salt and Allied Industries Limited is to enhance capacity of its salt unit at New Kandla in Gujarat from 1.5 to 7 lakh tonnes per annum. Work on the expansion programme is in progress and will be...

NEW INDUSTRIAL INVESTMENT: PUNE-17,118 CR, VID-4,064 CR (out of total investment proposals worth Rs29,683 crore received by Maharashtra).
December 30, 2006... (From India Business Insight) Maharashtra received investment proposals worth Rs29,683 crore. Of this, Pune district accounted for proposals worth Rs17,118 crore representing 57.67 percent of the total investments. The projects...

INDUSTRY UPBEAT ON TEXTILE PARK; 5 UNITS TO INVEST 60 CR (as more investors evince interest in the park).
December 30, 2006... (From India Business Insight) The proposed textile park in Butlibori being set up by Vidarbha Integrated Textile Park Limited (VITP) under the Government of India's scheme for Integrated Textile Park has drawn investments from the...

FROM VANCOUVER TO LA TO HONG KONG, BUILDERS TO BID FOR SLICE OF DHARAI PIE (as the Dharavi Redevelopment Project proposes to invite global tenders for its multi-crore project).
December 30, 2006... (From India Business Insight) The Dharavi Redevelopment Project in Mumbai proposes to invite global tenders for the multi-crore project to re-house 56,000 families. The project authorities expect to get the Chief Minister's clearance...

GU SIGNS MoU WITH BIRMINGHAM UNIVERSITY (to facilitate exchange of programmes on management).
December 30, 2006... (From India Business Insight) Gujarat University signed a Memorandum of Understanding (MoU) with the University of Birmingham, UK. The MoU envisages exchange of programmes on management that will benefit BK School of Business Management...

PC MAKER HCL MULLS ENTERING NAGPUR SEZ (as it seeks 130 acres of land in the SEZ).
December 30, 2006... (From India Business Insight) Hindustan Computers Limited (HCL) evinced interest in taking up land in the special economic zone (SEZ) to be set up in Nagpur. HCL initiated talks with the Maharashtra Airport Development Company (MADC) in...