India Business Insight articles from June 2005

India Business Insight archives from June 2005

SIEMENS and BHEL TO CO-OPERATE IN ADVANCED POWER PLANT TECHNOLOGY (the agreement is for clean conversion of coal to electricity).
June 30, 2005... (From India Business Insight) Siemens Power Generation Group has signed a memorandum of understanding at Erlangen of Germany with Bharat Heavy Electricals Ltd (BHEL) for collaboration in the area of advanced power plant technology. The...

PRAXAIR SIGNS ON-SITE CONTRACT WITH SAIL (to build, own and operate a cryogenic separation plant at Durgapur).
June 30, 2005... (From India Business Insight) Praxair India has got the contract from the Steel Authority of India (SAIL) to build, own and operate (BOO) a cryogenic separation plant in Durgapur. The plant will have a capacity of 700 tonnes per day....

MARINE ORDER (Bharti Shipyards has got the contract from Bourbon for the supply of 5 anchor-handling tugs).
June 30, 2005... (From India Business Insight) Bharti Shipyards has got the contract from Bourbon for the supply of 5 anchor handling tugs. The ships have a bollard pull of 125 tonnes and 11,000 horsepower. They are used for towage, anchor-handling...

UGS NX SELECTED BY INDIAN RAILWAYS AS DESIGN AUTOMATION PLATFORM (the software will enable Research Designs and Standards Organisation resolve the issue of its highly developed simulation models).
June 30, 2005... (From India Business Insight) The Research Designs and Standards Organisation (RDSO) of the Ministry of Railways, Government of India, has chosen the 3- dimension (3D) computer aided design (CAD) and NX Nastran of UGS as design...

MICROSOFT and B2B SOFTWARE LAUNCH SOLUTION FOR PHARMACEUTICAL INDUSTRY (aids the financial, supply chain and manufacturing management of the drugs business).
June 30, 2005... (From India Business Insight) Microsoft Corporation has tied up with B2B Software to launch B2B Pharma, an enterprise solution for the pharmaceutical industry. It supports the Microsoft Dynamics Nav platform and aids the financial,...

VOLVO PROPOSES Rs1,500-CRORE PLANT (in Himachal Pradesh in association with Jaico Automobiles Engineering of Bangalore).
June 30, 2005... (From India Business Insight) Volvo, a bus manufacturer of Sweden, proposes to collaborate with Jaico Automobiles Engineering of Bangalore to establish a manufacturing plant in Himachal Pradesh. The cost of the project is estimated...

CAR EXPORTS ZOOM 47% (to 15,597 units in Apr 2006).
June 30, 2005... (From India Business Insight) Car exports recorded a 47 percent growth to 15,597 units in Apr 2006. Maruti Udyog Ltd (MUL) registered an increase of 27.5 percent in exports to 1,553 cars. Hyundai's Indian subsidiary recorded a growth...

ATUL AUTO TO ROLL OUT NEW 3-WHEELER (will introduce a new diesel version of the 0.5-tonne 3-wheeled commercial vehicle, Atul Shakti Plus, by Jul 2006).
June 30, 2005... (From India Business Insight) Atul Auto, a company of Rajkot, will introduce a new diesel version of the 0.5-tonne 3-wheeled commercial vehicle, Atul Shakti Plus, by Jul 2006. The cargo and the passenger categories of the vehicle...

MID-MARKET FEVER (the mid-market enterprise resource planning segment generated $15.5 million).
June 30, 2005... (From India Business Insight) Small and medium enterprises (SMEs) are implementing the mid-market enterprise resource planning (MERP) software to upgrade their business processes to be competitive. The MERP segment generated $15.5...

NTPC APPLIES FOR COAL LINKAGE FOR DADRI PROJECT (project requires 2.56 million tonnes of coal a year).
June 24, 2005... (From India Business Insight) NTPC Ltd has applied a new to the Ministry of Power, Government of India, for coal linkage for its 490-megawatt (mw) Dadri expansion project. The project requires 2.56 million tonnes of coal a year. The...

LIFE GUARD WIRES FROM HAVELL'S (wires are environment-friendly as they do not release toxic gases in case of a fire).
June 24, 2005... (From India Business Insight) Havell's India Ltd has launched halogen-free low-smoke wires, Life Guard Wires. The company's research and development unit at Alwar, Rajasthan, has developed a special compound with a very high oxygen...

KANAKIA GROUP PLANS MORE MULTIPLEXES (planning to invest Rs275 crore).
June 24, 2005... (From India Business Insight) Kanakia Group, a Mumbai-based company, is planning to invest Rs275 crore in the development of malls, multiplexes and hotels. The company intends to utilise the proceeds of a Rs200-crore initial public offer...

HINDUSTAN CONSTRUCTION BAGS HYDEL POWER PROJECTS (cost of the Uri-II project is estimated at Rs574.99 crore).
June 24, 2005... (From India Business Insight) Hindustan Construction Company Ltd (HCCL) has won two hydroelectric power projects from National Hydroelectric Power Corporation (NHPC). The projects are for construction of civil works for the 240-megawatt...

ORIENTAL STRUCTURAL NAGARJUNA TO DEVELOP HOUSING COMPLEX PROJECT AT RANCHI (cost of the project is Rs276 crore).
June 24, 2005... (From India Business Insight) Nagarjuna Construction Company Ltd (NCC) has won the contract for constructing the National Games Housing Complex Project from the Government of Jharkand at Ranchi. The project envisages the development,...

L and T BAGS TWO ORDERS FROM NHAI (the project costs estimated at Rs525 crore and Rs370 crore).
June 24, 2005... (From India Business Insight) Larsen and Toubro Ltd (L and T) has won two road construction projects on a build-operate-transfer (BOT) basis from the National Highways Authority of India (NHAI) in Tamil Nadu and Andhra Pradesh. The...

L and T WINS ONGC AND HIAL CONTRACTS (has bagged Rs1,000-crore contract for construction of four well platforms).
June 24, 2005... (From India Business Insight) Larsen and Toubro Ltd (L and T) has bagged Rs1,000-crore contract for construction of four well platforms and interconnecting pipelines from Oil and Natural Gas Corporation's (ONGC's) Mumbai High North and...

50$ MILLION EXPANSION PLANNED BY JCB (is setting up a new facility with an installed capacity of 6,000 excavators).
June 24, 2005... (From India Business Insight) JCB, a UK-based construction company, is planning to invest $50 billion in enhancing the capacity of its excavator production unit. It is setting up a new facility with an installed capacity of 6,000...

DUL HASTI PROJECT DEADLINE SLIPS (project is likely to generate 1,928 units of electricity every year).
June 24, 2005... (From India Business Insight) Dul Hasti hydroelectric power project in Jammu and Kashmir is likely to be delayed owing to the slow speed of work on the lining of the Head Race tunnel. The work on the project is hindered owing to the...

KAJARIA CERAMICS PLANS Rs123-CR EXPANSION (intends to enhance the capacity by 8.4 msm).
June 24, 2005... (From India Business Insight) Kajaria Ceramics Ltd is planning to invest Rs123 crore to expand its capacity of its ceramic tile manufacturing units in Uttar Pradesh and Rajasthan. It intends to enhance the capacity by 8.4 million...

PIB APPROVES CHUTAK HEP (cost of the project is estimated at R631.72 crore).
June 24, 2005... (From India Business Insight) Public Investment Board (PIB) has approved of the 4x11- megawatt (mw) Chutak hydroelectric power project (HEP) near Kargil, Jammu and Kashmir. The cost of the project is estimated at Rs631.72 crore. National...

SAINT-GOBAIN PLANS SOLAR CONTROL PRODUCTS UNIT (cost of the project is estimated at Rs100 crore).
June 24, 2005... (From India Business Insight) Saint Gobain Glass India Ltd is establishing a facility to manufacture solar control green-based glass products at its plant in Sriperumbudur, near Chennai. The cost of the project is estimated at Rs100...

BHPV BAGS RS96-CRORE HPCL ORDER (project envisages all works relating to 140 TPH boiler).
June 24, 2005... (From India Business Insight) Bharat Heavy Plate and Vessels Ltd (BHPV) has won a Rs96- crore order from Hindustan Petroleum Corporation Ltd (HPCL). The project envisages the design, engineering, procurement, fabrication and construction...

OPERA DEVELOPMENT CENTRE IN CHANDIGARH (intends to hire quality assurance testers).
June 24, 2005... (From India Business Insight) Opera Software, a Norway-based software company, is planning to open a development centre in Chandigarh. The company's Opera Web browser vies with Internet Explorer and Firefox. It intends to hire quality...

CHEMPLAST TO INVEST IN METTUR PLANT (also planning to invest Rs220 crore in converting its 40-mw furnace oil-fired power plant to a coal-based one).
June 24, 2005... (From India Business Insight) Chemplast Sanmar Ltd is planning to invest Rs80 crore in the conversion of its manufacturing process from mercury cells to membrane-based cells at its caustic soda unit in Mettur. The conversion will...

FIRST BOOT HYDRO PROJECT BY L and T (will generate 361 million units of power).
June 24, 2005... (From India Business Insight) Larsen and Toubro Ltd has won the development rights of Singoli Bhatwari hydroelectric power project from the Government of Uttaranchal. The 60-megawatt (mw) project will be implemented on a...

VALECHA ENGINEERING BAGS NHAI PROJECT (cost of the project is estimated at Rs133.04 crore).
June 24, 2005... (From India Business Insight) Valecha Engineering Ltd has won the contract for the construction of four to six lane access controlled Chittorgarh Bypass in Rajasthan. The project relates to the section from KM 159 of NH-79 to KM 213 of...

INFRASTRUCTURE CENTRE (cost of the project is estimated to be Rs45 crore).
June 24, 2005... (From India Business Insight) Tata Consultancy Services (TCS) has established a centre for infrastructure management and business process outsourcing services in Chennai. The cost of the project is estimated at Rs45 crore. The company...

SOM DATT PLANS HOUSING PROJECTS (work on the project is scheduled for completion by Jul 2009).
June 24, 2005... (From India Business Insight) Som Datt Builders Pvt Ltd is planning to build group housing projects in Jaipur district, Rajasthan and Chandigarh. The project in Jaipur envisages six-storeyed buildings with 96 flats. The project...

PROJECTS UNDER IMPLEMENTATION: SURYA ROSHNI LTD (cost of the project is estimated at Rs250 million).
June 24, 2005... (From India Business Insight) Surya Roshni Ltd is establishing a new unit to manufacture compact fluorescent lamps at Malanpur, Madhya Pradesh. The cost of the project is estimated at Rs250 million. The company will increase its initial...

PROJECTS UNDER IMPLEMENTATION: BARAK VALLEY CEMENTS LTD (enhancing the capacity of its cement plant from 440 to 600 tpd).
June 24, 2005... (From India Business Insight) Barak Valley Cements is enhancing the capacity of its cement plant from 440 tonnes a day (tpd) to 600 tpd at Debendranagar, Assam. The cost of the project is estimated at Rs100-170 million. The unit is likely...

PROJECTS UNDER IMPLEMENTATION: MADRAS CEMENTS LTD (is setting up a cement unit with a capacity of two million tpa).
June 24, 2005... (From India Business Insight) Madras Cements Ltd is setting up a cement unit with a capacity of two million tonnes a year (tpa) in Ariyalur district, Tamil Nadu. It is also planning to set up a clinkering unit at Jayanthipuram, Andhra...

PROJECTS UNDER IMPLEMENTATION: GWALIOR CHEMICAL INDUSTRIESLTD (is increasing the capacity of its chemical division at a cost of Rs166 million).
June 24, 2005... (From India Business Insight) Gwalior Chemical Industries (GCI) is increasing the capacity of its chemical division at a cost of Rs166 million in Madhya Pradesh and Gujarat. It is expanding the capacity of benzyl chloride from 10,800...

PROJECTS UNDER IMPLEMENTATION: DECCAN CHROMATES LTD (is investing Rs120 million in establishing a chemical complex at Gorthara village).
June 24, 2005... (From India Business Insight) Deccan Chromates is investing Rs120 million in establishing a chemical complex at Gorthara village, Madhya Pradesh. The unit will have a capacity of 5,400 tonnes a year (tpa) of chromium sulphate and...

PROJECTS UNDER IMPLEMENTATION: BASANT AGRO TECH INDIA LTD (is investing Rs16.2 million in installing balancing equipment).
June 24, 2005... (From India Business Insight) Basant Agro Tech India Ltd is investing Rs16.2 million in installing balancing equipment at its NPK mixture granulated fertilizer plant at Akola. The project is likely to be completed by Jul 2006. It is...

PROJECTS UNDER IMPLEMENTATION: HINDUSTAN ZINC LTD (is augmenting the capacity of its mining and smelting unit at Sindesar-Ihurd).
June 24, 2005... (From India Business Insight) Hindustan Zinc Ltd is augmenting the capacity of its mining and smelting unit at Sindesar-Ihurd in Rajasthan. The company has invited bids for the development of underground mine in Jun 2006. The company...

PROJECTS UNDER IMPLEMENTATION: GAIL INDIA LTD (is undertaking in-line inspection and intelligent pigging of pipelines in Maharashtra).
June 24, 2005... (From India Business Insight) Gail India Ltd is utilising the magnetic flux leakage (MFL) technique to undertake in-line inspection and intelligent pigging of pipelines in Maharashtra. The project is for the pipelines of Thal-Salav of 12...

PROJECTS UNDER IMPLEMENTATION: ESSAR CONSTRUCTION LTD (has won the contract for laying 762-centimetre-diameter 147- kilometre-long pipeline).
June 24, 2005... (From India Business Insight) The consortium led by Essar Contructions and DQE International, China, has won the contract for laying 762- centimetre-diameter 147-kilometre- long pipeline between Jalapur and Boipada. The project...

PROJECTS UNDER IMPLEMENTATION: INDIAN OIL CORPORATION LTD (is undertaking the combined station works at IBP Cauvery basin marketing terminal).
June 24, 2005... (From India Business Insight) Indian Oil Corporation Ltd is undertaking the combined station works at IBP Cauvery basin marketing terminal at Narimanam and CPCL jetty at Nagapattinam. It has invited bids from contractors to implement...

PROJECTS UNDER IMPLEMENTATION: HINDUSTAN OIL EXPLORATION COMPANY LTD (is undertaking the installation of processing units for block CB-ON/7 at Palej).
June 24, 2005... (From India Business Insight) Hindustan Oil Exploration Company Ltd is undertaking the installation of processing units for block CB-ON/7 at Palej, Gujarat. It has invited expressions of interest (EOIs) from contractors in May 2006. The...

PROJECTS UNDER IMPLEMENTATION: PRECISIONS CONTAINEURS LTD (is establishing a new unit for the manufacture of optimum drainage containers at Daman).
June 24, 2005... (From India Business Insight) Precision Containeurs Ltd is establishing a new unit for the manufacture of optimum drainage containers at Daman. The products will meet the requirements of the pharmaceutical, food processing and pesticide...

PROJECTS UNDER IMPLEMENTATION: PAYAL PLASTIC and PACKAGING (is establishing a plastic packaging unit with a capacity of 534 tpa).
June 24, 2005... (From India Business Insight) Payal Plastic and Packaging is establishing a plastic packaging unit with a capacity of 534 tonnes a year (tpa) at Samba, Jammu and Kashmir. The cost of the project is estimated at Rs30 million. Work on...

PROJECTS UNDER IMPLEMENTATION: COSMO FILMS (is establishing a BOPP production line with a capacity of 30,000 tpa at Karjran).
June 24, 2005... (From India Business Insight) Cosmo Films is establishing a BOPP production line with a capacity of 30,000 tonnes a year (tpa) at Karjran, Gujarat. The cost of the project is estimated at Rs1,200 million. The company is also setting...

PROJECTS UNDER IMPLEMENTATION: POWERGRID CORPORATION OF INDIA LTD (is undertaking the substation extension schemes and the erection of transmission lines).
June 24, 2005... (From India Business Insight) PowerGrid Corporation of India Ltd is undertaking the substation extension schemes and the erection of transmission lines. The projects envisage extension of 400 kilovolt (KV) substations at Kota and Kankorli...