India Business Insight articles from March 2011

India Business Insight archives from March 2011

BW B-SCHOOL ALMANAC: GALGOTIAS BUSINESS SCHOOL (records 100 percent placement in 2009).
March 31, 2011... Galgotias Business School (GBS) of Greater Noida in Uttar Pradesh offers two-year business management courses leading to Post Graduate Diploma in Management (PGDM) and PGDM-Marketing. GBS admits 120 students for PGDM and 60 students for the...

BW B-SCHOOL ALMANAC: ACHARYA'S BANGALORE BUSINESS SCHOOL (offers MBA Industry Integrated offered by Gauhati University).
March 31, 2011... Acharya's Bangalore Business School (ABBS) of Bangalore offers two-year business management courses leading to Post Graduate Diploma in Management (PGDM) and Master of Business Administration (MBA). ABBS also offers MBA Industry Integrated...

BW B-SCHOOL ALMANAC: ACHARYA INSTITUTE OF MANAGEMENT & SCIENCES (average salary offered to the students was Rs4,50,000).
March 31, 2011... Acharya Institute of Management & Sciences (AIMS) of Peenya in Bangalore offers business management courses leading to Post Graduate Diploma (PGD) in Management (PGDIM), PGD in Information Technology & Management (PGDITM) and PGD in...

BW B-SCHOOL ALMANAC: ASIAN SCHOOL OF BUSINESS (admits 60 students, charging a fee of Rs6.5 lakh).
March 31, 2011... Asian School of Business (ASB) of Trivandrum in Kerala offers business management courses leading to Post Graduate Diploma in Management (PGDM). ASB admits 60 students, charging a fee of Rs6.5 lakh, including hostel fees. Several companies...

BW B-SCHOOL ALMANAC: AURORA'S BUSINESS SCHOOL (admits 180 students, charging a fee of Rs5,00,000).
March 31, 2011... Aurora's Business School (ABS) of Hyderabad in Andhra Pradesh offers business management courses leading to Post Graduate Diploma in Management (PGDM). ABS admits 180 students, charging a fee of Rs5,00,000. Companies that visited ABS in 2009 for...

BW B-SCHOOL ALMANAC: CMR - MANAGEMENT PROGRAMMES (offers two-year business management courses leading to Post Graduate Diploma in Management).
March 31, 2011... CMR-Management Programmes (CMP) of Kalyan Nagar in Bangalore offers two-year business management courses leading to Post Graduate Diploma in Management (PGDM) and Master of Business Administration (MBA). CMP admits 120 students for PGDM and 300...

BW B-SCHOOL ALMANAC: EASTERN INSTITUTE FOR INTEGRATED LEARNING IN MANAGEMENT (offers two-year full-time business management courses leading to MBA).
March 31, 2011... Eastern Institute for Integrated Learning in Management (EIILM) of Kolkata offers two-year full-time business management courses leading to Master of Business Administration (MBA). EIILM admits 600 students for the course, charging a fee of...

BW B-SCHOOL ALMANAC: GLOBSYN BUSINESS SCHOOL (students were offered a median domestic salary of Rs4.5 lakh).
March 31, 2011... Globsyn Business School (GBS) of Kolkata offers two-year business management courses leading to Post Graduate Programme in Management (PGPM) and PGP in International Business (PGPIB). GBS admits 180 students, charging a fee of Rs5.95 lakh for...

BW B-SCHOOL ALMANAC: IBMR, IPS ACADEMY (offers business management courses leading to MBA).
March 31, 2011... IBMR, IPS Academy (IIA) of Indore in Madhya Pradesh offers business management courses leading to Master of Business Administration (MBA). IIA admits 360 students, charging a fee of Rs1,26,000 for two years. Several companies including...

BW B-SCHOOL ALMANAC: INSTITUTE OF MARKETING & MANAGEMENT (charges Rs7,50,000 for the full-time course and Rs1,80,000 for the part-time course).
March 31, 2011... Institute of Marketing & Management (IMM) of New Delhi offers two- year, full-time, business management courses leading to Post Graduate Diploma in Management (PGDM) and PGDM-Finance as well as three years part-time PGDM in Marketing, Human...

BW B-SCHOOL ALMANAC: JAGAN INSTITUTE OF MANAGEMENT STUDIES (admits 180 students, charging a fee of Rs2.50 lakh).
March 31, 2011... Jagan Institute of Management Studies (JIMS) of New Delhi offers two-year, full-time business management courses leading to Post Graduate Diploma in Management (PGDM) and three-year, part-time PGDM as well as MCA courses. The institute admits...

BW B-SCHOOL ALMANAC: JAIPURIA INSTITUTE OF MANAGEMENT (has three branches - one each at Lucknow and Noida in Uttar Pradesh and one in Jaipur).
March 31, 2011... The Jaipuria Institute of Management (JIM) has three branches - one each at Lucknow and Noida in Uttar Pradesh and one in Jaipur in Rajasthan. JIM's Lucknow branch offers Post Graduate Diploma in Management (PGDM) in specialities like Finance,...

BW B-SCHOOL ALMANAC: JK BUSINESS SCHOOL (admits 120 students, charging a fee of Rs5.20 lakh for two years).
March 31, 2011... JK Business School (JKBS) of Gurgaon in Haryana offers two-year Post Graduate Diploma in Management (PGDM) along with Master of Business Administration (MBA)/Master's in Retail Management. The institute admits 120 students, charging a fee of...

BW B-SCHOOL ALMANAC: MUMBAI BUSINESS SCHOOL PVT LTD (offers a one-year, full-time Post Graduate Programme).
March 31, 2011... Mumbai Business School Pvt Ltd (MBSPL) of Malad in Mumbai offers a one-year, full-time Post Graduate Programme (PGP) as well as one-year, part-time PGP in risk management. MBSPL admits 120 students, charging a fee of Rs8.55 lakh for one year....

BW B-SCHOOL ALMANAC: NATIONAL INSTITUTE OF AGRICULTURAL MARKETING (offers two-year Post Graduate Diploma in Agribusiness Management).
March 31, 2011... The National Institute of Agricultural Marketing (NIAM) of Jaipur in Rajasthan offers two-year Post Graduate Diploma in Agribusiness Management. The institute admits 60 students, charging a fee of Rs2,50,000 for two years. Several companies...

BW B-SCHOOL ALMANAC: NEHRU GROUP OF INSTITUTIONS, TAMIL NADU AND KERALA (offers MBA in Semester and Trimester pattern and MBA in Airline and Airport Management).
March 31, 2011... The Nehru Group of Institutions in Tamil Nadu and Kerala (NGI) of Coimbatore in Tamil Nadu offers Master of Business Administration (MBA) in Semester and Trimester pattern and MBA in Airline and Airport Management. NGI admits 420 students,...

BW B-SCHOOL ALMANAC: NEW DELHI INSTITUTE OF MANAGEMENT (had campus recruitments from Ernst & Young, HCL Infosystem and HDFC Bank Ltd).
March 31, 2011... New Delhi Institute of Management (NDIM) of New Delhi in offers two-year business management courses leading to Post Graduate Diploma in Management (PGDM) and three-year part-time PGDM- Marketing, PGDM-Finance and PGDM-Human Resources. The...

BW B-SCHOOL ALMANAC: NIILM CENTRE FOR MANAGEMENT STUDIES (offers two-year business management courses leading to Post Graduate Diploma in Management).
March 31, 2011... NIILM Centre for Management Studies (NCMS) of New Delhi offers two-year business management courses leading to Post Graduate Diploma in Management (PGDM). NCMS admits 120 students, charging a fee of Rs7.5 lakh for two years. The average domestic...

BW B-SCHOOL ALMANAC: PARK GLOBAL SCHOOL OF BUSINESS EXCELLENCE (admits 60 students, charging a fee of Rs1.8 lakh per annum).
March 31, 2011... Park Global School of Business Excellence (PGSBE) of Coimbatore in Tamil Nadu offers two-year, full-time, business management courses leading to Post Graduate Diploma in Management (PGDM) and Master of Business Administration. PGSBE admits 60...

BW B-SCHOOL ALMANAC: PSG INSTITUTE OF MANAGEMENT (offers management courses with focus on banking, financial sector and entrepreneurship).
March 31, 2011... PSG Institute of Management (PIM) of Coimbatore in Tamil Nadu offers management courses with focus on banking, financial sector and entrepreneurship. PIM admits 180 students, charging a fee of Rs1,20,000 per annum. Several companies including...

BW B-SCHOOL ALMANAC: SURYADATTA INSTITUTES OF MANAGEMENT (offers business management courses, charging a fee of Rs2,50,000 per annum).
March 31, 2011... Suryadatta Institutes of Management (SIM) at Pune in Maharashtra offers business management courses, charging a fee of Rs2,50,000 per annum. Several companies including Mahindra & Mahindra, Eureka Forbes Ltd and HDFC visited SIM for...

CREATING STRATEGIC BUSINESS LEADERS WITH GLOBAL MIND-SET: UDAI INSTITUTE OF MANAGEMENT STUDIES (offers professional ERP training through SAP Germany).
March 31, 2011... The Udai Institute of Management Studies (UIMS) of Jaipur in Rajasthan believes in Creating Strategic Business Leaders with a Global Mind-set. UIMS has incorporated a few features in its programme like advanced level foreign language...

BW B-SCHOOL ALMANAC: XAVIER INSTITUTE OF SOCIAL SERVICE (offers two-year full time postgraduate diploma course in personnel management).
March 31, 2011... Xavier Institute of Social Service (XISS) of Ranchi in Jharkhand in offers two-year full time postgraduate diploma course in personnel management. XISS admits 75 students, charging a fee of Rs2 lakh. Several companies including Tata Steel,...

INDIA LOW ON INNOVATION (owing to the political difficulties that the nation has been facing for the last few years).
March 31, 2011... The Confederation of Indian Industry (CII) has reported that India has slipped down 15 places on the Global Innovation Index to 56th position from the 41st position. CII reported about the country's slide in the index in its GII Report 2009-2010...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: BHARTI AIRTEL LTD (ranks first with a subscriber base of 15,57,96,598 and a market share of 27.61 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Bharati Airtel Ltd has been ranked first with a subscriber base of 15,57,96,598 and a market share of...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: VODAFFONE ESSAR LTD (ranks second with a subscriber base of 12,73,64,342 and a market share of 22.57 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Vodafone Essar Ltd has been ranked second with a subscriber base of 12,73,64,342 and a market share of 22.57...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: IDEA CELLULAR LTD (ranks third with a subscriber base of 8,42,89,641 and a market share of 14.94 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Idea Cellular Ltd has been ranked third with a subscriber base of 8,42,89,641 and a market share of 14.94...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: RELIANCE COMMUNICATIONS LTD (ranks sixth with a subscriber base of 2,38,73,674 and a market share of 4.23 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Reliance Communications Ltd has been ranked sixth with a subscriber base of 2,38,73,674 and a market share...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: MAHANAGAR TELEPHONE NIGAM LTD (MTNL) (ranks ninth with a subscriber base of 51,52,831 and a market share of 0.91 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Mahanagar Telephone Nigam Ltd has been ranked ninth with a subscriber base of 51,52,831 and a market share of...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: LOOP MOBILE INDIA LTD (ranks 10th with a subscriber base of 30,62,120 and a market share of 0.54 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Loop Mobile India Ltd has been ranked 10th with a subscriber base of 30,62,120 and a market share of 0.54...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: ETISALAT DB TELECOM INDIA PVT LTD (ranks 12th with a subscriber base of 4,52,574 and a market share of 0.08 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Etisalat DB Telecom India Pvt Ltd has been ranked 12th with a subscriber base of 4,52,574 and a market share...

BHARTI AIRTEL WILL LAUNCH EIG CABLE SYSTEM (from Mumbai to London).
March 31, 2011... Bharti Airtel is set to launch Europe India Gateway (EIG) cable system that will stretch from Mumbai to London. The 15,000-km EIG cable system will increase diversity and capacity between India and Europe. Bharti has invested $700 million on the...

MTS LAUNCHES MBLAZE MOBILE BROADBAND SERVICE IN 9 TOWNS IN KARNATAKA (including Shimoga, Hassan, Gulbarga, Bijapur and Raichur).
March 31, 2011... MTS has introduced its MBlaze broadband services in nine places in Karnataka including Shimoga, Hassan, Gulbarga, Bijapur and Raichur. The company plans to invest Rs75 crore in expansion of its highspeed data footprint to 25 towns in the...

ZTE-HOLDING ITS HEAD HIGH (proposes to enter the retail handset business at the appropriate time).
March 31, 2011... ZTE is one of the leading global telecom equipment manufacturers. The company has excelled in India with its handsets, wireless and mobile services businesses. ZTE had made shipments of more than 30 million handsets to India by Aug 2010. The...

WIPRO EXPANDS CANADIAN OPERATIONS (opens its new office at Mississauga in Ontario).
March 31, 2011... Wipro Technologies is looking at expanding its operations in Canada. The company recently opened its new office at Mississauga in Ontario. The office will serve as company's headquarters in Canada and will focus on Canadian operations.

MOSER BAER FORAYS INTO SECURTY SOLUTIONS (to enhance data security for e-commerce transactions).
March 31, 2011... Moser Baer has entered the information security domain. The company likes to enhance data security for e-commerce transactions. Moser Baer will provide solutions like Public Key Infrastructure Token (PKI) and One Time Password token (OTP) for...

RENESAS ELECTRONICS OPENS INDIA FACILITY (in Bangalore).
March 31, 2011... Renesas Electronics Singapore (RES) has inaugurated its office in Bangalore. RES is looking at extending its operations outside Japan to augment its business in the international market. Currently the Bangalore office has a headcount of 16,...

SAILPOINT OPENS ENGINEERING CENTRE IN INDIA (at Pune in Maharashtra).
March 31, 2011... SailPoint has inaugurated its engineering and support centre at Pune in Maharashtra. The centre will support the increasing international customer base of the company. The centre will also partner with company's engineering team in US to...

VERIZON ACTIVATES CAPACITY ON EUROPE INDIA SUBMARINE CABLE SYSTEM (customers can now avail the benefit of additional diversity and capacity).
March 31, 2011... Verizon has joined the 15-member Europe India Gateway (EIG) consortium of global communication companies to activate the $700- million fiber optic submarine cable. Verizon customers can now avail the benefit of additional diversity and capacity....

AIRTEL LAUNCHES EIG (which stretches from Mumbai to London through Middle East, Africa and Europe).
March 31, 2011... Bharti Airtel has inaugurated the Europe India Gateway (EIG). The 15,000-km cable with an investment of $700 million has capacity of 3.84 Tbps. It offers enhanced diversity and capacity between India and Europe. EIG stretches from Mumbai to...

VODAFONE BETS BIG ON ITS BUSINESS SOLUTIONS (establishes a full-pledged business unit to handle the B2B requirements of its customers).
March 31, 2011... Vodafone Essar has established a full-pledged business unit to handle the B2B requirements of its customers. The business solutions portfolio plays a major role in the overall corporate strategy of the company. Vodafone will offer total...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: BHARAT SANCHAR NIGAM LTD (ranks fourth with a subscriber base of 8,35,91,015 and a market share of 14.81 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Bharat Sanchar Nigam Ltd has been ranked fourth with a subscriber base of 8,35,91,015 and a market share...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: AIRCEL LTD (ranks fifth with a subscriber base of 5,18,31,796 and a market share of 9.19 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Aircel Ltd has been ranked fifth with a subscriber base of 5,18,31,796 and a market share of 9.19 percent. ...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: UNITECH WIRELESS LTD (UNINOR) (ranks seventh with a subscriber base of 2,03,05,550 and a market share of 3.60 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Unitech Wireless Ltd (UNINOR) has been ranked seventh with a subscriber base of 2,03,05,550 and a market...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: VIDEOCON MOBILE SERVICES (ranks eighth with a subscriber base of 60,11,233 and a market share of 1.07 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. Videocon Mobile Services has been ranked eighth with a subscriber base of 60,11,233 and a market share of...

GROUP COMPANY-WISE PERCENTAGE MARKET SHARE-JANUARY 2011: STEL LTD (ranks 11th with a subscriber base of 25,14777 and a market share of 0.45 percent).
March 31, 2011... The Cellular Operators Association of India (COAI) has released the information on the market share of GSM operators as at 31 Jan 2011. STel Ltd has been ranked 11th with a subscriber base of 25,14,777 and a market share of 0.45 percent. The...

BSNL SLASHES BROADBAND TARIFF BY UP TO 75% (in the two categories of general users and home users).
March 31, 2011... Bharat Sanchar Nigam Ltd (BSNL) has brought down the post-paid broadband tariffs by up to 75 percent in the two categories of general users and home users. BSNL offers limited and unlimited downloads under both the categories. The company is...

TECHCOM PENETRATES INTO KARNATAKA (partners with 1,000 retailers and 40 distributors).
March 31, 2011... Techcom is targeting sales of 1.25 lakh mobile handsets in Karnataka in 2011 and expects to capture a 5 percent market share by 2012, with an investment of Rs10 crore. The company has partnered with 1,000 retailers and 40 distributors....

IRCTC ENTERS INTO NON-RAILWAY CATERING (negotiates with PSUs and corporates).
March 31, 2011... The Indian Railway Catering and Tourism Corporation (IRCTC) is planning to enter non-railway catering. At present IRCTC serves 1.7 million railway passengers per day and sells around 10 lakh meals per day. IRCTC is currently negotiating with...

DRUK AIR TO OPERATE FIVE FLIGHTS A WEEK FROM DELHI; DAILY FLIGHTS FROM KOLKATA (in the summer season).
March 31, 2011... Druk Air, the national carrier of Bhutan, is planning to operate five flights a week from Delhi to Uma and daily flights from Kolkata to Uma in the summer season. The airline operates four flights from Delhi and three flights from Kolkata in...

SHALBY HOSPITALS SIGNS MoU WITH GUJARAT GOVERNMENT (for establishment of educational institutes and hospitals in the state).
March 31, 2011... Shalby Hospitals has entered into a memorandum of understanding (MoU) with the Government of Gujarat for establishment of educational institutes and hospitals in the state. Shalby is setting up 200-450 bed multispecialty hospitals in...

SMITHS MEDICAL SETS UP SUBSIDIARY IN MUMBAI (to leverage its network and enhance its direct-to-customer business).
March 31, 2011... Smiths Medical, an international medical device manufacturer, has presence in India for over 20 years through its distributor network. The company has set up a 100 percent subsidiary recently in India at Mumbai to leverage its network and...

CARL ZEISS MEDITEC OPENS CARIn IN BENGALURU (intends to focus on product and application development).
March 31, 2011... Carl Zeiss Meditec (CZM) has inaugurated its Centre for Applications and Research, India (CARIn) in Bangalore. CZM has presence of over 10 years in India. CARIn will focus on product and application development. The company is also looking...

INDIA REGISTERS WORLD'S FASTEST GROWING ENGINEERING EXPORTS (in Dec 2010 at $5.5 billion following increased demand from the US and the Middle East markets).
March 31, 2011... India's engineering exports in Dec 2010 stood at $5.5 billion, up 50 percent year-on-year. According to the Engineering Export Promotion Council, the growth in exports is attributed to increased demand from the US and the Middle East markets. Of...

SAIL TO INVEST Rs5,000 CRORE TO DEVELOP CHIRIA IRON ORE MINES (by 2014 for the requirements of its plants in Bokaro, Burnpur, Durgapur and Rourkela).
March 31, 2011... Steel Authority of India (Sail) is planning an investment of Rs5,000 crore in developing the mines in Chiria, Jharkhand. The company hopes to commence mechanised mining operations by 2014 to feed its plants in Bokaro, Burnpur, Durgapur and...

INDIA RANKED 5TH IN WIND ENERGY PRODUCTION (and eighth in investments in clean energy technologies).
March 31, 2011... India is the fifth largest wind energy producer and eighth in investments in clean energy technologies, said the Minister of Commerce & Industry, Government of India. The minister informed this while opening the seventh edition of...

LANCO TO INVEST Rs3,000 CRORE IN PHOTOVOLTAIC UNIT AT CHHATTISGARH (the phase I of the project with an investment of Rs1,370 crore to be over in 15 months).
March 31, 2011... Lanco Solar of the Lanco Group is planning an investment of Rs3,000 crore in setting up a photovoltaic unit at Rajnandgaon, Chhattisgarh, in two phases. The annual capacity of the plant would be 250 megawatts and is slated to be ready by 2014....

INDIA'S MRO INDUSTRY TO BE WORTH $1.5 BILLION BY 2020 (and the country's air traffic to reach 362 million passengers by 2021-2022).
March 31, 2011... India's aircraft maintenance, repair and overhaul (MRO) services market is estimated to grow to $1.5 billion from $500 million now by 2020. The expected growth in the MRO industry is due to airline companies acquiring more planes to meet the...

HAL PLANS Rs20,000-CRORE MODERNISATION PUSH (to be funded through internal accruals over a period of 10 years).
March 31, 2011... Hindustan Aeronautics Limited (HAL) is planning an investment of Rs20,000 crore for modernisation. The investment to be funded through internal accruals would be spread over 10 years. The company, which has 19 manufacturing units and 10...

DECEMBER INDUSTRIAL OUTPUT SLOWS TO 20-MONTH LOW (at 1.6 percent compared to 16.8 percent in Dec 2009).
March 31, 2011... India's industrial output grew 1.6 percent in Dec 2010, the lowest in 20 months. The growth in industrial output in Dec 2009 was at 16.8 percent. Industrial output in Nov 2010 rose 2.7 percent.

GOVERNMENT OF RAJASTHAN, BPCL INK MOU TO MARKET PRODUCTS FROM REFINERY (BPCL would lift 75 percent of the total volume of marketable petroleum products).
March 31, 2011... The Government of Rajasthan and Bharat Petroleum Corporation Limited (BPCL) have signed a memorandum of understanding (MoU) for marketing products from the proposed oil refinery at Barmer. As per the marketing agreement, BPCL would lift 75...

R-POWER, NTPC SIGN SOLAR ENERGY DEAL (for the 100-mw plant to come up in Bikaner region in Rajasthan).
March 31, 2011... Reliance Power Limited has signed a power purchase agreement (PPA) with NTPC Vidyut Vyapar Nigam (NVVNL) for solar thermal power project of 100 megawatts (mw) in Rajasthan. The company has formed its subsidiary, Rajasthan Sun Technique Energy...

EIGHT NEW OVERBRIDGES TO COME UP IN JAIPUR (to avoid traffic congestion on railway tracks).
March 31, 2011... Jaipur will have eight railway overbridges to avoid traffic congestion on railway tracks. Jaipur Development Authority and North Western Railway would jointly undertake the project. The bridges are likely to come up at places like Kanakpura,...

HONDA MOTORCYCLE AND SCOOTER INDIA (to set up its facility in Rajasthan with an investment of Rs500 crore).
March 31, 2011... Honda Motorcycle and Scooter India (HMSI) is setting up a plant at Tapukara Industrial Area near Bhilwadi, Rajasthan. The plant with a capacity to produce six lakh scooters and motorcycles is estimated to cost Rs500 crore. The proposed facility...

NIPPON PIPE INDIA (to invest Rs190 crore by 2015 in Rajasthan to set up its steel tube components plant).
March 31, 2011... Nippon Pipe India is investing Rs190 crore in Rajasthan in setting up its steel tube components plant by 2015. The project would come up at Majrakath Japanese zone, Neemrana, Alwar district. The company proposes to invest Rs55 crore in phase I...

ONGC LIMITED (to invest Rs650 crore in Rajasthan to set up its wind power project).
March 31, 2011... ONGC Limited is investing Rs650 crore in Rajasthan to set up its wind power project. The proposed plant will have the capacity to produce 102 megawatts of power. The plant would generate 200-210 million units annually.

ULTRATECH CEMENT LTD (to invest Rs2,000 crore in Rajasthan to set up a cement plant).
March 31, 2011... Ultratech Cement Ltd is investing Rs2,000 crore in Rajasthan to set up cement plant. The plant with an annual installed capacity of three million tonnes would come up in Nawalgarh tehsil, Jhunjhunu on 1,006 hectares. The project is scheduled to...

LAFARGE (to set up a cement plant in Rajasthan).
March 31, 2011... Lafarge is setting up greenfield cement plant with a capacity of 2.6 million tonnes per annum in Rajasthan. The project would come up in Bavaria village, Chittorgarh. The cost of the project is Rs1,600 crore. The company through this project...

AMBUJA CEMENT LIMITED (to set up its cement plant in Nagaur district in Rajasthan).
March 31, 2011... Ambuja Cement Limited is setting up a cement plant in Nagaur district, Rajasthan. The plant with an annual installed capacity of two million tonnes is estimated to cost Rs1,500 crore. The project, which is scheduled to commence operations in...

KHUSHKERA-BHIWADI-NEEMRANE IR - PHASE IA (to come up at Alwar district in Rajasthan).
March 31, 2011... The Khushkera-Bhiwadi-Neemrana investment region (IR) is likely to be located at Alwar district in Rajasthan. The IR would boost industrial development in the region, besides concentration of manufacturing activity in the district. The district...

ORISSA DISCOMS INVESTED Rs1,426 CRORE ON CAPEX (since the privatisation of electricity distribution in the state).
March 31, 2011... The electricity distribution companies (discoms) of Orissa have together invested Rs1,426 crore on capital expenditure (capex) since the privatisation of electricity distribution in the state. The Orissa discoms include Central Electricity...

GMR RAISES Rs520 CRORE DEBT (from IIFCL).
March 31, 2011... GMR Infrastructure has raised Rs520 crore as debt from India Infrastructure Finance Company Ltd (IIFCL) for modernising the international airport at Delhi. It now has a total debt of Rs9,283 crore for its airport arm.

ENAM INFRA FUND TO INVEST Rs3,700 CRORE IN INFRA (and energy projects in India).
March 31, 2011... The Cabinet Committee on Economic Affairs, Government of India has cleared the investment proposal of Enam India Infrastructure of Mauritius. The venture capital fund will invest Rs3,700 crore in infrastructure and energy projects in India.

KARNATAKA SPENDS Rs10,000 CRORE IN AERO (to make Bangalore as a major aerospace hub).
March 31, 2011... The Government of Karnataka is trying to attract investments worth Rs10,000 crore in aerospace sector to make Bangalore as a major aerospace hub. It is currently having an investment proposal of Rs5,000 crore to set up Bangalore Aerospace...

KOLKATA PORT TRUST INVITES BIDS FOR MULTIPURPOSE JETTY (estimated to cost Rs290 crore).
March 31, 2011... The Kolkata Port Trust has invited bids for construction of a 270- metre long riverine multipurpose jetty at the Haldia dock. The jetty is estimated to cost Rs290 crore. It will be implemented through the public-private-partnership model.

BEML MAKES DREDGING EQUIPMENT (in partnership with an European firm).
March 31, 2011... BEML will enter into a partnership with an European firm to manufacture dredging equipment. BEML is targeting Rs1,000 crore turnover in three years from its dredging division.

KoPT, RAILWAYS CONNECT PROJECT (for the proposed new port at Sagar island).
March 31, 2011... The Kolkata Port Trust (KoPT) and Indian Railways have joined hands for the Rs2,000 crore rail-road connectivity project for the proposed new port at Sagar island. KoPT will build the new port at an estimated cost of Rs3,000 crore.

ABAN TO RETURN DRILLSHIP (Deep Venture, which is idle).
March 31, 2011... Aban Offshore's joint venture, Venture Drilling, will return its idle drillship Deep Venture. It will do so to reduce the maintenance cost and benefit from the resultant cash flow of $65 million.

PUNE METRO RAIL APPROVED (by the Government of Maharashtra).
March 31, 2011... The Government of Maharashtra has approved a metro rail project for Pune. The Pune metro rail project is estimated to cost Rs2,281 crore.

INDIA'S LONGEST RAIL BRIDGE INAUGURATED IN KERALA (and was built in 28 months at a cost of Rs200 crore).
March 31, 2011... Rail Vikas Nigam has completed the construction of India's longest rail bridge that was built in 28 months at a cost of Rs200 crore. The bridge with a length of 4.62 kilometres connects Idapalli to Vallarpadam in Kochi.

ARUNACHAL DEVELOPS ROAD INFRA (at a cost of Rs69.92 crore).
March 31, 2011... The Ministry of Development of North Eastern Region, Government of India has approved development of road infrastructure in four districts of Arunachal Pradesh at a cost of Rs69.92 crore. The amount was sanctioned by the ministry from the Non...

NPCC BAGS PROJECT AT MUMBAI HIGH (worth $227 million).
March 31, 2011... National Petroleum Construction Company (NPCC) of Abu Dabhi has bagged a project worth $227 million from ONGC. The engineering, procurement and construction contract is for a wellhead platform project at the offshore Mumbai High.

OIL PSUs CAPEX AT Rs74,800 CRORE (for 2011-2012).
March 31, 2011... The oil public sector undertakings (PSUs) like ONGC will together invest over Rs74,800 crore for 2011-2012 as capital expenditure (capex). ONGC alone will invest Rs30,040.02 crore for 2011-2012 as capex.

NMPT BEGINS WORK ON BERTH (number 13).
March 31, 2011... New Mangalore Port Trust (NMPT) has begun work on the construction of berth number 13. The work will be completed in 20 months. The new berth will handle petroleum, oil and lubricant products at the port.