Best Western signs up with Vedic Village Spa Resort
Best Western India (BWI) the part of the World’s largest Hotel Chain has signed up with Kolkata-based “Vedic Village Spa Resort”. read more..

Outokumpu achieves 25 % reduction in Carbon Dioxide emissions per ton of stainless steel produced
Finland based leading European stainless steel producer Outokumpu has announced that facilities have the smallest carbon footprint of all stainless steel producers in Europe. In general, the company notes that the firm’s output is 10 to 20 percent lower than the EU average. read more..

Parsvnath Developers To Invest Rs 7,000 Crore In The Next Five Years
Parsvnath Developers will invest Rs 7,000 crore in the next five on as many as 57 projects. read more..

IVRCL bags Rs 1,125-cr road project
IVRCL Infarstructures and Projects Ltd., has announced that it has bagged a road project worth Rs 1,125 crore that involves six laning from 102 km to 145 km on Chengapalli to Coimbatore bypass along with a four-lane project near Coimbatore. read more..

Toshiba-JSW JV plans to invest US$160mn
Toshiba, Japan’s largest supplier of nuclear reactors, is planning to invest US$160mn with India’s JSW Group in a proposed joint venture to make steam turbines and generators. read more..

ACC acquires 100 % equity stake in Encore Cements
The Associated Cement Companies (ACC) Limited has announced that it has acquired 100 per cent equity stake in Encore Cements and Additives Private Limited (ECAPL). read more..

BHEL to set up super-critical thermal power project in MP
Madhya Pradesh Power Generation Company Limited (MPPGCL) and Bharat Heavy Electricals Limited (BHEL) have formed a Joint Venture Company (JVC) to Build, Own and Operate a 2x800MW Thermal Power Plant with Supercritical parameters at Khandwa in Madhya Pradesh. read more..

SAIL signs MOU with KEIC
Further to the wide-ranging economic relationship between  India and Korea, Steel Authority of India Limited (SAIL) signed a Memorandum of Understanding with Korea Export Insurance Corporation (KEIC). read more..

Salman Khurshid presents 2nd KPMG Infrastructure Today Awards
The second edition of India’s premier infrastructure awards were held at a function amidst presence of key industry leaders at The Grand, New Delhi. read more..

L&T bags two Chennai Metro Rail tenders
Chennai Metro Rail Ltd has awarded to Larsen & Toubro Ltd two tenders for constructing elevated viaducts. read more..

Tata Steel to form JV with Nippon Steel
Nippon Steel, Japan’s largest producer of the metal, has agreed to co-operate with India’s Tata Steel Ltd. on automobile steel production as demand increases for cars in the world’s second-fasted growing major economy. read more..

Lanco Infratech bags Rs 5,675 cr contract
Lanco Infratech has bagged orders worth Rs 5,675 crore from its subsidiary Lanco Mahanadi Power for setting up power plant in Maharashtra. read more..

Construction Companies To Remain Stable In 2010
Fitch Ratings has today said, in a just published Special Report, that it expects the 2010 outlook for the Indian construction industry to be Stable, though a significant increase in asset ownership through build, own, operate and transfer (BOOT) projects may lead to some negative rating pressure. read more..

Deshmukh urges Industry to gear up for power sector challenges
Vilasrao Deshmukh has urged the Indian Electrical to gear up to meet the challenges emerging from the massive power sector development programs of the Govt. of India. read more..

Government unveils Renewable Energy Certificate norms
Central Electricity Regulatory Commission (CERC) has notified Regulation on Renewable Energy Certificate (REC) in fulfillment of its mandate to promote renewable sources of energy and development of market in electricity. read more..

SAIL signs MoU with IIIT, BIMTECH and IMT for academic collaboration
Steel Authority of India Limited (SAIL) has signed Memorandum of Understanding (MoU) for academic collaboration with Birla Institute of Management and Technology (BIMTECH), Greater Noida read more..

ACC Kudithini inaugurates ACC’s 4th cement plant in Karnataka
ACC Kudithini Cement Works was inaugurated by G Janardhan Reddy the Hon’ble Minister for Tourism and Infrastructure Development Government of Karnataka, in the august presence of senior members of the local Government and Administration and other distinguished guest. read more..

Outokumpu Awarded The Best Corporate Responsibility Reporting In FinlandFinland
Outokumpu, global leader in stainless steel, for the second consecutive year was was ranked best in the Finnish corporate responsibility reporting review. read more..

L&T bags order worth Rs20bn from GMR Energy
Larsen & Toubro has received an order valued over Rs. 20bn from GMR Energy Limited, for setting up a 2 x 384 MW gas based power plant at Vemagiri, near Rajamundry, Andhra Pradesh on a lumpsum turnkey basis. read more..

World Bank approves US$4.3bn in loans for India
The World Bank has approved US$4.3bn in loans for India to help it bolster its tardy infrastructure and help shore up the capital of some public sector banks. read more..