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Industry

Industrial growth slows down to 1.6% in December

Industrial growth slowed down to 1.6 per cent in December, 2010, from 18 per cent in the same period a year ago. The slow down is due to the poor performance of the manufacturing sector. In November, 2010, the Index of Industrial Production (IIP) had expanded by a meagre 2.7 per cent. Official data released […]

Industry

Sterlite Industries (India) Limited Announces Completion of the Acquisition of Black Mountain Mines in South Africa

Mumbai : Sterlite Industries (India) Limited (“Sterlite”) today announces the completion of the acquisition of a 74% interest in Black Mountain Mining (Pty) Ltd (“Black Mountain”) in South Africa from Anglo Operations Limited, a member of the Anglo American plc Group, for a share value of $260 million. Sterlite is also replacing the Shareholder loan […]

Industry

BHEL likely candidate for Maharatna status: Praful Patel

Heavy Industries Minister Praful Patel on Friday said BHEL is likely the next candidate to get the coveted Maharatna tag, a move that will provide more financial flexibility to the state-run power equipment manufacturer. “One of the companies which can qualify for Maharatna status in near future is BHEL…,” Patel told reporters on the sidelines […]

Industry

Components to Construct Two 49,000-dwt Jones Act Tankers to be Sold at Auction

United States : Hilco Industrial, LLC, and partners Myron Bowling Auctioneers, Maynards Industries, and PPL Group, will conduct a public auction sale of the assets of Keet Seel Tankships, LLC, and First Mesa Tankships, LLC on February 15, 16, and 17, 2011 The auction will feature the components necessary to construct two 49,000-dwt Jones Act […]

Industry

India’s engineering exports grow by 50 per cent

India’s engineering exports grew by about 50 per cent year-on-year to 5.5 billion dollars in December last year. The gain is attributed to increased demand from US and Middle East markets. Engineering Export Promotion Council, EPCH said, there are good number of orders from the US and Middle East but the recovery in the European […]

Industry

Convert your mobile into a personal music player in just Rs. 2.50

Hyderabad: To subscribe to this Unlimited Music service, a Uninor Customer simply needs to dial the toll free number 52222 and request this service. Once subscribed to the service customers can browse through thousands of popular songs across various genres such as Bollywood, International Hits, Popular Music and even Regional Chartbusters as part of this […]

Industry

InterGlobe General Aviation Announces Delivery to India of the 2000th King Air C90

New Delhi : InterGlobe General Aviation Pvt. Limited, a subsidiary of InterGlobe Enterprises and the exclusive representative for Hawker Beechcraft Corporation, the world’s leading manufacturer of business and special mission aircraft, today announced the delivery of the 2000th King Air C90 to an Indian customer based in Delhi. Entering into the market more than 45 […]

Industry

Comm on TRP recommends increasing sample size

Expressing dissatisfaction over the current system of gauging popularity of TV programmes, a committee constituted to review the Television Rating Point (TRP) system has recommended increasing the sample size from the present 8,000 homes to 30,000 in both rural and urban areas. The committee, which submitted its report to Information and Broadcasting Minister Ambika Soni […]

Industry

Ux Consulting Issues Groundbreaking Study on Small Modular Reactor Assessments

United States: The Ux Consulting Company, LLC (UxC), a leading provider of global market and consulting services in the nuclear industry, announces the release of a groundbreaking, in-depth report on Small Modular Reactor Assessments (SMRA). Over the past year, UxC’s team of reactor market analysts worked with international reactor technology and design consultants on this […]

Industry

Seals Technologies Presents All-weather Phone SEALS VR7

Twickenham: Bauma 2010, the fifth international exhibition for construction and building material machines, construction vehicles and equipment, was held on Nov 23-26, 2010 in Shanghai China. With a wide range of products and services, Bauma 2010 attracted over 150,000 professional visitors from more than 165 countries. A couple of records have been refreshed regarding the […]