Larsen & Toubro, the country’s largest manufacturer of equipment for the nuclear power sector, has announced that it has received an order from Bhutan.
The project to be executed by L&T’s construction division is for the construction of the Dam Package, which is a part of the 1,200 MW Punatsangchhu-I Hydroelectric Project Authority in Bhutan.
The project is being set up by the Punatsangchhu-I Hydroelectric Project Authority that has been constituted through a contract between the Indian Government and the Royal Government of Bhutan.
The motorcycle sales figures reported Thursday by the two-wheeler maker Bajaj Auto indicate that the month of March saw a 14.40 percent drop - from the earlier-year figures of 1,54,443 units to 1,32,210 units. Nonetheless, the drop in March motorcycle sales happens to be lower than the December levels, when the company sold merely 61,546 units.
For the third month in a row, the March sales of automobiles have been better-than-anticipated, bringing a reported 21.87 percent increase in the total sales of Maruti Suzuki India (MSI) during the month. A year-on-year comparison between the sales figures for March indicates that the sales jumped from 70,296 units last year to 85,669 units.
In its profit after tax (PAT) statement reported Thursday, the state-managed Bharat Heavy Electricals Ltd (BHEL) said that in the financial year that ended March 31, 2009, the company's year-on-year PAT figures showed an increase of 6.9 percent.
New Delhi, Apr 2: Reliance India Ltd. (RIL) achieved a landmark in the history of oil and gas production when its deep-sea Krishna Godavari basin fields flowed to the surface on Thursday.
With Bharti AXA Investment Managers failing to make much of an impression in the market, Bharti Enterprises is working its way out of the mutual fund joint venture with the French biggie AXA, almost after a year of the registering of the asset management company. The fund, which started its operations in July 2008, had assets under management of Rs 186 crore as of February 2009.
