Engineering and construction major Punj Lloyd Ltd has secured an order worth Rs 303.95 crore for construction related work from Municipal Corporation of Delhi.
The scope of work includes development of parking facility near Jawaharlal Nehru Stadium for the forthcoming Commonwealth Games-2010.
Earlier this month, Punj Lloyd, one of the most dynamic and successful companies in Infrastructure sector in India, has signed a memorandum of understanding with the US-based nuclear energy company Thorium Power Ltd to jointly explore the possibilities of nuclear fuel generation in India.

Gurgaon-based infrastructure development company C&C Constructions Ltd has received an order worth Rs 781 crore for a dedicated freight corridor from New Karwadiya to New Ganj Khwaja in Bihar.

This work is of 105 kilometers on the Mughal-Sone section of the Eastern Corridor, which has to be finished by the next 36 months.

The project will be carried out in company with its joint venture partner M/s BSCPL Infrastructure Ltd.

M/s BSCPL Infrastructure Ltd is equal partner in this contract.

Engineering and construction major, Larsen & Toubro (L&T) has received three orders worth Rs 1,372 crore from three different steel companies for engineering related works.

The company has received an order worth Rs 516 crore from Vedanta Aluminium for setting up of an alumina refinery at its three-million-tonne-per-annum (MTPA) Lanjigarh plant in Orissa.

The scope of the order, which would be completed in 20 months, involves civil, structure, tanks, equipment erection, piping and commissioning assistance for the alumina refinery.

The growth index of six core industries declined to 3.4 per cent in Octobe,r as compared to 4.6 per cent in the same month last year. The decline is reported, following slow in demand and production cuts imposed by various core sectors. Steel production recently imposed a 20 percent production cut due to the decline   in infrastructure sector as per data released by the commerce and industry ministry.

A further 2.37 million shares has b

Healthcare insurance business could not be expanded as per expectations due to the inefficient healthcare infrastructure of the country. Public private partnership should be encouraged to cover the large Indian population under health insurance cover. There is an immense need to improve the government health institutions and traditional health schemes. These views were expressed by the chairman of the Insurance Regulatory and Development Authority (IRDA), Mr. J. Hari Narayan, who was speaking at the Health Insurance Summit 2008 organized by the Confederation of Indian Industry (CII).