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India’s leading material handling equipments maker Elecon Engineering Company Ltd, has secured three orders worth Rs 51.74 crore from different clients. 

The scope of work involves design, engineering, manufacturing, testing, supplying, erecting and commissioning of material handling and other equipments. 
 
The company has picked first contract worth Rs 15.50 crore from Techpro Systems, Chennai. Under the arrangement it will supply one stacker, one bucket wheel reclaimer and one lot drives for SAIL-RMD-BOLANI Iron Ore mines project. 
 

IVRCL Infrastructures & Projects Limited (IVRCL) has informed that it has secured the lift irrigation project, from the Government of Andhra Pradesh, Irrigation & CAD Department.

The project is valued at Rs 499.23 crore.

Under the arrangement, the company would execute Kaleswaram Lift Irrigation Scheme, which includes investigation, designs, with allied works lifting of 4.50 TMC of water from Godavari River near Kannepally (V) of Kaleshwaram, Mahadevpur (M), Karimnagar District. The project is expected to be completed in 48 months. 

Country's largest cellular operator Bharti Airtel has informed that it would launch direct-to-home (DTH) satellite television service christened 'Airtel digital TV' initially in 62 cities from October 9, 2008.

The company claims that Airtel digital TV uses the latest MPEG4 standard with DVB S2 technology, which translates into exceptional picture clarity and consistent high quality audio for the customer. 

In addition Airtel digital TV also uses 20% larger dish antenna that offers better performance during rain.

GVK Power & Infrastructure Ltd has informed that the company has divested its entire stake in its subsidiary, GVK Aviation Pvt. Ltd.

As a result, GVK Aviation (P) is no more a wholly owned subsidiary of the company from Sep. 30, 2008.

GVK Aviation Pvt. Ltd, founded in 2007, engages in the business of aviation, owning and chartering of private aircrafts and helicopters. 

In June 2007, the company acquired 100% equity stake in GVK Aviation, which became a wholly-owned subsidiary.