Voltas Limited and Tata Enterprise has signed definitive agreement to acquire majority stake in Rohini Industrial Electricals.
Under the deal, Voltas will pay consideration of around of Rs 62 crore for 51% stake in RIE. Both the parties have agreed that Voltas may increase its equity stake in RIE up to 100% in future.
Mumbai based Rohini is engaged in undertaking large turnkey Electricals and Instrumentation projects for Industrial and Commercial sectors.
Arshiya International Limited, an India headquartered global Logistics and Supply Chain Services Company, has signed a purchase deal worth Rs 71 crore with Finnish equipment manufacturer, Kalmar Industries (part of Cargotec Corporation) to supply seven (7) E-One+ rubber-tyred gantry (RTG) cranes and ten (10) DRF450 reach stackers.
After getting a green signal from the people of 2 villages of Keonjhar district, World’s largest integrated metals and mining company ArcelorMittal has started the process of land acquisition for its 12 million tonnes per annum steel plant in Orissa.
The company now hopes to take the possession of the required land by the end of this year.
Infosys Technologies, a multinational information technology services company, has decided to set up its single largest campus at Pocharam village on the outskirts of Hyderabad.
The proposed campus is company’s second campus, which is being constructed on a 447-acre special economic zone (SEZ) with a total investment of Rs 1,250 crore.
To be built in three phases, the campus will have a sitting capacity of 25, 000 people, and will be finalized over a period of ten years.
Resurgere Mines & Minerals India Limited is entering the capital markets on 11th August 2008 with a public issue of 4,450,000 Equity shares of Rs 10 each through 100% book building process. The price band has been fixed at Rs 263 to Rs 272 per Equity share of Rs 10 each. The issue closes on 13th August 2008. The issue comprises reservation of 2.50 lakh equity shares for eligible employees, leaving the net issue to the public of 42 lakh shares. The net issue would constitute
Voltas Limited and Tata Enterprise has signed definitive agreement to acquire majority stake in Rohini Industrial Electricals.
Arshiya International Limited, an India headquartered global Logistics and Supply Chain Services Company, has signed a purchase deal worth Rs 71 crore with Finnish equipment manufacturer, Kalmar Industries (part of Cargotec Corporation) to supply seven (7) E-One+ rubber-tyred gantry (RTG) cranes and ten (10) DRF450 reach stackers. 
World’s largest integrated metals and mining company ArcelorMittal has started the process of land acquisition for its 12 million tonnes per annum steel plant in Orissa. 
has decided to set up its single largest campus at Pocharam village on the outskirts of Hyderabad.
Resurgere Mines & Minerals India Limited is entering the capital markets on 11th August 2008 with a public issue of 4,450,000 Equity shares of Rs 10 each through 100% book building process. The price band has been fixed at Rs 263 to Rs 272 per Equity share of Rs 10 each. The issue closes on 13th August 2008. The issue comprises reservation of 2.50 lakh equity shares for eligible employees, leaving the net issue to the public of 42 lakh shares. The net issue would constitute 
