Company News

Airtel launches new service “My Airtel My Offer”

airtel The largest cellular service provider in India, Bharti Airtel has launched its new service called "My Airtel My Offer" for its prepaid subscribers. The service lets the subscribers know various new schemes and offers by launched Airtel, without receiving any calls or SMSs on their mobile phones.

Areva T&D gets order for two 500 MVA Power Transformers from PowerGrid

Areva T&D gets order for two 500 MVA Power Transformers from PowerGridAreva T&D India, the subsidiary of the France-based Areva Group, has received a prestigious order for two 500 MVA Power Transformers from Power Grid Corporation of India Limited.

The latest orders are considered as the highest in ratio 400 KV 3 phase class transformers in the country, which will PowerGrid in augmenting capacities of their 400 KV Substations at Malerkotla and Patiala in Punjab.

Both transformer orders are scheduled to be delivered by Q3 2010.

Bio Green Industries signs Supply Chain Management Contract; Stock up 5%

sundaramMumbai-based Bio Green Industries Ltd, the parent Company of its wholly owned subsidiary Bio Green Papers Ltd, has signed a supply chain management agreement with Sundaram Multi Pap Ltd, for the procurement of raw material supply chain management.

The company officials believe that with latest agreement; they expect a monthly production of 1000 to 12000 tons of Kraft Paper used by Packaging Industry.

Presently, Bio Green Papers Ltd, has 40 TPD capacity of Kraft Paper and 40 TPD of Duplex Facilities.

Punj Lloyd bags three orders worth Rs 308 crore

Punj Lloyd bags three orders worth Rs 308 crorePunj Lloyd Group, the diversified engineering, procurement and construction (EPC) Conglomerate, today announced three prestigious contracts worth Rs 308 crore for the construction of eight stations from the Bangalore Metro Rail Corporation.

The group is currently constructing Singapore’s Mass Rail Transit (MRT) Downtown Line’s Bayfront station at the Marina Bay, and a section of the MRT Circle Line besides projects for Delhi Metro.

BASF India registers gain of over 15% in its Net Profit (Y-o-Y)

BASF India registers gain of over 15% in its Net Profit (Y-o-Y)BASF India Ltd, the Indian subsidiary of the German group BASF, has finally announced its financial results for the quarter ended on 31-Mar-2009.

The company has witnessed 3.25% surge in its net sales at Rs 20218 lacs for quarter ended on 31-Mar-2009, against Rs 19553 lacs for the quarter ended on 31-Mar-2008.

While on yearly basis, the company’s net sales grew to Rs.111560 lacs for the year ended on 31-Mar-2009, against Rs.91267 lacs for the year ended on 31-Mar-2008.

Galileo ink ‘GDS agreement’ with Akbar Travel of India

Galileo ink ‘GDS agreement’ with Akbar Travel of IndiaGalileo, the leading Global Distribution System in India, had signed a preferred GDS agreement with Akbar Travel of India Pvt. Ltd., the firm which offers all travel related services under one umbrella, to distribute, manage and book travel management services for its customers in India.

This tie-up will enable Akbar travels to use Galileo as its preferred technology partner for booking and servicing all its customers.

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