Subhash Projects And Marketing Ltd (SPML), an infrastructure development company in India, has secured an order worth Rs 69.37 crore from the Karnataka Urban Water Supply and Drainage Board, Karnataka.
The scope of work includes supply and execution of 1,168 mm diameter M. S. Rising Main from Jack well at Saundatti to Water Treatment Plant at Amminabhavi.
In addition, the project involves design, construction, supply, installation, testing, commissioning, trial run and maintenance of 68 million litres a day capacity water treatment plant for a period of 12 months.
Sahara India Power Corporation Ltd., the unit of Sahara Prime City Limited has informed that it has signed a Memorandum of Understanding (MOU) with the Government of Orissa for setting up a 1320 MW (2 x 660) Coal Based Thermal Power Plant in Turla Tehsil of Balangir District.
Aurobindo Pharma, one of the largest API manufacturers in Asia, has in
IT & BPO services and consulting firm Hexaware Technologies has decided to put 350 of its employees on 'virtual bench' in a bid to control costs and to mitigate the impact of global slowdown on its business. Recently, Mumbai-based IT firm Mastek had taken such step on similar grounds.
The fraud hit Indian IT firm, Satyam Computer Services is looking for a strategic partner in a bid to achieve adequate growth rate in the aftermath of disclosure of largest ever corporate fraud committed by its founder chief, B. Ramalinga Raju and other executives of firm. The company is currently under the control of Government-administered board, which is struggling to wash its bad image and retain the clients.
Zaragoza, Spain - General Motors Europe will file for bankruptcy protection unless it urgently obtains 955 million euros (1.2 billion dollars) to cover immediate payment needs, employees' representatives at a Spanish GM factory said in a statement Wednesday.
