In latest happening, Electronics giant Philips has revealed its plans to manufacture light emitting diode (LEDs) lighting products in India.
The company intends to make LED range with the help of vendors spread across Kolkata, Delhi and Daman. However, on receiving good response, the company may set up its own manufacturing base in India.
The latest move is in line with the company's vision to deliver energy conserving solutions.
Mumbai-headquartered Niraj Cement Structural Ltd has notified that it has secured a Letter of Intent (LOI) for contract worth Rs 135.20 crore from Haryana State Roads & Bridges Development Corporation Ltd, Chandigarh.
The scope of work includes construction of Improvement of Modal Punhana Nagina Road, Uttawar Sikrawa to Bhadas Road, Bori Kothi Punhana Road in Mewat / Palwal District.
Diversified media firm Network 18 Media & Investments has notified that one of its promoters Raghav Bahl has pledged 15.20 per cent stake with a bank and a financial institution for a loan.
An official release stated that Bahl has pledged in total 93.90 lakh shares with Sicom and State Bank of India, for a loan of Rs 94 crore.
It may be noted that the promoter has pledged 10.35 lakh shares, or 1.58 per cent, with Sicom for an existing loan of Rs 19 crore availed by Network 18 India Holdings
(subsidiary of Network18).
K Raheja Group-promoted Shopper's Stop Ltd has entered into an MOU with Amalgamated Bean Coffee Trading Company Ltd (ABCTCL), to set up Cafe Coffee Day
(CCD) cafes at Shoppers Stop stores.
Under the MoU, the existing cafes operated by Shoppers Stop shall be converted into the Cafe Coffee Day formats, over the next few months, while all new stores will be designed with CCD outlets.
The first CCD format outlet within Shoppers Stop stores is likely to begin by April this year.
Infosys Technologies, the second largest services firm of country by revenue, would take tough stance against poor performers. With 2,200 of its employees already been put under scanner for non-performance, things may be tough for the current staff.
However, the company ruled out any lay-offs and said that it wouldtake other measures to cut costs and increase business efficiency.
In latest happening, Electronics giant Philips has revealed its plans to manufacture light emitting diode (LEDs) lighting products in India. 
Electric car maker Reva Electric Car Co has informed that it will launch a new model powered by advanced battery technology this year.
Mumbai-headquartered Niraj Cement Structural Ltd has notified that it has secured a Letter of Intent (LOI) for contract worth Rs 135.20 crore from Haryana State Roads & Bridges Development Corporation Ltd, Chandigarh.
Diversified media firm Network 18 Media & Investments has notified that one of its promoters Raghav Bahl has pledged 15.20 per cent stake with a bank and a financial institution for a loan. 
K Raheja Group-promoted Shopper's Stop Ltd has entered into an MOU with Amalgamated Bean Coffee Trading Company Ltd (ABCTCL), to set up Cafe Coffee Day 
Infosys Technologies, the second largest services firm of country by revenue, would take tough stance against poor performers. With 2,200 of its employees already been put under scanner for non-performance, things may be tough for the current staff.
