Company News

Microwave still going after 40 years and 150,000 meals claimed to be UK’s oldest

Microwave still going after 40 years and 150,000 meals claimed to be UK’s oldestLondon, January 24 : A Panasonic oven that has been in working condition for more than 40 years, and used for making over
150,000 meals, is claimed to be Britain's oldest working microwave.

Proud owner Frederick Stephens, a 78-year-old grandfather-of-four, has been using it on a daily basis ever since he bought it in the Sixties.

He paid 250 pounds for it at a time when microwaves were still "life-changing" additions to the family kitchen.

Microsoft to slash up to 5,000 jobs

MicrosoftNew York - Software giant Microso

Fraud-hit Satyam inflated number of employees, prosecutors say

Hyderabad, SatyamNew
Delhi - The founder of fraud-hit Indian information technology firm
Satyam had diverted billions of rupees from the company and inflated
the number of employees to withdraw cash, a public prosecutor said
Thursday according to news reports.

The prosecutor made the comments during a hearing of the police's
request for extension of custody of Satyam founder Ramalinga Raju and
the company's former chief financial officer Vadlamani Srinivas in a
court in the southern city of Hyderabad, PTI news agency reported.

Varun Shipping gets delivery of fourth AHTS

Varun Shipping gets delivery of fourth AHTSMumbai-based energy carrier Varun Shipping has informed that it has taken delivery of fourth 2008 built 16,100 BHP Anchor Handling Towing and Supply Vessel (AHTS).

The company will used this for deep sea oil exploration activity going on in areas like North Sea, KG basin and Atlantic Ocean off the coasts of Nigeria, Brazil and Mexico.

With the latest acquisition, the company owns a well diversified fleet of 20 vessels comprising of 11 LPG carriers, 3 double hull aframax crude tankers and 6 anchor handling towing and supply vessels.

Kilburn Engineering wins orders worth Rs 21.9 crore; stock surges 6%

Kilburn Engineering wins orders worth Rs 21.9 crore; stock surges 6%Mumbai-headquartered Kilburn Engineering has received orders worth Rs 21.9 crore for supplying dryers from Tata Chemical, Tea Estates and Rice Mills.

The company has won an order worth Rs 11.10 crore for supply of calciner from Tata Chemical while secured an order worth Rs 10.80 cr from tea estates and rice mills for supply of tea and paddy dryers.

Petron Engineering secures order worth Rs 8.72 crore

Petron Engineering secures order worth Rs 8.72 croreThe Mumbai-based Petron Engineering Construction has secured an order worth Rs 8.72 crore for electrical erection power plant from Lanco Infratech.

The scope of work includes complete package of electrical erection for their 366-MW combined cycle power plant in Andhra Pradesh

Incorporated in 1976, Petron Engineering provides services in mechanical, erection, piping, electrical, instrumentation, painting, refractory and insulation work for refineries, chemicals, petrochemicals, cement, fertilizers, metallurgical, power plants and other industrial plants.

Pages