Hindustan Construction Company (HCC), one of the leading construction and civil engineering firm, has signed two MoUs with Gujarat Government for a total investment of Rs 41,500 cr.
The company stated in an official release that it has signed the first MoU with the Gujarat Government Infrastructure Board, to develop a water front city with a total investment of Rs 40,000 crore.
Sources revealed that the proposed new city will be on the lines of Lavasa, India's first hill city being built by the company near Pune, Maharastra.
Jubilant Organosys, an integrated pharmaceutical industry player, has notified that its Bangalore-based subsidiary Jubilant Biosys Ltd, has entered into a drug discovery partnership with BioLeap, LLC, USA.
Under the relationship, BioLeap and Jubilant will integrate BioLeap's leading edge computational fragment based drug design platform with Jubilant's expertise in chemistry, biology and crystallography to offer a highly competitive preclinical drug development platform.
Cambridge Solutions Limited has informed that its wholly owned subsidiary, Cambridge Integrated Services Group has entered into a significant new contract with Compagnie Pour Assistance Technique et Investissements S. A. (CATISA), to provide consulting services, business development and procurement services over the next two years.
The contract has a value of up to US$15 million over this period.
At the Vibrant Global Investers Summit 2009, Ahmedabad, Gujarat NRE Coke Ltd, country’s largest independent coke producer, announced that it is all set to invest around Rs 300 crores in Gujarat over the next 4 to 5 years.
The metallurgical coke producer said that it will invest Rs 12 billion in a 200 megawatt (MW) wind power project and Rs 10 billion in a 200 MW thermal power plant.
Gujarat NRE would also invest Rs 5 billion on adding additional capacity at its coke and coal preparatory plants and Rs 3 billion on a 60 MW heat-based power plant.
The Union Ministry of Communications & Information Technology has provided 4.4 MHz of Spectrum in 1800 MHz GSM band to Unitech Ltd for the West Bengal telecom circle. The company has announced that it would soon start telecom services in the West Bengal Service Area.
The company has already been allotted spectrum in 21 service areas. The telecom arm of real estate major Unitech Ltd, Unitech Wireless is also planning to launch 3G services in near future. State run MTNL has already launched 3G services in national Capital Region.
Shreyas Shipping & Logistics Ltd has sold its vessel `M V OEL Aishwarya` for USD 972,637.20. The company is facing the heat of global financial crisis and posted record losses in the September quarter of this financial year.
The funds from recent sell out would help to overcome liquidity problem being faced by company following global financial crisis.
The company posted loss of Rs 19.46 million in the reporting quarter while recorded profit of Rs 60.31 million in the same quarter last year. Its net sales registered an increase of 30.55% to Rs 539.58 million.
Hindustan Construction Company (HCC), one of the leading construction and civil engineering firm, has signed two MoUs with Gujarat Government for a total investment of Rs 41,500 cr. 
Jubilant Organosys, an integrated pharmaceutical industry player, has notified that its Bangalore-based subsidiary Jubilant Biosys Ltd, has entered into a drug discovery partnership with BioLeap, LLC, USA. 
Cambridge Solutions Limited has informed that its wholly owned subsidiary, Cambridge Integrated Services Group has entered into a significant new contract with Compagnie Pour Assistance Technique et Investissements S. A. (CATISA), to provide consulting services, business development and procurement services over the next two years. 
At the Vibrant Global Investers Summit 2009, Ahmedabad, Gujarat NRE Coke Ltd, country’s largest independent coke producer, announced that it is all set to invest around Rs 300 crores in Gujarat over the next 4 to 5 years.
The Union Ministry of Communications & Information Technology has provided 4.4 MHz of Spectrum in 1800 MHz GSM band to Unitech Ltd for the West Bengal telecom circle. The company has announced that it would soon start telecom services in the West Bengal Service Area.
Shreyas Shipping & Logistics Ltd has sold its vessel `M V OEL Aishwarya` for USD 972,637.20. The company is facing the heat of global financial crisis and posted record losses in the September quarter of this financial year. 
