Binani Cement Ltd has decided to make an investment of more than Rs 900 crore for establishing greenfield plants both in India as well as abroad to raise its overall production capacity to 15 million tonnes by the next three years (2011-12).

The company plans to invest around Rs 800 crore on the construction of a new plant in Gujarat, which would have an installed production capacity of about 2.5 million tonnes.

Moreover, the company is also eyeing a unit in Mauritius with a proposed capacity of two million tonnes.

Satyam Computer Services can hope for revival as three new Directors have been announced by the Indian government. Deepak Parekh, Kiran Karnik and C. Achuthan have been appointed to Satyam Computer’s board. The members of board have a tough job ahead. In order to retain client confidence, offer security to employees and control the bad rumors about the company, lot has to be done in the days to come.

Reliance Natural Resources (RNRL) and Reliance Industries would wait for court's verdict on the pricing and ownership issue of Dadri gas project. The court would take up hearing on Monday and counsels of both parties are ready to fight legal battle in the court.

The bench comprising Justice KK Tated and Justice JN Patel would hear the pleas of both parties to address the issue. Earlier, Justice KK Tated was scheduled to be shifted on accounts of some administrative rules.

KLG Systel has made announcement that company's power system solution (PSS) division has secured an order worth Rs 306 million from Uttar Haryana Bijli Vitran Nigam (UHBVN).

According to sources, this is the repeat order, which has been awarded to the company for executing engineering procurement construction (EPC) project.

The major activity of India-based KLG Systel is to offer software, information technology solutions and IT enabled services.

Vijay Mallya controlled Kingfisher Airlines has announced that it intends to expand its routes in South Asia. According to sources, company's first flight in South Asia will start from January 19, which will connect Chennai and Bangalore with Colombo.

The private air-carrier (Kingfisher) has also intends to roll out a Bangalore-Dubai flight on February 8, while Mumbai-Bangkok and Bangalore-Bangkok flights are expected to launch on the February 12 and Kolkata-Dhaka flight on February 16.

BOC India, the arm of BOC Group, which is the second largest industrial gases company in the world, has secured an order from state-run Steel Authority of India Ltd (SAIL) for supply of gas to meet its increasing demand.

Under the 15-year long term contract, BOC will supply 2600 tpd of oxygen, nitrogen and argon gases to SAIL, to meet its incremental demand as the company is expanding capacity at its Rourkela Steel Plant.