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Corporate Highlights - IVRCL Infrastructures & Projects' power, buildings and transportation divisions have bagged orders worth Rs 564.62 crore. The orders have come from an assortment of clients, mostly public sector. The power division has secured two supply and services contracts amounting to Rs 359.61 crore from Power Grid Corporation of India. Both the orders are in the transmission line segment. The first one for a 174-kilometre transmission line in the north eastern region is one of the largest orders in the segment for the company with an order value of Rs 239.67 crore. The other order is for a 123-kilometre transmission line from Angul Pooling Station to Jharsuguda Pooling Station (Line-1) (Part-1) in Orissa.

• GEI Industrial Systems has won orders worth Rs 45 crore to supply air-cooled vaccum steam condensers for domestic cement and steel sectors.

• Retail chain Shoppers Stop may increase prices of its products by 6-7% from April this year in order to offset the 10% excise duty imposed on branded apparel in the Budget 2011-12.

• Now with one Finnair ticket and a single check-in you can fly from several major Indian cities to 60 European and 11 Asian destinations. A tie-up between the Nordic carrier and domestic Kingfisher Airlines has made this possible. As per the cooperation between the two carriers, Kingfisher flights from Mumbai, Bangalore, Chennai, Hyderabad, Pune, Jaipur and Ahmedabad will connect fliers to Finnair's European and Asian daily network from Delhi Terminal 3.

• IT education solutions provider Educomp Solutions has bagged two contracts worth Rs 6.81 crore from governments of Gujarat and Assam for developing multimedia content for the state level schools. Information and communications technology (ICT) Division of the company -- Edureach -- has been awarded these two projects by these governments. The total contract value for both the contracts is Rs 6.81 crore.

Economic Highlights - The government has hiked the fair and remunerative price (FRP) of sugarcane by 4.2 per cent at Rs 145 per quintal for the 2011-
12 season, starting October. The FRP of sugarcane for 2010-11 season was Rs 139.12 per quintal. Sugar season runs from October to September. FRP is the minimum price that sugarcane farmers are legally guaranteed. However, the sugar mills are free to offer any price above the FRP.