Neyveli Lignite Corporation, a government-owned lignite mining company, has decided to raise Rs 1,750 crore through issue of bonds in order to meet capital expenditure requirement for presently running projects.

The directors of the company at its meeting on December 26, 2008 permitted to raise Rs 500 crore by issuing secured non-convertible taxable bonds and Rs 1,250 crore through debt.

Washington  - US President George W Bush is to meet with Sudanese Vice President Salva Kiir on Monday at the White House, where they will discuss the status of the long-running conflict and genocide in Darfur, the White House said Friday.

Kiir is first vice president of the government of National Unity of Sudan and president of the government of Southern Sudan.

Amman  - Jordanian police on Friday used batons and teargas to disperse thousands of demonstrators who tried to reach the Israeli embassy to protest the continuing airstrikes on the Gaza Strip.

The clash was the first between demonstrators and police in Jordan since the start of the Israeli offensive last Saturday, when the Israeli embassy in Amman was placed under heavy security.

Apart from winning various orders worth 294 crore, Era Infra Engineering Ltd today bagged another contract worth Rs 49.51 crore from BHEL, the country’s premier engineering organization.

The order is for civil, architectural and structural works for GSECL, 1x500 MW Ukai TPS Extension Unit # 6 CHP & AHP Project, District Surat, Gujarat.
The company stated in a release that, the cost of steel is not included in the value of the order as BHEL will supply it free of cost.

Pharmaceutical company Strides Acrolab has announced receipt of two ANDA approvals for Sterile vancomycin in HCL USP 500mg and 1g per vial and sterile Vancomycin HCI USP 5g per vial pharmacy bulk package.

The products are licensed to Akorn-Strides,LLC, which is a joint venture that was formed in 2004 by Akorn Inc. and Strides Arcolab Limited.

Era Infra Engineering Ltd, a unified infrastructure development conglomerate, has informed that the company has pocketed four orders worth Rs 294.13 crore.

The company has secured first contract worth Rs 88.78 crore from National Institute of Technology, Calicut for construction of "Mega Hostel" at NIT, Calicut. The scope of work includes civil works, plumbing & sanitary works, electrical installation work, fire hydrant and alarm works, road and drain works.