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Gasoline prices register steep drop

Gasoline prices register steep drop

Unity Infraprojects wins order worth Rs 375.25 crore

Unity Infraprojects wins order worth Rs 375.25 croreUnity Infraprojects has received an order worth Rs 375.25 crore from Pink City Expressway Pvt. Ltd.

The scope of work involves Widening and Up gradation of Existing 4-Lane Road to 6-Lane Road under Contract Package IV from Km 144+770 (Mardha Village) to Km 181+300 (Antela Village) in the state of Rajasthan.

The order is scheduled to be completed within 30 months. 

Lodha Group to enter Hyderabad Market; plans to pump Rs 800 crore

Lodha Group to enter Hyderabad Market; plans to pump Rs 800 croreThe Lodha Group, a Mumbai-based realty player, has decided to enter the Hyderabad market with an estimated investment plan worth Rs 800-crore.

The company plans to build a project christened ‘by Invitation’ to focus on the ‘luxury’ market segment, which would be its first major initiative for the group outside Maharashtra.

Gitanjali Gems acquires Gitanjali Exports Corporation; Q2 Net profit surges 31%

Iceland hopes for support from Nordic neighbours

Iceland hopes for support from Nordic neighbours Helsinki - Nordic nations on Monday promised to review cash- strapped Iceland's need for additional loans, and were to form a working group that would monitor Reykjavik's efforts to revive its economy.

Swedish Prime Minister Fredrik Reinfeldt, current chair of the Nordic Council, said the Nordic group welcomed the deal Iceland signed on Friday with the International Monetary Fund (IMF) for a 2.1-billion-dollar emergency loan from the IMF to help stabilize Iceland's economy.

Bahrain's king in Berlin, promotes business links

Bahrain's king in Berlin, promotes business links Berlin - The king of Bahrain, Hamad bin Isa al-Khalifa, began a visit to Berlin Monday with a focus on both business links and Middle East peace.

After a meeting with German Foreign Minister Frank-Walter Steinmeier, a German statement said both sides stressed trade and industry opportunities ahead, including railway building.

Germany has been promoting its technology for a fast rail link along the southern shore of the Gulf.

They also conferred about Mideast issues and Iran's standoff with the United nations over its nuclear research.

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