India's leading provider of microwave wireless technologies, Astra Microwave Products Ltd has won INR 570 million (USD 11.5 million) order from Israel's ELTA Systems Ltd. A group subsidiary of Israel Aerospace Industries, ELTA is a world leader in electromagnetic sensors-based advanced defense systems for radar, electronic warfare, and communications.
The order is for the supply of microwave wireless sub-systems for India's defense radar programme. The contract is effective between November
United Spirits Ltd (USL) has announced the merger of Tamil Nadu-based Balaji Distilleries Ltd .The board of USL approved the all-stock deal and the merger will be effective April 1, 2009. The swap ratio fixed by the company is 2:55, i. e. two shares of United Spirits for 55 shares held in Balaji Distilleries.
Balaji Distilleries began in 1983 and has since been a contract manufacturing unit for UB group, with a distillery capacity of producing 10 million cases per annum and brewing capacity of 9 million dozens per annum.
Margao: Sporting Clube de Goa got over a firm challenge to down JCT 2-1 at the Nehru Stadium here on Sunday. With this, Sporting Clube de Goa finished the first phase of the ONGC I-League at the top of the table.
Both the goals for Sporting Clube were scored by Junior Obagbemiro (29th and 47th) while one goal from JCT was scored by Jagpreet Singh in the 56th minute of the match.
Mumbai: An average/above average response seemed to be on the cards but there was a surprise in store when the Subhash Ghai's latest offering, Yuvvraaj opened to a below average response all over.
A lot was expected from the real life jodi - Salman Khan and Katrina Kaif having being paired romantically first time together but their on screen chemistry appeared completely thanda.