L&T-Outotec Group Gets Rs 7620 Mn Order From SAIL

L&T’s Engineering Construction and Contracts (ECC) segment, in association with Outotec GMBH, has bagged an Rs 7,620 million order for construction of a sinter plant, from SAIL.

Sinter plant of 2 X 204 square metre grate area with a total capability of 3.80 million ton annually, would be fulfilled on a turnkey basis, at the IISCO Steel Plant (ISP) of SAIL, at Burnpur, West Bengal. The project is likely to be completed in 30 months.

Welspun India Quarterly Net Rises Over 22%

Welspun India has registered a 22.41 per cent growth in its net earnings, which stood at Rs 92.3 million for the quarter ended June 2007, as against Rs 75.4 million in the same period of the last year (2006).

The company recorded a 33 per cent increase in its net sales at Rs 2,647.42 million for the quarter (June 2007) as compared to Rs 1,988.95 million in 2006.

Total Income was seen at Rs 2,771.28 in the quarter, as against Rs 1,950.72 for the year ago period.

Inflation Rate Falls To 3.5% From 3.79%

Mumbai: For the week ended September 1, inflation rate, which is based on the wholesale-price-index dangled to 3.5 per cent as compared to 3.79 per cent in the previous week.

In late January, annual inflation jumped to a more than two-year high of 6.69 per cent, but relented after the RBI stiffened plan and the administration slash duties on a slew of commodities in order to chill prices.

Britney was ‘pushed’ into performing at VMAs

Washington, Sep 14: It seems that Britney Spears could have steered clear of her embarrassing VMAs performance, had she not been pushed into performing.

According to a report in the New York Times, the “Toxic’ singer’s record label, Jive was unwilling to sign her for the show, but Spears still went on to perform, thanks to her entertainment lawyer Gary Stiffelman, who recommended otherwise.

Muslims welcome start of the holy month of ‘Ramadan’

Cholesterol tests at 15 months of age may help prevent heart disease later in life

London, Sept 14: A study has revealed that children of 15 months of age should have their cholesterol levels tested to prevent heart disease later in life.

Familial hypercholesterolaemia, meaning high cholesterol running in families, affects about two in every 1000 people and causes very high levels of low density lipoprotein (LDL) or ‘bad cholesterol’ in the blood. And high cholesterol carries a higher risk of death from coronary heart disease.

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