India's largest cable company, Polycab Wires and Cables, has entered into an alliance with France's Nexans to set up Euro 60-million (Rs 400-crore) project near Baroda in Gujarat.

The joint venture, with its headquarters in Vadodara in the state of Gujarat, will cover the manufacturing and marketing of special cables for the shipbuilding, material handling, railways and windpower industries.

It has recently come to vision that investment of Rs 450 crore would be made by Areva Transmission & Distribution India in calendar 2009 in order to increase equipment-making capacity at its three new plants as also existing ones. The company may make further investments, if required.

On Friday, it was stated by Rathin Basu, managing director at Areva T&D India that the construction and commissioning of the three greenfield manufacturing sites is going as planned.

Baroda (Gujarat), Aug 29: The Institute of Chartered Accountants of India (ICAI) will organise a two-day workshop on International Financial Reporting Standards (IFRS) here today.

The workshop is intended to give an overview of application of IFRS in Indian scenario.

It will focus more on concepts that are relatively new under Indian GAAP and on topics which by and large potentially impact the net worth and profit or loss under more common situations.

New Delhi, Aug 26 : Institute of Chartered Accountants of India (ICAI) will organise a two-day Workshop on International Financial Reporting Standards (IFRS) at Baroda on August 29 and 30.

The programme, being handled by the Committee for Members in Industry of ICAI, is intended to give an overview of application of IFRS in Indian scenario.

The programme focuses more on concepts that are relatively new under Indian GAAP and on topics which by and large potentially impact the net worth and profit or loss under more common situations.