Pune-based forgings maker Bharat Forge Ltd (BFL) plans to step into the manufacture of ultra heavy forgings catering to the power sector, including nuclear plants.

Under the proposed plan, the company would setup a new company and pump in Rs 1000 crore to Rs1, 200 crore.

BFL would hold major stake in the new plant. The company plans to form the latest plant with help of JV partners, for which it is already is in talk with various firms.  

The company would set up the new company at Gujarat or Vizag and the location would be finalized by the year-end. The plant is expected to be operational in three years.

Pune, Aug. 7 : Ever since software developers and hardware experts made their presence felt in Pune in 2002, there has been no looking back for the Information Technology (IT) sector in this industrial city of Maharashtra.

The progressive trends in the IT industry have benefitted businesses like real estate, hospitality and consumer services to a great extent.

The business ventures of real estate and hospitality have directly and indirectly gained the optimum from the IT boom in Pune.

In the real estate market, there has been a visible growth where it has generated around 70,000 employment opportunities.

Around 30,000 to 40,000 commercial buildings and residential dwellings have been constructed annually.

Pune, Aug 1: Planning Commission Deputy Chairman and noted economist Montek Singh Ahuwalia will be awarded with “Lokmanya Tilak Puraskar” here today for his contribution to the country’s economic growth.

The award includes a gold medal, a citation and Rs one lakh.

Earlier, Chairman of Lokmanya Tilak Trust Deepak Tilak had said, “Ahluwalia would be awarded on the death anniversary of the freedom fighter Balgangadhar Tilak whom the British described as the ‘father of Indian unrest’”.

Pune, July 25 : Several birds facing a difficult time due to absence of fully developed trees have been provided special tiny homes here at the Empress Botanical Garden by nature and bird lovers.

Artificial nests have been set up on trees by utilizing items like petrol cans, old letterboxes, plastic cans, wooden boxes and pots. These are firmly attached to support such as a tree or wall facing away from the heat of the sun and avoiding the usual direction of the strong wind or rain.

Sun TV Network has announced that the company has launched a new FM radio station at Pune, under the brand ‘S FM’ through its subsidiary South Asia FM Ltd.

The programs will cater to the audience of all age groups and can be heard at 93.5 MHz frequency.

Kalanidhi Maran-promoted media group, Sun TV Network Limited was formerly known as Sun TV Limited. The Company's principal activity is to produce and broadcast satellite television and radio entertainment media in regional languages in South India.