Will explore Australia, New Zealand through Stirling partnership

NMDC Ltd, the largest supplier of iron ore in the country, is said to have entered into an agreement with West Australian mineral resources developer Stirling Resources Ltd to jointly identify and acquire coking coal and iron ore assets in Australia and New Zealand.

The partnership is likely to enable NMDC to use its expertise to tap resources in both the countries. It will also be able to lend its expertise in mineral exploration to the Australian company.

KEC International, one of the largest Power Transmission EPC companies in the world, has secured two orders worth Rs 227 crore from Power Grid Corporation for supplying power transmission equipment.

In a disclosure to the Bombay Stock Exchange, the maker of power equipment said that it has received two 765 kV S/c projects in Madhya Pradesh and Maharashtra and in Punjab and Haryana from PGCIL.

Sign up: Nano cars will be on display at Tata Motors dealerships from the first week of April. Bookings will begin from the second week, the company said on Thursday.

The mystery over the sale process of fraud-hit Satyam Computer continues to keep bidders guessing as Thursday's meeting of the company's board remained inconclusive on the key bidding terms.

Sources said the process would take another 10 days to be finalised.

Though the company has not made an official announcement on the outcome of the board meeting, sources said the board is keen on consulting the market regulator before taking any key decision on the terms of the bidding.

Educomp Solutions, the Gurgaon-based education firm, said on Thursday it is aware a first information report (FIR) complaint accusing the company of fudging its balance sheets to manipulate its stock prices was filed on February 13 by two investors named Gajendra and Rajendra Kumar.

The company denied all allegations and has sought an enquiry into the FIR.

BMW India announced the opening of infinity cars showroom in Worli, its dealership facility in Mumbai.

Infinity cars brings to Mumbai the BMW standards of sales and service and the same international experience as any BMW dealership worldwide.

The new showroom is located at Seth Motilal Sanghi Marg, opposite Nehru Planetarium in Worli and the workshop is located in Chembur. The showroom and workshop are headed by. Pooja Choudary, Managing Director, Infinity cars.