Hyderabad based IVRCL Infrastructures & Projects has informed the market that it has bagged project orders worth Rs.359.52 crore from different agencies for construction related works.

In a disclosure to the Bombay Stock Exchange, the company has received the first order of Rs 164.64 crore from Kolkata Metropolitan Development Authority. Under the project, the company will construct Vivekananda Road flyover on turnkey contract basis in Kolkata in a period of 18 months.

Powered by Airtel's Carrier Ethernet Network, the fastest wireline broadband - based on optic fibre-based DSL technology, and offering a speed of 16 Mega bits per second (Mbps) - has been launched in Delhi by Bharti Airtel! A similar launch for Chennai and Bangalore is also on the cards in the near future.

According to revelations by Sarfaraz Nawaz, an arrested Lashker-e-Taiba (LeT) operative, the Pakistan-based militant group intends targeting senior scientists and engineers of the Indian Space Research Organization (ISRO), planning to either kidnap or assassinate them. The revelations from Nawaz came during his interrogation by the Karnataka police about the Bangalore blasts of July 25, 2008.

With the Pune-based Automobile Research Association of India testifying that the Tata Nano consumes less fuel, in comparison to the other available economical small car models, market leader Maruti Suzuki has lost its thus-far-unchallenged position as the manufacturer of the most fuel-efficient car!

Rate pressures up to within striking distance of 1.5000 overnight; likely offers will be thick on any further advance. Aggressive traders can look to lighten up on longs above 1.4950 area. Stops noted above the 1.4880 area on the way up with traders noting stops under there on the way down.

According to the recent IDC India survey, 66 percent of the Chief Information Officers (CIOs) of 467 mid-sized and large companies surveyed expressed the hope that the ongoing global economic crisis will come to an end by December 2009.

As per the CIOs surveyed, the key investment priorities in 2009 would include software-as-a-service; unified communications; business outsourcing and data warehousing; virtualization and open source.