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RCom get $266 mn loan from Chinese Bank

RCom get $266 mn loan from Chinese Bank

Anil Ambani group firm Reliance Communications on Friday said it has drawn the third and final tranche of Rs 1,200 crore ($ 266 million) from the Rs 8,700 crore ($… Read more »

Bharti to invest $1 bn in Africa

Bharti to invest $1 bn in Africa

Consolidating its operations in Africa, Bharti Airtel will invest $1 billion (about Rs 4,500 crore) in the continent to expand its network throughout 16 countries. “We have already invested $11… Read more »

Railway revenue earnings up by 11.68 pc from 1–10 May 11

Railway revenue earnings up by 11.68 pc from 1–10 May 11

The total approximate earnings of Indian Railways on originating basis during the period from 1st to 10th May 2011 were Rs. 2665.32 crore compared to Rs. 2386.48 crore during the… Read more »

Palm oil production to touch 3 lakh tonnes in 5 yrs

Palm oil production to touch 3 lakh tonnes in 5 yrs

Agriculture Ministry has made a detailed work plan for implementing the special programme to increase area under oil palm by 60,000 hectares. Presently, oil palm is planted in about 1.71… Read more »

Govt clears 1000 MW lignite based thermal power project at Neyveli

Govt clears 1000 MW lignite based thermal power project at Neyveli

The government’s cabinet committee on Infrastructure has approved the proposal for installing 1000 MW lignite based Thermal Power Project at Neyveli consisting two units of 500 MW each at an… Read more »

Railway revenue earnings up by 10.74 pc in April 2011

Railway revenue earnings up by 10.74 pc in April 2011

The total approximate earnings of Indian Railways on originating basis during April 2011 were Rs. 8080.55 crore compared to Rs. 7296.69 crore during the same period last year, registering an… Read more »

SEZ exports in 2010-11 up by 43 pc

SEZ exports in 2010-11 up by 43 pc

The Minister of State for Commerce Jyotiraditya M. Scindia presented the EPCES Export Awards to EOUs and SEZ Units for Outstanding Export Performance for 2008-09, here recently. Speaking on the… Read more »

Hiranandani Group to invest Rs 3000 cr

Hiranandani Group to invest Rs 3000 cr

Mumbai-based realty major Hiranandani Group plans to invest Rs 2,000-3,000 crore in the next one year for developing residential complexes and commercial spaces, a top company official has said. “We… Read more »

Govt collects a whopping Rs 7.90 lakh crore in taxes for 2010-11

Govt collects a whopping Rs 7.90 lakh crore in taxes for 2010-11

The government has collected an “unprecedented” Rs 7.90 lakh crore in taxes in 2010-11 while refunds worth Rs 74,000 crore have been issued during the fiscal, Finance Minister Pranab Mukherjee… Read more »

Gold sells like hot cake on Akshaya Tritiya

Gold sells like hot cake on Akshaya Tritiya

Investors rushed to trade in gold ETFs, which allow investment in yellow metal in non-physical electronic mode, on ‘Akshaya Tritiya‘ today with turnover nearing Rs 500 crore on two bourses… Read more »

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