Month: January 2009

Hindustan Construction Company Ltd (HCC) has informed BSE that HCC-Laing-Sadbhav Consortium i.e. Hindustan Construction Co. Ltd (HCC) John Laing Corporation Investment Ltd (U.K.) and Sadbhav Engineering Ltd has received a Letter of Award from National Highways Authority of India, New Delhi, to construct the 96.5 km highway from Maharashtra-Madhya Pradesh Border to Dhule on NH-3 … Read more HCC bags Rs 1415 crore BOT project of NHAI

Jindal Petroleum has signed four production sharing contracts with the Georgia government for exploration and production of oil and gas in four blocks. Out of the four blocks, the affiliate of Jindal Steel and Power is likely to have 85% share in three blocks, while in the fourth block it will have 100% share.

Ansal Housing & Construction Ltd has informed us that on January 18, 2009, the Company launched a new Township Project named “Ansal Town”, at Meerut. This is a Township Project located at National Highway ? 58 and the project is approved by Meerut Development Authority (MDA). This Township Project is spread over an area of … Read more Ansal Housing – New Township “Ansal Town”-Meerut

Japanese drugmaker Daiichi Sankyo is going to bid for a 20% stake in Zenotech Laboratories, a unit of Indian generic drugmaker Ranbaxy Laboratories. Daiichi Sankyo has already acquired a 63.9 % stake in Ranbaxy last year. Further, the company has been reported to lower its open offer price to Rs 113.62 per share from the … Read more Daiichi Sankyo to bid for a 20% stake in Zenotech

Private oil companies like Reliance Industries (RIL), Essar Oil and Shell India have expressed concerns over the unfair pricing strategies being adopted by the public oil companies, which have forced the private sector nearly out of the business. The petroleum and natural gas regulatory board (PNGRB), the apex regulatory and quasi judicial body for the … Read more Pricing parity between private, public oil companies under review