business

The government has given its nod for restructuring of National Highways Authority of India (NHAI) and also to constitute a search committee for the appointment of chairman for the highways regulatory body. Under the restructuring plan, the search committee will involve in selection of chairman for NHAI for at least three years, which may be … Read more Govt nods restructuring NHAI

General Motors India is planning to go for a nation wide launch of its pre-owned vehicles business within three to four months in a move to boost its revenue earnings from sales amidst the ongoing economic slowdown. The company plans to roll out 10 outlets for used cars in select cities across the country. It … Read more GM India to build – Used car business in India

Tyre manufacturing major MRF has launched a new series of tyres under the brand ‘Wanderer’. The premium range of SUV tyres can be fitted on all versions of Mahindra Scorpio, Boleo, Xylo, Tata Safari and Sumo. The all-terrain tyre has been engineered for long-life and high-speed operation. A company release said that the reinforced steel-belt … Read more MRF launches new series of tyres – Wanderer

State Bank of India (SBI) is planning to provide marketing support for its small and medium segment (SME) clients by setting up a new business-to-consumer portal. The companies can sell their products to the customers of the bank through this portal. The proposed portal is likely to be launched by March or April. However, SMEs … Read more SBI to set up new portal for SME clients

Hindustan Dorr Oliver has bagged an order for uranium ore processing plant from Uranium Corporation of India (UCIL) worth Rs 441 crore for its greenfiled ore mining and processing facility with a capacity of 3000 MTPD coming up at Tumalapalle in Andhra Pradesh on LSTK basis. The process plant will adopt innovative Alkali Pressure Leaching … Read more Hindustan Dorr bags order worth Rs 441 crore from UCIL

Suzlon Energy Australia, a step-down wholly-owned subsidiary of Suzlon Energy, has entered into an agreement with AGL Energy for supply of 54 units of Suzlon’s S88-2.1 MW wind turbine generators translating to 113.4 MW capacity in Australia in 2009. Back home, the company has established a wind farm site to utilize solar energy to power … Read more Suzlon’s subsidiary bags contract in Australia