Wednesday, September 30, 2009

Corporate News

􀂄 GAIL Ltd is constructing pipelines worth Rs 18,000 crore,
which will add 6,000 kilometres to its gas transportation
network over the next three years.

􀂄 Tata Consultancy Services (TCS) stated that it has been
chosen by Carnation Auto to provide end-to-end system
integration services.

􀂄 Sahara Prime City, part of Subrata Roy-led Sahara Group
filed the draft prospectus with the market regulator Sebi for
its initial public offer to raise up to Rs 3,450 crore.

􀂄 Oil India Ltd, the state explorer that lists on stock exchanges
tomorrow, plans to set up a mini -liquefied natural gas (LNG)
plant to monetise stranded natural gas in out-step fields in Assam.

􀂄 MindTree announced it has entered into an agreement with
San Diego-based mobile handset maker Kyocera Wireless
Corporation (KWC) for acquiring its Indian subsidiary based in Bangalore.

􀂄 Unity Infraprojects announced it has received a contract
worth Rs 54.56 crore from Amanora Park Town for
construction related works.

􀂄 Sadbhav Engineering announced it has bagged orders
worth Rs 477 crore from Jharkhand Road Projects
Implementation Company for road construction related works.

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