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GMR Infra wins road contract from NHAI

GMR Infrastructure Ltd said on Tuesday its consortium has been awarded a road construction project from the National Highways Authority of India in the southern state of Karnataka. The estimatedMore

Koutons Retail to open 200 stores by FY11

Retailer Koutons Retail India plans to open 200 stores in FY11 in addition to its existing 1,400, a senior official said on Tuesday. Of the 200 stores, 100 would be family concept stores, whichMore

SAIL Bhilai unit set to return to normal production

Fire-hit Bhilai Steel Plant, the largest unit of public sector Steel Authority of India Ltd (SAIL), will soon return to its normal production of about 17,000 tonnes hot metal a day. RestorationMore

L&T gets orders worth $125 m

Indian engineering and construction firm Larsen & Toubro said on Tuesday it won orders for four electrical projects in India and the United Arab Emirates, totally worth Rs 582 crore ($125More

Jet Air passenger traffic up 4th straight month in Jan

Private carrier Jet Airways said on Tuesday it posted a 30 per cent growth in international passenger traffic in January while domestic passenger traffic grew 26 per cent compared with last year.More

Sadbhav Engg consortium wins Rs 1200 cr contract

Sadbhav Engineering Ltd said on Tuesday a consortium led by the company has been awarded a Rs 1225 crore road construction contract from National Highways Authority of India.More India businessMore

Strides gets FDA nod for hypertension drug

Strides Arcolab Ltd said on Tuesday it received US Food and Drug Administration nod for labetalol hydrochloride injection. Labetalol is a generic equivalent of Prometheus Laboratories TrandateMore

Jet in cargo venture talks with FedEx

Jet Airways Ltd , India's largest private carrier, is in initial talks with FedEx Corp to launch a dedicated cargo airline, the Mint newspaper reported on Tuesday, citing sources. The new airlineMore

GMR Infra in PE talks to raise $322 m

Indian conglomerate GMR Infrastructure is in advanced talks with private equity firms to raise about Rs 1500 crore ($322 million) for its power unit, the Economic Times reported, citing the group'sMore

Approach patents body first: HC to pharma firms

Delhi High Court dismisses six petitions of drug majors.More

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