Reliance Infrastructure in syndicate with Y Auxiliar De Ferrocarriles, S A (CAF) of Spain inked financial agreements for long term loans with different financial institutions including lead manager Axis Bank in Delhi for their next project, Delhi Airport Metro Express Pvt. Ltd. (DAMEPL), a Special Purpose Vehicle (SPV).
In the next 24 to 48 hours, Reliance Industries (RIL) will start their gas production at the Krishna Godavari (KG) basin. The production of gas from the Dhirubhai 6 (D6) block will boost the revenue from the refinery to up an estimated amount of $2 billion when the production is at its peak capacity.
With Russia being seen as a market with great potential for growth, Kerala Tourism has made its inaugural entry at the Moscow International Travel and Tourism (MITT) exhibition.
The state run Indian Oil received government’s consent to merge with the Bongaigaon Refinery and Petrochemicals Ltd. The ministry of corporate affairs sanctioned the merger scheme of both the firms.
An Olay Regenerist anti-ageing skin cream commercial featuring Eve Cameron, the beauty director of She magazine, has been banned for misleading viewers.
Symbyax, a drug for treatment-resistant bipolar 1 depression got FDA clearance today. Symbyax is the first-ever drug to get official clearance for treatment-resistant bipolar 1 depression. Symbyax, made by ELi Lilly, is a combination of olanzapine and fluoxetine HCl capsules.
The Leela Kempinski Gurgaon, The Leela Palaces, Hotels & Resorts' first northern Indian property has been opened in Gurgaon, Delhi. It is not far from the Indira Ghandi International Airport (IGI) New Delhi, and is sure to provide a luxurious experience to the travelers. On a good day, you can reach Gurgaon in 20-30 minutes from the airport.
A Wall Street Journal senior editor was accused of writing three articles which allegedly insulted the city-state's judiciary. She been fined 10,000 Singapore dollars (6,660 US) for contempt of court on the same issue.
Business Standard today informed its Bombay news desk staff that the production work currently done at the Bombay desk will be shifted to Delhi. The staff at the Bombay desk have been asked to move to the Delhi office, said sources. AK Bhattacharya, managing editor at Business Standard and Shyamal Majumdar, Resident Editor conveyed the decision at a meeting today. The desk staff have been asked to give their suggestions, but it seems the decision is final. The news desk has around 7 staffers.
GMR Hyderabad International Airport Limited (GHIAL) and the Rajiv Gandhi International Airport have been awarded an ISO 27001:2005 (Information Security Management System) certification by the auditors of BSI (British Standards Institute).