The Tata Group has plans to launch worldwide its low-cost housing project, which began with the integrated township being built Boisar, a suburb of Mumbai.
Bharti Airtel’s net profit, total revenues down on quarter-on-quarter basis
The 11.6-kilometre-long expressway, the elevated corridor that connects Hyderabad, the capital city of Andhra Pradesh, with the new Shamshabad Rajiv Gandhi International Airport, is likely to be thrown open for vehicular traffic by Diwali.
Sterlite Energy Limited, of the Vedanta Group, has won the bid to develop India’s first ultra-mega-power transmission project, which is aimed at bringing surplus power from the country’s eastern states and the North-East to the northern region.
The Indian Railway has introduced two more superfast, non-stop Duronto Express trains – this time, between Pune and Hazrat Nizamuddin, and between Chhatrapati Shivaji Terminus in Mumbai and Howrah. Both strains are bi-weekly.
The second Duronto Express – the superfast, non-stop, point-point train – has started service between Chennai Central station and Hazrat Nizamuddin station in Delhi.
The Sealdah-New Delhi ‘Duronto’ express – India’s first point-to-point, non-stop train – has been flagged off from the Sealdah station in Kolkata.
IDEA Cellular, one of the leading telecom operators in India, has joined hands with Reuters Market Light (RML), a part of the global information company Thomson Reuters, to launch the ‘Krishi Voucher’ scheme aimed at subscribers in villages.
Etisalat DB Telecom is outsourcing the implementation of its information technology applications to Tech Mahindra. The deal, valued at $400 million (about Rs 2,000 crore), is spread over 10 years.
Infrastructure firm IL&FS Financial Services Limited has offered to buy 13.25 million equity shares (22.51%) of paid-up capital in Maytas Infra Limited at Rs 112.80 rupees a share.