Indian Business
SAIL To Make Investment Of $12 Bln To Set Up 4 Plants Overseas
Submitted by Gurpreet Singh on Tue, 02/22/2011 - 09:57
Steel Authority of India Ltd is making plans to invest around $12 billion to establish four steel facilities abroad.
On the sidelines of a steel conference organized by the Indian Chambers of Commerce, Mr. C. S. Verma, SAIL Chairman, stated, "We will invest about $12 billion to set up four overseas units. Each of these units will have a capacity of 3 million tones."
Rajesh Exports To Invest Rs 6,500 Crore For Retail Expansion
Submitted by Gurpreet Singh on Mon, 02/21/2011 - 08:24
Rajesh Exports has reserved Rs 6,500 crore for its entry in the retail segment to establish a 550-store network pan-India by 2014.
Etisalat All Set To Buy 26% In RCom
Submitted by Manish Sood on Tue, 07/20/2010 - 10:08
UAE-based telecom operator, Etisalat is close to purchasing around 26% equity stake in Anil Ambani group firm Reliance Communications Ltd for approximately of Rs 15,000 crore.
RCOM representative refused to comment whilst Etisalat executives did not answer phone calls.
