According to reports, gold price may hit an all-time high of Rs 22,000 per 10 grams by 2010 end as improbability in the US as well as European economic systems' forces capitalists to rely upon the costly metal.

A survey carried out by the Associated Chambers of Commerce and Industry (Assocham), the price of yellow metal is expected to reach around Rs 21,000 (per 10 gms) during the upcoming festive season.

Indore-headquartered ITL Industries Ltd has received a bulk order worth of Rs 54.93 crore from Steel Authority of India Ltd (SAIL), the largest integrated iron and steel producer in India.

ITL Industries said in a release that this is the biggest single order in the company's history for supply of slitting line and tube mill.

Founded in 1986, ITL Industries Limited provides cutting solutions primarily in India. It offers 60 different models of bandsaw machines ranging from 100 mm to 1500 mm cutting capacity with manual, semi automatic, automatic, and CNC machines.

Taneja Developers and Infrastructure Ltd (TDI), one of the fastest growing real estate/ infrastructure Company in India belonging to TDI Group, plans to pump Rs 300 crore in developing two township projects over the next 4-5 years.

The company plans to launch two residential townships in Indore and Meerut spread over 150 acres each, in the next six months.

The company has earmarked investment worth Rs 150 crore in each township, toward the construction. The company would fund the project in the form of mix of debt and equity.