Tata Power to stop supply to Reliance Energy `area'
Mumbai: Tata Power Company on Friday assured the Maharashtra Electricity Regulatory Commission that it would "unconditionally" stop supplying power to consumers in rival Reliance Energy's (previously BSES Ltd) territory.
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Sakthi Auto to double capacity
Coimbatore: Sakti Auto Component Ltd, riding the crest of the automobile sector boom, is investing about Rs 40 crore to double the capacity of its unit near Perundurai in Erode district, Tamil Nadu.
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Punjab Hotels to come under Taj GVK fold
Hyderabad: Taj GVK Hotels & Resorts Ltd, the city-based hospitality joint venture between the Tatas and GVK group, is planning to merge with itself Punjab Hotels Ltd , the five-star hotel based in Chandigarh recently acquired from the India Tourism Development Corporation.
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Jindal Steel's rail mill starts production
Kolkata: Jindal Steel & Power Ltd has finally commissioned its rail-cum-structural mill, which has also started commercial production, according to Mr V. Gujral, Vice-Chairman and CEO of the company.
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Maya Academy to set up more centres
Hyderabad: Maya Academy of Advanced Cinematics, the animation and special effects institute division of Maya Entertainment Ltd, is planning to set up franchisee centres across the country.
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Kabra Drugs fails to seek cover under SICA
New Delhi: Repeated attempts to seek protection under the Sick Industrial Companies Act (SICA) by the Madhya Pradesh-based bulk drugs manufacturer Kabra Drugs Ltd (KDL) have failed.
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RailTel plans net service on moving train
Chennai: RailTell Corporation of India Ltd plans to sign an agreement with a Canadian firm to enable Internet services on a moving train, according to Mr R.C. Sharma, Managing Director, RailTel
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