Reliance plans Rs 8,000-crore power plant in UP
New Delhi: Reliance Industries Ltd plans to set up a 2,000-3,000-MW power plant in western Uttar Pradesh, involving an investment of nearly Rs 8,000 crore.
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IOC declares 50 per cent interim dividend
New Delhi: The Indian Oil Corporation has declared an interim dividend of 50 per cent (Rs 5 per share).
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TTK-LIG plants get maintenance award
Chennai: TTK-LIG is the first condom manufacturer in the world to win an award from the Japan Institute of Plant Maintenance for setting new quality standards in its manufacturing process.
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Electrolux to dispose of Nandalur plant
New Delhi: The shareholders of Electrolux Kelvinator Ltd have approved the disposal of Nandalur Plant located in Andhra Pradesh.
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Nicholas Piramal buys out Ambalal Sarabhai
stake in joint venture Member
Nicholas Piramal India Ltd today announced the buy-out of its partner, Ambalal Sarabhai Enterprises Ltd's 50 per cent stake in the joint venture, Sarabhai Piramal Pharmaceuticals Pvt Ltd, for Rs 69.3 crore.
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Balrampur Chini promoters sell 10 per cent stake
Kolkata: Promoters of Balrampur Chini Mills Ltd, the city-based Saraogis, have offloaded 10 per cent of their stake in the company in favour of institutional investors.
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MCF plant gets ISO
Mangalore: Mangalore Chemicals and Fertilizers Ltd has been awarded ISO 14001:1996, the environmental management system standard certificate, for its fertiliser complex at Panambur in Mangalore.
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AirTel waives roaming charges for post-paid customers
New Delhi: Airtell has announced a waiver of roaming rentals for all post-paid subscribers across the country.

Starting January 1, AirTel post-paid customers can roam freely without paying any STD deposits or a monthly roaming rental of Rs 99.
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NIIT board approves spin-off scheme
New Delhi: NIIT Ltd on Friday said that its shareholders who hold 100 shares of Rs 10 each will get 75 shares of the same face value of the newly spun-off software company, NIIT Technologies Ltd.
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Honeywell to consolidate operations
Hyderabad: Honeywell International, a $25-billion conglomerate, is in the process of consolidating Indian operations in various technology areas, especially the security and firewall market, while planning to use the strengths of the Indian R& D centre.
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Bartronics unveils biometric products
Hyderabad: Bartonics India Ltd, an automatic identification and data collection solution provider, on Friday launched a multi-layered embedded fused biometric security system and a touchless fingerprint system that use multiple biometric features for identification purposes.
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