tagged w/ Latest Business Updates
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Chinese power equipment maker Shanghai Electric Group Co has said it will supply USD 8.29 billion worth of generators and components to Anil Ambani Group's coal-fired super-critical thermal power plants. In a filing to the Hong Kong stock exchange, the company said"contracts (for the supply) order are expected to be signed"today. The USD 8.291 billion contract with Anil Ambani group firm Reliance Power is for 36 coal-fired generators of 660-megawatt, and spare parts to be supplied over a decade for three power stations. http://www.indiareport.com/India-usa-uk-news/latest-news/925470/International/2/20/2Chinese power equipment maker Shanghai Electric Group Co has said it will supply USD... more
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Seeking to give new impetus to the bilateral relations, India and Malaysia today formally announced firming up of Comprehensive Economic Cooperation Agreement (CECA) to boost trade and decided on a range of other engagements in various sectors, including defence. http://www.indiareport.com/India-usa-uk-news/latest-news/924586/International/2/1/2Seeking to give new impetus to the bilateral relations, India and Malaysia today... more
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Amid expectations that RBI may raise short-term rates to contain inflation, the government today admitted that it is difficult to bring down the rate of price rise to an ideal level of 4-5 per cent, while the central bank said it is a challenge to keep it under check. http://www.indiareport.com/India-usa-uk-news/latest-news/924523/Business/4/30/4Amid expectations that RBI may raise short-term rates to contain inflation, the... more
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