The coal ministry issued orders to revoke mining licences of five blocks of NTPC, Damodar Valley Corp and Jharkhand State Electricity Board with combined reserves of 1,000 million tonnes. Three of the five blocks - Chatti Bariatu , Chatti Bariatu and Kerandari
Friday 17 June 2011
Jyoti Structures has bagged contracts of Rs 524 crore
Jyoti Structures has bagged contracts aggregating to Rs 524 crore from Maharashtra State Electricity Distribution, Jaiprakash Power Ventures and Bhutan Power Corporation.
Essel Propack has signed agreement with Colgate-Palmolive India to set up a plant in Goa
Essel Propack has signed a long-term agreement with Colgate-Palmolive India to set up a plant in Goa at an investment of Rs 400 million
BHEL to set up 5-MW solar power plant for KPCL
The electronics division of Bangalore-based Bharat significant Electricals restricted has won a serious turnkey contract for putting in an eco-friendly, grid-connected solar power plant of 5-MW capability.Valued at Rs 62 crore, the order for putting in a solar photovoltaic (SPV) power plant close to Shivasamudram, in Mandya district, was placed on BHEL by KPCL.
BHEL's scope of labor below the contract involves the look, manufacture, supply, installation and operation and maintenance of the solar power plant. With this order, BHEL is presently executing SPV-based power comes of varied capacities totalling 16 MW, the corporate said during a statement here.
BHEL's scope of labor below the contract involves the look, manufacture, supply, installation and operation and maintenance of the solar power plant. With this order, BHEL is presently executing SPV-based power comes of varied capacities totalling 16 MW, the corporate said during a statement here.
RBS and Wockhardt agree to settle loan default cum derivative spat out of court
RBS and Wockhardt agree to settle loan default cum derivative spat out of court. RBS claimed Rs 20 crore due from Wockhardt
Tata Steel Sold Stake in Riversdale
Tata Steel has sold its stake in Africa-focused Riversdale Mining for a cool Australian dollar 1.06 billion, walking away with nearly 100% profit from the investment
Maruti Suzuki 13 Day Strike called off
The 13-day strike at the country's largest automotive maker Maruti Suzuki India's (MSI)Manesar plant in Gurgaon was called off late tonight following a deal brokered by Haryana Chief Minister Bhupinder Singh Hooda between the employees and therefore the management.
As a part of the deal, MSI can reinstate all the sacked eleven employees and take a lenient approach on imposing no-work-no-pay rule of eight day's salary cut for each single day of the strike.
On the opposite hand, the worker's have conceded to the management's demand of not permitting the formation of a second union within the company."Agreement has been signed and employees have determined to decision off the strike. they'll resume work from tomorrow", Haryana Labour Secretary Sarban Singh said. He said the corporate has determined to reinstate all the eleven sacked staff and a disciplinary inquiry are going to be initiated against them. Sources aware of the event said the formula was figured out once Hooda met MSI prime executives, as well as Managing Director and CEO Shinzo Nakanishi, last evening. Company officers couldn't be reached for comments. because the strike continued for the last thirteen days, the corporate lost production of 12,600 units valued at concerning Rs 630 crore.
As a part of the deal, MSI can reinstate all the sacked eleven employees and take a lenient approach on imposing no-work-no-pay rule of eight day's salary cut for each single day of the strike.
On the opposite hand, the worker's have conceded to the management's demand of not permitting the formation of a second union within the company."Agreement has been signed and employees have determined to decision off the strike. they'll resume work from tomorrow", Haryana Labour Secretary Sarban Singh said. He said the corporate has determined to reinstate all the eleven sacked staff and a disciplinary inquiry are going to be initiated against them. Sources aware of the event said the formula was figured out once Hooda met MSI prime executives, as well as Managing Director and CEO Shinzo Nakanishi, last evening. Company officers couldn't be reached for comments. because the strike continued for the last thirteen days, the corporate lost production of 12,600 units valued at concerning Rs 630 crore.
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