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Yashraj Containeurs bags Rs 20 cr Indian Oil order

New Delhi, Dec 26 (UNI) Yashraj Containeurs Ltd today said it has secured an order worth Rs 20 crore from Indian Oil Corporation Ltd for supply of metal barrels.

The order will be consumed largely by the company's Asaoti installation, followed by Silvassa Installation, it said in a statement.

The company has also achieved a moderate order from Indian Petrochemical Corporation Ltd, it said.

With these additions, the company's book order position touched Rs 110 crore from the earlier Rs 90 crore.

The orders will will be executed within 18 months.

UNI CS SB DS1153

One naxalite killed in police encounter

Chikmagalur, Karnataka, Dec 26 (UNI) A naxalite leader was killed in Kigga forest near the temple town of Sringeri in Chikmagalur district last night in an encounter between police and naxalites. According to police sources naxalite group leader Vikram Gowda was gunned down by the Anti Naxal Force (ANF) personnel during the encounter. Gowda was said to be the leader of a maoist group operating in the thick forests in the district. The ANF team which.....

Marg Constructions to raise Rs 300cr in overseas markets

New Delhi, Dec 26 (UNI) Marg Constructions Ltd today said it will raise Rs 300 crore through issue of securities in overseas markets. The company's board has accorded its approval to the fund raising scheme through issue of Global Depository Receipts (GDR), Foreign Currency Convertible Bonds (FCCB) or Qualified Institution Placement. The board of directors also took note of financial closure of Karaikal Port Project for financial assistance of Rs 303 crore granted to its wholly-owned.....

Boom time of Telecom Industry continues

New Delhi, Dec 26 (UNI) Keeping pace with one of the fastest growing industries in the world, Indian telecom industry with over 185 million telephones presently is on the ride of phenomenal growth, as millions of telecom users are in for a huge bonanza with cutting- edge technologies -- third generation mobile services, introduction and spread of IPTV, Mobile TV and WiMax. Minister of Communications and Information Technology Dayanidhi Maran, setting a 'Vision 2010', recently.....
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