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FinMin sets up body to review portfolio investment policies
To encourage foreign portfolio investment, the Finance Ministry has set up a working group for suggesting changes in the existing policy on foreign capital inflows by FIIs, NRIs and venture capital funds.

Andhra orders CBI probe into YSR chopper crash
The Andhra Pradesh government has decided to order a CBI inquiry into the helicopter crash in which former chief minister YS Rajasekhara Reddy and four others died.

News of the day

IAF copters carry out flood relief operation in Bengal
Indian Air Force today deployed two MI-17 helicopters to carry out flood relief operation in and around Pursura and Khanakul areas of Hooghly district, nearly 100 km northwest of here.
Management

Ahluwalia Contracts bags four orders worth Rs 242 cr

Construction firm Ahluwalia Contracts India today said it has bagged four orders worth Rs 242 crore from various vendors for construction-related works. - Subhash Projects bags Rs 212 cr order - Roman Tarmat bags Rs 24.58 cr contract for Chennai Link Rd - Era Infra bags Rs 118 cr project from Aravali Power - Ahluwalia Contracts bags order worth Rs 219.23 cr - Ahluwalia Contracts secures Rs 353cr orders - Contractors shift from realty to govt projects The company has bagged a Rs 116.45-crore order for the construction of a metro train depot for the Bangalore metro rail project, Ahluwalia Contracts said in a filing to the Bombay Stock Exchange (BSE). The company has also received a Rs 65.67-crore project for a structural and civil works project, a Rs 25.91-crore order for HDIL Metropolis project and a Rs 34-crore order for miscellaneous works, the filing said. Shares of Ahluwalia Contracts settled at Rs 167.05 on the BSE, up 1.18 per cent from its previous close.


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