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Popular Articles

Tata launches Grande MK II
With the launch of utility vehicle Grande MK II, an upgraded version of its premium Sumo Grande, Tata Motors is looking to increase its market share by 2-3 per cent in the utility segment. Utility segment at present constitutes 17-18 per cent of the total car market in the country.

Cabinet may allow trading of energy units saved
The Cabinet is likely to discuss a proposal to allow trading of energy units saved-- on the lines of sale of carbon credits-- by nine power-intensive sectors, under the clean development mechanism.

News of the day

UP announces incentives for IT/BPO, realty
To lure the Business Process Outsourcing and IT/ITeS industry, the Mayawati government in Uttar Pradesh has showered various sops. The realty sector, too, has been blessed with many relaxations.
International Business

BEML to produce stainless steel wagons

BEML Limited, a Mini Ranta Category-I Public Sector under the Ministry of Defence and Steel Authority of India, a Navaratna Company under the Ministry of Steel have signed a Memorandum of Understanding for supply of stainless steel. - Maytas Infra says ministry has asked PGCIL to release funds - Road construction works under PMGSY unsatisfactory: Minister - Next decade will be of infra: Nath - NHAI to build 20 km a day within next 18 months - Hi-Tech Infra to invest Rs 600cr in Coimbatore SEZ - PM to head Cabinet Committee on infrastructure Under the MoU, BEML will associate with Salem Steel Plant (SSP) for design, development and supply of 100 Tonne Stainless Steel Wagons to Indian Railways. These wagons will be manufactured according to the design and specifications approved by RDSO. In this venture, SSP will supply total stainless steel material and BEML will produce wagons. The production of stainless steel wagons will be taken up at the Bangalore Complex of BEML.


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