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Essar to invest $400 mn in Kenyan refinery
Essar Group today said it will invest $400 million in upgrading the refinery it had bought in Kenya.

Rs 1 lakh highest offer at IIM-K summer placements
Indian Institute of Management Kozhikode (IIM-K), the first of the IIMs to conclude summer placements this year, saw a little over Rs 1 lakh as the highest stipend offered.

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IOC to invest Rs 4,650 cr in pipeline projects
Indian Oil Corporation (IOC), the nation"s largest oil firm, will invest Rs 4,650 crore in laying crude oil and petroleum product pipelines over the next three years, Minister of State for Petroleum and Natural Gas Jitin Parasada said today.
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L&T bags Rs 6,897-cr order from Mahagenco

Engineering and construction company Larsen & Toubro today said it has bagged an order worth Rs 6,897 crore from Maharashtra State Power Generation (Mahagenco) for manufacturing turbine generator units. - Alfa Laval India bags Rs 70-cr project - Improving outlook - BSNL to improve network along Bangla border - Pratibha Ind bags Rs 150 cr order from DMRC - M J Antony: Engineered delays">M J Antony: Engineered delays - Hindustan Dorr bags Rs 96 cr order The company has received the order for manufacturing 3x 660 MW super-critical turbine generator units, L&T said in a filing to the Bombay Stock Exchange. The scope of work includes design, engineering, manufacture, supply, commissioning of super-critical boilers and civil and architectural work, the filing added. L&T"s advanced supercritical thermal sets would ensure higher plant efficiencies and lower greenhouse gas emissions, thus introducing a new and green era of environment friendly power generation, it said. The Rs 6,897-crore order from Maharashtra State Power Generation follows a Rs 4,000 crore order received weeks earlier from Jaypee Industries for 2x600 MW supercritical equipment, it added. Shares of Larsen & Toubro were trading at Rs 1,574 on BSE in morning trade, up 0.44 per cent from its previous close.


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