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HSL to build Rs 4,000 cr shipyard in AP or Orissa
State-owned Hindustan Shipyard (HSL) plans to build a large shipyard to accommodate very large crude carrier ships (VLCC) at an estimated project cost of Rs 3,000-4,000 crore, a top official said. The proposed shipyard, which will be built on a public-private-partnership model, is expected to receive cabinet approval by the end of this fiscal, HSL"s Chairman and Managing Director, Naresh Kumar said on the sidelines of SMM India"s shipping trade fair.

India Eco Summit: More private investment in farming needed
A government that limits its role to regulation would be a great enabler for agricultural growth.

News of the day

No interest rate hike in six months: SBI
The country’s largest lender, State Bank of India (SBI), has said that there will be no hike in lending rates in the next six months as there is surplus liquidity in the market.
Business Opportunities

Mahindra Satyam gains 4%

The stock jumped 4.24 per cent to Rs 103.15 after Mahindra Satyam won an IT outsourcing contract from Swedish defence and aerospace firm, Saab. - Have a windfall, use it wisely - Hari Narayanan to head Satyam"s biz dev in Japan - Mahindra Satyam ties up with defence firm Saab - Mahindra Satyam partners with Saab for defence solutions - Mahindra Satyam appoints Vadrevu for strategic initiatives - Mahindra Satyam to position itself as ICT company The company will develop solutions in India for the global defence and homeland security market. The company and Saab have already initiated moves to set up a Centre of Excellence for Network Centric Warfare. One of the activities under this initiative is that Mahindra Satyam and Saab will jointly address the battlefield management system for the Indian Army.


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