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Bharat Forge to raise $150 mn for expansion
Leading auto parts maker Bharat Forge today said its board has approved raising $150 million through equity-cum-debt issue for expansion into non-automotive areas like power and oil and gas.

K Santhanam & Ashok Parthasarathi: Pokhran-II: an H-bomb disaster
K Santhanam & Ashok Parthasarathi / New Delhi December 11, 2009, 0:13 IST

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Unity Infraprojects bags orders worth Rs 620.76 cr

Infrastructure major Unity Infraprojects today said its joint venture with Axelia Utility Management Pvt Ltd has bagged two orders totalling Rs 620.76 crore. - Unity Infra to raise Rs 250 cr via QIP; Q4 net at Rs 21 cr The joint venture of the company has received the letter of intent from Municipal Corporation of Greater Mumbai to supply, install and maintain water meters of various sizes, Unity Infraprojects said in a filing to the Bombay Stock Exchange. The meters would be used in eastern and western suburbs of Mumbai, the filing added. Shares of Unity Infraprojects were trading at Rs 383.50 on BSE, up 3.38 per cent from the previous close.


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