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IOB plans venture capital business
State-owned Indian Overseas Bank (IOB) is planning to foray into the venture capital business.

RS members angry over China objecting to Ladakh border road
Members in the Rajya Sabha today took strong exception to halting of work at Ladakh border road because of Chinese objection and said it was "humiliating" and a "challenge to India"s sovereignty". Raising the issue in Zero Hour, Shreegopal Vyas (BJP) said, "It is very humiliating and a challenge to India"s sovereignty."

News of the day

Gujarat realtors' delegation to visit Japan, Korea
Even as Gujarat chief minister Narendra Modi hopes to see the state, alongwith Japan and Singapore dominate the Asian economy, a delegation of 95 real estate developers from Gujarat will be visiting Japan and Korea to study and imbibe technological know-how of infrastructure in these Asian economies.
Public Relations

Siemens bags Rs 608-cr order

Diversified conglomerate Siemens today said its energy unit has bagged an order worth Rs 608 crore from Qatar"s General Electricity & Water Corporation (Kahramaa) for constructing high voltage cables. - Indo-China border differences can be resolved: Pranab - Ahluwalia Contracts bags four orders worth Rs 242 cr - L&T bags Rs 6,897-cr order from Mahagenco - Alfa Laval India bags Rs 70-cr project - BSNL to improve network along Bangla border - Pratibha Ind bags Rs 150 cr order from DMRC The company"s energy division has received an order worth Rs 608 crore, for complete supply, design, erection, testing and commissioning of high voltage cables, Siemens said in a filing to the Bombay Stock Exchange. The order is to be completed over a period of two years. Siemens is engaged in the businesses of turbines, medical equipment, power plants, automation controls and lighting equipment. Kahrammaa provides electricity and water services. Shares of Siemens were trading at Rs 544, up 2.66 per cent from its previous close on the BSE.


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