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BHEL net up 36%
Bharat Heavy Electricals Ltd (BHEL), the country’s largest power equipment manufacturer, has posted a 36 per cent jump in net profit for the quarter ended December 2009 on the back of lower raw material costs.

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PDS makes a return in soaring Kerala market
With prices of essential commodities going through the roof, public distribution shops (PDS) in Kerala are back in action.

News of the day

Motorola rings in $26 mn profit in second quarter
Telecom entity Motorola today posted a profit of $26 million for the second quarter ended June 30, 2009, even as revenues plunged.
Small Business

Alstom bags Rs 373 crore BHEL contract

Alstom Projects India has bagged a contract worth Rs 373 crores for the supply of boiler components to Bharat Heavy Electricals Ltd (BHEL). - "BHEL cash-surplus, govt may bring in FPO next fiscal" - Capital goods companies expect to do well in Q1 - BHEL bags order worth Rs 640 cr">BHEL bags order worth Rs 640 cr - Areva planning major investments in India - RFQ for at least one mega power project soon: Official sources - Bhel caused over 70% of delays in power projects, says Shinde In a filing with the Bombay Stock Exchange, the firm said the componets are meant for BHEL"s 2 X 800 Mw Supercritical Coal Fired Power Plant at Krishnapatnam in Andra Pradesh. Alstom was recently awarded a Rs 265 crore contract from Lanco Infratechto install a new power plant (Teesta Hydroelectric Project Stage VI) on the Teesta river in Sikkim.


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