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Bajaj Hind back in black with Rs 69 cr Sep qtr profit
The country"s largest sugar producer Bajaj Hindusthan today posted a net profit of Rs 69.08 crore for the quarter ended September 30, and has announced 70 per cent dividend for the fiscal year 2009.

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More mandals to come under drought list
The department of disaster management, Andhra Pradesh, would include more mandals, which have not been covered under the drought notification. “We are taking further action to consider the requests based on the eligibility norms,” said state revenue, relief and rehabilitation minister Dharmana Prasada Rao.

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BMW quits Formula One at end of season after a decade
Bayerische Motoren Werke AG will quit Formula One in November, becoming the second carmaker in less than a year to withdraw from the auto racing series amid slumping sales.
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NTPC plans 100 Mw solar projects in Gujarat

Powering its way ahead in tapping renewable energy sources for power generation, public sector power utility NTPC (formerly National Thermal Power Corporation) has set the ball rolling for its two solar thermal units of 50 Mw each in Gujarat. The company has firmed up its plans to initially install a solar power generation capacity of 100 Mw in the state, which may go up to 300 Mw at a later stage. - NTPC to add 25,000 Mw capacity in 12th Plan - 1320 Mw TTPS expansion by 2010 - Drivers" strike hits coal supply - And then there were none... - Centre finalises six 1,000 Mw nuclear power units at Mithivirdi - NTPC to appoint merchant banker for S Africa coal mine Gujarat government has already approved NTPC"s 50 Mw solar thermal power unit. "The PSU plans to set up two solar power units each having installed capacity of 50 Mw. Soon, NTPC will sign a memorandum of understaning (MoU) with the state government," said Bharatsinh Solanki, minister of state for power, government of India. Kutch and Banaskantha districts have been identified for the proposed 100 Mw solar thermal power capacity, with an investment from NTPC of around Rs. 2,000 crore.


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