Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

cheap cigarettes
Milking it
While housewives across the country are complaining about high inflation levels, Mother Dairy has come up with a great advertising idea. It has put out advertisements saying it has not hiked prices of its toned milk and full cream milk. The move comes at a time when some of its competitors (like Amul) have raised prices. Mother Dairy says the advertisement has been issued in the public interest.

EdServ Softsystems to raise $25 mn to fund expansion
Education and placement company EdServ Softsystems today said it plans to raise $25 million through Global Depository Receipts or Foreign Currency Convertible Bonds to fund its expansion in the school and online tuition services markets.

News of the day

payday loans online
'Varsities not to be controlled remotely'
Union minister for human resources development Kapil Sibal on Monday said the university education system in India was set for a major change to promote the habit of research on their own. Congratulating winners of the Infosys Prize 2009 instituted by Infosys Foundation via video conferencing from Delhi, Sibal said the government was taking steps to maintain independence of the universities so that they could not be ‘controlled remotely by any one’.
Home Business

India Inc eyes Sri Lanka for projects

A host of Indian companies are planning to develop projects across sectors in the island nation of Sri Lanka. - India Inc eyeing Sri Lanka for projects - India Inc mops up Rs 40,000 cr via debt in Q1 - India Inc settles for smaller M&A deals - India Inc"s hiring slows down 3.6% in August: Naukri.com - Lanka wants to rope in RIL for oil exploration - India Inc pitches for interest rate cut to sustain growth The companies have already identified land and have also received approval from the Sri Lankan government for their projects. “Larsen and Toubro (L&T) is constructing a commercial complex here and the total cost of the project will be $50 million,” Sri Lanka Board of Investment’s Director, C Ignatius, told PTI here. The company has already acquired land for project and is expected to be completed by next year, Ignatius said. The engineering and construction major has already developed projects in Sri Lanka such as a 26-storey residential apartment at Colombo, design and construction of urea storage silo and prill tower for a fertiliser complex and design, test, manufacture and supply of 33Kv, 132Kv and 220Kv transmission line towers for Sri Lanka’s electricity board. A Bangalore-based commercial and residential property developer, Girish Puravankara-run Lalith Gangadhar Constructions Ltd, is also constructing residential villas outside Colombo, he said. “Puravankara is developing villas on the outskirts of Colombo. The project will be spread over an area of 25 acres,” Ignatius said. “The price of each villa will be around $200,000 and while demand might be low for such villas presently, demand for such high-end villas is expected to increase in the near future,” he said. India’s largest mobile operator, Bharti Airtel, has already started its mobile services in Sri Lanka under the Airtel brand. NTPC is building a 1,000 Mw thermal power plant along with Sri Lanka’s electricity board. “NTPC is going to sign a final agreement to construct a 1,000 Mw coal-based power plant in Sampur city of Eastern Trincomalee by end-this month with an investment of $500 million,” Ignatius said. “We have met IT companies like HCL, Mphasis and Accenture for setting up delivery centres and BPOs in Sri Lanka. They have shown an interest,” he said. Companies like ICICI Bank, Aditya Birla Group, Tata group, Indian Oil Corporation and Ashok Leyland, among others, are already present in Sri Lanka.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009