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1.Top Challengers 2013-14 - Ashoka Buildcon Ltd

"Execution challenges must be analysed well before one bids for the project." - Satish Parakh,Managing Director, Ashoka Buildcon Ltd


2.Jakson Group forays into hospitality

The Rs 1,450 crore Jakson Group, leading power solutions provider, is foraying into the hospitality sector with an investment of Rs 200 crore in the first phase over the next couple of years. The company plans to open 20 such hotels under the Jakson Inns brand around industrial hubs by 2020, with about 2,000 rooms.


3.Powerscreen gets Ghana distributor

Powerscreen has signed DUO Africa as its first distributor in Ghana. DUO Africa will sell and support Powerscreen products in the Sub-Saharan region.


4.L&T cuts power gear prices

Larsen & Toubro has lowered prices for its power equipment and engineering business responding to the intense competition to grab a share of the shrinking pie.


5.Eon to expand at `400 crore

As a part of its expansion plans, Eon Electric is investing Rs 400 crore, which includes setting up of a battery manufacturing facility in Haryana.


6.Weak demand hits cement

Weakening demand has hit the Indian cement sector. It has seen volumes fall 1 per cent year-on-year (y-o-y) in the fourth quarter.


7.Chettinad Cement hikes stake further

In Chennai, promoters of Chettinad Cement Corporation have increased their stake in the firm by 6.04 per cent to 94.48 per cent.


8.Himachal cement firms to cut prices

Cement companies in Himachal Pradesh have been asked by the state government to lower their prices.


9.Tamil Nadu Cement Corp to expand capacity

State-owned Tamil Nadu Cement Corporation is planning to expand its Ariyalur cement plant. The company has engaged a project management consultancy to prepare a detailed project report.


10.Indian cement sector margins to expand

On the back of price increases and demand improvement for cement, margins in India's cement sector should expand over the next two years, says Credit Suisse.