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1.TNPL plans expansion of cement plant

Tamil Nadu Newsprint and Papers Ltd (TNPL) is planning to expand its cement production capacity from the present 600 mn tonne to 900 mn tonne per day with a capital outlay of Rs 30 crore. The project is expected to be completed by December 2015.


2.Time for a race

India's dream to host the Formula One Grand Prix is finally coming true. The F1 GP circuit that is being developed under the leadership of Jaiprakash Gaur, Chairman, Jaypee Group of companies, is fast nearing completion.


3.Solar Power

Simmtronics Semiconductors recently launched its new range of solar power operated desktop PCs in a display of its commitment to the environment.


4.TNPL to diversify into cement manufacturing

The Tamil Nadu Newsprint and Papers Ltd is setting up a 600 tonne per day cement plant at a capital outlay Rs 69 crore.


5.Cement cos raise price in eastern region

Cement manufacturing companies have raised cement prices by Rs 10-12 per bag in West Bengal, Bihar and Orissa regions.


6.Brigade project coming up in Bengaluru

Brigade Enterprises has entered into a joint development pact with local land owners to develop 16.5 acre in Bengaluru. This is a residential project comprising over 1,000 apartments targeted at the high-income group.


7.Brigade plans Rs 6 bn realty projects

Brigade Enterprises is planning to invest Rs 600 crore in hospitality and residential projects. The company plans to invest Rs 300 crore each for hospitality and affordable housing projects


8.Plan panel recommends coal price decontrol

The Planning Commission has suggested raising domestic coal prices to align them with global benchmarks in its approach paper to the Twelfth Five-Year Plan beginning March 2012.The move is part of the commission’s overall call for gradually rationalising prices in the energy sector to move away from the current, ‘unfortunate’ controlled pricing regime.


9.Kuwait co to invest in ONGC’s projects

Kuwait-based Petrochemical Industries Company (PIC) has evinced interest in investing in two petrochemical projects driven by ONGC at Dahej and Mangalore.


10.Pride Group launches mega township

The Pride Group has launched Pride World City, a mega township in Pune. Spread over 400 acre, the development of the city and infrastructure involves a total investment of Rs 6,500 crore.