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1.Greased for Growth

t's an upward slide, to be sure. The world demand for lubricants, driven primarily by strong economic growth, is set to rise by over 2 per cent annually to 41 million metric tonne by 2015.

2.SAIL cancels Jammu SPU project

Steel Authority of India (SAIL) has abandoned its plans to set up a steel processing unit (SPU) in Jammu and Kashmir because of concerns about its financial viability.SAIL had undertaken a fresh financial review of the project on account of the changed market scenario and the viability of the project without the concessions

3.Tata Steel gets land in Vietnam for $5 bn project

Tata Steel will get an alternative land in Vietnam for building a 4.5 mn tonne a year steel plant. The company will be investing 725 hectare.

4.A New Orbit

On the heels of a new government committed to infrastructure and growth, India stands on the cusp of a transformation. Change is the only constant. And, the Indian economy is proof of this. While a year ago, the scenario looked gloomy with a sub 5-per-cent GDP

5.Mumbai top real estate destinations in terms of price escalation

According to the latest property index released by real estate portal, the Mumbai real estate market beat all Indian cities in terms of price escalation over a period of 12 months.

6.Truly global

His entrepreneurial vision has truly set a higher benchmark for the Made in India brand.

7.Govt supports solar projects

The Cabinet Committee on Economic Affairs and the Union Cabinet has given a nod to key proposals for the solar power sector including setting up of solar photovoltaic

8.New Era, New Approach

As the new government fixes its gaze on infrastructure, AECOM shifts its focus to integrated design approach, explain ASHISH RAKHEJA and YOHAAN CAMA.Democracy and political stability are important aspects for economic development.

9.Escorts to exit US tractor assembly operations

Escorts Ltd will exit its tractor assembly operations in the US as the global economic slowdown has stifled demand for agricultural machinery in the world’s biggest economy.

10.Mitsubishi to supply turbine sets to Mahagenco

Mitsubishi Heavy Industries Ltd has received an order from Maharashtra State Power Generation Co Ltd (Mahagenco) of India for three sets of supercritical-pressure coal-fired boiler (pressure-containing component) and steam turbine/generator.

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