Popular Articles

GSS eyes Rs 500 cr turnover in FY 2011
Godrej Security Solutions (GSS) Division, one of the divisions of Godrej & Boyce Mgf Co. Ltd and part of Godrej Group, has set the target of around Rs. 400 crore turn over for the current FY 2009-10 and eyeing Rs. 500 crore turn over by FY 2010-11.

Salve didn't know?
Reliance Industries Limited (RIL) has come out with a statement saying its cost of production of gas from its Krishna-Godavari Basin is $2.9 per million metric British thermal units (mmBtu). In other words, the company will incur a loss if it is to supply 28 million metric standard cubic meters per day (mmscmd) to Reliance Natural Resources Limited, as it has been asked to do by the Bombay High Court. But the Bombay High Court judgement quotes RIL’s advocate Harish Salve as saying ‘that even at that price ($2.34 per mmBtu) RIL makes a profit’.

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Telstra applies to re-enter Indian telecom market
Plans majority stake in JV; to offer NLD, ILD, ISP services.
Public Company

Heaviest flood in more than 100 years

Despite the heaviest flood in river Krishna in more than 100 years -- with 10 lakh cusecs gushing in at a menacing pace -- people in many villages are still reluctant to move to safer places. A flood of this magnitude was never seen in the state"s history and the discharge in the river Krishna is expected to cross 15 lakh cusecs by tomorrow. The inflow of water in the Srisailam dam was 28 lakh cusecs and outflow was 14.04 lakh cusecs. The inflow water in to the Srisailam dam is likely to come down by the evening, which may provide relief to Kurnool district. In Nagarjunasagar dam, the outflow of water was 8.06 lakh cusecs. The Revenue Minister said lakhs of food and water sachets and other relief material are being distributed to the flood victims in all the districts. K V P Ramachandra Rao, advisor to the state government, said several ,inisters are involved in relief and rescue efforts in various districts.


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