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IOC Q3 profit plunges 76% to Rs 697 cr
Indian Oil Corporation (IOC), the country"s largest refiner, today reported a steep decline of 76.45 per cent in net profit at Rs 696.59 crore for the third quarter ended December.

Airtel digital TV adds 1.5 million customers
Bharti Airtel Direct to Home (DTH) service, Airtel digital TV, added nearly 1.5 million customers across India in first seven months of the current financial year. Majority of the customers were added during October.

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Rio Tinto to make first iron-ore shipment in India, to Essar
Anglo-Australian mining major Rio Tinto today said it will make its first ever sale of iron ore in India, to Essar Steel.
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L&T bags Rs 6,897-cr order from Mahagenco

Engineering and construction company Larsen & Toubro today said it has bagged an order worth Rs 6,897 crore from Maharashtra State Power Generation (Mahagenco) for manufacturing turbine generator units. - Alfa Laval India bags Rs 70-cr project - Improving outlook - BSNL to improve network along Bangla border - Pratibha Ind bags Rs 150 cr order from DMRC - M J Antony: Engineered delays">M J Antony: Engineered delays - Hindustan Dorr bags Rs 96 cr order The company has received the order for manufacturing 3x 660 MW super-critical turbine generator units, L&T said in a filing to the Bombay Stock Exchange. The scope of work includes design, engineering, manufacture, supply, commissioning of super-critical boilers and civil and architectural work, the filing added. L&T"s advanced supercritical thermal sets would ensure higher plant efficiencies and lower greenhouse gas emissions, thus introducing a new and green era of environment friendly power generation, it said. The Rs 6,897-crore order from Maharashtra State Power Generation follows a Rs 4,000 crore order received weeks earlier from Jaypee Industries for 2x600 MW supercritical equipment, it added. Shares of Larsen & Toubro were trading at Rs 1,574 on BSE in morning trade, up 0.44 per cent from its previous close.


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