Business

NTPC to set 2,640 MW thermal power plant at Gidderbaha

In a move targeted to enhance development in Punjab, the National Thermal Power Corporation (NTPC) signed a Memorandum of Understanding (MoU) with the Government of Punjab in Chandigarh on Thursday.

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eRevolution 2010 to be held on Sept 29 in Chandigarh

The sixth edition of the annual mega information technology event eRevolution will be held in Chandigarh, the knowledge hub of Northern India, from Sept. 29-30.

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Punjab & Sind Bank to raise 600 crore through IPO

The state owned Punjab & Sind Bank filed Draft Red Herring Prospectus (DRHP) with market regulator, Security and Exchange Board of India (SEBI), yesterday for its initial public offer (IPO).

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14 companies bid for PACL divestment

A bid from 14 companies, including Nirma and Grasim Industries, was received for buying stake in Punjab government owned Punjab Alkalies and Chemicals Ltd. (PACL), on Monday.

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Punj Lloyd Group bags five solar projects from Punjab government

Punj Lloyd Group, the global engineering, procurement and construction conglomerate, has won five prestigious solar power contracts from Punjab Energy Development Agency (PEDA) on complete turnkey Engineer Procure Construct (EPC) basis.

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Aircel launches GSM service in Punjab

Aircel, the fifth largest service provider in India, launched its GSM (Global System for Mobile) mobile services in Punjab and became the eighth GSM provider in the state.

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31 sand mines auctioned for Rs 3 crore in Ludhiana

Reportedly, 31 sand mines in Ludhiana district managed to gather over Rs 3.30 crore against the reserve price of Rs 2.26 crore for the state exchequer, during the auction.

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Floods affect crops on 375,000 acres of land in Punjab

The recent floods in Punjab have damaged crops on more than 375,000 acres of land in 11 districts of the state, according to a report.

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Recent floods damages 9200 acres of cotton

Heavy floods in Punjab, this year, worsened the conditions of people as well as the agricultural land. Over 3.25 lakh acres of land submerged under water causing a loss worth Rs 480 crore.

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Bailable arrest warrants were issued against three owners of Indian Premiere League (IPL) team Kings XI Punjab--actress Preity Zinta, industrialist Ness Wadia, and businessman Mohit Burman on Saturday by a local court in Chandigarh.

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