Enron Communications to set up gateways with Rs 600cr investment
Enron Communications India will set up multiple international gateways via satellite in Mumbai with an initial investment of around Rs 600 crore which will later be raised to Rs 2,000 crore. The company proposes to set up an earth station with a bandwidth of 44.736 Mbps to start with.

Oman Oil seeks implementation plan from BPCL for Bharat Oman refinery
Oman Oil Company has sought an implementation schedule for the Bharat Oman Refinery (BORL) from partner, Bharat Petroleum Corporation. The project, whose fate was hanging in the balance for nearly five years, has only recently received the all important environmental clearance.

Sahara Airlines plans to set up e-commerce subsidiary
Sahara Airlines is planning to float a new subsidiary to provide e-commerce solutions for travellers by forging alliances with leading travel portals. The airline has already initiated negotiations with travel portals to enable it to route transactions through payment gateways.


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  MSEB to give NTPC escrow cover for purchase of 1,345mw power
  Pyrites Phosphates declared sick; SBI told to chart out revival plan
  Quality Inns renamed as Choice Hospitality
  Pernod Ricard hopes to break even in seven years
  Corporates make a beeline for satellite towns
  The index
  Essar Steel to spend Rs 109 cr to up hot-rolled coils capacity
  Glenmark Pharma net jumps 72% to Rs 21.97 crore, to merge arm with self
  Briefing
  Tata Engineering rolls out Indica petrol in Calcutta
  Usha Beltron's demerger plan gets shareholders nod
  Escorts Yamaha to be rechristened, to sell bikes minus Escorts brand name
  Tatas, Singapore consortium to invest Rs 160 cr in infotech park