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HSL to build Rs 4,000 cr shipyard in AP or Orissa
State-owned Hindustan Shipyard (HSL) plans to build a large shipyard to accommodate very large crude carrier ships (VLCC) at an estimated project cost of Rs 3,000-4,000 crore, a top official said. The proposed shipyard, which will be built on a public-private-partnership model, is expected to receive cabinet approval by the end of this fiscal, HSL"s Chairman and Managing Director, Naresh Kumar said on the sidelines of SMM India"s shipping trade fair.

Sensex ends up 35pts
The Sensex has ended (provisional) at 16,393 - up 35 points. The Nifty ended (provisional) at 4,916 - up 34 points.

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Fortis Healthcare net rises 23% at Rs 13 cr
Driven by robust growth in its larger units, hospital chain Fortis Healthcare today reported a 23.4 per cent increase in net profit at Rs 12.9 crore for the second quarter ended on September 30, 2009.
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'Bhuvan should be accessed by different organisations'

Bhuvan, an indigenously developed satellite mapping tool similar to Google Earth, should be widely accessed by different organisations and agencies for their programmes, Science and Technology Minister Prithviraj Chavan said today. - Amway eyeing Rs 1,400 cr revenue - Bhuvan makes a splash in cyberspace - ISRO unveils beta version of 3D mapping tool "Bhuvan" - India"s first stem cell institute to come up in city - India for deeper interaction with C"wealth nations for science - Blame it on Bollywood He said spreading its appeal among different sections is a major task before the Government. Bhuvan was launched in August this year by Indian Space Research Organisation. "The biggest challenge before us today is how to make it popular and create a business model model like google earth out of Bhuvan," he said at a seminar here. He also asked the industry to talk to the space department under his ministry for its wider use. Inaugurating the seminar on "Geospatial technologies for utilities in infrastructure", he said geospatical technologies holds immense relevance for various fields in this technology driven world. According to industry, this segment will grow into a Rs 8 billion market in the coming years. New initiatives by the Government in sectors such as urban planning, power, land records, agriculture and forests will be the major drivers for growth of geospatial industry, he said.


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