Company News

Singapore's Temasek sells power company to Japanese consortium

Singapore's Temasek sells power company to Japanese consortium Singapore - The national Singapore investment firm Temasek Holdings has sold Senoko Power to a Japanese consortium for 4 billion Singapore dollars (2.5 billion US dollars), the company announced Friday.

The consortium of Lion Power Holdings is headed by Japan's Marubeni Corp and includes GDF Suez of France, The Kansai Electric Power Company, Kyushu Electric Power Company and Japan Bank for International Cooperation.

Hino Motors down by 7.5% after Lehman Brothers downgrade

Safexpress Wins ‘International Business Excellence Award 2008; CMD, Mr. Pawan Jain Wins ‘Bharat Gaurav Puraskar’

Pawan Jain Wins ‘Bharat Gaurav Puraskar’  The Institute of Economic Studies (IES) recently awarded the ‘Logistics Guru’ and CMD, Safexpress, Mr. Pawan Jain with the ‘Bharat Gaurav Puraskar’ for the ‘Best Business Leader’. His entrepreneurship venture, Safexpress Pvt. Ltd., which has grown into one of the leading logistics and supply chain management companies in India, was also awarded the ‘International Business Excellence Award’ for the ‘Best Business Enterprise’ at the same platform organized at Hotel Grand Sukhumvit By Sofitel at Bangkok, Thailand. 

Gammon Infrastructure secures LoA worth Rs 1510 crore

Aban Offshore JV secures order worth $271 million

The Harris Tweed may sadly, soon be history

London, Aug 30 : Harris Tweed weavers are facing being wiped out of the market because of the "Primark prices" that are being paid for Scotland''s oldest cloths.

The remaining 130 weavers of the ancient Clo Mhor, meaning ''big cloth'' in Gaelic, depend on the proceeds that they get from sale of the cloth, and they have to survive on an average of just 130 pounds a week.

Harris Tweed is fast dwindling despite the fact that it has a celebrity following that includes Madonna and Gwyneth Paltrow, and top designers Vivienne Westwood, Valentino and Donna Karan have featured it in the winter collections.

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