The country’s second-largest IT services company, Infosys Technologies, is in negotiation with leading IT firms to jointly offer training courses in hope to produce more industry-ready graduates. Beginning with 1,000 colleges across the country, the company hopes to finalize such initiatives by December.

Voltas Limited and Tata Enterprise has signed definitive agreement to acquire majority stake in Rohini Industrial Electricals.

Under the deal, Voltas will pay consideration of around of Rs 62 crore for 51% stake in RIE. Both the parties have agreed that Voltas may increase its equity stake in RIE up to 100% in future.

Mumbai based Rohini is engaged in undertaking large turnkey Electricals and Instrumentation projects for Industrial and Commercial sectors.

Arshiya International Limited, an India headquartered global Logistics and Supply Chain Services Company, has signed a purchase deal worth Rs 71 crore with Finnish equipment manufacturer, Kalmar Industries (part of Cargotec Corporation) to supply seven (7) E-One+ rubber-tyred gantry (RTG) cranes and ten (10) DRF450 reach stackers.

After getting a green signal from the people of 2 villages of Keonjhar district, World’s largest integrated metals and mining company ArcelorMittal has started the process of land acquisition for its 12 million tonnes per annum steel plant in Orissa.

The company now hopes to take the possession of the required land by the end of this year.

Infosys Technologies, a multinational information technology services company, has decided to set up its single largest campus at Pocharam village on the outskirts of Hyderabad.

The proposed campus is company’s second campus, which is being constructed on a 447-acre special economic zone (SEZ) with a total investment of Rs 1,250 crore.

To be built in three phases, the campus will have a sitting capacity of 25, 000 people, and will be finalized over a period of ten years.