Hyderabad-headquartered Astra Microwave Products has informed that it has secured an order worth Rs 25.5 crore from Indian Meteorological Department.

The contract involves supply, installation and commissioning of remote unmanned automatic weather stations at 550 locations across India.

The order is scheduled to be executed by year 2009.

Astra Microwave Products Limited designs, develops, and manufactures components and sub-systems for microwave wireless communications systems used in defense, space, and civilian applications.

Tata Steel subsidiary and pig iron manufacturer Tata Metaliks Ltd has obtained a license to prospect for iron ore at a mine in the western state of Maharashtra. Iron ore obtained from the mine would be used for its proposed 800,000-tonne capacity steel unit in the southern state of Karnataka. The company has also been promised

With the intention to take the company’s growth to a new level, besides tapping the fast growing Indian FMCG market, Emami, beauty and health products maker, is looking at overseas acquisitions in the recent year.

While addressing the company's annual general meeting (AGM) at Kolkata, Emami Ltd Chairman R S Agarwal said, “We are actively considering brand acquisitions abroad for which a blueprint has already been prepared.”

Mr. Agarwal said that during the first quarter of the existing year, Emami had purchased 27.5% equity stake in Zandu Pharmaceuticals as part of its major strategic investment with an aim to be part of management control together with the subsisting promoters.

New Delhi - India's Infosys Technologies Ltd announced Monday it has agreed to buy Britain-based Axon Group Plc in a cash deal valued at 407.1 million pounds
(753.1 million dollars).

Infosys, the country's second-largest software company, said it expected the deal to be completed by November.