Binani Cement has revealed that the company is proposing to raise USD90million through International debt by March 2009 to increase its manufacturing capacities to twofold in China and Dubai by fiscal 2010.

The source close to the company said that Binani Cement is looking at building grinding units in Africa.

According to the reports, the proposed grinding unit would have an annual capacity of 1 million tonnes and would entail an investment of approximately USD80-85 million.

Cosmo Films has made announcement that the company envisages to spend Rs 2.2 billion by March 2010 to expand capacity with the aim to double up its revenue by fiscal 2010/11.

According to the sources, the company proposes to increase its capacity of bi-axially oriented polypropylene (BOPP), or plastic-based flexible packaging, to 138,000 metric tons from 58,000 metric ton by March 2010. It will also enhance thermal films capacity to 22,000 tons from 18,000 tons by next March.

The firm obtains 60% of its revenue from value-added BOPP, which also gives it an edge over competition.
Established in 1980, Cosmo Fims , manufacture Bi-axially Oriented Polypropylene Films.

ICICI Ventures, Larsen & Toubro and IL&FS are eyeing to take over 51% stake in NTPC-BHEL Power Projects (NBPPL), the 50:50 JV floated to make power equipment and pitch for EPC (engineering, procurement & construction) jobs from the power sector.

NBPPL is built-in Noida with an initial equity base of Rs 50 million
Currently, BHEL and NTPC jointly owns 50% stakes respectively in NBPPL

The Union minister of state for power has revealed that the government plans to give away the management control of NBPPL to a private strategic investor who will hold 51% stake and transmit operational and managerial expertise to the venture.

Private sector health care major Apollo Hospitals has revealed its plans to set up 200 clinics across the country, to provide a comprehensive diabetes management solution.

On Saturday, the company launched two diabetes management clinics under the brand name 'Sugar' on pilot basis in Hyderabad.

The latest launched clinics will provide comprehensive diagnosis and evaluation, education, and treatment, including life-style support to the diabetics.

Further, the clinics will also offer year-long disease management programme, including controlling blood sugar level and early intervention for complications of diabetes.

Reliance Anil Dhirubhai Ambani Group's Big Music & Home Entertainment has inked an exclusive home-video licensing agreement with Paramount Home Entertainment.

The latest pact was earlier associated with RPG-owned SaReGaMa in India.

As per view of technical experts, the agreement gives the Big Music & Home Entertainment exclusive home-video distribution rights for Paramount Home Entertainment, DreamWorks Animation SKG and DreamWorks Pictures in Indian and Sri Lankan market.

Jain Irrigation, one of the largest micro-irrigation systems manufacturers in the world, plans to establish a manufacturing hub for micro-irrigation systems, PVC Pipes and fruit processing in Tamil Nadu to cater to the Southern States and the export market.

The company has pumped over Rs 65 crore at the facility and plans to invest over Rs 100 crore, which would include facilities to expand production of drip irrigation
equipment and fruit processing facilities.