JSW Steel has decided to further cut prices of its various steel products. It is the second time in the recent months when the company slashed the prices of its products. The prices are slashed due to decrease in demand in the international market. The global financial crisis also contributed in slashing of the price.

JSW Steel has decided to further cut prices of its various steel products. It is the second time in the recent months when the company slashed the prices of its products. The prices are slashed due to decrease in demand in the international market. The global financial crisis also contributed in slashing of the price.

The Indian government has finally approved the acquisition of Pharmaceutical Major Ranbaxy Laboratories by Japanese drugmaker Daiichi Sankyo.

London, Oct 3 : In a bid to put an end to music piracy, the world’s biggest mobile phone maker, Nokia will soon be launching a new range of phones that shall offer consumers the chance to download and keep any song ever recorded.

And in order to avail this service people are required to buy a 129.99 pounds pay-as-you-go mobile phone, under Nokia’s Comes With Music brand. It will give the owner the right to download any song released by almost every important record label onto either the handset or a computer.

“You’ll be able to download any song you want onto the handset or one personal computer for the first 12 months, and keep all them for ever,” Times Online quoted Jo Harlow, a vice-president with Nokia, as saying.

Jain Irrigation Systems, the agri-irrigation leader, has decided to invest Rs 350 crore in the next fiscal, to increase pipe manufacturing and irrigation systems capacity besides exploring new opportunities in the North. 

Recently, World Bank has sanctioned loan worth $60 million after considering the environment-friendly projects the company undertakes. The company plans to raise remaining fund through internal accruals and term loans from banks at reasonable rates. 

Larsen & Toubro (L&T), the infrastructure major, has secured a Rs 552-crore order from PBEL, an Indo-Israeli joint venture real-estate developer, for the construction of PBEL City in Andhra Pradesh.

The PBEL City, which is coming up near the AP Police Academy, would have 13 residential and two commercial towers, each having 19 storeys, with 12 flats on each storey. 

L&T plans to deploy latest technologies to build the structures quickly and at a lesser cost. The total value of the project on completion of work was estimated at Rs 1,100.