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HSL to build Rs 4,000 cr shipyard in AP or Orissa
State-owned Hindustan Shipyard (HSL) plans to build a large shipyard to accommodate very large crude carrier ships (VLCC) at an estimated project cost of Rs 3,000-4,000 crore, a top official said. The proposed shipyard, which will be built on a public-private-partnership model, is expected to receive cabinet approval by the end of this fiscal, HSL"s Chairman and Managing Director, Naresh Kumar said on the sidelines of SMM India"s shipping trade fair.

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Murugappa group to invest Rs 586 cr in group firms
The Chennai-based Murugappa grorup, which crossed Rs 15,500 crore in turnover, is planning to invest Rs Rs 586 crore in 2009-10 through its group companies.
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Alert after inputs about terror strike at Mumbai's Radio Club

Police have received specific intelligence inputs about a terror attack on one of the oldest clubs near Hotel Taj here following which security has been beefed up, police said today. - Look at the dark side - Indian probe team got good information on Headley: Chidambaram - Security tightened in national capital - Centre puts five states on terror alert - Cyclone "Phyan": Eight states, three UTs on alert - Storm brewing in Arabian sea; IMD sounds cyclone alert The reports have warned of a possible Fidayeen attack on Bombay Presidency Radio Club which has a pier surrounded by sea on three sides. Radio Club is easily approachable by sea and a 26/11 type attack can be possible. An alert has been issued yesterday asking Radio Club to step up security and screen people and members visiting its premises, they said. This is the 574th alert issued by intelligence agencies this year, police said, adding local police station in Colaba has been informed to keep a strict vigil in and around the club. Meanwhile, police security continues at Hotel Taj, Hotel Oberoi-Trident and Chhatrapati Shivaji Termius which were targeted in the 26/11 attack. The special court, hearing the terror attack case, is also placed under heavy security by city police and Indo-Tibetan Border Security Force, police said.


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