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Badal urges Abdullah to enhance subsidy for solar water pumping system
The Deputy Chief Minister of Punjab Sukhbir Singh Badal today urged Farooq Abdullah, Union Minister for New and Renewable Energy to enhance the central subsidy for solar water pumping systems for irrigation and allied purposes from Rs 30 per watt to Rs 100 per watt to make the system viable for small and marginal farmers.

Apollo Group to invest Rs 1,800 crore
Hospital chain Apollo Group would be investing up to Rs 1,800 crore over the next two years as part of its plan to add 2,000 beds to its inventory, besides expanding its existing facilities.

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Gas row hits development of K-G satellite discoveries
RIL to revise development plan for these fields.
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Bajaj Electricals raises Rs 161 cr via QIP

Bajaj Electricals today said it has raised Rs 160.79 crore by issuing shares to qualified institutional buyers. - Bajaj Electricals up 5.5% - EdServ Softsystems to raise $25 mn to fund expansion - ITNL to raise Rs 700 cr through IPO - Piramal Healthcare okays Rs 1K cr fund raising - GlobalLogic to get listed in 18 months - Citi overtakes Morgan Stanley to top in domestic fund raising The issue committee at its meeting held on December 9 had approved the allotment of 20.48 lakh shares, at Rs 785 a piece to qualified institutional buyers (QIB)s, aggregating to Rs 160.79 crore, Bajaj Electricals said in a filing to the Bombay Stock Exchange. The issue opened on December 7 and closed on December 9, 2009. Shares of Bajaj Electricals were trading at Rs 797 on the BSE, up 0.70 per cent from its previous close.


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