Nagarjuna Construction’s unit to develop 1,320 MW thermal power plant

Hyderabad-based Nagarjuna Construction Co Ltd said its subsidiary NCC Power Projects Ltd (NCCPPL) is developing a 1,320 MW thermal power plant at Sompeta in Srikakulam district of Andhra Pradesh. No financial details were disclosed.

To set up the plant, NCCPPL acquired 972 acres of land by the state government and 573 acres of land is purchased from private owners, it said in a regulatory filing.

On Thursday, Nagarjuna Construction shares closed 4.6% down at Rs180 on the Bombay Stock Exchange, while the Sensex ended at 0.2% up at 17,909 points.

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Tata Communications partners with Google to provide VAS in India

Tata Communications Ltd said it has partnered with Internet search services provider Google to offer web-based business connectivity tools to businesses across India.

Google India have plans to combine their global resources to offer a portfolio of web-based, collaborative business connectivity tools that provide email, instant messaging, calendar functionality, video and office presentation tools for business’ across India.

The portfolio of business tools, powered by Google Apps, includes email, instant messaging, calendar functionality, video and office presentation. It will bring value-added applications to Indian enterprises while offering localised pricing, billing and support, it said in a release.

On Thursday, Tata Communications shares closed 0.2% down at Rs288 on the Bombay Stock Exchange, while the Sensex ended at 0.2% up at 17,909 points.

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Colgate Palmolive Q1 net profit rises to Rs122 crore

Mumbai-based Colgate Palmolive (India) Ltd registered a net profit of Rs122 crore for the quarter ended 30 June 2010 whereas the same was at Rs102.8 crore for the quarter ended 30 June 2009. The total revenues of the company increased to Rs555.11 crore for the quarter ended 30 June 2010 from Rs493.98 crore for the quarter ended 30 June 2009.

On Thursday, Colgate Palmolive shares closed 0.3% down at Rs844 on the Bombay Stock Exchange, while the Sensex ended at 0.16% up at 17,909 points.

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