Korba coalfield funds

New Delhi, July 5: The government today cleared two open cast expansion projects worth Rs 3,359.60 crore for the Korba coalfield. The cabinet committee on economic affairs, chaired by Prime Minister Manmohan Singh, approved the expansion of Dipka and Gevra open cast mines of South Eastern Coalfields Ltd.

Siemens order

New Delhi, July 5: Siemens today said it has bagged an over euro 400 million (Rs 2,100 crore) order from Torrent Power Generation to set up an 1100-mw power plant in Gujarat.

Unilever chief

Mumbai, July 5: Unilever Plc CEO Patrick Cescau today held discussions with senior Hindustan Lever officials to review the performance of Indian operations. He is on a four-day routine visit to India.

Lodha move

Calcutta, July 5: Rajendra S. Lodha today opposed the filing of two new caveats by Pradip Kumar Khaitan and Kashinath Tapuriah in connection with the probate proceedings of Priyamvada Birla?s 1999 will in Calcutta High Court.

ITC takeover

New Delhi, July 5: ITC subsidiary Russell Credit Ltd has completed acquiring 3.85 crore shares of Wimco Ltd. Following this, Wimco has become a wholly-owned subsidiary of Russell Credit.