ICICI may cut home loan rates in Q1 FY'09 (Business Standard 14th Jan 2008)Home loan consumers in India may get some good news in the months to come with country's biggest private lender ICICI Bank saying it could cut interest rates in the first quarter of next fiscal.Lower rates would not be only for new customers, but existing floating-rate clients also, ICICI Bank's Managing Director and CEO K V Kamath told PTI in an interview. More
Jyoti Structures on Tuesday said it has bagged two orders worth Rs 253 crore from Uganda Electricity Transmission Company Ltd and Eskom Enterprises (Pty) Ltd for construction of transmission lines. The company has bagged Rs 160-crore order from Uganda Electricity Transmission Company Ltd for construction of transmission lines and sub-stations. Besides, the company's joint venture company Jyoti Structures Africa (Pty) Ltd has bagged a contract for Eskom Enterprises (Pty) Ltd, the electricity utility of South Africa for construction of transmission line. The scope of the order from Uganda Electricity Transmission Company includes supply and erection of Bujagali Interconnection Project, the manufacturer of transmission line towers informed the Bombay Stock Exchange. The contract valued at around $39.64 million (Rs 160 crore) is to be executed in 24 months, the company said, adding the company would construct 220 kV and 132 kV transmission lines and substations.
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