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Small car maker, but big energy saver
Vinay Varshney, as he predicts the end of CFL lamps in a few years, points to the ceiling of the conference room at Maruti Suzuki’s factory in Gurgaon. It is then that we notice that the two holders, right above the two ends of the long table, have slots for three lamps, but only two are glowing.

Chambers' Reaction: PHD Chambers: No big-ticket reforms
PHD Chambers: No big-ticket reforms

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Voltas jumps on decent results
Shares of Voltas spurted 20.55 per cent to Rs 118.2 on announcement of decent FY09 results. Net profit for the year ended March 31, 2009, increased by 21 per cent to Rs 251.40 crore, while total income rose 34 per cent to Rs 4,361.72 crore during the period.
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Gammon responsible for metro mishap: probe panel

A probe panel looking into the crane mishap at Delhi Metro site during debris clearance today held the contractor Gammon India responsible for the "unusual" incident which it said was due to "mismanagement and lack of professionalism". - Sreedharan orders quality check - DMRC projects carried out as per highest standards: Gammon - Gammon India rebounds in late trades, gains 3% - Gammon India"s March qtr net up three fold at Rs 72.63 cr - Gammon India promoters pledge 9.14% stake "We have received the report on the snapping of cranes in Zamrudpur. It holds contractor"s mismanagement and non-professional approach as the reasons for the mishap," Delhi Metro Chief E Sreedharan told reporters. The DMRC has appointed B P Singh, an expert on cranes and former general manager of NALCO, to inquire into the July 13 mishap when a crane toppled over and booms of two other cranes broke during site-clearing operations at Zamrudpur. Sreedharan said Gammon India used four cranes at the same time which was not the practice. "Two cranes should have been used instead of four. Once you use four and if one of them develops a snag, then everything goes wrong. "The report also said that the clearance of girder from the site should have been done in two stages. There is a sheer error in judgement. Fortunately, only four cranes were lost but it is a very major incident," he said. Delhi Metro officials said the probe report on the July 11 accident when an under-construction bridge collapsed in Zamrudpur killing six persons is likely to be submitted by tomorrow.


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