India to get a major financial boost from the US for development of infrastructure.
Trade and commerce issues, bilateral and global, are expected to come up for debate.
Areva has 60-Mw of biomass-based power capacity in India. It is looking to also tap the market for nuclear power in a big way.
The US-India Business Council (USIBC) in coordination with the Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce & Industry (Ficci) is preparing a list of invitees for the business summit to be addressed by visiting US President Barack Obama.
State power minister Ajit Pawar has told the MahaVitaran, MahaGenco and MahaTransco to upgrade infrastructure to meet challenge of another 25,000 Mw, spread the network quickly, cover uncovered areas, separate out feeders and improve efficiency in providing quality service to customers.
Cidco gave a presentation on the subject to the EAC members.
A senior official from the Protocol Department, who is involved in the preparations for Obama's visit to Mumbai and Delhi, said that there have been requests from a large number of chief ministers. But no such meeting has been granted.
The special dispensation would lead to redevelopment of 19,000 old and dilapidated buildings and rehabilitation of slums situated in the coastal area in Greater Mumbai.
After months of uncertainty, there is finally a glimmer of hope for the proposed Navi Mumbai airport. Environment & Forests Minister Jairam Ramesh told a TV channel today that he had already spoken to his counterpart in the aviation ministry, Praful Patel, and hoped "to find a compromise soon". "There will be an agreement. Our team is going to Navi Mumbai," Ramesh said.
Reliance Infrastructure (R-Infra), an Anil Dhirubhai Ambani Group company, is on the warpath with the state electricity regulator. Stung by the Maharashtra Electricity Regulatory Commission's (MERC's) decision to invite expressions of interest (EoIs) for the distribution of power to Mumbai's suburbs, R-Infra is examining the possibility of legal action.
Reliance Industries Ltd's legal battle over the Uttar Pradesh government's decision to impose 21 per cent value-added tax on gas is holding up supply to NTPC's two power plants and Indian Oil Corporation's Mathura refinery, despite a group of ministers making allocation to them.
The real estate sector in Maharashtra foresees a loss of Rs 2,000 crore (Rs 20 billion) due to the ban on extraction of sand by the Bombay High Court. The realty industry has sought the intervention of the state government to tackle the crisis.
Amidst the hype over a nuclear renaissance in India, state-run Nuclear Power Corporationhas threatened to close down two units of the Tarapur Atomic Power Station on the grounds of safety and security.
Last week, Chandra Shekhar Verma did something rather uncharacteristic for a state-owned company chieftain, especially one reputed to be a stickler for rules. The Steel Authority of India (SAIL) chairman - its youngest ever - openly criticised the government.
A Congress bastion over the years, the tribal dominated Nandurbar district in Maharashtra has been chosen for the launch of Aadhaar, the unique identity (UID) numbers.
Nearly 120 of the 257 auto fuel pumps in Mumbai face closure, as oil marketing companies (OMCs) have lost their earlier protection under the Maharashtra Rent Control Act. They were enjoying protection from eviction by the land owners prior to 2005. However, after the rule was amended, they lost it and were served with eviction notices by the owners as soon as the lease period expired.
EAC told Cidco during a meeting that it would visit the site in the third week of October before finalising its report. Cidco had clarified its stand on 61 points relating to the proposed airport and reiterated that there was no alternative site.
If the waxy crude oil from Cairn's Mangala field in Rajasthan's Barmer area could get the company such high valuations, the prospects of other companies producing higher-grade crude oil or natural gas certainly brighten.
Mumbai's realty sector, which is slowly recovering from the financial slowdown, is set to receive a major boost. At least 100 million sq ft of additional floor space, valued at `1 lakh crore, will be available immediately for the redevelopment of 19,000 old and dilapidated buildings, slums, fishermen colonies and other structures situated in the Coastal Regulation Zone.
Dow Chemical Company is once bitten, twice shy. Close on the heels of its US parent's move to deny liability for damages resulting from the Bhopal gas tragedy at a plant run by Union Carbide (a company it had bought), Dow India has called off a greenfield project to establish a research & development facility in Maharashtra.
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