This will benefit 4,217 high-tension industrial consumers, whose daily power requirement is 2,000 Mw.
BP has valued Reliance Industries' (RIL) new exploration and production (E&P) business at around $25 billion (Rs 1,12,500 crore), according to Goldman Sachs.
The government has made several region-wise and sector-wise allocations in its annual plan and budget proposals.
NPCIL will comply with all the 35 conditions stipulated by MoEF.
With the cricket World Cup mood building up, bookies and punters across India have taken their positions. Sources involved in betting, who did not want to be identified, fearing police action, estimate a turnover of about Rs 10,000 crore (Rs 100 billion).
The state-run Maharashtra Industrial Development Corporation (MIDC) recently handed over the land. The company was exploring investment opportunities in various states and finally selected a site at the Shendre industrial estate near Aurangabad.
The ministry holds about 1.73 million acre of land.
With Reliance Industries openly expressing displeasure about the merger between its joint venture gas partner, Atlas Energy, with Chevron, all eyes are now on Atlas' special shareholder meeting on February 16, called to approve the proposed merger.
Several management institutes across the country plan legal action to seek a reprieve from recent guidelines issued by the All-India Council for Technical Education
The legal battle between Lavasa Corporation, an arm of Hindustan Construction Company involved in the development of a hill city in Maharashtra, and the Ministry of Environment and Forests (MoEF) is expected to prolong further.
India has set a new record by crossing 10,000 Mw of capacity addition in a single financial year since Independence.
Lavasa is attempting to create an idea that such a city can be built, and rapidly, and not only restore or preserve the ecology but enhance it as well.
To get the best talent, they put stiff riders for recruitment.
The Indian School of Business (ISB), Hyderabad, has so far seen the highest domestic job offer on its campus at Rs 39 lakh from a private equity firm, according to two recruiters familiar with the development.
During the ongoing crushing season, mills have so far produced 3.36 million tonne (mt) of sugar and unsold stocks have touched 1 mt. Sugar prices are at Rs 2,585-2,630 a quintal, compared with Rs 2,850 a quintal on December 31.
On the back of recent controversies involving the release of Niira Radia tapes, allocation of 2G spectrum and alleged financial irregularities in the Commonwealth Games, the Confederation of Indian Industry (CII) plans to launch a "moral leadership" campaign to combat the rising incidents of corruption.
Maharashtra Chief Minister Prithviraj Chavan plans to overhaul the Rs 15,000-crore Dharavi redevelopment project. Chavan - who has already flagged what he called an "unholy nexus" among builders, politicians and middlemen in the wake of the Adarsh housing society scam - now wants state-run Maharashtra Housing & Area Development Authority (Mhada) to carry out the big-ticket project.
In December 2010, Mumbai-based Narsee Monjee Institute of Management Studies received an A*** grading by credit rating agency Crisil.
Vijay Mallya-promoted Kingfisher Airlines has turned second time lucky; the state-run Bharat Petroleum Corporation (BPCL) has granted it a three-month reprieve to pay jet fuel dues. KFA owes BPCL Rs 220 crore (after adjustment of interest) for fuel dues.
Truck rentals during calendar year 2010 rose by 24-40 per cent on trunk routes, with robust manufacturing growth and high consumer spending. However, the rentals stabilised during December and are expected to remain firm in the first quarter of calendar year 2011.
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