Real estate majors, who had lined up projects in Punjab to woo non-resident Indians, have put on hold their plans indefinitely with most NRIs no longer keen to invest in these properties.
The company plans to consolidate its position in the existing markets in the north, west and eastern region, and foray into the southern states by the end of this year. Hina Nagarajan, country manager, Mary Kay, told Business Standard that the brand was launched in India in September 2007 and has a sales force of over 3,000 women.
According to Puneet Gupta, general secretary of the Ambala Scientific Instruments Manufacturers' Association, the frequent variations in the value of the rupee against the dollar have hit the already squeezing margins. He added that the value of exports of individual units is not large enough to resort to the modern banking instruments like hedging.
The Indus Entrepreneurs, a non-profit organisation that promotes entrepreneurship, has taken a step forward in spreading awareness on the legal issues related to small industries.
As work on the National Rural Employment Guarantee Programme gathers pace in the villages of Bihar and Uttar Pradesh, paddy farmers of Punjab are faced with an unprecedented shortage of farm hands to sow the crop.
The biggest farm loan waiver in India's history to win over the rural masses may not have struck a chord with farmers in Punjab and Haryana.
Paramjit Singh from Chunni Khurd in District Fatehgarh Sahib procures about 300 litres of milk every day from 30 farmers of his village. He shows off an electronic equipment to measure milk, given to him by Reliance, which has opened 400 milk collection centres in as many villages of Punjab as part of its milk procurement and retail marketing programme. For Punjab dairy farmers like Paramjit, there is a range of choices opening up so far as buyers are concerned.
The Rajasthan Civil Aviation Corporation has decided to offer the services of two chartered aircraft -- a Beechcraft King aircraft, which can accommodate six passengers, and other an Augusta helicopter, which can offer five seats.
Haryana Urban Development Authority had to defer the auction of an eight-acre plot earmarked for a five-star hotel in the city centre as only one bidder turned up on the day of auction. The authorities told that a quorum of three bidders was a must for the auction to take place.
Rajasthan's chief minister Vasundhara Raje on Wednesday laid the foundation stone for setting up an IT/ITES SEZ by Somani Worsted Ltd and manufacturing facilities of Jaquar Ltd and Orient Craft Ltd in Bhiwadi. Digamber Singh, Rajasthan's minister of industries, was also present on the occasion.
Wedding planners are thriving on the designer wedding trends prevalent in affluent Punjabi families.
The Confederation of Indian Industry (CII) will adopt 15 Industrial Training Institutes (ITIs) to convert them into centres of excellence.
According to its promoter, Hirji Kanji Patel, this would be equivalent to the Pentium 4 technology but will be ultra low on voltage. The company also plans to start 20 level 3 multi-brand chip-level laptop service centres across India by April 2008.
An area of 150 acres has been earmarked for the Education City, in which, 75 acres has been reserved for private institutions in phase one and 75 acre for an institute of design and other professional colleges. This would include a 30-acre area for common facilities like market, gym, sports facilities etc.
The big boys in the business of power generation and distribution may soon lose their monopoly as small and medium entrepreneurs are keen to foray into this stream.
It is not the vendors and small shopkeepers, but the Chief Minister of Punjab who voiced the first protest against firms foraying into the retail sector in Punjab.
Microsoft Corporation (India) Pvt Ltd has entered Chandigarh with the opening of its service hub here,its first to the north of Delhi.
While it's alright to give Chandigarh a facelift, some veteran architects say the change shouldn't affect the old charm of the city.
The prices started escalating three years back and went through the roof.
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