Nayanima Basu And Sanjay Jog

Stories by Nayanima Basu And Sanjay Jog

Maha to blacklist builders with criminal nexus

Maha to blacklist builders with criminal nexus

Rediff.com   1 Feb 2010

It is under the blessings of politicians that builders and the criminal-builder nexus is thriving.

Raw sugar piles up at ports

Raw sugar piles up at ports

Rediff.com   28 Jan 2010

Nearly 750,000 tonnes of imported sugar are stuck at the Kandla and Mundra ports even as prices skyrocket in the domestic market. That's because the sugar importing mills in Uttar Pradesh have still not been able to arrive at an agreement on processing imported raw sugar by millers in Maharashtra and Gujarat.

Interest subsidy for exporters may be extended

Interest subsidy for exporters may be extended

Rediff.com   27 Jan 2010

Although India's exports have started growing again after several months of decline, commerce ministry sources told Business Standard that the extension is being considered to sustain growth and stabilise it at 15 to 20 per cent.

Plan to counter threat from Chinese suppliers

Plan to counter threat from Chinese suppliers

Rediff.com   25 Jan 2010

Pricewaterhouse-Coopers (PwC) and the Indian Electrical & Electronics Manufacturers' Association (IEEMA) have recommended that the Centre and state governments ensure 15 per cent price preference for government enterprises.

Govt to relax FDI norms

Govt to relax FDI norms

Rediff.com   21 Jan 2010

Another roadblock to be removed from FDI path; Load on insurance chest.

FSI hike to boost Maharashtra realty biz

FSI hike to boost Maharashtra realty biz

Rediff.com   20 Jan 2010

The Maharashtra government has decided to increase floor space index (FSI) to 3 from the current 2.5 for buildings which have come up between 1940 and 1960. The decision opens up the possibility for redeveloping 16,461 old buildings.

BHEL eyes acquisition, JVs in US, Europe

BHEL eyes acquisition, JVs in US, Europe

Rediff.com   20 Jan 2010

Bharat Heavy Electricals is exploring opportunities for an acquisition or a joint venture partnership with companies from the United States and Europe.

Budget may scrap DEPB scheme

Budget may scrap DEPB scheme

Rediff.com   19 Jan 2010

One of the most favoured duty reimbursement schemes among exporters - the Duty Entitlement Passbook (DEPB) scheme - is likely to be scrapped, as the government gears up to introduce the Goods and Services Tax (GST) from April 1.

States seek easy rate for farm loans

States seek easy rate for farm loans

Rediff.com   18 Jan 2010

State governments, which are striving to achieve 4 per cent growth in agriculture during the 11th Plan period (2007-12), have made a strong pitch for repayment of short-term loans by farmers in case of natural calamities at an interest rate of 7 per cent and not at the regular rate of over 10 per cent as fixed by banks.

HPCL plans Rs 20,000 cr refinery

HPCL plans Rs 20,000 cr refinery

Rediff.com   18 Jan 2010

It is looking to invest over Rs 20,000 crore (Rs 200 billion) for a greenfield project in Raigad or Ratnagiri districts of Maharashtra.

FM's pre-Budget meeting with states on Jan 13

FM's pre-Budget meeting with states on Jan 13

Rediff.com   11 Jan 2010

Finance Minister Pranab Mukherjee will hold a pre-Budget discussion with state governments on January 13.

Nabard officials seek Rahul Gandhi's help

Nabard officials seek Rahul Gandhi's help

Rediff.com   11 Jan 2010

Want the Congress MP to stop the process of transfer of stake, divestment.

Maha SEZ plan put off

Maha SEZ plan put off

Rediff.com   6 Jan 2010

Mukesh Ambani and Anand Jain promoted Mumbai SEZ Ltd has suspended its land acquisition for the MahaMumbai special economic zone in coastal Raigad for an indefinite period.

In a first, Maha asks Videocon to shift SEZ

In a first, Maha asks Videocon to shift SEZ

Rediff.com   4 Jan 2010

Offers 2,000 acres in Pune's Saswad taluk.

Maharashtra realty to cost more

Maharashtra realty to cost more

Rediff.com   4 Jan 2010

Builders feel move may hinder development.

Maharashtra prods builders to go green

Maharashtra prods builders to go green

Rediff.com   4 Jan 2010

Under these regulations, it will be mandatory for new buildings to use green technologies for recycling dry waste and drainage water, vermiculture for treatment of wet waste, solar energy and above all rainwater harvesting.

Power: Rs 20,120-cr capex projected for upgrade

Power: Rs 20,120-cr capex projected for upgrade

Rediff.com   30 Dec 2009

Of this, Rs 6,090 crore (Rs 60.9 billion) is planned for the 11th Plan and Rs 14,030 crore (Rs 140.3 billion) for the 12th Plan.

Dabhol project to achieve maximum load by Apr

Dabhol project to achieve maximum load by Apr

Rediff.com   30 Dec 2009

Currently, the project generates 1,000 Mw.

Minister to begin talks on Bt brinjal in January

Minister to begin talks on Bt brinjal in January

Rediff.com   30 Dec 2009

During his month-long tour, Ramesh would seek views from scientists, agriculture experts, farmers' organisations, consumer groups and non-government organisations on the report submitted by the Genetic Engineering Approval Committee on Bt brinjal in October.

Japanese PM to meet Tata, Ambani

Japanese PM to meet Tata, Ambani

Rediff.com   28 Dec 2009

Hatoyama is the first Japanese PM to visit India in 25 years.