PB Jayakumar &Amp; Makarand Gadgil In Mumbai

Stories by PB Jayakumar &Amp; Makarand Gadgil In Mumbai

Bitter harvest drives grape farmers to suicide

Bitter harvest drives grape farmers to suicide

Rediff.com   16 Jan 2008

Their deaths add to a deadly tally of 70-odd suicides by grape growers over the past two years -- a bizarre juxtaposition to the celebratory enthusiasm of the local politicians.

Teva pharma to invest in India

Teva pharma to invest in India

Rediff.com   10 Jan 2008

Israel's pharma firm, Teva, is planning to invest Rs. 4000 crores in India.

Ambani eyes Dabhol project, govt says 'no'

Ambani eyes Dabhol project, govt says 'no'

Rediff.com   8 Jan 2008

A day after the Anil Dhirubhai Ambani Group declared it will be interested in buying out the Dabhol project whenever it is up for sale, Petroleum Minister Murli Deora categorically denied the Central government was considering any such proposal.

Maharashtra plans 9,000 kiosks for e-gov

Maharashtra plans 9,000 kiosks for e-gov

Rediff.com   7 Jan 2008

The kiosks will offer government services like land records, various licences, getting cast or domicile certificates, filing of VAT return, payment of motor vehicle tax, and enrolment forms for the state government's pension scheme for the old and destitute. The operators, running these kiosks, will be allowed to collect user charges to recover their investment.

4 global firms in race for Navi Mumbai airport

4 global firms in race for Navi Mumbai airport

Rediff.com   7 Jan 2008

The consultants who have been shortlisted include Scott & Wilson from England, Maun Senn from Singapore, Louis Burger from the US and another US-based company Mott McDonald.

Pharma body to get free hand at pricing

Pharma body to get free hand at pricing

Rediff.com   5 Jan 2008

Govt has given the medicine price regulating body a freedom to control prices of medicines.

Indian pharma giants change tactics

Indian pharma giants change tactics

Rediff.com   31 Dec 2007

Indian Pharma majors are looking at different strategies to boost their global business.

Shiv Sena turns to investor education

Shiv Sena turns to investor education

Rediff.com   20 Dec 2007

The Shiv Sena, the party that champions the cause of Maharashtrians, has turned this year's stock market boom, which saw the Sensex rise some 700 points, into a political opportunity.

Ambani brothers set for a battle again

Ambani brothers set for a battle again

Rediff.com   12 Dec 2007

The Maharashtra government's decision on the successful bidder to build its showcase project of around Rs 4,500 crore (Rs 45 billion), Mumbai Trans-Harbour Link (MTHL) or sea link between Sewri in island city of Mumbai and Nhava Sheva, is going to be watched keenly by the corporate world as Anil Ambani's Reliance Energy (REL)-led consortium is all set to submit its bid by December 15 after a long drawn legal battle.

Repeal of land ceiling Act paves way for funds

Repeal of land ceiling Act paves way for funds

Rediff.com   11 Dec 2007

Quite fed up with the state government's dilly-dally approach in repealing the ULCA in September, while releasing the grant of around Rs 400 crore under the JNURM, the Centre had warned the state government that if it did not repeal the ULCA, funding under the JNURM scheme would be stopped. Subsequently, the state legislature had passed a Bill to repeal the ULCA in the recently concluded winter session of the Assembly.

Videocon SEZ decision to affect other SEZs

Videocon SEZ decision to affect other SEZs

Rediff.com   8 Nov 2007

Chief Minister Vilasrao Deshmukh and other ministers like to boast that of the 450 SEZs coming up in the country, nearly 120 are in Maharashtra. However, since most of the SEZs are single product or IT SEZ, land acquisition is not much of an issue. But in the case of six SEZs, which are multi-product SEZs and where over 1,000 hectares of land have to be acquired, it is proving to be an albatross around the state government's neck.

ONGC Petro plans IPO

ONGC Petro plans IPO

Rediff.com   27 Oct 2007

Oil and Natural Gas Corporation (ONGC), the country's leading public sector company, is planning an initial public offer of ONGC Petro-additions Limited (OPaL), the special purpose vehicle formed for the Rs 13,500 crore (Rs 135 billion) petrochemical complex at Dahej in Gujarat.

Gas shortage may hit Dabhol plant

Gas shortage may hit Dabhol plant

Rediff.com   17 Sep 2007

The Maharashtra government is heavily banking upon Dabhol power plant to start functioning at its full capacity of 2,150 Mw to help the state tackle the 5,000 Mw shortage during peak summer season.

Dabhol plant to be scaled up to 5,000 Mw

Dabhol plant to be scaled up to 5,000 Mw

Rediff.com   14 Sep 2007

The plant will start functioning to its fullest by the end of January 2008, after delay of one-month from previous schedule.

Maharashtra's hands tied on Akurdi closure

Maharashtra's hands tied on Akurdi closure

Rediff.com   8 Sep 2007

The Maharashtra government can do little beyond using its good offices to pursue the Bajaj Auto management to revive production at its mother plant in Akurdi, near Pune.

Raigad farmers take on RIL, to develop own SEZ

Raigad farmers take on RIL, to develop own SEZ

Rediff.com   18 Aug 2007

"We will learn from their experiences of becoming crorepatis," he said. Kalbhairva also intends to talk to financial institutions for assistance and is even planning an initial public offer.

Mumbai sea link project delayed further

Mumbai sea link project delayed further

Rediff.com   16 Aug 2007

The showpiece of the Mumbai Makeover plan of the state government, the Rs 1,300 crore (Rs 13 billion) Bandra-Worli Sealink project has run into rough weather once again. It is likely to miss the deadline of April next year.

White revolution goes awry

White revolution goes awry

Rediff.com   14 Aug 2007

It was supposed to start a white revolution in the six most troubled districts of Maharashtra's Vidarbha, where no less than 2,000 farmers have committed suicide in the last six years.

Reliance to shut Pune facility

Reliance to shut Pune facility

Rediff.com   11 Aug 2007

The Kurkumbh unit, which manufactures MEG from industrial alcohol, has 90 employees on its rolls and another 250 contract labourers.

Medicine Shoppe plans to add 500 drug stores

Medicine Shoppe plans to add 500 drug stores

Rediff.com   26 Jul 2007

Medicine Shoppe India, the Indian arm of the largest pharmacy chain Medicine Shoppe International, owned by the US-based drug trading major Cardinal Health, is planning to add about 500 medical stores in India within two to three years.