After the controversy over pricing of gas from the Krishna-Godavari basin, the Ambani brothers are locked in another court battle.
Last week, Maharashtra Governor S M Krishna cleared the state's proposal to raise Rs 16,000 crore (Rs 160 billion) through bonds to finance incomplete irrigation projects.
Maharashtra government, which is facing the heat over land acquisition for the special economic zones has written to the Centre asking it to clarify the scope of the term compulsory land acquisition.
Small scale pharmaceutical units in the country are facing an imminent closure owing to lack of business opportunities and hostile regulatory policies.
Orchid Chemicals and Pharmaceuticals has announced the formation of Orchid Research Laboratories, a subsidiary that will house all of Orchid's research and development activity.
The Maharashtra government's plans to tap sugar factories as an alternative source of power to overcome huge power deficit to the tune of 5,000-6,000 Mw, are proving to be a damp squib due to the rising prices of steel and coal.
Competing with established biotech companies in India such as Wockhardt, Biocon and Reliance Life Sciences, small biotech companies such as Zenotech, BV Biocorp and Intas Biopharma are likely to emerge as major players in biogeneric drugs.
Farmers will finally have a right to decide if their land can be acquired or not for special economic zones in Maharashtra.
Capping the size of special economic zones to 5,000 hectare may help governments quell social unrest caused by compulsory land acquisition for such projects.
By a rough estimate, the company will have to pay Rs 3,750 crore for land acquisition.
The Maharashtra government will lend Rs 550 crore (Rs 5.5 billion) to Ratnagiri Gas & Power, earlier called Dabhol Power Company
The Centre has asked the Maharashtra government to reduce the size of the Reliance Industries-promoted Mahamumbai SEZ as it involves acquisition of over 10,000 hectares of land.
The Union government is thinking of levying one more cess on incomes of corporate India to help them discharge their duties towards the people belonging to the scheduled casts and the scheduled tribes.
Singapore-based Changi Airport will be the consultant for the development of the airport at the Multi-nodal International Cargo Hub and Airport Project at Nagpur.
Residential property prices in south Mumbai continue to soar.
After successfully marketing the state to American auto giant General Motors and German automaker Volkswagen, the Maharashtra industry department now wants Japanese auto major Honda to come to the state.
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