Big vendors left with smaller amounts as formula for compensation based on despatches.
Airlines say ATF fuel prices in India are 40 per cent higher than in countries such as Singapore. Jharkhand, Chhattisgarh and Maharashtra
Officials in the power department said industrial demand (which accounts for 40 per cent of the state's power consumption) didn't rise last year, contributing to surplus power.
The new Bill is a replacement of the Financial Establishments Bill, 2009, with added provisions relating to search, seizure and attachment of properties of such companies.
Firms meet huge redemption pressure after deducting money from principal amount.
NRW is one of the leading providers of construction and mining services with a turnover $1.35 billion in 2011-12.
Yet to achieve financial closure for project because of pending draft agreement.
According to an official in the state power department, the government has given nod to the West Bengal State Electricity Distribution Company to approach the West Bengal Electricity Regulatory Commission for a further tariff hike and a proposal has been moved in this regard
The 2,75,000 new jobs would cost a monthly Rs 300 crore (Rs 3 billion), officials with knowledge of the development said.
Jet Airways and Kingfisher have shown interest to operate in the proposed airport in the industrial belt of Asansol-Durgapur region of West Bengal, Subrata Paul, chief executive officer of Bengal Aerotropolis Projects (BAPL) which is setting up the 10,000-crore airport city project, said.
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