Dow Chemical Company is once bitten, twice shy. Close on the heels of its US parent's move to deny liability for damages resulting from the Bhopal gas tragedy at a plant run by Union Carbide (a company it had bought), Dow India has called off a greenfield project to establish a research & development facility in Maharashtra.
This is based on the proposals given by a task force set by the government a year before to suggest measures to stimulate the growth of IT, IT-enabled services and the electronics hardware manufacturing industry. Electronics hardware production rose from Rs 84,410 crore (Rs 844.1 billion) in 2007-08 to Rs 94,690 crore (Rs 946.9 billion) in 2008-09, a growth of 12.1 per cent.
After individuals, now even institutions like government departments, schools and companies would get unique identification numbers (UIDs) to enroll the country's residents for the UID system.
The draft proposal of the five-year plan focuses on a multi-pronged strategy to achieve e-development: creation of e-infrastructure to facilitate and promote e-governance, promotion of electronics and information technology industry, promotion of e-inclusion, providing support for creating innovation, building knowledge networks and securing India's cyber space.
After individuals, now even institutions like government departments, schools and companies would get unique identification numbers (UIDs) to enroll the country's residents for the UID system. These institutions or service delivery organisations would get a UID-like identifier, called Entity ID, which would help enrol people and deliver services.
Financing of solar projects under the Centre's ambitious national solar mission has hit a major roadblock as banks have argued that the current structure of the power-purchase agreement was not bankable due to the credibility of many states.
The proposed expansion of the Dabhol power project under Ratnagiri Gas & Power Pvt Ltd (RGPPL) by 2,100 Mw from the present capacity of 1,940 Mw has been stalled for want of assured gas supply from the KG-D6 gas field, operated by Reliance Industries Ltd, and adequate number of power procuring states.
Planning Commission member Arun Maira said on Thursday a panel chaired by him had not recommended a blanket ban on the import of power and other capital equipment from China and other countries.
The MSP tender, considered as one of the largest information technology outsourcing contracts floated in India, is estimated to be in excess of Rs 1,000 (Rs 10 billion) crore for the 7-10-year lifespan of the project.
This comes close on the heels of the ministry's stand on the development of a new international airport in Navi Mumbai.
It's one tender that could usher in an era of partnership between domestic and global IT service providers, who compete fiercely for deals in India and abroad.
Like any other government organisation, the Unique Identification Authority of India (UIDAI) is facing manpower crunch. Vacancies in eight of its regional offices have not been filled since they became functional in November 2009.
Ministry sources told Business Standard that necessary action would be taken to amend the Act to include penalty for non-compliance and modify the procedure to decide the penalty and punishment under the Act.
The Raigad district administration has asked RIL to submit details regarding production and safety measures at the plant.
The consortia include algorithm and system integration providers.
CERC keeping an eye on movement of prices.
The UI rate is a variable depending on the grid frequency.
The Organising Committee of the games (CWG-OC) hopes to foster business ties with other Commonwealth nations and is in talks with South Africa, Scotland, Australia and the United Kingdom to sign agreements in the areas of IT, pharmaceuticals and tourism.
The Nationalist Congress Party (NCP) will declare its party line at its national executive, to be held on August 1 in Patna, days after announcing that the party would forge an alliance of secular parties on the grounds that its major ally, Congress, was not giving it adequate political space.
BJP president Nitin Gadkari said, "The party has not yet taken any decision on Uma Bharati's return. The issue is still being discussed." A party leader said the party's decision may be possible after the elections to the Bihar assembly are over.