Nitin Gadkari, national president of the Bharatiya Janata Party, had Reliance Industries chairman Mukesh Ambani to 'high tea' last evening at his Nagpur residence. The meeting was termed a 'courtesy call'.
The Supreme Court order asking the government to implement the inter-linking of rivers project is expected to change the water situation. Former minister Suresh Prabhu, who headed the task force on this project during the NDA rule, explains the necessity of the project.
Infosys is close to signing an agreement with the state-run Maharashtra Airport Develop-ment Corporation (MADC) to set up an IT campus at an investment of Rs 460 crore (Rs 4.6 billion) at the Nagpur SEZ.
If the talks materialise, this would mark Hyundai's foray into the LNG terminal construction space in India.
The retail arm of the Tatas is closing stores in its loss-making value fashion format, Fashion Yatra, and is reworking its operations in Sisley brand.
India's largest FMCG company expects a rent of Rs 200-250 a sq ft or a capital value of Rs 300 crore (Rs 3 billion) from the prime Mumbai property.
Maharashtra Cabinet changes norms to make present occupiers of slums eligible for rehabilitation.
The state government move comes after cases of forgeries and fraud in property dealings increased. The circular has been issued by the Inspector General of Registration and Controller of Stamps.
Amid the perception of gloom and doom in the Indian property market, here's something to cheer about. The real estate industry has given 1.21 times, or 20 per cent, average returns to private equity (PE) investors in the past four years, compared to the global average of 0.8 times.
Maharashtra is facing trouble on two fronts: economic development and fiscal management.
Though the ruling Congress and Nationalist Congress Party have punctured the Opposition's plan to cash in on anti-incumbency, price rise and corruption, in the municipality poll results in Maharashtra, it is a wake-up call for the former. The Congress, which had emerged as the single largest party in the 2009 assembly elections and bagged 17 seats in the Lok Sabha elections held in the same year, failed to keep its tempo as its NCP partner won more seats.
After the UPA regime's move to suspend its decision on foreign direct investment (FDI) in multi-brand retail, the industry is turning nervous about the prospects of single-brand retail as well.
After the UPA regime's move to suspend its decision on foreign direct investment (FDI) in multi-brand retail, the industry is turning nervous about the prospects of single-brand retail as well.
The UK's largest retailer, with revenues of 67 billion pounds, is currently focusing on its existing franchise agreement with the Tata-run Trent.
David Tyler, visa chief at the consulate, said the number of applications for tourist, business and education visas had reached the pre-September 2008 level and they were likely to issue 200,000 visas this year.
America's Walmart is likely to be the first overseas chain to enter the $590-billion Indian retail sector, as the the world's biggest retail giant is extending its parternship with Sunil Mittal's Bharti Enterprises.
The Maharastra government has given the City and Industrial Develoment Corporation (Cidco) an "in principle" approval to hand over 150 hectares of land for the ambitious project.
MMRDA official said that it was already in talks with the World Bank to get funding for the MTHL project.
Almost a year after launching its Rs 1,000-crore (Rs 10-billion) domestic fund, ICICI Venture, one of the largest private equity firms in the country, raised Rs 200 crore (Rs 2 billion) last week, according to sources privy to the development.
Now, the 65-year-old leader completes a year in office. It's another matter, which he has yet to settle several administrative and political problems.
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