Three districts of Maharashtra - Ratnagiri, Sindhudurg and Raigad - on the western coast are set to become the power hub of this part of the country.
The rail link is considered necessary as it will help decongest the growing traffic once the proposed airport comes up in Navi Mumbai.
Actual construction on the Navi Mumbai international airport, which received the much-awaited environment clearances early this week, would begin in October next year as certain formalities remained to be done, said the City and Industrial Development Corporation (Cidco), a nodal agency for the project.
The mega real estate loan scam could delay the initial public offers of over half a dozen real estate developers because of poor investor sentiment, said bankers and analysts tracking the sector.
Lavasa had clarified that the development carried out at the Lavasa City were within the framework of the clearance granted by the state environment ministry.
Chennai-based electronics and consumer durables chain Viveks is the country's largest multi-product, multi-brand service centre. B A Kodandaraman, the 72-year-old chairman & managing director, knows it is after-sales service that will separate the men from the boys in the highly competitive retail sector, especially when big corporate houses are muscling their way into the segment.
Undeterred by strong objections from opposition parties and several non-government groups, the Maharashtra government is to proceed with the Maharashtra Special Economic Zones and Designated Areas Bill in the legislature during the winter session beginning on December 1 in Nagpur.
GAIL India plans to consolidate presence in petrochemicals and renewable energy, allocate a percentage of annual capital expenditure for exploration and production (E&P), pick up equity in upstream LNG projects abroad, and pursue investments in shale gas projects in and outside.
The CM-elect would have to strive to regain the state's past glory, as its earlier eminence has been challenged by Gujarat, Karnataka, and many other states. Besides, the burgeoning debt burden, which has already crossed Rs 1,70,000 crore, rising fiscal and revenue deficits had put increasing pressure on the administration to avoid overdrafts.
China's growing dominance in global trade is definitely a matter of concern for both the US and India.
India to get a major financial boost from the US for development of infrastructure.
Trade and commerce issues, bilateral and global, are expected to come up for debate.
By his own admission, the last 30 months have been one of the toughest in Thomas Varghese's 29-year career. The 50-year-old chief executive of Aditya Birla Retail, however, quickly adds that they have been 'very interesting and challenging too'.
The US-India Business Council (USIBC) in coordination with the Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce & Industry (Ficci) is preparing a list of invitees for the business summit to be addressed by visiting US President Barack Obama.
State power minister Ajit Pawar has told the MahaVitaran, MahaGenco and MahaTransco to upgrade infrastructure to meet challenge of another 25,000 Mw, spread the network quickly, cover uncovered areas, separate out feeders and improve efficiency in providing quality service to customers.
Cidco gave a presentation on the subject to the EAC members.
A senior official from the Protocol Department, who is involved in the preparations for Obama's visit to Mumbai and Delhi, said that there have been requests from a large number of chief ministers. But no such meeting has been granted.
The special dispensation would lead to redevelopment of 19,000 old and dilapidated buildings and rehabilitation of slums situated in the coastal area in Greater Mumbai.
The company may partner with local governments and land owners to launch its projects.
After months of uncertainty, there is finally a glimmer of hope for the proposed Navi Mumbai airport. Environment & Forests Minister Jairam Ramesh told a TV channel today that he had already spoken to his counterpart in the aviation ministry, Praful Patel, and hoped "to find a compromise soon". "There will be an agreement. Our team is going to Navi Mumbai," Ramesh said.
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