The developers, Reliance Sea Link One Pvt Ltd -- a joint venture between the Anil Dhirubhai Ambani group's Reliance Infrastructure and Hyundai Engineering -- is ready with the financial closure for the project after MSRDC submitted a no-objection certificate from its bond holders to the joint venture company.
The Congress party has not only distanced itself from Maharashtra Chief Minister Prithviraj Chavan but also made him clarify his recent statement that the party's decision to give the home ministry to the Nationalist Congress Party -- its ally in the state -- was a mistake. Both the central leadership and the state unit of the Congress preferred not to offer any comment but indicated that it was Chavan's personal remark that came after the July 13 blasts.
The Mumbai police believe that while selecting a crowded area in the vicinity of Kabutarkhana and Shiv Sena headquarters in Dadar for triggering blasts, the terrorists had a twin objective -- to create trouble in an area dominated by the Marathi-speaking middle-class and destabilise political equations. The headquarters of the Maharashtra Navnirman Sena and the residence of its chief Raj Thackeray were also situated a few minutes away from the blast site.
Two years after IHCL - one of Asia's biggest hotel chains which runs the Taj chain of hotels and resorts in addition to three other brands - had clinched the deal and subsequently demolished the multi-storey 434-room Hotel Sea Rock, it is now awaiting clearance to start construction.
The Internet Corporation of Assigned Names and Numbers' (ICANN) decision to expand gTLD (generic top-level domain) names on the internet to include almost any name (even .anything), is foxing both users and registers. It has also raised fears of online trademark violations and cybersquatting.
BSNL has just launched a closed user group plan for Other Backward classes (OBCs) in Maharashtra. It has tied up with the Satyashodhak OBC Parishad, a non-political organisation, for a prepaid talk time plan at nominal charges.
Maharashtra govt refuses to release viability gap funding of Rs 1,392 crore.
MPCB said Indiabulls had started the construction work at the IT Park project in violation of consent to establish and without complying with its directions issued on January 27.
State-run City and Industrial Development Corporation (Cidco) plans to issue a request for qualification (RFQ) for the Navi Mumbai international airport in the middle of next month.
Ashutosh Vaidya, head, Wipro BPO Solutions, and Deepak Jain, head, Technology Infrastructure Services, have put in their papers, said the sources. The reasons for the resignations could not be confirmed.
At present, at least, five over $500-million deals are being discussed for potential acquisition.
The ministry had recently promised these dealers to increase their commission by Rs 397 per kilolitre (kl) on petrol and Rs 170 per kl on diesel. Dealers now get a commission of Rs 1,230 per kl on petrol and Rs 730 per kl on diesel.
During the quarter ended March 31, it added seven clients, the highest since the third quarter of 2007-08.
iGate Patni is all set to compete with the likes of IBM, Accenture, Infosys and Congnizant.
Large-cap plus in low-cost delivery, investment in new services adds to sectoral push
The state-run City & Industrial Development Corporation (Cidco), nodal agency for the proposed Navi Mumbai international airport, has asked the New Delhi-based National Institute of Disaster Management (NIDM) to prepare a risk assessment and disaster management plan for the project.
Worli-Haji Ali sea link project was awarded by Maharashtra State Road Development Corporation to the company in February 2010.
Industry players have sought clarity on the proposed move from the state government.
Union environment minister Jairam Ramesh has written to the Prime minister on the need to review the earlier central plan to develop six 'nuclear parks'.
In a country where there is such a disparity and large part of population living in villages are below the poverty line, the need for CSR supersedes everything.
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