News for '-industrial-development-corporation'

1 dead, 2 hospitalised after inhaling toxic fumes in Mumbai

1 dead, 2 hospitalised after inhaling toxic fumes in Mumbai

Rediff.com22 Nov 2025

The incident occurred inside a two-storey structure at Bhangarwadi in the Maharashtra Industrial Development Corporation (MIDC) area at 4.55 pm, they said.

Coming Soon! Prada's Made in India Kolhapuri Chappals

Coming Soon! Prada's Made in India Kolhapuri Chappals

Rediff.com13 Dec 2025

Prada's Kolhapuri chappals will debut globally in February across 40 Prada stores and on the brand's e-commerce platform.

Titan Q2 profit up 59% to Rs 1,120 cr

Titan Q2 profit up 59% to Rs 1,120 cr

Rediff.com3 Nov 2025

Leading jewellery and watchmaker Titan on Monday reported an increase of 59 per cent in consolidated net profit at Rs 1,120 crore for the September quarter of FY26.

Lotus-Inspired Mumbai Airport Set to Bloom

Lotus-Inspired Mumbai Airport Set to Bloom

Rediff.com24 Sep 2025

NMIAL is spending close to Rs 18,000 crore to get the airport up and running.

'We are ruined': Ajit Pawar's outburst goes viral

'We are ruined': Ajit Pawar's outburst goes viral

Rediff.com26 Jul 2025

Maharashtra Deputy Chief Minister Ajit Pawar has caused a flutter by revealing that Hinjewadi IT Park in Pune is 'moving out' to Bengaluru and Hyderabad.

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

Rediff.com26 Aug 2025

'We have created massive infrastructure in the past six years.'

Rule of law or rule of muscle power? HC slams Maha city planning body

Rule of law or rule of muscle power? HC slams Maha city planning body

Rediff.com20 Apr 2025

The Bombay High Court has criticized the City and Industrial Development Corporation (CIDCO) for failing to take action against illegal structures in Navi Mumbai. The court questioned whether the rule of law or the rule of muscle power prevails in the state, noting that CIDCO officers were threatened by a local sarpanch when they attempted to take action. The court directed CIDCO to demolish the unauthorized structures within a week and ordered the Navi Mumbai Police Commissioner to provide protection to CIDCO officers.

India To Have Second Rocket Port

India To Have Second Rocket Port

Rediff.com12 Mar 2025

The fuel cost will come down if rockets are launched from Kulasekarapattinam as they will have a straight trajectory and need not have to avoid Sri Lanka, which is being done by rockets flown from Sriharikota.

Why Fadnavis Ordered An Inquiry Into Shinde Decision

Why Fadnavis Ordered An Inquiry Into Shinde Decision

Rediff.com22 Feb 2025

'I am simply highlighting a wrongdoing. This is why my complaint has merit, and the chief minister has ordered an inquiry.'

JP Morgan gives 'overweight' rating to four Adani bonds

JP Morgan gives 'overweight' rating to four Adani bonds

Rediff.com6 Dec 2024

US investment banker JP Morgan has given 'overweight' rating on four Adani group bonds, comforted by ability to scale and grow using internal cash flows which reduces the scope for credit stress. In a report, JP Morgan gave 'overweight' rating on three bond issues of Adani Ports & SEZ and one by Adani Electricity Mumbai Ltd (a subsidiary of Adani Energy Solutions Ltd). It has taken neutral stand on other five Adani bonds and is underweight on one bond issued by Adani Green Energy Ltd.

Navi Mumbai airport likely to be inaugurated on April 17

Navi Mumbai airport likely to be inaugurated on April 17

Rediff.com29 Dec 2024

Earlier in the day, an IndiGo A320 passenger aircraft landed successfully at 1.32 pm at runway 08/26 of the under-construction Navi Mumbai International Airport, paving the way for the Navi Mumbai International Airport Ltd (NMIAL) to seek an aerodrome licence from the aviation safety regulator Directorate General of Civil Aviation (DGCA) to start commercial flight services.

Shinde: Maharashtra elections likely to be held in November

Shinde: Maharashtra elections likely to be held in November

Rediff.com15 Sep 2024

Maharashtra Chief Minister Eknath Shinde on Sunday said the state assembly polls are expected to be held in the second week of November and seat-sharing among the ruling allies would be finalised in the next 8 to 10 days.

2nd time in 20 yrs, manufacturing jobs outpace sector growth

2nd time in 20 yrs, manufacturing jobs outpace sector growth

Rediff.com24 Oct 2024

In a relatively rare occurrence, the growth in manufacturing jobs exceeded the pace of sector growth in 2022-23 (FY23). The number of persons engaged in the segment grew by 7.43 per cent in FY23, according to figures from the Annual Survey of Industries (ASI) released on September 30. The gross value added for the manufacturing sector grew by 4.24 per cent in current prices and declined by 2.2 per cent in real terms for FY23, according to earlier annual figures released by the government.

IAF tests inaugural flight at Navi Mumbai airport

IAF tests inaugural flight at Navi Mumbai airport

Rediff.com11 Oct 2024

The airport, being developed by the Adani Group, is expected to start commercial operations early next year.

SC raps Maha govt over preserving Mumbai's green lungs

SC raps Maha govt over preserving Mumbai's green lungs

Rediff.com27 Sep 2024

The observations were made by a bench comprising Chief Justice DY Chandrachud and Justice Manoj Misra during the hearing of an appeal filed by the City and Industrial Development Corporation, Navi Mumbai against a Bombay high court verdict.

Penny Stocks That Could Have Made You A Millionaire

Penny Stocks That Could Have Made You A Millionaire

Rediff.com27 Aug 2024

Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.

Tata Hitachi reaps rich harvest, from field to factory

Tata Hitachi reaps rich harvest, from field to factory

Rediff.com5 Jul 2024

It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.

'Bullet Trains Aren't An Issue For Polls'

'Bullet Trains Aren't An Issue For Polls'

Rediff.com18 May 2024

'When there are no good roads and no buses plying to villages, your spending on development is skewed.'

Dombivli chemical factory blast toll rises to 8; more than 60 injured

Dombivli chemical factory blast toll rises to 8; more than 60 injured

Rediff.com23 May 2024

A major fire broke out inside the industrial area of Dombivli in Thane after a boiler exploded at the plant of a chemical company.

'Fire Is Always A Concern In Mumbai'

'Fire Is Always A Concern In Mumbai'

Rediff.com29 Jun 2024

'As the city grows, so do its fire incidents.'

'Unemployment Is Higher Among Educated Youth'

'Unemployment Is Higher Among Educated Youth'

Rediff.com28 Jun 2024

'The more educated a young person is, the higher the chances of him or her remaining unemployed.'

'Middlemen' part of Shinde's Davos delegation: Aaditya

'Middlemen' part of Shinde's Davos delegation: Aaditya

Rediff.com15 Jan 2024

Former Maharashtra minister and Shiv Sena-Uddhav Balasaheb Thackeray leader Aaditya Thackeray on Monday claimed nearly '50 people', including 'some middlemen' and personal assistants, will be part of the delegation that will travel with Chief Minister Eknath Shinde for the World Economic Forum (WEF) gathering in Davos, Switzerland.

Titan hits new all-time high; enters Rs 3 trillion market-cap club

Titan hits new all-time high; enters Rs 3 trillion market-cap club

Rediff.com29 Nov 2023

Titan Company on November 21, became the second Tata group firm to join Rs 3 trillion market capitalisation (market cap) club after its shares hit a new high of Rs 3,400, up nearly 2 per cent on the BSE in Tuesday's intra-day trade. At 12:28 PM; with a market cap of Rs 301,847 crore (Rs 3.02 trillion) Titan stood at number 16th position in overall market cap ranking on the BSE listed companies, the exchange data shows. Titan overtook paint company Asian Paints, which has a market cap of Rs 300,579 crore, data shows.

Navi Mumbai international airport's commercial launch expected in Dec 2024

Navi Mumbai international airport's commercial launch expected in Dec 2024

Rediff.com26 Dec 2023

The outer structure of Navi Mumbai International Airport's first terminal building is almost ready. Exactly behind the under-construction building, stands a partially demolished hill. Executives from the airport company are now hopeful the hill will be flattened by mid-January, paving the way for the first commercial take-off by December next year.

Tata Motors to get over Rs 766 cr compensation for losses incurred at Singur plant

Tata Motors to get over Rs 766 cr compensation for losses incurred at Singur plant

Rediff.com30 Oct 2023

In a major victory for Tatas, an arbitral tribunal has awarded Tata Motors a compensation of over Rs 766 crore for the losses incurred because of protests by Trinamool Congress that stalled its small car project at Singur in West Bengal. The tribunal asked the West Bengal government to pay Tata Motors the compensation, along with interest, according to a stock exchange filing by the Mumbai-based auto major on Monday. The company stated that the arbitral tribunal has asked the West Bengal Industrial Development Corp (WBIDC) to pay the company Rs 766 crore compensation, in connection with losses incurred on its manufacturing site in Singur.

4 Kerala PSUs part of India's first solar exploration mission Aditya-L1

4 Kerala PSUs part of India's first solar exploration mission Aditya-L1

Rediff.com4 Sep 2023

As India's first solar exploration satellite reached space, four Kerala public sector undertakings, including Keltron, have reason to be delighted as they too have contributed to this achievement by the country. Various products indigenously developed and manufactured by the four PSUs - Keltron, Steel and Industrial Forgings Limited (SIFL), Travancore Cochin Chemicals (TCC) and Kerala Automobiles Ltd (KAL) - have been used in the Aditya L1 mission. This milestone achieved by the PSUs was highlighted by state Industries Minister P Rajeev in a Facebook post.

'We are not asking for the moon from Adani'

'We are not asking for the moon from Adani'

Rediff.com21 Dec 2023

'Gautam Adani will not be able to step inside Dharavi.' 'We will ensure Adani will not get what he wants.' 'Adani has no reason to do politics with people of Dharavi but he is still doing it.'

JD-S may merge with BJP after Deve Gowda, should drop word 'Secular': Sidda

JD-S may merge with BJP after Deve Gowda, should drop word 'Secular': Sidda

Rediff.com15 Nov 2023

Calling former Prime Minister HD Deve Gowda-led party "communal" following its alliance with the BJP, he urged Janata Dal-Secular, to remove the word 'Secular' from its name.

NCP leader Khadse's son-in-law out on bail in money-laundering case

NCP leader Khadse's son-in-law out on bail in money-laundering case

Rediff.com25 Jul 2023

Chaudhari was released from Arthur Road Jail in central Mumbai after completion of formalities, including furnishing of a cash bail of Rs 1 lakh, his lawyer Mohan Tekavde said.

After Vedanta row, Shinde govt clears 181 industrial plots sanctioned by MVA

After Vedanta row, Shinde govt clears 181 industrial plots sanctioned by MVA

Rediff.com20 Sep 2022

The Eknath Shinde-Devendra Fadnavis government has been facing flak after Vedanta-Foxconn chose Gujarat to set up its multi-billion semiconductor plant.

Major fire at Britannia's Pantnagar plant; no casualties reported

Major fire at Britannia's Pantnagar plant; no casualties reported

Rediff.com29 Aug 2022

A major fire broke out in Britannia Industries' Pantnagar manufacturing plant on Sunday destroying thousands of tons of biscuits. However, no one was killed or injured in the fire which broke out around 1230 hours in the biscuit division of the factory, Senior Superintendent of Police (SSP) Udhamsingh Nagar (district) Manjunath T C told Business Standard after the firefighters put the fire out. "With the help of 15-20 fire tenders, we were able to control the fire which was very major," Manjunath said.

Bommai's election-year budget targets temples, women and youth

Bommai's election-year budget targets temples, women and youth

Rediff.com17 Feb 2023

The ruling Bharatiya Janata Party in poll-bound Karnataka on Friday sought to woo farmers, women and younger generation with a slew of welfare measures in its last budget in the current term, also earmarking Rs 1000 crore towards development and renovation of various temples and maths in the state.

ED arrests Eknath Khadse's son-in-law in money laundering case

ED arrests Eknath Khadse's son-in-law in money laundering case

Rediff.com7 Jul 2021

They said Chaudhary was arrested on Tuesday night after he was questioned at length in the case at the office of the central investigative agency in south Mumbai.

When A Secret Rajiv-Badal Meeting Was Cancelled

When A Secret Rajiv-Badal Meeting Was Cancelled

Rediff.com8 May 2023

'Mr Badal wanted to talk to a member of the Gandhi family to bring about some sort of rapprochement between the Akalis and the Congress which were the two major parties at that time.'

ED probe conspiracy to defame me as I quit BJP: Khadse

ED probe conspiracy to defame me as I quit BJP: Khadse

Rediff.com8 Jul 2021

"I have earlier appeared for the inquiry five times. The Anti-Corruption Bureau (ACB) had filed a C-summary report in a Pune Court that there is no truth in the allegations and the case be closed," he said.

Adani highest bidder for West Bengal's Tajpur deep-sea port

Adani highest bidder for West Bengal's Tajpur deep-sea port

Rediff.com25 Mar 2022

India's largest private port operator Adani Ports and SEZ (APSEZ) Ltd has emerged as the highest bidder for the West Bengal government's greenfield deep-sea port project at Tajpur in a neck-to-neck fight with JSW Group, a source said on Friday. APSEZ and Sajjan Jindal-led JSW Group were the only two entities that took part in the financial bid round, though there were more port and logistics majors who had expressed initial interest in the estimated Rs 7,000-crore project in Purba Medinipur district. "APSEZ is the highest bidder, offering a share of 0.25 per cent of gross revenue. "It was marginally higher than the second bidder who offered 0.23 per cent," a senior government official said, without wanting to be named.

SC rejects Kerala's plea against leasing Thiruvananthapuram airport to Adani

SC rejects Kerala's plea against leasing Thiruvananthapuram airport to Adani

Rediff.com17 Oct 2022

The Supreme Court on Monday dismissed a petition filed by the Kerala government against the state high court verdict rejecting the pleas challenging the Centre's decision to lease out Thiruvananthapuram International Airport to Adani Enterprises Ltd.

In Jhagadia tribal strongman Chhotubhai Vasava doesn't feel need to campaign

In Jhagadia tribal strongman Chhotubhai Vasava doesn't feel need to campaign

Rediff.com29 Nov 2022

'I don't need to go out now. I don't have to buy votes. My workers are campaigning for me, visiting villages. I know people in every village and their issues,' says the 78-year-old leader.

Mumbai civic chief shunted out amid rising COVID-19 cases

Mumbai civic chief shunted out amid rising COVID-19 cases

Rediff.com8 May 2020

Praveen Pardeshi was replaced by Iqbal Chahal in a major shake-up in the agency that is in charge of the city's COVID-19 response.

REVEALED! Design of the Navi Mumbai airport

REVEALED! Design of the Navi Mumbai airport

Rediff.com10 Jun 2021

The Navi Mumbai international airport will boast three interconnected multi-level terminals with a lotus-inspired design, according to the master plan prepared by its outgoing developer. The GVK group, which completed 15 years of airport business, shared the first look of the Navi Mumbai airport. The group in 2018 had commissioned British firm Zaha Hadid Architects to design the main terminal and air traffic control tower. The master plan of the airport was approved by the City and Industrial Development Corporation (CIDCO) in 2019.