day after the Union Cabinet cleared the crucial concession agreement, Karnataka Chief Minister S M Krishna announced that work on the private sector greenfield Bangalore international airport project would begin on January 29.
The CPI on Friday said it was opposed to divestment and entry of foreign direct investment in certain sectors like retail trade, media, telecom and finance.
Mukesh Ambani-controlled Reliance Petroleum is understood to have fixed a price band of Rs 57-62 for its initial public offer to raise over Rs 5,000 crore (Rs 50 billion).
Opposition members said renaming of the new greenfield airport at Shamsbad after dropping the name of the late N T Rama Rao hurt "Telugu pride".
United Breweries Ltd plans to invest about Rs 100 crore (Rs 1 billion) in establishing new Greenfield brewery plants in Orissa, Rajasthan and Uttar Pradesh, as well as expanding the ones.
Paving the way for development of the first-ever 'greenfield airport' in the country, the government signed a concession agreement with Bangalore International Airport Company Ltd for it to come up at Devanahalli in Karnataka over the next 33 months.
Cobra Beer, the beer company promoted by India-born British billionaire Perses Billimoria, is planning to have four breweries in the country.
India beat New Zealand by six runs in the rain-curtailed match to claim the series 2-1. India had beaten the Kiwis in the ODIs with the same margin.
Meso America, a venture promoted by two non-resident Indians selling food service products in the United States on Thursday announced its entry into the Indian market in partnership with another US company Polar Ware.
Tractor maker Sonalika on Tuesday entered into technical alliances with British automaker MG Rover and engine manufacturer PowerTrain to produce multi utility vehicles and diesel engine components, respectively.
Maruti Udyog Ltd, India's biggest carmaker, plans to set up a greenfield manufacturing facility in Haryana to meet increasing volumes.
World's largest steel maker Mittal Steel on Saturday signed an MoU with the Jharkhand government, committing to invest approximately Rs 40,000 crore (Rs 400 billion) to enter mining and steel making operations in the state.
The state government had recommended prospecting licence in favour of Posco-India thrice, but was unable to get them through.
UltraTech currently has 19% market share with Shree Cement commanding 22% of the market
Sixteen companies in the group registered a turnover of over $500 million, with ten of these registering a turnover of over $1 billion
Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees
15-20 cities are expected to get selected for development.
Private airports in India will be freed from all government restrictions except air traffic control and security, a government spokesman said.\n\n\n\n
