Ahmedabad-based Symphony Ltd, a global player in air coolers, is planning to set up a manufacturing unit at the special economic zone (SEZ) at Sachin near Surat to cater to its export market.
'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
No more than 62% of farmland acquired for Special Economic Zones has been used for its intended purpose of boosting manufacturing, exports and jobs
The BoA, headed by Commerce Secretary G K Pillai, will consider granting formal clearances to Mukesh Ambani-promoted Navi Mumbai Special Economic Zone and Hindalco aluminium SEZ in Orissa.
A Parliamentary Committee has pulled up the government for going ahead with approvals for more Special Economic Zones without waiting for its report on the subject.
Navi Mumbai SEZ Pvt Ltd, promoted by Ambani and his associate Anand Jain, has proposed to split its 1,233-hectare SEZ project into five separate tax-free zones.
Existing units stay operational; those approved may not be notified, land could be used for other purposes
G K Pillai, chairman of India's Board of Approval for SEZs, demystifies SEZs and the controversy surrounding them.
Punjab government has approved Anil Ambani Group's Rs 5,000-crore (Rs 50 billion) multi-product special economic zone in the state.
The Rs 56,000-crore (Rs 560 billion) Adani Group on Monday received a major blow from the Gujarat High Court, which ordered a shutdown of 12 units in Adani Ports and Special Economic Zone (APSEZ), located in Mundra, Kutch district, with immediate effect.
The Karnataka Cabinet on Monday decided to rechristen 'Mumbai-Karnataka' region consisting of seven districts as 'Kittur Karnataka.'
Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.
G K Pillai, who heads the government's SEZ panel, demystifies SEZs and the controversy surrounding them.
The Karnataka government on Monday cleared IT major Tata Consultancy Services' proposal for special economic zones at four locations in the state with a combined investment of Rs 1,150 crore.
Adani Ports & SEZ was ordered to pay for damage to environment during the UPA govt
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.
In many cases, all that is required is a final letter from the ministry
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
CII, in a communication with the state industries department, cited it had a packed schedule for the year and the dates frozen for the Make in Odisha conclave clashed with a major national summit hosted by the industry body.
Infosys is developing three more projects at Electronics City.
Estimates suggest subsidy outgo on these proposals would be at least Rs 1,000 crore
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
In an embarrassment to Congress, a party MP from Gurgaon on Monday demanded an inquiry into change of land use from agriculture to commercial or residential in the Haryana city and said anybody who has made money illegally, even if it is Robert Vadra, should he held accountable.
The ordinance has returned near absolute power of discretion in land acquisition, except in tribal areas, into the hands of the bureaucracy yet again
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