Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
In a bid to win over angry villagers at the proposed plant site area near Orissa's Paradip, Posco-India plans alternative engagement for landless people of the area, company sources said.
Carrying their baggage, thousands of people are leaving the port town of Paradip to escape the wrath of the severe cyclonic storm 'Phailin' which is expected to make landfall in Odisha in less than 24 hours.
The world's largest cruise ship Harmony of the Seas, is all set for its maiden voyage.
'After the creation of Telangana, Andhra Pradesh has been left as an agrarian state.' 'Therefore, the special category status to this residual state was imminent and necessary for its development,' YSR Congress MP V Vijayasai Reddy explained in the Rajya Sabha.
Cyrus Mistry undertook quite a few significant initiatives at the Tata Group in the past two years.
The Taliban will view India through the eyes of the ISI and can be relied upon to undertake hostile actions against this country, warns Virendra Kapoor.
According to the reports of interrogation of Mohammed Danish and Atif Muzzafar accessed on Thursday, the duo, along with other friends owing allegiance to the banned Islamic State, had planned to plant a bomb at Ramleela ground in Lucknow where the prime minister was scheduled to address a rally on October 17 last.
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
As oil minister, he has overseen India's petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.
The five-acre facility, set up by M&M through a joint venture with government owned company MSTC, went on stream in April this year
"Our Group Management Board has approved the constitution of a 15-member technical team for our steel projects in Orissa and Jharkhand under the supervision of our Chief Technical Officer Pierre Gugliermina," ArcelorMittal Brazil Chief Executive Officer Jose Armando Campos told PTI.
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
The five-way joint venture that also includes Hindustan Petroleum, Oil India Ltd and GAIL India, which had in October 2007 inked a preliminary MoU for the project, are looking at 4-5 year horizon from the zero date for commissioning the project. To start with, it will be an export refinery but in long-term some products will cater to Indian market.
India has evinced interest in building refineries and petrochemical plants in Iraq and is keen to source liquefied natural gas (LNG) from its second largest oil supplier.
His faith in India remains unshaken but steel magnate Lord Swraj Paul has little doubt that it will suffer badly in the current global economic meltdown, a view contrary to that of many economists who feel that the country's strong domestic economy will help it deal with the crisis.
"The company expects to break ground on one of the Indian projects 'before the end of 2009'," CNN quoted ArcelorMittal's London-based head of investor relations Julien Onillon as saying last week. The two identical projects are to come up in the states of Jharkhand and Orissa and would add 24 MT annual steel production capacity.
How a violent - and spreading - Maoist insurgency threatens the country's runaway growth
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
Mumbai International Airport Ltd, the consortium of GVK and South African Airports, which won the project through an international tender, must question every planner, architect, designer, HR manager and traffic controller: Why isn't it working?
Tata Power, the country's largest private sector power company, plans to foray into the shipping and logistics business in order to facilitate coal procurement for its power plants.
The Orissa government has approved four projects in the steel and power sector involving investment worth Rs 7,225 crore.
There was a sharp fall in power output on Thursday from a plant in Gujarat that left India more than 9,000 megawatts short of peak demand, according to two officials at the state grid operator.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
An analyst who tracks investments for a Singapore-based foreign institutional investor, said, "The story doing the round in stock market circles is that companies that have been allocated coal blocks can make a lot of money by selling power at merchant rates."
Thanks to rupee depreciation, India has a chance to fundamentally rework its stifled manufacturing sector.
I think a reality check on big manufacturing/infrastructure projects is called for
As part of its strategy to woo the villagers, not only has Posco CMD started taking lessons in the local Oriya language besides strolling into more peaceful villages, the company plans to tie up with an NGO which was started by Manibhai Desai a follower of Gandhi.
'The Tata group will need for its new leader to show the same foresight and willingness to go against conventional wisdom at times to keep the group's aspirations high and uphold the values of innovation, ethics, corporate responsibility, trust and leadership that are frequently associated with the Tata name.'
''I am not going to force anyone to watch movies. If they want to, they can come and watch.' 'I want to give them the choice that everyone has in the rest of the country.'
With swelling currency reserves of $110 billion, Russia is keen to invest heavily in India's economic infrastructure and several agreements are expected to be signed during President Vladimir Putin's visit to the country next month, a top Russian off
'China has reclaimed, after two years, its mantle as the world's fastest-growing large economy.' 'This, when its working age population is shrinking, while ours is growing.' 'And talking of jobs, China expects to create 11 million urban jobs this year; for India, don't ask,' says T N Ninan.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
Sunil Munjal will pursue new business interests and lead Hero Corporate Services as its chairman.
Prabhu's maiden Railway budget is high on vision.
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