L&T has denied the charge and said the delay was entirely due to a dispute between Cidco and the railways.
And learn what not to do from the so far jinxed Navi Mumbai International Airport.
The parliamentary standing committee on finance on Thursday approved the repeal of IDBI Act, paving the way for conversion of Industrial Development Bank of India into a bank.
Accompanied by West Bengal Industrial Development Corporation managing director Subrata Gupta and local Trinamool MLA and school education minister Rabindranath Bhattacharjee, Bengal industry minister inspected the entire site and held a meeting with WBIDC officials at a camp office located within the premises.
A major fire broke out at Akruti Trade Centre, a commercial complex housing a number of corporate offices in the Maharashtra Industrial Development Corporation (MIDC) area in suburban Andheri late on Friday evening.
Days after the Parliament repealed the IDBI Act, Industrial Development Bank of India is believed to have decided to remain a "stand-alone" entity initially and a merger with a big PSU bank may be considered later.
Sahberi village ruling to hit sentiment in Noida Extension, where projects worth Rs 40,000 crore are being executed.
Uttar Pradesh is getting the cyber savvy to attract investment in the state with an advanced single-window online clearance system, 'Nivesh Mitra'. Interestingly, the suite will also be integrated and linked with social networking sites viz. Facebook, Twitter & LinkedIn given their popularity, reach and impact.
The Greater Noida Industrial Development Authority is planning to move the Supreme Court against the Allahabad High Court order setting aside acquisition of land in Gautam Buddh Nagar district. The authority has already held talks with farmers to resolve the land dispute in Shahberi village in the district which saw violent clashes between farmers and the police, killing four people.
Software major TCS will sign an MoU with Kerala government on Saturday for setting up of a Rs 1,000 crore Global Training Academy in Thiruvananthapuram.
In a major embarrassment to Mayawati government in Uttar Pradesh, the Allahabad High Court on Thursday set aside notifications issued for acquisition of more than 100 hectares of land in Gautam Buddh Nagar district for "planned industrial development" in Greater Noida.
If all goes well, Ford India will park its second manufacturing unit right next to Tata Motors' Nano factory at Sanand.
Mitra said that Tata group firm TCS was creating additional 20,000 jobs.
There was uncertainty after the courts annulled land acquisition in a couple of these villages.
According to a source, banks have decided to infuse funds after Purnendu Chatterjee, chairman of The Chatterjee Group, agreed to invest Rs 100 crore (Rs 1 billion) as margin amount into the ailing plant.
There are allegations that MFIs are charging exorbitant interest rates and using strong-arm tactics to recover the loans.
Making a submission in the court of Justice Saumitra Pal, Tata counsel Samaraditya Pal said that 997.11 acre leased to Tatas (lessee) by West Bengal Industrial Development Corporation (lessor) was not kept idle from the time of execution of the lease deed to the exit from the site by the company.
The state-run Maharashtra Industrial Development Corporation (MIDC) recently handed over the land. The company was exploring investment opportunities in various states and finally selected a site at the Shendre industrial estate near Aurangabad.
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.
The court also imposed Rs 10 lakh (Rs 1 million) as cost on the Greater Noida Industrial Development Authority and directed it to hand over the land to the villagers and farmers.
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.
Kerala floods take a toll on small businesses, NBFCs brace for losses
It took 13 years to get environmental clearance for the greenfield international airport at Navi Mumbai.
The Environment and Civil Aviation ministries had been at loggerheads over the airport project.
Cidco gave a presentation on the subject to the EAC members.
Stung by the controversy over the sudden sacking of the Managing Director at India's largest microfinance institution, SKS Microfinance, lenders have decided to raise corporate governance issues at board meetings of other MFIs.
According to the lease agreement between Tata Motors and the West Bengal Industrial Development Corporation, the lessor will have the option to terminate the lease if the land has not been used for three years or more, which will kick-in from October 2011. Tata Motors had pulled out of the Nano project in October 2008.
The rail link is considered necessary as it will help decongest the growing traffic once the proposed airport comes up in Navi Mumbai.
Actual construction on the Navi Mumbai international airport, which received the much-awaited environment clearances early this week, would begin in October next year as certain formalities remained to be done, said the City and Industrial Development Corporation (Cidco), a nodal agency for the project.
The President may not have agreed with the government on many occasions. Not once was this ever made public -- though he told off ministers in private.
The ideal employee will be the one who can learn to adapt to the changes in a short span of time and apply their technical skills and problem-solving ability to come up with creative solutions, says Anoop P Kudva.
US needs blue print like China to bring back jobs: Indra Nooyi
In a bid to create an ecosystem of both large and small companies in the chemical and engineering industries, Gujarat Industrial Development Corporation (GIDC) is developing specific zones for small and medium enterprises in these two sectors.
RBI has invited case studies from participant banks by January 31.
After months of uncertainty, there is finally a glimmer of hope for the proposed Navi Mumbai airport. Environment & Forests Minister Jairam Ramesh told a TV channel today that he had already spoken to his counterpart in the aviation ministry, Praful Patel, and hoped "to find a compromise soon". "There will be an agreement. Our team is going to Navi Mumbai," Ramesh said.
This is the question that comes again and again in the mind of every Mumbaiker regarding the Navi Mumbai airport. Though the proposal has been going back and forth to the Union Environment Ministry many-a-times, the ministry is yet to give a green signal to the project citing environmental concerns.
EAC told Cidco during a meeting that it would visit the site in the third week of October before finalising its report. Cidco had clarified its stand on 61 points relating to the proposed airport and reiterated that there was no alternative site.
Micro and small enterprises play a crucial role in furthering the objective of equitable and inclusive growth.
There are four nodes and each of these, like Dronagiri, is also formally termed an SEZ, all part of the NMSEZ.
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