China has pipped Japan to become the second largest industrial manufacturer in the world, says a United Nations Industrial Development Organization report.
The Hindutva poster boy has lost his sheen following the BJP's poll reverses in Hindi heartland states and his style of governance, reports Virendra Singh Rawat.
Gujarat, the state which pioneered the concept of the Special Investment Region, will establish 12 new industrial hubs in the next 5-6 years and expects the private sector to play a leading role in facilitating the process.
Arcil acquires non-performing loans from banks and financial institutions along with the underlying securities mortgaged or hypothecated by borrowers to the lenders.
Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds
Offers 12.60% in revenue share to Cidco, while only other bidder GMR offered 10.44%.
The BJP also defended the order saying the primary duty of police of any place is to maintain communal harmony so that there is no law and order issue.
The plan is to have five brand new cities, which are bigger than Navi Mumbai, in the next five years.
West Bengal Pradesh Congress Committee President Adhir Ranjan Chowdhury on Saturday criticised the statements of West Bengal ministers against Ratan Tata, and said Tata's views and opinions about the development of the state would always be welcomed by the people of Bengal.
The mandate will help further the development agenda in these states, with good governance and policy reforms taking centrestage
India's ranking in the Competitive Industrial Performance (CIP) index of the United Nations Industrial Development Organisation (Unido) has slipped by three notches, even as the country's rapid export growth made South Asia the fastest growing region in exports of manufactured goods.
Will the IAF pay $2.4 billion to refit 80 Jaguars with powerful Honeywell engines?
The government is finalising appointment of at least nine public sector bank chiefs and a dozen executive directors who would replace them or fill existing vacancies.
Nitish Kumar says awarding the special category status to Bihar would result in benefits such as reduced excise and income-tax and this should attract industrial houses to set up their ventures in the state.
Punjab & Sind Bank plans to offer 5% each to top institutions
PSB may get its first non-Sikh at the helm, vigilance clearances are awaited.
The President noted that the green shoots of recovery were already visible, with the economy growing at 5.7 per cent during the first quarter of current fiscal.
Commerce and industry minister Nirupam Sen and land and land reforms minister Abdur Rezzak Mollah say the figures are yet to be collated. West Bengal Industrial Development Corporation sources said land losers would only be known once the projects are awarded.
Says Bhushan-Essel combine, the highest bidder, has withdrawn but latter denies having done so.
A 1988 batch Indian Administrative Service of Gujarat cadre, Arvind Sharma is set to be Prime Minister-designate Narendra Modi's personal secretary. Sharma was additional principal secretary to the Modi when he was chief minister of Gujarat, and has been with him since 2001.
The PM observed the history of India's struggle for independence was very long, very vast and filled with countless sacrifices.
On Thursday, Prime Minister Manmohan Singh exuded confidence that the economy can get back to 9 per cent growth by the end of 11th Five-Year Plan (2007-2012) and do even better thereafter.
The decision was reached after political consensus; sellers offered land-for-land deal.
Less than five months after Tata Motors relocated its Nano project from West Bengal to Gujarat over land issues, another Tata group company, Tata Metaliks, is reviewing its expansion project in the state on similar grounds.
Meet India's key ministers who have promised to revive the economy and improve the infrastructure of the country.
Kerala State Industrial Development Corporation, which is the designated agency for the formation of the bank, will have 11 per cent stake in the proposed banking company.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
In yet another secretary-level change, government appointed Hasmukh Adhia, a 1981 Gujarat cadre IAS officer, as the new Financial Services Secretary replacing G S Sandhu.
The government and Reserve Bank of India are working on opening a massive Rs 75,000 crore refinance window to provide concessional funds for infrastructure, housing and small and medium enterprises by partly leveraging the country's foreign exchange reserves.
The global economic crisis could lead to a new "green industrial revolution," but developing countries will need strong support to ensure they do not miss the opportunity, the United Nations Industrial Development Organistion (UNIDO) said on Friday.
The West Bengal government has handed over the first tranche of 533 acres to Bengal Aerotropolis Projects Ltd (BAPL) for setting up a new airport city project. This is to come up in the Durgapur-Asansol region, of Bardhaman district, at an estimated investment of Rs 10,000 crore (Rs 100 billion).
After deciding to withdraw the Nano project from Singur in West Bengal in October last year, Tata Motors has sought 10 months time from West Bengal Industrial Development Corporation to remove the equipment.
Many of the Kannada films released last year have had a poor response at the box office. This, coupled with the fact that the global financial crisis has left its impact on the Kannada film industry as well, has seen distributors lose interest. As a result, many films -- including those financed by the IDBI -- are still awaiting release.
Grasim Industries Ltd said Industrial Development Bank of India withdrew its nominee V Venkateswarlu from the companys board.
After supplying Micro Electrical Mechanical System-based (MEMS-based) Inertial Navigation System to the Navy and the Airforce, Whirlybird Electronics, the co-incubated company of Indian Institute Management, Ahmedabad (IIM-A), is looking for markets in the automation and automobile industry.
Union Finance Minister P Chidambaram will meet the heads of public sectors banks and financial institutions, like IFCI and Small Industries Development Bank of India (Sidbi) on Tuesday to review their performance for the second quarter ended September 2008.
Uttar Pradesh chief secretary Prashant Kumar Misra resigned on Friday. His resignation was accepted within minutes of its submission, following which Mayawati appointed Atul Gupta.
About the problems faced by manufacturing industry in the UK, Lord Paul, who recently scripted history by becoming the first Asian deputy speaker of the House of Lords, expressed hope that the Banking Bill would end the uncertainty surrounding lending terms and conditions.
A vendor said that Tata Motors had sent a mail that a meeting with the West Bengal commerce and industry secretary was scheduled for Thursday. Industry Secretary Sabyasachi Sen was not available for comment. However, WBIDC's public relations agency said that Sen had not sent any mail to vendors.
Unable to pay for the largest ever land deal in India, valued at Rs 5,006 crore, realty player BPTP Ltd has applied for surrendering it to the New Okhla Industrial Development Authority. "Following the UP government policy announcement, BPTP has made an application to the Noida authority for (the) surrender of (the) plot and is awaiting NOIDA's decision," BPTP Ltd Director Sudhanshu Tripathi said in a statement in New Delhi.
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