News for 'industry-development'

Noted economist Dr Isher Judge Ahluwalia passes away

Noted economist Dr Isher Judge Ahluwalia passes away

Rediff.com26 Sep 2020

Ahluwalia was married to former deputy chairperson of Planning Commission Montek Singh Ahluwalia and is survived by her husband and two sons.

Bommai: Re-Election Man Or Fall Guy?

Bommai: Re-Election Man Or Fall Guy?

Rediff.com4 Nov 2021

Where does Basavaraj Bommai stand three months after he assumed the reins of power in Karnataka?

Tamil Nadu seeks Rs 10 lakh cr investment with new industrial policy

Tamil Nadu seeks Rs 10 lakh cr investment with new industrial policy

Rediff.com16 Feb 2021

Tamil Nadu Chief Minister K Palaniswami on Tuesday launched new industrial and MSME policies aimed at providing further impetus to industrial growth by attracting more investments and also offering sops for development in the industrially backward districts.

RBI opens Rs 15,000 cr liquidity window for hotels, aviation, tourism

RBI opens Rs 15,000 cr liquidity window for hotels, aviation, tourism

Rediff.com4 Jun 2021

In a bid to support revival of sectors hit most by the Covid-19 pandemic, Reserve Bank of India on Friday decided to open a separate liquidity window of Rs 15,000 crore for certain contact-intensive sectors like hotels and restaurants, tourism and aviation ancillary services.

Changes in export policy can help India become $5 trillion economy

Changes in export policy can help India become $5 trillion economy

Rediff.com27 Aug 2020

Created over the past 12-15 months, Niti's new Export Preparedness Index flagged the major intra-and inter-regional disparities in export infrastructure, problems in trade support and lack of unique exports as the main challenges hampering export growth.

Demolish Supertech's 40-storey twin towers in Noida, orders SC

Demolish Supertech's 40-storey twin towers in Noida, orders SC

Rediff.com31 Aug 2021

Supertech Managing Director Mohit Arora said the company will file a review petition in the SC.

UP to woo investors in Asia and Europe for proposed Defence corridor

UP to woo investors in Asia and Europe for proposed Defence corridor

Rediff.com29 Aug 2019

The Uttar Pradesh Defence corridor is estimated to attract Rs 20,000 crore investment and create 250,000 jobs.

24 new ministers take oath in Gujarat, team Rupani out

24 new ministers take oath in Gujarat, team Rupani out

Rediff.com17 Sep 2021

Governor Acharya Devvrat administered the oath to 10 cabinet ministers and 14 ministers of state, including five ministers of state with independent charge.

Kerala moves SC against decision to lease airport to Adani

Kerala moves SC against decision to lease airport to Adani

Rediff.com24 Nov 2020

Seeking an interim stay of the high court's verdict, the plea filed through lawyer C K Sasi said that it has challenged the 'arbitrary and illegal action' of the Airports Authority of India in attempting to prefer a particular private concessionaire, Adani Enterprises Ltd, for the operation, management and development of Thiruvananthapuram International Airport.

Welfarism vs Industry: The challenge awaiting Vijayan

Welfarism vs Industry: The challenge awaiting Vijayan

Rediff.com11 May 2021

The LDF government -- which has negotiated a series of crises in the form of natural disasters to the Covid pandemic -- cannot turn a blind eye to the accumulated debt of the state that now exceeds Rs 3 trillion and the need for more jobs, investment and industry.

Govt seeks to infuse Rs 20,000 cr in public sector banks

Govt seeks to infuse Rs 20,000 cr in public sector banks

Rediff.com14 Sep 2020

This is part of the first batch of Supplementary Demands for Grants for 2020-21 moved by Finance Minister Nirmala Sitharaman in the Lok Sabha.

Uddhav meets Modi over Maratha quota, cyclone aid

Uddhav meets Modi over Maratha quota, cyclone aid

Rediff.com9 Jun 2021

Maharashtra Chief Minister Uddhav Thackeray met Prime Minister Narendra Modi on Tuesday and discussed issues related to the Maratha reservation, pending GST compensation and the proposed Metro car shed in Kanjur.

How Tamil Nadu has transformed to attract mega investment

How Tamil Nadu has transformed to attract mega investment

Rediff.com8 Mar 2021

A team of more than 60 people under Neeraj Mittal, an IAS officer, was instrumental in getting up the New Industrial Policy 2021 targeting investments of around Rs 10 trillion by 2025.

Judiciary, agencies like CBI, ED should act independently: HC

Judiciary, agencies like CBI, ED should act independently: HC

Rediff.com21 Jan 2021

The Bombay high court on Thursday said the judiciary and agencies like the Reserve Bank of India, the Central Bureau of Investigation and the Enforcement Directorate should act independently, and asked 'what heavens are going to fall' if an interim protection from coercive action is granted for a few days to Nationalist Congress Party leader Eknath Khadse in an alleged land grab case of 2016.

Govt likely to unveil new DFI framework in Budget

Govt likely to unveil new DFI framework in Budget

Rediff.com21 Jan 2021

Industry players believe the new DFI model will be initially risk capital, which will then be used to mobilise additional resources from development agencies such as World Bank.

Reliance to conclude Aramco deal this year: Ambani

Reliance to conclude Aramco deal this year: Ambani

Rediff.com24 Jun 2021

Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.

10 years later, Mamata discovers different Nandigram

10 years later, Mamata discovers different Nandigram

Rediff.com2 May 2021

She faced off against former disciple-turned-defector Suvendu Adhikari in a very different contest. It's not land acquisition, but an ego clash that has acquired, tragically, communal overtones, explains Kanika Datta.

COVID-19: India declines UN's integrated supply chain assistance

COVID-19: India declines UN's integrated supply chain assistance

Rediff.com28 Apr 2021

India has declined assistance offered by the United Nations of its integrated supply chain for COVID19-related material, saying the country has a "robust system" to deal with the required logistics, a spokesperson for UN Secretary General Antonio Guterres said.

L&T bags engineering contract for Navi Mumbai airport

L&T bags engineering contract for Navi Mumbai airport

Rediff.com1 Sep 2019

The deal size and project completion deadline were not disclosed in the announcement, but people in the know have pegged the deal at over Rs 6,000 crore, reports Aneesh Phadnis.

No detention centres in Maha, Muslims need not fear: Thackeray

No detention centres in Maha, Muslims need not fear: Thackeray

Rediff.com24 Dec 2019

Amid nationwide protests against the Citizenship (Amendment) Act, Maharashtra Chief Minister Uddhav Thackeray has said there are no detention centres in the state and Muslim citizens need not worry under his regime.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Panel bats for abolishing LTCG on start-up investments

Panel bats for abolishing LTCG on start-up investments

Rediff.com16 Sep 2020

A strong start-up ecosystem can propel investment, jobs, and demand creation, and for that, substantial growth capital is required.

Ikea's Rs 5,000 crore mega plan for Uttar Pradesh

Ikea's Rs 5,000 crore mega plan for Uttar Pradesh

Rediff.com14 Dec 2018

The company is likely to sign a MoU with the Yogi Adityanath government for opening retail stores in the important towns of the state.

Maharashtra mulls use of recycled water by industries

Maharashtra mulls use of recycled water by industries

Rediff.com25 Apr 2016

Many industrial units are facing huge water shortage

Ratan Tata hits back, says Bengal FM has a 'very fertile imagination'

Ratan Tata hits back, says Bengal FM has a 'very fertile imagination'

Rediff.com8 Aug 2014

Mr Mitra, show me where is industrial development in Bengal: Tata

Noida DM transferred for failing to curb coronavirus

Noida DM transferred for failing to curb coronavirus

Rediff.com30 Mar 2020

B N Singh has been removed for his failure in carrying out work to control the spread of coronavirus, he said, adding that he wrote a leave application and leaked it to the media, which amounts to indiscipline.

TMC or BJP, big-ticket projects still a pipedream for Bengal

TMC or BJP, big-ticket projects still a pipedream for Bengal

Rediff.com8 Feb 2021

In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.

How govt can boost infra funding in India

How govt can boost infra funding in India

Rediff.com4 Apr 2021

For development finance institution to succeed now, the government must stand like a rock behind it and be patient.

In 1st major reshuffle, Yogi moves out close aides of Akhilesh

In 1st major reshuffle, Yogi moves out close aides of Akhilesh

Rediff.com12 Apr 2017

The Yogi Adityanath government on Wednesday transferred 20 senior IAS officers, shunting out Principal Secretary-Information Navneet Sehgal and others who wielded considerable influence under the Akhilesh Yadav dispensation.

After UP and MP, Gujarat exempts firms from labour laws

After UP and MP, Gujarat exempts firms from labour laws

Rediff.com9 May 2020

Except for laws pertaining to the payment of minimum wages, following safety norms and adequate compensation for workers in case of industrial accidents, no other provisions of the labour law would apply to all new companies that wish to operate in the state for at least 1,200 days, and for those that have already been operational for that period.

How Yogi plans to develop Gorakhpur as regional air travel hub

How Yogi plans to develop Gorakhpur as regional air travel hub

Rediff.com7 Sep 2018

Although Gorakhpur is the largest urban centre and trading hub in Eastern UP, catering not only to the neighbouring district but also the adjoining Bihar and Nepal, it had been lacking in proper infrastructure of road and air connectivity, impeding the harnessing of its socioeconomic potential.

'Mamata is a very good actor'

'Mamata is a very good actor'

Rediff.com26 May 2021

'Mamata has used minorities only as her vote bank.' 'In her entire election campaign Mamata did not utter a single sentence against the RSS.'

No one can fill Ahmed Patel's void in Congress

No one can fill Ahmed Patel's void in Congress

Rediff.com26 Nov 2020

Patel's closeness to the Gandhi family was undeniable. But unlike others, he resisted the temptation to use it to leverage personal business, says Aditi Phadnis.

UP plans subsidy for Patanjali's Rs 6,000 cr food park

UP plans subsidy for Patanjali's Rs 6,000 cr food park

Rediff.com23 Jan 2020

The land transfer or subleasing would allow the Patanjali Group to set up the food processing facility and entitle it to other incentives under the central policy guidelines.

CBI case may be GVK chief's biggest test yet

CBI case may be GVK chief's biggest test yet

Rediff.com10 Jul 2020

Real estate development on Mumbai airport land and the work on Navi Mumbai airport have been inordinately delayed, which have prompted rating downgrades and raised questions on its financial capabilities. It is also trying to stave off Adani group's entry as a shareholder in the Mumbai airport project.

MSMEs need help again but not the way govt did last time

MSMEs need help again but not the way govt did last time

Rediff.com10 May 2021

While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.

RBI's priority lending norms may not mean quick relief for start-ups

RBI's priority lending norms may not mean quick relief for start-ups

Rediff.com14 Sep 2020

Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.

Huawei can now participate in 5G trials in India

Huawei can now participate in 5G trials in India

Rediff.com31 Dec 2019

Huawei came under a cloud after allegations that the firm's electronic and telecom devices helped China spy on US corporations and agencies.

Will continue to pursue legal remedies: Mallya

Will continue to pursue legal remedies: Mallya

Rediff.com21 Apr 2020

Embattled liquor baron Vijay Mallya, who lost his UK high court appeal against an extradition order to India, has said that he is "disappointed" with the ruling but will continue to seek legal remedies as advised by his legal team. The 64-year-old former Kingfisher Airlines boss reiterated that he has repeatedly offered to pay the Indian banks the loan amount owed by his now-defunct airline, an offer which the banks have rejected.

'Jackfruit flour may control diabetes'

'Jackfruit flour may control diabetes'

Rediff.com28 Oct 2020

'The group having rice flour and wheat flour showed an increase in glycosylated haemoglobin (HbA1c), and the group that took the jackfruit flour had a significant decrease in HbA1c.' 'Our results showed a decrease in fasting blood glucose (FBG) and postprandial glucose (PPG) after the green jackfruit flour meal.'