Says Bhushan-Essel combine, the highest bidder, has withdrawn but latter denies having done so.
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.
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.
Rahul is going about the restructuring of the Congress leadership in a gradual, deliberate fashion: No sudden jerks, no abrupt moves. So while seniors like Janardan Dwivedi were edged out, Ahmed Patel has been retained.
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.
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.
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.
Amarinder Singh dubbed Kejriwal's proposed visit to Chandigarh as another example of the Delhi CM allegedly leaving the national capital in the midst of a crisis and travelling to other places when his presence was needed the most at home.
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.
Companies are drawn to the parks by the infrastructure and ready-to-occupy land.
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.
As Venezuelans continue to flee the starvation, crime and the horrific inflation that continues to mark the worst crisis it has ever faced, Radha Biswas looks back at a devastated country she continues to love deeply.
The IT and IT-enabled services companies will be provided space in the proposed SEZ. The proposal awaits final approval from the Board of Approval. SIDCUL has been appointed the nodal agency for the proposed IT SEZ which would invite Expression of Interests from top reputed companies. The sources said top IT multinational companies like Infosys could be invited for the development of the IT SEZ, which is being set up over 14.2 hectares.
The civil aviation ministry and Maharashtra have been planning an international airport near Pune for almost 10 years. The airport site would see construction from year 2011 onwards, if the land acquisition happens within a year.
Five months after Tata Motors shifted its Nano plant to Gujarat, another Tata company has decided to move a project out of West Bengal. Tata Metaliks has scrapped its 500,000-tonne billet project, proposed to be built with an investment of Rs 700-800 crore
The high court had ordered demolition of Supertech's two under-construction towers in the real estate firm's Emerald Court project.
Says UP misunderstood and underplayed
Leading vendors of the Tata Motors' Nano project intend to set the ball rolling to return their land in the ancillary park area at Singur and said they aim to begin talks with the West Bengal Industrial Development Corporation on the issue immediately.
The CIDCO has received the inception report from its consultant Louis Burger and are expecting the DPR from them within next four to five months and after that, we will be inviting global bids, said senior official from CIDCO. The cabinet approval allows CIDCO to call global bids for this Rs 10,000-crore (Rs 100 billion) project once they receive detailed project report.
The decision to delete rules governing locations under the Industries (Development and Regulation) Act 1951 was taken at a meeting of the Union Cabinet. Earlier, the industries other than non-polluting electronics, computer software and printing were not allowed to be located within 25 km from the periphery of cities above population of one million.
Scientists at the University of California, Davis, have discovered that hydrogen peroxide or similar oxidants are what actually cause healthy lung cells to become cancerous. The researchers say that this finding is important because it may help the tobacco industry develop 'safer' cigarettes by eliminating such substances in the smoke, and give medical researchers a new avenue to developing lung cancer treatments.
Notwithstanding persistent claims by the multinational chemical company that it has no plans to convert the R&D center into a manufacturing unit across the 100 acres of land it has acquired through Maharashtra Industrial Development Corporation at village Shinde, the protest by locals and activists continues.
"With an aim to meet the market demand, the company is setting up a steel wire manufacturing facility at Sinnar, 30 kms from Nashik. The company has already acquired 44.65 acre of plot from MIDC at Sinnar and will shortly commence construction there. The proposed facility will cover a built-up area of 15,000 sq mts and company's investment in this project will be around Rs 300 crore (Rs 3 billion)," the company sources said.
Climate change will make monsoons unpredictable; as a result, rain-fed wheat cultivation in South Asia will suffer in a big way and the total cereal production will go down.
The new rate will be effective from December 8. The primary liquidity made available to the system through these measures is worth over Rs 3,00,000 crore (Rs 3,000 billion), RBI Governor D Subbarao said in Mumbai.
'Man-made interventions vastly increased the magnitude of the tragedy.'
Webel's digital tool enables people with cerebral palsy to communicate.
The consultants who have been shortlisted include Scott & Wilson from England, Maun Senn from Singapore, Louis Burger from the US and another US-based company Mott McDonald.
Mitra's stout and vociferous protest to what most see as Tata's meandering and even affectionate critique has taken people by surprise.
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