Reliance Communications has received approvals from Maharashtra and MIDC for its proposed 45-acre special economic zone.
The environment ministry has objected to the fact that around 115 hectares (or 7.3 per cent) of total land for the project is mangrove forest. It recently conveyed this to both Cidco and the civil aviation ministry. The matter is now with the prime minister's office. Cidco Vice-Chairman and Managing Director GS Gill said the corporation had sought an appointment with the environment ministry officials to make another presentation on the project in the next 10 days.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
The Rajasthan State Industrial Development & Investment Corporation (RIICO) is going all out to woo textile firms to set up shop at its proposed garment zone in Bhilwara.
Kolkata-based Webel Mediatronics Ltd - a subsidiary of West Bengal Electronic Industry Development Corporation Limited, is planning to start manufacturing and designing motorised wheelchair and digital hearing aid
The first Global Agro-Industries Forum will be organised in New Delhi from 8 to 11 April 2008.
President Pranab Mukherjee will address a joint sitting of Parliament on Monday, laying the roadmap of the new government headed by Narendra Modi.
Industrial Development Bank of India chairman M Damodaran has resigned from the board following his appointment as the Securities and Exchange Board of India chief.
The government-controlled City and Industrial Development Corporation (Cidco) has kicked off the tendering process for the over Rs 14,500 crore (Rs 145 billion) international airport project in neighbouring Navi Mumbai.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
The BJP, however, retorted saying the Sena should stop interfering in its internal affairs and that the party leadership was capable of taking a call on the issue.
The process of acquiring land for Mumbai's second international airport, to be build in Navi Mumbai, has kickstarted. The phase wise development plan too has been rolled out.
The Chinese, in turn, will reciprocate by procuring more iron ore from India and also set up steel plants in India in the near future.
'When a new superhero film releases, China creates figurines based on the film and puts them out in the market along with the film's release.' 'Does our domestic manufacturing sector been able to do it so quickly? No.' 'We have a large millennial population and we have to make products that are more in line with the tastes of those people.' 'The MSME sector can win back its customers only this way.' 'When they change with the consumers's needs, there will be a move towards Indian products.'
HPL management's control will go to the promoter who gets access to the 155 million shares block.
West Bengal, which has seen many violent protests against land acquisition in the country, is now set to get another exemplary rehabilitation package for land-losers. After the free shares by JSW Bengal Steel, now Bhushan Steel is going one step ahead to give free land to land-losers as a part of its rehabilitation and resettlement (R&R) package. Sources said the R&R package has been submitted to the West Bengal Industrial Development Corporation (WBIDC).
The Videocon group, which signed a memorandum of agreement (MoA) with the West Bengal government for a Rs 15,000 crore (Rs 150 billion) steel and power project last month, has directly negotiated with land losers near Asansol for 2,000 acres.
Amid controversy over the setting up of China-style special economic zones, India on Thursday said the government recognised SEZs as 'an useful tool' in furthering industrialisation but will implement the concept in its 'own way'.
Between now and the general elections (likely in May 2019) there are 12 assembly polls, which analysts say, in a way will also be interpreted as a referendum on the Modi-led government's key reforms
Ind-Swift Ltd completed buyback of 25,56,600 shares constituting 23.14% stake held by Punjab State Industrial Development Corporation in its sister company Ind-Swift Laboratories Ltd for Rs 82 million.
Will be operational by the time Mumbai airport reaches its saturation capacity of 40 million.
The small and medium enterprises may soon have a credit card in their names. The Lucknow-based Small Industry Development Bank of India is mulling over the idea of having an SME credit card.
The Mumbai-based public sector bank had declared on March 26 about its intention to cut PLR by 50 bps, from 13.25 per cent to 12.75 per cent from April 1. The revised date for implementing revision in key lending rate would be decided later, Agarwal said, adding the bank would monitor the market trend and the steps that the government took to arrest the spiralling prices.
Several companies, including Tata Motors and Bajaj Auto, which are setting up units in Uttarakhand, want to buy more land amid reports that plots comprising an area of 300 acres are still lying vacant in the key industrial estates of Haridwar.
The 89-year-old leader was expelled by the CPI-M after he refused to step down from his position as Speaker holding that the post is above any party politics.
The Tamil Nadu government on Monday entered into a joint venture with Hyderabad-based GMR Infrastructure Ltd to set up a multi-product Special Economic Zone in the state's Krishnagiri district at a cost of Rs 2,300 crore (Rs 23 billion).
Maharashtra government on Monday offered to provide 22.5 per cent of the developed land to those whose lands would be acquired for the Navi Mumbai International Airport project.
Andhra Pradesh is to house the country's first Special Economic Zone (SEZ) for Small and Medium Enterprises (SMEs). The first phase of the project, meant to house about 60 SME pharmaceutical manufacturing units in 200 acres of land is to be ready by mid-2008.
The Tamil Nadu government on Friday signed a memorandum of understanding (MoU) with Hyderabad-based GVK Group to set up a Rs 1,500-crore (Rs 15 billion) multi-products special economic zone in 3,000 acres in Perambalur district.
With huge liquidity in the money market, partly contributed by capital flows, the interest rates are expected to soften in the short term, according to Industrial Development Bank of India chairman V P Shetty.
Finance Minister P Chidambaram on Wednesday ruled out stocks or shares as a form of recompense to those who might have lost their land while making way for industrial development.
Roots Corporation Ltd, a 100-per cent subsidiary of the Tata Group-controlled Indian Hotels Company Ltd, will open its 'SmartBasics' hotel -- 'Ginger' at Nashik in the next couple of weeks.
Nehru's faith in science and technology, his genuine respect for Bhabha, and their burning ambition worked synergistically to place India on the nuclear map of the world. Atomic energy developed and prospered because of Nehru's vision fulfilled by Bhabha's mission, recalls K S Parthasarathy, former secretary of the Atomic Energy Regulatory Board, on the occasion of India's first prime minister's 119th birthday today.
It would operate round the clock and seven days a week, said the Chief Minister, adding 'you can reach us on a telephone call, within a short time'.
Nuziveedu Seeds Ltd has signed a memorandum of understanding with the Tamil Nadu Industrial Development Corporation to establish an IT/ITeS special economic zone at Shollinganallur, on Chennai's IT corridor, at an investment of Rs 1,500 crore.
Lenders have thrown their hat into the Haldia Petrochemicals Limited case with Industrial Development Bank of India moving the Calcutta high court against the Company Law Board order on share transfer to the TCG firm.
Chairman Emeritus of Tata Sons Ratan Tata said shifting the Nano car plant from Singur in West Bengal was a prudent move in hindsight but gave the group a high negative cost.
In an important step towards setting up of Tata Motors' small car project at Singur, the West Bengal government signed the land lease agreement with the auto major on Friday.
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