The government has decided to modernise 15 of the 53 mills under the National Textiles Corporation at the cost of Rs 318.83 crore (Rs 3.18 billion).
The auction by National Textile Corporation for the 4.8 acre Kohinoor Mill No 3 land in Dadar area has been won by city-based Kohinoor CTN for Rs 421 crore.
National Textiles Corporation's bonds issue to mop up around Rs 500 crore (5 billion) will hit the market next week.
The case pertains to the sale of NTC land in upmarket Worli area of Mumbai to a private Kolkata-based firm for a meagre Rs 29.35 crore when Vaghela was the minister for textiles
The much-delayed insurance bill and the goods and services tax bill are among the 39 bills that are expected to come up during the month-long Winter Session of Parliament beginning next week.
The textiles sector is India's largest organised employer and critical for the prime minister's dream of creating jobs
'We got so many calls after the attack.' 'Loved ones told us forget all this, nothing was more valuable than our lives.' 'But we said, 'No, this wasn't the way forward -- the people, society, the country needs us at this time.'
Prime Minister Narendra Modi on Sunday laid the foundation stone of a grand memorial to Babasaheb Ambedkar at the Indu Mills compound in the heart of Mumbai, a function boycotted by Shiv Sena after its chief Uddhav Thackeray was not invited.
In all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying vacant, according to a written reply by Minister of State for Heavy Industries and Public Enterprises P Radhakrishnan in the Lok Sabha.
Talking to media persons after taking charge of the new portfolio, she side-stepped questions about Bharatiya Janata Party president Amit Shah being behind her shift saying it is not individuals but the party who takes such decisions.
Unfazed by the stalemate over the Sadhvi Niranjan Jyoti issue, government has lined up a heavy legislative agenda in Parliament this week including a bill seeking to replace coal blocks allocation ordinance.
The textile industry is the second-largest employer in the country, employing about 32 million, and the government is banking on it to absorb millions of youth.
A look into the challenges of selling loss-making public units.
Strategic sales are tricky and were last undertaken when the Vajpayee government was in power.
Even as Congress has announced plans to hold year-long celebrations to commemorate the 125th birth anniversary of BR Ambedkar, Prime Minister Narendra Modi is expected to lay the foundation stone for the 'Ambedkar International Centre' in New Delhi, the legacy of the Dalit icon becoming the focus of a contest between the rival parties
During campaigning, P Chidambaram has been addressing villagers, explaining his efforts to improve life in the constituency and blaming the state government for not supporting him. He has also been introducing his son in the 10 villages across 250 km.
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