User: subbu Topic: Land Issues
Category: SEZ
Last updated: Jun 21 2017 21:55 IST RSS 2.0
 
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Reliance Defence forms JV with Thales for IAF's Rafale jet production 21.6.2017 All Companies Stories
French defence firm Thales, supplier of radar and electronic warfare, display systems, software, communication solution to Rafale jet fighters set up a joint venture with Anil Ambani's Reliance Defence Ltd to integrate India-specific capabilities for 36 Rafale jet fighters and maintain radars and manufacture high performance airborne electronicsThe Indian government signed a contract to purchase 36 Rafale fighter jets in fly-away condition for Indian Air Force in last September for $8.8 billion. The JV will also serve to leverage Dassault's offset commitment as part of the deal for the supply of 36 Rafale fighter aircraft to IAF. The Rafale deal with French aerospace major Dassault had an agreement of 50 per cent offset clause which means that Indian companies, will get businesses of around 74 percent in goods and supply. The company in which Reliance Defence will hold 51 percent stake will develop the technology at their facility at Mihan Special Economic Zone near Nagpur.Anil ...
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Reliance Defence, France's Thales to form JV for military hardware 21.6.2017 News
Reliance Defence will hold 51% stake in the JV, Thales will have the remaining 49% equity
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Chinese firms inks deal with Adani, to invest $300 million in Gujarat 20.6.2017 ET: Power
An estimated investment of more than $300 million is expected to be made by East Hope Group in India, as part of the proposed cooperation between the two conglomerates.
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Chinese firms inks deal with Adani Group, to invest $300 mn in Gujarat 20.6.2017 Business Standard: Companies & Industry
East Hope Group, a 70 billion yuan company, is one of the largest corporate houses in China
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Chinese firms inks deal with Adani, to invest $300 mn in Gujarat 20.6.2017 All News-IANS Stories
India's Adani Group inked a deal with East Hope Group, one of China's largest companies, which will invest over $300 million to set up a manufacturing unit for solar power generation equipment in Gujarat.
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Lockheed, Tata ink pact to make F-16s 20.6.2017 TOI: All Headlines
Lockheed, Tata ink pact to make F-16s
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Top Chinese firm signs MoU with Adani group to invest $300 million 20.6.2017 ET: Engineering
The MoU proposes to set up manufacturing units in Mundra SEZ in Gujarat to produce solar power generation equipment, chemicals, aluminium and animal feed.
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Animal farms that fuel illegal trade 19.6.2017 Deccan Herald - Supplements
The tiger paced back and forth in its cage, groaning mournfully. A second big cat slept soundly in the corner, while a third stared blankly at the bars. Next to this cage was another containing three more tigers, and after that three more cages: a line of small pens, each holding at least one cat. The tigers were property of the Kings Romans Group, which operates a casino here, along with hotels, a shooting range, a cockfighting and bullfighting ring, a Chinatown-themed shopping centre, and this zoo. Ten years ago, the Hong Kong-based company signed a lease with the Laotian government to develop this 12-square-mile plot in northwestern Bokeo province, just across the Mekong River from Thailand. It's called the Golden Triangle Special Economic Zone. Conservationists maintain that this zoo is actually a farm raising animals for slaughter, and that it plays a significant role in perpetuating the illegal wildlife trade, swapping tigers with similar operations in Thailand and illegally butchering animals for ...
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Zydus Cadila gets USFDA nod for migraine drug 19.6.2017 All News-IANS Stories
Pharma major Zydus Cadila on Monday said it has received the final approval from the US Food and Drug Administration (FDA) to sell Eletriptan Hydrobromide tablets, used in the treatment of migraine.
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Adani-owned Dhamra port to start container operations in three months 19.6.2017 All Companies Stories
Dhamra Port Company Ltd (DPCL), a fully owned subsidiary of Adani Ports & Special Economic Zone (APSEZ), is gearing up to start container business operations in the next two to three months."We intend to start container operations at the port in the next two to three months. Initially, the container operations will take off in a small way. The larger plan is to build a full-fledged container terminal", said a source at DPCL.Dhamra port's move to start container operations will see it competing with the two major ports on the eastern coast- Kolkata and Paradip. The Paradip port lacks facilities for container operations yet but is actively pursuing its plans to set up a container terminal estimated to cost about Rs 500 crore. A container berth is expected to be commissioned shortly Apart from containers, it would also handle clean cargo like break bulk steel and fertilisers.PPT has already inked a concession agreement in March last year with Paradip International Cargo Terminal ..
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Zydus Cadila gets USFDA nod to market migraine drug 19.6.2017 ET: Pharma
Zydus Cadila has received the final approval from the USFDA to market Eletriptan Hydrobromide tablets, 20 mg (base) and 40 mg (base).
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Fitch rates Adani Ports' proposed USD notes as BBB-(EXP) 19.6.2017 News
APSEZ owns and operates 10 ports across the Indian coastline
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Rating agency Moody's revises Adani Ports outlook to stable from negative 19.6.2017 News
Global ratings agency Moody's Investors Service revised up its outlook on Adani Ports and SEZ (APSEZ) to stable from negative today on stabilisation in operative performance and dip in leverage. The action by Moody's comes four days after a similar call by Standard and Poor's. Moody's has affirmed the issuer and senior unsecured ratings at Baa3 for the company. "The change in APSEZ's ratings outlook to stable reflects the stabilisation in the company's operating performance and a decline in its financial leverage," Moody's vice president Abhishek Tyagi said. The negative outlook was driven by weakened operating performance and financial metrics, he said, adding APSEZ has taken a slew of initiatives to improve on the same. Just like the commentary from S&P, related party loans also found a mention in the Moody's statement today with the agency saying there has been a "material reduction" in lending which was "clouding" the credit profile previously. Fitch Ratings, which also .
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Cadila Healthcare gets healthier after USFDA nod for migraine drug 19.6.2017 Top Stories
Cadila Healthcare rose 1.78% to Rs 534.75 at 12:00 IST on BSE after the company received the final approval from the US drug regulator to market Eletriptan Hydrobromide Tablets, 20 mg (base) and 40 mg (base).
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BRIEF-India's Adani Port & SEZ considers issue of foreign currency denominated bonds 19.6.2017 Sify Finance
June 19 (Reuters) - Adani Port & Special Economic Zone Ltd
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Adani Ports, Motherson Sumi, J&K Bank, VA Tech Wabag hit 52-week high 19.6.2017 Business Standard: News Now
24 stocks from the S&P BSE 500 index hit their respective 52-week highs on BSE.
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BRIEF-Cadila Healthcare says Zydus gets final USFDA approval for drug to treat migraine 19.6.2017 Sify Finance
June 19 (Reuters) - Cadila Healthcare Ltd
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IT tower project at VSEZ in Duvvada falls flat 19.6.2017 Hindu: Home
Centre unlikely to release ₹40 crore which lapsed
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‘I kick-started ₹1 lakh crore of stalled projects’ 18.6.2017 Hindu: Business
We are spending public money and we have to generate returns for stakeholders. This was the biggest challenge’
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China eases foreign investment restrictions in free-trade zones 17.6.2017 All News-IANS Stories
China has updated its rules on foreign investment in its free-trade zones (FTZ), cutting 27 restrictions across eight sectors to boost the inflow of foreign capital, officials said on Saturday.
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