User: subbu Topic: Land Issues
Category: SEZs by State :: Maharashtra
Last updated: Dec 11 2017 08:49 IST RSS 2.0
 
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A Chinese idea that stripped India of growth 11.12.2017 DNA: Bangalore
A Chinese idea that stripped India of growth
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24 cos, Rs 60k-cr investment & 150,000 jobs: Gadkari reveals mega port plan 9.12.2017 Business Standard: Economy & Policy
JNPT is investing Rs 4,000 crore in the SEZ which is supposed to be spread over 277 hectares
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These are India's most expensive IT corridors 20.11.2017 Sify Finance
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Top 4 affordable housing cities in India 1.11.2017 Hindu: Home
The most vibrant segment of the residential real market right now, affordable housing, is expected to be the next growth driver of Indian realty.More and more developers are expanding their portfolio ...
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Foxconn inks land deal to set up plant at JNPT 31.10.2017 Hindu: News
Mumbai: Chief Minister Devendra Fadnavis on Monday confirmed that Foxconn Technology Group, which manufactures iPhones for Apple Inc., had inked a land deal at Jawaharlal Nehru Port Trust’s (JNPT) spe...
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Foundation stone of Rs 6,500 cr Dassault-Reliance aerospace facility laid in Nagpur SEZ 27.10.2017 All News-IANS Stories
Dassault Aviation, France Chairman Eric Trappier and Reliance Group Chairman Anil Ambani on Friday laid the foundation stone for the Rs 6,500 crore-Dassault Reliance Aerospace Limited (DRAL) manufacturing facility here that will manufacture components of the offset obligation linked to the purchase of 36 Rafale jets from France.
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French Armed Forces Minister to visit India 26.10.2017 New Kerala: India News
New Delhi , October 26 : In an endeavour to strengthen France's fast developing defence cooperation with India, French Minister for the Armed Forces, Florence Parly, will undertake a two-day visit to India, beginning Friday.
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Govt starts process to take away Rewas port from RIL 18.10.2017 DNA: Money
Reliance Industries may soon have give up land to develop proposed port at Rewas near Mumbai. The Maharashtra Maritime Board (MMB) has floated a tender to ascertain the value of the port near Mumbai so that the government can take over the port project from RIL. RIL has planned the port near its proposed special economic zone in Raigad, but scrapped the SEZ, putting the port plan in limbo. "MMB is seeking services from qualified financial consultants to assist them in undertaking a valuation exercise of identified assets either created or acquired including land bank of Rewas Ports and prepare a report accordingly," said an MMB official. At present, RIL arm Reliance Logistics & Ports holds a 55% stake in Rewas Ports Ltd, a special purpose vehicle that was created for development, operation and management of the proposed port. The rest of the stake is held by Amma Lines (24%), MMB (11%) and Jai Corporation (10%). The sole purpose of the valuation report is to compute the value of tangible assets and ...
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At IFSC, focus set to be on fintech 18.10.2017 Mumbai – The Indian Express
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Commerce Ministry gives more time to Navi Mumbai SEZ to resolve issues 1.10.2017 All Economy & Policy Stories
Some of these SEZs are facing operational and regulatory issues
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City to host technology quiz in October 22.9.2017 Hindu: Cities
Contest is open to students of standards 8 to 12
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Govt plans to take away delayed Rewas Port from RIL 20.9.2017 DNA: India
Union Ministry of Shipping along with Maharashtra government has initiated the process to take back Rewas Port project off Mumbai from Reliance Industries Ltd (RIL). RIL was awarded the project in 2002 to develop an all-weather deep draught port (20-metre draught) in three phases to house container and coal terminals apart from cement and liquid berths. As per the latest plans being discussed within the ministry, the state along with port authorities - Mumbai Port Trust (MbPT), Jawaharlal Nehru Port Trust (JNPT) and Maharashtra Maritime Board (MMB) - will jointly develop the Rewas Port at the entrance of Dharamtar Creek. DNA Money had reported on the possibilities of JNPT and MbPT co-developing Rewas Port in April this year. “There are discussions going on at the Centre to take over the project,” confirmed Manoj Saunik, principal secretary, transport & ports, Maharashtra. Another official privy to the development shared that a fresh feasibility study will have to be done prior to starting the port ...
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Mahindra Lifespace to raise $50 mn from IFC to support $210-mn projects 19.9.2017 Business Standard: Companies & Industry
The Mahindra Group's real estate arm Mahindra Lifespace Developers Limited (MLDL) plans to raise $50 million from International Finance Corporation (IFC). The investment will support company's plan to develop three industrial clusters (ICs) in Rajasthan, Gujarat and Maharashtra at a cost of over $210 million.IFC proposed investment is a combination of equity and subordinated debt, with an equal investment from MLDL in a combination of instruments and assets. IFC will invest in one or more special purpose vehicles (SPVs), promoted by MLDL.The three ICs are planned to be developed over the next 4-6 years in a staggered manner, with full project completion by 2025.The IC near Pune will be developed over an area of approximately 511 acres. It will comprise of a domestic tariff area and engineering and auto ancillary units. Around 152 acres has already been purchased by Knowledge Township Limited (KTL), a subsidiary of MLDL.For IC near Jaipur, the SPV would utilise 500 acres from the ...
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India seeks more Chinese investments 9.9.2017 Hindu: Economy
Commerce Minister Suresh Prabhu meets counterpart in move to address bilateral trade deficit
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Against the violence of ‘development’ 29.8.2017 FrontLine: Home
Corporate interests are trying to grab enormous tracts of land with the support of the state, but their attempts are being met with an unprecedented unity among landowners and others dependent on the land for their livelihood. By VIJOO KRISHNAN
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Britannia churns aggressive capex plan 22.7.2017 Deccan Herald - Business
Biscuit maker Britannia Industries will look to spend Rs 350 crore on capital expenditure in 2017-18, a growth of 35% over the previous year, to grow its business. The company, which makes a wide range of biscuits and cookies among other products, is looking at creating more manufacturing capacities at Guwahati in Assam, Ranjangaon in Maharashtra and Mundra SEZ in Gujarat during 2017-18. Britannias investment in R&D (including a new R&D centre commissioned in FY17), is paying off handsomely both in terms of new product launches and potential entry into adjacencies, quoting the companys annual report, Motilal Oswal Securities Ltd, an investment advisory firm said. Distribution expansion has been massive, with its direct reach doubling over the past three years (overall reach of 4.7 million outlets at end-FY17, including 0.7 million outlets added over the past year). Britannia added eight new lines at five of its plants across south and west India in FY17. The biscuit maker is banking on low per capita ...
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Britannia Industries eyes more exports, plans greenfield units 17.7.2017 Hindu: Business
Geopolitical situation, economic slowdown spur move
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SEZ approvals to be cancelled if extension not sought after validity expiry 12.7.2017 All Economy & Policy Stories
The state governments in question have also been asked to recover duty exemptions from the SEZs
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Reliance aerospace park gets approval 10.7.2017 Deccan Herald - News
The decks have been cleared for the setting up of Reliance aerospace park at Mihan in Nagpur. The board of approval for the Special Economic Zone (SEZ) under the Union Ministry of Commerce, last week, okayed the Reliance Aerostructure Ltd's proposed Dhirubhai Ambani Aerospace Park with related infrastructure facilities and services. The board was headed by Union Commerce Secretary Rita Teotia. The aerospace park will be home to the joint venture company set up by Reliance and French major Dassault Aviation to execute the Rs 30,000- crore offset programme linked to the sale of 36 Rafale fighter jets to the Indian Air Force. The first of the Rafale jets is expected to be inducted by 2019. In the first phase, the Mihan park will be built on a 104-acre land, while the second phase will cover an additional area of 185 acres, a company official said. The park with a proposed investment of Rs 6,500 crore is expected to generate more than 10,000 highly skilled jobs. It will also be home to the facilities of ...
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Centre clears decks for Dhirubhai Ambani Aerospace Park at Mihan 10.7.2017 All Current Affairs Stories
Business at the aerospace park is expected to exceed Rs 200,000 crore over the next 30 years
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