User: subbu Topic: Land Issues
Category: SEZs by State :: Maharashtra
Last updated: Oct 01 2017 15:35 IST RSS 2.0
 
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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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Decks cleared for Dhirubhai Ambani Aerospace Park at Mihan 10.7.2017 All News-IANS Stories
The Board of Approval (BoA) for special economic zone (SEZ) under the Ministry of Commerce has approved the Reliance Aerostructure proposal for the development of the Dhirubhai Ambani Aerospace Park with related infrastructure facilities and services at Mihan SEZ (Nagpur), an official statement said here on Monday.
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Decks cleared for Dhirubhai Ambani Aerospace Park at Mihan 10.7.2017 ET: Infrastructure
With the BoA nod, the Dhirubhai Ambani Aerospace Park (DAAP) at Mihan, spread over 289 acres, will become the largest greenfield aerospace park in the country.
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Struggling to get answers to your GST queries? Here is your 100-point guide 1.7.2017 ET: Policy
These questions cover various aspects such as registration, refund, supply, input tax credit, composition scheme, transition, invoice, exports and state GST.
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GST 30.6.2017 TOI: All Headlines
GST
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NSPCL to make bond market debut, asks bankers for underwriting bids 23.6.2017 All Companies Stories
To raise Rs 1.5k cr; 1st tranche would be for Rs 250 cr with green shoe option of another Rs 250 cr
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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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As Modi rises, so does yoga tycoon Baba Ramdev and his Patanjali empire 24.5.2017 All Economy & Policy Stories
It is a partnership that reveals the inner workings of influence and money in Modi's India
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Foxconn will have to export 51% of production at JNPT’s SEZ 19.5.2017 HBL: Info-tech
The Taiwanese electronics giant Foxconn, which is seeking about 14 acres of in a special economic zone (SEZ) inside the Jawaharlal Nehru Port for a manufacturing facility, will have to export a minimu...
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