User: subbu Topic: Land Issues
Category: SEZs by State :: Maharashtra
Last updated: Nov 08 2018 17:43 IST RSS 2.0
 
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Nirav Modi declared 'proclaimed absconder' by Gujarat court 8.11.2018 Sify Finance
A Gujarat court on Thursday declared fugitive diamantaire Nirav Modi as a "proclaimed absconder" in a Rs 52 crore customs duty evasion case filed in March and ordered him to appear in court on November 15.
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He exposed the Rs 2,043 crore DSK scam 21.6.2018 Rediff: Interviews
'The amount involved could as high as Rs 3,500 crore as there are a lot of depositors.'
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4 lakh farmers have ended life in last 25 years: AIKS 18.6.2018 Hindu: Medicine & Research
All India Kisan Sabha (AIKS) president Ashok Dhawale said here on Sunday the neoliberal policies of 1991 had such a devastating impact on agriculture
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Services to push Maharashtra to $1-trillion economy: Fadnavis 16.5.2018 Hindu: Cities
Mumbai: The services sector will have a large role to play in making Maharashtra a trillion-dollar economy by 2025, according to Chief Minister Deven
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Rajgurunagar-Khed SEZ cancelled due to injustice to farmers: 11.5.2018 General News
Maharashtra Chief Minister Devendra Fadnavis today said that his government cancelled the Rajgurunagar-Khed Special Economic Zone (SEZ) as injustice was done to the farmers of the area. Fadnavis had recently cancelled the SEZ and had also waived off the stamp duty on the transfer of land to project-affected people of four villages, Nimgaon, Kanersar, Dawadi and Kendur. Fadanvis was speaking to a farmers' delegation, led by Hatkanangle Lok Sabha MP Raju Shetti, which met him to thank him for this decision. "The government has always given priority to the interests of farmers. When acquiring land, maximum compensation should be given. Efforts have been made to see that the rehabilitation of projected affected people is done well," Fadnavis said. Shetti hailed the Maharashtra CM's decision as positive and pro-farmer. In 2007, 1,250 hectares of land was acquired for the SEZ from the four villages in 2007. According to the contract, 15 per cent of this land was to be ...
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Sensex, Nifty settle at over 1-week low 4.5.2018 General News
Trading for the week ended on a subdued note as the key benchmark indices logged modest losses weighed by selling pressure in index pivotals ITC, HDFC and Reliance Industries. The barometer index, the S&P BSE Sensex, lost 187.76 points or 0.53% to settle at 34,915.38. The Nifty 50 index fell 61.40 points or 0.57% to settle at 10,618.25. The Sensex and the Nifty, both, settled at over 1-week low.
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New DP 2034 for Mumbai unveiled; unlocks more land for housing 25.4.2018 General News
The Maharashtra government today unveiled the much-awaited Development Plan (DP) 2034 for Mumbai, paving the way for the space-starved city to have more land available to build homes and commercial spaces. Infusion of new developable land and increasing the FSI (Floor Space Index) in the island city up to 3 for residential properties are the major takeaways of the revised development plan, which will be the blueprint for the city's land use over the next 16 years. FSI is the ratio of the total built-up area to the total area of a plot. It is basically a tool that defines the extent of construction permissible on a plot. In the new DP, the FSI for commercial properties is raised up to 5 in the island city from earlier 1.33. For suburbs, new FSI will be up to 2.5 and 5 for residential and commercial properties, respectively. The existing FSI for the two categories is 2 and 2.5, respectively. Unveiling the document, Maharashtra Urban Development department Principal ...
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Par panel raises concerns over SEZ developers, units mortgaging land to raise loans 28.3.2018 General News
Concerned over special economic zone developers and units mortgaging land to raise loans, a parliamentary panel today suggested that the SEZ law be reviewed to curb the possibility of using such land as collateral for raising funds. A Public Accounts Committee, chaired by Congress leader Mallikarjun Kharge, in its report stated that "11 developers/ units in Andhra Pradesh, Karnataka, Maharashtra and West Bengal had raised Rs 6,309.53 crore as loans by mortgaging SEZ land". Three developers/units had raised a loan amount of Rs 2,211.48 crore and utilised the same for purposes other than development of these zones. It said that the SEZ law and rules do not specify that such land cannot be mortgaged. "The committee recommend that the department of commerce and financial services review the SEZ Act to specify that SEZ land lease hold rights can not be mortgaged to curb the possibility of huge loans going bad which ultimately would affect the public exchequer," it added. It also said that .
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Maharashtra Government makes room for residential units in Navi Mumbai... 26.3.2018 DNA: Bangalore
Maharashtra Government makes room for residential units in Navi Mumbai...
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Mumbai best place to set up IFSC, Maharashtra CM says 23.3.2018 General News
Maharashtra Chief Minister Devendra Fadnavis today asserted, with "duo apologies to all" that Mumbai is the best place to set up an International Financial Services Centre (IFSC). Fadnavis made the statement in the Legislative Council after a Congress member pointed out that Union Finance Minister Arun Jaitley had ruled out setting up an IFSC in Maharashtra's capital. Fadnavis said that London has three IFSCs, and India too can have multiple IFSCs. Replying to supplementary queries on a Calling Attention motion moved by Sanjay Dutt (Congress), Fadnavis said Mumbai alone can be the country's financial services hub, as it is a natural financial service centre, having the front offices of major banks, life insurance firms and others. "With due apologies to all, I want to make it clear that a financial services hub cannot be set up anywhere else other than Mumbai, and this is 100 per cent right," he said. He said this after Dutt pointed out that Jaitley, replying to a ...
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Navi Mumbai SEZ: Maharashtra mulls returning land to farmers 23.3.2018 Hindu: Athletics

Mumbai: The Maharashtra government is preparing to draw curtains on the land issues surrounding the Navi Mumbai Special Economic Zone (SEZ), promoted by the Reliance Industries.

Revenue, Re

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3-year jail, stiff fine for violating ban on plastic in Maharashtra 17.3.2018 Hindu: Medicine & Research
Onus on manufacturers to recycle PET bottles, says Environment Minister
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Boeing signs new pact with TAL to manufacture floor beams for Dreamliners 14.3.2018 Sify Finance
Aerospace major Boeing and Tata Group company TAL Manufacturing Solutions (TAL) on Wednesday announced the signing of a new contract for the manufacture of advanced composite floor beam (ACFB) for Boeing's 787-9 and 787-10 Dreamliner airplanes.
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Boeing, TAL in new supply pact for Dreamliner beams 14.3.2018 Hindu: Health
Boeing awarded Tata firm first contract for beams in 2011
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Boeing signs new pact with TAL to manufacture floor beams for Dreamliners 14.3.2018 All News-IANS Stories
Aerospace major Boeing and Tata Group company TAL Manufacturing Solutions (TAL) on Wednesday announced the signing of a new contract for the manufacture of advanced composite floor beam (ACFB) for Boeing's 787-9 and 787-10 Dreamliner airplanes.
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India attracts $209 bn FDI during Apr 2014 to Dec 2017 12.3.2018 Latest News
The number of functional units in 2015-16 was 2,269 and 2,293 in the previous fiscal
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PNB fraud: ED attaches Choksi's properties worth Rs 1217 crore 1.3.2018 Deccan Herald - News
The Enforcement Directorate (ED) on Thursday attached 41 properties of diamantaire Nirav Modis uncle Mehul Choksi, valued at Rs 1,217.20 crore, in connection with the money laundering probe in PNB scam. The attached assets include 15 flats and 17 office premises in Mumbai, a shopping mall in Kolkata, a four-acre farmhouse in Alibaug in Maharashtra and 231 acres of land at locations like Nasik, Nagpur and Panvel in Maharashtra and Villupuram in Tamil Nadu. A 170-acre Hyderabad Gems SEZ in Ranga Reddy district, near Hyderabad, valued at over Rs 500 crore has also been attached. Four flats in Borivali (east) area of the Maharashtra capital and nine others in Khemu Towers in Santacruz (east) have been attached as part of the action. Earlier on February 24, the ED had attached 21 properties, including a penthouse and a solar power plant, belonging to Nirav worth around Rs 523.72 crore. With this, the ED has seized assets worth at least Rs 7,610.20 crore in connection with the case registered after Punjab ...
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ED attaches Mehul Choksi's assets of Rs. 1217 cr 1.3.2018 General News
The Enforcement Directorate (ED) on Thursday attached 41 properties worth Rs 1217.20 crore of PNB scamster and owner of Gitanjali Gems Mehul Choksi.The attached properties include 15 flats, 17 office premises in Mumbai and M/s Hyderabad Gems SEZ in Andhra Pradesh.It also includes a shopping mall in Kolkata, farm house in Alibaug and 231 acres land in Maharashtra and Tamil Nadu.Earlier, Central Bureau of Investigation (CBI) had said that the Punjab National Bank (PNB) reported scam of Rs. 1251 crore by Gitanjali Gems.In a statement, the CBI had said, "The PNB has informed us that further scam of Rs 1,251 crore has been detected in respect to Gitanjali Gems. The CBI is now probing Rs. 12,636 crore in the PNB scam, up from Rs 11,421 crore."Celebrity jeweller Nirav Modi and his uncle Mehul choksi are being investigated by the Enforcement Directorate and other investigative agencies ever since the PNB scam came to light.
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PNB fraud: ED attaches Mehul Choksi's 15 flats and 17 offices in Mumbai, other properties worth Rs 1,200 cr 1.3.2018 Latest News India on Firstpost
The I-T Department had earlier attached four more properties of the Nirav Modi group which included his farm house in Alibaug worth Rs 13 crore.
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PNB fraud: ED attaches Rs 12-bn assets of Mehul Choksi; 10 developments 1.3.2018 Top Stories
The development comes a day after a Blue Corner notice was issued against the Gitanjali promoter and Nirav Modi
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