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| Land acquisition in Gujarat less bloody | 21-NOV-09 |
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| Land disputes and displacement issues in Gujarat have been far less ‘bloody’ compared to states like Orissa and West Bengal. The credit for this, to an extent, goes to the long tradition of giving land at only market prices to industrial houses, with a similar compensation to land-losers, besides lesser interferences of the government in such matters. |
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| 'Union Comm Ministry will not force SEZs in Goa' | 20-NOV-09 |
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| The Union Commerce Ministry has said Special Economic Zones (SEZs), which have been rejected by the people of Goa will not be forced in the state, Chief Minister Digamber Kamat said. |
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| Petronet may acquire up to 10% stake in OPaL | 18-NOV-09 |
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| Liquefied gas importer Petronet LNG (PLL) is keen to acquire up to 10 per cent stake in ONGC Petro-additions (OPaL), the special purpose vehicle formed for setting up a chemical complex at Dahej SEZ, a senior ONGC official said. |
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| Bengal govt unclear on people displaced by new projects | 17-NOV-09 |
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| The West Bengal government has earmarked 30,000 acres for industrial projects (around 7,000 acres has been allocated, the rest is at different stages of acquisition), but even as it faces one of the most violent battles for land rights, figures for displacement or project-affected persons are yet to be aggregated. |
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| Torrent Pharma ends in red despite a firm start | 16-NOV-09 |
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| Torrent Pharma slipped into red to a low of Rs 377, down almost 7% from the day's high of Rs 405. The stock finally ended with a loss of 2.7% at Rs 382. The counter registered trades of around 36,500 shares on the BSE. |
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| 'Many present complications may survive under GST' | 16-NOV-09 |
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| The first discussion paper released by the Empowered Committee (EC) of State Finance Ministers, says additional duty of customs levied under Section 3 of the Customs Tariff Act, 1975 (i.e. CVD and SAD), will be subsumed under GST and set off for the same will be available as Input Tax Credit (ITC). At present also, Cenvat Credit of these duties can be taken. So, GST may not make any difference there. |
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| Aerospace SEZ inaugurated | 16-NOV-09 |
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| The country’s first Special Economic Zone dedicated to the Aerospace industry has been inaugurated in Belgaum district. The SEZ situated at Hattaragi, 37 km from Belgaum is promoted by Quest Global, an aerospace engineering and manufacturing company. The SEZ houses an engineering services facility, a precision machining unit and Aerospace Processing India, a joint venture between Quest and Magellan, a processing facility, which is critical for the industry. |
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| Torrent Pharma to invest Rs 475 cr in Sikkim, Dahej | 15-NOV-09 |
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| The Dahej SEZ is a 50:50 joint venture between the Gujarat Industrial Development Corporation (GIDC) and ONGC. Already, 28 companies have finalised their plans for setting up manufacturing units in the area. |
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| Mahindra Lifespace plans Rs 400cr project | 14-NOV-09 |
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| Mahindra Lifespace Developers Limited, part of the $6.3-billion Mahindra Group, is planning to construct a residential complex at its special economic zone (SEZ) – Mahindra World City – near Chennai with an estimated cost of Rs 400 crore. |
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