Media rights include those for television, internet and mobile. The BCCI had terminated its four-year contract with Nimbus Communications in December, after the latter defaulted on payments.

BCCI invites bids for media rights

Business Standard

The Ministry of civil aviation has agreed to prepare a note immediately to seek Cabinet approval for upgrading the Biju Patnaik airport in Bhubaneswar into an international airport, responding to Orissa's long-standing demand.

Civil aviation ministry to seek Cabinet nod for Orissa airport upgrade 

Leading steel maker Tata Steel has started preparation to begin underground chromite mining at its leasehold area in Sukinda valley in jajpur district. The company had been excavating chrome ore from its mines in the area for nearly half a century by open cast method.

Tata Steel to start underground chromite mining at Sukinda

Chief Minister J Jayalalithaa has sought Prime Minister&rsquo;s intervention in the allotment of 1,000 Mw of power transmission lines to enable the state to receive power contracted by the TN electricity board from other states. She also repeated the earlier request to allot 1,000 Mw from the central pool to overcome the power crisis.

Power crisis: Jayalalithaa seeks PM intervention

Mysore is seeking to be a &lsquo;model solar&rsquo;, &lsquo;slum-free and &lsquo;environmentally sustainable&rsquo; city. This, if one goes by the pronouncements made at a recent function organised to distribute state government benefits to the beneficiaries of Mysore district frucitfies.

Mysore to be model solar, green city

The Mysore division of the South Western Railway has seen its gross earnings from goods transport fall about Rs 115.83 crore over the last three years as a result of the ban on the movement of ore for export.

Ore export ban hits division of SW Railway

The Federation of Andhra Pradesh Industries (Fapi), which represents around 2,000 large and medium-scale industries in the state, on Thursday threatened to dodge sales, central excise and vacant land taxes, power bills and bank interests from March 24, if the state government failed to meet its demands.

Fapi to dodge taxes from March 24

The World Bank (WB) has approved a $ 50 million additional credit to finance Assam Agricultural Competitiveness Project (AACP), a project which aims to increase the productivity, profitability and market access of the farming community in Assam.

World Bank approves additional credit to Assam

With their activities crippled in Andhra Pradesh because of a state legislation, micro finance institutions have urged the Finance Ministry to bring a long-awaited bill in the upcoming Budget session of Parliament to vest powers of regulating these companies with the Reserve Bank of India. The session is slated to begin from tomorrow.

MFI body seeks clarity over regulations in Budget

The minister on Friday laid the foundation for development of EQ-1 berth on a DBFOT (design built finance operate and transfer) basis at Vizag port inner harbour with a cost of Rs 323 crore. Adani ports is developing the berth.

New berth at Vizag port to see Rs 323 cr investment

The state-run Nuclear Power Corporation (NPC) has lost power generation of 6,000 million units and is incurring a loss of Rs 5 crore daily due to the stoppage of work at the 2,000 Mw Kudankulam nuclear project.

Nuclear Power Corp hopes to commission first unit by Sept 

While many do not want commodity transaction tax (CTT) to be announced in the upcoming budget, it has found favour with, at least, the federation of gems and jewellery traders.

Jewellery traders' body for transaction tax on gold ETF

Samajwadi Party leader Akhilesh Yadav, who has been named as the next Chief Minister of Uttar Pradesh, will be sworn in on March 15. The 38-year-old engineer's father, Mulayam Singh Yadav, has relinquished the position in favour of his son, citing health issues.

Akhilesh to be sworn in on Mar 15

Rating agency Moody&rsquo;s has affirmed Punjab National Bank (PNB)&rsquo;s foreign currency long-term issuer rating &lsquo;Baa2&rsquo;, owing to good recurring earning power, a comfortable capital base and favourable liquidity conditions.

Moody's affirms PNB's foreign currency rating

India&rsquo;s foreign exchange reserves fell $58.8 million to  $294.98 billion in the week ended March 2, owing to fluctuation in the value of international currencies. While foreign currency assets fell $1.5 billion to $259.59 billion, the value of gold reserves with the central bank rose by $1.4 billion $28.12 billion.

Forex reserves fall to $295 bn

Reserve Bank of India (RBI) governor D Subbarao on Friday said the minimum statutory liquidity ratio (SLR) requirement should be reduced, as it led to high government debt holdings by Indian banks.

SLR should be reduced in the long term: Subbarao

Caf&eacute; Coffee Day (CCD), which is a part of Amalgamated Bean Coffee Trading Company, is betting big on the food segment.

Cafe Coffee Day bets big on food segment

In a major setback to the Left Democratic Front (LDF),  R Selvaraj, a CPI(M) MLA from the Neyyattinkara Assembly segment in Thiruvnananthapuram district, has resigned. He also resigned from the district committee of the party.

BS Reporter