The proposal for road connectivity for upcoming minor ports in Orissa has moved a step further with the feasibility study taking off.

Feasibility study begins for minor port connectivity

Business Standard

The Union Ministry for Micro, Small and Medium Enterprise (MSME), which has already completed the draft proposal of the procurement policy for the sector, will launch it in late March this year, said Alok Roy, the local MSME director.

New Purchase Policy for MSME products

Wonderla Holidays Pvt Ltd, the amusement parks firm from the promoters of V-Guard Industries Ltd, is planning to set up two amusement parks in Hyderabad and Chennai in next four years, with an investment of around Rs 400 crore. The company is also entering into hospitality segment by launching a resort in its Bangalore park next month, said a company official.

Wonderla to expand presence in South India

Commercial vehicle (CV) manufacturer and flagship company of the Hinduja Group, Ashok Leyland, is planning to set up a new production facility near Chennai.

Ashok Leyland to set up new plant

In a show of strength, BJP strongman of the state B S Yeddyurappa on Thursday, mobilised a sizeable number of legislators at a meeting convened by him apparently to exert pressure on the party central leadership to reinstate him as chief minister. Yeddyurappa also roped in Rural Development Minister Jagadish Shettar and Home Minister R Ashoka who were in rival camp when he backed D V Sadananda Gowda to succeed him after being forced to quit as chief minister last August over his indictment in the Lokayukta report on illegal mining. Yeddyurappa&rsquo;s &ldquo;demonstration&rdquo; ahead of BJP President Nitin Gadkari&rsquo;s arrival to preside over a two-day brainstorming session for the ruling party legislators beginning on Friday is seen as an attempt to step up pressure on the party leadership to reinstate him as chief minister.

Yeddyurappa gains more support of MLAs

Press Trust of India

&quot;This is my earnest appeal to Mamata Banerjee not to oppose the strike. The strike is against the economic policies of the Centre and not directed against her,&quot; Dasgupta told reporters here.

Gurudas appeals to CM not to oppose strike

TRF Limited, a Tata Enterprise and Schade Lagertechnik GmbH have signed a strategic co-operation agreement to give TRF the exclusive right to manufacture and market Schade's yard equipment in India.

TRF and Schade, Germany ties up for higher capacity yard equipment 

Karnataka Chief Minister D V Sadananda Gowda will visit Mysore on March 3 to handover Rs 500 crore worth entitlements to one lakh beneficiaries of the district. At a programme planned on the Maharaja&rsquo;s College Grounds, the Chief Minister will inaugurate the day-long &lsquo;fair&rsquo; on which the district officials are busy planning the details.

CM to hand out  Rs 500 cr worth grants in Mysore

Trinamool Congress leader Partha Chatterjee on Thursday said the statements issued by CPI(M) leaders about the killing of two of its party leaders in Burdwan town had a &quot;political motive&quot; behind it.

Political motive behind CPI(M) leaders' statements: Partha

Ranchi headquartered public sector undertaking under the Ministry of Steel.MECON is continuing considerable profits for the last five consecutive years. The PsU made a major jump in net profit, net worth and order book in the 2nd quarter of the financial year 2011-12..

Mecon posts net profit second quarter of the financial year

The microfinance sector in India grew at an astonishing pace and so has been the climb down. The past 18 month have been tough for microfinance institutions (MFI) as the access to capital has been scarce. The awaited Bill on microfinance is widely expected to bring solace to the sector. However, according to Unitus Capital, an established player in raising capital for MFIs, positive change is already happening in the country. Eric Savage, Co-Founder &amp; President of Unitus Capital tells Raghuvir Badrinath that while there will be no sea change in how banks view the MFI sector, there will be at least one less hurdle to cross.

MFIs an attractive option  for NBFCs looking  at banking foray: Eric Savage

At present, state&rsquo;s power demand varies from 2700-Mw to 2800-Mw during peak and non-peak hours. In the coming summer season, the demand is likely to increase by 300 to 400-Mw and the state will be requiring 3000-Mw to 3200-Mw to ensure uninterrupted supply.

Chhattisgarh's power demand may shoot up by 300-Mw this summer

Hyderabad-based industrial and automotive battery maker Amara Raja Batteries Limited is planning to set up a greenfield project and has earmarked Rs 190 crore for the first phase.

Amara Raja lines up Rs 190-cr for greenfield project

Public sector Canara Bank is providing more thrust on loans to self-help groups in Andhra Pradesh as well as in the country. &ldquo;Our recovery percentage in SHG loans is more than 95, so we are giving more emphasis on lending to SHG groups,&rdquo; S Raman, chairman and managing director, Canara Bank, told mediapersons here on Thursday.

Canara Bank gives thrust on SHGs

The Lokayukta Court on Thursday issued summons to former Karnataka chief minister BS Yeddyurappa, his family members and others in an illegal land denotification case.

Lokayukta court summons Yeddyurappa, family

The budget session of Gujarat state legislative assembly took off on a stormy note as opposition Congress disrupted Governor's customary address on the first day of the session, terming the speech as 'mere praises of chief minister.

Gujarat assembly budget session gets a stormy start

ETG Agro Limited, a joint venture company of Tanzania-based Export Trading Group (ETG) and Coronation Group of Mumbai, has laid out ambitious plans for investing Rs 100 crore in India for pulses processing. The company would soon start two processing units each in Gujarat and Maharashtra.

ETG Agro plans to invest Rs 100 cr for pulses plants

Maharishi Solar Technology has launched a Parabolic Trough &ndash; a low cost solar solution for the industries to reduce fuel cost for electricity and fossil fuel for generating heat. The technology is a result of the strategic tie-up with US-based Abengoa Solar Inc, (ASI), which is into delivering solar technology solutions.

Maharishi Solar offers low cost solar thermal solutions

The Sahara Pune Warriors in all likelihood will have to settle with existing rule of having four overseas cricketers in their playing XI instead of their demand of an additional foreign player for the fifth edition of Indian Premier League.

Pune Warriors unlikely to get fifth foreigner in IPL-V

The Solvent Extractors&rsquo; Association of India (SEA) has estimated a record castor seed production of 1.61 million tonnes in India for 2011-12 season (October-September), showing a growth of about 30 per cent over 1.25 million tonnes recorded last year.

India's castor seed output pegged at record 1.61 mn tonnes

A dip in domestic and international demand, thanks to global meltdown, has forced Rajkot-based diesel engine manufacturers to cut down production by almost 50 percent in last 3-4 months.

Rajkot diesel engine industry cuts production by 50%

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