As many as 251 industries operating in the state including big corporate players like National Aluminium Company (Nalco), Tata Steel and Paradeep Port Trust (PPT) owe Rs 1,634.71 crore (as on September 2011) to the government by way of water cess.

Rs 1,635 cr water cess pending on 251 industries

Business Standard

In a significant development, the Orissa High Court, on Monday, allowed Indian Oil Corporation Ltd (IOC) to draw water from Mahanadi river in Cuttack for its refinery project at Paradip.

HC allows IOC to draw water from Mahanadi

Close on the heels of Prime Minister Manmohan Singh&rsquo;s call for enhancing &ldquo;efforts to rid the country of the scourge of malnutrition&rdquo; through increased production of food grains, biotechnologists and social scientists have tried to affirm the role that biotech crops will play in ensuring food security.

Bangalore Declaration calls to remove checks on biotech R&D

Union Labour &amp; Employment Minister Mallikarjun Kharge has stated that the Centre has entered into an MoU with the United States for providing vocational training to Indian youth.

India, US tie up for training youth

On one of its first visits to Gujarat, a delegation from Victoria state of Australia is looking to establish business tie-ups in sectors like tourism, education and pharmaceuticals with firms in the state. A delegation of about 212 companies from the Australian state are on a &quot;business discovery visit&quot; to seven major cities in India including Ahmedabad, Pune, Hyderabad and Chennai.

Australia eyes tourism, pharma deals in Gujarat

Elecon Engineering Company Limited, has procured an order of Rs 12.95 crore from The Indure Pvt. Ltd. The order entails supply, transportation and erection and commissioning of reve-ible stacker cum reclaimer with tools and tackles, mandatory spares and commissioning spares for 2 x 525 Monnet Thermal Power Project at Angul, Orissa.

Elecon bags Rs 12.95 cr order

Mahindra Lifespace Developers, a real estate and infrastructure company of the Mahindra group on Monday launched a premium residential project called 'Bloomdale' at Mihan near here, the company said on Monday. Managing Director and CEO of the company Anita Arjundas said Bloomdale, a joint venture of Mahindra and B E Billimoria &amp; Company, would be developed over 25.25 acres of land located in the residential zone of Mihan project and would offer one, two and three BHK and Row Houses apart from Duplex Homes. It will have a swimming pool, gym, indoor and outdoor games facilities and walking path, Arjunadas said.

Mahindra Lifespace launches residential project in Nagpur

Press Trust of India

Lenovo India, PC maker company, has set up a store in Pune targeted at the small and medium enterprises (SMEs) in India. With this store, Lenovo aims to address the specific needs of the SME customer by making the Think brand accessible to them and offering solutions that address the SME community. The company is planning to open such stores in tier-1and tier-3 cities where industrial areas are located.

Lenovo eyes small,medium enterprises for comp sales

Keen on expanding footprint in India, Cathay Pacific Cargo is considering setting up two new freighter ports this year in Ahmedabad and Hyderabad.

Cathay Pacific plans 2 more freighter ports

Gujarat tax authorities have pending recovery of nearly Rs 12,000 crore from more than 300 companies operating in Gujarat, which include public sector majors like Oil and Natural Gas Corporation of India (ONGC), Gas Authority of India Ltd (Gail) and private players such as Reliance Industries Ltd and Essar Oil Ltd.

Nearly Rs 12K cr VAT dues pending recovery: Guj govt

The Indian nuclear energy establishment is gearing up to start work on 20 nuclear reactors with an estimated investment of over Rs 3 lakh crore during the 12th Plan period.

20 nuclear reactors planned

Mysore taluk will have 35,000 farmers covered, the highest. The target set for Nanjangud, T Narasipur, Hunsur, KR Nagar and Periyapatna is 32,000 farmers in each taluk, while 22,000 farmers will be brought under the co-operative healthcare scheme in HD Kote taluk.

Mysore third in health cover scheme

Bajaj Auto Limited, the country&rsquo;s second-largest two-wheeler maker, is all set to power its newly-launched Duke 200 &ndash; a naked style street fighter motorcycle from its Austrian partner KTM&rsquo;s stable &ndash; with the launch of KTM's Power Parts and Power Wear accessories and merchandise soon.

Bajaj to power Duke bikes with KTM parts

7Seas Entertainment Limited, a Hyderabad-based independent game development company, has made available its 17 mobile games on the Nokia Store, a one-stop-shop for great mobile content to help consumers personalise their Nokia devices. All the 17 games, across action, arcade, shooting, racing, sports, puzzle and adventure genres, are optimised for a range of Nokia handsets, including touch devices, Nokia&rsquo;s new range of Series 40 touch-and-type devices like Nokia N97mini and Nokia N8, Nokia X6.2. The cost is Rs 50 per game, the company said in a filing to the BSE on Monday. &ldquo;With mobile gaming emerging as the fastest-growing segment for games, game app stores are becoming increasingly popular,&rdquo; said L Maruti Sanker, managing director of 7Seas Entertainment.

7Seas' games on Nokia Store

Chennai can emerge as the automotive research and development (R&amp;D) hub, considering it is the house for global and domestic automotive majors, said R Chidambaram, principal scientific adviser to the Government of India.

'Chennai can emerge as auto hub'

Karur Vysya Bank has formed a strategic alliance with credit card company SBI Cards to offer co-branded Visa credit cards to its customers. These would be available in two variants - Platinum and Gold. It will be both magnetic stripe and chip-based to provide high level of security to the cardholders, said the company.

Karur Vysya, SBI cards join hands

City-based Fabtech Projects &amp; Engineers Limited, an engineering, procurement, construction and commissioning company has bagged two major contracts worth Rs 390 crore from the public sector companies Gas Authority of India Ltd (GAIL) and Indian Oil Corporation Ltd (IOC).

Fabtech gets orders worth Rs 390 cr from GAIL, IOC

FMCG player Karnataka Soaps and Detergents Limited (KSDL), manufacturers of Mysore Sandal Soap and sandalwood oils, are all set to foray into the Maharasthra and Gujarat regions.

Mysore Sandal soap makers set to make entry into Maha, Guj markets

The general perception regarding an Anil Ambani-controlled company is one that&rsquo;s leveraged to the hilt. And Reliance Capital was no exception.

Stake sale boost: R-Cap banks on profitable growth

Mahindra Steel Service Centre Ltd (MSSCL), a joint venture between Mahindra Intertrade Ltd and Metal One Corporation of Japan, has set up its first electrical stamping facility at Kanhe, near Pune.

Mahindra Steel sets up facility for electrical stamping at Pune

A Bill, opening the gates of technical educational colleges and institutions of Gujarat for the students of other states, was passed in the state assembly on Tuesday by a majority vote, amidst opposition from the Congress.

Other state students will get entry to technical educational colleges in state

- Find Specials News, Features, Analysis and more at Business Standard. Business Standard brings in-depth coverage of major events, issues and developments in India

Page 2108 - Specials News