Ahmedabad-based NG Realty Pvt Ltd has received a green signal from the board of approval (BoA) for special economic zone (SEZ), set up by the union ministry of commerce and industries, for denotification of its engineering SEZ at village Rajoda near Ahmedabad.

NG realty's SEZ gets nod for denotification

Business Standard

Venture capitalist Srini Raju is in talks with private equity players to sell as much as 35 per cent stake in Associated Broadcasting Company (ABCL) that runs the TV9 regional channels.

iLabs Venture to sell 35% stake in TV9 holding firm

Cummins Group, India, manufacturer of engines, generators, components and related technologies, announced the opening of its facility-which will be a parts distribution center at the Cummins Megasite, at Phaltan in Maharashtra&rsquo;s Satara district.

Cummins starts 4th facility at Phaltan

Chennai-based IT solutions firm Zylog Systems Ltd is looking to expand its presence in Australia by setting up its own office in the country, with an initial investment of around $2.5 million (around Rs 12 crore). Besides, its plans for acquisition mainly in the ERP space, in the range of $75 million to $ 100 million, is ongoing, said company officials.

Zylog eyes $100 mn ERP buys in Australia

Farmers in Gadag district who succeeded in making the government revisit its decision to acquire land for housing South Korea&rsquo;s Posco Steel Company, are now facing the prospect of their land being acquired for setting up agro-based industries.

Land acquisition comes back to haunt farmers again

The state energy department is planning to invest Rs 14,000 crore over the next four years for strengthening the transmission and the distribution infrastructure. This is as part of its five-point programme initiated by the department.

Energy dept to invest Rs 14,000 cr

The Uttar Pradesh government has decided to make a targeted expenditure of Rs 1,500 crore for providing free housing to below poverty line (BPL) families in the current financial year under the central Indira Housing Scheme.

UP to spend Rs 1,500 cr for BPL housing

Retailers in Chandigarh believe the three-day-holiday from August 14 to August 15, would indeed result in an upsurge in their business. Compared to normal weekends, shopkeepers are anticipating customers&rsquo; footfall to rise by 30 per cent in these three days, during which they would offer huge discounts in order to woo the buyers.

Chandigarh retailers foresee sales growth this weekend

Commodity broking firm Geojit Comtrade Ltd has launched its mobile trading platform 'Flip Me' which would enable its clients to trade more competently in the market.

Geojit Comtrade launches mobile trading platform

Brooks Laboratories Ltd, a pharmaceutical contract research and manufacturing services company, is entering the capital market to raise Rs 63 crore.

Brooks Labs to raise Rs 63 cr

Forty-one per cent families in 75 villages in Jharkhand earn less than Rs 45 a day, while 65.9% families have a meager annual earnings of less than Rs 90 a day in six districts - Latehar, Palamau, Giridih, Deoghar and Seraikela-Kharsawan.

41% families of 75 villages in Jharkhand earn Rs 45 a day

The ongoing celebration of Tagore&rsquo;s 150th birth anniversary has put the cash strapped state government&rsquo;s department of culture in a piquant situation. The chief minister Mamata Banerjee has announced that her government would observe this big event by organizing several events throughout the state.

Cash strapped Mamata govt cuts down Tagore celebration

The work on Rowghat iron ore mines of Steel Authority of India Limited (SAIL) in Chhattisgarh is likely to speed up as the state government has decided to constitute a high-powered core committee to explore measures for starting up the project.

Chhattisgarh govt to set up committee to expidate work on Rowghat iron ore mines 

Chief Secretary seeks intervention of Union mines secretary.

Orissa's rift with IBM deepens over iron ore prices

A sale of its nutrition business to Danone and solid operating performance could rescue this debt-ridden company.

Wockhardt gives itself new life

Samsung is counting on snazzy new products, innovative marketing and vaulting ambition to close the gap on rival Nokia in this lucrative segment.

Samsung battles Nokia in smartphones

The Andhra Pradesh government is planning to take up a massive programme for energy conservation to achieve the potential of 20 per cent energy-saving to bridge the gap between supply and demand of power.

AP forms panel on energy conservation

ACC Limited, a part of Holcim Group, expects to register 20 per cent additional sales on the back of its new cement product launched under the brand &lsquo;Concrete +&rsquo;.

ACC expects new product to boost sales 20%

State-owned India Infrastructure Finance Company Limited (IIFCL) on Sunday opened its regional office in Hyderabad, which will cater to the whole southern region covering Andhra Pradesh, Karnataka, Tamil Nadu and Kerala, along with the Union Territories of Andaman and Nicobar Islands, the Lakshadweep and Puducherry.

IIFCL's regional office in Hyd

Despite the recent controversies surrounding land acquisition and real estate projects in Noida, Greater Noida and Noida extension, banks would continue lending to the real estate sector.

Banks to continue lending to real estate sector

Trinamool Congress, the second largest constituent in the UPA government, is likely to ask for modifications in the draft Land Bill.

TMC likely to ask for modifications in Land Bill

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