The West Bengal government on Wednesday said it will not allow the proposed nuclear power plant at Haripur in East Midnapore district.

No nuclear power plant at Haripur: Govt

Press Trust of India

Somany Ceramics, the walls and floor tiles manufacturer, has decided to revise its plans on its opening of retail stores in the country. It was earlier planning to open 60-65 retail stores but now it will go ahead with only 50 stores with a focus on the tier II and tier III, said Abhishek Somany, joint managing director (JMD), of the company.

Somany Ceramics revises retail store plans

Business Standard

Hyderabad-based Suven Life Sciences has won four product patents for its new chemical entities designed for treatment of neurodegenerative diseases.

Suven Life secures four product patents

India&rsquo;S top car maker Maruti Suzuki&rsquo;s exports are likely to come down by 10,000 units in the current financial year, according to IV Rao, executive managing director (engineering).

Maruti's exports likely to dip by 10,000 units

The public sector defence lab, National Aerospace Laboratories (NAL), is looking for more private sector partners to commerialise its research. The lab is presently in advanced stages of commercialising its domestically-designed single-engine five-seater general aviation aircraft jointly with Mahindra Aerospace Pvt Ltd (MAPL).

NAL seeks pvt partners to sell micro-aerial vehicle

Facility in Bijapur district to have 33 Mw co-gen capacity.

KPR Mill to set up Rs 325 cr integrated sugar mill

Emami Biotech Ltd, a part of the Rs 3,700 crore Emami Group of Companies, is planning to treble its edible oil refining capacity with an investment of around Rs 550 crore. This would help the company to capture 10 per cent of the Rs 15,000 crore branded edible oil market in next three years, said a senior executive from the company.

Emami Biotech to invest Rs 550 cr on edible oil refining capacity

With the real estate market witnessing a gradual slowdown since last six months in Ahmedabad, the trend seems to be finally taking a toll on property prices.

Ahmedabad to witness 20% correction in property prices

The Central Electricity Regulatory Commission (CERC) in a recent directive asked the states to go for a new tariff rate for sharing of interstate transmission charge of electricity, which created flutter among the state power agencies. Most of the states including West Bengal and Orissa cried foul as this new tariff rate will cause heavy drainage in their revenues. In a meeting convened by the CERC at Delhi yesterday, most of the states refused to accept the new tariff rate for transmission charges and did not sign the agreement.

States, CERC at loggerheads

The Reserve Bank of India (RBI) on Thursday penalised Rajkot-based Rajkot Commercial Co-operative Bank Limited for violation of RBI's instructions regarding grant of unsecured advances in excess of prescribed ceiling and director related advances. The RBI has slammed a penalty of Rs 2 lakh on the urban commercial cooperative bank.

Reserve Bank fines Rajkot Commercial Coop Bank

Jaypee Group, the third largest cement manufacturing company in India, has launched its new cement bag in West Bengal which will replace its old product line.

Jaypee Cement launches new product

SunBorne Energy, a utility scale solar projects developer, has achieved financial closure of debt for Rs 140 crore (approx US $ 32 million) required for its 15 MW photo-voltaic plant in Karmaria, Kutch and Gujarat.

SunBorne Energy gets debt finance for Guj solar power project

India's largest passenger car maker Maruti Suzuki has decided not to commit for any further investments in engines, as the government is yet to come out with an auto-fuel policy, a top company official said.

Maruti not to commit further investment in engines

The company reported a net sales of Rs 135.11 crores, with an increase of 27.22 percent over Rs 106.19 crores registered during the first quarter of the previous fiscal.

Anil Limited net profit up by 29.61%

The tea industry of Assam, a state which is synonymous in the outside world with its tea, has asked the government to declare the beverage as the &lsquo;National Drink&rsquo; of India. It also wants tea to be declared as the &lsquo;State Drink&rsquo; of Assam.

Tea industry demands &#39;national drink&#39; status for tea

According to the latest findings of Employment Trends Survey (MEtS) &ndash; Wave2 conducted by Ma Foi Randstad, a division of the global Randstad Holding and world's second largest HR services company, Pune has reported the highest salary increase (17.1 per cent) in the Indian organised sector for the period extending between January 2011 and June of 2011 and is expected to retain its position in the current quarter as well at 17.8 per cent.

Pune reports highest salary increase in first half

Khadi and Village Industries Commission (KVIC) has proposed total inflow of Rs 55,000 crore towards the country&rsquo;s khadi and village industries during the 12th Five Year Plan (2012-17).

KVIC to get Rs 55K cr during 12th Plan

The West Bengal government will take up a special drive to expand the Kisan Credit Card (KCC) cover among farmers, Chief Minister Mamata Banerjee said on Thursday.

WB govt to expand Kisan Credit Card among farmers

Chief Minister Ramesh Pokhriyal Nishank has announced the creation of four new districts, winning a thunderous applause from the workers of his BJP.

Nishank promises four new districts in state

After disrupting normal life for nearly four days, Uttara-khand today heaved a sigh of relief from heavy rains that adversely affected power and tourism in the state and also left over 15 people dead.

Uttarakhand tourism, power paralysed by incessant rain

Unhappy with the financial unviability of their assignment, the 150-odd cotton ginning mills in Haryana will this time refrain from working for the Cotton Corporation of India (CCI), their apex body said on Thursday ahead of the arrival of the crop by next month-end or early October.

Haryana cotton ginners seek higher prices

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