The non-convertible debentures (NCD) issue of Muthoot Finance Ltd (MFL) will open on August 23. The company plans to raise Rs 1,000 crore through the public issue of debentures, said George Alexander Muthoot, managing director of the company.

Muthoot NCD issue to open on Aug 23

Business Standard

The West Bengal government wants power utility CESC Ltd to switch over to a closed loop system to improve power supply in its service area, which will require around Rs 200-300 crore over next two years.

Bengal govt wants CESC to invest Rs 200-300 cr in loop system

Press Trust of India

International School Engineering, a private non-profit training institute, opened its first centre in Hyderabad recently. From this month, it would offer certificate courses for professional engineers in areas such as data analytics and product engineering, and also a two-year executive M Tech in association with Gitam University Hyderabad.

Q&A: Jamie Carbonell, Chief mentor, International School of Engineering

Saha Insitute of Nuclear Physics (SINP) has requested the West Bengal government to allot 200 acres of land for its Rs 6,000 crore Synchrotorn project. If gets approval for the proposal it has submitted to the Department of Atomic Energy (DAE) and with adequate land, India would become the fifth country to have third generation high-energy synchrotron.

Bengal may give 200 acres for SINP project

The Joka-BBD Bag Metro rail project connecting the extreme south tip of metropolis with the central hub would be completed by 2013-14, Railway Minister Dinesh Trivedi said today.

Joka-BBD Bag metro to be completed by 2013-14

The West Bengal government has taken an initiative to simplify the single window clearance counter available with WBIDC, Commerce and Industry minister Partha Chatterjee said on Sunday.

WB to simplify single window clearance

Chandigarh, Lucknow, Vadodara among top job creators.

Jobs in tier II towns grows 200% in July

Looking to ease the trained manpower problem, the knitwear industry in Ludhiana along with other textile players in the region is mulling setting up of a vocational centre in Ludhiana for trained manpower. The vocational centre would be a part of the Common Facility Centre(CFC) coming over 9,000 square yards .

Ludhiana's knitwear industry to start vocational training

Dynamatic Technologies, the company that designs and builds highly-engineered products for automotive, aeronautic, hydraulic and security applications, is planning an investment of about $110 million (Rs 500 crore) on the aerospace park it is building near the international airport here.

Dynamatic's Rs 500-cr aerospace expansion 

When one wears Khadi, he wears freedom. Person who possess attitude of simple and contented life, wears Khadi. Life's freedom lies in simplicity and contentment -- Mahatma Gandhi once said about the hand-spun, hand-woven cotton fabric. Thanks to Arvind Ltd., this Gandhi's fabric is now going indigo...and global.

Brand Khadi: Moves from Sabarmati to the wild west

The Confederation of Indian Industry (CII) has joined hands with Bureau of Energy Efficiency (BEE) to enhance competitiveness through energy efficiency of industries.

CII joins hands with BEE for enhancing energy conservation

Maruti Suzuki India Ltd (MSIL), the country's largest car maker expects car sales to gather steam from the first week of September. The auto major is betting on the festive season to rev up sagging sales of passenger cars in the country.

Maruti hopes sales turnaround by early Sept

Recommends capacity building for Orissa niger seed farmers.

Benefits of EXIM policy limited to large stakeholders, says study

In a move that would further delay the construction of Naini-Saini airport, the Uttarakhand government has cancelled its agreement with Stup, the company which was appointed as a consultant for its expansion and modernisation in the hilly Pithoragarh district last year.

Naini-Saini airport to invite fresh bids

Such has been the impact of excise duty on branded garments that smaller garmenters are increasingly moving from the organised segment to the unorganised. Garmenters are moving to manufacturing and marketing unbranded apparels as well as opting for to bulk orders.

Hit by excise duty, garment makers resort to selling unbranded apparels

Ministry of Coal has granted its prior approval for mining lease of Utkal-E Coal Block at Angul, in favour of National Aluminium Company Limited (Nalco), a Navratna PSU. The block has an estimated reserve of 70 million tonnes of coal and covers an area of around 212 hectares.

Centre accords prior approval to Utkal-E coal block

Thanks to hiked petrol prices and loan rates, share of diesel cars is set to rise further this festive season in Gujarat.

Car bookings in Gujarat see 80% diesel variants

Haryana has asked the Union government to pay a total of Rs 2,939.84 crore &mdash; Rs 1,046.21 crore to make good the shortfall on account of the compensation claim filed by the state for three years and Rs 1,893.63 crore paid less in claims on the Central Salex Tax account.

Haryana govt seeks CST compensation from Centre

At a time when over 60 per cent of the country's population do not have access to banking services and credit facility remaining only a mirage for more than 90 per cent of the population, the Entrepreneurs &amp; Finance Customers' Association of India (EFCAI) has urged the Reserve Bank of India (RBI) to allow post offices to start banking operations.

Finance Association urges RBI to allow post offices to function as banks

Even as the US debt ceiling is set to usher in currency fluctuations, the Gujarat IT industry is expecting export realisations to fall by 3-5 per cent in the coming days. While in the recent past the industry in Gujarat has been reducing its dependent on US dollar, players believe the next couple of months will witness impact on realisations.

IT export realisation in Gujarat to fall by 5%

The Coffee Board&rsquo;s estimates of 322,000 tonnes of coffee production (post-blossom estimates) for crop year 2011-12 beginning October is unlikely to be achieved as bumper crop in Robusta for two consecutive years would not be possible, said industry analysts.

Coffee Board, planters differ on production estimates

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