The Karnataka High Court today rejected bail applications of former Karnataka minister Katta Subramanya Naidu and his corporator son Jagadish in connection with the KIADB land scam, holding there was prima facie evidence against them.

HC rejects bail pleas of Katta

Press Trust of India

Reliance Power has urged the Centre to evolve a guiding framework to help find a solution for executing the Krishnapatnam ultra mega power project.

Krishnapatnam UMPP: RPower seeks Centre's intervention

Business Standard

The Tamil Nadu government is planning to set up an industrial park on 100 acres exclusively for aircraft components manufacturing industries near Chennai.

TN to set up aircraft component park

West Bengal Chief Minister Mamata Banerjee on Tuesday said her government would defer its decision on revival of the State Legislative Council in wake of the Opposition parties' objections on the issue.

CM defers decision on reviving Legislative Council

Association of Indian Forging Industry (AIFI) said it predicts an impressive growth for the forging industry in India and released figures of overall production of forgings which increased to about 2.3 million tonne in the current year from 1.8 million tonne in 2009-2010, registering a strong growth of about 35 per cent..

Forging industry to grow by 25 per cent: AIFI

The Tamil Nadu government has identified a 187-acre site for setting up a financial city and media entertainment park, with an investment of over Rs 10,000 crore.

TN plans financial & media city on 187 acres

Why has Reliance failed to keep up production of gas from its D6 field? The answer may reveal more about disincentivised pricing than capacity issues.

Reliance needs to step on the gas

The Tamil Nadu government has called for personal intervention of Prime Minister Manmohan Singh to solve the issues concerning the Constitution (115th Amendment) Bill, 2011, saying the Goods and Services Tax (GST) in its present form encroaches upon the powers of state government.

TN govt wants PM to intervene in GST Bill

Kingtech Electronics India Private Limited, a group Company of G&rsquo;FIVE International will be focusing on video and gaming applications for basic and data enabled phones in Gujarat. The company markets mobile handsets under the brand name of 'G&rsquo;FIVE'.

G'FIVE to focus on videos, games for handset biz in Guj

A shipyard-cum-minor port complex is under construction in Kattupalli village, Ponneri taluk of Tiruvallur district through a joint venture company of Tidco and L&amp;T namely, L&amp;T Shipbuilding Limited.

L&T's shipyard project to be ready by Dec

In an effort to support aspiring entrepreneurs in the sustainable energy sector, the Indian Institute of Management, Ahmedabad (IIM-A) is set to launch a fund on sustainable energy to in the sector.

IIM-A, MNRE and DST launch fund for start-ups in sustainable energy

Southern Petrochemicals Industries Corporation Ltd (SPIC) is planning to divest its engineering and construction services division to Mirador Commercial Pvt Ltd. The transaction is estimated to involve Rs 50 crore.

SPIC to divest EPC division to Mirador

The Central Bureau of Investigation (CBI), which is probing the financial misdeeds alleged to have been committed by Kadapa MP YS Jagan Mohan Reddy, has a huge task as it has listed out instances of quid pro quo investments spanning five years between 2004 and 2009 when his father, YS Rajasekhara Reddy, was the chief minister.

CBI to follow multiple leads in Jagan case

In a bid to fast-track execution of the ambitious petrochemical complex at Dahej in Gujarat, ONGC Petro additions Ltd (OPaL) is aiming to achieve financial closure of its project by November 2011, which will be preceded by a lenders' meet by September-October this year.

Financial closure for Dahej plant by Nov&#39; 11: OPaL

IT exports from Visakhapatnam is expected to touch Rs 10,000 crore over the next two to three years, according to Sanjay Jaju, secretary, state IT department.

IT exports from Vizag likely to touch Rs 10,000 cr

IT consulting and outsourcing company, Mahindra Satyam, is poised to wage a legal battle against the income tax (I-T) department, which served draft notices on the company demanding payment of Rs 1,037.69 crore and Rs 1,075.73 crore for the 2002-03 and 2007-08 assessment years respectively, said a top official of the company.

Mah Satyam to challenge I-T dept

The good news is that the date of the debut run is fixed. The flip side is that two elements lay an awkward parallel track to the occasion on its eve.

Amritsar-Chandigarh Duronto Express chugs off today

The State Bank of India (SBI) is eyeing almost 25 per cent growth in its micro, small and medium enterprises (MSMEs) portfolio of Rs 4,000 crore in Uttar Pradesh during the current financial year.

SBI eyeing 25% growth in UP MSME portfolio

Super-Max Personal Care, the world&rsquo;s second largest manufacturer of razor blades, is planning to launch some of its products currently sold in the US and European markets, in India shortly.

Super-Max to launch new products in India

Gujarat appears to be gaining an upper hand over its southern counterpart as a possible host of the car plant proposed by French company Peugeot, state government officials said.

AP uncertain about Peugeot plant despite best incentives

At a time when higher prices of petro products are making a hole in the consumers' pockets, the central government has increased its focus on the renewable energy sources on bio-fuels and bio-diesel.

Centre for innovation in feed stock plantation

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