Uttar Pradesh sugar production in the current crushing season is likely to grow over 15 per cent compared to last year and touch a figure of almost 6 million tonnes.

UP sugar output may grow 15%

Business Standard

The Associated Chambers of Commerce and Industry in India (Assocham) is planning to introduce the concept of e-clusters through which different industrial clusters across the country can be interconnected to share technologies and to sell products.

Assocham to launch e-clusters

Come April and Indore-based Madhya Pradesh Stock Exchange will come alive with trading facilities. After getting a nod from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), the only stock exchange in the state will be first in India to provide independent trading platform for the bourses.

MP stock exchange to start trading in April

West Coast Paper Mills Ltd, one of the larger players in the paper industry, has posted 135.9 per cent rise in profit after tax (PAT) for the third quarter of the current financial year ended on December 31 to Rs 28.5 crore, as against Rs 12.08 crore during the corresponding period last fiscal. The firm&rsquo;s net sales for the period under review also rose 112.17 per cent to Rs 293.65 crore, compared to Rs 138.4 crore during the third quarter of the last financial year.

West Coast Paper Mills net rises 135.9%

Uttarakhand Chief Minister Ramesh Pokhriyal Nishank yesterday launched several new projects as part of his government&rsquo;s &lsquo;green Doon city&rsquo; initiative and also to strengthen infrastructure facilities here.

Nishank launches infra projects in Doon

Decks have been cleared for preparing a new master plan for the vast rural areas of Dehradun, which had seen a haphazard development during the past decade.

New master plan for rural Dehradun

Ministry of Environment and Forests'(MoEF) new plastic waste management rule is likely to result in a 30-50 per cent dip in demand for plastic carry bags in Gujarat. In the long run, however, the move to raise the cap for thickness of plastic carry bags to 40 microns will increase the polymer consumption and benefit the overall polymer processing industry in the state.

Guj's plastic bag makers fear dip in demand

While the National Association of Software and Services Companies (NASSCOM) is lobbying for extension of Software Technology Parks of India (STPI) scheme for one more year, IT companies in Gujarat are preparing themselves for the worst case scenario. In spite of being a wait-and-watch mode, smaller units are mulling to stay away from moving into IT special economic zones (SEZs) in the state.

STPI units in state mull skipping SEZs

Chandigarh-based Mirage Infra Limited, subsidiary of Jagan Group, today announced the launch of its Commercial Centre Project ACROPOLIS, coming up in Chandigarh.

Mirage Infra launches 'ACROPOLIS'

Goa is now looking at newer avenues to further strengthen its position as the favourite travel destination of India. Goan tourism, which had seen a dip in tourists footfalls post rising incidents of crime against tourists, is now coming up with a helpline number on the lines of the '108 helpline number'.

Goa Tourism to step up security with helpline number

The public-sector Punjab National Bank (PNB) would cover 4,700 unbanked villages nationally having population of over 2,000 by March 2012. Initially, the bank would appoint business correspondents or business facilitators to provide banking services to the farmers&rsquo; doorstep and later on by opening branches at potential places. Also, it is planning to open at least 500 branches nationally and has plans to increase its global footprint.

PNB to cover 4,700 villages by March '12

Net profit of Gokul Refoils grew to Rs 21.27 crore for Q3 this year as compared to Rs 18.35 crore in the corresponding period of the previous financial year.

Gokul Refoils' Q3 net clocks 15.9% growth

The rains which lashed parts of Punjab and Haryana on the evening of February 7 are considered to be good for rabi crops. The rains, besides helping in irrigating the fields, required for rabi crops also has resulted in stabilising the temperatures, both maximum and minimum.

Rains help temperature stabilise for rabi

Increasing network congestion notwithstanding, the call drop rate of cellular service providers in Uttar Pradesh (East) circle is below the Telecom Regulatory Authority of India (Trai) benchmark.

Cellphones ring clear in Uttar Pradesh (East)

Private lender Dewan Housing Finance Corporation Limited (DHFL) has launched Aadhar Housing Finance Private Limited, targetting the &lsquo;bottom of the pyramid&rsquo; home loan space in Uttar Pradesh and other states with similar socio-economic profile.

DHFL launches firm to aim 'bottom of pyramid' market

With India being one of the fastest-growing economies, the sales of business jets are picking up pace. Business jets manufacturers like Embraer are betting big on the market. Over the next two years, Embraer will be delivering 20 of its business aircraft. As of now, the aircraft manufacturer has three aircraft in the country. Though the country has only three aircraft in the country today, it is preparing the infrastructure for the maintenance, repair and overhaul of more aircraft.

Embraer bets big on Indian economy

Luxury business jet manufacturers Gulfstream, today said the demand for business jets in the Asia-Pacific (APAC) region is witnessing a huge growth. The company also believes that the economic growth of BRIC (Brazil, Russia, India and China) countries in the global business arena will act as a catalyst for its revenue growth.

APAC a huge market, says Gulfstream

GE Aviation and India&rsquo;s premium public sector Aerospace Company Hindustan Aeronautics Limited (HAL) have signed 30-year contract that covers license to carry out repairs and overhaul of various avionics, instruments and hydraulic products for the Hawk Mk132 aircraft, an Advanced Jet Trainer operated by the Indian Air Force.

HAL, GE Aviation ink pact

A month after removing nine defence and space companies from its &lsquo;Entity List&rsquo;, the US today said the Indian firms would still need to get licenses for obtaining sensitive technologies.

Indian cos need to get license for  technology: US

Press Trust of India

Former Deputy Chief Minister M P Prakash died at a private hospital here today after a prolonged battle with cancer. 71-year-old Prakash was a writer, theatre personality and social activist, besides being a prominent face of Karnataka politics since the 1980s.

Noted politician and former Dy CM M P Prakash dead

Chhattisgarh government has decided to close down 250 liquor shops in the state from the next financial year.

Chhattisgarh to shut 250 liquor shops

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