Proposing a growth of 18 per cent in tax revenue and eight per cent in non-tax over current year, revenue surplus of Rs 1348.13 crore has been estimated in the Chhattisgarh's Rs 30,725-crore budget for the financial year 2011-12 with an estimated fiscal deficit of Rs 3819.79 crore.

Raman Singh indicates 28% increase in annual plan size

Business Standard

Austria based Miba Group, engine and automotive company has entered into a joint venture with the clutch components manufacturer Maxtech Sintered Product in Pune. The company has invested around Rs 40 crore in for this venture.

Austria's Miba Group joins hands with Pune&#39;s Maxtech

The pharmaceutical industry of India expects the Union finance minister to pay heed to their grievances in the coming Budget.

Pharma Ind expects level playing field in excise duty

Ahead of the crucial state assembly elections scheduled to be held in May, the ruling Communist Party of India-Marxist (CPI-M) in West Bengal, is facing a serious challenge within the party from a number of powerful second rung leaders who have amassed muscle and money power over two decades.

CPI(M) opts for 'change' too

Tejas Networks' POTP product wins Technovation Awards

The national body for jewellery trade, the All India Gems &amp; JewelleryTrade Federation (GJF), has asked the government to instruct banks to give low-cost capital to the sector at a rate 8 to 10 per cent and also provide gold and raw materials on low-cost loan basis to gems and jewellery trade at an interest rate of 2.5 to 3.5 per cent per annum.

GJF seeks government intervention in bank lendings

The small and medium enterprises (SMEs) of Punjab, which are grappling with many problems, have huge expectations from this year&rsquo;s Budget. In Punjab alone, the SMEs and small-scale industries (SSIs) sector contributes 99 per cent of the total industrial units in the state.

Punjab SMEs pin high hopes on the Centre

The Enforcement Directorate (ED) has issued a provisional order to attach assets and properties worth crores belonged to former Jharkhand chief minister Madhu Koda and his associates Binod Sinha, Sanjay Choudhary, Sunil Kumar Sinha and Vikash Sinha.

ED orders attachment of Koda assets

After losing almost half of its pulse crop to this winter&rsquo;s intense frost-like conditions, Madhya Pradesh is pressing for its demand to cover all farmers as a unit under various crop insurance schemes. Chief Minster Shivraj Singh Chouhan has already raised the issue before the Centre and is eagerly awaiting the Centre&rsquo;s response to initiate a debate in Bhopal.

Centre should modify crop insurance scheme: MP

Himachal Pradesh Chief Minister P K Dhumal has described the Railway Budget as disappointing and contrary to the expectations and aspirations of the hill state.

Railway Budget irks Dhumal

Nagarjuna Construction Company, which changed its name to NCC Limited from today, will soon achieve financial closure for the 1,320 Megawatt thermal power project, which it acquired from Chennai-based Nelcast Energy, proposed at Krishnapatnam in Nellore district of Andhra Pradesh.

NCC to tie up funds for K'patnam project soon

The addition of new trains along with proposed new lines announced in the railway budget will increase the reach of the Railways in Karnataka which will benefit both its people and economy.

Provisions of Rly budget to benefit economy of state

Chief Minister B S Yeddyurappa at the weekend inaugurated the Talent Development Centre here established by the Indian Institute of Science (IISc).

IISc sets up talent centre

Press Trust of India

Mid-size pharmaceutical company, Strides Arcolab expects to clock a 25 per cent growth in revenue in the current calendar year on the back of high growth from its specialties business. It also sees biologics as the next growth area after acquisition of biotechnology firm, Inbiopro recently. T S Rangan, group chief financial officer of Strides Arcolab discussed with Debasis Mohapatra the future growth prospects along with concerns of the company.

Q&A: T S Rangan, Group chief financial officer, Strides Arcolab

The prevailing market situation, in which the international rubber prices are ruling much above the domestic prices, is conducive to export, which in turn may help Indian growers to realise international price, said Sheela Thomas, chairman, Rubber Board.

Quality logo for export rubber will fetch better prices: Rubber Board

India today joined the elite club of advanced countries producing Titanium sponge&nbsp;when the Defence minister AK Antony inaugurated the 500-tonne capacity Titanium Sponge plant at Chavara near Kollam in Kerala.

Antony opens 500-tonne titanium sponge unit

State-owned miner NMDC is planning to set up a beneficiation facility to convert the huge low grade dumps at Donimalai mine in Karnataka into high grade iron ore.

NMDC to set up Rs 150 cr beneficiation plant

Privatisation of water and water services is not a panacea to the drinking water supply problems in developing countries.

'Privatising water supply not feasible for developing nations'

State Forest Minister C H Vijayashankar said here on Sunday that measures had been taken to provide clarity on the forest policy in the state so that the green cover is protected and improved by initiating a plan of action, including a ban on cultivation of eucalyptus and acacia trees in the identified areas.

Efforts on to save green cover in state

The chief minister cleared 25 units with an employment potential of 41, 406, which will bring revenues to the state government through value-added tax (VAT) to the tune of Rs 878.30 crore annually.

Investments worth Rs 3 lk crore for Andhra

WestBridge makes first PE investment from new fund

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