Reacting to the reports of protests at proposed Posco site, the Union Ministry of Environment and Forest (MoEF) has rapped the Orissa government for mistaking the environment clearance as a licence to acquire land forcibly.

Posco clearance is not a licence for forcible acquisition: Ramesh

Business Standard

Mayfair to set up five-star hotel in Kolkata

Review says too slack, for coordination with govt depts.

Orissa banks show poor loan recovery in key poverty schemes

Jindal Steel and Power (JSPL) will not acquire fertile and irrigated land for its proposed Rs 45,000 crore Coal to Liquid (CTL) near Angul in Orissa, according to Rajesh Jha, executive director of the company.

Jindal's Orissa CTL project to avoid fertile land

NBRI's global alliance with US-based company

Maharashtra Industry and Ports Minister, Narayan Rane, has said that special incentives and subsidies may be offered to attract investment in Phase-II of Butibori industrial estate near here.

Butibori Phase-II may get special incentives: Rane

Press Trust of India

Net commerce in India seems to be on ever-evolving spree and companies seem to be keeping pace with this surge. The net commerce market in India was estimated to be Rs 19,688 crore in 2009 and is expected to grow to Rs 37,000 crore this year. Customers from the Mumbai-Pune region too are increasingly purchasing from online portals.

Q&A: Arindam Bose, MD and chief custom officer, Timtara.com

The sailing certainly has been smooth for the bicycle industry in Ludhiana which is pedalling high, courtesy the government purchasing.

Punjab bicycle industry keeps pedalling

The Bhubaneswar Municipal Corporation (BMC) will float a tender in next two weeks to set up a solid waste processing plant near Bhuasuni at a cost of Rs 46 crore.

BMC to float tender for waste processing plant in two weeks

Even though the Himachal Pradesh government has signed an agreement six months ago with two private companies to build the much needed three parking lots in Shimla in the public-private participation (PPP) mode, the projects seems to be mired in circumstances that would leaad to further delay.

Delay in building Shimla parking lots

The state&rsquo;s forest department is heaving a sigh of relief as frequent showers this summer have helped keep down forest fires to extremely low across Himachal Pradesh thereby saving the rich and vaied timber wealth of the state.

Summer showers help ward off forest fires in Himachal Pradesh

The Union Rural Development ministry would sympathetically consider the state government's request for Rs 100 crore in the current financial year to set up a proposed non-banking finance company (NBFC) that is specifically meant to serve the microfinance needs of self-help groups.

AP seeks Rs 100 crore for microloan NBFC

Pidilite Industries, the market leader in adhesives and construction chemicals, is firming up functional tie-ups with domestic architecture and interior design schools.

Pidilite 'bonding' with architecture schools

Rajkot-based vales maker, AVR Valves Private Limited is planning to raise Rs 100 crore through the initial public offering (IPO) during the current financial year.

AVR Valves to raise Rs 100 crore via IPO

High international prices of potash have become a hurdle for India, which imports all its potash needs. While the Indian government is willing to pay up to $ 420 per tonne of imported potash, the international prices are ruling at $ 500-510, with companies from Brazil paying up to $ 520 per tonne.

India's potash import faces price hurdle

Having forayed into compact fluorescent lights (CFL) for residential purposes sometime back, Morbi-based Ajanta is set to introduce CFL lamp for street lighting within three months.

Ajanta's CFL public lighting systems soon

&quot;When the BJP-led government was in power at the Centre, it had allotted merely Rs 17.66 crore to Gujarat under the SSA scheme, while the present UPA government has increased this amount manifold to Rs 440.65 crore this year,&quot; said Shaktisinh Gohil, leader of opposition in the state assembly.

UPA released more SSA funds to Gujarat than NDA: Congress

International Gemological Institute (IGI), a global diamond certifying agency has opened a laboratory and training centre in Ahmedabad. The company will certify lose diamonds as well as jewellery from the centre, the only other such centre in Gujarat after Surat.

IGI opens diamond certification lab in A&#39;bad

Real estate developer City Corporation Limited is set to foray now into film production. The company will be co-producing a Marathi film 'Jai Jai Maharashtra Maaza' (JJMM), alongwith GJ Creations.

Real estate firm to co-produce Marathi film

Continuing its growth trajectory, GKN Driveline announced that it will invest Rs 130 crore to set up a 600,000 per annum sideshaft manufacturing facility in Pune by August next year that will also make trans-axle solutions.

GKN Driveline continues expansion with new Pune facility

Union Minister for Environment and Forests Jairam Ramesh said his ministry would not grant approval to the Athirappilly hydro electric project in Thrissur district and International cricket stadium at Edakochi near here.

No nod for Athirappilly project, Edakochi stadium: Ramesh

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