Amid growing opposition against the hydel projects in Uttarakhand, the Centre would make public an assessment report on Bhagirathi and Alaknanda basins prepared by IIT-Roorkee next week and send a technical team to assess GVK&rsquo;s controversial 330 Mw Srinagar hydel project.

Report on Bhagirathi, Alakananda in a week

Business Standard

The Uttarakhand tourism department would reinitiate the entire bidding process for its most prestigious Mussoorie ropeway project which is being revised to give it a new shape.

Fresh bidding for Mussoorie ropeway

The months since October, when the microfinance crisis broke out on its home turf in Andhra Pradesh, have been traumatic for the sector. Several leading microfinance institutions (MFIs) that have their primary exposure in the state are in deep trouble, with recovery going down to as low as 10-15 per cent.

Microfinance learns the hard way

The assurance given at the meeting between the Revenue Divisional Commissioner (RDC)-northern range and members of United Action Committee (UAC), a pro-Posco outfit on Monday on the fulfillment of six key demands has been perceived as eye-wash by the project affected villagers of Dhinkia, Nuagaon and Gadkujang panchayats.

Locals term assurance as 'eye-wash'

With the 47-day fishing holiday coming to an end on Tuesday, trawlers and mechanised boat operators in Andhra Pradesh today ventured into the sea. About 75 big and small trawlers and 6,000 mechanised boats are engaged in fishing in the state.

Fishing season begins

Introduction of the proposed real estate regulation Bill is likely to increase the cost of operations by 10-15 per cent, said Sreedhar Reddy, president of Andhra Pradesh Realtors Association and president-elect National Association of Realtors, India (NAR-India).

Realty Bill to up ops cost by 10-15%

In what could give fillip to sale of its anaesthetic drug, Ahmedabad Claris Lifesciences Limited (Claris) announced on Wednesday that it has received an in-principle approval for Propofol; in the European Union (EU).

Claris bags EU in-principle approval for anaesthetic drug

Freudenberg Gala Household Product Pvt Ltd, a leading supplier of mechanical cleaning products inaugurated its manufacturing facility at Adas near Anand on Wednesday.

Freudenberg Gala Household starts Adas plant

Troikaa Pharmaceuticals has bagged the National Award for its research and development efforts from the department of science and industrial research, Union ministry of science and technology e. The company received the award in the category of physical and biological sciences in recognition of one of its innovations, 'Dynapar AQ'.

Troikaa bags Award for R&D

United Tectsa (UT)- a subsidiary of Nashik-based Anil Printers Ltd, has developed RFID solutions for diamond traders, jewelers and retailers to avoid theft on sales counters and make the stock checking process very easy.

UT develops RFID solutions for jewellers

Stung by vociferous farmers&rsquo; protest in the recent weeks over land acquisition and compensation issues, Uttar Pradesh chief minister Mayawati has decided to convene a &lsquo;kisan panchayat&rsquo; in the state capital tomorrow.

Mayawati offers olive branch to UP farmers

Taking cue from &lsquo;Super-30&rsquo; programme of Patna, state education authorities will rope in private coaching institutes to shape at least 50 meritorious students from various districts to make them professionals in each sector engineering, medical and finance. State school education department has demanded a fund for the purpose.

MP to follow Super-30, to rope in pvt coaching institutes

Government agencies and private millers have reportedly procured more than 11 million tonnes (MT) i.e. 1,10,40,000 tonnes of wheat till last evening while 1,02,17,000 tonnes were procured last year.

Punjab procures 11 MT wheat

Uttar Pradesh Micro, Small and Medium Enterprises (MSMEs) have demanded legalisation of contract labour supply and implementation of Quality Circles (QCs) for increasing competitiveness in the sector.

MSMEs in UP bat for contract labour legalisation

Union Minister of State for Home Affairs, Communications and Information Technology, Gurudas Kamat launched the Mobile Money Transfer Service (MMTS) in Chandigarh today. This service will be provided by the Department of Posts through its post offices in technological tie-up with Bharat Sanchar Nigam Limited.

Gurudas Kamat launches Mobile Money Transfer Service in Punjab

The Karnataka government, which attracted global steel majors a year ago, has seen little progress in realising their investment. One year after holding the global investors meet (GIM) in June 2010 the progress in securing clearances for the iron and steel projects, which constituted more than half of the investment proposals, is negligible.

Steel projects remain on paper in Karnataka

Bangalore-based infrastructure company GMR Infrastructure is close to raising around Rs 400 crore of debt to finance its upcoming solar project in Gujarat. Sources in the know said that the company is in talks with IDBI Bank to close the deal in the near future.

GMR to raise Rs 400 cr debt for solar power

Amid uncertainty of participation by principle opposition Congress and boycott by JD(S), the 10-day extended session of Karnataka legislatures will begin here tomorrow.

Extended budget session starts today

Press Trust of India

Well, they are all associated with the Hyderabad-based Indian School of Business (ISB). In fact, one can compile a short list of Indian and global luminaries by merely looking at the members on the governing and executive boards of this premium business school.

ISB continues to make rapid strides in spite of high-profile exits

Bangalore-based jewellery exporter Rajesh Exports has posted a 48.5 per cent decline in its net profit to Rs 50.69 crore during the fourth quarter of last financial year on the back of higher expenditure incurred by the increase in stock along with an increase in tax provisions.

Rajesh Exports Q4 net drops 48.5%

Bangalore-based defence PSU BEML has reported a 55.3 per cent drop in its net profit at Rs 70.25 crore for the fourth quarter-ended March 31, 2011, compared to the corresponding quarter last fiscal. The company has also reported a 23.3 per cent drop in its total sales income at Rs 1,152 crore as against Rs 1,502 crore reported during the year ago period.

Higher staff cost pulls down BEML net

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