Come July and land prices will go up for industrial use in Madhya Pradesh. Almost all Audyogik Kendra Vikas Nigams (AKVNs) subsidiaries of State Industrial Development Corporation (SIDC) have obtained government nod for raising prices.

MP land prices to go up from July

Business Standard

Perturbed over low Credit Deposit Ratio (CDR) in Uttar Pradesh, especially in the Bundelkhand region, the state government may formulate an Action Plan in partnership with commercial banks.

UP may formulate Action Plan for augmenting CD Ratio

Following allegations from different quarters over the unholy nexus between the mining lessees and contractors, the Orissa government has decided to constitute a committee to probe into the matter.

Committee to probe lessee-contractor nexus in mining areas

One of the most prickly nettles for governments in India today is land acqusition for industry. The Centre is drafting a new Bill on the issue, but land is a state subject, and different states have different land acquisition policies. The Bill can at best provide an enabling framework.

Don't cut me off with a shilling

The matter was to come up for hearing on June 27, but has been deferred by nearly three weeks as the KoPT authorities sought more time to submit their response.

Orissa HC to hear PIL on KoPT limits extension on July 15

Appu Hotels, owner of Le Meridian Hotels in Chennai and Coimbatore, is planning to open three more hotels in the next two years with an investment of Rs 500-600 crore. The company is also exploring possibilities of acquiring properties in Europe and the US apart from other states in India.

Appu Hotels to invest Rs 500 cr in three hotels

Chennai-based Hotel Radha Pvt Ltd, which owns Chariot Beach Resort at Mahabalipuram near Chennai, is planning to set up four high-end luxury resorts in various tourist destinations in Tamil Nadu with an investment of around Rs 65 crore.

Hotel Radha to set up four luxury resorts

Soup n Salad, a Chennai-based restaurant is planning to raise money from a private equity (PE) or venture capital (VC) for its proposed expansion. The food and beverage chain was promoted by Bharath T Rameash, is also planning entry into retail products.

Soup n Salad looking to raise up to Rs 10 cr

Ten Square Pvt Ltd, a city-based real estate developer, is planning four projects in Tamil Nadu and Karnataka with a cost of around Rs 350 crore in next three years.

Ten Square lines up Rs 350 cr projects in TN, Karnataka

Major players in the glass industry have lined up investments worth Rs 7,000 crore for capacity expansion and new technologies over the next 2-3 years.

Glass industry lines up Rs 7,000 cr

As part of WOW (Wealth out of Waste), an initiative by cigarette-to-hospitality player ITC Limited in association with city-based Ramky Group, the former will be launching a campaign to nurture 100,000 trees by recycling 5,000 tonne of paper across the Hyderabad city and approaching citizens, students, corporate houses, business establishments to donate recyclables.

ITC to nurture 100,000 trees in Hyd

This year, the new branch would only offer a two-year postgraduate diploma in management (PGDM) course with an intake of 120, for which admissions have been completed as part of a centralised process covering all its branches. Apart from Ghaziabad, it already runs B-schools at Nagpur and Dubai.

IMT comes to Hyderabad

A row over the financial performance of state PSUs in Kerala is brewing as the ruling United Democratic Front (UDF) alleges that the&nbsp;better performance was just window dressing. The Left Democratic Front (LDF) says that during their tenure (2006-11), there has been a turnaround in the financial performance of PSUs and this was one of the&nbsp;focal points of their campaign in the election.

PSU performance takes centre stage

A meeting of the board of directors of Infopark has given its approval to the development of the proposed second phase of Infopark. The development would be spread over 160 acres of land in Kunnathunadu and Puthencruz villages of Ernakulam district.

Infopark Phase-II gets green signal

Shivraj Singh Chouhan government today decided to provide relief to domestic power consumers by abrogating energy development cess and by rationalising electricity duty. The electricity duty is under debate for more than a decade.

MP reduces electricity duty, abolishes cess

Uttar Pradesh traders today took to the streets, protesting the recent fuel price hike and burnt effigy of the central government.

UP traders burn effigy to protest fuel price hike

Looking at Belgaum district for wind, Bijapur, Gulbarga for solar PV projects.

NTPC to play big role in renewable energy sector

In a major boost to Orissa's power sector, the Union ministry of environment and forests (MoEF) today cleared six coal blocks linked to the power projects of Orissa Power Generation Corporation (OPGC), National Thermal Power Corporation (NTPC) and the 4000 MW Ultra Mega Power Project (UMPP) proposed in the state.

MoEF lifts 'no-go' status from coal blocks linked to UMPP, NTPC & OPGC

Bangalore-headquartered pharmaceutical company Strides Arcolab has entered into an agreement with Bio-XCell of Malaysia to set up a facility in Malaysia to manufacture biopharmaceuticals and sterile injectables. Bio-XCell is a biotechnology park in Iskander Malaysia, which provides an ecosystem for industrial and health manufacturing and R&amp;D. The project is jointly developed by Malaysian Biotechnology Corp and UEM Land Holdings Ltd.

Strides plans facility in Malaysia

The Orissa High Court today rejected the public interest litigation (PIL) seeking CBI probe into multi-crore coal scam and directed the state vigilance department to conduct thorough investigation into the matter.

HC rejects plea for CBI probe into coal scam

The names of eminent persons, except for two for the 10-member Presidency Mentor Committee set up by West Bengal Chief Minister Mamata Banerjee to revive the glory of Presidency University, were announced today.

Names of members of Presidency Mentor Committee announced

Press Trust of India

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