Symbiosis International University, Pune, which is setting up its campus near Hyderabad to initially offer business management courses, said it would gradually develop it into an independent university once the private universities Bill is enacted.

Symbiosis Hyd campus to be ready by next year

Business Standard

The Indian Statistical Institute in Kolkata achieved a record placement this year with the highest offer of Rs 11 lakh per annum being 30 per cent higher than the previous year's record offer.

Placements hit new highs at ISI

Leading IT solutions and consulting firm Cognizant has as entered into a three-year agreement with the Massachusetts Institute of Technology (MIT) Center for Digital Business to fund research on the impacts of new technologies in communications, information, media and entertainment (CIME) industries.

Cognizant ties up with MIT

With rising gold prices rendering the age-old labour charges of Rs 100 to 250 per gram as peanuts, Rajkot-based jewellers have decided move on to market price-based labour costs. Henceforth, the jewellers have decided to charge labour rates in the range of 15-20 per cent of the prevailing market price of gold used in the jewellery.

Now, gold prices to decide jewellery making charges

Japanese sanitaryware maker, Toto Global Group is looking at Indian equipment suppliers and civil contractors for its proposed manufacturing facility in Halol, Gujarat. By doing this, the company expects to bring down the installation cost by at least 50 per cent against bringing the machinery from other countries.

Toto looks at Indian suppliers for Halol plant

Tetra Pak, the processing and packaging company, provider for liquid food manufacturing, is setting up a new packaging material factory in India at Chakan, near Pune.

Tetra Pak to set up packaging plant at Chakan

Says CPI(M) is hatching conspiracies and spreading canards as it is restless being out of power

Left Front was a mountain of corruption: Mamata

Press Trust of India

The group is selling off unprofitable businesses and narrowing its focus to raise revenue ten fold by 2021

Godrej goes back to the core for growth

Indian printing industry pegs at $16 bn, of which south India accounts for around 35%, and is growing at a rate of between 10% and 15% y-o-y

Industry body seeks limit on old printing machine imports

Says during the first two quarters of the fiscal, growth in state domestic product was higher than the national GDP

WB growing at a higher rate than India: Mitra

The company in talks with Bangladesh govt

Numaligarh Refinery eyes Bangladesh market to sell diesel

The Odisha government has clarified that unavoidable delay in obtaining statutory clearances and land acquisition have affected timely financial closure of various projects in the pipeline in the state.The state has come out with this clarification following allegations of the Comptroller and Auditor General (CAG) that the companies, proposing to set up their projects in the state, were not adhering to the timeline for financial closure as mentioned in the MoUs.â€œThe purpose of the MoU (memorandum of understanding) is to provide comfort to the investors. Since land is the main constraint for implementing the project besides other statutory clearances, there has been unavoidable delay at times to adhere to timely financial closure. Some delay has been caused because of local resistance as well,â€ the state government stated in its compliance to CAGâ€™s observations. Citing audit check of 19 MoU signed steel players, the CAG had pointed out that none of the prom

Odisha refutes CAG charges on delay in financial closure

BS Reporter

The Andhra Pradesh High Court on Monday advised the state government to review the relevance of the AP Microfinance Institutions (Regulation of money lending) Act 2011 in the light of the guidelines issued by the Reserve Bank of India (RBI) and a central Bill that was awaiting Parliament's approval.

AP high court refuses to intervene in MFI Act

State government to file review petition in SC; Opposition seeks change of lawyers

Cauvery water rocks assembly

Business Octane, a Gurgaon-based enterprise collaboration and learning accelerator solutions provider, is planning to invest $50 million to set up 30 executive experience centres (or demonstration centres) globally in the next three years, to showcase the capabilities of its new Immersive TeleAllpresence suite of products to top corporate executives as well as representatives of various governments.

Business Octane to invest $50 mn to set up 30 demo centres

Steel Exchange Q2 net up 52%

The Airports Authority of India (AAI) is ready to house a new cargo terminal on an outsourcing model at the Chennai airport by revising its master plan.However, this will materialise only if a report of the Centre for Asia Pacific Aviation (CAPA) on the modernisation of the airport is accepted by the authority, said GK Chaukiyal, member (operations), AAI.â€œIn our Phase-II development, we are open to having a new cargo terminal on an outsourcing model in the Chennai Airport,â€ he told reporters here.Chaukiyal was addressing  stakeholders of the air cargo industry during an interactive session organised by the Southern India Chamber of Commerce and Industry and Chennai Custom House Agent's Association, in association with Air Cargo Agents Association of India.The decision on acceptance of the report would be taken in two weeks. The study looked into the actual potential of the Chennai airport, both in terms of passenger and cargo freight.

Chennai airport may outsource cargo terminal

The Business Standard Smart Business conference, organised in Chandigarh in association with National Stock Exchange (NSE) and Chandigarh-based Citizen Awareness Group last week, made investors aware of their rights and optimum use of technology in the securities market.

Investors get market insights at Business Standard Smart Business

Only about 6 per cent of the total Rs 3.92 lakh crore committed in the Global Investorsâ€™ Meet (GIM) of Karnataka in June 2010 has come on stream till date.According to Large and Medium Industries Minister Murugesh R Nirani, the government had signed MoUs for 389 projects with a committed investment of Rs 3.92 lakh crore and employment generation potential of 735,000 at the event.Of them, 44 projects with an investment of Rs 21,291 crore generating 24,930 jobs have been implemented till date, he said in reply to an unstarred question from Sarvabhouma Bagali (BJP) in the legislative assembly. In GIM-2012 held in June of that year, MoUs were inked in regard to 751 projects with an investment commitment of Rs 7.20 lakh crore and generation of 1.89 million jobs.Eighteen projects with an investment of Rs 4,807 crore with 7,671 jobs have been implemented in this regard.

Only 6% of Rs 3.92 lakh cr promised in GIM-2010 on stream

Power, and not paddy, may be the new identity of Janjgir-Champa, Chhattisgarhâ€™s largest irrigated district.

Chhattisgarh's Janjgir-Champa district to have 34 power plants

Massive target to test the effectiveness of procurement agencies & storage capacityBuoyed by robust procurement last year, the Uttar Pradesh government has upped its wheat procurement target for 2013-14 by over 40 per cent to six million tonnes (mt).Compared to 4.2 mt target during the last rabi marketing season, the wheat procurement target would be 1.8 mt more this year. The procurement will start from April 1 to June 30.Earlier, there were talks of even fixing the procurement target to 7.5 mt, but now the target has been revised.The massive target would test both the effectiveness of the state procurement agencies and the storage capacity, which continues to be lacking in quality and space. Besides, the agencies would need sufficient funds for making payment to farmers in lieu of procurement.State Chief Secretary Jawed Usmani had directed officials to prepare a comprehensive action plan for the higher procurement target, so

UP wheat procurement target up 40% to 6 mt

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