Tamil Nadu is expected to be among four states that would majorly benefit from a central project to run ethanol-run buses. Launching India's first ethanol-run bus in the city on a pilot basis, Union Minister Nitin Gadkari has said that a Bill to make provision for running vehicles on bio-fuels and hybrid electric would be tabled in the Parliament in the next session.Gadkari also said that the country can reduce petrol, diesel and gas imports by at least Rs 2 lakh crore annually by using alternative fuels. During the launch at the weekend, the Union Minister for Road Transport, Highways and Shipping said the Centre would provide 200-500 ethanol-run buses to Nagpur Municipal Corporation (NMC) under the 'Green Bus' project."The country imports petrol, diesel and gas worth over Rs 6 lakh crore every year. India can reduce the imports by at least Rs 2 lakh crore by using alternative fuels. Ethanol-run bus project is the first such initiative in this direction."Four states--Uttar Pradesh, Ma

Tamil Nadu could be beneficiary of ethanol-run bus plan

Press Trust of India

Chief minister J Jayalalithaa today announced a slew of projects worth more than Rs 2,000 crore which would bring new amenities and infrastructure upgradation in the industrial and textile city of Coimbatore.The projects announced include 2,912 houses for homeless poor at a cost of Rs 443.55 crore, under-ground drainage and storm water drains in extended areas of city corporation at an estimated cost of Rs 1,555 crore and a Rs 125 crore new integrated bus terminus.She had ordered these projects in continuation of various infrastructure schemes undertaken in the last three years keeping in view the growing population of Coimbatore, the second big city in the state after Chennai, Jayalalithaa said in a release here."A project to recycle building waste (refuse) into useful articles will be implemented for the first time in Tamil Nadu at an estimated cost of Rs.12.80 crore," she said.New buildings for 12 health centres at a cost of Rs 7.04 cr, development of 20 health centres and setting u

TN gives big infra push to Coimbatore

Business Standard

TTK Healthcare, which is strengthening its food division business, expects to begin production at its upcoming Jaipur food unit by the end of the current fiscal.Without directly referring to the investment in the plant, the company had earlier announced its plans to set up an around Rs 40 crore ready-to-fry snack pellet facility.In the company's recent annual general meeting, shareholders were informed the Jaipur facility would see trial production during the last quarter of the current financial year. The facility is coming up on a piece of leased land."Though there was some initial delay, work is now in full swing and the project would be completed by the end of Q3 and the production would commence during the following quarter of the current year. The new plant will have the capability to produce differentiated and value-added products," according to the company's annual report.The company was also in the process of setting up a sales and distribution network for handling the enhance

TTK Healthcare's Jaipur food facility to begin this year

BS Reporter

Lack of clarity on land, infrastructure delay the project

Duggarajupatnam port project hits roadblock

Betting big on the Mumbai's residential redevelopment market, Pune-based realty player Kolte-Patil Developers is expecting nearly 20-30 per cent of its revenues from this market in the next three years, a top company official said.The company has already entered into agreements for three redevelopment projects in Mumbai's western suburbs that has total area of over six lakh sqft and is eyeing a few more in areas such as Dadar-Chembur belt, Worli, Mulund, Khar, Bandra and Santacruz."With a strong vision to expand in Mumbai, we are looking at the huge scope available in the redevelopment segment. This strategy has proved to be very effective, and we are confident that this will reap rewards across markets," Group Chief Executive Sujay Kalele told PTI here.He said the company is also in advance stages of entering into an agreement for a fourth redevelopment project.However, he did not disclose further details.He said there are around 52,000 buildings that can come up for redevelopment in

Kolte-Patil Developers eyes 30% revenue from Mumbai market

Claiming that the Congress was "allergic" to it, a Gujarat minister has said the previous UPA government had a "discriminatory" attitude towards the state which hampered its growth prospects and prevented it from performing better than it had done.Gujarat's Finance Minister Saurabh Patel said clearances to a large number of programmes and proposals besides other dues of the state were denied to it during the Manmohan Singh government and things have started to change since the Narendra Modi dispensation took over three months ago."I can tell you, there were environment issues which we were not getting permission from the Centre from ages....Look at everything, the revenues, oil royalty. What happened? Rs  10,000 crore they did not give us," said he.Patel, who earlier served in the Modi Cabinet in Gujarat, said the state was getting oil royalty at the rate which the Atal Bihari Vajpayee government had formulated, resulting in big revenues for the state.Suggesting that that decision had

Congress was allergic to Gujarat: Saurabh Patel

Karnataka is expected to be among four states that would majorly benefit from a central project to run ethanol-run buses. Launching India's first ethanol-run bus in the city on a pilot basis, Union Minister Nitin Gadkari has said that a Bill to make provision for running vehicles on bio-fuels and hybrid electric would be tabled in the Parliament in the next session. Gadkari also said that the country can reduce petrol, diesel and gas imports by at least ~2 lakh crore annually by using alternative fuels. During the launch at the weekend, the Union Minister for Road Transport, Highways and Shipping said the Centre would provide 200-500 ethanol-run buses to Nagpur Municipal Corporation (NMC) under the 'Green Bus' project. "The country imports petrol, diesel and gas worth over ~6 lakh crore every year. India can reduce the imports by at least ~2 lakh crore by using alternative fuels. Ethanol-run bus project is the first initiative in this direction. "Four states-- Uttar Pradesh, Maharashtr

Nagpur gets India's first ethanol-run bus

Demand from West Asian countries responsible for spurt in export

Groundnut exports jump 50% in April-July

After delivering 600 metro cars to Delhi metro, Savli site got its first export order in June 2012 only three years after starting production

Bombardier to develop Savli facility as export hub

Connect Maria Sharapova with the Indonesian word for tiger and what do you arrive at? What are these: Mother Surge, Mother Big Shot, Mother V8 Powered, Mother Green Storm, and Mother Revive? The CEO of this company asked his young recruits to adopt a name from the martial arts and chivalry fantasy novels authored by a person who founded a newspaper in Hong Kong in 1959, an OBE honouree and after whom Asteroid 10930 is named. Name the CEO, his company and the author. This sticky brown mixture used by Indian women to beautify their skin gets its name from the historic use of the material for cleaning or 'fulling' wool by textile workers called 'fullers'. Archaeologists in India have found a formula in a 16th century Moghul journal that combines this mud with soil, cereal, milk and lime to remove the corrosive effects of industrial pollution. Give its Indian name and also mention the monument that is being cleaned with it. Who said: "Your mind is software, program it. Your body is a shel

The Strategist Quiz (#371)

The first Otis elevator was fitted at Raj Bhawan in Kolkata in 1892 and Carrier's first air conditioning installation was at the Rambagh Palace in Jaipur in 1930. Both of them are now part of United Technologies. Open Skies, a transatlantic airline owned by British Airways (BA) that is headquartered in Rungis, Paris. It mostly flies to New York & Newark from Paris and has no economy seats. Fiat Chrysler Indi. Enron. Its SPVs were Chewco Investments L. P, named after the Star Wars character Chewbacca, because it was created to hide losses from the Joint Energy Development Investment Limited, known by its acronym "JEDI". Future Group, which owns the Bengal Warriors, is conducting Kabbadi matches outside its Big Bazaar outlets in West Bengal to spot talent for its team. Queen Elizabeth II. On March 26, 1976 the ARPANET, the computer network that eventually morphed into the internet, had just come to the Royal Signals and Radar Establishment, a telecommunications research cent

Answers to last week's quiz (#370)

Chinese artist Liu Bolin's unique style of performance art has him being painted to blend entirely into various backgrounds

See me if you can

After Pakistan's High Commissioner Abdul Basit held a meeting with Kashmiri separatists, despite warnings by the Indian Foreign Secretary Sujatha Singh, India has called off the foreign secretary-level talks with Pakistan. The talks were supposed to be held on August 25 in Islamabad and would have been the first official-level dialogue between the Narendra Modi-led government and Pakistan's administration. Avantika Bhuyan speaks to G Parthasarathy, former Indian high commissioner to Pakistan, about the relevance of such talks and an alternative but constructive method that would help improve relations between the two countriesIn the past, have these talks helped improve relations between the two countries?In 1994, the then-prime minister Benazir Bhutto decided to end all talks with India. Diplomatic contacts, however, remained. Ministers and officials of the two countries met and interacted at SAARC and other multilateral meetings. While Pakistan continued its proxy war in Jammu &

It is misleading to claim that dialogue helps reduce instances of terrorism: G Parthasarathy

The loss in England has led to calls for the axing of Mahendra Singh Dhoni as India's cricket captain. However, Team India needs to take collective responsibility

Culprit or scapegoat?

Leading stock exchanges, BSE and NSE, will drop United Spirits from the future and option segment from September 19 as the company failed to comply with listing agreement including timely submission of financial results.
     In a similar-worded circulars, BSE and NSE said "United Spirits Ltd has not submitted financial results for the year ended March 31, 2014 and quarter ended June 30, 2014 as required under Clause 41 of the listing agreement."
     Consequently, the exchanges have decided to exclude United Spirits from equity derivatives segment.
     It further said that no fresh month contracts for the expiry month November shall be issued on expiration of existing August month contract.
     In fact, all the existing contracts i.E. Contracts with expiry month September and October will expire on September 18, 2014.
     Accordingly, "no future and option (F&O)contract on scrip United Spirits Ltd shall be available for trading on equity Derivative segment of the exchange with ...

NSE, BSE to exclude United Spirits from F&O segment

With a view to encourage small enterprises, MSME Minister Kalraj Mishra today asked states to contribute ~100 crore to Credit Guarantee Fund Scheme under which ~1,000 crore collateral free loan could be provided to such units in the respective states."If you provide ~100 crore for this, a collateral free loan of ~1,000 crore would be offered for promotion of Micro, Small and Medium Enterprises (MSME) under the Credit Guarantee Fund Scheme," he said at national conference of state ministers for industry and MSME here."This initiative has been taken by Kerala and Chhattisgarh and I invite the other states to follow," he said.Besides, he said, the Ministry is working on the simplification of process for setting up an enterprise and online registration of MSME units.For this, the application forms should be consolidated into one unified form and such forms should be filed online. The Ministry has taken an initiative in this direction, he said."While the Ministry is making all out efforts t

Centre asks states to provide corpus for MSME fund

A towering figure in the world of letters, Udupi Rajagopalacharya Ananthamurthy, who died here today, was modern in his sensibilities and intellectual underpinnings in his literary works questioned many deeply-held beliefs. Like his literary works, Ananthamurthy's strong political views were also striking, often landing him in unseemly situations and controversies. A multi-faceted personality and rated as one of the best writers in the country, 82-year old Ananthamurthy has won acclaim from critics and fans alike. In his literary life, the Kannada writer has won the Padma Bhushan in 1998, Jnanpith award in 1994, the state Rajyothsava award in 1984, while his nomination for the 2013 Man Booker International Prize brought him to the attention of a Western audience. He was also the Vice-Chancellor of Mahatma Gandhi University in Kerala during late 1980s. A socialist in political belief, he also tried to dabble in politics contesting the Lok Sabha and Rajya elections once each unsuccessful

Ananthamurthy, a towering literary figure

The Water Resources Department cautions about floods in the state

Ganga reaches danger level mark in Bihar

J C Pal, a professor and a doctor by profession, who is also a BJP leader, lodged complaint with Muchipara police station under Kolkata Police against Majhi

BJP files police complaint against Trinamool leader

Additional Chief Secretary issued circular directing the head of the departments to direct the employees to wear helmet compulsorily while riding two-wheelers

Government feels motor vehicle act exempts Chhattisgarh employees

JSW had signed an agreement with West Bengal for Rs 35,000 crore investment for 10 million tonnes of steel and captive power plant at Salboni

JSW Bengal says Salboni project hinges on govt support

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