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News about SEZs

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  • IOC eyes Tata's Gopalpur industrial park for common user facility - All Companies Stories    (2017-10-19T18:30:00Z)
    Oil marketing company Indian Oil Corporation Ltd (IOCL) has identified Gopalpur Industrial Park of Tata Steel as a possible site for setting up a common user facility in Berhampur. Tata Steel is the anchor tenant for the park where it has invested Rs 542 crore on a ferro chrome project with an annual capacity of 55,000 tonnes per annum "We have sought land from the state government for setting up a common user facility in Berhampur. The government has requested us to take land at the Goplapur industrial park of Tata Steel for which we have done a feasibility study. But, no decision has been taken yet as more sites are also being explored", said an IOCL official.IOCL requires about 100 acres of land for the common user facility proposed for supply of kerosene, diesel and petrol. The capacity is envisaged at 77,000 kilo litres and will see an investment of Rs 350 crore.The facility is planned keeping in mind IOCL's underground cross country pipeline of 1150 km length from its ...
  • Govt starts process to take away Rewas port from RIL - DNA: Money    (2017-10-17T18:30:00Z)
    Reliance Industries may soon have give up land to develop proposed port at Rewas near Mumbai. The Maharashtra Maritime Board (MMB) has floated a tender to ascertain the value of the port near Mumbai so that the government can take over the port project from RIL. RIL has planned the port near its proposed special economic zone in Raigad, but scrapped the SEZ, putting the port plan in limbo. "MMB is seeking services from qualified financial consultants to assist them in undertaking a valuation exercise of identified assets either created or acquired including land bank of Rewas Ports and prepare a report accordingly," said an MMB official. At present, RIL arm Reliance Logistics & Ports holds a 55% stake in Rewas Ports Ltd, a special purpose vehicle that was created for development, operation and management of the proposed port. The rest of the stake is held by Amma Lines (24%), MMB (11%) and Jai Corporation (10%). The sole purpose of the valuation report is to compute the value of tangible assets and ...
  • Festive cheer eludes realty sector (Comment: Special to IANS) - All News-IANS Stories    (2017-10-17T18:30:00Z)
    Much against the expectations of the real estate sector, this year's festive season is turning out to be somewhat disappointing for property developers as aspiring home buyers are extra cautious about investments in the backdrop of the slowing economy and unstable realty sector, hit by the short-term impact of the Real Estate Regulation Act (RERA) and the Goods & Services Tax (GST).
  • Why Xi is smiling and Modi isn't - Rediff: Columns    (2017-10-17T18:30:00Z)
    'China has reclaimed, after two years, its mantle as the world's fastest-growing large economy.'
  • ‘Domestic market helps drive interest in SEZs’ - Hindu: Industry    (2017-10-14T18:30:00Z)
    But with MAT, we do lose to Thailand, Vietnam: Sri City MD
  • Move to convert Goa’s coastline into international seaport opposed - Hindu: National    (2017-10-14T18:30:00Z)
    The National Fishworkers’ Forum (NFF), a national-level body spearheading the cause of fisherfolk and coastal communities, on Saturday questioned the intention of the Union Shipping and Ports Minster...
  • Hyd's office space development gets a boost as firms eye large workplaces - Business Standard: News Now    (2017-10-14T18:30:00Z)
    Hyderabad, 15 October: Global financial and tech firms' quest for campus-size office spaces is fueling the demand for Grade A office space in Hyderabad, which has been witnessing higher absorption rates besides the launch of projects of a bigger scale on the back of lower property rates. "The large global firms are looking for Grade A office space with a starting size of 0.5 million square feet in a single location and some may even require 1-2 million square feet considering their growth needs," Thirumal Govindraj, managing director of office space developer RMZ Corp told Businss Standard.The Bangalore-based company is currently doing a large commercial project named 'The Sky View' in the city in partnership with homegrown business house MyHome Group.The back-end operations and technology development centers of several global firms in the city are spread across different locations as these companies gradually increased the local head count as part of expansion over a period of time. .
  • Don’t plan new projects along Goa’s coastline, warn fishworkers - Hindu: States    (2017-10-13T18:30:00Z)
    On Friday, Nitin Gadkari said there were plans to develop a SEZ for tourism, trade from Vengurla to Karwar
  • Global tribes to add flavour to Tata Steel's tribal conclave - Business Standard: Companies & Industry    (2017-10-10T18:30:00Z)
    After launching the annual tribal conclave Samvaad in 2014, steel behemoth Tata Steel is taking the calendar event this year to the international level with participation of foreign nationals.Tribals from Australia, Canada, Zimbabwe, Laos and Kenya are slated to attend the event christened 'Samvaad' or 'Engaging in Conversation' this year to be held in Jamshedpur between November 15 and 19.Tata Steel's manufacturing facilities and mining operations in the tribal belts of Jharkhand and Odisha in the eastern part of India are central to the company's business."This year, we are giving an international flavor to the Samvaad. We are getting aboriginals from Australia and first nation tribals from Canada. Tribals from Laos, Kenya and Zimbabwe will also be attending it. About a dozen delegates from international countries will be here for exchanging of cultures, identifying issues and its solutions", said Biren Bhuta, chief of CSR at Tata Steel.He said, the presence of foreign tribals will .
  • ANSR Consulting to bring GICs to Vizag, gets 10 acres from AP govt - All Economy & Policy Stories    (2017-10-10T18:30:00Z)
    BS ReporterHyderabad, 11 October: Bangalore-based ANSR Consulting, which has brought at least 20 global inhouse or captive units(GICs) to India so far, has announced Visakhapatnam as its next big base to locate the in-house technology development operations of global companies.Andhra Pradesh cabinet at its meeting late on Tuesday evening approved the allotment of 10 acre land in government SEZ at Madhuravada to the company, which has promised to invest as much as Rs 1,000 crore and create 10,000 jobs in a course of 6 years. The decision by Lalit Ahuja-founded company comes as a big boost for the ongoing efforts of the state government at making this port city an alternative technology services hub in South India. This is also the first major response to AP government's separate policy formulated in June for attracting the GIC operations to the state.The state cabinet has approved the allotment land while relaxing the policy conditions. As per the new condition, the project proponent ..
  • Behind Tesla's production delays: Model 3 parts being made by hand - News    (2017-10-06T18:30:00Z)
    Tesla introduced the Model 3 at an event outside the company's factory in July
  • Zydus Cadila gets US FDA nod to market anti-depressant drug - HBL: Companies    (2017-10-06T18:30:00Z)
    Drug firm Zydus Cadila has received final approval from the US health regulator to market Amitriptyline hydrochloride tablets used for treatment of depression in the American market. The company h...
  • Zydus Cadila's anti-depressant drug gets US regulatory nod - All News-IANS Stories    (2017-10-06T18:30:00Z)
    Pharmaceuticals major Zydus Cadila on Saturday said it received approval from the US Federal Drug Authority (USFDA) to market Amitriptyline Hydrochloride tablets for the treatment of depression.
  • South China Sea important for Vietnam, others, says envoy - Sify News    (1969-12-31T18:30:00Z)
    [India], Oct. 7 (ANI): Vietnam's Ambassador to India, Ton Sinh Thanh, on Saturday said the South China Sea is important not only for countries in the region, but also for countries outside the region.
  • South China Sea important for Vietnam, others, says envoy - New Kerala: World News    (2017-10-06T18:30:00Z)
    Port Blair (Andaman and Nicobar Islands) , Oct. 7 : Vietnam's Ambassador to India, Ton Sinh Thanh, on Saturday said the South China Sea is important not only for countries in the region, but also for countries outside the region.
  • Zydus Cadila gets USFDA nod to market antidepressant drug - ET: Pharma    (2017-10-06T18:30:00Z)
    "The group now has more than 160 approvals and has so far filed over 300 abbreviated new drug applications (ANDAs) since the commencement of the filing process by the company," it added.
  • Zydus Cadila gets USFDA's final approval to market antidepressant drug - Latest News    (2017-10-06T18:30:00Z)
    The drug, used in treating depression, will be manufactured at the group's formulations facility at SEZ Ahmedabad
  • Stakeholders' consultation on exports with Minister for Commerce and Industry, Shri Suresh Prabhu - New Kerala: Business India    (2017-10-06T18:30:00Z)
    New Delhi : The Commerce and Industry Minister Shri Suresh Prabhu today held a Stakeholders' Consultation with leading Exporters, Export Promotion Councils, Associations and Local Chambers with a view to give a fillip to the export sector. The Minister for Textiles and Information and Broadcasting, Smt. Smriti Zubin Irani, and the Minister of State for Commerce and Industry, Shri C R Chaudhary, the Commerce Secretary, the Secretary, Department of Industrial Policy and Promotion and the DGFT also participated in the discussions. The consultation was jointly organized by the Ministry of Commerce and the FIEO.
  • GST Council meet: Diwali comes early for SMEs, exporters - Business Standard: Front Page Headlines    (2017-10-06T18:30:00Z)
    GST Council cuts rates on 27 items, eases compliance burden on small firms; working capital relief for exporters; e-way Bill deferred till April
  • Stakeholders’ consultation on exports - Govt of india: PIB    (2017-10-05T18:30:00Z)
    The Commerce & Industry Minister Shri Suresh Prabhu today held a Stakeholders’ Consultation with leading Exporters, Export Promotion Councils, Associations and Local Chambers with a view to give a fillip to the export sector.
  • ‘Redesign stormwater drains in Perumbakkam’ - Hindu: Cities    (2017-10-05T18:30:00Z)
    Residents of KAMPERS say rainwater is not draining properly into the SWDs
  • Exports from SEZs up 15.4% in April-June quarter to Rs 1.35 lakh cr - Latest News    (2017-10-02T18:30:00Z)
    Exports grew about 12% to Rs 5.24 lakh cr in 2016-17 as against Rs 4.67 lakh cr in the previous financial year
  • Exports from SEZ in fast lane, up 15.4% in Apr-Jun - ET: Foreign Trade    (2017-10-02T18:30:00Z)
    2016-17 as against Rs 4.67 lakh crore in the previous fiscal.
  • Adani plans an international airport at Mundra - Rediff: Business    (2017-10-02T18:30:00Z)
    The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
  • 5 lakh sft area available for plug and play operators - Hindu: Cities    (2017-10-02T18:30:00Z)
    Centre denotifies IT SEZ on Hill No. 2 of Madhurawada


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