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A new concept in the making — P&O to develop port, SEZ in Bengal
AS part of its global initiative to broaden the syntax of port development projects by linking them with real estate development to create synergy, P&O Ports will be taking up the country's first mega project in West Bengal envisaging ...
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Interim Budget on Feb 3
THE suspense over early Lok Sabha polls is over, with the Government convening a short session of the two Houses of Parliament to present and pass the vote-on-account of the Railways and the General Budget. Briefing presspersons here on ...
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Chinese bikemaker Lifan to set up facility here
THE Rs 22,000-crore Lifan Group, which is based in China, is planning to set up a facility in India to produce its range of motorcycles. "The facility will be set up either via a joint venture with a local partner or through a fully-owned ...
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FM cos told to pay up licence fees
THE Information and Broadcasting (I&B) Ministry appears to have declined all requests to defer payment of licence fees even as it is working overtime to complete the reform process in the FM radio business before the forthcoming general ...
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Foreign cos can set up subsidiaries in SEZs
THE Reserve Bank of India has granted general permission to foreign companies to establish branch offices/subsidiaries in special economic zones (SEZs). These companies may undertake manufacturing and service activities, subject to certain ...
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Forex reserves up $1.7 b on $ mop-up, inflows
THE steady spate of dollar inflows continues into the second week of the new calendar year, making the country's forex kitty stronger by over $3 billion in a mere 10 days. The forex reserves have once again surged by over $ 1.5 billion in a ...
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