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Meghalaya, Assam top northeast EXIM trade
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Assam's world famous tea and Meghalaya's coal have elevated the two states as leaders in EXIM (export-import) trade in the northeast during 2010-11, says a customs official.
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HSIIDC to allot industrial plots at Faridabad
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The Haryana State Industrial and Infrastructure Development Corporation Ltd (HSIIDC) has decided to allot 539 industrial plots of various sizes at IMT Faridabad.
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RIL signs $400m loan deal with SACE
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Energy giant Reliance Industries Ltd (RIL) has approached the international markets again, this time to raise funds for its ambitious $11 billion (Rs 55,000 crore) Jamnagar phase three expansion project, popularly called as J-3 mega petrochemicals project
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Infosys, TCS setting up units in M.P.
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With IT majors like Infosys and TCS gearing up to enter Madhya Pradesh’s commercial town of Indore, the state is trying to position
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Rourkela Steel records best January production
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Rourkela Steel Plant, a unit of the state-run Steel Authority of India Limited (SAIL), Thursday said it has registered the best performance in hot metal production in January.
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Failure to revive Bokajan cement factory draws flak
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Given the failure of Cement Corporation of India, Bokajan to revive itself in seven years despite being subjected under Board for Industrial and Financial Reconstruction (BIFR) vide case No 501/96 for availing benefits of revival packages, several hundred employees and their dependents now fear seeing the last days of the Bokajan cement factory.
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Led by Maruti Suzuki, carmakers like Hyundai, Tata Motors & Toyota post robust sales in January
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Domestic car sales accelerated for the third straight month in January, with the country's largest carmaker, Maruti Suzuki, posting its first rise in eight months.
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Car sales start new year with modest growth
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Car sales entered the new year on a cautious note as high interest rates and petrol prices continued to suppress demand and incremental volumes flowed in from new-year discounts.
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Armani to enter desi homeware market
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Iconic Italian luxury brand Giorgio Armani is looking to bring its high-end homeware and furnishings retail stores to India in the next one year.
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Manufacturing in Jan grows fastest in 8 months
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The country's manufacturing sector expanded at its fastest pace in eight months in January on the back of a sharp increase in new orders
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Odisha: Tension at JSPL plant site reached on 8th day: No solution find out
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Tension mounted at the plant site of Jindal Steel & Power Limited (JSPL) in Angul is now reached 8th day. But no final solution came till date. Day to day the situation going to critical point.
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India Jute Mill to reopen today
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India Jute Mill in Sreerampore will reopen tomorrow after remaining closed for nearly one year. An agreement in this regard was signed today, state labour minister Purnendu Bose said after a tripartite meeting
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India's factory PMI jumps to 8-month high in Jan
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India's manufacturing sector grew at its fastest pace in eight months in January as factory output surged the most on record on increased domestic and foreign demand, a business survey showed on Wednesday.
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IKEA, govt discuss FDI norms
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The CEO of Swedish furniture and home-ware retailer IKEA will visit India soon to hold discussions with officials on the rules set for the single brand retail sector and stressed that India remains an important market for the firm.
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Last-ditch move to push India-EU FTA?
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Prime Minister Manmohan Singh has convened a meeting of external affairs minister S M Krishna and commerce and industry minister Anand Sharma this week ahead of the India-EU Summit on February 10.
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HC order on CNT Act worries corporates
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The recent directive of the Jharkhand high court for strict implementation of the Chhotanagpur Tenancy Act (CNTA) has worried the corporate houses here.
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VAT conference turns ugly in Jamshedpur
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A conference convened on Monday by the state commercial tax department to discuss enhancement and amendments to VAT turned ugly when traders raised issues on the shortcomings in the system
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Haryana allows conversion of industrial plots, transfers industrial estates to HSIIDC
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In a significant move, the Haryana government has decided to allow conversion of industrial plots for non-industrial use, in industrial areas.
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DIPP told to set rules for FDI in power exchanges
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The government has set the ball rolling for foreign direct investment (FDI) in power exchanges.
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Last-ditch move to push EU FTA?
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Prime Minister Manmohan Singh has convened a meeting of external affairs minister S M Krishna and commerce and industry minister Anand Sharma this week ahead of the India-EU Summit on February 10.
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Core sector growth slows to 3.1% in December
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The country's key infrastructure sector rose 3.1% in December, much slower than the previous month's revised 6.7% expansion, pointing to sluggishness in the industrial sector.
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Starbucks in deal with Tata Global Beverages; to open first cafe in India by August-September
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Starbucks Corp will open its first coffee shops in India in August or September, a year later than originally planned, and aims to have 50 outlets by year-end through a tie-up with the Tata group, the country's biggest business house.
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Pulses industry demands lifting ban on exports
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The pulses industry demanded the government to lift the ban on the export of pulses. The government imposed the ban on export of pulses some five years back.
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ASSOCHAM for steel product import duty hike
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Industry body ASSOCHAM Wednesday called for raising import duty on steel products from the prevailing five per cent to a minimum of ten per cent so that domestic manufacturers can withstand growing imports
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Retail, govt to drive enterprise IT spend in India: Gartner
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Information technology industry, which is spending sleepless nights following bleak forecasts for North America and Europe, has a reason to smile. Indian enterprise IT spending across all industries
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