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News about SEZs

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  • PNB fraud case: ED probes 250 shell companies linked to Nirav Modi, Mehul Choksi that may have laundered money - Latest News India on Firstpost    (2018-02-18T18:30:00Z)
    Enforcement Directorate (ED) sleuths are examining details of over 250 shell firms linked to Nirav Modi, his brother and Mehul Choksi, which they suspect were used to move ill-gotten financial assets after they defrauded state-owned Punjab National Bank of Rs 11,360 crore
  • GST good for logistics but GSTN glitches, compliance major issues: Ficci - Sify Finance    (2018-02-17T18:30:00Z)
    Implementation of the Goods and Services Tax (GST) has had a positive impact on the logistics of businesses, while glitches in the GSTN portal, cumbersome procedures and cost of compliance remain major areas of concern, industry body Ficci said on Sunday, citing its survey in this regard.
  • GST good for logistics but GSTN glitches, compliance major issues: Ficci - All Economy & Policy Stories    (2018-02-17T18:30:00Z)
    In the survey, the multiplicity of registrations was a concern as a separate registration is now required with every state where service is being provided
  • Stage set for 'Magnetic Maharashtra', PM to inaugurate - All News-IANS Stories    (2018-02-16T18:30:00Z)
    The stage is set for the ambitious three-day long "Magnetic Maharashtra: Convergence 2018" conclave which will be inaugurated by Prime Minister Narendra Modi here on Sunday, officials said.
  • Tripura, bastion of CPM, is low on development but high on social and health indices - Latest News India on Firstpost    (2018-02-16T18:30:00Z)
    Tripura, the north-eastern Indian state that goes to the polls on Sunday, 18 February, 2018, is the bastion of the Communist Party of India-Marxist (CPM).
  • Nirav Modi: A chequered history - Hindu: Home    (2018-02-15T18:30:00Z)
    Mumbai: Nirav Modi is no stranger to breaking the law. In December 2014, officers of the Directorate of Revenue Intelligence (DRI) received information that M/s Firestar Diamond International Ltd, ow...
  • NMMC announces Rs 1000 reward for citizens who report debris - General News    (2018-02-14T18:30:00Z)
    In a bidto keep Navi Mumbai clean and to prevent haphazard dumping of debris,the Navi Mumbai civic body has announced a Rs 1000 reward for bringing to its notice such practices with actual photographs. An NMMC (Navi Mumbai Municipal Corporation) spokesperson today said anyone who exposes people or vehicles dumping debris or garbage illegally across Navi Mumbai or in non-designated areas will be given a cash award of Rs 1,000. "The civic body is encouraging people to take photographs of vehicles dumping debris and share them with us. We will not only act against the vehicle owner or the person who dumps it, but will also ensure that the debris will be removed from the spot. "Once we identify such vehicles by its registration number, we will be able to crack ship on those who are defacing the city and thwarting our efforts to keep the city neat and clean," the spokesperson said, adding that identity of citizens will not be disclosed. The idea was proposed by NMMC ...
  • PNB scam: ED raids offices, properties of diamond trader Nirav Modi - Sify Finance    (2018-02-14T18:30:00Z)
    A day after a massive $1.8 billion fraud was unearthed in a PNB branch here, the Enforcement Directorate on Thursday launched a nationwide raid on the offices, showrooms and workshops of billionaire diamond trader Nirav Modi.
  • Jai Corp reports standalone net profit of Rs 4.57 crore in the December 2017 quarter - General News    (2018-02-14T18:30:00Z)
    Sales rise 8.82% to Rs 146.77 crore
  • Magnetic Maharashtra: govt. hardsells IIAs to replace SEZs - Hindu: Home    (2018-02-14T18:30:00Z)
    Incentives are in store for interested parties, but SEZ land will have to be denotified
  • ‘Centre preferred Ahmedabad to Mumbai’ - Hindu: News    (2018-02-13T18:30:00Z)
    Senior State Minister questions decision to deprive Mumbai of international financial centre status
  • Despite Setbacks, Battle Over Land Rights Continues in Telangana’s Vemulaghat - The Wire    (2018-02-12T18:30:00Z)
    "We will fast for as long as we have to,” say protesting farmers who face displacement, even as the Kaleshwaram irrigation project has already received environmental clearance. The post Despite Setbacks, Battle Over Land Rights Continues in Telanganas Vemulaghat appeared first on The Wire.
  • Commerce ministry cancels 8 projects of Navi Mumbai SEZ - General News    (2018-02-12T18:30:00Z)
    The commerce ministry has cancelled approval granted to eight special economic zone projects of Navi Mumbai SEZ. The decision to cancel the formal approval to these projects was taken during the meeting of the 'Board of Approval' on February 5. These SEZ projects are facing certain operational and regulatory issues in Maharashtra. The board, highest decision making body on SEZ related matters, has stated that ample time had been given to the developer and state government of Maharashtra for resolving their issues and despite that no concrete action seems to have been taken. "The board, after deliberations, decided to cancel the formal approval granted to the eight SEZs," according to the minutes of the meeting. Earlier the Maharashtra government had sought more time from the Board of Approval (BoA), headed by Commerce Secretary Rita Teaotia, to resolve all the issues faced by Navi Mumbai SEZ Ltd (NMSEZ). The BoA had extended the validity of the formal approval beyond ...
  • EPCES skill development plan to tone up its work culture: Suresh Prabhu - Central Chronicle » Business    (2018-02-12T18:30:00Z)
    Agencies, New Delhi Union Commerce and Industry minister Suresh Prabhu on Monday said the proposed... more
  • Modi effect: India secures deal to use Duqm port in Oman for military access - DNA: Popular News    (2018-02-12T18:30:00Z)
    During Prime Minister Narendra Modi’s visit to Muscat, India managed to secure access to the Duqm port for military access – a move seen by many as strategic and one that sees India expand its footprint in the Indian Ocean region. This was one of the key takeaways of Prime Minister Narendra Modi’s visit to Oman over the last two days. He met Sultan of Oman Sayyid Qaboos bin Said Al Said and an annexure to the Memorandum of Understanding on Military Cooperation was signed between the two countries. According to a report by The Economic Times , The port will act as India's entry point for wider West Asia and Eastern Africa, a welcome development at a time when China has deployed strategic assets in the Indian Ocean Region. The two sides also signed annexure to the MoU on military cooperation. According to Oman News Agency, it envisages the services of Duqm Port and dry-dock for maintenance for Indian military vessels. Secretary-General of Oman's Ministry of Defence Mohammed bin Nasser al Rasbi said there ...
  • Haryana to penalise those abandoning milch cows - All News-IANS Stories    (2018-02-11T18:30:00Z)
    Those abandoning milch cows in Haryana will have to pay a fine of Rs 5,100, a senior officials said on Monday.
  • Will take up issues of SEZs with respective ministries:Prabhu - General News    (2018-02-11T18:30:00Z)
    Commerce and Industry Minister Suresh Prabhu today assured special economic zone developers and units to take up their issues with respective ministries including finance for resolution. Addressing the SEZ developers and units here, he said the ministry is working to identify issues being faced by special economic zones (SEZs). "We are working to find out (ways) to take next step forward. we are having some meetings...to identify the problems. We will work with other ministries, finance ministry particularly," he said here at the function of Export Promotion Council for EOUs & SEZs (EPCES). He said there are some complaints about the misuse of the policy but the industry should move forward by avoiding the pitfalls and capitalising on the best practices of these zones as "the idea (of SEZ) is still valid". The industry has time and again asked the finance ministry to consider restoring tax benefits to these zones for supporting growth of the sector and generating ...
  • Adani Ports' CFO B Ravi resigns - General News    (2018-02-11T18:30:00Z)
    Adani Ports and Special Economic Zone Ltd (APSEZ) today said its Chief Financial Officer B Ravi has resigned from the post. "We hereby inform that B Ravi has resigned as Chief Financial Officer and Key Managerial Personnel of the company w.e.f close of business hours on February 12, 2018," the logistics arm of Adani Group said in a BSE filing. Shares of the company today closed 1.01 per cent higher at Rs 403.60 apiece on BSE.
  • BJP will form next government in Tripura, to become 20th state ruled by party: Amit Shah - Latest News Politics on Firstpost    (2018-02-11T18:30:00Z)
    Amit Shah on Monday asserted that the BJP would form the next government in Tripura which would be the 20th state to be ruled by the saffron party.
  • Commerce Secretary level meeting between India and Bangladesh held on 7th -8th February 2018 at Dhaka, Bangladesh - General News    (2018-02-11T18:30:00Z)
    Commerce Secretary level meeting between India and Bangladesh held on 7th -8th February 2018 at Dhaka, Bangladesh
  • BJP would form next government in Tripura: Amit Shah - General News    (2018-02-11T18:30:00Z)
    BJP president Amit Shah today asserted that the BJP would form the next government in Tripura which would be the 20th state to be ruled by the saffron party. Shah assured the voters that the promises made in the party's election manifesto released yesterday would be implemented. "Seeing the atmosphere and campaigns after visiting various constituencies, I am rest assured that the BJP would form the next government in Tripura and it would be the 20th BJP ruled state," Shah told a news conference here. "The party neither had MLAs in Manipur and Assam nor a strong organisational base, yet the huge popularity of Prime Minister Narendra Modi and the BJP's programme brought the party in power to those two north eastern states," he said. Likewise, Tripura would also come to the BJP fold, he said. The Left Front has been ruling the state for nearly 25 years continuously but Tripura lags behind in distribution of drinking water to households, healthcare services, power supply, ..
  • BJP would form next government in Tripura, says Shah - deccanherald.com    (2018-02-11T18:30:00Z)
    BJP president Amit Shah on Monday asserted that the BJP would form the next government in Tripura which would be the 20th state to be ruled by the saffron party. Shah assured the voters that the promises made in the partys election manifesto released on Sunday would be implemented. "Seeing the atmosphere and campaigns after visiting various constituencies, I am rest assured that the BJP would form the next government in Tripura and it would be the 20th BJP-ruled state," Shah told a news conference here. "The party neither had MLAs in Manipur and Assam nor a strong organisational base, yet the huge popularity of Prime Minister Narendra Modi and the BJPs programme brought the party in power in those two north eastern states," he said. Likewise, Tripura also would come to the BJP fold, he said. The Left front has been ruling the state for nearly 25 years continuously but Tripura lags behind in distribution of drinking water to households, healthcare services, power supply, infrastructure and attracting ...
  • Tripura will be the 20th state to be ruled by BJP in India, says Amit Shah - Latest News    (2018-02-11T18:30:00Z)
    Ten years and 25 years is quite a long time for developing the state. But Tripura remained backward. There are many BJP-ruled states which could make much more development in lesser time: Amit Shah
  • Tripura Assembly Election: BJP promises SEZs, free smartphones to youth in party's vision document - Latest News Politics on Firstpost    (2018-02-11T18:30:00Z)
    Union minister Arun Jaitley released the party's manifesto for Tripura Assembly election, which promised that SEZs would be set up in the state and smartphones would be given to the youth for free if the saffron party is elected to power in the state
  • Insiders in 60 small, big cos lap up shares in bear run - DNA: Bangalore    (2018-02-11T18:30:00Z)
    Insiders in 60 small, big cos lap up shares in bear run


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