February 22, 2012
In a bid to create level playing field between foreign and domestic banks, a Reserve Bank of India (RBI) committee has suggested hiking the priority sector
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Posted in
InfraNews |
February 22, 2012
The Federation of Indian Chambers of Commerce and Industry (FICCI) solar energy task force, representing the entire value chain of the solar industry, has recommended fiscal measures to the government to include them in the Budget-2012 and implement the same. Some of the FICCI's recommendations are:
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Posted in
Renewable Energy |
February 22, 2012
According to media reports, IL&FS Investment Managers
plans to buy 51 percent stake in Godrej Hersheys, which is a joint venture between Godrej Group
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Posted in
InfraNews |
February 22, 2012
Vikram Solar has announced the commissioning of two new power plants - one in Gujarat and one in Rourkela, Orissa.
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Posted in
Renewable Energy |
February 22, 2012
According to top management of Muthoot Finance, the company has sought permission from Sebi for its Rs 250 crore NCD (non-convertible debenture) issue and hopes
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Posted in
Banking & Finance |
February 22, 2012
Officials from Mumbai Metropolitan Region Development Authority (MMRDA) will request union government to
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Posted in
Banking & Finance |
February 22, 2012
The Jammu and Kashmir government recently recommended taking over of Salal, Uri and Dulhasti hydro electric power projects from Centre-owned NHPC (formerly National Hydroelectric Power Corporation Ltd) after the state cabinet approved report in this regard.
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Posted in
Renewable Energy |
February 22, 2012
Tata Power Company has commissioned its a 25 mw solar photovoltaic power project at Mithapur in Gujarat last January.
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Posted in
Renewable Energy |
February 22, 2012
Praveen Kumar Mishra, Divisional Railway Manager of South Western Railway in Hubli, has said that the much awaited doubling of railway line between Hubli and Dharwad will be completed in the next two years
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Posted in
Railways |
February 22, 2012
Media reports suggest that Vedanta Resources is making fresh attempts to merge its group company Sesa Goa
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Posted in
InfraNews |
February 22, 2012
Boosted by a strong rally in Reliance Industries and buying by foreign investors, which crossed the $5-billion mark for the year, the sensex gained 139 points on February 21 to close at 18,429, a 7-month closing high
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Posted in
Banking & Finance |
February 22, 2012
Reliance Industries (RIL) has written to the Union government that gas output from its KG-D6 block was expected to drop by about 40 per cent to 22.60 million standard cubic meters per day in 2013-14, Oil Ministry officials said recently.
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Posted in
Oil & Gas |
February 22, 2012
The international crude oil prices for Indian Basket as computed/published on February 16 by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas has continued to rule high at $118.31 per barrel (bbl).
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Posted in
Oil & Gas |
February 22, 2012
Reserve Bank of India may reduce banks' Cash Reserve Ratio (CRR) in the next monetary policy statement, scheduled in mid-March, if the money market continues
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Posted in
InfraNews |
February 22, 2012
Indiabulls Infrastructure's mega luxury residential and commercial project in Lower Parel of Mumbai has been given a conditional clearance by the Maharashtra state’s green authority. The project is to be spread across 11 acres in the prime locality of the city.
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Posted in
Real Estate |