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Industry

Odisha aims at an influx of INR 5, 000 crore through investments

Odisha aims at an influx of INR 5, 000 crore through investments
Odisha is looking for strategic investments worth INR 5, 000 crore in the public infrastructure segment, through carefully tailored partnerships between the government and private players. Odisha chief minister Naveen Patnaik has set a target of INR 5, 000 crore with regard to investments in the public infrastructure space in the state. This will be [...] Continue Reading »

The Karnataka Land Reforms bill tabled in the state legislation

The Karnataka Land Reforms bill tabled in the state legislation
All the ministries have been demanding reforms in the Land Acquisition bill which was passed by the previous UPA government. In a decision, which could have far-reaching consequences on industrial development, the government may simplify the land reforms laws. On Tuesday, the government tabled the Karnataka Land Reforms and Certain Other Laws (Amendment) Bill, 2014. [...] Continue Reading »

KIADB land on 99-year lease: BCIC and MNCs are thrilled

KIADB land on 99-year lease: BCIC and MNCs are thrilled
Bangalore Chamber of Industry and Commerce (BCIC) has welcomed the Karnataka Government’s move to offer KIADB (Karnataka Industrial Areas Development board) land on a 99-year lease. A.N. Chandramouli the President of BCIC stated that the State government’s move will promote rapid industrialisation of the State. BCIC welcomes the move and was waiting for some rapid growth [...] Continue Reading »

Online property buying picking up

Online property buying picking up
Online space is projected to be the very important medium for property buying. Until now it was restricted to checking designs and prices of properties. However, it may take a few years before online property buying becomes as common as purchasing clothes, electronics or books by the click of a mouse. Real estate companies inform [...] Continue Reading »

IIT Madras sets up centre for technology, policy

IIT Madras sets up centre for technology, policy
IIT Madras has recognized a centre for technology and policy to deal with development troubles and help technology innovators work more efficiently in a given policy setting. The centre will exemplify on IIT Madras faculty proficiency and its own research staff. This will facilitate consultation and networking with policy makers, industry, investors and various other [...] Continue Reading »

Ministers wary of 24Kcr projects to take off

Ministers wary of 24Kcr projects to take off
Last week, in the presence of chief minister Prithviraj Chauhan and minister of state for industries Sachin Ahir, the state industries department had signed 32 Memoranda of Understanding (MoUs) for Greenfield projects with various firms involving total investment of Rs 23,850 crore, but ministers are raising doubts over whether or not the projects will take [...] Continue Reading »

Ahmedabad realtors look for new ways to entice buyers

Ahmedabad realtors look for new ways to entice buyers
Owing to declining sales and liquidity crunch scenario, real estate developers of Ahmedabad are looking for innovative offers to attract buyers. Developers and promoters are offering schemes like free parking, interest free EMIs, free club membership, and varied discounts to buyers though they may not offer direct cash discounts. Local developers in Ahmedabad have not [...] Continue Reading »



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