Mining
500 high end companies of the World planning to invest in India In a recent development, the Government of India is planning to launch a systematic and well organized campaign promoting India to almost five hundred companies located all over the world. This decision has supplemented the efforts taken by the Prime Minister of India, [...] Continue Reading »
BEML Ltd, manufacturer of heavy earth moving equipment for mining and construction sectors, has launched an indigenously developed new version of motor grader – BG405A for deployment in the infrastructure/construction sector. The new motor grader is BS III compliant engine with a net horsepower of 119HP and is certified by ARAI. BG405A is designed with [...] Continue Reading »
In a move which will be widely welcomed by the investors in Hyderabad, the Project Monitoring Group (PMG) said in an announcement made on Friday that environmental clearances will be issued online in a few weeks. According to the PMG’s announcement, ‘green’ permits in Hyderabad will go online in less than one month from now. [...] Continue Reading »
Seeking to streamline the foreign investment regime, the commerce and industry ministry has proposed to introduce a composite cap which will include FDI (Foreign Direct Investment), FII (Foreign Institutional Investment) and other instruments in various sectors. In a draft cabinet note, which was circulated for inter-ministerial consultations, the DIPP (Department of Industrial Policy and Promotion) [...] Continue Reading »
Complaining to the Centre for not completing the several process of environment clearance to the Adani Group’s Mundra Ports and the Special Economic Zone (MPSEZ) in Gujarat, the apex court gave the last chance to the MoEF to for completing the necessary and stated that the secretary and the director was personally responsible for all [...] Continue Reading »
According to an ICRA study, in 2013-14 while the number of downgrades exceeded upgrades for the third consecutive year, with 602 downgrades and 559 upgrades, overall, 3.3 per cent companies moved to the default category as against 4.5 per cent in 2012-13. ICRA said ,“During the last fiscal while both the number and severity of [...] Continue Reading »
