SEZ projects
Government is likely to cancel the approvals granted by it to nine companies including Hindalco Industries, Essar and Adani. This approval was given to these companies for setting up of special economic zones (SEZ); however no work has been done to execute the projects. The Development Commissioners (DC) have recommended to the Board of Approval [...] Continue Reading »
The Special Economic Zones (SEZ) had lost their sheen in the last few years as the policy makers were not providing ample facilities to the industries functioning in these places. The commerce department has strongly pitched for allowing the units in the tax free SEZ enclaves to sell a part of their production in the [...] Continue Reading »
A lot of projects have been delayed for last four months for want of statutory letter of permission (LoP) from the government. Some of them are Dr Reddy’s Andhra Pradesh unit for pharmaceuticals and APIs, Zydus Pharma’s unit in Ahmedabad special economic zone (SEZ) and Alstom Bharat Forge Power’s unit in APSEZ in Gujarat. Headed [...] Continue Reading »
The real estate giant Unitech Limited planned to raise Rs 1100 crore funds by renting and leasing office space in Gurgaon region. The company will utilize the amount raised in the construction of projects in Kolkata and NCR. The fund will help to increase the construction pace of the SEZ projects and the construction of [...] Continue Reading »
There was once a time when famous engineers used to plan and construct huge bungalows and those were meant to be the only master pieces in Bangalore. Today the trend has changed! Every now and then there is a new developer and builder coming into spotlight. Similar are Raheja developer in Bangalore who has gained [...] Continue Reading »
