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Export from Indore SEZ likely to touch Rs 3,500 cr in FY15

Last Updated: Sunday, February 22, 2015, 17:48

Export from the Special Economic Zone (SEZ) in Madhya Pradesh's Indore can touch Rs 3,500 crore in the current financial year if the bullish sentiment in global demand continues to drive the growth.

31 SEZ developers, units seek more time to implement projects

Last Updated: Wednesday, February 18, 2015, 15:26

As many as 31 special economic zone (SEZ) developers and units -- including Torrent Pharmaceuticals and Zydus Technologies -- have sought more time from the government for implementing their projects.

Commerce Ministry seeks withdrawal of MAT, DDT on SEZ in Budget

Last Updated: Friday, February 13, 2015, 15:24

The Commerce Ministry has sought a re-look at the taxation regime for the special economic zones (SEZs) in the forthcoming Budget to boost exports and investments.

SEZ board to meet after five months on Feb 20

Last Updated: Friday, February 6, 2015, 16:47

After a gap of about five months, the Board of Approval (BoA) headed by Commerce Secretary Rajeev Kher will take up different proposals related to special economic zones in the country on February 20.

CII seeks cut in Minimum Alternate Tax to 10% in Budget

Last Updated: Thursday, February 5, 2015, 19:32

In its Pre-Budget memorandum for 2015-16 submitted to the Finance Ministry, it has "strongly recommended that MAT should be reduced to 10 percent...The entire provision of MAT needs to be re-examined to incentivize investments".

London-based Alpha Real Trust wins arbitration against Logix

Last Updated: Thursday, January 29, 2015, 19:51

London-based investment fund Alpha Real Trust on Thursday said it has won an arbitration award on valuation of its investment in an IT SEZ project of Noida-based realty firm Logix Group.

Infosys worried at WB govt's inaction over proposed centre

Last Updated: Monday, January 5, 2015, 22:19

IT giant Infosys on Monday expressed concern over the fate of its proposed software development centre at Rajarhat area near here as the West Bengal government is yet to send its SEZ proposal to the Centre.

195 protesting workers of Foxconn detained

Last Updated: Monday, January 5, 2015, 20:16

According to representatives of Foxconn India Employees Union, 195 agitating workers, who forcibly tried to enter the plant, were detained in a marriage hall and later released.

Foxconn employees arrested for trying to make forced entry

Last Updated: Monday, December 29, 2014, 17:32

The employees of the company were against the management decision to offer voluntary retirement scheme or severance package to them as the company had suspended production at the facility last week.

Foxconn to halt India operations

Last Updated: Friday, December 12, 2014, 09:00

It is said that the company will shut down its Indian operations on December 24. The fate of around 1,700 employees will now be uncertain.

24 SEZ developers seek more time for projects; 3 to surrender

Last Updated: Thursday, January 16, 2014, 16:31

As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.

Posco's planned Odisha steel plant gets environmental approval

Last Updated: Friday, January 10, 2014, 15:20

"Yeah, I have cleared it," new Environment Minister M Veerappa Moily said here. "It (the approval) was given about a week back."