Maharashtra, NCR attract 49% of total FDI in India

Last Updated: Sunday, February 8, 2015, 12:48

Maharashtra and the National Capital Region (NCR) have cornered 49 percent of the total foreign direct investment inflows into the country since April 2000, according to Commerce and Industry Ministry data.

Govt keen to transform Mumbai into global financial hub: Sihna

Last Updated: Friday, February 6, 2015, 23:12

"We are keen to transform Mumbai as a global financial centre... It is a necessity that we have to create Mumbai as a global financial centre," Union Minister of State for Finance Jayant Sinha said on Friday.

Anil Ambani seeks faster, transparent decision making

Last Updated: Friday, February 6, 2015, 14:37

Blaming slow decision-making for "obstacles" faced by businesses, industrialist Anil Ambani today pitched for a system that promotes fast action by government officials without fear of agencies like CVC, CBI and CAG.

Global investors keen on doing business in Maha: Fadnavis

Last Updated: Monday, January 26, 2015, 14:03

Maharashtra Chief Minister Devendra Fadnavis on Monday said global investors have evinced an interest to invest in the the state in information technology, manufacturing and agriculture sectors.

Maharashtra to be most attractive biz destination in India: Devendra Fadnavis

Last Updated: Saturday, January 24, 2015, 18:24

Looking to attract foreign investors to Maharashtra, Chief Minister Devendra Fadnavis has promised them easier business environment and faster clearances as he works towards making his state the most preferred destination within India for investors.

Maharashtra seeks extension of subsidy on raw sugar exports

Last Updated: Saturday, January 17, 2015, 13:38

Maharashtra Chief Minister Devendra Fadnavis on Saturday met Union Food Minister Ram Vilas Paswan and sought extension of subsidy on raw sugar exports and hike in import duty on the sweetener to 40 percent to help cash-starved mills clear cane arrears to farmers.

MOIL's session on mining industries in Maharashtra tomorrow

Last Updated: Friday, January 16, 2015, 11:00

Manganese Ore India Ltd (MOIL) will on Saturday hold an inter-active session on 'Mineral-based industries in Maharashtra' that will be attended by Union Shipping and Transport Minister Nitin Gadkari.

Bank of Maharashtra raises Rs 1,000 crore from bonds

Last Updated: Monday, January 12, 2015, 19:38

State-owned Bank of Maharashtra (BoM) Monday raised Rs 1,000 crore from bonds to funds business growth.

HC stays suspension order of Maha FDA on Dr Reddy's C&F agent

Last Updated: Friday, January 9, 2015, 14:18

Dr Reddy's Laboratories on Friday said the Bombay High Court has granted an interim stay on an order issued by the Maharashtra drug controller (FDA) for a one-month suspension of wholesale licence of the company's clearing and forwarding agent in Bhiwandi near Thane.

Maharashtra loses Rs 2,500 cr revenue due to high VAT rate: ICA

Last Updated: Sunday, December 21, 2014, 13:01

Mobile handset makers' body Indian Cellular Association (ICA) has appealed to the Maharashtra government to reduce VAT from 12.5 percent to 5 percent on mobile phones.

Maharashtra to make e-tendering mandatory for projects over Rs 3 lakh

Last Updated: Friday, December 19, 2014, 19:46

According to a Government Resolution issued by the government Thursday, the new norm will be applicable to all departments of the state government, urban and rural local self-government bodies like gram panchayats and zilla parishads and corporations.

Over 800 farmers committed suicides this year: Govt

Last Updated: Friday, December 19, 2014, 16:46

More than 800 farmers have committed suicides this year due to agrarian distress, with maximum cases reported from Maharashtra, Parliament was informed Friday.