Reliance Group to set up Rs 6,500 cr aerospace project in MP

Last Updated: Friday, August 28, 2015, 22:13

Anil Ambani-led Reliance Group plans to set up a greenfield aerospace project with capital investment of over Rs 6,500 crore in 289 acres of land in Mihan SEZ here.

Reliance Capital to set up global commodity exchange in IFSC at GIFT City

Last Updated: Wednesday, June 3, 2015, 17:18

"This allotment is expected to bring in investment of around Rs 200 crore and generate employment for around 2,500 persons in next 3 years," GIFT MD and Group CEO Ramakant Jha said in a statement.

Foreign investment limit raised to 40% in Adani Ports & SEZ

Last Updated: Monday, June 1, 2015, 19:28

The Reserve Bank has allowed foreign investors to invest up to 40 percent of the paid up capital in Adani Ports and Special Economic Zone Ltd (APSEZ) under the Portfolio Investment Scheme (PIS).

Chinese companies to set up units at GMR's Kakinada SEZ; invest $3.5 bn

Last Updated: Monday, May 18, 2015, 22:46

GMR Infrastructure has inked a pact with GIIC of China to set up units at its special economic zone (SEZ) in Andhra Pradesh`s Kakinada, which will attract an investment of $3.5 billion over the next five years, a company statement said on Monday.

SEZ: ComMin to take up denotification, extension proposals Tuesday

Last Updated: Monday, May 18, 2015, 21:55

The Commerce Ministry will on Tuesday take up 22 proposals of SEZ developers that have approached it to surrender their tax free zones.

Chinese companies to set up units at GMR SEZ, to invest $3.5 bn

Last Updated: Monday, May 18, 2015, 12:32

GMR Infrastructure Monday said it has inked pact with Guizhou International Investment Corp (GiIC), a consortium of three Chinese manufacturing firms, to set up units at its SEZ in Kakinada, a move that will see USD 3.5 billion worth of investments in the next 5 years.

Gujarat HC okays Adani power, port, mining rejig

Last Updated: Monday, May 11, 2015, 12:43

Other Adani Group firms -- Adani Ports and Special Economic Zone and Adani Power -- also informed the BSE about the development in separate filings.

Infosys to Bengal: Either give SEZ or repay money

Last Updated: Tuesday, May 5, 2015, 13:45

IT major Infosys has asked the West Bengal government to either give SEZ status to the company's proposed software development centre at Rajarhat or repay the money it has given in advance for the land.

SEZ: Govt withdraws duty benefits for power plants

Last Updated: Monday, April 6, 2015, 23:36

The Commerce Ministry in a notification on guidelines for power generation in SEZs said the directive issued in March 2012 was being withdrawn and the position of February 2009 was being restored.

Biocon arm to have 40-acre new plant in Mangalore SEZ

Last Updated: Tuesday, March 31, 2015, 20:33

Biocon's research services arm Syngene International would set up a new plant at Mangalore SEZ to manufacture pharma ingredients and agro chemicals.

Govt foregoes Rs 28K cr revenue to boost exports from SEZs

Last Updated: Wednesday, March 18, 2015, 16:19

The government has foregone Rs 27,956 crore revenue during the last three financial years to boost exports from special economic zones (SEZs), Parliament was informed Wednesday.

Govt gives more time to 31 SEZ developers to execute projects

Last Updated: Monday, March 9, 2015, 14:56

The government has given more time to as many as 31 special economic zone developers and units, including Torrent Pharmaceuticals and Kakinada SEZ, to implement their projects.