According to Business Line report, Nestle India Ltd, a subsidiary of Switzerland based Nestle SA plans to invest nearly Rs 500 crore on a mainly Maggie noodles and confectionery-manufacturing plant in Gujarat next year. As per the report Chairman of FICCI Food Processing Committee Mr Antonio Helio Wazyk who is also Chairman and Managing...
CBI faces Supreme Court heat over “absolute trash complaints” against Amit Shah Mumbai, 18 November, 2011 Maharastra State Road Transport Corporation(MSRTC) will operate AC Volvo buses from Mumbai to Surat, Ahmedabad, Udaipur, Pune from 15th of December 2011. This is for the first time when MSRTC is going to operate AC Volvo buses to...
Essar Infrastructure will carry out the engineering, procurement and construction activity with an investment of Rs 176 crore to develop Roll-On, Roll-Off service across the Gulf of Khambhat between Ghogha near Bhavnagar in Saurashtra and Dahej in Bharuch district in central Gujarat. The service by Gujarat Maritime Board, will be used for the movement...
Jaypee Cement, the cement manufacturing arm of Jaiprakash Associates (JPA) is waiting for an approval to set up a 2.4 – mtpa cement plant in Gujarat’s Kutch. According to a report, the company has formed a joint venture with Gujarat Mineral Development Corporation Limited called Gujarat Jaypee Cement and Infrastructure Limited, through which it...
The Tourism Corporation of Gujarat Limited(TCGL) and Goa Tourism Development Corporation(GTDC) signed a memorandum of agreement for joint promotion of the tourist destinations in their respective states and also for the creation of a circuit on the western coast during Goa International Travel Mart(GITM). Goa Tourism Director Swapnil Naik said that Gujarat has been...
The Northern Railway has started a double-Decker container train between Patli near Gurgaon in Haryana and the Mundra Port in Gujarat. This initiative will increase efficiency and volume. This is the first double-stack container train by the Northern Railway and the second route over the Railways. This service will bring the entire National Capital...
SKIL Group’s flagship company Pipavav Defence and Offshore Engineering today said there was no disruption of any kind at its production units due to Income-Tax officials visiting the firm’s premises last week for verification of certain issues. “There was no disruption of any kind at the production units and the business of the company...
Pipavav Shipyard Ltd on Monday said it won an order from the Indian Navy worth Rs 2975 crore (USD 659.6 million) and swung to a consolidated net profit in full year FY11, sending its shares up as much as 3.75%. India’s largest shipbuilder by market capitalisation said it was the first to receive the...
Larsen & Toubro (L&T) has won a prestigious offshore process platform contract from Gujarat State Petroleum Corporation (GSPC) valued at Rs. 1,450 crore. GSPC awarded this offshore process cum living quarter’s platform project to L&T under international competitive bidding to meet its challenging target of production of hydrocarbon by July 2013 from KG Basin,...
Chief Minister Narendra Modi today announced to set up a world-class maritime park on the seacoast of Bharuch district. Chief Minister said this while inaugurating a manufacturing plant of a Denmark based company Roxul Rockwool at the Special Economic Zone (SEZ) of Dahej in Bharuch. Rs.159-crore plant will manufacture fire-safe insulation material – Stone...
India’s exports have registered a growth of 34.4% during April 2011, at US $ 23.9 billion. Stating this at a press interaction here today, Shri Rahul Khullar, Commerce Secretary, informed that during the interaction, with press, India’s imports in April 2011 were US $ 32.8 billion, which is up by 14.1% Balance of trade...
ITT Corporation is heading a consortium that has been awarded a contract to provide two water pumping stations for Sardar Sarovar Narmada Nigam Limited’s (SSNNL) Kutch Branch Canal (KBC) Lift Irrigation Project. ITT will execute this project in a consortium with Megha Engineering & Infrastructures Limited (MEIL). ITT’s Flygt vertical column discharge pump sets...