Fast Lane

GSPC to come out with IPO soon, Minister tell state Assembly

Thursday, March 11, 2010

State-owned Gujarat State Petroleum Corporation (GSPC) will be coming out with its initial public offer (IPO) very soon, Minister of state for Energy Saurabh Patel said in the state Assembly on Thursday. Patel made the announcement while talking about the budgetary demand of the Energy department. The Minister said that process regarding the IPO was... »

Rama Pulp plans power plant in Gujarat

Thursday, March 11, 2010

Rama Pulp and Papers plans to invest INR 65 crore to expand speciality paper production capacity, besides setting up 15 MW power production capacity at its 15 acre Vapi plant in Gujarat. As per report the company will invest INR 10 crore to enhance carbon base paper production from 7,000 tonnes per annum to 30,000... »

Gujarat govt allots 1,348 acres of protected little Rann of Kutch land to salt firms:Congress

Sunday, March 7, 2010

Leader of opposition in the assembly, Shaktisinh Gohil, has alleged that the state government has given 1,348 acres of reserved forest land in the Little Rann of Kutch (LRK) to its favorite industries. The allegation came during the debate on governor’s speech in the Assembly on Wednesday(3 March 2010). Kutch’s Little Rann is a... »

Essar encroached Rs 250 crore forest land in Hazira:govt admits

Thursday, March 4, 2010

The Gujarat government on Tuesday(2 March, 2010) admitted in the assembly that Essar Ltd encroached Rs 250 crore forest land in Hazira(Suvali). State Forest minister Mangubhai Patel in reply to Kalupur(Ahmedabad) MLA Faruk Sheikh told the assembly that the state government had registered four cases against the company in this regard. According to the... »

Luthra group plans a five-star hotel near Surat airport in tie up with Hyatt Regency

Thursday, March 4, 2010
Luthra group plans a five-star hotel near Surat airport in tie up with Hyatt Regency

The Surat-based Luthra group is planning to build a 5-star hotel in Surat in tie-up with Hyatt Regency for managing the property. According to Girish Luthra, Chairman of Luthra group, a super deluxe 5-star 225-room hotel targeted at the very high-end customers with banquet facilities, spa, health club and convention centre would come up at... »

GIHED plans property show in Mumbai in May 2010

Thursday, March 4, 2010

The Gujarat Institute of Housing and Estate Developers, a real estate body of developers and builders in Gujarat, is planning to organise a property show in Mumbai on May 1 Gujarat diwas this year with possible participation of around 100 developers from Gujarat. The property show would mostly feature housing segment. GIHED’s sixth annual... »

The Bombay Land Revenue(Gujarat amendment)Bill 2010 passed

Thursday, March 4, 2010

Gujarat state assembly passed The Bombay Land Revenue(Gujarat Amendment) Bill 2010 on 2 March. The bill proposes to amend provisions of chapter X-A of the said code relating to records of the rights.  The new amendment substitutes the present provisions of section 135C to replace Talati with designated officer for intimation of mutation entries... »

Mundra Port SEZ was given 2,008 ha reserve forest land:Minister

Thursday, March 4, 2010

Adani Group has been given 2008.41 hectare of reserved forest land in in the Mundra and Dhrab taluka of Kutch district for its Mundra Port Special Economic Zone (MPSEZ) from the state government at a cost of Rs96. 59 crore. This was revealed in the state assembly by state forest minister Mangubhai Patel, in... »

Welspun Gujarat wins Rs. 600 crore orders

Tuesday, March 2, 2010

Welspun Gujarat Stahl Rohren, the flagship firm of the $3000 million Welspun Group, informed that it has bagged contracts worth Rs.600 crore for pipes and plates from various global clients. ” With these new orders, we have once again re-established our capacities as quality plate manufacturer in both the international and Indian markets,” said B... »

Pragmatic Budget under trying circumstances, says Pankaj Patel on union budget

Saturday, February 27, 2010

FICCI-Gujarat State Council in association with Deloitte organised an Interactive Session on “Budget Analysis-2010” today in the city to gain insights on the impact of Budget on the Economy. In his welcome address Mr Pankaj Patel, Chairman, FICCI-Gujarat State Council said, “It is a ‘Pragmatic Budget’ under trying circumstances, astutely managing fiscal deficit while keeping... »