Kolkata: With the Mamata Banerjee government in West Bengal coming up with a draft textile policy to attract investment to revive the sector, leading industry lobbies have expressed hope that the policy roadmap would help the industry to grow significantly. States like Maharashtra and Gujarat unveiled their new textile policies in 2012 to woo investors.
"A policy was necessary. It will surely help Bengal's textile sector grow rapidly. The roadmap is also expected to ensure a higher contribution from the state to the country's textile sector in the days ahead," Bengal National Chamber of Commerce and Industry (BNCCI) secretary DP Nag told IANS.
"The sector has a lot of potential in terms of employment generation," Nag observed.
Addressing the media at the state secretariat here, Chief Minister Mamata Banerjee Saturday said the draft textile policy was ready....
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04:54 AM, May 20, 2013
Dubai: BITS Pilani has acquired the infrastructure of its Dubai campus from its long term partner ETA LLC Group, ending a 12-year collaboration. Birla Institute of Technology and Science, Pilani made the announcement here, adding that all the statutory requirements for acquisition had been met. BITS had set up its only international branch in Dubai in 2000 in collaboration with ETA LLC Group. Under the agreement, the latter provided infrastructural...
04:00 PM, Apr 17, 2013
Mukesh Ambani retained the top spot among Indians on Forbes' annual list of the world's billionaires on Monday with an estimated worth of $21.5 billion. The head of Reliance Industries was placed 22nd on a list headed by Mexican tycoon Carlos Slim. ...
08:21 PM, Mar 04, 2013
The Reserve Bank of India (RBI) released the final guidelines for issuing new bank licences on Friday . Rajen Shah, Chief Investment Officer, Angel Broking believes Aditya Birla Nuvo, Bajaj Financial Services, Cholamandalam Investment and Finance Company and Mahindra & Mahindra Financial Services will be strong candidates for a banking licence. ...
01:00 PM, Feb 25, 2013
Nagendra Magadi Pandu is in recent news. As gets a national award from Bharatiya Dhalitya Sahitya Academy. The award bestowed for Nagendra Magadi Pandu is 'Dr Ambedkar National Fellowship award 2012'. Pandu as he is popularly known as in Kannada film circles will be at Panchasheela Ashrama on 9th and 10th of December for the two days seminar. On 10th evening he is receiving the award from Lok Sabha speaker...
06:59 PM, Dec 06, 2012
New Delhi: Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of $ 21 billion, according to Forbes Magazine. Mukesh Ambani beats steel giant Lakshmi Mittal and Wipro head Azim Premji to top the Forbes's list. Lakshmi Mittal has attained the second spot with $16 billion and the third spot goes to Azim Premji. Pharma tycoon Dilip Shanghvi is the biggest gainer making an entry...
12:42 PM, Oct 25, 2012
New Delhi: Reliance Industries chairman Mukesh Ambani, with a personal fortune of $19.3 billion, is the richest Indian, China-based research firm Hurun said in a report Wednesday. Ambani is followed by Arcelor-Mittal chief LN Mittal, whose wealth is pegged at $16.9 billion. In terms of personal fortune, Ambani and Mittal are followed by Azim Premji of Wipro ($12.3 billion), Dilip Shanghvi of Sun Pharmaceuticals ($8.5 billion), Pallonji Mistry of Shapoorji...
02:11 PM, Oct 11, 2012
Mumbai: Filmmaker Prakash Jha has received a legal notice from the Birla group of companies over the controversial lyrics of a song from his upcoming film 'Chakravyuh' and insists he did not intend to disrespect anyone. "Yes. We have received a legal notice from them. Since it's a legal matter, our legal team is looking into it. We will reply to them," Jha said. The lyrics of the song goes,...
10:21 PM, Oct 06, 2012
Srinagar: Congress General Secretary Rahul Gandhi will be holding an interaction session with the students of the Kashmir University on Friday. Rahul's delegation will include country's top corporate chiefs who will also be addressing the students. The event aims at allaying the fears of big business houses who want to invest in the state and create jobs in the valley. The delegation of businessmen includes Ratan Tata, Kumar Mangalam Birla,...
12:08 PM, Oct 05, 2012
Mumbai: Shares of companies engaged in the insurance business such as Aditya Birla Nuvo, Max India and Reliance Capital on Thursday surged as much as 5 per cent on hopes that the government will accelerate pace of economic reforms by raising foreign direct investment (FDI) cap in the sector. Aditya Birla Nuvo gained 5 per cent to Rs 955, while Max India jumped 4.8 per cent to Rs 244.50 on...
12:20 PM, Oct 04, 2012
According to the CAG report on coal blocks allocations, nearly 44 billion tonnes of coal were given away at throwaway prices to private companies during the tenure of Manmohan Singh as Coal Minister. ...
11:52 PM, Aug 21, 2012
According to the CAG report on coal blocks allocations, nearly 44 billion tonnes of coal were given away at throwaway prices to private companies during the tenure of Manmohan Singh as Coal Minister. ...
09:58 PM, Aug 21, 2012
New Delhi: The government is all set to brave a raging attack from the Opposition on Monday as the Parliament takes up the CAG report on coal blocks allocations. A belligerent BJP-led Opposition will seek to corner Prime Minister Manmohan Singh in the coal scam case. According to the CAG report on coal blocks allocations, nearly 44 billion tonnes of coal were given away at throwaway prices to private companies...
07:49 AM, Aug 21, 2012
Mumbai: The Competition Commission of India (CCI) imposed a $1.1 billion fine on Thursday against 11 cement companies for price-fixing, in the largest-ever penalty ordered by the increasingly assertive regulator. The CCI said the companies colluded to push prices higher by underutilising their plants and creating an artificial shortage of cement, the government said in a statement. UltraTech Cement, part of the diversified Aditya Birla Group, Holcim-controlled ACC and Ambuja...
06:10 PM, Jun 21, 2012
New Delhi: Confident of his cement-to-telecom conglomerate emerging as the 'last man standing' in current state of economic downturn, industrialist Kumar Mangalam Birla has said the Aditya Birla group would also prove to be the 'first man forward'. While admitting that an "extended pause in reforms" and some other policy moves have clouded the business sentiments in India, Birla says that Aditya Birla Group delivered a "solid performance" in 2011-12...
08:48 PM, Jun 17, 2012
Mumbai: Aditya Birla Group on Friday said it will buy 27.5 per cent stake in the holding firm of the India Today Group, Living Media India Ltd for an undisclosed amount. The investment will be made by Aditya Birla Group's private investment company, Aditya Birla Group said in a statement. Commenting on the development, Aditya Birla Group Chairman Kumar Mangalam Birla said, the media sector was a sunrise sector from...
09:51 PM, May 18, 2012
New Delhi: Aditya Birla Group is looking to acquire 26 per cent stake in Living Media which owns 57.1 per cent stake in TV Today , reports Business Standard. TV Today Network touched an intraday high of Rs 70.85 and an intraday low of Rs 68.10. At 09:34 am, the share was quoting at Rs 69.90, up Rs 1.80, or 2.64 per cent. It was trading with volumes of 142,888...
02:36 PM, Apr 10, 2012
New Delhi: Seeking clarity on pricing of spectrum and allocation, CEOs of five top telecom operators including Bharti Airtel, Reliance Communications and Idea Cellular will be meeting Telecom Minister Kapil Sibal on Tuesday. The high level government-industry interaction would take place for the second time within less than two months. The industry leaders, including Sunil Bharti Mittal, Anil Ambani and Kumar Mangalam Birla had met Prime Minister Manmohan Singh on...
08:17 AM, Jan 24, 2012
New Delhi: Seeking clarity on pricing of spectrum and allocation, CEOs of five top telecom operators including Bharti Airtel, Reliance Communications and Idea Cellular will be meeting Telecom Minister Kapil Sibal on Tuesday. The high level government-industry interaction would take place for the second time within less than two months. The industry leaders, including Sunil Bharti Mittal, Anil Ambani and Kumar Mangalam Birla had met Prime Minister Manmohan Singh on...
08:04 PM, Jan 23, 2012
