Industry

  • Industry hails infrastructure reforms announcements in budget 10-07-2014 08:24 PM

    New Delhi: Narendra Modi's maiden budget has paved way for infrastructure reforms and has created a sense of confidence among investors, who are awaiting removal of structural bottlenecks in projects, industry analysts and India Inc on Thursday said hailing announcements. "The government has laid special focus on development of critical...
  • Home Ministry objects to FDI in sensitive areas of Indian railways 06-07-2014 11:28 AM

    New Delhi: The Home Ministry has raised objections in allowing foreign direct investment in highly-sensitive areas of the Railways sector, saying such a move may compromise security of the country's largest transportation network. The objection came after the Commerce and Industry Ministry circulated a draft cabinet note for inter-ministerial consultations...
  • Any c***** can become chief minister: Yashwant Sinha on Jharkhand CM 02-07-2014 11:19 AM

    In an apparent slip of tongue, senior BJP leader Yashwant Sinha on Tuesday used an expletive word that raised eyebrows. "Media people come and put their mike, asking who would become the chief minister. How does it matter which c**** becomes CM," said Sinha. Sinha, whose word spoken in Hindi...
  • While commenting on red tape, Parrikar wades into controversy 02-07-2014 07:08 AM

    Panaji: While talking about the red tape faced by those who want to start a new factory, Goa Chief Minister Manohar Parrikar recounted a potentially controversial remark during a speech over the week-end. "An IIM professor told me that a student of his told him during an interaction, 'If I...
  • Major fire breaks out at a slipper factory in Vishwakarma industrial area 01-07-2014 01:05 PM

    A major fire broke out on Tuesday at a slipper manufacturing factory in Vishwakarma industrial area but no loss of life was reported, police said. The fire broke out on the second floor of the factory where raw material in large quantity and the final products were stored, police said....
  • Japan industrial output rises, signals economic recovery 30-06-2014 12:21 PM

    Tokyo: Japan's factory output rose in May after companies cut production in April to offset the impact of a national sales tax hike, underscoring views the economy will absorb the increase largely unscathed. The 0.5 per cent month-on-month rise compared with the median estimate of a 0.9 per cent increase...
  • Police constable blinds and kills daughter's lover 29-06-2014 06:14 PM

    A 22-year-old youth was blinded and killed allegedly by his girlfriend's father, a police constable, and other family members when he had gone to secretly meet her at her house at Daulatpur village in Patna district, police said on Sunday. The incident occurred when Rahul Kumar, a diploma holder from...
  • Western leaders rush to meet Modi as India plans to allow FDI in defence 29-06-2014 10:36 AM

    New Delhi: Western governments are rushing to visit Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the Indian government prepares to open the nascent defence industry to foreign investment. Senior politicians from France, the United States and Britain arrive in quick succession over the next 10...
  • Union Cabinet gives nod to MoU with China for industrial parks 25-06-2014 10:09 PM

    New Delhi: Ahead of the visit of Vice President Hamid Ansari to Beijing, the government on Wednesday gave an in-principle approval for a memorandum of understanding (MoU) between India and China for setting up industrial parks in the country. The details of the agreement will be available only after the...
  • Bengal's jute industry crisis worsens after workers lynch a mill's CEO 23-06-2014 08:59 AM

    Kolkata: Bengal's jute industry crisis is out in the open a week after a jute mill CEO was lynched by workers in Hooghly. Several mills have now suspended operations. The jute mill CEO incident sent shockwaves through the industry. Work is now suspended at the mill as well as three...
  • Industrial Training Institutes start online admission 20-06-2014 09:12 PM

    New Delhi: Students aspiring to get admission in state-run Industrial Training Institutes will no longer have to stand in long queues outside application form counters as they will now be able apply online. Delhi government on Friday announced that it has extended online admission registration facility for engineering and non-engineering...
  • Bengal's jute industry on life support 20-06-2014 05:40 PM

    A dusty, cratered, Grand Trunk Road separates Northbrook jute mill and a shiny, apartment complex towering over the asphalt in Hooghly. Rows of flats stand on what used to be the staff quarters till they were sold four years ago for real estate. Now, 25 mill officials and their families...
  • Jharkhand khadi board to set up parks to promote products 18-06-2014 03:47 PM

    To promote its handloom products, the Jharkhand State Khadi and Village Industries Board has initiated steps to set up khadi parks where all manufacturing activities will take place under one roof. The board has a plan to establish six khadi parks in Jharkhand alone to promote khadi products as well...
  • Reliance to launch the much-awaited 4G broadband services in 2015 18-06-2014 01:54 PM

    Mumbai: Reliance Industries today said it will invest Rs 1.8 lakh crore across businesses in the next three years and launch the much-awaited 4G broadband services in 2015 as it looks to break-into top 50 companies of the world. RIL Chairman Mukesh Ambani, the world's richest energy billionaire, unveiled his...
  • Reliance to launch its 4G network in the next few months 18-06-2014 12:44 PM

    Mumbai: Reliance Industries Limited had its Annual General Meeting on Wednesday where Chairman Mukesh Ambani said that the next three years will be transformational for the company. Some of the big takeaways from the AGM were that Reliance will be launching its 4G broadband network in the next few months....
  • Centre worried over law and order in Uttar Pradesh: Kalraj Mishra 18-06-2014 12:01 AM

    The Centre was worried over the law and order situation in Uttar Pradesh which had turned from "bad to worse" and awaiting the Governor's report on the issue, Union Minister Kalraj Mishra said on Tuesday. "Uttar Pradesh Government is elected in accordance with the Constitutional norms and so is the...
  • Bengal to expedite land mutation for industrial purposes 14-06-2014 08:25 PM

    Kolkata: With a view to expedite and aid mutation and conversion of land for industrial purposes, the West Bengal government will be setting up a Unique Clearance Centre (UCC) in several districts, Chief Minister Mamata Banerjee said Saturday. "Our focus is to set up a true investor-friendly ambience in the...
  • Buyers have to wait for possession of Noida flats 11-06-2014 12:38 PM

    Buyers of flats in some parts of Noida will have to mark time as the Supreme Court on Tuesday declined to interfere with an NGT order restraining the New Okhla Industrial Development Authority from issuing completion certificates in respect of structures falling within 10 km of the Okhla Bird Sanctuary....
  • Made in Munger: A Bihar 'cottage industry' trusted by criminals 10-06-2014 11:06 PM

    Fine craftsmanship, attention to detail and the ability to produce exact imitations have made the illegal firearms industry of eastern Bihar's Munger district, a revered - if it can be called that - name in the world of crime. The clientele includes criminals from at least nine Indian states and...
  • ST/SC Land Commission may be formed for speedy disposal of pending land related cases 04-06-2014 05:52 PM

    Jharkhand Industry and Tribal Welfare Minister, Champai Soren on Wednesday said he was contemplating to set up a land commission for ST/SC people for speedy disposal of pending land related cases. "We are contemplating to form an ST/SC Land Commission in the state to facilitate speedy disposal of land-related cases...
  • Industry condoles passing away of Gopinath Munde 03-06-2014 07:48 PM

    New Delhi: Condolence messages poured in from India Inc following the sudden demise of Union Minister Gopinath Munde, who died in a road accident on Tuesday morning. "We are deeply saddened by the sudden demise of Gopinath Munde, Minister of Rural Development, Panchyati Raj & Drinking Water and Sanitation. We...
  • 'Ghaziabad industries to remain without power for a week' 31-05-2014 10:49 PM

    Industries in Ghaziabad would remain without power for at least a week due to the damages in the transmission lines caused by Friday's thunderstorm, a local factory owner quoted state power corporation officials as saying. Vipin Agarwal, the general secretary of Site IV Industries Association, Sahibabad told IANS that when...
  • Why music industry is optimistic about Apple-Beats deal 31-05-2014 12:28 PM

    When Cortez Bryant decided to negotiate a headphones marketing deal for his clients Lil Wayne and Nicki Minaj a few years ago, he turned down more money from other more established companies to sign with Beats By Dre for a simple reason. "There was a bunch of history there, so...
  • Happy with my portfolio, says Heavy Industries Minister Geete 30-05-2014 11:29 PM

    Ratnagiri : Shiv Sena MP from Raigad and the Union Minister for Heavy Industries Anant Geete on Friday said he is happy with his portfolio. His party was earlier reportedly miffed with the portfolio offered to him by Prime Minister Narendra Modi. Geete took charge of the ministry on May...
  • Raghav Bahl quits Network 18 30-05-2014 10:11 PM

    New Delhi: Network18 Founder and Managing Director Raghav Bahl has quit the media group after agreeing to sell controlling stake to Mukesh Ambani-led Reliance Industries Ltd (RIL). A day after the deal was announced, Bahl in a letter to employees of the group said he and his wife Ritu are...
  • Raising FDI limit in Defence will create more jobs, says Prakash Javadekar 30-05-2014 09:42 PM

    New Delhi: Raising the FDI limit in the defence sector will help the country in creating jobs and being self-reliance in the military arena, Information and Broadcasting Minister Prakash Javadekar said on Friday. "I have been a member of Standing Committee on Defence and based on my experience, I can...
  • A hot pizza delivery guy who wants to be paid in...Sodexo? This hilarious video busts the worst Indian porn stereotypes 30-05-2014 03:11 PM

    Every cliche that you can imagine about the porn industry is getting busted in this video. The pizza delivery boy who does not get the drift when a housewife says she does not have cash but can pay him in other ways. The guy picking up a girl on the...
  • Bhojpuri film 'Deswa' going places, wows viewers in Toronto 29-05-2014 02:49 PM

    Can you imagine a Bhojpuri film engrossing and entertaining audiences at an international film fest? Debutant Nitin Chandra's "Deswa" has done just that, giving the Bhojpuri film industry, reeling under distasteful content and lack of creativity, a much-needed facelift on the global platform. Screened at the recently concluded International Film...
  • Centre approves projects worth Rs 89 crore in MP 29-05-2014 02:34 PM

    The Central government has sanctioned electronics manufacturing projects worth Rs 88.65 crore in two districts. The projects, coming up at Badwai near here and Purva near Jabalpur, will provide employment to over 17,000 people, said a release issued by the state government's Information Technology department. The cost of the cluster...
  • Nirmala Sitharaman briefed on challenges facing industry, exporters 28-05-2014 06:12 PM

    Challenges such as curbs on gold imports, imposition of MAT on special economic zones, the drop in manufacturing output and problems related to labour laws and land acquisition figured in presentations made to new Commerce and Industry Minister Nirmala Sitharaman on Wednesday. In separate presentations, the Commerce and Department Of...