Special Economic Zones

  • SC commences hearing on land acquisition for SEZ January 23, 2014

    New Delhi: Seven years after the first plea was made, the Supreme Court on Thursday commenced the crucial final hearing on a bunch of petitions challenging the validity of the Special Economic Zone (SEZ) policy of the Centre and the laws governing it for the acquisition of land in the...
  • Kuwait Petroleum Corp keen to buy stake in ONGC petchem projects January 14, 2014

    Kuwait Petroleum Corp has shown interest in buying 26 per cent stake in ONGC's Rs 21,396 crore petrochemical plant at Dahej, Gujarat, as well as the state-owned firm's Rs 5,750 crore chemical plant at Mangalore. "Kuwait is keen on taking a stake in the petrochemical plants of ONGC... They have envisaged...
  • Infosys team to break Rajarhat deadlock, says Partha Chatterjee March 31, 2013

    Kolkata: In an apparent move to break the deadlock over its stalled project in West Bengal, IT major Infosys is sending a delegation to West Bengal to find a way to resolve the issue, Industry Minister Partha Chatterjee said on Saturday. The proposed project of the IT bellwether firm at Rajarhat...
  • Govt to announce new guidelines to revive SEZs June 6, 2012

    New Delhi: The government will come out with new guidelines to revive export hubs, special economic zones (SEZs), which have lost sheen after imposition of certain levies and proposal to take away tax incentives. The government had imposed Minimum Alternative Tax (MAT) and Dividend Distribution Tax (DDT) on SEZs in...
  • Infosys not to get SEZ status: Mamata February 27, 2012

    Kolkata: West Bengal Chief Minister Mamata Banerjee on Monday said that her government would not grant any Special Economic Zones(SEZ) status to IT major Infosys as sought by it in line with the Trinamool Congress stand on the issue. "As a principled stand, we'll not give SEZ status to Infosys. But...
  • Mukesh Ambani's Raigadh SEZ project scrapped February 20, 2011

    Mumbai: It is the triumph of people power. The Mukesh Ambani-led Raigadh Special Economic Zone project, touted as the country's biggest SEZ has now been scrapped by the Maharashtra government. Protesting farmers in the area will now get their land back. Floated by Ambani in partnership with Anand Jain, the...
  • It's Congress vs Congress in Goa SEZ battle January 3, 2008

    New Delhi: The new twist in the Goa SEZ battle sees a case of odd politics: the Congress government in Goa is now at loggerheads with the Congress-led UPA at the Centre. Just days after Goa CM Digambar Kamat announced his decision to scrap the projected 15 SEZs in the...
  • Basu, Mamata in talks over Nandigram June 17, 2007

    New Delhi: CPM patriarch Jyoti Basu met Trinamul Congress Chief Mamata Banerjee to resolve Nandigram and Singur issue. After the meeting, Mamata said the deadlock can be resolved if Basu took personal initiative in the matter. Basu, in turn, said that Mamata’s approach to the deadlock was positive. She has proposed that...
  • Tata to launch Rs 1 lakh car by 2008 June 17, 2007

    New Delhi: Commercial vehicle manufacturers Tata Motors on Friday said that they will go ahead with their Singur plant, despite all obstacles and will launch its car worth Rs 1 lakh by 2008. A top Tata official was quoted by news agency UNI as saying, “Hectic construction is going on for...
  • JSW Steel's offer to Bengal farmers June 17, 2007

    Kolkata: The West Bengal government had to cope with a great deal of resistance in Singur because farmers there weren’t sure if they could make ends meet after they sold their land. And though a decent compensation was paid, at least two farmers have since killed themselves in despair. Singur was indeed...
  • Goons, forgery rule Maha Mumbai SEZ May 22, 2007

    Raigad (Maharashtra): All his life, a farmer in Raigad district in Maharashtra, Naga Bhoir, has been tilling paddy on a patch of land till he got a summon from District Place to collect some cheques. To his surprise, he was told there that his land had been sold off but this...
  • Singur controversy reaches the US June 20, 2007

    New York: India is grabbing global attention, not just for its growing economy but also for issues like Special Economic Zones (SEZs). That's why when a group of Indian MPs visited New York, they debated land for the Tata small car project in Singur. The six MPs were in New...
  • Court sets aside ban orders at Singur June 20, 2007

    New Delhi: The Singur car project of Tata Motors received another setback on Wednesday as the Calcutta High Court has set aside the prohibitory orders issued by the Hooghly district administration there. The orders banned the holding of rallies and meetings in the area, which has witnessed protests in recent months...
  • Left sees red over spl tourism zones June 18, 2007

    New Delhi: The fear that India will be bypassed by the international tourist, discouraged by the paucity of accommodation and lack of infrastructure, has now prompted the Government to look at creating special tourism enclaves. It's the concept of creating special tourism zones (STZs) on the lines of the...
  • Medha vows to fight SEZ policy October 14, 2006

    Bhubaneswar: There is a need to build up a 'people's movement' against the Government's policy of setting-up special economic zones, social activist and Narmada Bachao Andolan leader Medha Patkar said on Saturday. "The multinational companies have turned resource-rich Orissa, Chhattisgarh and Jharkhand to a battleground to pursue their own agendas....
  • It's SEZ vs farmers in Maharashtra September 28, 2006

    Raigad (Maharashtra): The country's largest Special Economic Zone (SEZ), proposed in Navi Mumbai, threatens to become the scene of a bitter battle between displaced farmers and the Maharashtra Government. The state government wants the farmers in villages near Uran, less than 100 kilometre from Mumbai, to surrender the land that...