The Board meeting of SEBI held recently announced the new takeover code based on the report of the Takeover Regulations Advisory Com-miÂttee (TRAC) submitted earÂlier in July 2010.
Category: ECONOMY & POLICY
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SSTL inks deal with Ericsson for four circles
Telecom operator Sistema Shyam Teleservices (SSTL), which offers services under MTS brand, has signed a three-year managed services deal with networking gear maker Ericsson for four circles.
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Setback for Chhattisgarh UMPP
The 4,000-MW Chhattisgarh ultra mega power project (UMPP) in Sarguja received a major bow.
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L&T plans infra projects in WB
Larsen & Toubro (L&T) plans to execute infrastructure projects in West Bengal following the change in regime in the state.
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SC issues notice to PNGRB over pipeline project
The Supreme Court has sought response from the PNGRB over a plea filed by GAIL against PNGRB's decision to issue licence for MBPL project to Gujarat State Petronet (GSP) for Rs 5,000 crore.
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FICCI for reserve price method in project bidding
The Federation of Indian Chambers of Commerce and Industry (FICCI) wants the government to add reserve prÂice concept as a parameter in the bidding processes for infrastructure projects instead of opting purely for lowest cost bids.
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Infrastructure in NE to get booster
The North Eastern states have stressed on development of infrastructure for improved connectivity and rural transformation for development, according to Planning Commission.
The government would take proactive
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ITI to pump in `2,380 cr for biz revival
ITI is planning to invest over Rs 2,380 crore to re-start its manufacturing units and
diversify into other businesses. The proposal to clear these funds for ITI's revival is with the Board for Industrial and Financial Reconstruction (BIFR
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Landmark: Chennai Desalination
While Chennai city was implementing several water conservation measures, the scarcity in availability of water had to be addressed through augmentation of supply. It was in this context that the city turned to an alternative source - sea water
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JNNURM needs to be a programme, not a project
With the somewhat partial success of the first round of JNNURM, the Mission hopes to leverage the advantage of learning experiences, both of its success and stumbling blocks, as it gears up to address many more cities in the second round.