The Madhya Pradesh government plans to develop 27 new industrial parks for sectors like textiles, infotech tourism, and food processing among others at an investment of Rs 3,000 crore in a phased manner over the next five years.
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Petrobras, ONGC strike gas in Brazil
Brazil´s state-run oil company Petroleo Brasileiro SA (Petrobras) discovered natural gas in a well being drilled to help measure the potential of a giant Brazilian offshore find.
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Still sailing
Inland water transport is an idea whose time has come. For too long it has been the step-child of planners and policy makers in the transport field.With the current government leaving the ghost of UPA II behind, the recent decision to implement ´Jal Marg Vikas´ by 2020 would enable movement of large cruise vessels through the year up to Allahabad.
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Renewed Focus
The new government has announced a number of measures for the growth of the renewable energy sector, which has already been growing at a healthy annual rate of around 22 per cent.
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Infra Gets A Leg-up
The Finance Minister emphasised on the need to revive growth in the manufacturing sector. While allocating Rs 10,000 crore for start-up MSMEs, the Government has shown its commitment for financing this sector as it accounts for a big chunk of industrial output and employment.
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Opportunities galore at bright Istanbul
Rapid pace of urbanisation has made Istanbul a land of opportunities for Siemens that is playing a key role in various growth sectors. Hopping across continents is a daily affair for the people of Istanbul, be it for work or leisure
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Clearing the logjam
India needs funds for its infrastructure projects, but banks are overexposed to this sector. Miguel Gutiérrez explores some remedies.
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IOC to raise $900 million overseas debt
Indian Oil Corporation will raise $1.65 billion debt in overseas market in the current financial year. The company will raise $900 million through external commercial borrowings to replace short-term costlier loan while another $750 million will be raised over the financial year, its Director Finance, PK Goyal said.
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Bucking the trend
The period 2013-14 was a time of consolidation for the infrastructure sector. With the markets looking up, many infrastructure stocks have also had a good run. But do the fundamentals justify the euphoria surrounding these scrips?
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RailQ crane runway rail survey
Cranes should travel or track along their runway rails with a minimum of skew and without binding. Improper tracking leads to premature wheel and rail wear, resulting in costly repairs and downtime as well as inefficient and sub-optimal crane operation.