Synefra owns three SEZs, and their parent company Suzlon is a big investor. Now, as SEZs brace up to bear the brunt of taxes and a headlong plunge in investor confidence, JR Tanti says the new imposition is insensitive to the humongous investments at stake.
Tag: Construction
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Mining: Go mega for energy security and better infra
A shortfall in coal supply can badly affect the power production of the country as over 70 per cent of total power produced in India is from coal-based projects.
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Double-dip @50?
Barack Obama is apparently spending his waking time getting nightmares, so it seems sleep has been eluding him. When the Republicans sneeze, his sleepless nights get worse.
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Ennore, JNPT to raise Rs 10 bn tax-free bonds
Ennore Port and Jawaharlal Nehru Port Trust (JNPT) will raise Rs 1,000 crore each through the issue of tax-free bonds by March 2012.
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Kerala to spend Rs 1 tn on infra projects
In the next few years, the Kerala State Industrial Development Corporation (KSIDC) will be working on several mega projects worth Rs 100,000 crore.
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Petronet to set up 5 mnt terminal
Petronet LNG is mulling to invest $1 billion to set up a 5 million metric tonne per annum liquefied natural gas (LNG) terminal on the east coast.
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NLC eyes on cancelled NTPC coal blocks
The Union Government received request from Neyveli Lignite (NLC) to allocate three coal blocks that were recently withdrawn from NTPC.
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Revised DFR for Azhikkal port
Following the refusal of investors to participate in the tendering process, Kerala government has called for a revised detailed feasibility report (DFR) from the consultant, Deloitte India, for the development of Azhikkal port in Kannur district.
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CONCOR to ferry container cargo from KPCL
Krishnapatnam Port Company (KPCL) has signed an agreement with Container Corporation of India (CONCOR) for movement of container traffic from the east coast port in Nellore district of Andhra Pradesh to the hinterland.
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Oil Min against independent regulator
The Oil Ministry accepted Chawla Committee's recommendation to make functioning of the Directorate General of Hydrocarbon (DGH) more transparent to prevent corruption charges.