India has a coastline of 7,517 km, with 12 major ports and 200 notified non-major (minor or intermediate) ports along the coastline. Out of the 200 notified non-major ports, up to 2013-14, only 61 were reported to have been handling cargo brought through maritime routes.
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Gayatri Proj to raise capital
The Board of Directors of Gayatri Projects Ltd has decided to double the authorised capital of the company, from Rs 40 crore to Rs 80 crore, to increase the borrowing power of the company and to raise additional funds
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UP govt permits mixed land use in residential colonies
Commercial use of properties in residential areas is going to be allowed by the Uttar Pradesh government. The government, till now, was not allowing the use of residential areas for commercial use under the housing and urban planning act. The new provision is proposed in the new housing policy which the State government is set to put in place.