In Tamil Nadu, the total deposits of the banks has touched Rs 4,11,478.29 crore with a year-on-year increase of 14.27 per cent by December, 2012. The credit portfolio has experienced an increase of 21.67 per cent during the same period and reached Rs 5,01,143.48 crore, according to the State Level Bankers' Committee (SLBC).
Tag: Tamil Nadu
Post
Post
TN govt asks GAIL to lay pipelines on roadsides
Tamil Nadu Chief Minister J Jayalalithaa said her government would not allow the Kochi-Bengaluru GAIL gas pipeline project to affect the welfare of farmers. It may be recalled that local farmers are protesting against GAIL's decision to lay gas pipeline on agricultural land. Recently, the state government held a three-day consultation with affected farmers. Also, the chief minister asked Chief Secretary Sheela Balakrishnan to hold discussions with those affected
Post
Sadbhav bags Rs 382-cr NHAI order in TN
For widening of an 80-km stretch of NH-210 in Tamil Nadu, Sadbhav Engineering on March 20 stated that it has bagged a Rs 382-crore order from NHAI. The company has been declared the successful bidder in respect of the bid invited by National Highways Authority of India (NHAI), the Ahmedabad-based firm said in a BSE filing.
Post
Ennore Port, JNPT raise funds via bonds
Ennore Port and Jawaharlal Nehru Port Trust (JNPT) are in the processing of raising funds through issue of tax-free bonds. While Ennore Port is raising Rs 1,000-crore through the bond, JNPT would raise Rs 2,000 crore. Ennore Port offers two categories of bonds: 10 year bonds bearing annual rate of interest of 7.01 per cent and 15 years offering 7.17
Post
Ennore Port takes steps to boost connectivity
Ennore Port is making efforts to develop allied infrastructure like road, rail connectivity in order to boost cargo handling at the port. As part of this effort, the port authority proposed a railway line connecting Ennore Port with Minjur in the first phase and then Minjur to Vandalur in the second phase. The Tamil Nadu government wanted to add pass
Post
Ennore Port suggests use of land for rail link project
Ennore Port in Tamil Nadu suggested the state government to use a stretch of land for laying a rail link connecting the port to Nemilicheri, and eventually connecting the Chennai-Bangalore rail link. The 62-km ORR from Vandalur to Minjur is 125 m in width. A provision of 25 m had been made in the middle of the road for a possible railway link. Ennore Port suggested use of this space for constructing the
Post
Ennore Port suggests use of land for rail link project
Ennore Port in Tamil Nadu suggested the state government to use a stretch of land for laying a rail link connecting the port to Nemilicheri, and eventually connecting the Chennai-Bangalore rail link. The 62-km ORR from Vandalur to Minjur is 125 m in width. A provision of 25 m had been made in the middle of the road for a possible railway link. Ennore Port suggested use of this space for constructing the
Post
Southern Railways suggests industrialists to set up freight terminal
Southern Railways suggested industrialists in Coimbatore, Tamil Nadu to come together and set up a private freight terminal to move the goods manufactured or produced in this region to upcountry markets. Sujatha Jayaraj, the Divisional Railway Manager of Southern Railways – Salem Division said this during an interactive session with industrialists in Coimbatore
Post
Southern Railways suggests industrialists to set up freight terminal
Southern Railways suggested industrialists in Coimbatore, Tamil Nadu to come together and set up a private freight terminal to move the goods manufactured or produced in this region to upcountry markets. Sujatha Jayaraj, the Divisional Railway Manager of Southern Railways – Salem Division said this during an interactive session with industrialists in Coimbatore
Post
TN govt to introduce land acquisition policy
Tamil Nadu government plans to introduce a land acquisition policy considering that non-availability of land for industrial units is a major hurdle in attracting new investments in the manufacturing sector, Governor K Rosaiah said. He said this at the customary GovernorÂ’s address in the Assembly marking the start of the session