Company Overview and News

Mumbai properties to be more expensive

2016-04-01 financialexpress
The Maharashtra  government has hiked the ready reckoner (RR) rates for property by an average 7% across the state, effective Friday, disappointing the real estate fraternity at a time when sales of residential units remain subdued.

Bharat Wire Ropes shares surge over 5% on debut

2016-04-01 thehindubusinessline
Shares of Bharat Wire Ropes made a positive debut on the bourses on Friday, rising by over 5 per cent, against the issue price of Rs 45.

Upgrade to Neutral on ITC: New pricing strategy to help boost volumes

2016-03-27 financialexpress
In contrast to its previous strategy, ITC has pushed through a 13% price hike only at the premium end of its portfolio in response to a 10% hike in excise duty by the central government and a 5-15% hike in VAT by a few state governments. This essentially translates into a weighted average price hike of 7.6%, the lowest in the last four years. With this move, we can expect a boost in volumes, which have been on a constant decline over the past two years.

Mumbai dance bars to reopen amid worries trafficking of women may rise

2016-03-16 in.reuters
MUMBAI (Thomson Reuters Foundation) - After a 10-year hiatus, dance bars are set to reopen in Mumbai and Maharashtra state with activists warning women and girls could be trafficked and abused in these venues but bar owners arguing this is legimitate, needed work.

Maharashtra govt attempts to bring uniformity in transportation costs for sugar mills

2016-02-25 financialexpress
The Maharashtra government is attempting to bring some uniformity in the harvesting and transportation costs of cane for sugar factories.

States flex muscles at Mumbai event

2016-02-14 thehindubusinessline
Haryana, Odisha bag crores of investments; Maharashtra plans textiles boost

Anil Agarwal to invest $10 bn to make LCDs in India

2016-02-13 business-standard
Kalyani Group, Sweden's Saab tie up for air defence systems

Centre to build mega refinery in Maharashtra

2016-02-12 thehindubusinessline
The proposed mega public sector refinery on the western coast will need around 15,

Tech MNCs eye govt initiatives to expand presence

2016-02-10 financialexpress
Cisco has given a commitment to the government to set up its manufacturing plant in India and is also actively engaged in creation of digital cities in the country

Raymond to more than double fabric manufacturing capacity

2016-02-10 business-standard
The fabric and apparel maker is investing Rs 450 crore in a new plant in Amravati, as well as ramping up production at Kolhapur plant

Maharashtra: Salman Khan’s acquittal is a ‘travesty’

2016-02-05 financialexpress
The Maharashtra government on Friday told the Supreme Court that Bollywood actor Salman Khan’s acquittal in a 2002 hit-and-run case is a “travesty of justice”, reports fe Bureau in New Delhi.

Centre gives fresh green nod to Mumbai Trans Harbour Link project

2016-01-25 financialexpress
The Centre today issued a fresh coastal regulation zone (CRZ) clearance to the ambitious 22-km Mumbai Trans Harbour Link project worth Rs 11,370 crore.

Maharashtra govt files Special Leave Petition over Salman Khan acquittal in Supreme Court

2016-01-22 financialexpress
The Maharashtra government on Friday filed a Special Leave Petition (SLP) before the Supreme Court, challenging the Bombay High Court verdict that acquitted actor Salman Khan in the 2002 hit-and-run case.

Maharashtra sugar mills express concern over probe into futures trading

2016-01-20 financialexpress
Private sugar mills in Maharashtra have expressed concern over the state government's decision to investigate alleged speculation in sugar trading on commodity futures in the country.

Shunned by PE investors, TABcab faces closure within a year

2016-01-19 financialexpress
TABcab, which was once among the largest radio taxi operators in Mumbai, could wind up its operations completely in less than a year’s time unless...

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