Monthly Archive for June, 2007

New norms may hit SEZ investment

Sunny Verma & Arun S, The Financial Express

New Delhi, June 29, 2007: A host of companies from sectors such as steel, auto components, electronics, telecom, chip manufacturers and IT/ITES, among others, may have to rethink their ambitious investment plans for special economic zones (SEZ) as the government wants to indirectly debar them from selling goods in the lucrative and big domestic market. Continue reading ‘New norms may hit SEZ investment’

More SEZ tax sops come under threat

Arun & Surabhi, The Financial Express

New Delhi, June 29, 2007: The finance ministry has objected to certain service tax exemptions for special economic zones (SEZs) businesses. This is for services they make use of outside these zones. Continue reading ‘More SEZ tax sops come under threat’

Call to fight against SEZ Act

The Hindu

Vijayawada, June 30, 2007: General Secretary of the Communist Party of India (Marxist-Leninist) Kanu Sanyal on Friday called upon people to launch a fight against the Special Economic Zones (SEZs) Act on the lines of Telangana armed struggle and Naxalbury struggle. Continue reading ‘Call to fight against SEZ Act’

DSK’s proposed SEZ

Express News Service

Pune, June 27, 2007: THE Special Economic Zone proposed by city-based D S Kulkarni Developers Ltd at Fursungi has received the recommendation for in-principle approval during the Board of Approvals Meeting held at New Delhi on June 22, a press release issued by the company said. Continue reading ‘DSK’s proposed SEZ’

Drop M’lore SEZ plan, PM urged

Deccan Herald News Service

Mangalore, June 27, 2007: SEZ Impact Assessment Committee, a sub-committee of NGO Forum has urged the Prime Minister to drop the proposed projects of Mangalore Special Economic Zone (SEZ) and Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), for reasons that the projects will affect the environment and health of the region. Continue reading ‘Drop M’lore SEZ plan, PM urged’

Social activists converge on Bhubaneswar against SEZ

Statesman News Service

Bhubaneswar, June 27: Social activists of 10 states who had gathered here for a two-day convention on displacement and SEZ policy resolved to fight against the anti-farm and anti-people move of MNCs and the land grab that was taking place in the country. Continue reading ‘Social activists converge on Bhubaneswar against SEZ’

Final hurdle for Nanguneri SEZ cleared

P. Sudhakar, The Hindu

Tirunelveli, June 28, 2007: The final hurdle for establishing a hi-tech park in the proposed Nanguneri Special Economic Zone (SEZ), transfer of 412 acres of land by the Department of Hindu Religious and Charitable Endowments to the promoter, was cleared on Wednesday. Continue reading ‘Final hurdle for Nanguneri SEZ cleared’