Anil Urs
Bangalore, November 28, 2007: IT firms located in Software Technology Parks of India (STPI) locations are now preferring Special Economic Zones (SEZs) backed by favourable fiscal benefits. Of the 366 formally approved SEZs in the country, 62 per cent are solely dedicated to the IT/ITeS sector. Continue reading ‘IT, ITeS firms prefer SEZs to STPI locations’
Kakinada, November 27, 2007: Noted social activist and Ramon Magsaysay awardee Sandeep Pandey said that the Nandigram fiasco should be a lesson for all governments which might try to snatch agricultural lands from farmers purportedly for setting up Special Economic Zones (SEZ). Continue reading ‘Exploitation in the name of SEZ: Pandey’
Mumbai, November 27, 2007: Adani group-promoted Mundra Port and Special Economic Zone (SEZ) got listed at Rs 770, up 75% from offer price of Rs 440 a share. Within minutes of getting listed, the scrip soared to Rs 1,050. Over 48 lakh shares of Mundra Port and SEZ changed hands at the NSE. Continue reading ‘Mundra Port and SEZ lists at 75% premium’
Mangalore, November 27 2007: As Krishi Bhoomi Samrakshana Samiti (KBSS), Karnataka Rajy Raita Sangha (KRRS) and NGO Okkoota were gearing up to fight tooth and nail, Mangalore Special Economic Zone (MSEZ) officials begun an earnest attempt to sell the project to Mangalore on Monday. Continue reading ‘‘MSEZ to promote economic development’’
Mumbai, November 27, 2007: India’s largest non-government cargo terminal Mundra Port & SEZ Ltd, whose share price crossed the Rs 1,000 mark on its debut at the bourses on Tuesday, is planning to borrow Rs 1,200 crore for a coal terminal. Continue reading ‘Mundra Port & SEZ to raise Rs 1,200 cr for coal terminal’
Mangalore, November 27, 2007: Bahujan Samaj Party (BSP) is opposed to setting up Special Economic Zones (SEZs) in India at the cost of farmers, its leader and former Minister P.G.R. Sindhia has said. While there was a need to set up industries to address the problem of unemployment in the country, the move by the Centre to find a solution for it in SEZs, and acquiring fertile agriculture land and displacing farmers was wrong, he said. Continue reading ‘SEZs should not be at farmers’ cost: Sindhia’
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