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’
Monthly Archive for November, 2007
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’
Mangalore, November 27, 2007: “This is not a purely profit driven venture,” said I.S.N. Prasad, chief operating officer and managing director of Mangalore Special Economic Zone Limited while defending the Rs. 35,000-crore project in an interaction with presspersons here on Monday. Continue reading ‘MSEZ is not a profit-driven venture, say official’
Mangalore, November 27, 2007 (TNN): The Mangalore Special Economic Zone (M-SEZ) Company was not a profit driven venture and intended to work on a ‘no-profit, no-loss’ basis, according to M-SEZ managing director and chief operating officer I S N Prasad. here on Monday. Prasad told reporters here on Monday, that the land acquisition process was totally bonafide. Continue reading ‘Completion Of R&R Package Before SEZ Ruled Out’
Mangalore, november 27, 2007: People opposing the Special Economic Zone in the district got a boost when former home minister and MLA P G R Sindhia declared his support for the cause. Addressing Bahujan Samaj Party workers at the party workers’ convention at Government Employees’ Hall on Monday, Sindhia said that BSP opposed the setting up of SEZs. Continue reading ‘Sindhia opposes SEZs on agro land, demands debate’
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