Govt. to award 6 shipping projects worth Rs 3300 cr.

October 6th, 2009 NEW DELHI - Prolonged delays in acquiring land for industrial projects could endanger potential investments worth $100 billion in India, according to an industry lobby report. "Delays in land acquisition procedures for industrial projects are threatening to endanger investments worth $100 billion all over the country in near term," said the report of the Associated Chambers of Commerce and Industry (Assocham).

September 18th, 2009 NEW DELHI - The Communist Party of India-Marxist (CPI-M) Friday hit out at the shipping ministry's move to offload government stake in the Cochin shipyard, and said it will raise the issue in the shipping consultative committee of parliament. "I have conveyed my displeasure to Shipping Minister G.K.

September 15th, 2009 NEW DELHI - The shipping ministry has approved the Department of Economic Affairs' proposal to divest government state in Cochin shipyard, Shipping Secretary A.P.V.N. Sarma said here Tuesday.

August 19th, 2009 NEW DELHI - Union Urban Development Minister S. Jaipal Reddy on Wednesday said the government is ready to offer 20 percent of the cost of mega development projects if taken up as a public-private partnership (PPP).

July 13th, 2009 NEW DELHI - Bidders for infrastructure projects in the shipping sector need to have a minimum net worth that is twice the project cost, the government said Monday. "Since BOT (build, operate and transfer) projects require the concessionaire to make the investment required for the project, it was suggested that threshold be increased to twice the project cost," Shipping Minister G.K.

July 1st, 2009 NEW DELHI - Union Minister of Shipping G. K. Vasan officially released the 100 days agenda for the Ministry of Shipping here today.

July 1st, 2009 NEW DELHI - More public-private partnership (PPP) projects for building ports, revised guidelines for port operations, and speedier acquisition of ships and equipment are some of the targets set by the shipping ministry in its 100-day agenda unveiled Wednesday. Five more PPP projects are likely to be awarded, including coal terminals at Paradip and Mormugao ports and container terminals at Ennore and Tuticorin, according to the agenda released by Shipping Minister G.K.

June 26th, 2009 NEW DELHI - After road transport ministry, it is now the turn of the shipping ministry to demand a separate financing arm. "The ministry has submitted a proposal to the finance ministry to form a Shipping Finance Corp," said a ministry official.

May 21st, 2009 NEW DELHI - Reliance Power, an energy generation firm in the Anil Ambani group, has signed pacts with the Arunachal Pradesh government for four hydro-electric power projects in state with a combined capacity of 2,520 MW. 'We won the projects through the competitive bidding process of the Arunachal Pradesh government.

April 6th, 2009 NEW DELHI - With the Nifty hitting the 3300 mark on Monday, equities made an impressive opening. Buying interest has emerged in realty, banking and metal stocks.

March 21st, 2009 NEW DELHI - About 40 percent of the country's road projects put up for competitive bidding have found no takers due to the economic slowdown, a Planning Commission member said here Friday. 'Of the 60 road projects that had been put up for competitive bidding, 40 percent received no bids,' Planning Commission member Kirit Parikh said.

February 21st, 2009 NEW DELHI - Alifiya Khan, 24, has won the third Anupama Jayaraman Memorial journalism award for exposing loopholes in the country's healthcare system with a series of investigative articles. The award consists of a citation and a cash award of Rs.15,000.

February 9th, 2009 KOLKATA - The shipping ministry is preparing a document on the financial requirements of the industry, which will be submitted to the finance ministry next month, a top official said here Tuesday. 'Call it a growth package.

January 29th, 2009 MUMBAI - Bollywood actress Kareena Kapoor will be honoured by the Rotary Club for being the youngest achiever of the film industry. She will be given the Vocational Excellence Award by Bansi Dhurandhar Feb 1 here at the Grand Hyatt, Santacruz.

January 10th, 2009 HYDERABAD - The Andhra Pradesh government Sunday denied there were any irregularities in awarding contracts for various infrastructure projects to Maytas Infra, the company promoted by the family of disgraced former chairman of Satyam Computers. Chief Minister Y.S.