Archive for the ‘SEZ Zone India’ Category

Ashar group inaugurates largest IT park in Thane

With a built up area of 1 million sq. ft. and Valuation of Rs. 600 crores, Ashar IT Park is poised to generate employment for more than 12,000 people in & around Thane. The project is tailored to meet today’s complex business needs with suitable amenities and perfectly customized for build-to-suit corporate offices. “This will [...]

Kerala’s new IT Park to come up in Kozhikode

Kerala IT Wednesday got the project approved by the land revenue commissioner and the foundation would be laid this month-end KOZHIKODE, INDIA: Kerala IT Wednesday announced that the first phase of the state’s newest IT Park, Cyber Park, here will be commissioned early next year. Cyber Park is being developed as a hub-and-spoke model in [...]

All steps to set up SEZ: Minister

Puducherry, Apr 26: The Puducherry Administration would take efforts to set up Special Economic Zone (SEZ), after removing the hurdles, with the permission of the Centre, Labour Minister E Valsaraj told the Legislative Assembly today. Replying to the discussion on Demand for Grants for 18 departments, including Industries and Commerce, Mr Valsaraj said efforts were [...]

Unitech can Gerner Rs 5,000 cr from Demerger of non-core Business

Unitech Ltd, the country’s second-largest real estate developer, is likely to garner at least Rs 5,000 crore from the demerger and subsequent listing of its non-core businesses, a source familiar with the development said. If the listing materialises, Unitech would we able to raise funds easily in the non-core business compared to its real estate [...]

Govt Approves Six New SEZs

The government on Friday approved the setting up of six new special economic zones or SEZs, areas which receive special tax and duty concessions for manufacturing and exports. Among those approved are a solar SEZ by infrastructure company Lanco in Chhattisgarh and a copper SEZ by Sterlite Industries in Tamil Nadu. The approvals also allayed [...]