Reliance Industries buys 74% stake in Navi Mumbai IIA for Rs 1,628.03 cr
Dec 13, 2024, at 06:52 pm
Mumbai: Reliance Industries Limited (RIL) said Friday it has acquired a 74% equity stake in Navi Mumbai IIA Private Limited (NMIIA) for Rs 1,628.03 crore, media reports said.
Govt shifts massive refinery projects to Gujarat, Andhra Pradesh amid Saudi energy talks
Nov 28, 2024, at 05:04 pm
New Delhi: The Union government plans to relocate two massive oil refineries, each with an annual capacity of 10-15 million tonnes and integrated petrochemical facilities, from Maharashtra’s Ratnagiri to Gujarat and Andhra Pradesh, according to The Times of India.
Maharashtra got half of India's FDI in Q1FY25: Devendra Fadnavis shares DPIIT stats on X
Sep 08, 2024, at 07:00 am
Mumbai: Maharashtra has bagged half of India's foreign direct investment (FDI) in the first quarter of the 2024-25 financial year, said Deputy Chief Minister Devendra Fadnavis.
Union Cabinet approves 3 metro rail projects in Karnataka and Maharashtra
Aug 17, 2024, at 03:02 am
New Delhi: The Union Cabinet approved three metro rail projects in Karnataka and Maharashtra, with a combined estimated cost of approximately Rs 30,765 crore.
Jun 20, 2024, at 05:07 am
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, today approved setting up a Major Port at Vadhavan near Dahanu in Maharastra.
SJVN Green Energy Limited to develop solar projects of over 1.3 GW in Maharashtra
Mar 09, 2024, at 06:36 am
Mumbai: SJVN Limited has received Letters of Award for the development of Solar Power Projects of capacity 1,352 MW in Maharashtra.
Union Cabinet likely to clear Rs 76,220 cr to develop Vadhvan port in Maharashtra
Mar 07, 2024, at 06:24 am
The Union Cabinet, chaired by Prime Minister Narendra Modi, is likely to give the green signal to a Rs 76,220 crore project to develop a new deep-water major port at Vadhvan near Dahanu in Maharashtra, media reported
Feb 16, 2024, at 03:28 am
Kolkata: The Eirich Group, with Maschinenfabrik Gustav Eirich as its strategic center in Hardheim, Germany, Thursday announced the inauguration of its new state-of-the-art manufacturing plant in Chakan Industrial Area, Pune.
Maharashtra: Adani Enterprises to invest Rs 50,000 cr in data centre infrastructure in next 10 yrs
Jan 18, 2024, at 04:35 am
Davos (Switzerland): Adani Group’s flagship company Adani Enterprises Limited on Wednesday signed a memorandum of understanding (MoU) with the Maharashtra government to set up 1 GW hyperscale data centre infrastructure in the state at an investment of Rs 50,000 crore in the course of the next decade, media reports said.
Hyundai inks APA for acquiring General Motors India’s assets in Maharashtra's Talegaon Plant
Aug 17, 2023, at 05:41 am
Chennai: Automobile major Hyundai Motor India Ltd (HMIL) on Wednesday signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets of General Motors India’s (GMI) Talegaon plant in Maharashtra.
Aug 15, 2023, at 04:02 am
Mumbai/IBNS: Maharashtra has topped the ranking in overall fiscal health closely followed by Chhattisgarh, one of the poorest states in the country, while West Bengal, Kerala, and Punjab are at the bottom positions in a report published by a foreign brokerage.
Volvo Car India's National Parts Warehouse completes 5 yrs
May 12, 2023, at 04:52 am
Kolkata: The National Parts Warehouse of Volvo Car India in Bhiwandi, near Maharashtra’s capital Mumbai, has completed 5 years in India.
Kolhapur-Sangli road to be made of cement concrete to prevent potholes: Gadkari
Jan 29, 2023, at 09:50 pm
Kolhapur: Union Road Transport and Highways Minister Nitin Gadkari Saturday said the Kokhapur-Sangli highway would be constructed of cement concrete to prevent potholes on the arterial stretch for the next 50 years.
Maharashtra: Trump company to invest Rs 300 cr, says minister Uday Samant
Jan 15, 2023, at 11:44 pm
Stuttgart/Mumbai/UNI: Maharashtra State Industries Minister Uday Samant Sunday informed that the Trump company will invest about Rs 300 crore in Maharashtra in the next two years.
Maharashtra: Bombay HC allows Johnson & Johnson to manufacture, sell baby powder
Jan 12, 2023, at 06:32 am
Mumbai: The Bombay High Court on Wednesday allowed Johnson & Johnson to manufacture, distribute and sell its baby powder products, quashing the Maharashtra government’s order cancelling its licence and halting the production and sale of the item, according to a report in the media.
Tata Sons chairman N Chandrasekaran to head Maharashtra's new economic advisory body
Dec 31, 2022, at 03:00 am
Mumbai/IBNS: Tata Sons chairman N Chandrasekaran will lead the new Economic Advisory Council of Maharashtra, the state government said on Thursday.
After 15 yrs of failed attempts, Mumbai's Dharavi slum area to be redeveloped by Adani Group
Nov 30, 2022, at 06:02 am
Mumbai: Adani Group bagged the bid for the redevelopment of Mumbai’s Dharavi area, one of the largest slum clusters in Asia, outbidding DLF, a Moneycontrol report said Tuesday.
Former Tata Sons chairman Cyrus Mistry dies in road accident close to Mumbai
Sep 04, 2022, at 11:08 pm
Mumbai: Former Tata Sons chairman Cyrus Mistry, who had replaced Ratan Tata, died in a road mishap in Palghar region of Maharashtra on Sunday.
BSE inks MoU with Maharashtra to promote SME listing
Jun 27, 2022, at 10:35 pm
Mumbai/UNI: BSE (Bombay Stock Exchange) signed a memorandum of understanding (MoU) with Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) for promoting and creating awareness regarding the benefits of listing on BSE SME platform.
Maharashtra govt must reduce 50 per cent tax on petrol & diesel: BJP
May 25, 2022, at 08:49 pm
Aurangabad: BJP State Secretary Pravin Ghuge on Wednesday sought to reduce 50 per cent tax on petrol and diesel by the MVA-led Thackeray government like in case of alcohol.
Maharashtra follows Kerala, Rajasthan; slashes VAT on fuel
May 23, 2022, at 02:53 am
Mumbai: Maharashtra Government on Sunday reduced the Value Added Tax (VAT) on petrol and diesel by Rs 2.08 per litre and Rs 1.44 per litre respectively.
Coal crisis plunges Indian states into power outrages
Apr 27, 2022, at 12:37 am
New Delhi/IBNS: Dwindling coal stocks in various thermal plants coupled with the high price of importing coal and shortage of rakes has caused a power crisis situation for 12 Indian states, including Maharashtra, and Uttar Pradesh, according to media reports.
Eirich Group- Germany expands in India with new plant in Pune
Apr 11, 2022, at 11:01 pm
Kolkata: Eirich India has planned to start production of machinery and equipment as early as Q1 2023 at its new plant in Pune's Chakan industrial area.
After Maharashtra, Telangana, Punjab invites Tesla to set shop
Jan 17, 2022, at 06:37 am
New Delhi/IBNS: Maharashtra, Telangana, and now Punjab has invited Tesla CEO Elon Musk to set up an electric vehicle manufacturer amid a standoff with the government import duties.
IT Dept raids company engaged in dairy sector in Pune, detects unaccounted income of Rs 400 cr
Dec 03, 2021, at 07:40 am
Pune/IBNS: The Income Tax Department initiated search and seizure operations on a leading group of Pune, engaged in dairy farming and milk products add seized unaccounted cash and unexplained jewellery of about Rs 2.50 crore.
PVR announces reopening in Maharashtra with launch of PVR Maison
Oct 20, 2021, at 09:01 pm
Mumbai/IBNS: PVR Ltd, the premium film exhibition company in India through its luxury arm, The Luxury Collection, has announced the launch of a boutique property, PVR Maison at Jio World Drive, Bandra Kurla Complex, here.
IT department raids Mumbai-based real estate firms, claims Rs 184 crore hidden income
Oct 15, 2021, at 11:55 pm
New Delhi/UNI: In its crackdown on suspected tax-evading real estate firms based out of Mumbai, the Income Tax department has claimed to have detected hidden income of Rs 184 crore.
Flipkart to set up 4 new facilities in Maharashtra, 4,000 jobs to be created
Aug 18, 2021, at 01:09 am
Mumbai/IBNS: Walmart-run e-commerce major Flipkart has announced it will strengthen its presence in the western state of Maharashtra by setting up four new facilities.
Kamalam exported from Maharashtra to Dubai
Jun 27, 2021, at 12:11 am
New Delhi: In a major boost to export of exotic fruit, a consignment of fibre and mineral rich ‘Dragon Fruit’, also referred as Kamalam, has been exported to Dubai.
Tesla Inc to set up India headquarters in Mumbai: Report
Apr 25, 2021, at 10:58 pm
Mumbai/IBNS: Tesla is setting up its office in the Lower Parel-Worli area in Mumbai with its production base in Karnataka, an ET report said.