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SEZs keen on FTA rates, commerce ministry working on proposal

SEZs keen on FTA rates, commerce ministry working on proposal

The SEZ players have demanded that they be allowed to sell their goods in DTA on same terms as applicable under free trade agreements (FTAs) signed by India with different countries.

SEZ India: Centre launches app for Special Economic Zone information

The government has launched a mobile app called 'SEZ India' that provides detailed information about the country's special economic zones, an official statement said on Sunday.

Govt rejects Infosys proposal to set up IT SEZ in West Bengal

Govt rejects Infosys proposal to set up IT SEZ in West Bengal

The Centre has rejected a proposal of software major Infosys to set up an IT special economic zone (SEZ) in West Bengal due to lack of state's recommendation.

Adani Ports raises Rs 500 cr via debentures

Adani Ports and Special Economic Zone on Tuesday said it has raised Rs 500 crore through issue of debentures on private placement basis.

Tata Steel expects 20Kcr investment in Gopalpur SEZ

Tata Steel expects 20Kcr investment in Gopalpur SEZ

 Tata Steel is in discussion with foreign companies for investments up to Rs 20,000 crore in heavy industries over the next five years at its Special Economic Zone (SEZ) project at Gopalpur in Odisha.

Vedanta, Hindalco to exit Sensex on December 21

Vedanta, Hindalco to exit Sensex on December 21

These stocks would be replaced by Adani Ports and Special Economic Zone and Asian Paints Ltd.

Fitch gives 'stable' outlook to Adani Ports

Credit rating agency Fitch on Friday assigned a stable outlook to Adani Ports and Special Economic Zone (APSEZ).

Adani Ports begins bookbuilding for debut dollar bond

Adani Ports and Special Economic Zone is marketing a five-year US dollar bond to yield around 210bp over US Treasuries.

HC exempts Adani group from paying duty retrospectively

The Gujarat High Court on Wednesday set aside a 2010 notification of the union government which levied customs duty on electricity transfer by Adani Power Limited from its Special Economic Zone at Mundra to domestic areas with retrospective effect.

Foreign investment limit raised to 40% in Adani Ports & SEZ

The Reserve Bank has allowed foreign investors to invest up to 40 percent of the paid up capital in Adani Ports and Special Economic Zone Ltd (APSEZ) under the Portfolio Investment Scheme (PIS).

SEZ: ComMin to take up denotification, extension proposals Tuesday

The Commerce Ministry will on Tuesday take up 22 proposals of SEZ developers that have approached it to surrender their tax free zones.

Earnings maths buoy Adani Ports & SEZ over 9%

On NSE, the scrip gained 9.33 percent to settle at Rs 347.20.

SEZ: Govt withdraws duty benefits for power plants

The Commerce Ministry in a notification on guidelines for power generation in SEZs said the directive issued in March 2012 was being withdrawn and the position of February 2009 was being restored.

Norms for financial services centres by month end: Govt

Regulation for the International Financial Services Centres will be issued by the month end and the first such centre will be developed in the GIFT City in Gujarat, government said Friday.

Proposals worth over Rs 25,352 crore for electronics mfg

Government has received investment proposals worth over Rs 25,352 crore for electronics manufacturing in the country under the two schemes launched by the government to boost domestic production of such goods.

Export from Indore SEZ likely to touch Rs 3,500 cr in FY15

Export from the Special Economic Zone (SEZ) in Madhya Pradesh's Indore can touch Rs 3,500 crore in the current financial year if the bullish sentiment in global demand continues to drive the growth.

31 SEZ developers, units seek more time to implement projects

As many as 31 special economic zone (SEZ) developers and units -- including Torrent Pharmaceuticals and Zydus Technologies -- have sought more time from the government for implementing their projects.

CII seeks cut in Minimum Alternate Tax to 10% in Budget

In its Pre-Budget memorandum for 2015-16 submitted to the Finance Ministry, it has "strongly recommended that MAT should be reduced to 10 percent...The entire provision of MAT needs to be re-examined to incentivize investments".

Modi to launch mega-infra projects in Maharashtra

Prime Minister Narendra Modi will lay the foundation stone of the Rs.6,000 crore port-based multi-product special economic zone (SEZ) here Saturday, officials said Friday.

Wipro to expand operations in Visakhapatnam

IT major Wipro plans to expand its operations in coastal city of Visakhapatnam in Andhra Pradesh with an investment of Rs 500 crore.