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in a notification on guidelines for power generation in SEZs said the directive issued in March 2012 was being withdrawn and the position of February 2009 was being restored.

Farmer leader Shetty calls off stir against Land Bill

Farmer leader and MP Raju Shetty, an ally of BJP in Maharashtra, on Tuesday called off his agitation against Land Acquisition Bill and a Special Economic Zone (SEZ) near here after a "telephonic talk" with Chief Minister Devendra Fadnavis.

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.

CBI recovers cash from Central Excise officer's office

CBI on Thursday carried out searches against officials of Central Excise posted at Special Economic Zone of Mundra, Gujarat and recovered cash from their offices besides property documents and jewellery from residences.

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".

Maharashtra CM Fadnavis wants business-friendly policies to boost economy

Asserting his willingness to make changes in the Special Economic Zone (SEZ) policy, Maharashtra Chief Minister Devendra Fadnavis has said the only way to boost the state's economy is by easing the business culture.

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.

Modi to meet officials tomorrow to sort out SEZ woes

Seeking to revive the beleaguered Special Economic Zones, Prime Minister Narendra Modi will hold a meeting of the officials of commerce and finance ministries on Saturday to sort out the taxation and other problems hampering the implementation of the scheme.

SEZ: SC asks Haryana to apprise it about land allocated to RIL

The crucial final hearing on petitions challenging the validity of Special Economic Zone policy was Thursday postponed by the Supreme Court which asked Haryana Government to apprise it of the current status of land allocated to Reliance Industries Ltd which has withdrawn from one such project.

24 SEZ developers seek more time for projects; 3 to surrender

As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.