FLOWER-AUCTION HOUSE PROJECT SPROUTS THORN
Article Abstract:
The Rs29.16 crore international flower-auction project which is to be set up by the Agricultural and Processed Food Exports Development Authority (Apeda) is facing problems. Apeda is not satisfied over the Karnataka government's contribution to the project. Apeda planned to invest Rs14.58 crore in the project while the Karnataka Agro Industries Corporation (KAIC) had proposed to contribute Rs10.28 crore in form of land. It had proposed to contribute seven and half acres of land at its premises in Hebbal for the project. Apeda is now asking the state government to contribute financially to the project. The auction-house aims to improve export potential of India and will cater to both local and export markets. (gs)
Comment:
India: The Rs29.16 crore intnl flower-auction project which is to be set up by APEDA is facing problems
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
ENRON MULLS NEW PIPELINE PROJECT
Article Abstract:
Enron International Inc (EII) has got the approval of the Foreign Investment Promotion Board (FIPB) for executing a pipeline project. The project envisages laying pipelines from its Regas terminal in Dabhol to other gas consumers in Maharashtra, Gujarat, Karnataka and Tamil Nadu. The project involves an investment of $600 million, depending upon the demand of gas from the neighbouring States. In the initial stage of the project, EII will hold 100 percent equity in the project company. (gs)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: PRIVATE POWER PROJECTS IN TAMIL NADU: CAPTIVE POWER PROJECTS - A STATUS REPORT. NLC POSTS Rs223.46 CR PRE-TAX IN H1
- Abstracts: LEVERAGING ON THE CORE SPL TO ENTER TRACTOR, LCV SEGMENTS
- Abstracts: KEL TO BUY HONDA STAKE IN JV WITH CAR-PROJECT FUNDS THREE-PRONGED STRATEGY TO BEAT PRESSURE ON VOLUME. CARBORUNDUM MAKES OPEN OFFER FOR OCL STAKE
- Abstracts: FOREX RESERVES GO UP BY $530 MILLION DULL TRADE IN FOREX MARKET
- Abstracts: BUDGET IMPACT: CEMENT SECTOR. GRASIM INDUSTRIES. MANGALAM CEMENT - STAY AWAY