With the historic referendum on the fate of the proposed special economic zone (SEZ) in Raigad just a week away, the Maharashtra government has decided to double the compensation amount — from ten lakh rupees per hectare to twenty lakh rupees per hectare — for the farmers who stand to lose their land.

This is in addition to the promise of making them stakeholders in the mega project and the a read more »
Discuss   Tell a friend   Bury
The BMC on Thursday served a showcause notice on Shah Rukh Khan’s production house in Khar for allegedly running an office from a residential building. read more »
Discuss   Tell a friend   Bury
Inflation raced to a 13-year high of 11.05 per cent for the week ended June 7, 2008, driven by a 7.8 per cent rise in fuel, power and lubricants prices and a 14 per cent surge in ATF prices.

The stock market reacted sharply, falling by over 500 points to end a dismal week of performance. The current inflation is clearly caused by the global spike in oil prices

The RBI may be feeling it’s a read more »
Discuss   Tell a friend   Bury
Be proud of Sharad Pawar. He is the only maharashtrain to have so much command and power. I have

the actual conversation between Sharad Pawar and Vijay Maliya.

Sharad Pawar : May-liya kasa ahey?
Vijay Maliya : I am doing fine, Sharad.
Sharad Pawar : May-liya, why you investing in F1?
Vijay Maliya : There is nothing to invest in Indian Sports.
Sharad Pawar : Arre May-liya, I am going read more »
4 Comments   Tell a friend   Bury
main chahta hoon ki maharashtrian humesha aam, doodh aur machliyan bechte rahein aur unhe in shetron mein uchh opportunities milti rahein :))

hahaha

we are busy selling cars and stock and building factories in the rest of the country. give us some time, and we will bring all the bhaiyyas back here and then u can be happy with ur milk business. read more »
2 Comments   Tell a friend   Bury
India Monday significantly boosted its space capabilities with the copybook launch of a Rs.700 million ($17.4 million) rocket that simultaneously placed in orbit 10 satellites - two Indian and eight foreign.

The launch firmly established India as a major player in the $1 billion global satellite launch market, a significant milestone in the country's 45-year-old space programme.

The satell read more »
3 Comments   Tell a friend   Bury
Finance minister P Chidambaram mentioned the plans to make Mumbai a world class financial centre in his budget speech.

The government contends that the infrastructure needs to be in place before the plan to turn Mumbai into a financial centre is implemented. The plan to make Mumbai into a world financial centre should be implemented along with these infrastructure projects. The Mumbai Makeover read more »
2 Comments   Tell a friend   Bury
To implement the proposal of cluster development of old buildings in the metropolis, Maharashtra Chief Minister Vilasrao Deshmukh today issued directives to prepare the guidelines in 15 days. read more »
Discuss   Tell a friend   Bury
Daily-wage earner files complaint against Citi Finance; RTI reveals company does not have licence and maximum interest allowed is 15%!
In his complaint, Semlani stated that till February 11, 2006, Naik had paid Rs 11,644 in installments and wanted to clear the remainder at one go. Citi Finance then asked him to pay Rs 19,777. This meant Citi Finance had calculated interest at 84.37 per cent! read more »
1 Comment   Tell a friend   Bury
India’s first SEZ (special economic zone) in the co-operative sector, worth Rs 930 crore, will be set up in Girner village near Aurangabad in the backward Marathwada region following the lead taken by a 62-year-old civil engineer-turned-farmer, Mohan Raut.

Encouraged by his own success in the cooperative sector-after graduating from Mumbai’s VJTI in civil engineering, he moved to Aurangabad n read more »
2 Comments   Tell a friend   Bury
Three face-offs over multi-crore projects in the last 26 months.
The latest battleground for India’s richest brothers is the bid to build the second Metro rail project in Mumbai, which will have 27 stations costing nearly Rs 6,192 crore. read more »
2 Comments   Tell a friend   Bury
Please click the title and read the story.

Basically, Thackeray has asked for 50 % flats for Maharashtrians.

I have two points to make:

1. Thackeray and Sena will forget this statement in 24 hours.

2. If Thackeray insists on this, this is a perfect solution to make Mumbai a Maharshtrian city (and drive IT jobs, BPO services jobs, employment, industry to other states.

Reason for poi read more »
38 Comments   Tell a friend   Bury
In a solution to the ever-worsening problem of plastic waste, city-based BVG India Ltd has developed a technological process for producing pure diesel and petrol from all types of plastic wastes.

The company has completed basic prototype trials and aims at carrying out the remaining trials by the end of January.

It plans to set up a manufacturing and processing plant by the end of March a read more »
15 Comments   Tell a friend   Bury
In Kalyan, the first branded pattie-in-a-bun is not a multinational name. For, long before the burger chains came calling, this little township on the fringes of Mumbai already had its own branded vada-pav, the Khidki Vada-pav.

Literally meaning window, the name Khidki stuck after the fried potato snack sold from a tiny window of a chawl became a rage.

Now, having been filling rumbling sto read more »
1 Comment   Tell a friend   Bury
At the last OPEC summit, when the Americans were complaining about rising oil prices and urging oil-rich nations to increase supply, one oil minister from the Middle-East stumped the US attendees when he said, “You keep complaining about paying 100 dollars for a gallon of oil, but you don’t think twice about paying 1100 dollars for a kilo of Starbucks coffee.”

Although the Middle-East countr read more »
1 Comment   Tell a friend   Bury