QatarEnergy, TotalEnergies sign 27-year LNG supply agreementQatar has secured its largest and longest European gas supply deal, providing France with up to 3.5 million metric tons of LNG per year for...
Niti Aayog objects to certain provisions in proposed DESH billNiti Aayog has raised objections to certain provisions pertaining to the proposed DESH bill, which seeks to replace the existing law for sp...
Budget 2022: SEZ Act getting ready for a makeoverThe commerce and industry ministry had pushed for a new Act for SEZs to make them engines of growth as well as compliant with the global tr...
SEZ eligibility may now depend on new jobs, R&D and not forexThe commerce department has proposed to replace the positive net foreign exchange (NFE), a primary requirement for SEZ units, with the new ...
Commerce Ministry looking at ways to revamp SEZ policyIt has also discussed ways for implementation of the remaining recommendations of Baba Kalyani report on SEZ to facilitate ease of doing bu...
Panel suggests delinking special economic zones from exportsThe panel wants SEZs to be converted into employment and economic enclaves (3Es) with efficient transport infrastructure, uninterrupted wat...
SEZ rules eased for merger of units, minimum area requirementThe new rules permit merger of units in the same zone and do away with the minimum area requirement to set up biotechnology and health SEZs.
- Aditya Birla group exits race to acquire Northern Iron
Aditya Birla group has pulled out of the race to acquire Northern Iron, citing variability in production at Sydvaranger iron project.
- Revisit SEZ policy to prevent misuse: Parliamentary panel
A Parliamentary panel today suggested the government should revisit the special economic zone (SEZ) scheme to plug loopholes and prevent it...
Swiss firm Prominvest tops Aditya Birla's bid for Northern IronThe offer comes after India's Aditya Birla Group on July 23 sweetened its buyout offer by 8.5 per cent to AUD 1.40 per share.
- Easier forex obligation may knock at SEZ doors
Govt may relax the positive net foreign exchange obligation - which mandates that export earnings of units in SEZs have to be higher than t...
- Govt may relax NFE for some SEZs
The government may relax the net foreign exchange (NFE) positive obligation for some categories of special economic zones (SEZs) including ...
- RIL's fuel retailing plans hit duty hurdle
The government is not in favour of allowing the company to sell fuel in the domestic market from its export-oriented unit (EoU) without pay...
- Govt relaxes foreign exchange earning norm for EOUs
The government on Wednesday said the five year-period for Export Oriented Units to earn net foreign exchange may be extended if they are un...
- North Block hollers for more dollars from SEZs
Foreign exchange earning obligation of the units located in special economic zonesmay go up significantly.
- 'Export items should be made more competitive'
The Federation of Indian Export Organisation has suggested certain measures to render exports competitive.
- Policies tilt in favour of SEZs, EOUs want a better deal
If you see the number of export oriented units (EOUs) declining over the years, blame it on the government's policy framework.