Page 3 - Sezs

Govt must withdraw orders on transfer of SEZ units' assets

The new procedures envisage no role for SEZ developers. That may not be acceptable to many developers

Trying to ease rules to make it easier for units to exit SEZs: Goyal

The commerce ministry is trying to ease norms for Special Economic Zones and make it simpler for units to exit these areas, union Minister Piyush Goyal said on Thursday.

Govt likely to give more sops to units in special economic zones

With this incentive, manufacturers in SEZs that have spare capacity will be able to boost production

Logistics Data Bank Services extended to 9 major SEZs across India

Major SEZs include Visakhapatnam, SEEPZ Mumbai, Surat, MEPZ Chennai, Cochin, Kandla, Noida, Mangalore and Dahez SEZ

Performance-linked incentives fail to excite solar manufacturing firms

Domestic manufacturers could end up getting barely 3-5 per cent of the sale value of their solar cells and modules as incentives through this scheme

Govt looking to monetise possible IT parks, SEZs developed on PSU land

Developing long-term, revenue-generating resources by using such idle assets will help create more value than by disposing them of at low valuations

Pimco stops participating in bond offerings of Adani Ports & SEZ

Existing holdings to run till maturity; Australia coal project key factor

Commerce ministry should remove impossible conditions in SEZ rules: Expert

The Commerce Ministry should amend the Rule 34 suitably and also the Rules 46(12) and 46(13), as the procurement certificate has been replaced with the intimation prescribed under Rule 5 of Customs

Volume recovery, acquisitions key to Adani Ports and SEZ's growth

Reducing promoter pledge further can help drive stock gains

Adani Ports completes Rs 12,000 cr deal for 75% stake in Krishnapatnam

The acquisition will accelerate APSEZ's stride towards 500 MMT by 2025 and is another step in implementing its stated strategy of cargo parity between west and east coasts

Govt puts Rs 2 crore cap on exports promotion scheme, sparks protests

Exporters fume as notification by Commerce Department confirms January 1, 2021 as end date for scheme

Why Atmanirbhar could be govt's biggest gift to Indian pvt sector in 30 yrs

Despite the largesse, however, it remains to be seen whether or Indian companies can shrug off the old habit of jugaad, tweaks and twists

Domestic solar gear makers seek level-playing field for units in SEZs

Industry said without a level-playing field, domestic manufacturers in SEZs will have to shut shop and "may see job losses in tune of 15,000 people"

If the imported goods found defective can be re-exported, says expert

The specific provision under the Customs Act, 1962 is Section 26A that allows refund of import duty if the imported goods are found defective

Power sector hopes for reforms at state level as Centre curbs imports

Given the federal structure in the power sector, most states float tenders different from the Centre and adopt separate selection criteria, mostly tilting towards low cost.

Needed: Coastal economic zones

CEZs could help improve exports and employment, attract FDI and offer a credible public works programme

1,600-MW Jharkhand project delayed amid Covid-19 lockdown: Adani Power

The project would supply 1,496 MW to Bangladesh Power Development Board after it is operational

No increase in lease rent for SEZ units in FY21 due to coronavirus: Centre

And payment of lease rent of the first quarter is to be deferred up to July 31, 2020, for all SEZ units

Jewellery exporters seek permission to start diamond bourse, SEZ in Mumbai

The industry would like to commence operations at the earliest to avoid cancellation of pending orders

Dassault Reliance Aerospace resumes operation at MIHAN with 25-30% strength

It plans to gradually scale up later in consultation with District Administration and MIHAN authorities