Punjab Newspaper

You are browsing the archives of business.

Punjab Government’s Empowered Committee on mega projects under the chairmanship of Punjab Chief Minister Mr.Parkash Singh Badal today cleared industrial projects worth Rs.1345 crore.
Disclosing this here today, a spokesman of the Punjab Government said that these were the first clearances given to the new projects after the formulation of new government policy for mega projects. [...]

Punjab Chief Minister Parkash Singh Badal inaugurated Field Fresh venture of Bharti group of industries. In his welcome address Vice Chairman of Bharti Enterprises Rakesh Bharti Mittal said that the vision of the field fresh to link Indian Fields to the World by making India a global food basket and its mission to be a [...]

HFCL Infotel Limited, has launched its mobile service, under the brand name ‘Ping’ for Punjab and Chandigarh, here today.
Ping offers call charges of one paisa per second with the benefit of single second billing. This effectively means that the user will pay exactly for the time of usage in seconds. Instead of minute based charging [...]

Keeping in view fulfilling the demand of the winsome knitwear which was increased manifold due to rapid industrialization of the State, a MoU has been signed between Winsome knitwear and institute Management Committee, ITI (W). Mohali to start short term Job Oriented modular course of linking machine operator, from October, 2007.
Disclosing this here today, Ch. [...]

To put Punjab on fast track for economic development, the Punjab Government would create a congenial atmosphere to attract investments from outside the state in the industrial sector.
This was stated by Punjab Chief Minister Mr.Parkash Singh Badal during an Interaction Session with the industrialists from Northern region here today organized by the PHD Chamber of [...]

Heavy Automobile Industry in Punjab got a big boost today with the Premier Japanese Automobile, multi-national ISUZU Motors deciding to start manufacturing buses and trucks in the state.
An announcement to this effect was made by the Chairman ISUZU Mr.Yoshinori Ida alongwith Chairman Sumitomo Corporation Mr.Motoyuki Oka during deliberations with the Punjab Chief Minister Mr.Parkash Singh [...]

Punjab has the highest concentration of Mercedes cars in India.  This was revealed by Managing director and chief executive officer of Daimler-Chrysler Wilfried Aulbur.
Punjab’s Mercedes dealer Taipan Motors’ owner Manjit Singh Bala said that Punjab’s industrial hub Ludhiana had over 550 Mercedes cars while Chandigarh had over 300 of them. There were a few hundred [...]

Punjab is all set for heralding a ‘Citrus & Vegetable Juice’ revolution in the state thereby embarking upon an ambitious programme for planting Citrus orchards on 5577 acres, of which 1137 acres had already been covered under the Citrus plantation in collaboration with Tropicana owned by (PepsiCo) the largest juice brand in the world. [...]

A pioneering project to build a stronger relationship between Wolverhampton and India was launched in the House of Commons today attended by James Purnell; Secretary of State for Culture, Media and Sport and Lord Digby Jones of Birmingham; the Minister for Trade.
Also attending were local MPs, representatives of Wolverhampton City Council, Wolverhampton University and College, [...]

“Indian economy is changing from Emerging to Surging. India is on the path of becoming a major economic power and Latin America recognizes and accords a special focus to Indian economy,” said Mr Carlos Irigoyen, Ambassador, PERUWAL, while addressing the select industry delegates at the Seminar on India and Latin America and Caribbean : Scaling [...]

Markfed has achieved profit of Rs.8.56 crore during the year 2006-07 which is 154 % more than the budgeted profit of Rs 3.37 crore. All this has been possible by enforcing austerity measures in the reduction of overheads and by bringing improvement in the efficiency of the Plants. Also, [...]

There is need to remove impediments to enhancing bilateral trade between India and Pakistan, including opening of Wagha border for movement of goods. However, facilities at both ends, including bonded warehouses need to be created, said Mr. Sanjay Bhatia, President, PHDCCI.
This was one of the significant issues discussed during the PHDCCI business delegation visit to [...]

Punjab Chief Minister, Mr. Parkash Singh Badal today demanded a special package from the Union Government for trade and industry in the state to off-set the huge disadvantages caused by similar package being given to its neighbouring states.

Presiding over a Punjab State Annual Session: 2006-07 and session on Vision Punjab: The Next five [...]

The Punjab Government proposes to hold a vigilance enquiry into the dis-investment of Punjab Tractors Ltd. to a financial investor. This comes in the wake of allegations that the dis-investment was made on a single bid basis and the process and procedure so adopted was not lawful.

According to an official press release in case the [...]

The Shiromani Akali Dal President Mr. Parkash Singh Badal strongly opposed the proposed move of the UPA Government to impose President rule in U.P to dismiss democratically elected Mulayam Singh Yadav government by misusing article 356 of the Constitution of India. He said that if the U.P. Government is dismissed invoking article 356, then it [...]

Storming into the stronghold of Shiromani Akali Dal (SAD) in the Malwa belt, with a battle cry to wipe out Akalis from this region, Punjab Chief Minister Capt. Amarinder Singh today took Mr.Parkash Singh Badal heads on with a sole massage of development, long lasting peace and communal harmony, on the 3rd day of the [...]

Punjab Chief Minister Capt. Amarinder Singh today announced to name Kathunangal – Majitha- Fatehgarhchurrian-Ramdas as Baba Buddha Ji Marg as a mark of respect to the prominent religious figure of the sikhism who had the unique honour of applying the ceremonial tilk on 5 Sikh gurus besides serving as the first head granthi of [...]

Punjab Chief Minister Capt. Amarinder Singh today called upon the youth to emulate the great Sikh Statesman of 20 th century and a true patriot Panth Rattan Master Tara Singh who played a vanguard role in shaping political consciousness of the Sikh masses without compromising with the unity and integrity of the country.
[...]

The Ministers and Congress Scheduled Caste MLAs in a meeting held here under the Chairmanship of Punjab Chief Minister Capt. Amarinder Singh today unanimously decided that the state govt. should enact a legislation to provide a statutory framework for the existing policy of reservation of the state, whereby 50% quota of SCs (25%) was earmarked [...]

A two-year-old daughter of a labourer, was allegedly raped by a worker employed at a construction site in Maqboolpura locality.
The district police have booked one person, a construction labourer hailing from Jharkhand, in this regard, after conducting the medical examination of the minor girl.
The accused has fled and no arrests have been made. Police said [...]

A Memorandum of Understanding (MOU) was signed between the Government of Punjab and Reliance Retail Limited (RRL) to promote agri-business in the State. The government described it as a major export drive for selling the produce of Punjab globally, large scale credit access to the farmer with high quality banking and increase in farm productivity [...]

The first consignment of fresh vegetables has been flagged off from the cargo terminal at Rajasansi airport. The consignment has been despatched to UK.
The Punjab Chief Minister, Capt. Amarinder Singh strongly stressed upon the need to change the crop pattern of Punjab farmer, for their betterment as well as for the economic prosperity of the [...]

Punjab Pollution Control Board has ordered the closure of 117 units in Ludhiana and Jalandhar. Issuing orders today under the Water (Prevention and Control) Act, 1974, the board directed closure of 73 units in Ludhiana and 44 in Jalandhar and also wrote to the Punjab State Electricity Board for snapping their power connections.
Majority of them [...]

Minister of Equipment and Transport, Republic of Mali, Abdoulaye Koita and his technical advisor Nambougary Traore visited the Rail Coach Factory (RCF) at Kapurthala here today. RCF has already received an order to manufacture and supply 50 coaches that would run between Senegal and Mali.
RCF is one of the largest railway coach manufacturers in [...]

In order to promote the Crop Diversification Programme of the Govt. of Punjab, MARKFED, Asia’s largest marketing cooperative, has decided to undertake contract farming of various crops, especially with an export potential, on a year round basis. The crops shall include basmati and long grain varieties of [...]