Bellary steel AGM on 22.08.2008...

The Defence Procurement Procedure 2006 made it essential for overseas suppliers to have value addition from within India – or called offsets – for major defence contracts.

The offset stipulation would drive business opportunities in the defence sector in the medium term. DPP-2008 has been announced and will come into effect from September 1.

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mid-day 7th august'2008...

Bangalore:



GLAD TO KNOW: Ashok Kheny

Highway builder Ashok Kheny is hopeful of getting help from the Yeddyuarppa government in bagging a contract to build four corridors across the state.
His proposed the 2600-km road project, Karnataka First, includes a corridor linking Bidar and Bangalore. The other three highways are: Karwar-Bellary, Mangalore- Bangalore, and Raichur-Belgaum.

A cakewalk

With JD(S) boss Deve Gowda putting hurdles to his 111-km long Bangalore-Mysore infrastructure corridor, Kheny faced a nightmare in getting through it.
But this time he is sure of a cakewalk with Gowda being sidelined after the latest developments in the state and his friend Yeddyurappa at the helm.
"We have proposed the project and are sure of starting the work early next year," said Ashok Kheny. "The roads will be finished in five years."

Crucial project

The cost of the project is estimated around Rs 20, 000. It will be carried out by a consortium of ten companies including Kalyani group, with Kheny's NICE (Nandi Infrastructure Corridor Enterprises) taking the lead. Pointing out the absence of a highway between Bidar and Bangalore, Kheny said the corridor would play a great role in boosting the state economy by connecting the remote areas with the capital.

Save 10 hours

"Now, it takes 16 hours to reach Bangalore from Bidar. Once the Karnataka First is completed it will come down to six hours," said Kheny. Along with the stretch there will be public amenity sites apart from a private market to procure farm produce. For every 25 km there will be a cold storage, a food-processing unit and outlets to sell food products. Kheny said he would ensure a fair price helping the farmers to market their products.

Usual procedure

Though the state government is apparently helpful to Kheny the officials say they would follow due procedures before clearing the project. "The project will undergo routine process. But we will ensure that it will progress keeping in mind the infrastructure development of the state," said Gaurav Gupta, joint secretary, infrastructure.

Travel time

Bidar- Bangalore (6 hours)
Karwar- Bellary (2 hours)
Mangalore- Bangalore (2.5 hours)
Raichur- Belgaum (2 hours)
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from where did u get this information plz reply....