Cement manufacturer, Binani Cement under the Binani Group of Industries is planning a massive investment in Gujarat for setting up a two million tonne per annum greenfield plant across the coastal area.

The company aims to spend around Rs 2,000 crore within 4 years time. The outlay includes Rs 800 crore for a 2 mtpa greenfield plant in coastal Gujarat and Rs 200 crore for a 1 mtpa grinding unit at Bharuch in Gujarat, stated the company's deputy managing director.

"We have already acquired 100 acres of land and work on the grinding unit will start within this fiscal itself," he pointed out.
--MP

A school bus carrying students falls into canal near V killing as many as 44 people most of them children.

The bus mishap occured  in Bodeli near Vadodara when the bus carrying students were travelling from Targol to Bodeli. The students studied in various schools in Bodeli and was going for the annual exams.

With rescue operations underway 41 bodies have been have been fished out of the canal so far. 'The bus driver seemed to have lost control and the bus broke through a protective railing, plunging it into the canal,' says an official. 
--MP

Chhattisgarh Chief Minister and BJP leader Raman Singh is on a 3 day visit to Gujarat during which he will have talks with the Gujarat Chief Minister Narendra Modi.

The visit holds significance with Chattisgarh going to assembly elections later this year. The discussions between both the BJP ruled Chief Ministers would be focussed on political issues.

With BJP aiming to retain power in Chhattisgarh, many see Singh's  visit as a party strategy building exercise for the upcoming elections who would want to take some lessons from Modi.
--MP

To tackle with the spiralling price rises, government may put a ban on cement exports.

If this comes into effect the manufacturers of cement especially the ones in Gujarat including Gujarat Ambuja and Aditya Birla group's Ultratech are is the major ones to be affected.

Earlier concerned over the rising inflation levelsunion minister for commerce and industry, Kamal Nath has indicated of banning cement exports aimed at augmenting domestic supplies. --MP

Justice Akshay Mehta has been appointed as a member of the 2 member Nanavati Commission which will carry out the investigation on the post-Godhra Gujarat riots.

Jugde Mehta who had service with Gujarat HC and retired in 2007 has been appointed by the Gujarat government following the death of Justice Shah who was one of the member of the panel. The commission which was formed in 2002 to probe on post-Godhra riots has been conducting the inquiry over the past years. 

The Commission led by Justice G T Nanavati is expected to resume the hearing on the cases shortly.
--MP

A chemical factory in Gujarat 'Bharuch Enviro infrastructure Ltd. (BEIL)' at industrial zone Ankleshwar which caught on fire on Thursday is brought under control.

"Fire is now under control. We had taken precautions regarding emissions from the fire in the surrounding villages." said District administration.

Authorities had also confirmed that there had been no casualities in the fire mishap. However the extend of the damage being caused by the fire are yet to be estimated.
--MP

Natural gas supplier and marketer GAIL India has signed agreement for marketing rights of gas from the entire Panna-Mukta and Tapti (PMT) fields.

GAIL in a statement has revealed that it will buy the gas at $5.73 per million British thermal unit (mBtu) for Panna field and $5.57 per mBtu of the Tapti field.

"The contract was signed late on Monday night and is in pursuance of the government nominating GAIL as its nominee to take the entire PMT gas," said GAIL.
--MP