markenomy - may 2015

Journal for Sustainable Infrastructure Economy

ISSN 2349-7599Volume 8 Issue - V May 2015

NaMo government must get its Economic Act together,That too in Quick time locally

The Inconvenient TRUTH

present

Covering Energy & Power, State-of-the-Art Infrastructure (Ports, Airports, HighwaysIndustrial Corridors, SEZ’s & IT, Smart City Infrastructure, Urban & Rural Mass Housing Projects

Inland Waterways, Irrigation & Canal Networks, Mass Rapid Transport Systems - MRTsHigh - Speed Bullet Trains & Railway Infrastructure etc.)

MAY 20152

Inside this Issue6-7 EU ECONOMY Ratings Agencies say NO Default if Greece

Misses ECB, IMF Payments

8 ECONOMY – INDIA Modi backed RBI in turf war with Finance

Ministry

9 ENERGY Saudi Oil Minister Naimi optimistic about

kingdom's Oil Future

10 PMO – PIB News PM launches DD Kisan - India's First

Television Channel dedicated to Farmers

11 PMO – PIB News PM Chairs High-level Meeting on

Infrastructure Sectors

12 ASMEI NEWS FEATURE Micro Units Development Refinance Agency

(MUDRA) Bank

13 PRESIDENT OF INDIA RUSSIA has been a Pillar of Strength at

difficult moments in INDIA's History, says President, Mukherjee

14-15 WATER RESOURCES Storage Status of 91 Important Reservoirs of

the Country as on May 07, 2015

16 RURAL INFRA Setting up of Cold Storage Facilities

17 MSME BUZZ Kisan Mouldings to fully automate its

Extrusion Division at Tarapur at a total Capital Outlay of over Rs. 60 million

22-23 MICRO HOUSING FINANCE Micro Housing Finance Corporation

announces audited FYE March 31, 2015 financials

A. Prakash Iyer Executive Publisher & Editor, MARKENOMY

VP & Secretary, ENERTIA Foundation

Vice President - Editorial Advisory Board

Steffi IyerContent Research

Amruta ArgadeCirculation Co-ordination

Poonam MateSubscription

Maria IyerMedia Research

Veronica JaykumarHead Print & Layouts

Shruthi V. NairHead Design & Creative

Rashmi Ballal Head Finance & Accounts

Supported by

Content Research Web Channel Partners

Publishers

Official Publication of

Rajesh SharmaIndependent Consultant;

Former Executive Vice President,Escorts Construction Equipment Ltd.

Amit GossainAssociate VP-

Marketing and Business DevelopmentJCB India Ltd.

T. K. ModakIndependent Consultant

& Advisor in InfrastructureFounder ChairmanTKM Foundation

S. K. DharmadhikariFormer Executive VP & CTO

HCC Ltd.

P. V. S. N. MurtyHon. Regional Director-NCR

MARKENOMY& Associate Director, REPA

Mathan PrakashChief Creative Officer (CCO)

Hetal MehtaHon. Regional Editorial Director

MARKENOMY& Jt. President, REPA

Dr. Hirdesh KhannaEuropean Union Chapter &

Director - EU, FSAIHon. Associate Director General, REPA

G. KannanDirector & CEO

Shin Thermo Dynamic Engineering Pvt. Ltd.

T. C. AroraHon. Associate Director, REPA

MD, AccunergyFormer Director, Toshiba India

Rajesh AgarwalChairman & Managing Director

BS Limited

Padmini UpadhyayaDy. Director - Business Development

& CSR

Rakesh MarkhedkarPresident & Head - EPC

Bajaj Electricals Ltd.

FIRST SALVO

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Place of Publication, Editorial & Head OfficeNo. 323, ‘A’ Wing, Shantaram Tower, Shivaji Path,Ganesh Nagar, Dombivli (W), Thane - 421 202, MaharashtraTel. (Office) : 090290 77245 / 092235 47582 / 93226 04411Tel. (Edit) : 092232 07245 / 92244 07245 / 090290 07245Email : [email protected] / [email protected]

MARKENOMY is Printed, Published & Owned byProf. A. Gopalakrishnan Iyer * Proprietor, Falcon Media and Printed byhim for Falcon Media at No. 323, ‘A’ Wing, Shantaram Tower, Shivaji Path,Ganesh Nagar, Dombivli (W), Thane - 421 202, Maharashtra

* Editor : Prof. A. Gopalakrishnan Iyer(Responsible for selection of news under PRB act.)

FIRST SALVO

7

Prof. A. Gopalakrishnan IyerDistinguished Aluminums - National Institute of Technology (NIT), Kurukshetra-formerly Regional Engineering College (REC), KurukshetraFaculty of Mechanical Engineering (ME), B.TechEditor-in-Chief & Founder Publisher, MARKENOMY, Falcon Media; President, ENERTIA Foundation;CMD & Editor-in-Chief : ENFRAtv, ENERTIA EnfraMedia Pvt. Ltd.Email: [email protected] / [email protected]

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Website : www.falconmedia.co.in

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ISSN 2349-7599

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Latest Issue OnlineNewsstand Purchase

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EU ECONOMY

6 MAY 2015

Ratings Agencies say NO Defaultif Greece Misses ECB, IMF Payments

7MAY 2015

EU ECONOMY

ECONOMY – INDIA

8 MAY 2015

Modi backed RBI in turf war with Finance Ministry

9MAY 2015

audi oil minister Ali al-Naimi said Son Tuesday he was optimistic about the future of the kingdom's

oi l and gas sector under the new leadership, state news agency SPA reported.

Saudi Arabia's King Salman named his nephew Mohammed bin Nayef, 55, and his son Mohammed bin Salman, 30, as his heirs last week, apparently setting up the line of succession for decades to come in the world's top oil exporter. The moves were part of a much wider government reshuffle in which Naimi retained his job as minister.

"I would like to talk about the future, and I will be honest, I am optimistic about the future of oil and gas and manufacturing in the kingdom under the leadership of King Salman, Crown Prince Mohammed bin Nayef and Deputy Crown Prince and head o f t h e S u p r e m e E c o n o m i c a n d Development Council Mohammed bin Salman," Naimi said according to SPA.

"I see a bright future for education, training, development and manufacturing in the kingdom. And for transforming the k i n g d o m i n t o a l e a d i n g c o u n t r y in . . . industr ies re lated to o i l , gas , petrochemicals and mining.”

(Source : Reuters)

ENERGY

Saudi Oil Minister

Naimi optimistic

about kingdom's Oil Future

10 MAY 2015

PM launches DD Kisan India's First Television Channel dedicated to Farmers

PM: Foodgrain productivity must rise from 2 tons per hectare to 3 tons per hectare

PM: Tehsil should be the unit of agricultural development

PMO – PIB News

11MAY 2015

PMO – PIB News

PM Chairs High-level Meeting on Infrastructure Sectors

12 MAY 2015

ASMEI NEWS FEATURE

Micro Units Development Refinance Agency (MUDRA) Bank

13MAY 2015

PRESIDENT OF INDIA

he President of India, Shri Pranab TMukherjee said Russia has been a pi l lar of strength at dif f icult

moments in India's histor y. He was delivering the keynote address at the Diplomatic Academy of the Russian Ministry of Foreign Affairs after receiving an Honorary Doctorate from the Academy on May 8, 2015 at Moscow.

The President said India-Russia relations, shaped as they are by our respective historical experiences, cultural affinities, political convergences and economic opportunities, will not be affected by winds

of transient global political trends. Russia has contributed to India’s development, growth and security. India will always reciprocate this support.

Across Indian society and the spectrum of its political structures, there is unanimity that friendship with Russia is an important pillar of India's foreign policy. India values its close and extensive cooperation with Russia in defence, nuclear energy and security. Russia is and will remain our most important defence partner.

It is also a key partner for our energy security, b u i l d i ng o n i t s l ead i ng ro l e i n t h e development of nuclear power generation in India.

T h e P r e s i d e n t s a i d t h e d y n a m i c development of India-Russia strategic partnership owes a great deal to the vision and leadership of President Vladimir Putin. His personal commitment has led to new heights in relations of the two countries. India recognizes President Putin as a great friend of India. He looks for ward to renewing his association with President Putin on this visit.

(Source : PIB)

RUSSIA has been a Pillar of Strengthat difficult moments in INDIA's History,

says President, Mukherjee

14 MAY 2015

WATER RESOURCES

Storage Status of 91 Important Reservoirs of the Country as on May 07, 2015

15MAY 2015

WATER RESOURCES

16 MAY 2015

RURAL INFRA

Setting up of Cold Storage Facilities

Research Support Publishers


Infrastructure Water Environment Economy Infrastructure Water Environment Economy Infrastructure Water Environment Economy

Volume 3 Issue - II November 2011 (Incl. Intl. Postage)

In this Issue:Infra VisionS. K. Dharmadhikari, Executive Vice President Chief Technical Officer Hindustan Construction Co. Ltd.

Cover PowerInfra Sector Has Done Well in 11th Plan… needs to sustain in 12th

Mining VisionLarge-scale Reform Urgent in Mining

Green Infra Hyderabad Industries Go Green With Zero Waste

... and more

Infrastructure Water Environment Economy

Volume 3 Issue - II November 2011 (Incl. Intl. Postage)

In this Issue:Infra VisionS. K. Dharmadhikari, Executive Vice President Chief Technical Officer Hindustan Construction Co. Ltd.

Cover PowerInfra Sector Has Done Well in 11th Plan… needs to sustain in 12th

Mining VisionLarge-scale Reform Urgent in Mining

Green Infra Hyderabad Industries Go Green With Zero Waste

... and more

20 MAY 2015

MSME BUZZ

Kisan Mouldings to fully automateits Extrusion Division at Tarapur at a total CapitalOutlay of over Rs. 60 million

F O U N D A T I O N

........and other such initiatives for Sustainable & Renewable Energy and Power

4th

CONCLAVE 2016

th9

AWARDS 2015

President, ENERTIA Foundation

Prof A. G. IyerEditor-in-Chief & Founder Publisher, ENERTIA;

President, Renewable Energy Promotion Association (REPA)

VP & Secretary, ENERTIA Foundation

A. Prakash IyerExecutive Publisher & Editor, ENERTIA;Sr. VP & Secretary General, Renewable Energy Promotion Association (REPA)

India Vision 2032”

presents

Summit & Conclave 20154th

Micro Housing Finance Corporation announces audited FYE March 31, 2015 financials

Highlights include 32% increase in PAT / 40% increase in loans outstanding / 5 star GIIRS (social impact) rating

MICRO HOUSING FINANCE

22 MAY 2015

MICRO HOUSING FINANCE

23MAY 2015

CORPORATE CAPITAL

24 MAY 2015

umbai, Maharashtra, Reliance MIndustries Limited has obtained an amount of $200 million after

it sold its long-term bonds. The bonds were sold to investors in Taiwan. Completion of such a sale makes Reliance Industries, the first company to do so.

Formosa bondsBonds that are issued in Taiwan and are not in the New Taiwan Dollar, are termed as Formosa bonds. The market of these bonds is fast growing as it provides funds for a longer period and may be invested with insurers in Taiwan.

Reliance Industries is the first company of Asia that has captured this market.

Reliance Industries gave a notice to the exchanges yesterday. It mentioned that the company had obtained the money by issuing 20-year notes with coupon rate of 5%.

The company informed, "These notes, denominated in US dollars, have been issued primarily to Taiwanese life insurance companies and are proposed to be listed on the Taipei Exchange." It also said that the money will be used for its ongoing capital expenditure.

The issue was managed by renowned banks, namely Deutsche Bank AG, HSBC Bank (Taiwan) Ltd. And Taipei Branch. A banker said that many companies are tapping the Formosa bond market. It is because in this market, the issuer may make use of very long-

dated bond financing and redeem it even before it is matured.

Randhir Singh, India Head of Financing at Deutsche Bank said that, this Formosa bond is the first which is not based in India. He also said that the bond issued by Reliance Industries has the longest tenure among any such bond issued by any Asian company. Reliance Industries is an active foreign currency borrower.

T h e c o m p a n y p l a n s t o e x p a n d i t s petrochemical business and roll out its 4G (fourth generation) telecom services. It is planning to expand its petrochemical business by 60% in 2 years.

Preparations for telecom ventureIn thi s month, R el iance Industr ies ' subsidiary, Reliance JioInfocomm Limited acquired $750 million from an association of nine bank s. Korea Trade Insurance Corporation (K-Sure) acted as the guarantor of this loan.

Reliance Industries also took $1 billion after selling 10-year bonds, in January. Investors from Asia, Europe and US bought these bonds. In the last three years, the company has acquired more than $10 billion from out of India borrowings. A major portion of this amount is used for setting up its telecom infrastructure.

The company is gearing up to establish a telecom network spread throughout the country. It wants to offer communication service and internet connection with high-speed. Besides, it also focuses on giving other digital services in sectors like education, entertainment, healthcare, government-citizen interface, security and financial services.

To set up the infrastructure the company has already invested more than $14 billion. It has also planned to roll out its voice services in a minimum of five cities before the end of next month.

The company has a license to offer 4G services all over the country in 22 circles under the spectrum band of 2,300MHz. Besides, it has also won 20 telecom regions in spectrum bands of 800MHz and 1800MHz.

Reliance Industries sellsTaiwan Bonds for $200 Million

markenomy - may 2015

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