MUMBAI, Aug. 14 -- The state government has leased 1,500 acres of agricultural land in Ahilyanagar, without a bidding process, to the Mumbai headquartered Nibe Group at an annual rent of Rs.50,000 per acre, with a 3% annual escalation. It was approved by the revenue department in June and formalised through a GR on Thursday. Officials could not reveal details of the project as the company will manufacture defence-related products on the land. P4...