Financial Daily from THE HINDU group of publications
Friday, April 12, 2002
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Financial Daily from THE HINDU group of publications Friday, April 12, 2002 |
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INDUSTRY & ECONOMY AUTOMOBILES TN: Entry tax on aluminium may hit auto sector The entry tax entailing excess amount of seven per cent, cannot be set off on every transaction. More CONSUMER ELECTRONICS FICCI seeks level field for consumer electronics THE Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Government to create a level-playing field for the consumer electronics sector. In its post-Budget proposals submitted to the Finance Ministry, FICCI said that the ... More ECONOMY 
Karnataka's annual Plan pegged at Rs 8,610.61 crKARNATAKA'S annual plan for the current fiscal has been pegged at Rs 8,610.61 crore based on identifiable resources of the State Government at a meeting between the Deputy Chairman, Planning Commission, Mr K.C. Pant and the State Chief Minister, ... More
ENVIRONMENT German aid for waste disposal unit BANGALORE: Karnataka has been extended an assistance of 3 million DM by the German Government for setting up a hazardous waste disposal facility near Bangalore. Slated to be the first of its kind, the project will be set up in ... More FOREIGN TRADE 
Changes in taxation treaty with Mauritius ruled outTHE visiting Deputy Prime Minister of Mauritius, Mr Paul Raymond Berenger, on Thursday categorically stated that no amendments were in the offing on the existing Double Taxation Avoidance treaty between India and Mauritius, even as he emphasised ... More INFRASTRUCTURE 
`Pref' treatment for foreign investors of infrastructure cosTHE Government is examining the option of allowing companies in the infrastructure sector, especially telecom, to defer depreciation or dip into their reserves to pay dividends on preference shares held by foreign investors. It perceives that ... More
TN to invest Rs 30 cr in infrastructure projects PHARMACEUTICALS NPPA increases prices of 12 formulation packs THE National Pharmaceutical Pricing Authority has increased/fixed the prices of 16 formulation packs. Prices have been fixed for the first time in the case of four formulation packs. In the case of 12 packs, prices have been increased, ranging ... More POWER GMCI against tax on power consumption THE Karnataka Power Transmission Corporation (KPTCL) should desist from levying tax and surcharge on power consumption by HT and LT consumers as this was "arbitrary'' and not accounted for by the user while considering the cost of ... More
STEEL Finished steel output up in 2001-02 FINISHED steel production in the country increased marginally by 2.5 per cent in 2001-02 with Vizag Steel Plant showing double digit growth rate and Steel Authority of India Ltd (SAIL) showing a lower production between April 2001 and March ... More TAXATION VAT panel meet on April 15 THE empowered committee on state Finance Ministers on value-added tax (VAT) is scheduled to meet here on April 15 to take stock of the level of preparedness for switching over from the existing sales tax system to a VAT regime beginning April 1, ... More
AP mineral water units in a fix over ST classification SSI WATER MANAGEMENT Tirupur water scheme set to take off TIRUPUR can revive its hopes for a private water supply scheme, with the Tamil Nadu Government formally clearing the proposal for the Rs 1,000-crore industrial/drinking water scheme for the hosiery-exporting town. Indications are that the ... More MANAGEMENT AMDISA to have own campus THE Association of Management Development Institutions in South Asia (AMDISA), based in Hyderabad, is firming up plans to establish its own campus with an investment of Rs 1.2 crore. The State Government has given nine acres of land in ... More FOODS & FOOD PROCESSING It's a different `dot' game EVEN as you get used to seeing a brown dot on FritoLay's packet of barbecue-chicken flavour chips or Nestle's prawn-cubes — it's time to watch out for another dot. The Government has made it mandatory for vegetarian products too, to sport ... More REAL ESTATE & CONSTRUCTION `Budget to spur real estate growth' NEW DELHI: The Budget incentives and lifting of some restrictions regarding foreign direct investment (FDI) are likely to spur the real estate market in the country, real estate services company CB Richard Ellis has said. In its latest ... More INDUSTRY ASSOCIATIONS FICCI plea to relax norms for charitable, religious trusts THE Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Government to relax the existing norms for charitable and religious trusts. Raising certain issues in its post Budget proposals, the chamber urged the Government ... More
Assocham for 1 pc cut in Bank Rate DISINVESTMENT M.P. to de-notify land for NEPA sale THE Madhya Pradesh cabinet has cleared a proposal to de-notify the forestland on which NEPA Ltd is situated, giving a big boost to the process of disinvestment in the company idling over a title-deed issue. "The State Government will now have ... More
Sterlite concludes HZL deal; pays Rs 445 cr to Govt
Hindustan Cables staff seek merger with BSNL IPR CFTRI files 100 patents THE Central Food Technology Research Institute, Mysore, has filed 100 patents in the country this year — the largest number for a single year — for different food products. Besides, it has also filed 75 patents in various countries. ... More
TRADE & LABOUR UNIONS West Bengal: Call for better working conditions WHILE workers must concentrate on increasing productivity, employers too must ensure that proper working conditions are maintained, the West Bengal Labour Minister, Mr Mohammed Amin, has said. He was addressing the first session of the two-day ... More EVENTS 
Panel to study manufacturing sector likelyTHE Government is likely to set up an inter-ministerial group to work on improving Indian manufacturing sector's competitive edge, Mr N.K. Singh, Member, Planning Commission, said on Thursday. "Currently, we do not have a national strategy to ... More
INCOME TAX Madras HC stays cut in tax on perks THE Madras High Court has granted an interim stay of the operation of the provisions of Section 17 (2) (vi) of the Income-Tax Act regarding valuation of perquisites for I-T purpose, on a writ petition filed by the All-India Bank Officers' ... More EXPORTS & IMPORTS ECGC starts `non-recourse' factoring services THE Export Credit Guarantee Corporation of India Ltd (ECGC) has introduced `non-recourse' export factoring services. The service is aimed at meeting the post shipment needs of exporters of goods and services. Apart from the 100 per cent credit ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 31-Apr. 6 Traditional export items under-perform Govt cuts SDS to 9 pc; PF rate reduction on anvil Bleak export scenario set to change: Maran New initiatives to drive export growth Simplified norms; specific packages Farm exports freed; thrust to SEZs -- Maran gives Exim policy a friendly push Extra revenue outgo on sops at Rs 1,000 cr -- Total outflow may top Rs 27,000 cr in 2002-03 To cover pool account deficit -- Govt issues Rs 9,000-cr bonds to oil majors Exports falter, 11-month growth rate at 0.06 pc BoP problem unlikely: Jalan `Newsprint cos have no plans to raise capacity' Mineral water plant in AP leaves the locals high and dry? Natural gas at market prices to power, fertiliser cos: Naik Electronics export up 37 pc |
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