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Tuesday, May 10, 2005

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No special provisions on labour flexibility for SEZs — Govt introduces Bill in Lok Sabha
THE Government today introduced in the Lok Sabha the Special Economic Zones Bill, 2005, which provides for a stable and long-term fiscal policy framework with minimum regulatory intervention for such zones. It also provides for a single-window ... More

Govt wants all players in oil sector to bear subsidy burden
WITH no legal backing to rope in the petroleum refining companies to share the subsidy burden on petroleum products, the Government is working with the oil companies to evolve a mechanism which would result in equal sharing of subsidy burden ... More

TN, AP, Karnataka plan joint venture for 3,000-MW project
WITH power shortages looming large over most of the country and barely any fresh generation capacity in sight, three States have decided to take matter into their own hands. In a unique experiment, the power utilities of Tamil Nadu, Andhra ... More

Bull charge continues as FIIs return — Sensex gains 93 points
STOCK prices continued to move up for the sixth day in a row with the BSE Sensex gaining almost 93 points on revived buying interest both from domestic and foreign investors. Technology stocks that were among the major gainers backed the upward ... More

Raghu Pillai quits RPG Retail
MR Raghu Pillai, President, Retail, RPG Enterprises, has put in his papers after a 22-year stint with the group in various capacities. While confirming his decision to quit, Mr Pillai told Business Line that he wanted to look at new ... More

Govt to clarify opening global skies to airline
THE Ministry of Civil Aviation is to clarify its position on the issues raised by a Parliamentary Standing Committee including its decision to open up international skies to a particular airline and granting it passage rights to some ... More

Insurers face paucity of trained manpower
HOW many employees in private insurance companies have prior industry experience? Less than 10 per cent, if industry sources are to be believed. The influx of new companies has seen professionals with varied industry backgrounds - ... More

Mumbai print media entrants unfazed by newsprint cost
IN the city's Fort area, brothers Charudutt and Sudanshu Dangat of Dangat Newspaper Agency are gearing up for the arrival of at least three new English newspapers in the months ahead. Unlike the anticipation drummed up through media hoardings and ... More



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