The Hindu Business Line : Saturday, June 17, 2006

ENVIRONMENT
Govt plans to enact law on CDM issues
The Government plans to enact a law that will regulate and clarify issues relating to Clean Development Mechanism (CDM), according to Mr S.K. Panigrahi, Director (Environment and Forests), Planning Commission. Addressing an awareness programme ... More

FOREIGN TRADE
Kuwait seeks closer trade ties with India
Head of the State of Kuwait, Sheikh Sabah al Ahmad al-Jaber al-Sabah, on Friday sought closer economic and trade relationship with India that can provide job opportunities and high living standards to the people of the two countries. While ... More

INFRASTRUCTURE
IVRCL bags Rs 558-cr AP Govt order
IVRCL Infrastructures & Projects Ltd has announced that it has bagged an order valued Rs 557.8-crore from the Irrigation and CAD Department, Government of Andhra Pradesh, for execution of `Handri Niva Sujala Shravanthi' (HNSS) project. The ... More

PSU
Nod for Bharat Ophthalmic closure
The Union Cabinet on Friday accepted the decision of the Board for Industrial and Financial Reconstruction and recommendation of the Board for Reconstruction of Public Sector Enterprises for winding up of Bharat Ophthalmic Glass ... More

PETROLEUM
Refining constraints may continue for 3-4 years
Strong possibility of industry facing new challenges More

GAIL eyes E&P blocks in Madagascar
Plans to adopt a consortium approach for bidding More

No change in ONGC's approach to become integrated energy co
Acquisition of SPIC Petro by MRPL put on the back burner More

Corridor project: BJP moots high-level panel
The Bharatiya Janata Party (BJP), a coalition partner in the Karnataka Government, has suggested that a high-level committee - involving experts, farmers and ministers — be formed to find a solution to the present imbroglio on ... More

KRL gets productivity award
Kochi Refineries Ltd (KRL) has received the FACT-MKK Nayar Memorial Productivity Award instituted by the Kerala State Productivity Council. The award is for the best productivity performance during 2004-05 in large industries ... More

POWER
Lanco Infratech plans to bid for 2 ultra mega projects
Lanco Infratech Ltd, the holding company of the diversified Lanco Group, is set to bid for two ultra-mega projects offered for independent developers and has roped in strategic partners for the go-to-bid strategy. The Chairman, Mr L. ... More

TAXATION
VAT panel concerned over Govt action on declared goods
`Consultation with State Finance Ministers panel is necessary' More

Maharashtra tax revenues up 31 pc in April-May
Tax revenues of Maharashtra have recorded a 31.11-per-cent increase in the first two months of the current fiscal to touch Rs 4,142 crore compared to a level of Rs 3,159 crore achieved in the same period last year. Official sources said the ... More

COAL
`Conversion of coal to oil may be viable'
The two-day national conference on "India's energy security: Coal and alternative energy resources" hasobserved that the conversion of coal to oil may become economically viable for some of the coal deposits and similarly underground gasification ... More

FOREIGN DIRECT INVESTMENT
Salim Group CEO unveils Bengal investment proposals
Engages PwC to prepare detailed project report More

ENTREPRENEURSHIP
Training in entreneurship for unemployed
The Business Information Centre and Sub-Contracting Exchange of the Madurai District Tiny and Small Scale Industries Association (Maditssia) is organising an "Entrepreneurship Training Program for the Unemployed Youths" on June ... More

INCOME TAX
Over 1 lakh I-T assessees added in AP
Individual tax payers will have the option of filing their returns in the existing `Saral 2E' form up to July 31, 2006 for the assessment year 2006-07 or the newly introduced 4-page, 2F. However, after July 31, the 2F form would become ... More

EXPORTS & IMPORTS
Ground pepper exports to EU on the rise
Shipments of whole pepper decline on high prices More