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Saturday, November 11, 2006
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INDUSTRY & ECONOMY

EMPLOYMENT
Kerala CM for joint efforts to generate jobs
The Chief Minister, Mr V.S. Achuthanandan, has called for combined efforts by the Government and the private sector for employment generation in the State. He also asked management associations to develop professional managers to run companies ... More

COURTS/LEGAL ISSUES
The price of friendly loans
In case of giving loans to business associates or sister concerns deductibility of the interest paid becomes legally controversial on the ground that the borrowing is not for a business purpose because the funds are in turn advanced interest free to others. More

HC to pass order on Sarda bail plea
The Calcutta High Court will pass orders on November 14, 2006, on the bail petition of Ghanashyam Sarda, the prime accused in the case pertaining to supply of defective blood test kits. Mr S.K. Kapoor, counsel moving Sarda's ... More

ECONOMY
Industrial production rises 11.4 pc in Sept
Growth propelled by manufacturing, power generation and mining More

Non-food credit up Rs 8,659 cr
Bank credit increased by Rs 11,847 crore to touch Rs 16,55,567 crore for the fortnight ended October 27, 2006. This included food credit, which increased by Rs 3,188 crore to touch Rs 36,633 crore and non-food credit, which increased by Rs ... More

India dynamic in commercial services, says WTO
India's ranking further improves if the 25-member EU is taken as one entity More

  • Correction

    ENVIRONMENT
    Vallarpadam terminal gets environmental clearance
    The Union Ministry of Environment and Forests has given environmental clearance for the construction of the proposed international container transhipment terminal at Vallarpadam. The notification has been issued on November 9. ... More

    EXCISE AND CUSTOMS
    Customs, excise board on course to total e-governance
    Hinting at a paradigm shift in the Customs Department's approach to swiftly move towards a National e-Governance Action Plan (Negap), Mr A.K. Raha, Member (Legal, Judicial and Computerisation), Central Board of Customs and Excise (CBEC), said ... More

    FOREIGN TRADE
    India most secure place for business in South Asia
    RiskMap 2007 ranks both political and security risk in India as low More

    Pittsburgh woos investors
    Pittsburgh (Pennsylvania, the US) has called for collaborations in the areas of information technology, advanced materials, robotics, life sciences and biotechnology. Giving a presentation on the opportunities in the ... More

    Indo-French alliance
    GEARING UP FOR THE SUMMIT: The Ambassador of France, Mr Dominique Girard, and Dr Amit Mitra, Secretary-General, FICCI, addressing a curtain raiser press conference on Indo-French Business Meet to be held next month, in the Capital on Friday. ... More

    INFRASTRUCTURE
    SIPCOT gearing up to meet industrial parks' water demand
    May set up treatment facility to recycle Chennai's sewage water More

    PHARMACEUTICALS
    Panel asked to submit report on drug pricing by month-end
    Committee's suggestions not binding in any way, say Govt sources More

    Now, NRI researchers heading home
    Opportunities opening up in pharma sector More

    TAXATION
    Chidambaram sees need to prune tax incentives
    To improve tax to GDP ratio More

    Service tax: Fresh summons being issued to shipping cos
    Court hearing of shipowners' plea to come up on November 24 More

    VAT: Ministry not keen to agree to TN request
    The Finance Ministry is not inclined to accede to the request of the Tamil Nadu Government that the State should receive 100 per cent compensation on the revenue loss from VAT implementation during the calendar year 2007. Tamil Nadu is planning ... More

    TEXTILES
    Global textile union, Gap Inc form joint initiative
    Promoting industrial relations thru corporate social responsibility More

    TRAVEL & PLACES
    UK launches skilled migrant programme
    The first step towards a points-based system for managing migration to the UK was launched recently with the introduction of new rules for highly skilled foreign workers applying to come to the UK. The new test means that entrepreneurs and ... More

    EDUCATION
    After CAT, there may be DAT
    After CAT and GATE, there may soon be DAT for graduates in the country. The National Institute of Design, along with other leading design and architecture schools in the country, is seriously considering the launch of a Design ... More

    CARS
    Global car designers eyeing India
    `It is 50 pc cheaper here' More

    TWO/THREE WHEELERS
    Plea for battery-operated vehicles
    The Sattur Chamber of Commerce and Industry has appealed to the Chief Minister of Tamil Nadu, Mr M. Karunanidhi, to encourage the private sector in the State to manufacture battery-operated two-wheelers as in Gujarat. In a letter ... More

    MEDICAL & SURGICAL EQUIPMENTS
    Concern over quality control compliance of laboratories
    Out of over 1-lakh laboratories in India only 70 to 80 are accredited, says the National Accreditation Board for Testing and Calibration of Laboratories (NABL). With clinical research to grow in a big way in the country, issues of quality ... More

    BIO-TECH & GENETICS
    GM crop row: Processors block herbicide resistant soya
    `The variety was not required for small, marginal farms here' More

    CINEMA
    Now dubbing artistes speak for themselves
    `We all depend on dubbed films. If they ban those films, we will be jobless.' More

    Film Fest begins
    FIESTA FOR FILM BUFFS: The West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, lighting a lamp to inaugurate the 12th Kolkata Film Festival on Friday. Also seen are the West Bengal Governor, Mr Gopal Krishna Gandhi (centre), and Bengali Film ... More

    HUMAN RESOURCES
    IIM-K closes summer internships
    Yahoo! offers highest stipend of Rs 45,000 per month More

    `Talent management is big challenge'
    While technology companies globally recognise the significance of managing human capital, most companies lack the capability to manage issues pertaining to talent management and retention of employees, according to a PricewaterhouseCoopers ... More

    Training in corporate skills
    Gateway Human Resources, a training company, plans to start training undergraduate students and lecturers at educational institutes, particularly in arts and science colleges in Tamil Nadu. This measure is aimed at bridging the gap between ... More

    INTERVIEW
    Tax structuring and planning via the Netherlands can be worthwhile
    What is common to Ballarpur Industries, Crompton Greaves, NIIT, HCL Technologies, ONGC Videsh, Jubilant Organosys, Infosys, Wipro, Satyam and iGate? These are some of the Indian companies that have set up, or are in the process of setting up, ... More

    EVENTS
    Printing, packaging expo
    Dr J. Geetha Reddy, Andhra Pradesh Minister for Major Industries, Tourism and Sugar, has inaugurated the five-day IPAMA 2006 (Indian Printing, Packaging and Allied Machinery Manufacturers' Association) at the HITEX facility at Madhapur. Stating ... More

    Property expo in December
    Real estate network provider Jaaydaad.com is organising a domestic and international `Expo-cum-Sale World Tour 2006-07' commencing December 15. After its debut in the Capital, the exposition will be organised at 17 other cities including Mumbai, ... More

    International trade fair from Nov 14
    The India International Trade Fair 2006 beginning on November 14 here would showcase the manufacturing excellence of domestic industry, complemented by State pavilions. Addressing a news conference here to announce the annual ... More

    INCOME TAX
    TDS: Senior citizens can breathe easy
    The Reserve Bank of India has told several commercial banks not to deduct interest tax payable on fixed deposits of senior citizens. Senior citizens are eligible for tax exemption on the interest earned on fixed deposits for which they have to ... More

    Help centres for e-filing of returns
    To facilitate corporate assessees submit income tax returns in electronic format, the Commissioner of Income Tax, Andhra Pradesh Circle, has opened three help centres in Hyderabad, Vijayawada and Visakhapatnam. These centres ... More

    EXPORTS & IMPORTS
    `Canalise vanaspati imports from Nepal through Nafed'
    The Indian Vanaspati Producers' Association (IVPA) has demanded that duty-free imports of vanaspati from Nepal be canalised through the National Agricultural Cooperative Marketing Federation of India (Nafed). In a pre-Budget memorandum ... More

    VENTURE CAPITAL
    Duke Equity plans to raise $300 m for Indian auto sector
    To invest $1.8 m in Stokota's Indian arm More

    NATURAL CALAMITIES
    Tough job!
    A TRACTOR WITH officials and members of the Central team that came to assess the flood damage crosses the Jilagalagandi drain on National Highway 214 in Krishna district on Friday. ... More

    TOURISM
    Jamaica tourism targets India via cricket cup
    Tourist Board use World Cup `07 as platform for promotion More

    Focuz inks medical tourism pact
    The Focuz Group has entered into an agreement with the Canada-based `Unbelievable India' to promote medical tourism in Kerala. A new partnership company between Focuz Holidays and Unbelievable India called BestMed Tourism has been set up to work ... More






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    Top Stories
    US hand in the battle of Begums

    Chidambaram sees need to prune tax incentives

    Mobius exploring pvt equity options in India

    Free pricing may lead to turbulence initially: IRDA

    Service tax: Fresh summons being issued to shipping cos

    GM crop row: Processors block herbicide resistant soya

    TDS: Senior citizens can breathe easy

    Tax structuring and planning via the Netherlands can be worthwhile

    Low-cost airlines capture 27.1 pc share in Jan-Sept

    Looking back
    Oct. 29-Nov. 4
    I-T collections rise 43%

    Note on lifting of sugar export ban to be ready soon

    Diabetes on the rise in children

    Package for micro, small, medium enterprises likely

    India-China border trade slow off the blocks

    White rice exports slow down on Pakistan factor

    Steel cos may hike prices from today

    Raj TV seeks FIPB nod for 26 pc foreign equity

    SBI Caps to raise Rs 14,000 cr for DVC thermal projects

    Govt wants insurers to improve rural coverage

    Reliance mulls raising $2 b funds

    36,262 companies take e-filing route for returns

    AP to allot 1,500-acre site for HPCL venture

    Nathula Pass offers huge trade potential

    Non-basmati rice exporters see EU market opening up

    Financial inclusion is big biz opportunity: IBA

    Cement majors' sales grow 10 pc

    Details display made mandatory for PDS vehicles

    Demand for Indian carbon credits may be hit

    Inflation: `No need to revisit monetary policy'



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