The Hindu Business Line : Thursday, March 01, 2007

TAMIL NADU
`Hi-tech weaving parks will benefit'
The higher budgetary allocation for the Technology Upgradation Fund Scheme (TUFS) and also an increase in the capital outlay for textile park projects will benefit hi-tech weaving parks being promoted in the country, said Mr M.S. ... More

`Duty cuts not to benefit common man'
The Sindhi Chamber of Commerce has expressed mixed reactions on the Union Budget 2007-08. According to a release, while excise and custom duty reductions are aimed at curbing inflation, they are unlikely to benefit the common ... More

`Move to tax ESOPs will result in double taxation'
Dubbing the Union Budget 2007-08 as `cosmetic', members of the Federation of Indian Chambers of Commerce and Industry - Tamil Nadu State Council (FICCI-TNSC), felt it lacked clarity and focus. At a post-budget discussion on Wednesday, Mr ... More

Grant for TNAU to be used for infrastructure
We will now prioritise our needs, says Vice-Chancellor More

Extension of tech fund scheme welcomed
Will help in balanced planning of new investment on capacity building and modernisation More

Mixed reaction from Tirupur exporters' body
The Tirupur Exporters Association (TEA) has expressed happiness over the Union Budget's proposal for allocation of funds for industrial training institutes' revamp through private-public partnership and said this measure would pave way for the ... More

Meet on HR practices
The School of Hotel Management and Catering Science, VLB Janakiammal College of Arts and Science, in association with Hospitality Educators and Recruiters' Association is organising a three-day national conference on `Changing trends in human ... More

Budget a mixed bag, say Coimbatore industries
Positive impact on textiles, engineering sectors More

`Overall impact is positive'
Though the Budget has some negative points, the overall impact is positive and growth oriented, according to Mr K. Annamalai, former President, Coimbatore Stock Exchange. He said the budget would trigger growth and would provide ... More

ANDHRA PRADESH
Clandestine trade
EXOTIC SPECIES of birds and pet animals such as rabbits and puppies are put on display and sold at a hypermarket and a three-star hotel in Visakhapatnam. ... More

KERALA
`Mullappoo' soap launched
Oriental Extractions Pvt Ltd, a group company of S D Pharmacy Group, has come out with its latest innovative product called Mullappoo, a herbal toilet soap with jasmine flavour. This is the third brand launch in two years and ... More

Balanced Budget: Chambers
Hike in Central excise exemption for SSI welcomed More

Banks, FIs agree to settlement with Trayons
The lender banks and financial institutions of Travancore Rayons Ltd (TRL) have agreed in principle to reach a one-time settlement with the company's prospective promoter, Elenjical Group of Industries. At a meeting convened on Wednesday by the ... More

Disappointing Budget, says Kerala CM
The Chief Minister, Mr V.S. Achuthanandan, has termed the Union Budget 2007-08 as largely disappointing. Speaking to newspersons here, he said the Budget had left both the crisis-ridden sectors of agriculture and cooperatives begging for any ... More

KARNATAKA
Summer treat
HEALTHY BITE: With the onset of summer, fruits pile up at a street in Bangalore. Each plate of cut fruits costs Rs 10, which consists of pappaya, banana, pineapple, watermelon and dry fruits. ... More

KCCI lauds Budget outlook on wealth creation
Thrust on education to see creation of more jobs More

MAHARASHTRA
Chidambaram dwells on making Mumbai a global financial hub
The idea of Mumbai as a global financial centre is now firmly on the drawing board of the Finance Minister, Mr P. Chidambaram. Today, in the Lok Sabha, he spoke long and passionately on the concept. The first mention came in the Budget speech. ... More

WEST BENGAL
Haldia Petro case adjourned till March 12
Justice Jayanta Kumar Biswas of the Calcutta High Court today adjourned the Haldia Petrochemical case till March 12. Counsel for Chatterjee Petrochem (Mauritius) Co (CPMC) submitted today before the court that The Chatterjee Group had filed four ... More

Plywood cos to gain from excise duty cut
The reduction of excise duty from 16 per cent to eight per cent as proposed in the Union Budget will not only boost domestic plywood industry but also encourage farmers to go in for timber plantation for increased consumption of timber by plywood ... More

Budget a mixed bag, say chambers
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For a good cause
French novelist Mr Dominique Lapierre and his wife admiring a photo of Audrey Hepburn in her iconic black dress during a visit to Keoradanga village in South 24 Parganas in West Bengal on Wednesday. The author of the book `City of Joy', which is ... More