The Hindu Business Line : Thursday, July 08, 2010

SEZ developers step up demand for continued tax sops
Seek Centre, States' intervention for incentives for new units; get AP CM's backing. The likelihood of new units in Special Economic Zones losing Income-Tax exemptions in the Direct Taxes Code regime has stepped up representations to the ...

Base rate effect: Corporates turn to commercial papers
Looking to raise money through commercial paper issues. Companies have stepped up enquiries with entities such as banks and mutual funds about investing in their commercial paper issues to keep funding costs ...

In full swing: A farmer o... TODAY'S PICK (Latest Audio: English/Tamil)
Vivimed Labs (Rs 183.1): Buy
Investors with short-term trading perspective can consider buying the stock of Vivimed Labs. It is seen from the charts of the stock that it has been on a steady long-term uptrend from its November 2009 low of Rs 32. Both medium- as well ...

Day Trading Guide

Solar power pilot: Govt to select developers by Aug
Developers of solar power generation projects with a total installed capacity of 100 MW are likely to be chosen by August-end, according to the Solar Energy Manufacturers Association of India and ...

Opposition up in arms over plan to allow FDI in retail
System of licensing needed for organised retail: CPI (M). The political battlelines are drawn on the issue of FDI in multi-brand retail, with the Bharatiya Janata Party and the Left slamming the Government's latest move to open up discussions on ...

FDI to plug back-end infrastructure gap: DIPP
A day after opening the debate on FDI in retail, the Department of Industrial Policy & Promotion (DIPP) has made it clear that the Government would like foreign investment to plug the gaps in back-end infrastructure (such as cold chain ...

Re 1 levy on bottled water to pay for supply to urban poor
MAHARASHTRA PLAN. Maharashtra is considering a levy of Re 1 on every unit of packaged drinking water sold in the State. With 800 crore bottles sold annually in the State (according to the water supply department's estimate), the Government ...

Japan Steel Works bullish on Indian N-reactor parts market
Keeping a close watch on India-Japan civil nuclear deal. Tokyo-based Japan Steel Works Ltd, a major global supplier of heavy forgings with a market leadership in specialised nuclear components, is bullish on the emerging market opportunities ...

Fall in output, prices may hit cement cos' Q1 profits
Year-on-year growth due to some firms adding fresh capacity. Sharp fall in production coupled with high input cost and dip in prices may impact the profitability of cement companies in the first quarter of ...

Banks can now access info on suspect activities
CIBIL launches database on fraudulent practices. Banks can now access and share information on high-risk activities, thanks to CIBIL Detect – a nationwide database of reported fraudulent and ...

‘Telcos have to tie up with banks for m-commerce'
Finance Ministry for tighter norms on security concerns. Even as telecom companies are gearing up to use their networks for large-scale roll out of mobile commerce (m-commerce), the Finance Ministry wants telecom operators to offer these ...

Retail stocks soar as Govt unveils FDI plans
McKinsey says India's retail space set to grow to $450 b. Shares of multi-retail firms soared on Wednesday after the Government's plans to consider FDI investments in the organised ...

Public issues: Action shifts to Asia, says E&Y
Asia-Pacific region accounted for 59 per cent. What a difference a year makes. Back in the second quarter of 2009 despite the havoc that the financial crisis had wreaked in Europe and the US, Asian IPOs accounted for under a third of that ...