INDUSTRY & ECONOMY
`Toy park' opened in Kolkata
THE West Bengal Chief Minister, Mr Budhadeb Bhattacherjee, inaugurating the first phase of a "toy park" here on Saturday, called upon private investors to make the city a major modern toy-making hub in the country. The State Government, in ...
$35 m business prospects at Indo-Nafta castings meet
THE recently concluded first such three-day Indo-Nafta Castings Meet here, organised by Engineering Export Promotion Council (EEPC) has thrown up business prospects of nearly $35 million. Talking to Business Line, Mr Rakesh Shah, ...
PSUs ask for debt recast mechanism
The benefits of the CDR implementation include a substantial reduction in the interest liabilities, which automatically translates into profitability.
Hudco roped in for Gridco loan plan
POWER sector reforms in Orissa is set to get a major fillip with Housing and Urban Development Corporation (Hudco) agreeing "in principle" to subscribe to a Grid Corporation of Orissa Ltd (Gridco) first phase term loan programme of Rs 600 crore ...
Rising cotton prices to boost VSF demand Spinners face tight supply
WITH raw cotton prices spiralling in recent weeks, the market for the man-made fibre viscose staple fibre (VSF) too seems to be hotting up. Spinning mills that seek the fibre to substitute for high cost cotton may not get the needed ...
Truck, bus tyre output in Dec up at 9.39 lakh
TRUCK and bus tyre production in the country is on the rise even as the industry is faced with inventory pile-up in this category. Industry insiders say that a correction in production may be necessary and is likely to be visible immediately ...
GAIL offer to open on February 27, ONGC March 5
THE public offer of state-owned gas transmission company GAIL (India) Ltd would open on February 27, followed by Oil & Natural Gas Corporation on March 5, as per a revised timeframe finalised by the Government on Friday for the sale of minority .
Rs 26 cr for watershed project
`Feel-good factor should not be a temporary phenomenon'
THE buzzword that keeps bobbing up either in conversation with the ruling party leaders or some important functionaries in the Government is the ubiquitous feel-good factor that appears to have etched itself in the language of even the layman, ...
Call for digital land information system
THE two-day national symposium on `Contemporary trends in cadastral surveys and maintenance of land records' has called for preparation of an integrated, digital and transparent `Land Information System' (LIS), which is secure and accessible for ...
I-T clearance not necessary for contract bidding
THE Central Board of Direct Taxes (CBDT) has made it clear that persons entering into commercial contracts need not obtain an income-tax clearance certificate from the tax department. This stance of the board, which has come in the form of a ...
ISRO probe into alloy rings theft
INDIAN Space Research Organisation (ISRO) has started a probe into breach of its high-security ring after it discovered theft of 29 titanium alloy rings worth Rs 22.5 lakh from one of its facilities here. This is said to be the first such ...
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