INDUSTRY & ECONOMY
COURTS/LEGAL ISSUES
National Company Law Tribunal held unconstitutional
A DIVISION Bench of the Madras High Court has declared the constitution of the National Company Law Tribunal (Tribunal) and the National Company Law Appellate Tribunal (Appellate Tribunal) as provided for under provisions of the Companies ...
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Specialised business courts mooted
THE Supreme Court Judge, Mr Justice Rajendra Babu, on Saturday mooted for setting up specialised business courts to delineate the role of the legal system and achieve double digit economic growth. "Specialised courts will help strengthen ...
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ENVIRONMENT
UN panel certifies Det Norske to authorise eco-friendly projects
DET Norske Veritas (DNV) has been accredited by the UN Climate Change Panel to validate environment friendly projects, which bring down green house gas emissions, for funding from developed countries. Addressing presspersons here on Saturday, ...
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EXCISE AND CUSTOMS
Will PCs become dearer?
IF excise duty (of 8 per cent) is to be levied on the price of all software that comes bundled with PC hardware, PCs would become marginally costlier. Industry sources indicate that in the case of the Microsoft XP operating system for home ...
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PETROLEUM
TERI moots sops for oil cos to produce cleaner fuels
TERI (The Energy and Resources Institute) has suggested that oil companies should be provided with fiscal incentives to upgrade their refineries to produce cleaner fuels. In its roadmap to promote alternative environment-friendly fuels for ...
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POWER
PTC mulls stake in power generation projects
By taking an equity position, PTC can help secure a long-term arrangement for trade in power produced by the generation company.
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Investments in captive power on upswing
THE market for captive power plants is hotting up. Projects worth Rs 15,800 crore for a total capacity of 4,410 MW have been announced since the passage of the Electricity Bill. To put it in perspective, as per the Ministry of Power estimates, ...
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STEEL
Steel cos cautiously upbeat on NDA agenda
THE primary steel producers are cautiously upbeat over the National Democratic Alliance's agenda focus on the development of the steel industry, though there is a tinge of cynicism. For, while capacity expansion will require infrastructural ...
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EDUCATION
ICFAI achieves 100 pc internship for S&T students
THE Institute of Chartered Financial Analysts of India (ICFAI) University has announced that it has achieved 100 per cent internship placements for its Science and Technology (IcfaiTech) students in over 80 blue-chip corporates across the ...
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WTO
Tale of two interpretations in WTO panel ruling
EVEN as New Delhi is gloating over "a significant gain" it wrested from the European Union (EU) over the latter's discriminatory application of preferential arrangement to Pakistan, the EU has drawn a contrary conclusion from the rulings of the ...
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