INDUSTRY & ECONOMY
CONSUMER ELECTRONICS
CETMA urges Govt to tackle industry issues
THE domestic consumer electronics industry has expressed concern over the policy measures affecting the competitiveness of the industry. Speaking at the silver jubilee function of the Consumer Electronics and TV Manufacturers Association ...
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ECONOMY
Ratan Tata to head investment panel
MR Ratan Tata will head the three-member Investment Commission constituted by the UPA Government to woo investments from domestic and foreign business. The other members are the Chairman of ICICI-OneSource, Mr Ashok Ganguly, and the HDFC ...
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Economic gap has hit manufacturing growth: World Bank
THE competitiveness gap between India and China might be large and looming, but between India's rich and poor States, the hiatus is far more pronounced, thereby weakening the competitive impulses for manufacturing growth. This is happening when ...
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Kerala's public debt doubled in four years, says analyst
THE `White Paper on State Finances' in 2001 and the passing of a Fiscal Responsibility Act and the Kerala Ceiling on Government Guarantees Act in 2003 have not been enough to prevent red ink from continuing to taint the State's books of accounts. ...
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Tight control over Govt expenditure
A BRIEF look at the table will tell you that the Central Government has done reasonably well in managing its finances this year. Though the numbers are not as good as they seem in the first glance, they are not too bad either. The ...
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ACCOUNTANCY
ICAI finalises revision to CPE statement
THE Institute of Chartered Accountants of India (ICAI) has finalised revision to the statement on continuing professional education (CPE). Besides exempting members who are Members of Parliament, Members of Legislative Assemblies and public ...
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HEALTH
Seminar on sexual health in Hyderabad
HYDERABAD: The Osmania Medical College Doctors' Forum is organising a two-day seminar on sexual health here on December 15 and 16. A multi-disciplinary team of doctors would throw light on different issues related to the subject, Dr K. ...
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INFRASTRUCTURE
SREI's infrastructure auction generates biz worth Rs 100 cr
IT was a different kind of auction altogether. An auction where "You Decide, SREI Provides." An auction where participants bid for the lowest interest rates on finance of infrastructure equipment. And, at the end of the evening at Paison ki ...
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PETROLEUM
Blending diesel benefits into petrol performance
UNDERSTANDABLY, diesel (compression ignition, or CI) engines have gained significant and well-deserved attention for their superior and efficient performance at all speeds and loads, and their potential for reduced ...
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POWER
APTransco measures to rationalise domestic tariff
THE Transmission Corporation of Andhra Pradesh Ltd (APTransco) is exploring ways to rationalise the tariffs to some segments of domestic users. In an open letter to over 45,000 employees of power utilities, Ms Rachel Chatterjee, Chairman and ...
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TAXATION
Tea traders concerned over new VAT rate under RNR category
EVEN while welcoming the proposed tax regularisation system - VAT (Value Added Tax), the entire trade community comprising tea producers, buyers and traders have come together in requesting the Empowered Committee of State Finance Ministers on ...
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Don't levy goods transport service tax on consignor: TN Chamber
THE Tamil Nadu Chamber of Commerce and Industry has urged the Union Finance Minister, Mr P. Chidambaram, to not to impose the levy of service tax on consignor/consignee under any circumstances. In a statement here, the Chamber has pleaded that ...
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TEXTILES
`Govt, domestic textile industry should get their act together'
AS the countdown for dismantling of the quota regime governing the global trade in textiles and clothing begins by the end of this month, the Indian textile and clothing industry finds itself in an unenviable situation with all its strengths, ...
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Rs 100-cr subsidy for cotton exporters likely — TUF size to be enhanced
THE Union Government is proposing to allocate Rs 100 crore towards subsidy to help cotton exporters tide over pricing problems. The proposal, according to the Minister for Textiles, Mr Shankersinh Vaghela, would have to cleared by the Finance ...
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SSI
Kerala small-scale sector voices anxiety over VAT provisions
THE Kerala State Small Industries Association has urged the State Government to introduce value added tax (VAT) in Kerala only after making major amendments, as certain provisions in the Act are detrimental to the small-scale sector. If the ...
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AP Govt to set up district-level panels to study SSI woes
THE Andhra Pradesh Government has decided to set up State-level district level committees comprising officials and members of the small-scale industries to look into the problems faced by the industry. The Major Industries Minister, Mr B. ...
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RADIO/TV
Ministry seeks clarifications on Space TV management structure
THE Information and Broadcasting (I&B) Ministry has shot off a letter on the Star-Tata Group's direct-to-home (DTH) application for Space TV, seeking clarifications on the proposed management of the venture. The application for the DTH licence ..
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ESPN yanks signals to Asianet — Sports buffs in a jam as charges, counter-charges are aired
ESPN Star Sports has cut off its services to cable operator Asianet on the ground of huge outstanding dues even as the latter accused Star Sports of resorting to arm-twisting tactics against cable operators. Mr Sricharan Iyengar, ...
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EDUCATION
ICFAI convocation in Hyderabad
HYDERABAD: The Finance Commission Chairman, Dr C. Rangarajan, would be the Chief Guest for the convocation of the ICFAI University to be held here on December 18, according to a press release. Around 2,400 students who have completed ...
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CII to organise `Career Fair' in Hyderabad
HYDERABAD: The Confederation of Indian Industry (CII) will organise a two-day `Career Fair', beginning December 17. "The fair will serve as a platform for the education sector to promote educational courses and opportunities for ...
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MEDICAL INSTITUTIONS & HOSPITALS
Lister Metropolis plans labs in Coimbatore, Tirunelveli
LISTER Metropolis Clinical Labs is to shortly expand to Coimbatore and Tirunelveli. Lister Metropolis' Managing Director, Dr P. Srinivasan, said he is considering two options to expand: take over existing labs or start new ones. A decision ...
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REAL ESTATE & CONSTRUCTION
Bata India makes realty foray — Inks joint venture pact for township development
BATA India Ltd — the country's largest footwear manufacturer — is foraying into real estate development. The company has entered into joint venture tie-ups with the Calcutta Metropolitan Group and the Kolkata Metropolitan Development ...
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INDUSTRY ASSOCIATIONS
Kerala CM urged to interact with industry bodies
THE Kerala State Small Industries Association (KSSIA) has called upon the Chief Minister to take the initiative to call high-level interactive sessions with the representatives of the industry to discuss their problems in the sector. An ...
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Quarterly results: Relaxation sought for listed companies
THE Associated Chamber of Commerce and Industry of India has urged the Securities and Exchange Board of India to relax the conditionality attached to the announcement pertaining to quarterly results for listed companies, as many of them had ...
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SOCIAL WELFARE
Kerala to provide rice for poor families
THIRUVANANTHAPURAM: The Food and Civil Supplies Minister, Mr Adoor Prakash, has said that 1.14 lakh poor families in the State would be provided rice at Rs 3 per kg as part of the Andyodaya Annayojana scheme. Addressing newspersons here ...
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LABOUR REFORMS
Industry calls for changes in Factory Act, labour laws
THE industry has called for an urgent shift from a "persecution mind set" to a "guidance-oriented mindset" to free the domestic manufacturing sector from the clutches of the "Inspector Raj". A FICCI Survey reveals that the Indian manufacturing ...
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EVENTS
Engagements
In Hyderabad today
INCOME TAX
Late filing of tax audit report — I-T experts want fresh look at penalty provisions
PREVENTION is better than cure may be a good mantra for general purposes. But for direct tax laws, it may not always work out so well, as is being discovered by both taxpayers and consultants, going by the increasing complexities with regard to ...
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BOOKS
A bookworm's delight
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