The Hindu Business Line : Thursday, January 13, 2005

India Inc welcomes scrapping of Press Note 18
WHILE India Inc was near unanimous in welcoming the scrapping of the contentious Press Note 18 announced by the Prime Minister, Dr Manmohan Singh, on Wednesday morning, players were guarded in their response to the provisions of the new Press ... More

New guidelines to facilitate increased FDI thru jt ventures
WITHIN a few hours of the Prime Minister, Dr Manmohan Singh, announcing the scrapping of the Press Note 18 provisions for all future joint ventures, the Government on Wednesday came out with a set of fresh guidelines for foreign collaborations. ... More

Pharma cos in tax-free zone to continue enjoying tax holiday
PHARMACEUTICAL companies that have set up manufacturing bases in the hills of Baddi, Himachal Pradesh, can cool their heels. The Finance Ministry's recent notification levying excise duty on the retail price of medicaments is unlikely to ... More

Levying MRP-based excise — Pharma industry warns of increase in prices
AN increase in the price of medicines is around the corner, if the Government goes through with its recent notification on levying excise duty on maximum retail price (MRP), caution pharma industry officials. Reacting to the recent note on ... More

POLITICS

PM calls on Basu
The Prime Minister, Dr Manmohan Singh, calling on the veteran Marxist leader, Mr Jyoti Basu, at the latter's residence in Kolkata on Wednesday.