The Hindu Business Line : Sunday, April 03, 2005

Oil refining sector: Implications of Aramco's interest
THREE decades after the last of the oil multinational was forced to leave the country, the doors are once again being thrown open to foreign investment in the refining sector. Discussions are on for Saudi Arabia's ... More

TAXATION

`VAT will lower tax burden on business'
AS the value-added tax regime unfolded on Friday in a majority of the States, West Bengal's Finance Minister & Chairman of the Empowered Committee on VAT, Dr Asim Dasgupta, described VAT as the "most important tax reform since Independence" and . More

Political consensus vital for VAT implementation, says Sinha
VALUE added tax (VAT) could not be implemented in all States as much for political reasons as economic. The UPA Government has failed to maintain lines of communication with the Opposition and could not convince traders, according to Mr Yashwant ... More

RADIO/TV

Zee Telefilms serves notice to BCCI, seeks Rs 1,630-cr compensation
SUBHASH Chandra-promoted Zee Telefilms on Saturday served a notice to the Board of Control for Cricket in India (BCCI) and the former BCCI President, Mr Jagmohan Dalmiya, claiming Rs 1,630 crore as compensation for losses on account of ... More

Dainik Jagran launches Channel 7
During the test-run period, the channel was beamed in 15 million homes, a news release said. Itwill also be available on Zee's DTH platform Dish TV. Programmes are being telecast with the assistance of 250 TV journalists from Channel 7's 25 ... More

EDUCATION

ISB plans centre of excellence in manufacturing, logistics
BUOYED by the success of its Wadhwani Centre for Entrepreneurial Development, the Indian School of Business (ISB) plans to introduce a centre of excellence shortly. Addressing the graduation ceremony class of 2005 here on Saturday, the ISB ... More

INDUSTRY ASSOCIATIONS

`Free depreciation' need of the hour: FICCI
The reduction in depreciation rates is not in step with the dynamism in the economy characterised by rapid technological advancement. More

DISINVESTMENT

BSNL seeks reduction in equity base
THE Rs 33,000-crore telecom major Bharat Sanchar Nigam Ltd has sent a proposal to the Government seeking a reduction in its equity base from the current Rs 5,000 crore to about Rs 3,000 crore. The move is aimed at ensuring more cash ... More

WTO

`SAARC nations must unify stance for WTO Hong Kong Ministerial'
AGRICULTURE, non-agricultural market access, and services would be the three pillars on which SAARC nations need to put their heads together for a unified stance at the Hong Kong Ministerial and facilitate South Asia's ability to forge common ... More

RURAL DEVELOPMENT

Ministry grants Rs 3.6 cr for Rudseti centres
THE Ministry of Rural Development has sanctioned Rs 3.65 crore as grant for campus development of five centres of the Rural Development and Self Employment Training Institute (Rudseti). The institute is sponsored by the public sector Canara ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Forex reserves down $1.22 b at $140.9 b

`VAT will lower tax burden on business'

In Focus

BHEL Disinvestment

China's revaluation

Dabhol power regenerated

Tracking the rains

Sethusamudram Canal Project

India Inc's overseas acquisition

In Depth