The Hindu Business Line : Sunday, May 07, 2006

`India to become developed nation soon'
The Indian economy is currently on the verge of an accelerated growth trajectory and the country could leapfrog into the orbit of developed nations much before expected, the President of Asian Development Bank (ADB), Mr Haruhiko Kuroda, has ... More

ENVIRONMENT

ADB plans fund to promote clean energy
Carbon Market Initiative in `consultation phase' More

PETROLEUM

Skidding on oil policy
The Government cannot frame its oil policies based on the weekly yo-yo in global prices; it must take note of the long-term trend and tailor its policies accordingly. More

HPCL not willing to sell its 16.95% stake in MRPL
Waiting for maximisation of the value of its investment More

POWER

THE BIG DEAL
Power play
And now, it is "ultra mega" power projects. The Government has planned six of them, 4,000 MW each, to be awarded on a competitive tariff-based bidding process. Thirty-five domestic and international companies have expressed interest in bidding ... More

NTPC: Buy
NTPC's high operating efficiency and strong balance-sheet will be a major asset when it joins competitive bidding for future projects. More

STEEL

Indian suppliers await decision on iron ore pricing
Negotiations are on between single largest buyer China and single biggest seller Brazil More

TAXATION

Service tax jacks up I class international air fare
The Government decision to impose a 12.24 per cent service tax on first and business class international air travel has put an additional burden of around Rs 9,000 for a passenger travelling business class between India and Singapore to almost ... More

Fresh notice for shipping cos on service tax
DG-CEI makes retrospective demand More

Service tax: Loaded wings
The service tax of 12.24 per cent levied on all international air tickets since May 1 will affect the global business of Indian airline companies, says Dr Sanjiv Agarwal, a Jaipur-based Chartered Accountant and a service tax expert. "On the one ... More

PERSONAL PRODUCTS

Godrej Consumer: Buy
Godrej plans to use the inorganic route to build portfolio width and expand its presence globally. More

RADIO/TV

SAB TV inks pact with Lanka channel
To supply new genre programmes in local flavour More

CREDIT RATING

India weightage set to go up in Morgan Stanley index
Bharti, Reliance Comm, Suzlon, NTPC may be in More

IPR

Call to protect intellectual property
Public policy, education and enforcement must be tailored to control piracy More

INTERVIEW

Regulator is not exactly a court of law: Chidambaram
The SEZ Act allows for very generous tax concessions. If infrastructure can be put in place in double quick time and there is a huge tax advantage, as a businessman I would look into a SEZ. More

EVENTS

Corporates must invest in HR, says PM
Lays foundation stone for Tata disaster management centre More

ADB meet: India told to wake up to securitisation
Global credit rating and indices firm Standard & Poor's (S&P) has asked India and Asian economies, sitting pretty with high levels of savings, to wake up to the huge opportunities in securitisation. Securitisation is a method of repackaging More

INCOME TAX

No recourse for this course
I work in Bangalore and have secured admission for a part time course at the Indian Institute of Management, Bangalore. The course is a post-graduate programme in software enterprise management. The course fee is Rs 75,000 per year and the ... More

EXPORTS & IMPORTS

ISEC bags 50,000 t Pakistan sugar tender
Shipments largely from Mumbai, Chennai ports within five weeks More

TN software exports clock 32 pc growth
Software exports from Tamil Nadu increased to Rs 14,115 crore during 2005-06, a 32 per cent increase over the Rs 10,730-crore in the previous year, according to the Software Technology Parks of India (Chennai). About 19,000 employees entered ... More