The Hindu Business Line : Thursday, July 27, 2006

INFRASTRUCTURE
Golden Quadrilateral: 96% work to be over by Dec
About 96 per cent of the Golden Quadrilateral is targeted for completion by December this year. Rest of the stretches are affected due to non-performance of the contractor, re-award of terminated contracts and also award of Allahabad bypass in ... More

PETROLEUM
Interest waning in crude futures
Activity in phases due to geo-political concerns, US stocks More

Reliance diesel, motor spirit sales drop
Reliance Industries has witnessed an 80 per cent drop in diesel sales and 50 per cent drop in motor spirit due to pricing strategy. The company had captured over 14 per cent of the country's retail diesel sales through 1,200 outlets by the end ... More

POWER
PM urges pricing review to meet energy needs
`Mounting losses in the power sector cause for concern' More

TAXATION
40 pc rise in AP VAT collection
Andhra Pradesh has registered one of the best growth rates in VAT collection in the first quarter ended June 2006. The State registered 40.3 per cent growth with a total collection of Rs 3,384 crore as against Rs 2,412 crore in the same period ... More

Call to drop Kerala tax hike on health drinks
The State Government's Budget proposal for raising the tax on health drinks from 12.5 per cent to 20 per cent has not gone down well with those in the industry who would like to dub it as "taxing on health". The Confederation of Indian Food ... More

TEXTILES
TUFS project cost limit to be raised
The Textile Commissioner, Mr J. N. Singh, has announced that the project cost limit under the credit linked capital subsidy of the Technology Upgradation Fund Scheme (TUFS) will be raised to Rs 2 crore from Rs 1 crore. Mr Singh also urged ... More

States support textile industry on labour law flexibility
Unions oppose increased working hours More

EDUCATION
IIM-B seeks time to implement OBC quota
The Indian Institute of Management, Bangalore, will need at least three-four years to implement the 27 per cent OBC quota as recommended by the Union HRD Ministry. Speaking to presspersons here after a meeting of the Institute Board members, Prof ... More

Educomp unveils online maths portal
The Delhi-based Educomp Solutions Ltd has launched a math-learning tool for classes 6 to 12 based on the NCERT curriculum. The product, Mathguru.com, will provide step-by-step solutions for all math problems from NCERT schoolbooks through ... More

FOODS & FOOD PROCESSING
LS passes Food Safety Bill
The Lok Sabha on Wednesday passed by a voice vote the Food Safety and Standards Bill 2005 that seeks to create a regulatory body for the food-processing sector and set standards for manufacture and import of quality food. ... More

REAL ESTATE & CONSTRUCTION
`Zooming land prices may drive companies away from Hyderabad'
Rates unviable for projects such as IT parks More

Meet to discuss construction industry problems
As a precursor to `Advantage Maharashtra', the State convention of real estate developers of Maharashtra, the Confederation of Real Estate Developers Association of India (Credai) and the Maharashtra Chamber of Housing Industry (MCHI), have ... More

READYMADE GARMENTS
`Garment manufacturers need high value raw materials'
Fabrics trade show in Bangalore from August 4 More

MINERALS
Capexil moots Rs 5,000-cr mineral upgradation fund
To be used for providing subsidies to modernise technology More

Iron ore production doubles in 5 years
Pvt sector share shows marked improvement More

PACKAGING
Tetra Pak-ing a punch
The boom in the beverages segment and modern retail spells good fortune for Tetra Pak. More

EVENTS
For a better Mumbai
FIRST ANNIVERSARY: School children holding banners form a human chain as part of several programmes organised in Mumbai on Wednesday to mark the first anniversary of the deluge last year. They highlighted the various problems faced by the city ... More

Gar Fab Tx 2006 in Chennai
More than 40 exhibitors displaying 100 brands from India and overseas will be present at the third edition of Gar Fab Tx 2006. This year's attraction will be the presence of Chinese sewing machine manufacturers, according to ... More

INCOME TAX
CBDT notifies 10 services for claiming tax breaks
The Central Board of Direct Taxes (CBDT) has come up with a list of ten public services that would be considered as "infrastructure facility" for the purpose of availing certain tax breaks under the income-tax law. The specified list includes ... More

TOURISM
Barbados hopes Cricket World Cup to brimmeth over
Bets on better infrastructure, facilities to bring in tourists in the long term More