The Hindu Business Line : Sunday, February 25, 2007

FOREIGN TRADE
Plea to include exports to CIS nations for duty credit benefits
FICCI has urged inclusion of Commonwealth of Independent States countries and trans-shipment exports in the eligibility criteria for duty credit benefit under the Focus Market Scheme. In its memorandum on the Foreign Trade Policy to the ... More

TAXATION
Higher TDS may squeeze shipping cos' cash flow
Earnings from freight and charter operations to be taxed at 20% More

WATER
IVRCL Infra mulls second desalination plant in Chennai
CM to lay foundation for Minjur project today More

FOREIGN DIRECT INVESTMENT
`$30 b investment in retail sector within 4-5 years'
A good talent pool, unlimited opportunities, huge markets and availability of quality raw materials at cheaper costs is expected to make India overtake the world's best retail economies by 2042, according to industry players. While the concept ... More

STANDARDS & BENCHMARKS
Starbucks to source more coffee
Global coffee retail giant Starbucks expects to source more from India as it ups its operations here. Starbucks, which has tied up with Planet Retail Holdings, would be launching its first retail outlet in India by the year-end, said the ... More

OUTLOOK
VCs look for clear exit routes
Venture capitalists are experts who have the ability to take calculated risks to make innovative ideas a reality through encouraging new enterprise. — MR VISHNU VARSHNEY, CEO AND MD OF GVFL More

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`$30 b investment in retail sector within 4-5 years'

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Feb. 18-Feb. 24
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