WEB EXTRAS
MODERNISATION
`Allocate more funds for textile spinning sector'
A re-look at allocation of funds for the textile spinning sector under the technology up-gradation fund scheme (TUFS) with a suggestion for one or two per cent cut in the interest subsidy to the sector and a possible review on the vintage of used ...
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PSU
PSU employees irked by tax on company housing
Unions plan demonstration on April 26
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PETROLEUM
Petronet will open bids for LNG terminal on April 30
For setting up Rs 2,700-cr LNG terminal in Kochi
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SHIPPING
Pune mops up Rs 251 cr in customs revenue collections
Hinterland ports at Dighi, Chinchwad and Pimpri much sought-after by trade
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TEA
Glendale bags Golden Leaf Award
Glendale Estate in the Nilgiris has for the second year in a row bagged the "Golden Leaf Award" for its `SFTGFOP' (Super-Fine Tippy Golden Flowery Orange Pekoe) grade of teas. The Estate had in the first ever auction held at Las Vegas in March ...
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SOFTWARE
Mastek eyes US buys in insurance, Govt verticals
Mastek Ltd, a Mumbai-based software services company, is sewing up plans for acquiring IT companies in the US, in the specific verticals of insurance and Government. "We are eyeing acquisitions in the range of $10-15 million (Rs 45-67.5 crore) ...
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FOREIGN INSTITUTIONAL INVESTORS
`Venture capital-related amendment against principle of promissory estoppel'
Venture capital (VC) funds and private equity (PE) firms have been increasingly active in recent times. For instance, Sequoia Capital has invested $11.5 million in SKS Microfinance, as per a report dated March 29 on More
OVERSEAS INVESTMENTS
When foreign targets blip on your deal radar
Achieving global effective tax rate (GETR) reductions will improve post-tax cash flows and enhance shareholder value. However, tax planning should not be conducted in isolation but must be integrated into business initiatives.
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INTERNATIONAL TRAVEL
Kolkata passport office to use Webel services
It will collect application forms to expedite issuance of passports
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BRANDS
French luxury brands bullish on India
`India is in fashion, and it's a fashion that's here to stay', was the unanimous view of the representatives of the French luxury brands — Chanel, Louis Vuitton, Lanvin and Cartier — who are currently on a visit to India. "India is ...
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ALTERNATIVE MEDICINES
Arecanut-based drugs get commercial licence
ALTERNATIVE USES
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OUTLOOK
Heat wave in Gujarat seen as good augury
May ease off with the next western disturbance
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