INDUSTRY & ECONOMY
NON-CONVENTIONAL ENERGY
Govt targets green power in 11th Plan
Hyderabad, Aug. 18 The Union Government has targeted to take the total capacity of all Green or eco-friendly energy sources by 14,000 MW during the 11th Plan Period from the present 10,500 MW.The total potential for Green power is ...
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Indowind Energy : Avoid
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FERTILISERS
Review of fertiliser policy planned
New Delhi, Aug. 18 The Government is looking at reviewing the existing fertiliser policy as it has not been successful in bringing investment to the sector.“The existing policy has not been successful in attracting investments to ...
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PSU
Treat dues to MTNL, BSNL as land revenue arrears, Govt tells States
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Revival of 17 Central PSUs awaits Govt approval
Reconstruction board clears revamp package for 47 cos
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PETROLEUM
IOC may commission Paradip-Haldia pipeline project by December
Monsoon delays work; expects to restart in October
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PHARMACEUTICALS
Drug cos under MRTPC scanner
A host of cases against major drug manufacturers are pending for further action in the Monopolies and Restrictive Trade Practices Commission. The companies against which the cases are due for action include Johnson & Johnson Ltd, Zhandu ...
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POWER
‘Hold nuclear deal till doubts are cleared’
CPI(M) asks Centre to stop negotiations with IAEA
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Power Finance Corporation: Buy
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WATER
Six States fail to send health status of dams to Centre
New Delhi, Aug. 18 A number of State governments have failed to submit the necessary health status reports of large dams to the Central Water Commission during the last two years.There are 99 large dams across the country that are more ...
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REAL ESTATE & CONSTRUCTION
All that you wanted to know about sub-prime crisis
Chennai, Aug. 18 Sub-prime is prime news. “Indian markets catch sub-prime chill,” declares Forbes. Sub-prime ills are not hitting the markets closer home, assures SEBI. Meanwhile, WNS, India’s second-largest BPO, has ...
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DLF deal
DLF has entered into an agreement to acquire a project consisting of 38 acres of land from DCM Shriram Consolidated for Rs 1,675 crore. The company plans to build IT SEZ offices, shopping mall and residential units on the land parcels located ...
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INCOME TAX
Rs 1 lakh cr locked in frozen demat accounts
Mumbai, Aug 18 Shares worth over Rs 1,00,257 crore remain locked with 10,76,431 demat accounts being frozen for not having the mandatory Permanent Account Numbers (PAN) to trade in the stock markets. This was stated by the Union ...
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What’s on the menu for tax savings
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TOURISM
Centre plans to promote shopping tourism
Kolkata, Aug.18 The Union Ministry of Tourism (MoT) plans to promote shopping tourism in a move to develop the handicraft and cottage industry sector and also create a market for artisans and craftsmen.“We are targeting new ...
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OUTLOOK
All India needs to do now is to invest, invest and invest
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ECONOMIC OFFENCES
‘Anti-money laundering costs soaring’
The cost of fighting money laundering has risen dramatically for banks across the world as they have become increasingly engaged in the struggle against criminality, according to a KPMG Forensic study of 224 banks in 55 countries, which found ...
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