INDUSTRY & ECONOMY
EMPLOYMENT
‘Finnish firms to create 10,000 more jobs in India’
Chennai, Oct. 27 The Finnish companies that are present here have so far generated over 20,000 job opportunities and at least 10,000 more will be created once the proposed investments from newer companies and expansion plans of the existing ...
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INFRASTRUCTURE
Mundra Port IPO band at Rs 400-440
Ahmedabad, Nov. 27 Mundra Port and SEZ Ltd on Saturday announced its initial public offering seeking to raise up to Rs 1,771 crore for development of its infrastructural facilities at Mundra and Dahej.The issue will open on November 1 ...
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POWER
Suryachakra Power to invest in Sri Panchajanya
Hyderabad: Suryachakra Power Corporation has decided to invest Rs 8 crore to acquire 51 per cent stake in Sri Panchajanya Power Pvt Ltd, which is setting up a 100-MW unit in Maharashtra, and move to consider investments in coal ...
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TEXTILES
Powerloom cloth exporters seek dual exchange rate
Coimbatore, Oct. 27 Powerloom cloth exporters who met under the banner of the Powerloom Devlopment and Export Promotion Council (PDEXCIL) in Erode have sought a dual exchange rate system – one for exporters and the other for importers ...
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REGULATORY BODIES & RULINGS
Foreign cos, arms may be allowed non-resident chiefs
Ministry considering new provision in company law
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INCOME TAX
I-T Dept moves SC in Morgan Stanley case
New Delhi, Oct. 27 The Income-Tax Department has moved the Supreme Court seeking the review of its judgment in the Morgan Stanley’s captive business process outsourcing case. In its review petition, filed recently, the ...
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