The Hindu Business Line : Saturday, April 12, 2008

POWER
Lanco pips Reliance Power, Jindal for two UP projects
Hyderabad, April 11 Lanco Infratech Ltd has won the mandate for two super critical power projects in a competitive bid for development of 3,300 MW in Uttar Pradesh.Lanco outbid with a quote of Rs 2.88 per unit with Reliance Power (part ... More

TAXATION
No plans of giving up on rebating State-level taxes, says Kamal Nath
New Delhi, April 11 The extension of the Duty Entitlement Pass Book (DEPB) scheme up to May 2009 notwithstanding, the Commerce Ministry has not given up on the plans for formulating a scheme that would also rebate State-level taxes, the ... More

EXPORTS & IMPORTS
`Ministry keen on cost reduction to trade, not seeking sops'
The Commerce Ministry is not seeking sops for exporters but only insisting on reduction of cost to trade and industry that operate in a high-cost economy with a multitude of problems - from high power cost to inadequate infrastructure facilities ... More

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