The Hindu Business Line : Friday, May 02, 2008

COMPANY LAW
Limited Liability Bill to be replaced
New Delhi, May 1 The Cabinet on Thursday gave its nod for introduction of a Limited Liability Partnership Bill, 2008 in Parliament by replacing the Limited Liability Partnership Bill, 2006. The proposed Bill would facilitate creation of ... More

CEMENT
Cement price control under Govt consideration
Industries regulation Act provision may be invoked after 19 years More

ECONOMY
New CII chief’s ‘mood meter’ reads positive
K.V. Kamath bullish on India Inc More

Goldman Sachs is sanguine about world economy
More

FOREIGN TRADE
CCEA nod for waiver of dues of Indian cos on Cuba
New Delhi, May 1 The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its nod for waiver of dues of Indian companies on Cuba amounting to Rs 347 crore. The CCEA also gave its approval for reimbursement (principal + ... More

INFRASTRUCTURE
Decision on 18 SEZ proposals deferred
New Delhi, May 1 The Board of Approvals for Special Economic Zones (SEZ), which met on Thursday to discuss 18 proposals for clearance, deferred decision till May 16 when it would meet again. The BoA, which met under the chairmanship of the ... More

PETROLEUM
Cairn gets nod to shift delivery point for Rajasthan crude
New Delhi, May1 The wait is finally over for Cairn India with the Government on Wednesday giving its nod for shifting of the delivery point of crude oil from the field in Barmer, Rajasthan, to Salaya on the Gujarat coast. In a statement ... More

POWER
Reliance Power acquiring coal mine in Indonesia
Coal supplies for mega projects in AP, Maharashtra More

TAXATION
Mathoda is new CBDT Chairman
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SSI
Kalam moots R&D lab for Coimbatore small-scale units
Coimbatore, May1 The former President, Mr A. P. J. Abdul Kalam, today urged the Coimbatore industrial cluster to set up a good R & D laboratory to exclusively support the small-scale industries in the region and such a facility should be ... More

WATER
‘Delay in setting up Rail Neer plants benefiting competition’
New Delhi, May 1 A parliamentary committee has asked Indian Railways not to delay IRCTC’s plan to set up two new packaged drinking water (Rail Neer) plants, pointing out this is actually benefiting its competitors, or other companies ... More

COAL
NLC wins case over sales tax on briquetting plant
Chennai, May 1 The Neyveli Lignite Corporation in Tamil Nadu has won a case in the Madras High Court by which it would pay a nominal 4 per cent sales tax under the TNGST Act, 1959 instead of 12 per cent demanded by the TN Commercial Tax ... More

EDUCATION
Hyderabad varsity to provide 5% quota to OBC students
The University of Hyderabad (UoH) will implement 5 per cent reservation to the students belonging to Other Backward Castes (OBC) from this academic year, said the Vice-Chancellor, Prof Seyed E. Hasnain. It has sought Rs 140-crore ... More

MEDICAL INSTITUTIONS & HOSPITALS
Tie-up with ISRO for telemedicine
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REAL ESTATE & CONSTRUCTION
Work on Pune’s third township progressing
Pune, May 1 While two townships are already under construction in Pune, the third — Megapolis, a 150-acre township — is also taking shape. The township is coming up at phase III of Hinjewadi where Blue Ridge township, a ... More

INDUSTRY ASSOCIATIONS
Skill development tops CII agenda, says Kamath
New Delhi, May 1 The newly-elected President of the Confederation of Indian Industry (CII) and Chief Executive Officer of ICICI Bank, Mr K.V. Kamath, said that the chamber would address India Inc’s problem of wage inflation by taking up ... More

New IAMAI Chairman
The governing board of Internet and Mobile Association of India (IAMAI) has elected Mr Sanjeev Bikhchandani, Founder and CEO of Info Edge India Ltd, as its Chairman for 2008-09. Meanwhile, Mr Ajit Balakrishnan, Founder, Chairman and Managing ... More

EVENTS
Seminar on biofuels, agribiotech in AP
Hyderbad, May 1 The Federation of Andhra Pradesh Chambers of Commerce and Industry (Fapcci) is organising a one-day seminar on biofuels and agribiotech industries in Andhra Pradesh on May 3.“The seminar is aimed at further ... More

ENTREPRENEURSHIP
Teaching biz
Career Launcher shows how love for teaching can go hand in hand with entrepreneurship. More