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INDUSTRY & ECONOMY
ECONOMY:
Hyundai puts off bus plans as slowdown bites
Co had signed technical pact with Caparo to manufacture buses. Chennai, Dec 10 South Korea’s biggest automaker Hyundai Motor Company announced today that it is suspending its plans to sell buses in ...
REAL ESTATE & CONSTRUCTION:
Chakan too gets caught in clutch of auto gloom
New proposals on hold; land prices plummet on low demand. Pune, Dec. 10 In addition to auto units, the country’s emerging auto hub, Chakan, too is bearing the brunt of the slowdown in the sector, as many would-be manufacturers appear to ...
HEALTHCARE PRODUCTS:
Meeting a knead
Foot massagers and electric massage chairs promise you a rejuvenating maalish, but they come with a price tag.. Arranged on a raised platform, the line-up of luxuriously appointed chairs makes an impressive picture at the lifestyle products ...
POWER:
The power pricing puzzle
Time, in The Winter’s Tale, speaks of ‘that wide gap, since it is in my power.’ Perhaps, in current times, we are experiencing a wider gap in power, between demand and supply. A solution may yet be in ...
REAL ESTATE & CONSTRUCTION:
Lavasa project on track despite meltdown
In times, when real estate developers are facing a fund crunch, the promoters of the single largest project in the country, Lavasa, say they have tied up close to ...
REAL ESTATE & CONSTRUCTION:
Rental housing scheme launched in Mumbai
Mumbai, Dec 10 The Mumbai Metropolitan Region Development Authority has decided to partner Matheran Realty’s Tanaji Malusare City (TMC) project at Karjat, to launch its rental ...
TAXATION:
Meet on managing tax challenges
The Hyderabad-sub chapter of the International Fiscal Association (IFA) is organising a two-day conference on managing tax challenges in a borderless world. The conference will be held on December 12 and 13. A release from the organisers said ...
REAL ESTATE & CONSTRUCTION:
DLF’s IT economic zone denotification ‘a simple one’
‘Board of Approval has discretionary power to denotify an SEZ’. Real estate company DLF’s plea for denotification of its not-yet-built information technology special economic zone (SEZ) in the Capital would be acceded to as the ...
ECONOMY:
India Inc working to maintain momentum in subdued market: Study
Education, media, healthcare may throw up opportunities. Bangalore, Dec. 10 India Inc is concerned about the business climate arising out of the gloomy economic environment but feels optimistic about opportunities that could help it tide over ...
TOURISM:
More pilgrims opting for insurance cover
New Delhi, Dec. 10 If prayers fail, there is always insurance to fall back on. Sabrimala pilgrims, some of whom will be making a long tiring journey to the shrine of Lord Ayyappa, in these months, will now be able to buy medical cover at ...
POWER:
370 MW Vemagiri goes on stream with diverted gas
Hyderabad, Dec. 10 GMR Infrastructure Ltd has informed the BSE that Vemagiri Power Generation Ltd (VPGL) with installed capacity of 370 MW has commenced power generation with gas diverted from other plants in ...
ECONOMY:
Kerala’s public debt at Rs 57,000 cr
Kerala’s public debt was at around Rs 57,063 crore at the end of October this year, according to the Finance Minister, Dr ...
SCIENCE & TECHNOLOGY:
National mission on Himalayan Glaciers initiated
Tenali, Dec. 10 A national mission programme to study the Himalayan Glaciers has been initiated with the Department of Science and Technology (DST) in ...
ENGINEERING:
Panel to study impact on engg exports
Engineering Exports Promotion Council (EEPC) has set up a task force (comprising four members from each region) under the chairmanship of Mr Rakesh Shah, immediate past Chairman of the Council, to study the impact of the global economic crisis ...
TOURISM:
Cox & Kings, IRCTC pact for Rs 50-cr luxury train project
Mumbai, Dec. 10 The first Indian luxury train to have a pan-country presence will commence operations from third quarter of ...
TAXATION:
CBEC rules out service tax rate cut for now
The Central Board of Excise and Customs (CBEC) has ruled out any reduction in the 12 per cent service tax rate for now. This is even as trade and industry pitched for a service tax rate reduction similar to the 4 percentage point cut in ...
EVENTS:
Meet on growth
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EVENTS:
Protest rally
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EVENTS:
At Parliament House
...
EXPORTS & IMPORTS:
Row over virgin olive oil import duty
Chennai, Dec. 10 Imports of virgin olive oil have landed in a controversy with importers and Customs authorities engaged in a duel over the duty that will have to be paid for bringing this edible oil into ...
TRAVEL & PLACES:
Forex for travel: norms relaxed
Mumbai, Dec. 10 The Reserve Bank of India has now made buying foreign exchange for travel overseas easier. Travellers can now buy foreign exchange from authorised dealers using their debit, credit and prepaid cards, according to a ...
RADIO/TV:
News broadcasters plan emergency protocol for coverage
New Delhi, Dec. 10 The Minister of State for Information and Broadcasting, Mr Anand Sharma, met broadcasters today to discuss the news coverage of the ...
EDUCATION:
Ishan Institute holds convocation
The Ishan Institute of Management and Technology, Greater Noida, has held its 12th convocation here, where 120 students received their diplomas. Mr D.K. Kapila, Director, Allahabad Bank, was the chief guest on the occasion. In his speech, Mr ...
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