Business Daily from THE HINDU group of publications
Wednesday, February 04, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, February 04, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INDUSTRY & ECONOMY ECONOMY: Direct tax mop-up short of target by Rs 1 lakh cr Mumbai, Feb. 3 The direct tax collections as of date are short by around Rs 1 lakh crore of the target set for the current financial year, said Mr S.S.N Moorthy, the newly appointed Chairman of Central Board of ... EXPORTS & IMPORTS: Nath assures tax relief for SEZ, export-oriented units Sunset clause may be extended to weather global slump. New Delhi, Feb. 3 The Commerce and Industry Minister, Mr Kamal Nath, on Tuesday assured export-oriented and SEZ units that some of the pending issues such as grant of tax reliefs would be ... EDUCATION: Goldman Sachs, ISB offer managerial course for women Has an investment of $100 million over next 5 years. Ms Sunitha Nair is into the flowers business. She has set up a company called Flowers 2.0. In five years, she wants to build a professional florist company with 250 outlets across ... AUTOMOBILES: FICCI study suggests steps to revive auto growth New Delhi, Feb. 3 FICCI has suggested measures to revive growth in Indian automotive sector and double its contribution to GDP from the existing 5 per cent to 10 ... EXPORTS & IMPORTS: Zero duty raw sugar imports cleared New Delhi, Feb 3 The confusion over whether or not the Centre has allowed duty-free imports of raw sugar against advance licenses (AL) on a ‘tonne-to-tonne’ basis is ... TWO/THREE WHEELERS: SIAM initiative to re-cycle two-wheelers Mumbai, Feb. 3 The Indian automobile industry is warming up to the world-wide trend of using materials that can be re-cycled, in the production of vehicles. The Society of Indian Automobile Manufacturers (SIAM), the industry body of ... MINERALS: Sops to iron ore exporters withdrawn Indian Railways has partially withdrawn concessions it had extended to iron ore exporters by reducing freight rate concessions by Rs 100 a tonne. Simply put, if a customer was receiving concession of Rs 134 a tonne, then he would now receive ... FERTILISERS: Rs 6,000-cr bonds to fertiliser cos The Union Government on Thursday announced the issue of ‘6.65 per cent Fertiliser Companies Government of India Special Bonds, 2023’ for Rs 6,000 crore at par to 23 Fertiliser Companies as compensation towards fertiliser subsidy ... TAXATION: Commercial tax arrears settlement ... AUTOMOBILES: Auto stocks still at crossroads Coimbatore, Feb. 3 After putting up dismal sales performance month after month during this financial year, auto companies have something to cheer, with January sales showing a positive trend compared to the ... RURAL DEVELOPMENT: Nabard sanctions Rs 51 cr to Kerala Thiruvananthapuram, Feb. 3 The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 50.82 crore to Kerala for taking up rural ... CARS: Oriental Insurance ties up with MyTVS Mumbai, Feb. 3 Public sector insurer Oriental Insurance Company has tied up with MyTVS, an after sales service solution provider for car owners for roadside assistance ... PETROLEUM: HPCL’s common carrier pipeline goes on stream New Delhi, Feb. 3 An oil products pipeline that can be accessed by all refinery-cum-marketing companies, the country’s first such venture, was commissioned ... EVENTS: Will power shift happen from West to East? ‘Quality of human capital holds the key’. Chennai, Feb. 3 Will the current economic crises witnessed by US and Europe mean a power shift from the West to Asia? No, according to Dr Amit Mitra, Secretary ... CARS: Luxury car sales rise in 2008; imports drop New Delhi, Feb. 3 Car imports have fallen in the 2008 calendar year as increasing number of consumers chose to buy locally assembled models by foreign ... PSU: ‘Give more freedom to navratna PSUs to form jt ventures’ New Delhi, Feb. 3 The Union Minister of State for Power and Commerce, Mr Jairam Ramesh, on Tuesday suggested giving greater autonomy to navratna public sector undertakings wanting to enter in to ... PHARMACEUTICALS: ‘Vaccines market set for explosive growth’ Our Bureau Hyderabad, Feb. 3 The vaccines’ market in India will lead the demand growth in South-East Asian countries as many new vaccines are set to be launched in five years, according to Mr Albrecht Laufer, Head (India), Corvay ... HOTELS: Commonwealth Games could see acute hotel room shortage Mumbai, Feb.3 With barely a year to go before the Commonwealth Games kick off in New Delhi, the bad news is that there may just not be enough hotel rooms going at ... INCOME TAX: I-T dept to launch new Web site for public New Delhi, Feb. 3 The Income Tax Department plans to be more transparent and accountable to the public. Towards this end, the tax department would launch on Wednesday a new Web site —incometaxindiapr.gov.in. A book by the title ... EDUCATION: Cadila to set up College of Life Sciences Ahmedabad, Feb. 3 Zydus Cadila Healthcare is going to set up Ramanbhai College of Life Sciences in 2010 for Under graduate, Post graduate and Doctoral courses in basic and applied sciences, said Mr Pankaj Patel, Chairman and Managing ... RURAL DEVELOPMENT: Genome Foundation, Karnataka varsity sign MoU Hyderabad, Feb. 3 The Genome Foundation in Hyderabad has signed an MoU with Sri Devaraj Urs University in Kolar, Karnataka,to establish a satellite diagnostic centre in Karnataka to serve the ... TAXATION: Sales tax arrears settlement scheme extended Madurai, Feb. 3 The date for submission of application for settlement of tax arrears under the Tamil Nadu Sales Tax (Settlement of Arrears) Scheme 2008 has been extended up to March ... EDUCATION: C.J. George, MD, Geojit Financial Services; Bharata Mata Institute of Management, Kochi The downside risks of the world economic recession still continue to persist, since neither the US stock markets nor its currencies have plunged in consonance with other major global markets. However, the current recession is both a cause ...
EDUCATION:
Hari Prakash, General Manager, Concorde Motors; Dept of Management Studies, Guru Nanak College, Chennai Columnists: • B Venkatesh • C Gopinath • Bhanoji Rao • P.V. Indiresan Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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