The Hindu Business Line : Tuesday, November 24, 2009

INDUSTRY & ECONOMY

REAL ESTATE & CONSTRUCTION: Govt may do away with lock-in period for FDI in real estate
Dept of Industrial Policy and Promotion framing new rules. Setting the stage for easier FDI norms in the real estate sector, the Government is considering a proposal to do away with the three-year lock-in stipulation for repatriation of foreign ...

EXCISE AND CUSTOMS: Hybrid vehicles may cost less as Govt mulls import duty cuts
New Delhi, Nov. 23 For those looking to buy environment-friendly cars but have been deterred by the high prices, there is some good ...

POWER: Mission aims to bring solar power to grid price levels by 2022
NTPC arm to purchase power from solar producers. The Jawaharlal Nehru National Solar Mission — ‘Solar India’ — envisages bringing about price parity between solar and grid power by 2022 when the Mission ...

TAXATION: CBDT rules on dispute resolution panels
The Central Board of Direct Taxes (CBDT) has come out with the basic ground rules for the functioning of Dispute Resolution Panels (DRP). The concept of DRPs was announced in Budget 2009-10 to ensure faster resolution of transfer pricing and ...

ELECTRICAL GOODS: Duty likely on Chinese power equipment
New Delhi, Nov. 23 The Government may look to impose safeguard duties on power equipment from China, as indigenous manufacturers are facing a tough time competing with the highly subsided and, hence, cheaper imports ...

ANTI-DUMPING: Dumping duty on Saccharin from China to continue
Cheaper sugar substitute Saccharin being dumped from China would become a bit expensive with the Designated Authority in the Commerce Ministry recommending continuation of the current definitive anti-dumping duty on it, after a ...

NON-CONVENTIONAL ENERGY: Solar stimulus

ENVIRONMENT: Biofuels have limited role in India: Minister
New Delhi, Nov. 23 Biofuels can have only a limited role in India due to food security issues and limitations in land available for cultivation, the Environment Minister, Mr Jairam Ramesh, said here on ...

EVENTS: Monitoring meters
...

PSU: AI closer to raising equity base to Rs 945 cr
New Delhi, Nov. 23 Air India has moved a step closer to seeing its equity base being raised to Rs 945 crore from the current level of Rs 145 ...

NON-CONVENTIONAL ENERGY: Astonfield plans slew of solar PV units in India
Astonfield Renewable Resources Ltd (ARRL) is eyeing India with a slew of solar photo voltaic power generation projects including in West Bengal, Andhra Pradesh, Rajasthan, Bihar and ...

INDUSTRIAL POLICY: No concrete plans on utilisation of Singur land
“As far as I know, land allotted for specific purpose cannot remain unutilised for an indefinite period,” said the West Bengal Chief Secretary, Mr A. Chakraborty, in reply to queries from newspersons at Writers’ Buildings ...

EVENTS: Bangalore to host floriculture expo in Dec
Bangalore will host a three-day International Flora Expo 2009 beginning December ...

NATURAL CALAMITIES: Civil Defence Act to cover disaster management
A Bill seeking to amend the Civil Defence Act 1968 with a view to expanding the role of the civil defence to bring within its scope the measures which might be taken for the purpose of disaster management during, at, before, or after any ...

POWER: Exodus of Chinese engineers may delay power projects
New Delhi, Nov. 23 Power projects with a cumulative capacity of 4,000 MW may miss their March commissioning date due to a shortage of engineers from Chinese firms that sold the equipment for these projects, the Minister of State for Power, ...

EDUCATION: Mr K. Padmanabhan, CEO, KnowledgeQ Interactive Consultancy Services; St. Joseph’s Institute of Management, Tiruchi
KnowledgeQ CEO stresses commitment to social good. Tiruchi, Nov. 23 “There is a leader in everybody. Leadership is an intuitive process and is required at all levels,” according to Mr K. Padmanabhan, Chief Executive Officer, ...

Columnists: • B Venkatesh • C Gopinath • Bhanoji Rao • P.V. Indiresan