The Hindu Business Line : Tuesday, September 06, 2005

Region-specific tax breaks distort businesses
Given the competitive environment in which businesses function, even a small concession can disturb the balance in favour of players in certain regions, and by implication hurt the interest of others. More

Kerala: Cabinet panel clears VRS schemes for PSUs
THE Cabinet sub-committee on public sector undertakings (PSUs) in Kerala has given an in-principle approval for the release of funds for implementing a voluntary retirement scheme (VRS) in Steel Industrials Kerala Ltd, Kerala State Salicylates ... More

Bill to provide reservation in promotions soon
THE Union Government is planning to introduce a Bill in the next session of Parliament for providing reservations in promotions. The Union Minister of State for Statistics and Programme Implementation, Mr Oscar Fernandes, said this at the ... More

POLITICS

Decision on fuel price hike likely today — PM tells Left there's no alternative
THE long-pending issue of raising the prices of petroleum products may be resolved tomorrow at a meeting of the Union Cabinet, with the Left parties now reconciled to the hike. The Finance Minister, Mr P. Chidambaram, also indicated today that ... More

Rift most unfortunate, says CPI(M) MP
THE rift between the ONGC Chairman, Mr Subir Raha, and the Union Petroleum and Natural Gas Minister, Mr Mani Shankar Aiyar, has been described by Mr Dipankar Mukherjee, CPI (M) Rajya Sabha MP, and a member of the Parliamentary Standing ... More

SECURITY

`Chetan' passes Siachen tests
CHETAN, the helicopter re-engined and upgraded by Hindustan Aeronautics Ltd, has passed some very critical tests under hostile conditions on the Siachen Glacier. The tests are of crucial importance in evacuating injured soldiers at the highest ... More

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