Business Daily from THE HINDU group of publications
Tuesday, April 10, 2007
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INDUSTRY & ECONOMY

NON-CONVENTIONAL ENERGY
National bio-fuels mission to focus on jatropha plantation
Bannari Amman Sugar sets up Rs 2-crore plant More

ECONOMY
Gateway to the North East
The significant strategic aspect of the State's location is that Tripura is surrounded by Bangladesh on three sides; and it shares a 856 km-long international border. The State's location and socio-economic ... More

China and diverse perceptions
If China and Mao inspired young and dreaming socialists across the globe in the 1950s and early 1960s, the country became the centre of attention since the late 1970s for its non-stop economic advance. People elsewhere feel a bit depressed ... More

Overheating is cyclical, says Rangarajan
Calls for reforms in agriculture, infrastructure, governance More

EXCISE AND CUSTOMS
Centre may consider cut in palm oil Customs duty
Plans to supply edible oils through ration shops More

FOREIGN TRADE
AP CM for better trade ties with Singapore
Andhra Pradesh is willing to present itself as a focus State in the upcoming conference called `Salam India'. This event will be organised by the Singapore Indian Chambers of Commerce & Industry in August 2007. Giving this assurance to the ... More

INFRASTRUCTURE
Centre okays 44 infrastructure projects worth Rs 1,314 crore
Two-tier cities to benefit from water and sewerage services More

`Singur, SEZ issues need national perspective'
The problems surrounding Nandigram and Singur are part of the "pains and pangs of growth," said Mr Bushen Raina, Chairman, Confederation of Indian Industries (CII), Eastern Region, on Monday while addressing a press conference. "These issues ... More

PETROLEUM
Reliance plans Rs 25,000-cr mega pipeline grid
Covering main gas transport trunk lines; to network 4 States initially More

PM lays foundation stone for Assam Gas Cracker project
NEW OPPORTUNITIES: The Prime Minister, Dr Manmohan Singh, laying the foundation stone of the petrochemical project of Brahmaputra Cracker and Polymer Ltd in Lepetkata in Dibrugarh district of Upper Assam on Monday. Also seen are (from right) ... More

POWER
Mumbai gets reprieve from power cuts
Currently, Mumbai's peak requirement is about 2,600 MW but the supply is about 2,200 MW. Tata Power sources 350 MW to meet April shortfall More

Rashtriya Ispat, NTPC venture for power unit
Rashtriya Ispat Nigam Ltd and National Thermal Power Corporation will form a 50:50 joint venture to set up a 150 MW gas-based, power unit in the former's campus. A memorandum of understanding to this effect will be signed next week. Stating ... More

TAXATION
VAT: States revenue growth rate slips to 22.4%
More

Chidambaram wants action plan to sustain tax collections
Inaugurating video conferencing facility today More

`Withdraw VAT on beedi'
Beedi workers here have urged the State Government to withdraw 12.5 per cent VAT (value-added tax) imposed on beedi in the recent budget. A press release by the Mangalore Ganesh Beedi Works Employees' Association said here on ... More

RADIO/TV
Sharing feed with TataSky: Sun TV gets interim stay
Sun TV has secured interim stay from the Madras High Court on the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) order asking it to share its signals with the Direct-to-Home provider TataSky. "On Thursday (April 5), we filed writ ... More

NDTV entertainment channel may go on air by year-end
`Imagine' to be launched by year-end or Jan `08 More

EDUCATION
Portal to flash exam results on mobiles
With the exams season around, a software company has hit upon a timely idea. Suchinfotech says it will flash the results of exams on personal mobile phones, in less than an hour after they are officially announced. The Hyderabad-based company ... More

Plan for a revised GRE test cancelled
There is relief for the students who are apprehensive about taking the Graduate Record Examinations (GRE) test, that is the basis for seeking admission in the universities in the US, in a new format with ETS announcing the scrapping of the ... More

Making candidates `industry-ready'
Pricol Academy of Excellence (PAcE), promoted by the Pricol Group of companies, is striving to give the candidates the "finishing touch" by training them to take up the right jobs. The PAcE Director, Mr Vikram Mohan, said the group encountered ... More

REAL ESTATE & CONSTRUCTION
Trent in pact with Xander
The Tata Group company Trent Ltd has informed the BSE that it has entered into an agreement with the Xander Group Inc, a global private equity firm. The Xander Group Inc will through one or more of its fund vehicles invest in the ... More

Rane Madras Chennai property up for sale
Rane (Madras) Ltd is putting up for sale a 63,162 sq ft property at Velachery on the southern outskirts of the city. International property consultants, CB Richard Ellis South Asia Pvt Ltd, which is handling the sale, has advertised for the ... More

RURAL DEVELOPMENT
ABN Amro deepens micro-finance exposure
Spots NGOs and helps them grow into MFIs More

Mobile operators oppose mandatory roll-out obligation
Opposes DoT penalty on defaulters More

INTERVIEW
INDUSTRIAL INITIATIVES IN TRIPURA
`Infrastructure development key to luring investments'
Without proper infrastructure, investment will never flow into Tripura. It is therefore clear the building of infrastructure will have to be the first priority of the State. In an exclusive interview with Business Line, the Tripura Chief ... More

State's strategic location gives it an edge over others
Rubber has been identified as one of the thrust areas in Tripura, in view of its suitability to the terrain and acceptability among the tribal populace. More

INCOME TAX
FBT on stock options: Sacrificing equity for the sake of convenience
Is ESOP (employee stock option plan) a `fringe benefit' or a perquisite (salary)? "Answer to this question should have held no terrors before the introduction of Finance Bill, 2007," says Mr V. Ranganathan, a Chennai-based chartered ... More

TOURISM
Kerala embarks on off-season tourism
Web packages, cultural events, investment projects planned for coming season. More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Cotton — future imperfect

VAT: States revenue growth rate slips to 22.4%

Mudra plans trade marketing foray

ABN Amro deepens micro-finance exposure

Air India aircraft makes emergency landing

IAF will release pilots for Air India

Reliance plans Rs 25,000-cr mega pipeline grid

Looking back
Apr. 1-Apr. 7
Gambling law in the UK

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Govt effects further import duty cuts with Singapore

Indian cos invest $23 b abroad in Jan, Feb

Is there light at the end of the pipeline?

Budget proposal on pvt aircraft import levy opposed

Budget proposal on pvt aircraft import levy opposed



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