INDUSTRY & ECONOMY
FOREIGN TRADE
FICCI for removal of trade barriers with EU
New Delhi, Feb. 3 As the roadmap to the India-EU free trade agreement (FTA) is being outlined, industry estimates the potential trade between the two partners to touch $572 billion by 2015. “This engagement includes both trade in ...
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HOTELS
Fortune hotel launched in Mumbai
ITC Ltd’s subsidiary, Fortune Park Hotels Ltd launched its 22nd property called Fortune Select Exotica at Navi Mumbai. Situated on Palm Beach Road, it would have 85 rooms for business travellers. This is Fortune’s first property in ...
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INFRASTRUCTURE
Panel to discuss removal of tax sops for SEZs
Finance Ministry says reliefs lead to revenue loss
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Hinduja Group plans healthcare sector foray in Bengal
Kolkata, Feb. 3 The Hinduja Group is looking to foray into the healthcare sector in West Bengal by setting up a ‘medicity’ in and around Kolkata, the State Industry and Commerce Minister, Mr Nirupam Sen, told presspersons here on ...
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Villagers oppose land acquisition for Mangalore SEZ project
Some villagers, who will be losing their land to the proposed Mangalore Special Economic Zone, have opposed the move to acquire land for the project. Participating in a public discussion — convened by the Technical Committee of ...
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PETROLEUM
Centre asks Maharashtra to check illegal use of LPG
Mumbai, Feb 3 The Union Petroleum and Natural Gas Minister, Mr Murli Deora has urged upon the Maharashtra Government to intensify the inspections of commercial establishments for illegal use of subsidized domestic LPG cylinders. ...
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POWER
Reliance Power IPO refunds: Liquidity gets a boost
Chennai, Feb. 3 The stock markets could get an investor liquidity booster dose this week. About Rs 1 lakh crore may come back from investors who will be getting their money back after failing to secure allotments in the Reliance Power IPO. ...
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Jain Energy to set up power plant at Balpur
Kolkata, Feb. 3Kolkata-based Jain Energy has entered into a memorandum of understanding (MoU) with the Chattisgarh Government for setting up a 1,000 MW coal-based thermal power plant at Balpur of Janjgir-Champa district. The plant will be ...
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‘India may face isolation if N-deal not through’
Kolkata, Feb. 3 India may find itself isolated in the global community and may even have to face sanctions if the country does not go ahead with the civilian nuclear deal with the US, according to the External Affairs Minister, Mr Pranab ...
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KCCI files caveat before Appellate Tribunal
The Kanara Chamber of Commerce and Industry (KCCI) has filed a caveat petition before the Appellate Tribunal of Electricity at New Delhi against the “intended moves” of the electricity supply companies (escoms) in the State to ...
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TAXATION
Does ISO certification fall under consulting engineer’s services?
We are engaged in providing ISO audit to our client which leads to various ISO certifications. We would like to know whether this service is covered under consulting engineer’s services. More
TYRES
Tyre industry seeks changes in inverted duty structure
New Delhi, Feb. 3 Higher raw material prices compared to the cost of importing finished products have compelled the Indian tyre industry to seek a correction in the inverted duty structure and a waiver on certain raw materials not manufactured ...
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SCIENCE & TECHNOLOGY
BrahMos-2 will see design, development of hypersonic missiles: CEO
India, Russia teams working on designing different versions
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SOCIAL WELFARE
Govt to conduct social audit for Indiramma housing scheme
The State Government will conduct social audit and third party verification of all completed houses under Indiramma Housing Scheme to promote transparency.A decision to this effect was taken by the Chief Minister, Dr Y.S. Rajasekhara ...
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INCOME TAX
I-T Dept will become more taxpayer-friendly: Chidambaram
Large taxpayer facility inaugurated in Chennai
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TOURISM
ITC-Welcom hotels plans foray into medical tourism
First project to come up in Thane near Mumbai
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Tourism conclave on Dakshina Kannada
The tourism potential of Dakshina Kannada district will be discussed at the one-day ‘Tourism Conclave’ on February 5, according to Mr K. Narasimha Prabhu, President of Kanara Chamber of Commerce and Industry (KCCI).To be ...
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