Financial Daily from THE HINDU group of publications
Wednesday, January 04, 2006
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Financial Daily from THE HINDU group of publications Wednesday, January 04, 2006 |
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INDUSTRY & ECONOMY EMPLOYMENT Retail sector will create 50,000 jobs a year: Study THE size of the retail market in the country is projected to more than double by 2008 growing at around 36 per cent every year till 2008. Thus the overall size would be Rs 14,79,000 crore by 2008 from its current size of Rs 5,88,000 crore, ... More CLIMATE & WEATHER SriLankan looking at Jaipur as alternate airport to Delhi SRILANKAN Airlines is looking at the option of making Jaipur the alternate airport for landing its flights in case the Delhi airport is affected by fog. The airline's Area Manager, Northern India, Nepal and Bangladesh, Mr Sharuka Wickrama ... More
NON-CONVENTIONAL ENERGY Oil cos begin sales of ethanol-doped petrol in TN According to sources in the know, the three oil companies — Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum — have started selling petrol mixed with five per cent ethanol in nine southern districts of Tamil Nadu. The ... More BUDGET Gas transportation cos seek infrastructure status CLIMBING on the pre-budget bandwagon for tax breaks, companies in the gas transportation and distribution sector want their projects to be treated as `infrastructure facility' to merit tax concessions such as 10-year tax holiday. Industry ... More CEMENT Cement majors post robust sales in Dec — Stocks move up on firm prices CEMENT majors have reported robust growth in sales for December 2005; and with cement prices increasing as well in some regions, cement scrips too posted robust gains on the stock exchanges. The country's largest cement producer, The ... More COURTS/LEGAL ISSUES Law Commission proposes amendments to Limitation Act The Commission said that in the international sphere where a contract is entered into or any other kind of legal obligations arises in a foreign country and the judicial remedies are resorted to in another country, the distinction as to whether the l aw of limitation is `procedural' or `substantive' becomes important. More ENVIRONMENT Alang yard awaits Clemenceau's arrival ALANG is fully geared up to break the decommissioned French aircraft carrier Clemenceau if it can sail through the controversy surrounding it and come to the Gujarat coast. "We have in place complete infrastructure for storage and disposal of ... More FOOD & DAIRY PRODUCTS Biscuits industry seeks cut in VAT, duty waiver IN an attempt to boost the per capita consumption of biscuits in the country, the biscuit industry has asked for duty waivers and reductions in the tax levels applicable to it. Currently, biscuits are subject to 8 per cent excise duty and a 12.5 ... More INFRASTRUCTURE 
Manmohan promises hike in infrastructure investment — Lays foundation stone for ring road project in HyderabadTHE Prime Minister, Dr Manmohan Singh, has said the year 2006 will be marked by a substantial hike in investments in every sector, especially in infrastructure development. During 2005, the country achieved progress in several fields and the ... More PETROLEUM Petro-goods pricing: Panel may suggest revenue-neutral formula THE Dr C. Rangarajan Committee set up to formulate a long-term policy on pricing and taxation of petroleum products is likely to suggest a revenue-neutral mechanism to the Government. The committee is expected to submit a detailed report to ... More POWER KSEB plans to invest Rs 760 cr in 2006-07 In the transmission sector, it plans to invest Rs 71.65 crore on four 220 KV substations and transmission lines; Rs 52.73 crore on ten 110 KV lines and Rs 18.86 crore on three 66 KV lines. More TAXATION Tax tribunal Act notified THE National Tax Tribunal Act 2005, which is legislation passed by Parliament in the winter session, has been notified. Under this legislation, the National Tax Tribunal (NTT) would hear cases on substantial question of law from the decisions ... More TEXTILES Award for management practices in textile units THE Coimbatore-based Precot Mills Ltd, in association with the Tamilnadu Centre of ABK-AOTS Dosokai, Japan, has for the first time instituted an award for textile units excelling in management practices. The award in the form of rolling trophy ... More TRAVEL & PLACES Only 1,364 advance degree H1-B visas left out of 20,000 THE advance degree H-1B visas are disappearing fast with the latest update from US Citizenship and Immigration Service (USCIS) showing that only 1,364 visas are now available under this category. Against the stipulated cap of 20,000 visas under ... More TERRORISM Security in IT destinations — no cause for panic Soon after the Bangalore attack, the Tamil Nadu Police beefed up security in various parts of the State, including armed police pickets at TIDEL Park, Indian Institute of Technology, Anna University, and the Central Leather Research Institute, among other institutions. More RADIO/TV Strict eligibility norms may force media houses to play low key in bidding for FM EVEN as the number of cities tabled for FM radio have increased manifold in the imminent second round of bidding for the service, strict eligibility norms could see some players beating a retreat. A total of 338 channels in 91 cities go to the ... More
Indian Media Group seeks setting up of regulatory body soon
No consensus on sharing of sports telecast rights GEMS & JEWELLERY CBEC to handle disputes over branded jewellery THE Finance Ministry has decided to have its say in cases where a jeweller contests that the jewellery sold by him is not branded and therefore cannot be subjected to excise duty. To avoid harassment to the jewellery trade in such situations, ... More PAPER, BOARD & NEWSPRINT Chamber seeks excise rationalisation for corrugated boxes, container units THE Bharat Chamber of Commerce has called for rationalisation of Central Excise duty structure on `Corrugated Boxes and Containers', as the manufacturing units were now facing serious difficulties owing to different provisions of Excise Rules and ... More TEXTILE MACHINERY Textile machinery expo from tomorrow THE Union Textiles Minister, Mr Shankar Sinh Vaghela, will inaugurate the two-day apparel machinery exposition in Delhi on January 5, which is targeted at the 70,000-strong sewn products industry in the country. The event, organised by the ... More SCIENCE & TECHNOLOGY 
Make second green revolution a reality: PMThe Prime Minister, Dr Manmohan Singh, on Tuesday called for a second Green Revolution aimed at energising and transforming agriculture and rural markets with focus on non-food crops, horticulture and new plant varieties. Inaugurating the 93rd ... More
`IISc incident shows Indian science's success'
IRS-1C completes 10 years in orbit
Amartya Sen for widening impact of economic growth
The challenge is in making high tech work for the poor: Mashelkar
Don't miss the nano bus: C.N.R. Rao
Movement to protect soil health to be launched
RURAL DEVELOPMENT 
Aiyar reiterates support to rural business hubsTHE Union Minister for Petroleum and Panchayati Raj, Mr Mani Shankar Aiyar, on Tuesday reiterated his Ministry's support to the industry chieftains in the their effort to set up business linkages with rural India. At a meeting organised by the ... More
ITC to invest $1 b in e-Choupal infrastructure
Andhra CM calls for concerted efforts for rural development
Indian Bank adopts village EVENTS Dubai Shopping Festival from today THE Dubai Shopping Festival 2006, an entertainment and shopping extravaganza, is all set to enthral visitors for a month, starting from Wednesday. Laser fireworks in seven locations in Dubai on Wednesday evening will sound the inauguration of ... More
Recruitment seminar in Bangalore on Jan 6 Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Dynamic Tirupur Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
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