The Hindu Business Line : Tuesday, February 28, 2006

I-T Dept to step up vigil against tax offenders
The Income-Tax Department is gearing up its machinery to have greater surveillance in order to increase the revenue. At a press conference here on Monday, the I-T Director-General (Investigation), Mr J.L. Giridhar, said the thrust was on ... More

Bajaj Allianz plans 2 more Vizag branches
Bajaj Allianz Life Insurance Company has emerged as the best among private insurers here, according to Mr N. Venkateswara Rao, the senior branch manager. At a function at its office here to mark the inauguration of Insurance Festival on Monday, ... More

ICRISAT partners CII in rural growth plan
Livelihood options
ICRISAT will soon join the developmental initiative launched in Dungarpur while CII plans to replicate the model elsewhere. More

KERALA

UTI Bank opens Palakkad branch
UTI Bank has opened its branch in Palakkad in the State. Mr R. Asok Kumar, President, UTI Bank, inaugurated the branch at the City Centre. Speaking on the occasion, he said the opening of the branch ... More

US Technology to set up campus
US Technology will invest Rs 500 crore in setting up its own world-class campus on the 36 acres of land acquired on lease from the State Government. Mr Sajan Pillai, President and Chief Operating Officer, US Technology, and Mr V. J. Jayakumar, ... More

Detained Pak ship brought to Kochi
The container feeder vessel SAF Marine Pakistan, which was detained by the Lakshadweep police after some of its crew members disembarked in an uninhabited island without permission, has been brought to Kochi Port by the Coastguard for ... More

KARNATAKA

KCCI to identify developers for multi-product component in SEZ
Since IL&FS Ltd has handled other SEZs in the country, it will be in a position to identify suitable developers for multi-product component in the SEZ. More

OTHER STATES

Automotive testing unit in Assam launched — Facilities to be used for N-E
Training for youth
The Silchar Centre will annually train about 1,000 youngsters to handle the latest automobiles.
The NATRIP facility is expected to be functional within the next two years.
It will help in the p roduction and export of low-priced, high-tech vehicles and components. More

Goan assessees for changes in I-T Act
Goan assessees hope that the Union Budget this year will have suitable amendment to Section 5A of the Income Tax Act (I-T Act) which has adversely affected salaried tax payers of Goan origin. The Goa Youth Congress President, Mr Guirish ... More

Foundation stone laid for three RPG group projects
Goenkas tie-up with Godrej Group for shopping arcade
Performance -oriented
The group has decided to convert non-performing assets into profitable ventures, largely in the real estate area.
An internal study about the number of non-performing assets and also the value of such assets is being done. More