Business Daily from THE HINDU group of publications
Tuesday, May 08, 2007
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INDUSTRY & ECONOMY

RESEARCH & DEVELOPMENT
SolidWorks ties with MIT; launches Pune centre
SolidWorks Corporation has launched a SolidWorks training centre in Pune, in collaboration with Maharashtra Institute of Technology (MIT). In an e-mail interview with Mr John J. McEleney, Chief Executive Officer, SolidWorks Corporation, he ... More

INFRASTRUCTURE
Board of Approval for SEZ plans series of meetings
23 fresh applications will come up for clearance More

POWER
Dabhol: Deora reiterates 60% gas price hike for Gujarat
Assures Ministry's readiness for `discussion' on the issue More

Power supply curbs proposed on payment defaulting States
State electricity boards (SEBs) defaulting on payments could lose part of their entitled power allocation from Central generating units, according to a new proposal being mooted by the Central Electricity Regulatory Commission (CERC). The ... More

TAXATION
States reluctant to levy tax on new services
The Union Government's recommendation to the States to collect tax on 44 new services to make up for the loss due to reduction of central sales tax (CST) from four to three per cent have failed to cut ice with the States. "Those services are ... More

Tax revenue goes up 70% in 3 yrs in AP
The collections of Commercial Taxes Department of Andhra Pradesh have registered a compounded growth of 70 per cent in the last three years. The annual revenues have gone up to Rs 15,587.25 crore in 2006-07 as against Rs 9,167.74 crore in ... More

VAT panel may go abroad for studying tax systems
The VAT panel may undertake a study tour to some of the federal countries where goods and services tax (GST) has been implemented. "Since we are working on a roadmap for GST, the empowered committee may be travelling abroad to some of the ... More

COAL
CCL gearing up to double output
Plans capacity expansion; targets 78 mt by 2011-12 More

EDUCATION
Ambani IT institute wins Imagine Cup 2007 India leg
The India leg of the Imagine Cup 2007, the world's premier platform for student innovators, came to a glorious close as team Blue Leaf from the prestigious Dhirubhai Ambani Institute of Information and Communication Technology (DAIICT), ... More

Adobe expands school project to other States
Will help students plan alternative careers More

LIBA issuing application forms
Loyola Institute of Business Administration (LIBA) is issuing application forms for its three-year part time post-graduate diploma programme in business management, according to a press release. The programme offers ... More

TWO/THREE WHEELERS
Tough going for second-hand two-wheeler dealers
Karol Bagh steadily losing biz due to auto majors' sales promotion, easy finance More

REAL ESTATE & CONSTRUCTION
ITI mulls selling off surplus land
Proposal awaiting Central Government's clearance More

INDUSTRY ASSOCIATIONS
Business confidence in Q4 down, says FICCI survey
Firms expect to invest more in 6 months More

KNITWEAR & HOSIERY
Reach Tech offering products to help Tirupur apparel clusters
Training and `proof of concept' centre planned More

WTO
India keen on Doha success, PM tells Bush
The Prime Minister, Dr Manmohan Singh, has conveyed to the US President, Mr George W. Bush, that India is keen on a successful conclusion of the Doha Round of the World Trade Organisation's (WTO) multilateral trade negotiations. ... More

IPR
Infrared device for night drives wins patent
Poor traffic sense and deplorable driving habits combined with abysmal condition of roads go to make Kerala a motorist's nightmare. The threat perception gets further amplified during nights when drivers aim to `beam' each other into ... More

RURAL DEVELOPMENT
Karnataka ahead of AP in rural connectivity: Airtel
Airtel plans to reach 85 per cent of Karnataka's population, up from the 74 per cent this year. More

INTERVIEW
Old age homes are `eligible business' for tax holiday
With sixty paragraphs, the speech that the Finance Minister (FM) gave last week , in reply to the debate on the Finance Bill, was a mini Budget speech; his speech on February 28 had 187 paragraphs. "The FM has budged little on the initial ... More

EVENTS
National tech research body to be housed in Hyderabad
The proposed National Technical Research Organisation (NTRO) with the task of putting in place necessary systems for national security will be located in or around Hyderabad. The NTRO is expected to be a premier scientific organisation under ... More

EXPORTS & IMPORTS
Garment exporters worried over rising rupee
Hope for RBI intervention to keep exports competitive More

BEARINGS, CASTINGS & FORGINGS
`Coimbatore foundries groaning under cost escalation'
Expensive raw materials, appreciating rupee impact profits More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Garment exporters worried over rising rupee

Bharti Enterprises ties up with Global Retail

Rupee ends flat; touches intra-day high of 40.54

Ocean freight rates shoot up

Maruti drives in the SX4 sedan

Pepper exports surge 56% in 2006

Looking back
Apr. 29-May. 5
BITS plans management institute

Tax collections exceed Budget, revised estimates

Reliance LPG output cut may boost imports

Rising rupee may have small impact on ONGC

Oil India, IOC may adopt 2-model approach for buying assets abroad

`Lacklustre' export show by gem and jewellery sector

Bio-diesel demand to propel grain, oil prices higher

Inflation worries dominate debate on Finance Bill

$160-b export target too ambitious: Survey

Crude output up 5.6%, gas down by 2% last fiscal

India, European Union upbeat on free trade pact prospects

Discovery leads English channels in viewership

Tuna exports may top 300 tonnes this year

Maruti posts 17% rise in sales

Strong rupee may reduce imported radial prices by 5%

Institutes must refund admission fees to students

IOC losing Rs 80 cr daily on under-recoveries

Canada targets rich immigrants for investment

ACC picking up 12% stake in Shiva Cement

N. Indian teas to Pak: Exporters prefer rail route to sea

Irritants in the new income-tax forms

Plan panel favours viable strategy for farm growth

`Higher excise relief will help keep biscuit prices in check'

Prospects for herbal product exports brighten



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