The Hindu Business Line : Monday, September 03, 2007

COURTS/LEGAL ISSUES
TVS plans suit against Bajaj
TVS Motor Company proposes to file a suit against Bajaj Auto if the latter does not withdraw its allegations that TVS infringed on Bajaj’s proprietary know-how. “We have been advised to initiate action for libel against ... More

Transfer pricing in perspective
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FOREIGN TRADE
N-E woos Thai investors
Large delegation to attend Bangkok roadshow in Oct More

HEALTH
New India Assurance launching special policy for senior citizens
Mumbai, Sept. 2 New India Assurance will shortly launch a special health insurance product for senior citizens. The unique feature of the plan is that the ‘pre-existing disease clause’ for rejecting claims will be valid for ... More

INFRASTRUCTURE
Minister approves industrial region project in M.P.
New Delhi, Sept. 2 Union Minister of Commerce and Industry has accorded approval to the Pitampura-Dhar-Mhow industrial region in “Delhi Mumbai Industrial Corridor” Project. In a communication to the Chief Minister of Madhya ... More

Gitanjali Gems gets nod for SEZ
Gitanjali Gems has received approval from the Union Government for establishing two Special Economic Zones – one at Nagpur and another at Aurangabad. In a communication to the NSE, the company said that it has received ‘in-principle ... More

POWER
Reality check on nuclear option
To the strong pitch the Prime Minister, Dr Manmohan Singh, has been making for the nuclear deal, the Congress President, Ms Sonia Gandhi, has added her own formidable voice. Writing in the party organ, Sandesh, she has ... More

TEXTILES
Vaghela seeks European investment in textiles
German team visiting local clothing factories for tie-ups More

Hugo Boss looks at India for sourcing textiles
Bangalore, Sept. 2 German interest in the Indian textile industry seems to be picking up, with companies looking at India as a potential sourcing and manufacturing base.Hugo Boss is in early stages of discussions with a few Indian ... More

SSI
Exim Bank extends export marketing services to SMEs
Kolkata, Sept. 2 Exim Bank has chalked out a new capacity-building programme for the SME sector by extending ‘Export Marketing Services’ to establish their products overseas and also enter new markets through the bank’s ... More

REAL ESTATE & CONSTRUCTION
Demand for home loans slowing down
High interest rates, rising property prices restrain customers More

GOLD & SILVER
Signs still bullish in gold
Gold futures ended sharply higher on Friday on firmer stock markets and a strike at a gold mine, and as speeches by the US President, Mr George W. Bush, and the Federal Reserve calmed financial markets ahead of the Labor Day holiday long weekend. ... More

INDUSTRY ASSOCIATIONS
CII ‘paper’ seeks extension of milk powder export ban
Not our official position, clarifies Chamber More

SCIENCE & TECHNOLOGY
INSAT-4CR placed in orbit
GSLV-F04 rocket launch successful More

MINERALS
AP to contest ruling on mining lease
The Andhra Pradesh Government has decided to contest the High Court judgment that set aside the order granting mining lease to Obulapuram Mining Company.Reacting to the judgement, Ms P. Sabitha Indra Reddy, Minister for Mines and ... More

NMDC gets nod to challenge deposit allotment to pvt cos
Hyderabad, Sept. 2 With the Committee on Disputes (set up by the Union Cabinet) giving the in-principle nod on Thursday, National Mineral Development Corporation (NMDC) has begun preparations to move the Delhi High Court, challenging the ... More

CINEMA
FICCI calls for standardisation of cinema rules
New Delhi, Sept. 2 To give a fillip to the multiplex industry, the Federation of Indian Chambers of Commerce and Industry has called for standardisation and modernisation of cinema regulations under a Central Uniform Cinema Code to be ... More

RURAL DEVELOPMENT
Big savings for women under AP loan scheme
Hyderabad, Sept. 2 Women in Andhra Pradesh are saving Rs 33,000 every year for every Rs 1 lakh they take as loan, thanks to the pavala vaddi scheme introduced in the State three years ago.Earlier the women used to approach ... More

ENTREPRENEURSHIP
Entrepreneur wins 2 awards
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INCOME TAX
Issues involving interest certificate for EMI paid
I took a housing loan in 2003 for Rs 8.30 lakh from a public sector bank (PSB) and have been paying Rs 6,673 under EMI (equated monthly installments). Till last year, I was provided interest certificate by the bank ... More

EXPORTS & IMPORTS
Indian Potash asked to scout for DAP substitutes
Tight supply looms over Centre’s import plan More

Going the sugar way?
The domestic dairy industry has dismissed the claims made in the CII-circulated ‘paper’ to justify an extension of the ban on milk powder exports.During 2005-06, exports of skimmed and whole powder exports totaled 50,501 ... More

Export receipts up 132%: Assocham
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