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Tuesday, April 21, 2009
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INDUSTRY & ECONOMY

TAXATION: Interest payments: Tax norm tightened for large cos
To ensure timely payments to small enterprises. New Delhi, April 20 Large companies may, henceforth, not find it easy to escape the taxman’s net with regard to the interest paid or payable to the micro, small and medium enterprises ...

PETROLEUM: Diesel imports likely to come down
New Delhi, April 20 With the change in status of Reliance Industries Ltd (RIL) refinery, diesel imports are expected to come down because availability in the domestic market will ...

SCIENCE & TECHNOLOGY: Surveillance satellite put in orbit
Sriharikota, April 20 Dr G. Madhavan Nair, Chairman, Indian Space Research Organisation (ISRO), took great pains to explain to the media that had assembled at Sriharikota space port, that the Risat-2 satellite launched on Monday was not meant ...

REAL ESTATE & CONSTRUCTION: Stimulus package for construction industry sought
Coimbatore, April 20 Members belonging to the Coimbatore Centre of the Builders’ Association of India (BAI) on Monday said there was need for a stimulus package for the ...

ENVIRONMENT: ‘Negative solid waste’ tag for ITC due to paperboard recycling biz
Co plans to increase production of recycled paper. Kolkata, April 20 With a production capacity of over 160,000 tonnes of recycled paperboards a year, the mills of ITC Ltd at Kovai and Bhadrachalam have helped the company attain the distinction ...

EDUCATION: Reliance Dhirubhai scholarships
...

HOTELS: WelcomHeritage adds Sandur palace
Keen to make its presence felt in the South, WelcomHeritage, a joint venture between ITC and the Marudhar Hotels of Jodhpur, added Sandur in Karnataka to its chain ...

EDUCATION: Manipal varsity’s new courses
Manipal University will add several new courses in the academic session ...

WATER: Damned?
...

PETROLEUM: Gas turbine biz to help GE Energy counter downturn
New Delhi, April 20 GE Energy hopes to close in on its $1 billion revenue target for India by 2010 despite the economic ...

FOREIGN DIRECT INVESTMENT: Web site for world investors meet launched
Kochi, April 20 The Web site of ‘Focus Kerala – the world investors meet’ organised by the Kerala Chamber of Commerce and Industry was inaugurated by the Minister of Industries, Mr ...

PETROLEUM: NTPC case: Court to decide on Reliance ‘written statement’
Mumbai, April 20 On Wednesday, the Bombay High Court will decide whether to allow Reliance Industries Ltd to amend the ‘written statement’ it has filed in the ongoing suit ...

URBAN DEVELOPMENT: Kolkata Corpn plans phase 2 of drainage scheme
Kolkata, April 20 The Kolkata Municipal Corporation (KMC) has drawn up plans for the second phase of a sewerage and drainage improvement programme under the Kolkata Environment Improvement Project at an estimated investment of Rs 2,500 ...

ECONOMY: Industry downturn began in 2007-08
Corporate financials confirm the view that the slowdown began in 2007-08. This is borne out by the deceleration in the growth of sales and profits of Indian manufacturing companies in that year. A spurt in interest disbursements and raw ...

EDUCATION: Major K. V. Rajan, Executive Director, Veta;Chadalawada Ramanamma Engineering College, Tirupathi
Chennai, April 20 See only the doors, not the walls in front of you. Addressing MBA students of the Chadalawada Ramanamma Engineering College, Tirupati, Major K.V. Rajan, Executive Director, Veta, said the job market appears to be bleak but ...

Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




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Markets (April 20)
Nifty (at close)3377.10(-7.30)
US Dollar (Buy/Sell)50.14/15
Brent crude (a bbl) Rs2,601
Gold (a gram) Rs1,311
Silver (a kg) Rs20,745


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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
‘Seek legal view before allocating more spectrum to existing GSM players’

Interest payments: Tax norm tightened for large cos

Diesel imports likely to come down

After ten bouts, two veterans hang up the glove

Surveillance satellite put in orbit

Axis Bank Q4 net up 61% on growth in income

Winning Tamil votes with Eelam

‘We want to grow to number one position’

Looking back
Apr. 12-Apr. 18
Prospects bleak for recovery in coal prices

Paper industry fears dampening prices on higher capacity

GSPC may have to return Barmer-Sanchor CBM block

Railways may save Rs 69 cr on diesel discount in 2009

Montek hopeful of 6-7% growth rate this fiscal

Tyre makers seek Govt help to check rubber prices

‘Dilute navratna stake to check fiscal deficit’

TTD Hundi holds its own

Vegetable oil imports in March up 28%

Thermal stations continue to battle coal shortages

Income-tax payer base doubles in a decade, helps in higher revenue mop-up

Coffee exports decline on low demand

Govt mulls banning sugar exports

Realty stocks gain ground

Life



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