Business Daily from THE HINDU group of publications Saturday, June 06, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INDUSTRY & ECONOMY ECONOMY: Net direct tax collection increases 16.88% in May Recovers from 3.19% decline in April. New Delhi, June 5 The Centre’s net direct tax collections grew 16.88 per cent in May at Rs 11,919 crore (Rs 10,198 crore). However, the net collections grew by modest 5.77 per cent in the first two ... COURTS/LEGAL ISSUES: SC dismisses Mumbai SEZ plea for staying land acquisition New Delhi\Mumbai, June 5 The Supreme Court on Friday dismissed the Mukesh Ambani-promoted Mumbai SEZ plea for staying the land acquisition process for its project in Raigad, ... TAXATION: Tax break for Toyota small car project Company to invest Rs 3,200 cr, create 2,000 jobs. Bangalore, June 5 The Karnataka Government, on Friday, extended tax concessions of up to Rs 80 crore for a three-year period to Toyota Kirloskar, which is expanding its manufacturing facility at ... ECONOMY: Plan panel reconstituted Montek retained as Deputy Chairman. New Delhi, June 5 In keeping with continuity in policy-making for making a decisive impact on its inclusive growth strategy, the UPA Government today reconstituted the Plan panel, retaining Mr Montek Singh ... PETROLEUM: BPCL open to Oman Oil hiking stake in Bina refinery Overseas partner wants 26% for $250 m. Mumbai, June 5 Bharat Petroleum Corporation is reportedly open to the idea of offering equity in the six-million-tonne Bina refinery to Oman Oil as long as it translates into a premium ... NATURAL CALAMITIES: Cyclone trips Bengal govt efforts to provide electricity Household solar power installations worth Rs 50 crore damaged. Kolkata, June 5 Government initiatives to provide electricity in West Bengal took a severe beating on May 25, when cyclone Aila devastated many parts of the State, particularly the ... FOODS & FOOD PROCESSING: Food processing units may be served tax holidays New Delhi, June 5 Fiscal benefits such as tax holidays are on the menu for the food processing sector, said Mr Subodh Kant Sahay, Union Minister for Food Processing Industries, at a press conference here on Friday. This was after the ... PETROLEUM: Jitin Prasad for re-look at kerosene distribution system ‘Need to ensure that the benefits reach the rightful people’. New Delhi, June 5 It is not often that you find a Minister sitting in the dark because there is no electricity in his house. But Mr Jitin Prasad’s attempt to find ... EDUCATION: Tata Steel, Jharkhand Govt tie up Tata Steel and the Government of Jharkhand on Friday signed a memorandum of understanding for setting up an industrial training centre at Tamar, Jharkhand, according to a Tata Steel press release. As per the MoU, the Jharkhand Government ... NATURAL CALAMITIES: Syndicate Bank’s relief measures The employees of Syndicate Bank’s regional office here have mobilised relief materials and cash for distribution among the cyclone-hit people in the 24 South and North Paraganas districts of West Bengal, according to a press release issued ... HOTELS: ITC plans more properties in its kitty this year Around 4-5 hotels in the mid-to-upscale segment. Bangalore, June 5 ITC plans to add more properties in the mid-to-upscale segment this year. The company would be adding four to five hotels in the next six to eight months under the Fortune brand, ... EMPLOYMENT: Govt to impart vocational training The Minister of Textiles, Sports and Youth Services, Karnataka, Mr Gulihatti D. Shekar, said the State is aiming to impart vocational training to 30,000 people to better their job prospects in the textile ... INFRASTRUCTURE: CII willing to work with Kerala Govt to prioritise infra projects CM urged to review utilisation of Central funds. The Kerala chapter of the Confederation of Indian Industry (CII) would like to work with the State Government to prioritise infrastructure projects in the ... EXPORTS & IMPORTS: Tirupur exporters place demands before Finance Commission Requests for export promotion fund, better infrastructure. Coimbatore, June 5 The Tirupur Exporters’ Association has sought the Government support for creation of a market development fund exclusively for the promotion of exports from this ... TOURISM: Singapore firm to draw master plan for Sikkim tourism The State Government has entered into an agreement with a Singapore-based consultancy firm for laying out a 10-year road map for developing the growing tourism sector into ... EVENTS: Green initiatives mark World Environment Day Pune, June 5 Tree plantation drives across hosted by a several corporates marked World Environment Day observed on ... WATER: Coke launches rainwater harvesting project at Aluva SOS Children’s Village Kochi, June 5 SOS Children’s Villages of India and Coca-Cola India announced the commencement of work on 2.4 crore litres of rainwater harvesting (RWH) project at SOS Children’s Village in Aluva near ... PETROLEUM: ONGC slaps penalty on Shiv-Vani Oil Delay in rig supply. Kolkata, June 5 ONGC plans to come down hard on Shiv-Vani Oil and Gas exploration Services Ltd for the inordinate delay in supplying onshore ... HEALTH: IFCR plans to enter healthcare sector IFCR India, a clinical research institute in the State, is all set to enter the healthcare sector with various projects. The institute will also launch an advanced MBA in healthcare services management in ... NATURAL CALAMITIES: Ravages of Aila ... ENVIRONMENT: Eco award ... EVENTS: Picture perfect ...
EVENTS:
World Environment Day Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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