The Hindu Business Line : Sunday, June 14, 2009

INDUSTRY & ECONOMY

REGULATORY BODIES & RULINGS: Delisting: Securities Act brought in line with SEBI norms
Mumbai, June 13 A company that has incurred losses during the preceding three consecutive years and has negative net worth may be delisted by stock exchanges, says a recent amendment to the Securities Contracts ...

CONSULTING: KPMG likely to determine airport user fee
New Delhi, June 13 Consultancy firm KPMG is likely to be commissioned by the Airports Authority of India (AAI) to study how much the state-owned airport operator should charge as user development fees at nine airports, including Chennai, ...

REAL ESTATE & CONSTRUCTION: Knocking at ‘affordable’ doors
Like any major global occurrence that reshapes the world order, the current recession has changed the way people do business. In real-estate, developers are finally shifting focus from the saturated upper-middle class segment to lower- ...

REAL ESTATE & CONSTRUCTION: Big demand for smaller space
The demand for office space is undergoing a change in the backdrop of the global economic slowdown — enquiries for large space has gone down but demand for small space is growing, according to Mr Madhusudan Thakur, Country General ...

REAL ESTATE & CONSTRUCTION: Jones Lang LaSalle bags Philips deal
International property consultant, Jones Lang LaSalle Meghraj, is to manage Philips’ real estate portfolio ...

FOREIGN TRADE: EU slams US on its remote gambling, betting laws
New Delhi, June 13 The transatlantic ties binding the world’s two trading majors, the US and the 27-member European Union (EU) have now come under renewed strains with the latter alleging that the US laws deny access and ...

CEMENT: Why the regional mix matters
If there is one key success factor that investors should watch out for while selecting cement stocks, it is the location of the player. The potential for demand growth in the market they operate in makes all the difference between growth ...

EVENTS: Satyam-Tech Mahindra leadership summit from June 19
3-day meet to chalk out joint strategies, initiatives and road map for restructure. Hyderabad, June 13 The top brass of Tech Mahindra and Satyam Computer Services are slated to meet here during June 19-21, in what is billed as the most crucial ...

PETROLEUM: Quippo investing Rs 1,400 cr to enhance onshore E&P, offshore oil services
Kolkata, June 13 Quippo Oil and Gas Infrastructure Ltd, promoted by infrastructure equipment financing company SREI, is investing approximately Rs 1,400 crore to expand its area of operation to onshore exploration and production and offshore ...

ECONOMY: World economy has limited impact here: AIMA survey
Bangalore, June 13 In a ‘Perception Survey’, commissioned by the All India Management Association, though 75 per cent Indian mid-level managers believe that the world economy has had a limited impact on the country’s ...

TAXATION: Integrate all State taxes with GST: Assocham
New Delhi, June 13 The proposed dual-GST (Goods and Services Tax) system should subsume State-level taxes on goods and services that are not currently covered by the Value Added Tax (VAT) regime, Mr Nihal Kothari, Chairman of ...

EVENTS: Weekly News Round up
Indian industry registered a year-on-year growth of 1.43 per cent in April. Although modest, it is better than ...

INVESTMENTS: TN draft on single window clearance for investment soon
Chennai, June 13 The Tamil Nadu Government will enact a legislation to implement single window clearance for investment proposals, according to the Deputy Chief Minister, Mr ...

TOURISM: KTDC plans more Tamarind hotels
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REAL ESTATE & CONSTRUCTION: Developers seek sops for affordable homes
Mumbai, June 13 Incentives for affordable housing, higher income tax exemptions for home loans and infrastructure status for the realty segment rank high on the wish list of real estate ...