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Thursday, July 09, 2009
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STATES

KARNATAKA: Central assistance to State Plans up Rs 7,000 cr
Slash in Central support to hit health, renewable energy programmes. Bangalore, July 8 The Budget allocations towards agriculture and social sector programmes implemented in States are such as to benefit irrigation, urban infrastructure and ...

TAMIL NADU: TN to amend VAT Act to redress exporters’ concern
Input tax credit claim within 180 days of date of sale. Chennai, July 8 The Tamil Nadu Government plans to amend the VAT (Value Added Tax) Act to enable clarity for exporters claiming input ...

KARNATAKA: BIA private promoters to meet today
Unique Zurich CEO calls on CM. Bangalore, July 8 Mr Thomas Kern, CEO of the parent company that manages the Bengaluru International Airport - Unique Zurich Airport – met the Chief Minister on Wednesday but the company and government ...

MAHARASHTRA: Storm water drainage project cost likely to go up 10%
Mumbai, July 8 The Brihan Mumbai Storm Water Drainage Project, which was allocated an additional Rs 300 crore from the Budget, could now see a ten per cent increase in cost from the originally estimated Rs 1,200 ...

OTHER STATES: Tax treatment for LLP on lines of partnership firms
Amendments to be made effective from April 1, 2010. New Delhi, July 8 A limited liability partnership (LLP) will be taxed on the same lines as partnership firms — this would mean taxation of profit in the hands of the entity; the partners ...

TAMIL NADU: Delay-hit desalination project wants to buy sea water from CPCL
Chennai, July 8 Hit by delays in executing its desalination project, Chennai Water Desalination Ltd (CWDL) has requested Chennai Petroleum Corporation Ltd to supply sea water to it, it is ...

MAHARASHTRA: Corporates hail removal of FBT
Abolition of Fringe Benefit Tax (FBT) has been welcomed by most in corporate India, which was widely perceived as more of an irritant for ...

TAMIL NADU: Mixed reaction to Budget
The Tamil Nadu Foodgrains Merchants Association (TFMA) has welcomed many of the announcements in the Union Budget. In a statement, Mr P. Subashchandrabose, said the abolition of fringe benefit tax, commodity transaction tax, increase in ...

KARNATAKA: Karnataka Bank enters Bihar
Karnataka Bank Ltd has made its entry into Bihar with the opening of a branch at Patna. A bank release said here that with the opening of 448th branch of the bank in Patna, the bank now has presence in 20 States. Inaugurating the branch, ...

KARNATAKA: Corp Bank opens 2 branches
Corporation Bank has opened two new branches at Kanakapura in Ramangar district and Rajanukunte in Bangalore rural district of Karnataka. A bank release said here that the new branches are under core banking solution. The bank has more than ...

KARNATAKA: Direct purchase nod for Metro, Reliance, 2 others
Bangalore, July 8 Karnataka has opened the doors of the agricultural marketing sector to private players by allowing four companies, including one multinational company, to directly purchase agro-products from ...

MAHARASHTRA: NRI scientists to help draft plan for sustainable development
Pune, July 8 Eminent scientists in India have announced plans to hold the first ever Global Indian Scientists and Technocrats (GIST) convention to help chalk out a plan where technology can be the basis for sustainable, inclusive ...

OTHER STATES: Sikkim embarks on ‘green drive’
Gangtok, July 8 Reinforcing its projection as a Green State, the Sikkim Government is set to add another chapter in its environmental security measures by launching a unique initiative called ‘Ten minutes to Greenery’ in Sikkim ...

TAMIL NADU: SEZ units push up software exports from TN 29%
Govt keen to develop Tier II cities. Chennai, July 8 A steep increase in exports by information technology and IT-enabled Services (ITeS) units located at Special Economic Zones (SEZs) enabled Tamil Nadu to register a 29 per cent growth in ...

TAMIL NADU: Non-farm co-op bank loan defaulters get interest relief
Concessions to cost TN govt Rs 251 cr. Chennai, July 8 The State Government has announced a special scheme providing for interest concessions for those who have defaulted on non-farm loans from ...

OTHER STATES: ‘Nothing in the Budget for Goa to cheer about’
Panaji, July 8 Mr Cesar Menezes, President of Goa Chamber of Commerce and Industry (GCCI), on Monday, complimented the Union Finance Minister, Mr Pranab Mukherjee, for coming out with a Budget that will stimulate ...

KERALA: ‘Domestic focus helped offset slowdown effect’
Login.Kerala initiative launched. A concerted effort to market Kerala to domestic tourists has helped the State’s tourism industry cope with the effects of the global economic slowdown, said the State Home and Tourism Minister, Mr Kodiyeri ...

KARNATAKA: Southern States plan forum to boost regional tourism
Bangalore, July 8 The southern States are exploring ways to boost tourism potential in the region by creating a platform and common programmes to promote ...

KERALA: Kerala raises daily minimum wage to Rs 160
The Kerala Government has raised the minimum wages from Rs. 125 to Rs 160 a day. The Minister for Labour, Mr P.K. Gurudasan, said in reply to questions in the State Assembly on Wednesday that a decision had already been taken in this regard ...

KARNATAKA: Power cut woes
...

KERALA: Monsoon patterns
...

OTHER STATES: Going green
...

MAHARASHTRA: Water woes
...

KERALA: HC vacates stay over e-auction of tea at Kochi
Kochi, July 8 The Kerala High Court has vacated the stay on e-auction of tea at Kochi Centre and expressed the hope that the Tea Board would see that the auction was conducted in a manner beneficial to all ...

TAMIL NADU: Pharma institute to come up near Madurai
Madurai, July 8 Under the direction of the Union Minister for Chemicals and Fertilisers, Mr M.K. Azhagiri, a team of experts from the Department of Pharmaceuticals, under the Ministry of Chemicals and Fertilisers, inspected two sites ...

KERALA: Federal Bank targets Rs 1-lakh-cr biz by 2011
Kochi, July 8 The Aluva-based Federal Bank, in its recently concluded two-day business conference, has discussed strategies to be adopted towards achieving Rs 1-lakh-crore business by ...

KARNATAKA: Protest against train extension to Kannur planned
Mangalore, July 8 Concerned over the proposal in the Railway Budget to extend the Bangalore-Mangalore passenger train from Mangalore to Kannur in Kerala district, the citizens of Dakshina Kannada, under the banner of Mangalore-Bangalore ...

KERALA: Pepper futures remain bearish
Kochi, July 8 The pepper futures market continued its downward swing on Wednesday on bearish operations and closed marginally below Tuesday’s ...

OTHER STATES: CII’s standards portal to simplify Indo-US trade
New Delhi, July 8 The Confederation of Indian Industry (CII) on Tuesday launched the ‘Standards Portal’ offering information on standards in 10 key sectors, including automotive, electronics, gem and jewellery and ...

MAHARASHTRA: Australian delegation rules out racism in student attacks
Mumbai, July 8 “Australia is not a racist country. These are instances of opportunist crime,” is the message coming from a high-level Australian delegation now in India to dwell on measures taken to protect Indian ...

OTHER STATES: Sustainable development needs to be inclusive: Selja
New Delhi, July 8 Delivering the inaugural address at the launch of the Habitat Business Forum on Tuesday, the Minister of Housing and Urban Poverty Alleviation, Ms Kumari Selja, said that the current model of urbanisation provides less space ...

WEST BENGAL: Ruia sees higher income from fabrication orders
Mr P.K. Ruia, Chairman of Ruia group, who turned around Jessop & Co, is expecting a big jump in income from structural and fabrication orders on turnkey basis. Supplies to the Railways wagon and coaches, however, will continue to be ...

KERALA: Seminar on e-governance
Thiruvananthapuram: Public sector undertakings in the State should finalise their IT strategies and implementation plans at the earliest, said the State Industry Minister, Mr Elamaram Kareem. Speaking at a seminar ...

KERALA: NeST plans centre of excellence
The Technopark-based NeST Software has entered into an agreement with NVIDIA Corporation of the US, a world leader in visual computing initiatives, for providing the latter’s CUDA professional services and GPU multi-core services to ...

MAHARASHTRA: ‘Nuclear power generation will touch 6,700 MW by 2011’
Pune, July 8 Nuclear power generation in the country will touch 6,700 MW by early-2011 with increase in installed capacity as well as an improvement in the nuclear fuel situation, Dr Anil Kakodkar, Chairman, Atomic Energy Commission of ...

WEST BENGAL: ICC plans investment meets in Singapore, Indonesia
Indian Chamber of Commerce (ICC)plans to organise investment summits in Singapore and Indonesia this year to attract investments from South-East Asian countries as also to create awareness among Indian investors about investment opportunities ...

ANDHRA PRADESH: High fiscal deficit not good for markets: Experts
A fiscal deficit of 6.8 per cent of the Gross Domestic Product (GDP) and disappointment of industry with budgetary proposals resulted in the market crash on the day of budget announcements, said Prof Mubeen Rafat, Area Chairperson, Money, ...

TAMIL NADU: Coimbatore cos sweep INTEC awards
...

KERALA: Multimedia training academy
...

KERALA: Loop Telecom in Kerala
...

OTHER STATES: Jharkhand Budget presented in LS
The Jharkhand Budget for 2009-10, which has left a revenue surplus of Rs 2,293.37 crore and a fiscal deficit of Rs 2,459.30 crore, was presented in the Lok Sabha today. It was presented by the Minister of State for Finance, Mr Namo Narain Meena. ...

MAHARASHTRA: Food safety workshop on July 13
...

KERALA: Radio Mango bags bronze at NYF
...

OTHER STATES: NHAI plans to invite bids for 38 projects
...

OTHER STATES: Sikkim to have climate cell
...






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Markets (July 08)
Nifty (at close)4,078.90 (-123.25)
US Dollar (Buy/Sell)48.88/89
Brent crude (a bbl) Rs3,000
Gold (a gram) Rs1,362
Silver (a kg) Rs22,665


Related Topics
Andhra Pradesh
Karnataka
Kerala
Maharashtra
Other States
Tamil Nadu


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