http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2009 The Hindu Business Line Mon, 06 Jul 2009 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 Taxation http://www.thehindubusinessline.com/2009/07/06/stories/2009070651770100.htm The dominant context of the forthcoming 2009-10 Budget is the overwhelming need not to choke off the nascent economic revival now seemingly underway. This could mean virtually no new taxes, and perhaps even a lowering of some of the rates. Mon, 06 Jul 2009 PSU http://www.thehindubusinessline.com/2009/07/06/stories/2009070651910100.htm New Delhi/Mumbai, July 5 The auto fuel price hike was music to the ears of the three public sector oil marketing companies (OMCs) though they still believe that it is only the “tip of the iceberg” and that the Union Budget will make Mon, 06 Jul 2009 Taxation http://www.thehindubusinessline.com/2009/07/06/stories/2009070650350800.htm For all the gloss that is being put on a composite goods and services tax as being a single tax with two components, it is clear that the official thinking is in favour of some kind of dual assessment, one at the Central and the other at the State Mon, 06 Jul 2009 Petroleum http://www.thehindubusinessline.com/2009/07/06/stories/2009070650961500.htm Bangalore, July 5 The Centre’s pre-budget hike in petroleum product prices is expected to benefit the States’ revenue-raising efforts, so far hit by falling tax Mon, 06 Jul 2009 Economy http://www.thehindubusinessline.com/2009/07/06/stories/2009070650571300.htm The State Government is aware of ‘positive signs’ on the industrial front and is intent on matching this up with creation of basic infrastructure required by the IT/ITeS sector. Mon, 06 Jul 2009 Human Resources http://www.thehindubusinessline.com/2009/07/06/stories/2009070650400900.htm Though commonalities and differences abound between India and the US, the world’s two largest democracies, one thing about them that is strikingly similar is their cost-cutting strategies. In these times of recession, any form of cost-cutting Mon, 06 Jul 2009 Non-conventional Energy http://www.thehindubusinessline.com/2009/07/06/stories/2009070651121300.htm Chennai, July 5 The Italian company, Leitner, a well known name for ropeways and cable cars in Europe, intends to make Chennai its manufacturing hub for its fairly new business— wind turbines. Mon, 06 Jul 2009 PSU http://www.thehindubusinessline.com/2009/07/06/stories/2009070651590300.htm Hyderabad, July 5 The Indian Amy has completed user trials of Nag, which is a modern, all-weather, anti-tank guided missile that can defeat the toughest Mon, 06 Jul 2009 Hotels http://www.thehindubusinessline.com/2009/07/06/stories/2009070651680300.htm The move to sell food and drinks could prove to be a money-spinner for the low cost airlines but the catering firms are looking glum as full service airlines turn into low or semi-low cost carriers. Mon, 06 Jul 2009 Human Resources http://www.thehindubusinessline.com/2009/07/06/stories/2009070651600300.htm New Delhi, July 5 The Government expects the process of setting up 1,500 Industrial Training Institutes (ITIs) and 5,000 skill development centres to kick-start in the next eight months. A Cabinet note for this will be sent by the Labour Ministry Mon, 06 Jul 2009 Power http://www.thehindubusinessline.com/2009/07/06/stories/2009070651111300.htm Thiruvananthapuram, July 5 The Kerala State Electricity Board (KSEB) has no immediate plans to impose restrictions on power supply despite deficient monsoon rains. The board is, however, worried of two things; the monsoon has so far been Mon, 06 Jul 2009 Tourism http://www.thehindubusinessline.com/2009/07/06/stories/2009070650601300.htm Hyderabad, July 5 The Governments of Andhra Pradesh and Orissa are contemplating a sea cruise project to start services connecting Visakhapatnam with Mon, 06 Jul 2009 Power http://www.thehindubusinessline.com/2009/07/06/stories/2009070650641300.htm Chennai, July 5 Aided by a ‘windfall’, electricity generation in Tamil Nadu improved about 15 per cent in June over the previous month, but the state continues to suffer from scheduled and unscheduled power cuts. Mon, 06 Jul 2009 Tourism http://www.thehindubusinessline.com/2009/07/06/stories/2009070650501300.htm Mon, 06 Jul 2009 Human Resources http://www.thehindubusinessline.com/2009/07/06/stories/2009070650491300.htm Hyderabad, July 5 Industry and academia should partner to provide skill upgrade programmes for unemployed graduates, said Mr B.V.R. Mohan Reddy, Chairman and Managing Director, Infotech Enterprises Mon, 06 Jul 2009 Industry Associations http://www.thehindubusinessline.com/2009/07/06/stories/2009070651141300.htm Coimbatore, July 5 The Railway Budget has drawn a mixed reaction from the Southern India Engineering Manufacturers’ Association (SIEMA), Coimbatore, which, while welcoming various passenger-friendly announcements, is disappointed that some Mon, 06 Jul 2009 Industry Associations http://www.thehindubusinessline.com/2009/07/06/stories/2009070650941500.htm Mangalore, July 5 The Kanara Chamber of Commerce and Industry (KCCI) has appealed to the Union Finance Minister, Mr Pranab Mukherjee, to improve infrastructure facilities in Dakshina Kannada. Mon, 06 Jul 2009 Disinvestment http://www.thehindubusinessline.com/2009/07/06/stories/2009070651650300.htm New Delhi, July 5 The Centre expects to realise at least Rs 1,854 crore from the planned ‘offer for sale’ in National Hydroelectric Power Corporation (NHPC) Ltd and Oil India Ltd during fiscal 2009-10. Mon, 06 Jul 2009 Infrastructure http://www.thehindubusinessline.com/2009/07/06/stories/2009070651640300.htm New Delhi, July 5 Infrastructure financing company India Infrastructure Finance Company Ltd’s (IIFCL) loan disbursements to infrastructure sector have more than doubled in fiscal 2008-09 to Rs 3,197 crore. It was about Rs 1,541 crore in Mon, 06 Jul 2009 Small Savings http://www.thehindubusinessline.com/2009/07/06/stories/2009070651660300.htm New Delhi, July 5 The public provident fund (PPF) scheme seems to have lost its sheen among investors going by the collection trend in the last three fiscal years. Mon, 06 Jul 2009 Petroleum http://www.thehindubusinessline.com/2009/07/06/stories/2009070651350900.htm New Delhi, July 5 The July 1 decision of the UPA Government to increase the price of diesel by Rs 4 a litre and diesel by Rs 2 litre has predictably provoked the political reaction with Opposition parties staging a customary walkout on the Mon, 06 Jul 2009 Budget http://www.thehindubusinessline.com/2009/07/06/stories/2009070651031000.htm The general insurance industry is hoping to see an increase in the limit of premium eligible for service tax exemption, a lower tax on capital gains and bringing on par with life insurers the method of computing income tax. These are the demands put Mon, 06 Jul 2009 Education http://www.thehindubusinessline.com/2009/07/06/stories/2009070650601302.htm Mon, 06 Jul 2009 Education http://www.thehindubusinessline.com/2009/07/06/stories/2009070650601301.htm Mon, 06 Jul 2009