INDUSTRY & ECONOMY
NON-CONVENTIONAL ENERGY
Electric scooters: Moving on to the fast track
Although at a nascent stage, the electric scooter segment is hotting up with the entry of scooter majors, new launches and smart marketing initiatives.
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DOUBLE TAXATION TREATIES
Indo-Mauritius DTAA: India seeks further negotiations
New Delhi, Feb. 15 India plans to go in for further negotiations with Mauritius for revising the double tax avoidance treaty (DTAA) between the two countries.Official sources said that the matter has not ended and that there will be ...
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CHEMICALS
West Bengal transfers land to PC Ray Chemicals
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ECONOMY
Government will look into concerns of industry: PM
‘Inflation control is on top of Govt’s agenda’
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EXCISE AND CUSTOMS
‘Keep veg oil customs duty unchanged’
Chennai, Feb. 15 The Central Organisation for Oil Industry and Trade (COOIT) has urged the Union Finance Ministry to keep the customs duty on import of vegetable oils unchanged in order to help increase oilseeds production in the ...
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INFRASTRUCTURE
Chakan industrial belt poised for expansion
Pune, Feb. 15 In a capacity expansion propelled by a wait-list of prospective clients, the State government is set to quadruple the land available in the Chakan-Talegaon industrial belt near Pune, anointed the country’s fastest growing ...
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PSU
‘All issues relating to oil bonds under Govt consideration’
The Petroleum Secretary, Mr M.S. Srinivasan, on Friday said he hoped that oil bonds issued to public sector oil marketing companies (OMCs) will enjoy the statutory liquidity ratio (SLR) status. “We have taken up the issue with the ...
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PETROLEUM
Bond prices crash on SLR status statement, recover
The bond market went into a tizzy today over a statement by the Petroleum Secretary that oil bonds may get SLR (statutory liquidity ratio) status. Bond prices fell by as much as 63 paise in day trade and ended 40 paise lower than the previous ...
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‘Petro prices: Corrective action must be taken soon’
New Delhi, Feb. 15 Just a day after the Government marginally raised the prices of auto fuels — petrol and diesel — the Petroleum Secretary, Mr M.S. Srinivasan, on Friday said that “the unwillingness or inability of the ...
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Diesel price hike unlikely to have major impact on rail tariff
New Delhi, Feb. 15 The marginal hike in diesel price is unlikely to have any significant impact on the rail transportation tariffs, though the road transportation tariffs could go up, particularly in the long run. The one rupee per ...
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AP sales tax cut on ATF: AI to save Rs 30 cr, SpiceJet Rs 12 cr
No decision yet on lowering fares
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POWER
Mega power projects may have lower capacity
Ministry considers fiscal sops to attract funds
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Kalpakkam reactor vessel to be ready by 2010
The 500-MW electrical power capacity Prototype Fast Breeder Reactor (PFBR) at the Indira Gandhi Centre for Atomic Research (IGCAR) in Kalpakkam will be readied by 2010 and the project is being executed well on schedule, said the Director, ...
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NTPC, Bihar SEB sign pact
NTPC Ltd and Bihar State Electricity Board (BSEB) have signed an agreement to promote a joint venture company to establish, operate and maintain a 1,980-MW (3x660MW) coal-based power station at Nabinagar in Bihar. NTPC and BSEB would have equal ...
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MANAGEMENT
‘Development goals need impetus from inclusive corporate strategy’
Annual management convention gets under way
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EDUCATION
Six-month certificate course in organic farming launched
Government plans Rs 366-cr outlay to boost production
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UGC to offer special PG fellowships
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INDUSTRY ASSOCIATIONS
‘Estimate cotton crop accurately’
Indian Spinning Millowners Association (ISMA) has asked the Centre to facilitate correct estimation of the domestic cotton production so as to fix the surplus available for exports.The association has also suggested for assessing the ...
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READYMADE GARMENTS
‘Vizag is emerging major centre for apparel export’
JNTU to recognise some courses, issue joint certificates
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RURAL DEVELOPMENT
Bank adopts village to rid it of moneylenders
Kochi, Feb. 15 The South Indian Bank has adopted Meloor village in Thrissur district of Kerala as a moneylender-free village on a pilot basis. The project was inaugurated by Mr S. Ramaswamy, Regional Director of the Reserve Bank of India and ...
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HUMAN RESOURCES
Maytas Infra, BITS tie up to offer courses
Hyderabad, Feb. 15. Maytas Infra Ltd has joined hands with BITS-Pilani, to offer an off-campus work-integrated learning programmes to its employees. The initiative called M BITS, is a first of its kind programme with industry ...
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EVENTS
Ready for shoot
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Kerala Travel Mart in Sept
Thiruvananthapuram, Feb. 15 The fifth Kerala Travel Mart (KTM) will be held in Kochi from September 20 to 23 this year. Addressing a press conference in the city on Friday, the State Tourism Minister, Mr Kodiyeri Balakrishnan, said that ...
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EXPORTS & IMPORTS
`End rice export imbroglio'
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`End rice export imbroglio'
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