INDUSTRY & ECONOMY
BUDGET
Withdraw dividend distribution tax
The Finance Minister should consider abolishing 10 per cent surcharge on corporate tax and withdrawing the stiff 16.995 per cent dividend distribution tax, which is in addition to the corporate tax of 33.99 per cent. We hope that the ...
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Infrastructure: Build-up of expectations
Bharat Nirman, the Government’s four-year business plan (2005-2009) to improve rural infrastructure, has been the cornerstone for budget allocations to the infrastructure sector over the past few years. It follows that Bharat Nirman has ...
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Roadmap for auto SEZs
The launch of Tata Motors’ Rs 1 lakh carhas demonstrated to the world the capabilities of Indian engineers and the excellent combination of frugal engineering with world-class R&D. With Indian players looking to adopt target ...
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Housing growth
A shaky world economy, changing characterisation of growth in real estate (from “explosive” to “steady”), increasing focus on quality and segregation of risk classes for the same asset points to a maturing phase in the ...
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ECONOMY
What it takes to be an entrepreneur
In a resource constrained society, entrepreneurs find, multiply and leverage resources and create wealth, says C.K. Prahalad.
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Yields firm on tight liquidity, mounting inflation worries
Outlook appears positive; major policy interventions unlikely
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EXCISE AND CUSTOMS
Indirect taxes may exceed budget targets: Chidambaram
Excise collections growth matter of concern: CBEC chief
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INFRASTRUCTURE
NGO seeks probe into delay in Pampa Action Plan
Pollution in the river blamed for outbreak of epidemics
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POWER
IEX to get Nord Pool’s expertise for going live
New Delhi, Feb. 24 Indian Energy Exchange (IEX) — the country’s first power bourse — has roped in leading global electricity exchange Nord Pool ASA for operational expertise to ensure that the kick-starting the exchange goes ...
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TAXATION
Plea to exempt CHA from service tax on exim trade
Kochi, Feb. 24 The Cochin Custom House Agents Association (CHA) has urged the visiting Parliamentary Sub Committee on Commerce to exempt it and other agencies such as steamer agents, terminal operators etc from the purview of service tax for ...
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SSI
Small industry welcomes Govt decision on capital subsidy
Chennai, Feb. 24 The small-scale industry has welcomed the government’s decision to continue the ‘Credit Linked Capital Subsidy Scheme for Micro and Small Enterprises’ over the 12th Plan period. The scheme had ended on March ...
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Industry cheers TN’s policy for small enterprises
Madurai, Feb. 24 Trade and Industry here have welcomed the Tamil Nadu Government’s policy for micro, small and medium enterprises in the State.The Tamilnadu Chamber of Commerce and Industry, in a statement has said that the policy ...
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CII welcomes State’s policy for small units
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EDUCATION
ISB launches fifth centre of excellence
Though millions of Indians have made a name for themselves as hardworking, committed and skilled workers in the West, they are not known for their leadership qualities. However, the rapid rise of people such as Indra Nooyi, Rajat ...
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MEDICAL INSTITUTIONS & HOSPITALS
For healthy clicks
Healthcare providers are boosting use of technology, both to improve patient care and efficiency.
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REAL ESTATE & CONSTRUCTION
Demand for elevators, escalators goes up 25%
Mumbai, Feb 24 Riding high on the realty boom, the elevator and escalator industry has seen a near 25 per cent growth over the last three to four years. For the current year, industry representatives see the numbers touch 35,000 units with a ...
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Singapore real estate firm eyes heritage buildings
Kolkata, Feb. 24 Singapore-based Real Estate Developer, Far East is looking at acquiring heritage buildings across major metropolitan cities and turning them into ‘top-end’ five-star hotels and service centres, the Chief Operating ...
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MINING & QUARRYING
Sand plunder
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MINERALS
Iron ore is a hot subject today. The demand for it, by consumers within as well as outside the country, is steadily on the rise. The steel plants, we all know, have been vocal for quite some time against large-scale exports of iron ore. Of late ...
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EVENTS
‘Communication skills vital to be a team leader’
Chennai, Feb. 24 With knowledge, you can meet the expectations of a particular job profile, but ultimately, it is the soft skills that will help you exceed those expectations and grow within an organisation. Success is directly related to the ...
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ECONOMIC OFFENCES
Economic offences wing asks for a fast track court
Only one court in Chennai handles TNPID cases
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BOOKS
Governor to release book on faith-based development bodies
Mangalore, Feb. 24 A book on works of the faith-based development organisations in microfinance sector – Development, Divinity and Dharma, written by Prof Malcolm Harper – with a special reference to the Dakshina ...
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