Sunday, February 3, 2008
Industry & Economy
FICCI for removal of trade barriers with EU

New Delhi, Feb. 3 As the roadmap to the India-EU free trade agreement (FTA) is being outlined, industry estimates the potential trade between the two partners to touch $572 billion by 2015. “This engagement includes both trade in ...

Fortune hotel launched in Mumbai

ITC Ltd’s subsidiary, Fortune Park Hotels Ltd launched its 22nd property called Fortune Select Exotica at Navi Mumbai. Situated on Palm Beach Road, it would have 85 rooms for business travellers. This is Fortune’s first property in ...

Panel to discuss removal of tax sops for SEZs

Finance Ministry says reliefs lead to revenue loss

Hinduja Group plans healthcare sector foray in Bengal

Kolkata, Feb. 3 The Hinduja Group is looking to foray into the healthcare sector in West Bengal by setting up a ‘medicity’ in and around Kolkata, the State Industry and Commerce Minister, Mr Nirupam Sen, told presspersons here on ...

Villagers oppose land acquisition for Mangalore SEZ project

Some villagers, who will be losing their land to the proposed Mangalore Special Economic Zone, have opposed the move to acquire land for the project. Participating in a public discussion — convened by the Technical Committee of ...

Centre asks Maharashtra to check illegal use of LPG

Mumbai, Feb 3 The Union Petroleum and Natural Gas Minister, Mr Murli Deora has urged upon the Maharashtra Government to intensify the inspections of commercial establishments for illegal use of subsidized domestic LPG cylinders. ...

Reliance Power IPO refunds: Liquidity gets a boost

Chennai, Feb. 3 The stock markets could get an investor liquidity booster dose this week. About Rs 1 lakh crore may come back from investors who will be getting their money back after failing to secure allotments in the Reliance Power IPO. ...

Jain Energy to set up power plant at Balpur

Kolkata, Feb. 3Kolkata-based Jain Energy has entered into a memorandum of understanding (MoU) with the Chattisgarh Government for setting up a 1,000 MW coal-based thermal power plant at Balpur of Janjgir-Champa district. The plant will be ...

‘India may face isolation if N-deal not through’

Kolkata, Feb. 3 India may find itself isolated in the global community and may even have to face sanctions if the country does not go ahead with the civilian nuclear deal with the US, according to the External Affairs Minister, Mr Pranab ...

KCCI files caveat before Appellate Tribunal

The Kanara Chamber of Commerce and Industry (KCCI) has filed a caveat petition before the Appellate Tribunal of Electricity at New Delhi against the “intended moves” of the electricity supply companies (escoms) in the State to ...

Tyre industry seeks changes in inverted duty structure

New Delhi, Feb. 3 Higher raw material prices compared to the cost of importing finished products have compelled the Indian tyre industry to seek a correction in the inverted duty structure and a waiver on certain raw materials not manufactured ...

BrahMos-2 will see design, development of hypersonic missiles: CEO

India, Russia teams working on designing different versions

Govt to conduct social audit for Indiramma housing scheme

The State Government will conduct social audit and third party verification of all completed houses under Indiramma Housing Scheme to promote transparency.A decision to this effect was taken by the Chief Minister, Dr Y.S. Rajasekhara ...

I-T Dept will become more taxpayer-friendly: Chidambaram

Large taxpayer facility inaugurated in Chennai

ITC-Welcom hotels plans foray into medical tourism

First project to come up in Thane near Mumbai

Tourism conclave on Dakshina Kannada

The tourism potential of Dakshina Kannada district will be discussed at the one-day ‘Tourism Conclave’ on February 5, according to Mr K. Narasimha Prabhu, President of Kanara Chamber of Commerce and Industry (KCCI).To be ...
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