Fears of investigation -- Banks become wary of insurance tie-ups
FEARS over the likelihood of the central investigative agencies peeping into the functioning of the insurance sector are understood to be forcing the reworking of several joint ventures planned in this sector, involving public sector banks.

`Panel soon to revamp I-T Act'
THE Minister of State for Finance, Mr. V. Dhananjay Kumar, has said that his Ministry was in the process of setting up a committee for the restructuring of the Income-Tax Act.

Passengers of delayed flights, cheer up
IN an effort to ensure that neither passengers nor the airport staff who have to put in additional hours of work to accommodate scheduled delayed flights are inconvenienced, the Minister for Civil Aviation, Mr. Sharad Yadav, has written to the aviation authorities to ensure that not only are watch hours at such airports extended but that the current charges for delayed flights are also implemented.

Krishna to unveil vision document for Karnataka
A 10-YEAR vision document for Karnataka is to be unveiled by the Chief Minister, Mr. S.M. Krishna, here on Monday to coincide with the Global Investors Meet.

Five bids to lease aircraft to AI
AT least five international leasing companies have put in bids with Air India (AI) to offer aircraft on lease, airline sources have said.

Meet to discuss surplus diesel
THE Ministry of Petroleum and Natural Gas will hold a meeting on Monday to address the issue of surplus diesel resulting from a glut in the market, according to senior officials.

Escorts lines up models for South
TRACTORS major, Escorts Ltd, is launching three of its Powertrac brands with straight axles as derivatives for specialised wetland (rice) cultivation in the southern States of Tamil Nadu, Karnataka and Andhra Pradesh.

Excise assessment: Special provision for PSUs likely
THE Finance Ministry is likely to come up with special provisions for excise assessment of goods sold by public sector units (PSUs), while moving to the `transaction value-based excise assessment' regime from July 1.

Nimesulide: Prices crash
NIMESULIDE is a pain killer that is categorised as a non-steroidal anti-inflammatory drug (NSAID) in medical terminology.

Page One | Index | Home

Investment World

News Update

Brand Quest

Canvas


Praxis

Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line.