COMPANIES & SECTORS


Moneylife Digital Team 25 February 2011
A uniform, simplified taxation system will benefit TV and newspaper businesses that have been growing fast through the launch of regional channels and editions When Union finance minister Pranab Mukherjee presents the Budget on Monday, media companies will be hoping that he will give them a...

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Sharad Matade 25 February 2011
ICVL, the joint venture between five State-owned companies, is also participating in the bidding process for acquisition of equity in some underdeveloped coal assets abroad International Coal Venture Ltd (ICVL) is reviewing several proposals for acquiring coal assets in Australia with a view...

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Sharad Matade 25 February 2011
Illegal mining of minerals has been impacting various industries as well as the country’s economy, and the amendment will strengthen the monitoring mechanism for end-to-end accounting of minerals produced, traded or exported, and consumed in India The government has amended Rule 45 of the...

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Veeresh Malik Veeresh Malik 24 February 2011
Before you sign on the dotted line to insure your automobile,  read the fine print carefully, with some help from Veeresh Malik As Moneylife has been constantly reporting, competition on the automobile insurance front is heating up, especially among private insurance companies. For a change,...

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Sharad Matade 24 February 2011
Improving manufacturing indices in the US and the EU has led to the increased demand; worldwide production up 5.3% to 119 million metric tonnes in January compared with 113 million metric tonnes during the same month of the previous year World crude steel production spiked 5.3% to 119 million...

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Munira Dongre 23 February 2011
While most brokerages say that the deal will shift focus away from RIL’s hitherto underperforming E&P segment to refining and petrochem, questions remain over the company’s hurry to monetise these assets On Tuesday, newspapers front-paged the $7.2 billion deal between BP and Reliance...

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Shukti Sarma 22 February 2011
The latest foray in this sector is from TVS Shriram Growth Fund, which has invested an undisclosed sum in Indian Cookery Private Limited, promoted by celebrity chef Sanjeev Kapoor & Better Value Brands. But analysts say that there could be some hiccups in this line of business Is 'dining...

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Sharad Matade 22 February 2011
According to estimates, demand for cement is likely to go up by 10%, while production may soar by 12%—analysts expect the demand-supply mismatch to touch 107.70 million tonnes Cement producers may face a tough time in the next fiscal due to soaring input costs and a surplus in supply, amid...

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Alekh Angre 18 February 2011
The State has increased milk procurement prices by Rs2 per litre for cow milk and Rs2.5 per litre for buffalo milk. This hike will also have a direct impact on the prices of milk products—curd, paneer and shrikhand After the spiralling onion prices that made the 'aam aadmi' weep, now it's the...

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Sharad Matade 18 February 2011
Heavily controlled by the government, CIL will not be able to increase prices or increase production easily. This is not what smart investors and analysts had bargained for Coal India Limited (CIL), the world's largest coal producer, would not be able to increase coal prices in the backdrop...

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Moneylife Digital Team 18 February 2011
Both the Birlas and the Lodhas are fighting several cases at every possible legal forum since 2004, when RS Lodha sought a probate of the will after the demise of Priyamvada Birla The ongoing battle between the Birla and Lodha families over the control of the MP Birla group has taken a new...

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Sharad Matade 18 February 2011
The multilateral lending agency says unexploited renewable energy sources can generate cost-effective power for rural people, increase total supply and minimise losses. Commits $2 billion in funding over three years A new World Bank report says that generating power locally and distributing...

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Shukti Sarma 17 February 2011
The profit margins of the fast moving consumer goods sector have been affected by spiralling input costs recently. These businesses have also been bothered by inconsistent taxation and excise duties The Union Budget this year is not expected to have anything worthwhile for the market....

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Alekh Angre 17 February 2011
While grape growers in the state have suffered destruction of crop due to unseasonal rains recently, wine producers have been troubled by lower sales over the past few years. They are hoping that the chief minister will take up the issues with the Union government at the earliest Wine...

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Moneylife Digital Team 16 February 2011
ADAG says Anil Ambani not summoned by CBI, but that its chairman met agency officials to discuss various issues related to the telecom sector, including licenses and related matters of the last decade Anil Dhirubhai Ambani Group (ADAG) chairman Anil Ambani met officials  the Central Bureau...

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Sharad Matade 16 February 2011
As demand for steel grows in India, the steel ministry had set a target of 120 million tonnes per annum, by end 2012; Tata Steel more than doubles Q3 profit India is not likely to achieve its ambitious plans to produce 120 million tonne per annum (mtpa) of steel by the end of 2012, a top Tata...

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Munira Dongre 15 February 2011
In the Union Budget for FY12, there are likely to be cuts in excise duty exemptions and more services may be made liable to be taxed. The government may also reduce the tax burden on the middle class, at least to a small extent There is an agreement that while announcing this year's Budget,...

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Moneylife Digital Team 15 February 2011
Pune-based NGO Prayas Energy Group says that civil society groups must get more involved in the process to develop clean energy programmes, to ensure transparency and social benefits Limited public participation in the regulatory process, a lack of transparency in setting tariffs and...

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Moneylife Digital Team 14 February 2011
The Tata group company says that it has applied for the dual-technology license after the policy announcement and is still waiting for spectrum in the Delhi circle, while RCom had applied for a license before the policy announcement and has got the spectrum across the country Tata Teleservices...

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