Overhaul power sector to woo investments: CII
New Delhi: In its submission to the ministry of power, group for re-engineering of policy, systems and procedures, Confederation of Indian Industry, has asked for improvment in conditions for investments in power generation and simultaneously work on improving overall viability of the sector through implementation of distribution reforms.
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Karnataka budget leaves taxes untouched, deficit at Rs 106 crore
Bangalore: The Karnataka budget for 2003-04 presented by chief minister SM Krishna seems to be clearly focussed on the Assembly elections to be held next year with a slew of populist measures and schemes eventhough the state had failed to meet the targets of containing revenue and fiscal deficits as per the medium-term fiscal plan.
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US move to freeze exports raises hopes for Indian steel
New Delhi: With the outbreak of the US-led aggression, the Indian steel industry may have reasons to be jubilant about in the months ahead.
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TN slaps 12.5 per cent tax on phone rentals
Chennai: Telephone users — both basic and cellular — will contribute to nearly half the Rs 430 crore that the government hopes to mop up during the year through enhanced and new taxes.
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