Samadhan may waive penalty on directors
The Centre is considering waiver of penalty on directors of companies which opt for the Kar Vivad Samadham scheme, despite pending adjudication. The proposal has been sent to the law ministry for consideration. A Central Board of Excise and Customs (CBEC) official said that the proposal has been sent to the law ministry for consideration.

Centre likely to beef up anti-dumping division
Union minister for chemicals and fertilisers SS Barnala on Wednesday said that the central government is strengthening the anti-dumping cell to mitigate problems faced by the chemical industry.

Textile policy likely to call for powerloom, mills integration
A new textile policy, expected to be announced early next year, may seek an integration of powerlooms into the mill sector to eliminate segmental differences that have traditionally dragged down performances.

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