Export houses likely to get income-tax relief
The interest accruing to the exchange earners foreign currency account (EEFC) operated by 100% export oriented units and units set up in the export processing zones may be exempt from income-tax. The commerce ministry is taking up the matter with the finance ministry for possible inclusion in the 1999-2000 budget.

Maharashtra urges Enron to tap wind power
The Maharashtra government has called upon the US multinational, Enron Corp to invest in a big way in the non-conventional energy sector. The state has invited Enron Corp to invest mainly in generation of power and research and development of non-conventional energy.

Tyre industry needs Rs 500 cr investment: ATMA
The Indian tyre industry will require an investment of about Rs 500 crore in the next five years to meet the estimated rise in demand of 1.25 million tyres by the year 2005.

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  Delhi draft policy to streamline industrialisation, promote IT
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  `Relocation possible only after proper planning'
  Iridium waits for the call of profits from venture
  In Brief
  Telecom licence fee issue set for legal battle
  Australia, NZ attack US lamb import ruling
  Jaggery exports from Kolhapur spurt this year
  ATC strike delays Tata, Wadia flight to Delhi
  IOC to resume furnace oil supply to export units
  Thailand may seek other sources for fuel oil
  Tidco to adopt novel equity funding for Ennore park
  Board of Trade recast, first meet on Feb 18
  Rubber prices crash to seven-year low
  Japan to drag India to WTO over auto policy
  G-15
  NHAI to issue another draft of concession pact
  Financial Briefing
  Reserve Bank to appoint more primary dealers in gilts segment
  RRB employees launch stir over wage revision
  Saharanpur wood-carving units look to Govt for succour
  Executive briefing
  FIs outline tough norms for steel sector,