Public-pvt model puts Haryana road projects in top gear

The Public Private Partnership concept has proved to be a success in road sector in Haryana with PPP projects implemented by the National Highway Authority of India...

Despite slowdown, companies queue up to hire IIM-L students

Despite fears of a critical ongoing global recession, when handing over pink slips seems to have become the norm in the corporate world, there is some good news from the portals of the Indian Institute of Management- Lucknow.

Punjab sugar output may dip to 32% this yr

Punjab is likely to witness a drop of 32% in sugar production in 2008-09 because of sharp fall in area under sugarcane cultivation this year.

Himachal offers incentives to promote homestay tourism

The Himachal Pradesh government is offering exemption from luxury, sales tax and VAT to homestay units of up to three rooms in order to boost homestay tourismin the state.

Haryana plans scheme to recover tax arrears

A new innovative incentive scheme is being launched for the recovery of arrears of tax defaulters. 5% of the total recovered money from defaulters would be given to the informer and his name would be kept strict confidential, Haryana excise and taxation minister, Birender Singh said.

Maruti sets eyes on higher sales as Haryana cuts CST

With the Haryana government approving reduction in the rate of the central sales tax on inter state sales of Maruti Suzuki vehicles, the company hopes the step will lead to an increase in the sales.

Sahara appoints Gleeds as consultant

Sahara has appointed international management and construction consultants, Gleeds, to provide consultancy and project management for the development of its Sahara City Homes brand of townships that are coming up in 217 cities of India.

State SEZ Act receives Badal’s nod

Decks have been cleared for an enactment of Punjab Special Economic Zone Act with in principle approval from the Punjab chief minister Parkash Singh Badal by formulating a comprehensive SEZ policy to promote mega and super-mega industrial projects in consonance with SEZ rules under the Act of the central government.

Punjab defies crisis, registers 39% rise in VAT collections

Ongoing slowdown may not have any adverse impact on the collection of Value Added Tax in Punjab in view of state’s agrarian economy. Punjab has recorded a 38.9% increase in VAT collections in the first six months of 2008-09, positioning itself at third spot in the country.

Life insurers eye rural areas in North for growth

After having attained saturation level in the metros and other prime cities, more and more life insurance companies are heading north with the aim of reaching out to the rural households.

DHBVN gets Rs139.24 cr to upgrade power supply system

The Centre has sanctioned an ambitious plan of Rs 139.24 crore of the Dalshin Haryana Bijli Vitran Nigam to create high voltage distribution system or armoured/aerial bunched cable based distribution system in 406 villages under the Operation Divisions, Narnaul and Dharuhera in districts Mahendragarh and Rewari falling under the National Capital Region.

Promed Group plans to enter US, Europe markets

With an aim to hit a turnover of Rs 500 crore by 2013, drug manufacturer Promed group plans to expand its horizons to the regulated markets of US, Europe and South America. The company has already applied for securing necessary approval from Europe and US Food and Drug Authority.

Hafed eyes South, West India for products launch

The Haryana State Cooperative Supply and Marketing Federation is exploring new markets for promoting its products. The federation is looking at the Southern and Western states to launch its consumer products.

Haryana exporters unhappy with poor infra

Even though exports from Haryana have gone up by 30% in the first half of the current fiscal, exporters are unhappy with the lack of infrastructure, the delay in the import facility at Panipat and the “unfavourable” tax norms.

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