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Pumpgate: Supreme Court quashes PM’s cancellation
New Delhi: The Supreme Court on Friday quashed the government’s circular of August 9, 2002 cancelling all allotments of petrol pumps, kerosene and LPG dealerships after January 2000.
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Parliamentary Panel for allowing oil PSUs to bid for HPCL, BPCL
New Delhi: A Parliametary committee on Friday asked the government to reconsider its decision to divest in oil public sector units, HPCL and BPCL, or else allow Indian companies including PSUs like ONGC to bid for the two corporations.
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Kelkar Report to top board of trade agenda, meet on Dec 27
New Delhi: The Kelkar report on phasing out the benefits under sections 10A and 10B of the Income Tax Act of 1961 and the duty entitlement passbook scheme is expected to figure prominently during the interface between divestment, commerce and industry minister Arun Shourie and bigwigs in trade and industry under the umbrella of the high-powered Board of Trade in New Delhi on December 27.
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CII hails move to set up Central Investment Agency
New Delhi: Confederation of Indian Industry (CII) has welcomed a recommendation by the Department of Industrial Policy and Promotion to set up an industrial investment facilitation board as a Central agency to facilitate all investments and simplify procedures.
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Fieo flays move to cut drawback rates
New Delhi: Federation of Indian Export Organisations president Rafeeque Ahmed has expressed concern over the government’s move to reduce the duty drawback rates for woolen garments and mechanical pencils and appealed to the revenue department to review the decision.
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SC modifies ban on new autos in Delhi
New Delhi: The Supreme Court on Friday allowed the Delhi government to grant fresh registration for 5,000 autos in view of the on-going auto strike in the Capital.
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domain - B : Indian business : News Review : 21 December 2002 : general