Page 181 - B2B Connect

Budget proposes to reduce corporate tax by 5%

The government plans to reduce corporate tax rate from the current 30% to 25% over the next 4 years

Budget aims to skill India for 'Make in India' initiative

The government plans to launch a National Skills Mission, which will consolidate skill development initiatives spread across several ministries

Government aims for 'green' development

While budget proposes to provide concessions for e-vehicle & exempt common effluent plants from service tax, it increases cess on coal & excise duty on polyethylene bags

FM proposes to set up 5 new ultra-mega power projects

Investments of about Rs 1 lakh crore are estimated for these projects

Wax deoiling technology at Numaligarh Refinery wins international competition

The technology has been developed by CSIR through its constituent laboratory Indian Institute of Petroleum, Dehradun, in association with the Engineers India Ltd

BEL-Rolta consortium to drive Rs 50,000-cr battlefield management system project

The Ministry of Defence has selected the consortium as a development agency for the Battlefield Management System (BMS) project worth over Rs 50,000 crore

Economic Survey recommends Railway reforms & higher public investment

While the survey urges for greater public investment in railways to boost growth, it has recommended reform of railway's structure, commercial practices, overhaul of technology, etc

Focus on skill development to achieve 'Make in India' goals: Economic Survey

While 'Make in India' occupies prominence as an important goal, the future trajectory of Indian development depends on both 'Make in India' and 'Skilling India', says the survey

UNO Minda forms JV with Japan's Kosei Group for alloy wheels

JV will invest about Rs 200 crores to set up a plant at Bawal (Haryana) to manufacture about 60,000 units of alloy wheels for passenger vehicles

Economy Survey suggests a shift from carbon subsidy to carbon tax regime

The survey emphasises on the move to impose significantly high tax on petroleum products and thereby reenergising the renewable energy sector

Foodgrains production expected to reach 257 mt 2014-15: Economic Survey

Economic Survey 2014-15 emphasises on the need to improve productivity in the agricultural sector to ensure food security

Suresh Prabhu has set an ambitious reform agenda: Arvind Mahajan

The focus of Rail Budget on augmenting and leveraging existing track infrastructure is a step in the right direction to make Indian Railways more viable

Rail Budget is a 'Caring Budget': Chandrajit Banerjee

The budget cares for the customer, environment and the stakeholders, including the Railway PSUs and the Rail employees and, of course, about the economy

Rail budget touches every vital aspect of Indian Railways to make it future-ready: Hemant Kanoria

While the Centre would be providing 41% of the planned investments, the success of this Budget would be determined by how the Rail Minister mobilises the rest of the amount

No residues of banned pesticides in vegetable and fruits: Dr Sanjeev Kumar Balyan

'Grow safe food' campaign has been initiated to carry the message of safe and judicious use of pesticides to farmers and other stakeholders, said the minister in Lok Sabha

Brenntag acquires South African specialty distributor Lionheart Chemical

The acquisition strengthens Brenntag's position in the South African chemical distribution market

BASF and Toda Kogyo form JV for cathode materials

JV will market a broad range of cathode materials, particularly nickel cobalt aluminium oxide (NCA), lithium manganese oxide (LMO) and nickel cobalt manganese (NCM) in Japan

Lanxess eyes growth in desalination and wastewater recycling sectors

The company, which offers both ion exchange resins and reverse osmosis membrane elements, will focus on these two sectors at Water Today Expo 2015

Dow organises water treatment seminar for textile industry in Tirupur

The event was part of Dow's strategy to seek closer collaboration with end-user industries such as textiles

Asahi Kasei acquires Polypore's energy storage segment for $2.2 bn

In conjunction with this transaction, Polypore will sell its Separations Media business segment to 3M for $ 1.0 billion