This is contrary to reports in a section of the media that the departments would be closed down

Karnatak University battles to ease crisis

BS Reporter

GMR Infrastructure, the Bangalore-based publicly-held infrastructure developer, has written off Rs 453 crore on two of its global assets in coal mines and airports

GMR writes off Rs 450 cr on coal, airport assets

Business Standard

With the tourist season at its peak in the hills of Himachal Pradesh SpiceJet has started flights between Delhi and Dharamsala.The first 68 seater flight landed in Dharamsala from Delhi Friday.Later the state's transport and food minister GS Bali flagged off the flight back to Delhi ."Permission has  been given by the DG civil aviation to allow daily flights to Dharamsala," SpiceJet vice- president Kama Hinorani said .The flight takes off from Delhi at 5.55 am and will land at the Kangra airport at 7.30 am and will fly back to Delhi at 7.50 am .The ticket costs Rs 3000 but is soon expected to go up. Dharamsala is Spicejet's 46th destination in India , the airlines now operates to 54 airports.The airlines soon plans to travel via Chandigarh which falls midway.Last month Air India resumed its flights from Delhi to Dharamsala and Kullu airports in Himachal Pradesh.

Jet starts flights to Dharamsala

The Africa Lead programme, sponsored by USAID, has given a mandate to ZFS to train its highly-placed resource persons in this sustainable agriculture model

USAID, ZFS to initiate development in Africa

Hooda said this while participating in a panel discussion on "Future of Chandigarh"

Punjab-Haryana  to ease project load of Chandigarh

Press Trust of India

Justifying  the recent hike in power tariff, Uttar Pradesh Chief Minister Akhilesh Yadav today said it was necessary as the power department was running into losses."The power department is in loss. We want the (power) situation to improve. The hike will affect heavy power users and poor will be take care of," Yadav told reporters.Holding the previous BSP regime responsible for the power crisis, Yadav said his government was working to increase power production. The Uttar Pradesh Electricity Regulatory Commission had on May 31 approved a new power tariff structure, effecting a significant hike for domestic and commercial consumers.Asked about the distribution of laptops to students who recently cleared standard 12 examinations, Yadav said these would be given as soon as the state receives the supply from the company engaged for the purpose.On the other hand, Punjab and Haryana  High Court has stayed orders by the District Consumer Disputes Redressal Forum (DCDRF) and a civil court in c

UP hails power tariff hike; HC stays power theft case hearing

With Punjab and Haryana looking to diversify into other crops, both states aim to reduce acreage under water-guzzling paddy by 1.65 lakh hectares during the current kharif season

Punjab, Haryana plan cut in paddy acreage

In past one year, shares fall by over 35%, closes at Rs 215, lowest since November 2009

Gujarat Gas share prices tumble after heavy selling by investors

To attract investments State is in talks with Chinese Prime Minister Li Keqiang to open a special investment zone in the state

Maharashtra govt seeks Chinese investment

The news of Modi's anointment was greeted with the bursting of fire crackers and drumbeats at the Gujarat BJP office

Guj BJP celebrates Modi's anointment

Chavan expects Rs 10,000 crore (over a period of time) from the Centre out of which Rs 3,000 crore would be utilised for traditional water conservation methods

Maha govt's priority to make state drought proof: Chavan

The Supreme Court has ruled that prior permission of the criminal court is not necessary for compounding an offence under the Companies Act when power of compounding is exercised by the Company Law Board (CLB)

CLB can compound offence

Time for importers, exporters to get familiar with the new international transaction mechanism

Bank payment obligations vital for international trade

Misunderstanding between contract for sale and contract for works & material can affect amount of actual taxationThe distinction between a contract of sale and a works contract has been the subject matter of several judicial decisions. From a taxation point of view the final outcome of the above deliberation is of utmost importance.Typically, a contract for sale attracts VAT and a contract for pure service would only attract service tax. A works contract on the other hand could attract both VAT as well as service tax, albeit at lower rates (both - VAT laws and service tax provisions - allow reduction of value of services and value of material respectively before applying tax rates).The definition of works contract under different state VAT laws is much wider than the definition under service tax. This article discusses the key points of differentiation between contract for sale and a works contract.The most common forms of works contracts are building contracts. These are well unde

Similar contracts can have different taxes

It is unlikely that independent directors on Ranbaxy Board had no exposure to corporate governance models

Corporate governance failure at Ranbaxy?

During the 1860s when the US civil war going on, Gujarati businessmen made fortunes by trading in cotton. They worked late into the night when rates were wired in and orders were wired out at the US and European time zones. The demand for food at such a late hour gave rise to the invention of a popular dish. It consisted mainly of a mash of left over vegetables and bread supplied by Portuguese Jesuits. Name this dish

The Strategist Quiz (#307)

Stable hiring and decreased turnover in India has been instrumental in creating a stable work environment in spite of the economic pressures of inflation and lower rates of GDP growth

Trends in hiring and attrition

During the 1860s when the US civil war going on, Gujarati businessmen made fortunes by trading in cotton. They worked late into the night when rates were wired in and orders were wired out at the US and European time zones. The demand for food at such a late hour gave rise to the invention of a popular dish. It consisted mainly of a mash of left over vegetables and bread supplied by Portuguese Jesuits. Name this dish.

Answers to last week's quiz (#307)

The launch of this new brand in China marks a significant first for this Company. It's the first time the company has launched a completely new brand outside the United States in its nearly 120-year history

The Strategist Quiz (#308)

Grain to a wider population at prices cheaper than what the Centre has proposed - it's a winning formula for states

States take a bite out of Centre's food security bill

To be set up at a cost of Rs 70 crore in Jaspur village of Padra taluka, the university will be dedicated to research and will see a total intake of 600 students

GSFC to set up varsity

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