The names of eminent persons, except for two for the 10-member Presidency Mentor Committee set up by West Bengal Chief Minister Mamata Banerjee to revive the glory of Presidency University, were announced today.

Names of members of Presidency Mentor Committee announced

Press Trust of India

The World Bank will submit a roadmap to the West Bengal government regarding development of technical education in the state, Minister for Technical Education and Training said today.

World Bank to submit roadmap for technical education in Bengal

In the wake of spiralling prices of petrol, Ford India, a fully-owned subsidy of US auto giant Ford Motor which has lined up eight new models by 2015, will be focusing more on diesel variants in future, a company official said.

Ford India to focus more on diesel variants

Business Standard

In a bid to keep themselves abreast with global trends, small and medium enterprises (SMEs) in Rajkot are set to take corporate lessons from the Confederation of Indian Industry (CII).

Rajkot SMEs to take corporate lessons from CII

Representatives of cotton ginners from seven of the cotton growing states have decided to submit a memorandum to the central government for their demand regarding allowing additional cotton exports in the current season and putting cotton exports under the open general licensing (OGL).

Ginners want cotton export under OGL

Yogesh Chander Deveshwar, who was recently appointed chairman of ITC Ltd for another five-year term, has led the cigarette giant&rsquo;s successful foray into the FMCG sector. In six years, it has become a Rs 5,000-crore business.

Q&A: Y C Deveshwar, Chairman, ITC Ltd

The Nashik district administration, as per RBI guidelines, has prepared Rs 5,220.99 crores district-level annual credit plan for agriculture, small-scale industry (SSI) and other priority sectors for the current FY 2011-12, with 17.11 per cent rise as compared to that of last year.

Nashik credit plan outlay at Rs 5,221 crore for FY 2011-12

Pune-based Bilcare Technologies, a business of Bilcare Limited - a research and technology provider for creating advanced anti-counterfeiting, security and brand protection solutions to Beltron Telecom, promoted by Bihar State Electronics Development Corporation Ltd, has signed an MoU defining and detailing the business Letter of Intent (LoI) with Beltron. Bilcare Limited is expecting a revenue of Rs 300 crore in the next two years through this venture.

Bilcare provides anti-counterfeiting technology to Beltron

Chennai-based water and waste water management company VA Tech Wabag Ltd is looking for overseas acquisitions of around Rs 1,300 crore to improve its growth momentum.

VA Tech Wabag eyes overseas buys

Sanmar Engineering Corporation, a group of engineering companies and steel foundries under the $1 billion Sanmar group, is expecting a sales revenue of over Rs 3,000 crore with a compounded annual growth rate (CAGR) of 21 per cent over the next five years.

Sanmar expects to double revenue in 5 yrs

The Tamil Nadu government has decided to waive the four per cent Value Added Tax (VAT) on LPG with effect from July 1. The move is expected to cause a loss of Rs 120 crore annually to the state exchequer. In a statement on Tuesday, chief minister J Jayalalithaa said that the LPG price in the state at present is Rs 404.40, and the reduction in VAT would take it down to Rs 389.67. It may be noted that the prices of LPG were raised by Rs 50 per domestic-use cylinder last week. The price reduction follows the Union finance minister letter to all the chief ministers urging a reduction in levies on fuel and LPG.

TN cuts 4% VAT on cooking gas

SNK ETax Solutions, a&nbsp;firm which&nbsp;offers solutions to companies and individuals on taxation, corporate laws and assurance services today announced the launch of Taxsum.com,a tax filing portal that caters to all category of tax filing audiences.

SNK ETax Solutions launches tax filing portal

Announcing a 60% cut in prices of Pentavalent vaccine Pune-based Serum Institute has urged big pharmaceutical firms to take their lead and offer vaccines at lower prices for saving lives and pledged its support to the Global Alliance for Vaccines and Immunisation (GAVI) in London on Monday.

Pune's Serum Institute promises to cut vaccine price

The ongoing strike by 2,000 odd workers at Maruti Suzuki India Limited (MSIL) plant in Manesar near Gurgaon, has once again ignited the age-old conflict between management and labourers. Trade Union leaders point out the intensity of labour law violations in the recent past which have increased leading to conditions where frequent labour management conflicts are observed.

Haryana witnesses rising MGMT-labourer conflict

Sowing operations for the present kharif are in full swing in Karnataka following the more than normal monsoon in almost all the taluks during the first week of June. As on June 8, sowing has been completed in 370,000 hectares across the state, about 4.9 per cent of the target for the kharif season.

K'taka targets 14 mn tonne foodgrain production in FY'12

The Associated Chambers of Commerce and Industry of India (Assocham) has come out with a vision document for Andhra Pradesh, envisaging a growth rate of 11 per cent each in industrial and services sectors, and a 6 per cent growth in agriculture till the year 2020.
Releasing the &lsquo;Andhra Pradesh Vision 2020&rsquo; here on Tuesday, Dilip Modi, president of Assocham, said the state being the hub of agriculture had a greater potential to register higher growth rate over and above the national

Assocham sees 11% industrial growth in AP

The arrival of agricultural produce in agricultural marketing committees of Uttar Pradesh has registered increase during the current agricultural marketing year (July-June 2010-11).

UP mandis record increased arrival of agri produce

Hyderabad Metro Rail Limited (HMR) will constitute a committee to solve issues related to compensation and payments for GVM (government vested municipal) lands to be used for the project. The Andhra Pradesh government has approved the constitution of the committee.

Panel to look into land issues of Hyd metro

Punjab government unveiled its new mining policy on Tuesday, aimed at bringing more transparency in the auctioning process by introducing e-auction for quarries less than five hectares. The policy has laid a cap on the maximum retail price of sand, and has plans to put it under the Essential Commodities Act to curb its hoarding. Punjab industry minister Tikshan Sud said, &ldquo;Initially, we will auction around 246 &lsquo;C&rsquo; category quarries of less than five hectares. The reserve price for auction has been fixed at Rs 14.70 crore. Instead of forward bidding, we would introduce reverse bidding, so that the price of sand cannot be escalated&rdquo;.

Punjab introduces new mining policy

Taking into account the loss of revenue that tea planters need to bear during the gestation period post re-plantation of tea bushes, the tea industry has asked the Tea Board and the Centre to increase the rate of subsidy under the Special Purpose Tea Fund (SPTF) from present 25 per cent to 40 per cent to &ldquo;motivate&rdquo; planters for re-plantation.

Tea industry wants SPTF to increase subsidy to 40%

The Federation of Andhra Pradesh Chambers of Commerce and Industry (Fapcci) on Tuesday emphasised the need to promote industries in the investment range of Rs 20 crore to Rs 100 crore, which provide greater employment opportunities compared with the very-large industries.

Fapcci for 100 new small industries in AP

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