The Supreme Court has granted permission to the two Chinese engineers accused in the collapse of under-construction chimney at Vedanta-controlled Bharat Aluminium Company Limited (Balco) to leave for their native country to solemnise their marriage.

Chinese engineers get SC nod to visit home

Business Standard

The Empowered Committee of State Finance Ministers has agreed to the demands of the Orissa government to keep coal royalty and entry tax out of the purview of the proposed Goods and Service Tax (GST).

Coal royalty and entry tax to be out of GST purview

The Uttar Pradesh Sugar Mills Association (UPSMA) today alleged that the state government was putting pressure on millers to purchase sugarcane from farmers, much ahead of the crushing operations start, setting a precedent.

UP government forcing sugar mills to buy cane: UPSMA

Press Trust of India

Paradeep Phosphates Limited (PPL) has won the prestigious SAP ACE-2010 Award for being the &ldquo;Best Run Business using SAP in the Chemicals category&rdquo;.

PPL bags SAP ACE-2010 Award

The Institute of Chartered Accountants of India (ICAI) has proposed to set up a Centre for Excellence in Bhubaneswar.

ICAI to set up Centre of Excellence

To give a major flip to export-oriented units across Haryana, the State Level Export Promotion Committee (SLEPC) has approved 12 new projects worth Rs 36.8 crore for developing export infrastructure and other allied activities schemes.

Haryana approves funds for export infrastructure

Videocon Mobile Services, the next generation GSM mobile service operator, unveiled a true value-for-money plan for subscribers in Punjab recently, which will make both STD and Local calls only 33paise per minute.

Videocon lowers STD rates in Punjab

With a hope to grow by over 60 per cent this year, the Rajkot-based machine tools industry is eyeing Rs 800 crore turnover for the financial year 2010-11, as against Rs 500 crore revenue last year.

Rajkot tools industry eyes Rs 800 cr turnover

Students of the Jamnalal Bajaj Institute of Management Studies (JBIMS) have developed a radio frequency identification (RFID) based technology for road traffic management.

JBIMS students create RFID system for road traffic mgmt

With already 23 screens across seven locations operational in Gujarat, Cinemax India Ltd. is set to expand its operations in the state. The company plans to invest around Rs 5 crore for a 3 screen multiplex property in Surat.

Cinemax to expand operations in Guj

Australia's Oilex Ltd plans to start natural gas production from the huge discovery it made south of Ahmedabad, which is being billed as the next big thing after Reliance Industries' KG-D6 gas find and Cairn India's Rajasthan oil discovery.

Oilex to start gas production from Cambay field next year

Sales and marketing were the most prefer-red sectors at the Indian Institute of Manage-ment, Kozhikode (IIMK) summer placements prog-ramme, accounting for 25 percent of the total offers for its 14th batch of post gradu-ate programme (PGP) today.

Sales, marketing top at IIMK summer placements

Indian Institute of Management Kozhikode (IIMK) will organise Backwater v2.10, the annual business school meet from November 19-21.&nbsp;The theme of the fest this year is to 'Discover the Difference' &ndash; where the intention is to revive, redeem and reaffirm the unique facets of India Inc.

Disover the difference to be the theme of IIMK fest

V-Guard Industries Limited recorded a 21.27 percent rise in the profit after tax at Rs8.78&nbsp;crore in Q2 as against&nbsp;Rs 7.24 crore in the same period of last year.

V-Guard Industries Q2 PAT up 21%

Generic drug maker Natco Pharma reported a 10.84 per cent increase in net profit to Rs 14.82 crore for the quarter ended September 2010, as compared with Rs 13.37 crore during the same period last year. Revenues stood at Rs 127 crore, up 7.62 per cent from Rs 118 crore last year.

Natco to raise Rs 100 crore

Information technology consulting company Infotech Engineering is evaluating Eastern Europe and Chinas as potential areas for new development centres, according to its chairman and managing director BVR Mohan Reddy.

Infotech keen on Eastern Europe, China

Embattled chief minister of Karnataka B S Yeddyurappa announced that he would set up an enquiry commission headed by a retired supreme court judge to go into the issues of land dealings done by his government and the previous governments in the state over the last 10 years.

CM ready for probe into land scams by ex-SC judge

The Karnataka High Court on Monday rejected the plea of chief minister B S Yeddyurappa not to make him a party to the petition by five independent MLAs challenging their disqualification from the legislative assembly.

HC rules CM be made party in MLAs' disqualification case

Bangalore-headquartered jewellery maker and exporter Rajesh Exports Ltd has posted a 2.26 times rise in its net profit to Rs73.7 crore during the July-September period of the present financial year on the back of higher earnings from its retail jewellery business.

Rajesh Exports' net up 2.26 times to Rs73.7 cr in July-Sept

The assured income to farmers in Haryana through government agencies is likely to be affected due to inclement weather conditions which prevailed in the state this year.

Low paddy output may hit  farmers' assured income

State-owned Neyveli Lignite Corp has proposed to set up 4,000 Mw coal-based power plants in the states of Orissa and Uttar Pradesh while a wind mill in Tamil Nadu, Parliament was informed today.

NLC to set up over Rs 2,000-cr coal-fired power plant in UP

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