China faces new US trade complaint over paper as union, 3 producers file antidumping caseSeptember 24th, 2009 China faces new US trade complaint over paperBEIJING — A U.S. labor union and three paper companies have filed a new trade complaint over imports of Chinese paper, possibly fueling tensions between Washington and Beijing amid disputes over tires and other goods.
Abducted Maharashtra paper trader rescuedSeptember 11th, 2009 NEW DELHI - A Maharashtra-based businessman was rescued from Uttar Pradesh after more than two months in captivity over a business dispute, police said here Friday. Manoj Aggarwal, a paper merchant, had gone missing from a guest house here July 7.
Indian firm to buy three dredgers from NetherlandsAugust 21st, 2009 KOLKATA - The Dredging Corporation of India (DCI) will buy three dredgers of 5,000 cubic metre capacity each at a total cost of Rs.1,722 crore. "The Public Investment Board (PIB) has approved the purchase Wednesday.
Paper maker Stora Enso to lay off up to 1,100 workers, close mills in FinlandAugust 19th, 2009 Paper maker Stora Enso to lay off up to 1,100HELSINKI — Stora Enso Oyj said Wednesday it will lay off up to 1,100 workers, cut production and close mills in Finland as the Nordic paper maker continues to struggle with dwindling revenue. The announcement came four weeks after the company reported a second-quarter net loss of €368 million ($523 million) and a 24-percent drop in net sales to €2.2 billion.
Goa draft mineral policy allows mining near sanctuariesAugust 14th, 2009 PANAJI - The Goa environment ministry ordered the closure of 12 mines last week for their proximity to wildlife sanctuaries, but the government's new draft mineral policy allows mining in close vicinity of the protected areas. The draft mining policy, which was tabled during the budget session of the Goa legislative assembly, clearly advocates mining near the state's wildlife sanctuaries, which are a part of the ecologically sensitive Western Ghats.
Fact sheet on the proposed new direct tax codeAugust 12th, 2009 NEW DELHI - The following are some salient features pertaining to the new Direct Tax Code proposed by the government, for which a draft and a discussion paper were released by Finance Minister Pranab Mukherjee Wednesday:
What does it seek: The Direct Tax Code will replace the existing Income Tax Act that was enacted in 1961, which had replaced an earlier legislation of 1922 enacted prior to the country's independence. When will it be introduced: The government intends to present the relevant bill during the winter session of parliament, after considering and incorporating, if seen fit, the opinions on its provisions from the public.
ITC plans greenfield paper plant, major hotel expansionJuly 24th, 2009 KOLKATA - Tobacco-to-hotels major ITC Ltd is planning to set up a $1-billion greenfield paper plant and expand its hotel business, a top company official said here Friday. "We are looking at an investment of Rs.4,000-5,000 crore for paper plant.
BJP awaits white paper on railwaysJuly 11th, 2009 NEW DELHI - The Bharatiya Janata Party (BJP) Saturday said the country was awaiting the white paper promised by Railways Minister Mamata Banerjee on the railways' performance in the last five years. Banerjee told parliament July 3 that she would come out with a white paper on the actual performance of the railways in the past five years when Lalu Prasad headed the ministry.
Simple tax regime in four years promisedJuly 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee Monday promised to revamp the country's tax structure, with a simple and exemption-free regime in four years.
This is in line with the government's stated agenda of a new income tax code to simplify the tax structure that is replete with exemptions and complex provisions.
Telecom regulator issues regulations for number portabilityJune 30th, 2009 NEW DELHI - India's telecom regulator Tuesday issued draft regulations for mobile number portability (MNP), highlighting the rights, obligations and duties of service providers. MNP allows users to switch operators without changing numbers.
Paper maker IP says 1st-qtr profit jumps 93 percent, bolstered by huge alternative fuel creditApril 30th, 2009 International Paper's 1Q net income jumps 93 pctMEMPHIS, Tenn. — International Paper Co., the largest U.S.
Redskins owner Snyder says team won't trade next year's No. 1 draft choiceApril 25th, 2009 Snyder: Redskins won't trade 2010 1st-round pickASHBURN, Va. — Washington Redskins owner Dan Snyder says his team will not trade its first-round pick in 2010 in an attempt to move up Saturday in the NFL draft.
Lawmakers work to save tax credit that produced unexpected windfall for paper companiesApril 23rd, 2009 Paper companies gain support for tax creditWASHINGTON — Lawmakers from paper-producing states vowed Thursday to save a tax credit that has provided an unintended multibillion-dollar windfall to paper companies. Struggling paper companies recently discovered they could qualify for federal tax credits intended to promote the development of alternative fuels because they use a byproduct in the paper-making process as fuel to power their mills.
Class 12 CBSE students find maths paper easy but lengthyMarch 22nd, 2009 NEW DELHI - Students of Class 12 of Central Board of Secondary Education (CBSE) Saturday were not satisfied with the mathematics paper. Many found it easy but lengthy.
Congress almost ready with manifesto for general electionJanuary 23rd, 2009 NEW DELHI - Gearing up for the upcoming Lok Sabha polls, the Congress Saturday almost finalised its election manifesto, with a focus on agriculture, financial reforms, youth and unemployment. The manifesto committee of the party met in the capital to give a final shape to the policy paper, which has been sent to Congress president Sonia Gandhi for approval.
Loading ...