India Business

Government plans State level Regulators for real estate

Jaipal Reddy - Real Estate Regulator IssueMumbai - The UPA government has announced its plans to help states to setup regulators for the real estate sector. Mr. S. Jaipal Reddy, Urban Development Minister said that the regulation at state level is essential. The real estate sector has seen a decent growth in last 3 years. With the prices of real estate going up all over the country, there is a strong need for regulation in the sector.

Govt. Approves issue of Oil Bonds worth Rs 24,000 Crore

Oil Bonds

Fiscal Deficit Will Be 3% By Next Year: P. Chidambaram

P. Chidambaram

NDTV Aspires To Launch More TV Channels

Prannoy Roy During Award Ceremony
New Delhi Television (NDTV) has decided to launch more television channels, both nationally and internationally.
While talking at the launch of ‘MetroNation,’ NDTV’s 5th channel in the country, Prannoy Roy, chairman, stated, “By this year, or financial year end, there will be more channels from NDTV.”

Hanung Toys Gets Rs 200 Crore Home Furnishings Order From US Buyer

Hanung Toys India
Mumbai: Hanung Toys & Textiles Ltd has pocketed Rs 200 crore export order for home furnishings from a leading US buyer.

For exporting home furnishing to the extent of around Rs 200 crore, the New Delhi-based company has signed up the export order deal with the company.

Indian IT Business A Pampered Lot, Says Kamal Nath

New York: While lecturing at the Pravasi Bharatiya Divas, a yearly event organised by the Ministry of Overseas Indian Affairs to bring the Indian Diaspora together, Kamal Nath, minister for commerce and industry said, “The Indian IT business has been pampered for a long time. There is a disconnection between the IT sector and the rest of India.”

While responding a question asked by a delegate at the meeting on how the Indian IT businesses will expand post 2009 when the tax benefits the industry presently enjoys are inhibited.

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