* AUTOMOBILES: Government is trying to correct classification of sport utility vehicles given in the budget by introducing the concept of two-box vehicles that would remove extra financial burden on some cars currently paying more tax.
* AVIATION: Government has liberalised rules for acquisition of aircraft by scheduled and non-scheduled operators, private operators, and flying training institutes.
* BANKING: Chief Executives at ICICI BANK, HDFC BANK have offered immunity to staff who expose unfair practices by colleagues, even as Reserve Bank of India has dismissed money-laundering allegations against these banks. Several banks have managed to cut their stock of bad debt sharply by entering into 'compromise write-offs'.
* ECONOMY: After being in positive territory for two consecutive months India 's exports are likely to grow in March as well, said Trade Secretary Rao.
* EXPORTS: Government is considering forming an export development fund to help exporters in their marketing initiatives.
* GOVERNMENT: Plans to review timelines given to state-owned units to invest surplus cash, and also review their capital expenditure plans for 2013-14 (Apr-Mar). The industries department has notified guidelines for national investment and manufacturing zones, 17 months after the cabinet cleared the National Manufacturing policy.
* INFORMATION TECHNOLOGY: At least three senior executives of the Indian arm of Microsoft are on the verge of resigning from the company.
* MEDIA: The Information and Broadcasting Ministry is setting up a centralised monitoring system to track encryption of channels by cable operators.
* PHARMACEUTICALS: Companies selling essential drugs at less than government- mandated price caps will have to freeze rates at existing levels and will not be given the option of matching the higher ceiling price, as per the upcoming drug pricing policy.
* PORTS: Dighi Port will invest 10 bln rupees to set up a new berth and road and rail infrastructure.
* REAL ESTATE: Leading developers such as Lodha Group, GODREJ PROPERTIES, L&T Realty are cutting home prices in a bid to boost sales in a sluggish market.
* REGULATORY: RBI is not "unnecessarily concerned" about the lack of policy transmission by banks. SEBI has notified modifications in the framework for listed companies to distribute cash benefits like dividend to shareholders by allowing use of all electronic payment modes approved by the RBI. - RBI has proposed a host of measures such as exempting dividend payout from tax, to help boost returns on Indian companies' investments in joint ventures.
* RETAIL: Swedish furniture retailer IKEA's 105-bln-rupee foreign direct investment proposal is expected to be cleared in a week.
* ROADS: Planning Commission and finance ministry have red-flagged a proposal by the highways ministry to allow infrastructure developers to sell their entire stake in completed highway projects.
* TELECOM: Nine mobile phone service providers whose licenses were cancelled by the Supreme Court in February may have to pay an additional 27.64 bln rupees as a one-time charge for the spectrum they held.
- Government plans to give Bharat Sanchar Nigam a hefty subsidy to set up telecommunication network in Naxal-hit areas through the universal serviceobligation fund which is built with a share of private companies' revenues.
* AUTOMOBILES: Government is trying to correct classification of sport utility vehicles given in the budget by introducing the concept of two-box vehicles that would remove extra financial burden on some cars currently paying more tax.
* AVIATION: Government has liberalised rules for acquisition of aircraft by scheduled and non-scheduled operators, private operators, and flying training institutes.
* BANKING: Chief Executives at ICICI BANK, HDFC BANK have offered immunity to staff who expose unfair practices by colleagues, even as Reserve Bank of India has dismissed money-laundering allegations against these banks. Several banks have managed to cut their stock of bad debt sharply by entering into 'compromise write-offs'.
* ECONOMY: After being in positive territory for two consecutive months India 's exports are likely to grow in March as well, said Trade Secretary Rao.
* EXPORTS: Government is considering forming an export development fund to help exporters in their marketing initiatives.
* GOVERNMENT: Plans to review timelines given to state-owned units to invest surplus cash, and also review their capital expenditure plans for 2013-14 (Apr-Mar). The industries department has notified guidelines for national investment and manufacturing zones, 17 months after the cabinet cleared the National Manufacturing policy.
* INFORMATION TECHNOLOGY: At least three senior executives of the Indian arm of Microsoft are on the verge of resigning from the company.
* MEDIA: The Information and Broadcasting Ministry is setting up a centralised monitoring system to track encryption of channels by cable operators.
* PHARMACEUTICALS: Companies selling essential drugs at less than government- mandated price caps will have to freeze rates at existing levels and will not be given the option of matching the higher ceiling price, as per the upcoming drug pricing policy.
* PORTS: Dighi Port will invest 10 bln rupees to set up a new berth and road and rail infrastructure.
* REAL ESTATE: Leading developers such as Lodha Group, GODREJ PROPERTIES, L&T Realty are cutting home prices in a bid to boost sales in a sluggish market.
* REGULATORY: RBI is not "unnecessarily concerned" about the lack of policy transmission by banks. SEBI has notified modifications in the framework for listed companies to distribute cash benefits like dividend to shareholders by allowing use of all electronic payment modes approved by the RBI.
- RBI has proposed a host of measures such as exempting dividend payout from tax, to help boost returns on Indian companies' investments in joint ventures.
* RETAIL: Swedish furniture retailer IKEA's 105-bln-rupee foreign direct investment proposal is expected to be cleared in a week.
* ROADS: Planning Commission and finance ministry have red-flagged a proposal by the highways ministry to allow infrastructure developers to sell their entire stake in completed highway projects.
* TELECOM: Nine mobile phone service providers whose licenses were cancelled by the Supreme Court in February may have to pay an additional 27.64 bln rupees as a one-time charge for the spectrum they held.
- Government plans to give Bharat Sanchar Nigam a hefty subsidy to set up telecommunication network in Naxal-hit areas through the universal serviceobligation fund which is built with a share of private companies' revenues.
