* AUTOMOBILES: Yamaha Motor is studying the Indian market for localising 150cc and above motorbikes, like the R15.
* AVIATION: Air India has appointed five "experts" as part-time directors to help the airline achieve targets set by the government as a part of its turnaround plan.
* CAPITAL GOODS: The government has received investment proposals worth over 50 bln rupees from Indian and international companies for its scheme designed o promote manufacturing of electronic components.
* COAL: The coal ministry will begin issuing show-cause notices next month to 30 captive mining companies, including JINDAL STEEL AND POWER, TATA STEEL, NTPC and STEEL AUTHORITY OF INDIA, for delay in development of their coal blocks.
* ENERGY: Iran 's Oil Minister Rostam Ghasemi met Petroleum Minister M. Veerappa Moily in the wake of declining crude oil import by India from Iran , to sort out lingering issues. Petrol could become costlier by about 4 rupees a litre if the government compels oil firms to sell 5% ethanol-blended petrol from next month.
* INFRASTRUCTURE: Five states have so far written to the Department of Industrial Policy and Promotion, requesting it to consider revising the minimum
land requirement for developing a National Manufacturing Investment Zone.National Highways Authority has warned that around 980 bln rupees worth of
premium revenue is in jeopardy after its proposal of rescheduling premium payments from road developers was turned down by the Law Ministry.
* PRIVATE EQUITY: Private equity firm Actis has detected an alleged fraud in one of its investee companies--Super-Max. Around $30 bln worth of private equity investments, that were made in 2005-2007, are stuck due to lack of exit options.
* MEDIA: TRAI has set the minimum security deposit for set-top boxes at 400 rupees, while minimum monthly rental has been set at 32.93 rupees. Broadcasting industry has agreed to abide by a 12-minute limit on advertising per hour of programming starting from Oct 1.
* REGULATORS: RBI has barred banks from lending against gold exchange traded- funds and gold mutual funds. RBI has written to the government seeking restrictions on gold imports on consignment basis by nominated agencies.
* STEEL: Directorate General of Safeguards rejected demand for higher import duty on hot rolled flat stainless steel products of 304 grade of up to 1,625
mm width.
* TAXATION: Government on Monday sent more letters to individuals who are yet to file returns. The difference in levels of computerisation among states may force central government to drop its plans of migrating existing value-added tax regime to the information technology system serving goods and services tax.
* AVIATION: Air India has appointed five "experts" as part-time directors to help the airline achieve targets set by the government as a part of its turnaround plan.
* CAPITAL GOODS: The government has received investment proposals worth over 50 bln rupees from Indian and international companies for its scheme designed o promote manufacturing of electronic components.
* COAL: The coal ministry will begin issuing show-cause notices next month to 30 captive mining companies, including JINDAL STEEL AND POWER, TATA STEEL, NTPC and STEEL AUTHORITY OF INDIA, for delay in development of their coal blocks.
* ENERGY: Iran 's Oil Minister Rostam Ghasemi met Petroleum Minister M. Veerappa Moily in the wake of declining crude oil import by India from Iran , to sort out lingering issues. Petrol could become costlier by about 4 rupees a litre if the government compels oil firms to sell 5% ethanol-blended petrol from next month.
* INFRASTRUCTURE: Five states have so far written to the Department of Industrial Policy and Promotion, requesting it to consider revising the minimum
land requirement for developing a National Manufacturing Investment Zone.National Highways Authority has warned that around 980 bln rupees worth of
premium revenue is in jeopardy after its proposal of rescheduling premium payments from road developers was turned down by the Law Ministry.
* PRIVATE EQUITY: Private equity firm Actis has detected an alleged fraud in one of its investee companies--Super-Max. Around $30 bln worth of private equity investments, that were made in 2005-2007, are stuck due to lack of exit options.
* MEDIA: TRAI has set the minimum security deposit for set-top boxes at 400 rupees, while minimum monthly rental has been set at 32.93 rupees. Broadcasting industry has agreed to abide by a 12-minute limit on advertising per hour of programming starting from Oct 1.
* REGULATORS: RBI has barred banks from lending against gold exchange traded- funds and gold mutual funds. RBI has written to the government seeking restrictions on gold imports on consignment basis by nominated agencies.
* STEEL: Directorate General of Safeguards rejected demand for higher import duty on hot rolled flat stainless steel products of 304 grade of up to 1,625
mm width.
* TAXATION: Government on Monday sent more letters to individuals who are yet to file returns. The difference in levels of computerisation among states may force central government to drop its plans of migrating existing value-added tax regime to the information technology system serving goods and services tax.
