* AUTO: American carmaker Ford Motor is targeting women customers with a specially-crafted automatic petrol variant to drive sales of its super compact Eco Sport SUV, the most anticipated launch in the Indian car market, scheduled next week.
* COAL: The government has proposed to consider Indonesian coal prices in determining tariffs of imported coal-based power plants which may help companies
like TATA POWER, RELIANCE POWER and ADANI POWER in recovering fuel costs. The Central Electricity Regulatory Commission has proposed a modified composite index on payments for imported coal.
* CONGLOMERATE: Tata Sons Director R.K. KrishnaKumar is set to retire by next month paving way for restructuring of the boards of holding companies Tata Sons and Tata Industries.
* EXCHANGE: The BSE has shifted 28 stocks to the trade-to-trade segment, effective Friday.
* GOVERNMENT: Has signed a $255-mln loan agreement with the World Bank for the National AIDS Control Project. Government has extended the ban on import of milk, milk products from China by one year. The Planning Commission has approved an annual plan size of 590 bln rupees for Gujarat , 5 bln rupees more than the amount the state had sought from the panel.
-A high-level government panel has recommended large companies compulsorily source 30% of manufactured products from micro, medium, and small scale
enterprises.
-The Department of Industrial Policy and Promotion is likely to move a Cabinet note to address it by clubbing the definition of 'effective control' and 'control'.
* INDUSTRY: Small Industries Development Bank of India will make equity investments worth 10 bln rupees in micro, small and medium scale industries in 2013-14 (Apr-Mar).
* INFORMATION TECHNOLOGY: Gartner Inc expects worldwide government spending on information technology to be 0.1% on year lower in 2013.
* INFRASTRUCTURE: The cabinet secretariat is launching a portal where companies can upload rudimentary details about their projects, and specific government clearances at the state or central levels holding them up.
* INSURANCE: Life Insurance Corp has set up two groups to look into various issues including investment strategy, marketing and review of its international operations and subsidiaries.
* INVESTMENT: Economic Affairs Secretary Arvind Mayaram said he has submitted the report on relaxing foreign direct investment limits in various sectors.
* MONSOON: India Jun 1-18 rainfall 124.3 mm, 58% above normal said India Meteorological Department. India Jun 18 rainfall 11.3 mm, 90% above normal, it said.
* POLITICS: Refuting media reports, the Gujarat government said Chief Minister Narendra Modi will not visit the disputed Ram Janmabhoomi site in Ayodhya, Uttar Pradesh, this month.
* REALTY: Demand for rented homes has halved and rents are down 25% in Mumbai, Delhi , and Bengaluru as India Inc tightens housing budgets in its battle against economic slowdown.
* TELECOM: The telecom department is probing the amalgamation of seven UNITECH GROUP companies into Unitech Wireless for possible breach of norms that forbids change in equity structure.
* TRANSPORT: India 's May rail freight traffic stood at 88.19 mln tn, up 4.8% on year.
* COAL: The government has proposed to consider Indonesian coal prices in determining tariffs of imported coal-based power plants which may help companies
like TATA POWER, RELIANCE POWER and ADANI POWER in recovering fuel costs. The Central Electricity Regulatory Commission has proposed a modified composite index on payments for imported coal.
* CONGLOMERATE: Tata Sons Director R.K. KrishnaKumar is set to retire by next month paving way for restructuring of the boards of holding companies Tata Sons and Tata Industries.
* EXCHANGE: The BSE has shifted 28 stocks to the trade-to-trade segment, effective Friday.
* GOVERNMENT: Has signed a $255-mln loan agreement with the World Bank for the National AIDS Control Project. Government has extended the ban on import of milk, milk products from China by one year. The Planning Commission has approved an annual plan size of 590 bln rupees for Gujarat , 5 bln rupees more than the amount the state had sought from the panel.
-A high-level government panel has recommended large companies compulsorily source 30% of manufactured products from micro, medium, and small scale
enterprises.
-The Department of Industrial Policy and Promotion is likely to move a Cabinet note to address it by clubbing the definition of 'effective control' and 'control'.
* INDUSTRY: Small Industries Development Bank of India will make equity investments worth 10 bln rupees in micro, small and medium scale industries in 2013-14 (Apr-Mar).
* INFORMATION TECHNOLOGY: Gartner Inc expects worldwide government spending on information technology to be 0.1% on year lower in 2013.
* INFRASTRUCTURE: The cabinet secretariat is launching a portal where companies can upload rudimentary details about their projects, and specific government clearances at the state or central levels holding them up.
* INSURANCE: Life Insurance Corp has set up two groups to look into various issues including investment strategy, marketing and review of its international operations and subsidiaries.
* INVESTMENT: Economic Affairs Secretary Arvind Mayaram said he has submitted the report on relaxing foreign direct investment limits in various sectors.
* MONSOON: India Jun 1-18 rainfall 124.3 mm, 58% above normal said India Meteorological Department. India Jun 18 rainfall 11.3 mm, 90% above normal, it said.
* POLITICS: Refuting media reports, the Gujarat government said Chief Minister Narendra Modi will not visit the disputed Ram Janmabhoomi site in Ayodhya, Uttar Pradesh, this month.
* REALTY: Demand for rented homes has halved and rents are down 25% in Mumbai, Delhi , and Bengaluru as India Inc tightens housing budgets in its battle against economic slowdown.
* TELECOM: The telecom department is probing the amalgamation of seven UNITECH GROUP companies into Unitech Wireless for possible breach of norms that forbids change in equity structure.
* TRANSPORT: India 's May rail freight traffic stood at 88.19 mln tn, up 4.8% on year.
