* AVIATION: Air India will start non-stop direct flights from New Delhi to Sydney and Melbourne from Aug 29.
* BROADCASTING: The tussle between advertisers and broadcasters is likely to end as the latter have agreed to switch back to weekly ratings from monthly ratings.
* COAL: The Supreme Court will on Sep 10 start the final hearing on the legality of allocations of coal blocks and pleas to cancel the allocations if required.
* CORPORATE: Tata Sons has appointed top marketing strategist Nirmalya Kumar as member of the group executive council.
* DIVESTMENT: Department of Disinvestment is examining options to make six loss-making state-owned companies compliant with the minimum 10% public shareholding norm.
* ECONOMY: A fall in inflation rate and stability in exchange rate will give room to RBI to cut interest rates further, Raghuram Rajan said.
* FINANCE: Supreme Court has directed that all cases related to refund of debentures by two Sahara group companies, going on in high courts or Securities Appellate Tribunal, be transferred to itself. The first three-day special repo window to enable banks to meet the liquidity requirements of mutual funds will be held on Thursday.
* FOOD: Cabinet Committee on Economic Affairs has approved an additional allocation of 5 mln tn of food grains for below-poverty line families.
* INFRASTRUCTURE: The road transport ministry is approaching Cabinet secretary Ajit Seth for help in securing land for a dozen major highway projects.
* GOVERNMENT: Department of Revenue has asked the Committee on Duty Drawback Scheme to assess the impact of rupee depreciation on exporters. Petroleum minister said the government would protect the fertiliser sector's requirement for natural gas and try to ensure availability of more gas to the power sector.
* MINING: The Supreme Court has refused to grant an early date for hearing of the case pertaining to the ban on iron ore mining ban in Goa .
* ENERGY: Oil minister assured upstream oil companies that he would do everything possible to ensure that their concerns on sharing of fertiliser subsidies are taken care of. The government has decided not to divest supply of domestic gas from politically sensitive urea manufacturers to the fuel-starved power sector in an election year.
* PHARMA: The Central Board of Excise and Customs may exempt pharmaceutical and chemical companies from paying excise on already manufactured essential drugs.
* REGULATORS: Former RBI Governor Bimal Jalan allayed market fears that the regulator had weakened growth prospects in its pursuit of a stable rupee. In a bid to give more power to the Securities and Exchange Board of India to crack down on ponzi schemes, the Cabinet has given its approval to bring in an ordinance to amend the Securities and Exchange Board of India Act.
* RETAIL: Italian high-end accessories brand Furla plans to expand its presence in the Indian market once the government clears its joint venture with Genesis Luxury Fashion.
* STEEL: ArcelorMittal has junked its plan to construct a 12-mln-tn integrated steel plant and a captive power plant in Odisha due to delays in land acquisition and in securing captive iron ore allocation.
* TELECOM: The Department of Telecommunications has defended A Raja's decision to allow 2G intra circle roaming pacts.
* BROADCASTING: The tussle between advertisers and broadcasters is likely to end as the latter have agreed to switch back to weekly ratings from monthly ratings.
* COAL: The Supreme Court will on Sep 10 start the final hearing on the legality of allocations of coal blocks and pleas to cancel the allocations if required.
* CORPORATE: Tata Sons has appointed top marketing strategist Nirmalya Kumar as member of the group executive council.
* DIVESTMENT: Department of Disinvestment is examining options to make six loss-making state-owned companies compliant with the minimum 10% public shareholding norm.
* ECONOMY: A fall in inflation rate and stability in exchange rate will give room to RBI to cut interest rates further, Raghuram Rajan said.
* FINANCE: Supreme Court has directed that all cases related to refund of debentures by two Sahara group companies, going on in high courts or Securities Appellate Tribunal, be transferred to itself. The first three-day special repo window to enable banks to meet the liquidity requirements of mutual funds will be held on Thursday.
* FOOD: Cabinet Committee on Economic Affairs has approved an additional allocation of 5 mln tn of food grains for below-poverty line families.
* INFRASTRUCTURE: The road transport ministry is approaching Cabinet secretary Ajit Seth for help in securing land for a dozen major highway projects.
* GOVERNMENT: Department of Revenue has asked the Committee on Duty Drawback Scheme to assess the impact of rupee depreciation on exporters. Petroleum minister said the government would protect the fertiliser sector's requirement for natural gas and try to ensure availability of more gas to the power sector.
* MINING: The Supreme Court has refused to grant an early date for hearing of the case pertaining to the ban on iron ore mining ban in Goa .
* ENERGY: Oil minister assured upstream oil companies that he would do everything possible to ensure that their concerns on sharing of fertiliser subsidies are taken care of. The government has decided not to divest supply of domestic gas from politically sensitive urea manufacturers to the fuel-starved power sector in an election year.
* PHARMA: The Central Board of Excise and Customs may exempt pharmaceutical and chemical companies from paying excise on already manufactured essential drugs.
* REGULATORS: Former RBI Governor Bimal Jalan allayed market fears that the regulator had weakened growth prospects in its pursuit of a stable rupee. In a bid to give more power to the Securities and Exchange Board of India to crack down on ponzi schemes, the Cabinet has given its approval to bring in an ordinance to amend the Securities and Exchange Board of India Act.
* RETAIL: Italian high-end accessories brand Furla plans to expand its presence in the Indian market once the government clears its joint venture with Genesis Luxury Fashion.
* STEEL: ArcelorMittal has junked its plan to construct a 12-mln-tn integrated steel plant and a captive power plant in Odisha due to delays in land acquisition and in securing captive iron ore allocation.
* TELECOM: The Department of Telecommunications has defended A Raja's decision to allow 2G intra circle roaming pacts.
