* AVIATION: Airports in Chennai, Lucknow , Kolkata, Ahmedabad, Guwahati and Jaipur, identified for privatisation in the current fiscal, are likely to see fresh investment of 42.5 bln rupees.
* COAL: Vedanta Group is looking at coal mines in India to complete its portfolio.
* COMPANIES: Winsome Group has requested its consortium of lenders to give a special dispensation for restructuring its 60-bln-rupee loan.
* COMMODITIES: Income Tax Department has begun issuing fresh demand notices to co-operative sugar mills in Maharashtra for paying cane prices over and above the fair and remunerative price.
* ENERGY: India is set to start electricity export to Bangladesh next week when the two countries inaugurate a 500-KV transmission line. Troubled by huge unpaid bills against power sales to Jharkhand, DamodarValley Corp may shut down part of its 5,700 MW thermal power plant capacity next month.
* FINANCE: Companies issuing preference shares and warrants to foreign investors will soon not require prior permission through the Foreign Investment Promotion Board. Life Insurance Corp of India is subscribing to debt instruments of private sector companies at a time when banks are struggling with liquidity in a slowing economy. Loans worth 64.92 bln rupees were referred to the corporate debt restructuring cell in September.
* HIGHWAYS: The National Highways Authority of India has sent a proposal to the Ministry of Road Transport and Highways to remove the toll plaza from the Delhi- Gurgaon Expressway, and hand over to it the control of the road.
* REAL ESTATE: Supreme Court has upheld Bombay High Court's verdict that asked builders to pay 5% value added tax for sale of under-construction houses between 2006 and 2010 in Maharashtra . The real estate fund of Morgan Stanley has abandoned plans to invest nearly $200 mln in an upcoming commercial real estate project in Mumbai after the rupee's recent plunge against the dollar.
* RAILWAYS: Board plans to introduce tatkal quota in first-class air-conditioned coaches to cater to people who are unable to get flight tickets at the last minute.
* REGULATORY: SEBI has decided to streamline and simplify stock exchanges' investor grievance redressal mechanism by reducing the timeline of proceedings
and providing upfront monetary relief to small investors who have claims of less than 1 mln rupees. Reserve Bank of India might crack a whip on home loan roducts offering cashback facility or EMI waiver.
* RETAIL: Hettich India plans to invest 5 bln rupees in five years to capitalise on the growing domestic demand and make the country a global manufacturing hub
for its parent. Future Group will look at offloading stake in three of its fashion brands Clarks , Celio and Turtle.
* TELECOM: Tata Teleservices , Russia 's Sistema JSFC, and Aircel are in exploratory talks for a three-way merger to create India 's third-largest telecom company by subscribers. Khaitan Holdings Mauritius, an investor in Loop Telecom, is likely to initiate international arbitration against the government on Monday.
* COAL: Vedanta Group is looking at coal mines in India to complete its portfolio.
* COMPANIES: Winsome Group has requested its consortium of lenders to give a special dispensation for restructuring its 60-bln-rupee loan.
* COMMODITIES: Income Tax Department has begun issuing fresh demand notices to co-operative sugar mills in Maharashtra for paying cane prices over and above the fair and remunerative price.
* ENERGY: India is set to start electricity export to Bangladesh next week when the two countries inaugurate a 500-KV transmission line. Troubled by huge unpaid bills against power sales to Jharkhand, DamodarValley Corp may shut down part of its 5,700 MW thermal power plant capacity next month.
* FINANCE: Companies issuing preference shares and warrants to foreign investors will soon not require prior permission through the Foreign Investment Promotion Board. Life Insurance Corp of India is subscribing to debt instruments of private sector companies at a time when banks are struggling with liquidity in a slowing economy. Loans worth 64.92 bln rupees were referred to the corporate debt restructuring cell in September.
* HIGHWAYS: The National Highways Authority of India has sent a proposal to the Ministry of Road Transport and Highways to remove the toll plaza from the Delhi- Gurgaon Expressway, and hand over to it the control of the road.
* REAL ESTATE: Supreme Court has upheld Bombay High Court's verdict that asked builders to pay 5% value added tax for sale of under-construction houses between 2006 and 2010 in Maharashtra . The real estate fund of Morgan Stanley has abandoned plans to invest nearly $200 mln in an upcoming commercial real estate project in Mumbai after the rupee's recent plunge against the dollar.
* RAILWAYS: Board plans to introduce tatkal quota in first-class air-conditioned coaches to cater to people who are unable to get flight tickets at the last minute.
* REGULATORY: SEBI has decided to streamline and simplify stock exchanges' investor grievance redressal mechanism by reducing the timeline of proceedings
and providing upfront monetary relief to small investors who have claims of less than 1 mln rupees. Reserve Bank of India might crack a whip on home loan roducts offering cashback facility or EMI waiver.
* RETAIL: Hettich India plans to invest 5 bln rupees in five years to capitalise on the growing domestic demand and make the country a global manufacturing hub
for its parent. Future Group will look at offloading stake in three of its fashion brands Clarks , Celio and Turtle.
* TELECOM: Tata Teleservices , Russia 's Sistema JSFC, and Aircel are in exploratory talks for a three-way merger to create India 's third-largest telecom company by subscribers. Khaitan Holdings Mauritius, an investor in Loop Telecom, is likely to initiate international arbitration against the government on Monday.
