The Telegraph
Wednesday , January 9 , 2013
Since 1st March, 1999
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Business Briefs

Bengal industry policy

Calcutta, Jan. 8: Saugata Roy, member of the Bengal chief minister’s advisory council for industry and IT, said he was looking to submit his suggestions on a new industrial policy to chief minister Mamata Banerjee tomorrow. He has put emphasis on MSMEs that require less land and employ more and has suggested utilising surplus land of sick industries for industrial purposes.

Nokia unit

New Delhi, Jan. 8: The income-tax department today conducted “survey operations” in the Chennai factory of cellphone major Nokia and its Gurgaon corporate headquarters on charges of alleged tax evasion.

Versace deal

New Delhi, Jan. 8: Italian luxury clothing and accessories firm Versace has entered into an exclusive partnership with Majgenta Fashions to tap the retail market in India.

PSU listing

New Delhi, Jan. 8: The government should look at listing 50 state-owned companies in the next five years, a report by a Planning Commission committee, headed by former SAIL chairman S.K. Roongta, on CPSE reforms has said.

Sahara plea

New Delhi, Jan. 8: Sahara group firms, which have been directed by the Supreme Court to refund Rs 24,000 crore with 15 per cent interest to its investors, today filed another application seeking time till February 20 to submit documents related to debentures to Sebi.