Sunday, Aug 25 2019 | Time 15:33 Hrs(IST)
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Business Economy


HP sings 25 MoUs worth Rs 5000 crore

Shimla, Aug 13(UNI) Himachal Pradesh Chief Minister Jai Ram Thakur said that the state government was committed to make Himachal Pradesh an 'Industrial Hub' of the country for which it was providing several incentives to the potential entrepreneurs. He was addressing the Domestic Road show under the Rising Himachal Global Investor's Meet organised by the Himachal government in association with the CII, Himachal at Chandigarh on Tuesday.
As many as 25 memorandum of understanding (MoUs) worth Rs 5000 crore were signed with various industrial houses in presence of the Chief Minister during the road show. As of now, 296 MoUs worth Rs. 35,231 crore have been signed by the state government prior to the global investor's meet scheduled in the month of November, this year.
The Chief Minister said that the state government conducted three international road shows at Germany, Netherlands and UAE besides five national road shows wherein positive response was received from the
business community. The state received good response in the sectors like manufacturing, food processing, pharmaceutical and tourism. In Netherlands, majority of the investors were interested in food processing, dairy, MSME, research, tourism and wellness and in Dubai, companies showed interest in manufacturing, sports, food processing, logistics, urban development and tourism.
He said that the state government also had meeting with the Ambassadors from 50 countries during Curtain Raiser to the Global Investors meet in Delhi and invited them for the investors meet. He said that this road show held at Chandigarh was aimed at meeting the industry leaders and investors from Haryana, Punjab and Himachal.
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CEAT Limited launches second Truck Service Hub in AP

24 Aug 2019 | 7:11 PM

Kadapa, Aug 24 (UNI) CEAT Limited, a leading Indian tyre manufacturer has launched its second Truck Service Hub (TSH) in this district of Andhra Pradesh.

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Govt withdraws enhanced surcharge on tax payable on transfer of certain assets

Govt withdraws enhanced surcharge on tax payable on transfer of certain assets

24 Aug 2019 | 3:46 PM

New Delhi, Aug 24 (UNI) Tax payable on gains arising from the transfer of derivatives (Future & options) by foreign portfolio investment (FPI) which are liable to special rate of tax under section 115AD of the Act will be exempted from the levy of the enhanced surcharge, government said on Saturday.

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Bullion Market Closing rates

24 Aug 2019 | 3:12 PM

Chennai, Aug 24 (UNI) Following is the bullion markets
closing rate here today.

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BUSINESS-KERALA-RUBBER CLOSING

24 Aug 2019 | 2:46 PM

Kottayam, Aug 24 (UNI) Following were the rubber rates announced
by the Rubber Board here today per quintal
Kottayam
RSS FOUR 14000
RSS FIVE 13600
Kochi
RSS FOUR 14000
RSS FIVE 13600.

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Kozhikode Coir Market

24 Aug 2019 | 2:44 PM

Kozhikode, Aug 24 (UNI) Following were the rates in the
Kozhikode Coir Market today per quintal.

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