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Power lobby

Power lobby

Stemming largely from the super-aggressive, market-undercutting (by more than 20 per cent) Chinese manufacturers who are taking advantage of a duty-free import policy, the Indian power equipment industry stumbles and reels in its own backyard.

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Rs 200 cr for Chakan airport

Rs 200 cr for Chakan airport

The Union ministry of civil aviation has sanctioned Rs 200 crore for Chakan International Airport in Pune district, which will now come up on a 700-hectare site adjacent to the one earlier proposed.

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Income tax holiday:  Eligibility for infra developers demystified

Income tax holiday: Eligibility for infra developers demystified

Infrastructure developers are eligible for a tax holiday for 10 years, and the government has permitted a looser interpretation for the benefit of infrastructure. Vishal Shah and Bijal Desai refer to relevant court and tribunal cases and explain the more nebulous of the tax holiday eligibility clauses.

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Unity Infra bags orders

Unity Infra bags orders

Unity Infraprojects has bagged orders worth Rs 403 crore. These include Rs 135.28 order from Rail Vikas Nigam Kolkata, Rs 83.81-crore contract from Sardar Sarovar Narmada Nigam, Gujarat,