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Hero Motocorp - smooth ride An American alliance in the chemical industry? Indigo stays leader with 40 per cent share Secured NCDs from Shriram City Murugappa- a year of consolidation European crisis is a global crisis! Veritas Finance- financing the unfinanced Hyundai excites again AirAsia India infuses funds to fight out competition Celebrating 180 years of relevance TCS’ revenues cross Rs 100,000 crore IFCI to raise NCDs upto Rs 2000 crore Make way for the new and dynamic railways Chola MS net crosses 100 crores Striking cords for 25 years… Rating of states to be released soon TVS Logistics – another acquisition to sharpen the business model Waste, a gold mine Economic, business and social sustainability Purdue and IIT-M sign the dotted line OBO Bettermann for better lightning protection Celebration time at MS Chola CUB: towards card-less withdrawal Adding Zest to Scooty Well-refined – RIL’s refinery margins zoom More gensets and diesel engines from TAFE Blue Star plans a new plant in south ALL-two launches in a row A global plastic event in India World labour laws at a glance Brand leaders come forward... STFC raises money ALL – truck industry is recovering from degrowth Gem of social service... LVB gears to become a financial supermarket Illicit markets a concern to growing economy Durga - India’s largest blast furnace; now operational Economic issues take a back seat at G20 summit Placing the right shoe forward... Business Breif Inclusive and forward moving... Industry-well poised to invest on expansion Apple maps – finding its way Downsizing spree... Chennai Port is at last decongested! TII’s single largest investment at Thiruthani Business Briefs Realising double digit growth in Tamil Nadu Changing dynamics in human resource management Bridging the skill deficit in pharma industry Scoot offers just Rs.13,500 to ANZ... Housing Innovation Challenge, 2015 Three more leather clusters… Tata Steel commence operations at Kalinganagar Four daughters and a proud father Towards peace of mind WABCO’s second Chennai plant Reality bytes The new look- 4s Verna Curbing steel imports will hurt small business... Schwing Stetter India joins hands with US-based Gomaco Chennai to get a roundabout Metro TOP 10 CEO Compensation Indian Bank – global businesses crosses Rs 3 lakh crore... Innovation that helped Chennai port Investor friendly Japan Techies trip to India TII-challenging year with flat growth ALL to launch electric busses ISRO's 100th mission - Realty sector takes a break... Sun Edison launches solar pumps Applauding enterprise... TN budget pragmatic and moderate on fiscal deficit Nigeria comes nearer Time to fast-pace the logistics sector BRICS development bank Connecting the unconnected Focus on self-certification and third party inspection Strategy war escalates between Hero and Honda Creating Tamil Nadu Banana brand Auto test tracks launched at GARC Oragadam campus Climate change may change the way businesses work... Chola MS launches motor app Airlines wage price war TiE applauds innovative entrepreneurs Backpack laboratory SumInfra- corridor based development... Pharma market dozes Big-ticket investments march towards Punjab Is Indian telecom industry heading for a monopoly? People Flow Day- Safety An aerospace-defence cluster in Tamil Nadu… Smart controls for cooling large multi-zone spaces ... Holiday Inn opens in OMR Chennai Research needs more funding Automotive Vision Plan II... Digital retail transactions stabilise at higher level… Dynamic e-commerce scenario Chennai will soon get its World Trade Centre Need to focus on ease of doing business... Nothing to hide... Carrefour’s quick exit ECGC expands operations On the ‘milky’ way Ridley marathon to India When Centre visits the state Steel loses its sheen Flexible labour laws…
 
Rating of states to be released soon

Though Tamil Nadu lacks in natural resources, its manufacturing sector is quite strong. With problems of power, increasing land and labour costs, the state had missed its competitive edge.

Madras Chamber of Commerce and Industry along with Athena Infonomics have done a detailed study interacting with industries on several operational issues that affected businesses. Major concerns of the industry include the Factories and Contract Labour Acts and the various issues related to tax assessment. “The report is prepared with inputs from industries in the automobile, textile, chemicals and leather and pharma,” said Deepa Karthykeyan, director, Athena Infonomics.

Arun Maira, member, Planning Commission, unveiling the report suggested that the chambers should bring together all stakeholders on a common platform and discuss finding a solution to issues rather than requesting for new laws.

Planning Commission, with the help of some consulting firms, are preparing a detailed report on the ease of doing business in each state in India. “Based on the survey report the states are mapped on a spider diagram. This will help a state to assess its position with respect to various parameters and will point to things that they need to improve,” said Maira. The rating is to be done every year and it will help assess which state has taken steps to improve itself in comparison to the previous year.

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