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