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