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