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

Budgets are Central affairs that have mostly been monologues. To break this tradition and to include the voices of states and several local industries, Shaktikanta Das, Secretary, Department of Revenue, took a detour to Chennai to interact with business leaders and explain the government’s approach in this year’s budget making. He pointed to the Finance Commission’s suggestion to devolve 42 per cent of Centre’s revenues to states as commendable. “Designing one scheme and expecting it to fit all states do not happen. This gives the discretion  to states to address their own needs,” said Das. “The main aim of the government is to bring in a transformative approach that is transparent and that will set the base for GST. We are taking all steps to positively implement GST by 01 April 2016,” said Das.

 

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