International Chamber of Commerce (ICC) and another industry body BIAC want to engage with the Finance Ministry to workout a solution to the issue.
The decision was taken in the meeting of Expert Appraisal Committee held recently.
Leading engineering major Larsen & Toubro today said that it has commissioned the country's largest solar photovoltaic power plant of Reliance Power in Rajasthan with a capacity to generate 40 MW of power.
Prime Minister Manmohan Singh held talks with Qatar's Emir Sheikh Hamad bin Khalifa al-Thani on a range of issues, including boosting trade and investment as well as energy ties between the two countries.
ONGC intends to take such UCG projects to other parts of Gujarat and Rajasthan provided the pilot project takes off.
There was a time when gold jewellery or diamonds and other precious stones were only bought from the trusted family jeweller. Now the trend is changing, with more people open to buying jewellery online.
The programme is part of Wal-Mart's Global Women's Economic Empowerment Initiative.
The unemployment rate of Canada is now down to 7.2 percent. Of the total new positions added, full-time jobs make up 70,000, Xinhua cited the agency as saying.
Allowing foreign airlines to pick up stake in Indian carriers would mark a major policy shift.
RIL-BP propose to drill one gas production well on the MA oilfield in the eastern offshore or KG-D6 block besides intervention of jobs in at least two of the existing six wells on the fields, sources privy to the development said.
Infosys plans to set up more than 1 million sq. ft. of built-up space and to create employment for 10,000 engineers in the Technocity campus.
The new chief will take over at a time when the mining monolith is battling a heap of problems.
In 2011-12, the unit achieved an all-time high turnover of Rs 14,600 crore and contributed almost one-third of the total BHEL corporate's revenue of Rs 49,301 crore.
CIL shares opened weak and then fell 2.26 percent to an early low of Rs 335 on the BSE. It was later trading at Rs 341.40, down by 0.39 percent on the BSE at 1057 hours.
Trade journal The Grocer said Mexico and India have suffered poor crops this year. That has paved the way for traders to stock up early on the unaffected crop from Madagascar which produces around 2,000 tonnes of black vanilla a year.
The 30-year-old Swiss hospitality brand is targeting 50 hotels in the 3 star, 4 star and 5 star categories across India and South Asia by 2017. About 6,000 hotel rooms will be added, company officials said.
Since inception, SAIL has paid Rs 9,392 crore dividend, including Rs 8,092 crore to the government, besides Rs 1,342 crore dividend tax.<br /><br />
John Culver, president of Starbucks China and Asia Pacific, said the coffee chain was planning to move faster into smaller cities in the second largest economy in the world, <em>People's Daily</em> reported Tuesday.
While many youngsters looked down upon coconut plucking as a less-esteemed career, Selvin from Changanassery has opted for it with "career pride and pleasure"
Piramal Healthcare sees a timeline of three to four years for the first two molecules to get commercialised
IVRCL Group on Monday said it had bagged orders worth Rs 4,081 crore in buildings, transportation and thermal power plant segments.
Analysts said Ranbaxy would have to boost sales for the operation to become cost effective.
Great demand for the Beat and Tavera has boosted our performance in General Motors in March.
With the launch of operation in Qatar, HCL Infosystems Middle East and Africa (MEA) aims at establishing a foothold to fully implement its expansion plans in the region.
he company, however, has also said the demand next month could be impacted due to the increase in excise duty, registration tax and VAT
Foxconn Technology Group will keep increasing worker salaries in China and cutting work hours, Chairman Terry Gou said on Sunday, after it came under fire for poor working conditions for employees making Apple iPhones and iPads.
During January-March period of 2012, the luxury car maker sales rose by 41 per cent to 2,269 units from 1,611 units in the year-ago period
Jim Yong Kim, a physician and anthropologist, was named by the Obama administration in March as the US pick to succeed Robert Zoellick when he steps down in June.
The Rs 8,300-crore expansion of the Vadinar oil refinery in Gujarat will boost Essar Oil's turnover by 30-35 percent and improve margins.
Adani Ports and Special Economic Zone has raised $1.25 billion in non-recourse funding from a group of Australian and Asian lenders to help refinance a $2 billion bridging loan due in May.