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Exempt service tax on power transmission: Gujarat Minister
The Gujarat government has requested the Union Finance ministry to exempt electricity transmission from service tax and keep transmission charges outside the purview of TDS, a senior state minister said.

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Self-made water woes
Business Standard / New Delhi December 30, 2009, 0:57 IST

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Another attack on Indian in Australia
In yet another attack on Indian students here, a 22-year-old youth was punched on his face by a group of Australians, who also told the victim that "in this place there is no home for you".
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SRF to widen technical textiles portfolio

SRF Ltd, a leading manufacturer of technical textile products, is planning to add to its product portfolio by entering the lamination fabric industry. The company, which primarily relies on manufacture of nylon tyre cord, wishes to reduce its dependence on this. - SRF Polymers Q2 net loss at Rs 93 lakh - Moving on - SRF commissions polyester ind yarn project - SRF June qtr net jumps two fold at Rs 92 cr - NEWSALERT: SRF to consider buyback - SRF promoters pledge 29% stake with lenders SRF will be the first organised player to enter the lamination fabric industry and expects its revenues from technical textiles to increase exponentially. Technical textiles as a whole account for half the revenues, of which 85 per cent come from the tyre cord business. “We are trying to enhance our product portfolio. There is enormous opportunity for laminated fabric in the signage industry as most of the fabric is imported from China and Korea,” said Ashish Bharat Ram, managing director of SRF Ltd. The company is in the process of building a lamination factory in Kashipur, Uttarakhand, at an investment of Rs 60 crore.


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