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Heatkraft launches Excelsior Correspondent JAMMU, Jan 8: Faber Heatkraft Industries Ltd a joint venture of Rs 900 crores giant Faber SpA of Italy & Heatkraft of Pune, now take another giant leap forward with....more Cabinet
approves NEW DELHI, Jan 8: Cabinet today approved the recommendations made by the experts ....more Silver
shoots up on NEW DELHI, Jan 8: In an otherwises steady bullion market today, silver prices shot up on emergence...more India
earns Rs 50 cr CHAPRA, Jan 8: India earns foreign exchange worth Rs 50 crore from milk production, which has reached 85 million...more |
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Bentex launches steel,
rodium plated watches Excelsior Correspondent JAMMU, Jan 8: Bentex well known for their gold plated wrist watches has now launched an exclusive and premium collection of....more PC
sales hit by NEW DELHI, Jan 8: Hit hard by the current economic slowdown, Personal Computer sales declined by four per .....more Last date for filing Income Tax extended to March 31 NEW DELHI, Jan 8: Government today extended the last day for filing Income Tax under the "one-by-six" scheme to... more NEW DELHI, Jan 8: The Central Board of Direct Taxes (CBDT) today extended the date of filing the return of income under . ....more |
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Heatkraft launches Cooking range with self cleaning oven Excelsior Correspondent JAMMU, Jan 8: Faber Heatkraft Industries Ltd a joint venture of Rs 900 crores giant Faber SpA of Italy & Heatkraft of Pune, now take another giant leap forward with the launch of its international quality premium "Cooking range with Self Cleaning Oven" for the first time in India. This world class easy to maintain and easy to handle cooking range has various other unique features which make it an integral part of every modern kitchen. Specially designed for the Indian kitchens and Indian way of cooking as it involves lot of oil and spices, the "self cleaning oven" helps in keeping the food nutritious by keeping the oven chamber clean and insect free. Available in two different models of FH 6464 and 6450, the "Cooking range with Self Cleaning Oven" is available at all the leading kitchen appliances stores in J&K. "Jodi mein Ek Free" the scheme of Faber where by it is offering two products like gas hob and a chimney range with self cleaning oven makes the offer more lucrative. It is available with free kitchen chimney worth Rs 12,990. This scheme of the company is getting a stupendous response in the market, resulting in approximately 100 percent growth in the overall sales of the company in last three months. According to Mr Pralhad Bhutada, Managing Director , Faber Heatkraft Industries Ltd innovation in technology,style and designs is an ongoing process at Faber Heatkraft. He said we always strive to introduce the products which meet the stringent international norms at an attractive and affordable price.
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Cabinet approves auto fuel policy NEW DELHI, Jan 8: Cabinet today approved the recommendations made by the experts committee on ‘auto fuel policy’ which entails implementation of Bharat Stage II (Euro-II) vehicle emission norms in the country by April 1, 2005, a move that would involve an investment of Rs 17,000 crore by the oil industry. The cabinet also decided to authorise the concerned ministries/departments to take steps for implementation of recommendations made by the committee, Parliamentary Affairs Minister Pramod Mahajan told reporters after the cabinet meeting here. The committee headed by Dr R A Mashelkar, Director General, Council of Scientific and Industrial Research, which submitted its report to Government on January 1, 2002, had recommended that Bharat Stage-II (Euro-II) norms, presently in force in four metros, be introduced in Bangalore, Hyderabad and Ahmedabad by end-2003 and the entire country from April 1, 2005, he said. Euro-III equivalent emission norms for all categories of vehicles (excluding two and three wheelers) should be introduced in Delhi, Mumbai, Chennai, Kolkatta, Bangalore, Hyderabad and Ahmedabad from April 1, 2004 and extended to other parts of the country from 2010, Mahajan said. "The choice of fuel and vehicular technology would be left to the owners and operators of vehicles with Government prescribing only the vehicular standards," the Minister said.(PTI) |
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Silver shoots up on stockists buying NEW DELHI, Jan 8: In an otherwises steady bullion market today, silver prices shot up on emergence of stockists buying influenced by higher overseas advises and closed with handsome gains. Prices of gold and silver coins continued to be asked at previous levels in restricted deals. Marketmen said hectic buying by stockists in silver mainly pushed up the prices to recent higher levels. They said reports of a steep hike in silver prices in the international markets pushed up the prices. Silver in other asian markets was quoted higher at 4.75 us dollar an ounce. Gold prices remained steady following a similiar trend in overseas markets where it was set around 278 us dollar like it did in London last night. Silver ready shot up by Rs.65 at Rs.7685 per kilo and weekly-based delivery by a same margin at Rs.7675 per kilo. Silver coins were unchanged at Rs.11,500/11,600 per 100 piecs. Standard gold and ornaments were continued to be asked at last levels of Rs.4640 and Rs.4490 per ten gram respectively. Sovereign was also unchanged at Rs.3800 per piece of eight gram in limited deals. The following were today’s quotations: silver ready 7685 and delivery 7675. Silver coins buyer 11,500 and seller 11,600 standard gold 4640, ornaments 4490 and sovereign 3800. (PTI) |
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India earns Rs 50 cr from milk productions CHAPRA, Jan 8: India earns foreign exchange worth Rs 50 crore from milk production, which has reached 85 million tonne compared to 17 million tonne during the fifties, according to Bihar Assembly Speaker Sada Nand Singh. Laying the foundation stone of the Rs 67 lakh milk chilling plant at Chapra Sadar block yesterday, Mr Singh urged the youth to invest in the milk business and advocated for establishing chilling plants in villages also for self-reliance. The Speaker said fruit and vegetable-based industries should also be promoted. He stressed upon the need for restarting the closed sugar and jute mills and urged the Government to work in this direction. He lamented that fund on plannings in Bihar was meager compared to other states and the centre should follow a uniform policy. Stress on agriculture and agriculture-based industries could help put the state on the path of development, he said adding that politicians and social workers must come forward with development-oriented approach by rising above politics. He said criminalisation of politics must be stopped and every party was positively thinking in this direction. District Magistrate Pankaj Kumar assured the completion of the plant within 120 days. (UNI) |
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Bentex launches steel, rodium plated watches in J&K Excelsior Correspondent JAMMU, Jan 8: Bentex well known for their gold plated wrist watches has now launched an exclusive and premium collection of steel and Rodium plated formal wrist watches with requisite looks , elegant styles and international quality for both men and women. The elegantly designed sleek steel collection in metal and leather strap is a perfect amalgamation of beauty and technological advancement and is ideal for young corporate executives, college students, party goers and for those who are always looking for some thing new, exciting and yet very stylish. Crafted exclusively and distinctively for discerning men and women every piece of the steel collection spells a fashion statement for the wearer. With a total of over 100 models , Bentex now has the complete repertoire of chic looking and stylish metal watches to suit all moods , sizes, ages and occasions be it formal or casual. Priced in the range of Rs 1500 to Rs 3500 Bentex’s steel and Rodium plated collection is available at all leading watch outlets in J&K. According to Mr Satinder Singh Wadhwa, Director, M P India Enterprises Pvt Ltd the North India distributor for Bentex, "Keeping in mind the requirements of the market and after getting the stupendous response for its gold plated collection, Bentex has unveiled its steel collection, the USP which has the elegant designs, international quality and is available at affordable prices. He said the trend world wide is changing and India is no exception to that. Watches are no more a mere commodity, they are fashion statements and the status symbol. |
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PC sales hit by economic slowdown NEW DELHI, Jan 8: Hit hard by the current economic slowdown, Personal Computer sales declined by four per cent during the first half of the current fiscal at 8.03 lakh, according to a performance review for the period by Manufacturers’ Association of Information Technology (MAIT). The Association has also revised sales projection for 2001-2002 to 1.65 million units from 2.45 million units. Personal computer sales had registered a growth of 34 per cent in 2000-2001 over 1999-2000. During the first half of this fiscal, lesser known regional brands and unbranded systems accounted for 44 per cent of PC sales, while MNC brands maintained a robust performance with a market share of 36 per cent and Indian brands accounted for 20 per cent of the market. Both Indian and MNC brands posted an increase in their market share during the period over the corresponding period in the previous year, the review showed. (PTI) |
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Last date for filing Income Tax extended to March 31 NEW DELHI, Jan 8: Government today extended the last day for filing Income Tax under the "one-by-six" scheme to March 31, 2002 from the previous last date of November 30, 2001. The Central Board of Direct Taxes (CBDT) said that many people, especially in the new urban centres, did not file their return of income under the one-by-six scheme by November 30 due to lack of awareness, despite having legal liability to do so. "If the return under the scheme is filed by March 2002 voluntarily, no penalty will be imposed. The section 271f of the Income Tax act provides for imposition of a penalty of Rs 5,000 for failure to file tax returns in time," CBDT said in a statement here. CBDT extended the date in order to mitigate the hardships caused due to large number of persons who failed to file the Income Tax return by November 2001. CDBT extended the one-by-six scheme to 4989 urban centres this fiscal as against only 133 centres last fiscal. (PTI) |
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NEW DELHI, Jan 8: The Central Board of Direct Taxes (CBDT) today extended the date of filing the return of income under one-by-six scheme by March two, 2002. The last date for filing of the returns under the scheme was November 30, 2001. A Finance Ministry release stated that the department had extended the operation of the scheme to 4989 new urban centres in the current assessment year as against 133 centres to which the scheme was applicable till last year. Many people, especially in the new urban centres, did not file their returns due to lack of awareness, despite having a legal liability to do so. The Income Tax Act provides for an imposition of a penalty of Rs five thousand for failure to file the return in time. The CDBT order under section 119(1) of the Income Tax Act has been issued to mitigate the hardships which will be caused to the large number of people who failed to file the return by November 30, 2001, the release added. (UNI) |
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