Will new tax regime benefit investments in oil & gas sector in India?
Replacing the existing regime of seven-year tax holiday on profits on sale of oil from the oil blocks offered under NELP, energy explorers will get tax incentives based on investments in the ninth round of auctions for oil and gas exploration blocks. The tax benefits will extend to gas exploration as well.
Will this move refrain bidders? Read more…
Cement:December 2010 Quarter Updates
Demand for cement has been weak during the December 2010 quarter. Demand was poor at 5.3% in the December quarter with the exception being October at 18 per cent. This, in turn, was largely due to restocking by agents following poor sales in the preceding four months. Read more…
Transmission: The Weak Link
Power generation capacity has risen from 1,23,901 mw in December 2006 to 1,70,469 mw, as at the end of December 2010. The government claims that a conducive regulatory environment has enabled the sharp increase in share of private sector to 20% compared to 11.6% in December 2006.
Growth in capacity in absolute terms stands at 30%, which means that the compounded annual growth rate (CAGR) is 8.3% during the said period. Read more…
Industry Classification
When we begin industry research. a number of times we wonder how should be segregate the various industry types.
While in India we have NIC which stands for National Industrial Classification based on the United Nations International Standard Industrial Classification (ISIC).
Globally. while reviewing industries or companies. Industry Classification Benchmark is used as a base. Read more…
Coal Production: Target vs Achievement
Coal has been a major laggard among the infrastructure growth drivers. PIB released statistics on production target & achivement till dtae during the ongoing 11th 5-year plan period. Read more…
Go Green: Electric Vehicles Wave in India
Going green is the new matra being followed by automobile makers in India. Development and production of a number of electric vehicles – cars and bikes are on the anvil. Currently, electric two wheeler manufacturers in India include Electrotherm with its Yobykes, Hero Electric, TVS Motor and Oreva. Read more…
Airfares set to rise
The domestic airline industry was barely out of red, and the surge in crude oil prices is dragging it back again.
Aviation turbine fuel (ATF) is the largest cost for any airline company, accounting for nearly 40% of operating expenses. ATF prices were higher by 30% at the end of February 2011 compared to the year-ago level. It is nearly 10% higher than the average price levels in January 2011. Read more…
Infrastructure Gets A Firm Push
Infrastructure development in India faces both financing as well as non-financing constraints. In the Economic Survey for 2010-11, the government has highlighted the need to address the following non-financing constraints that are leading to time and cost over-runs: Read more…
Understanding the Balance Sheet
A nice explanation on the various components of the balance sheet. Read