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Briefly Business: Power minister to

Power minister Jyotiraditya Scindia will meet the energy secretaries from various states and also release the integrated ratings of electricity distribution companies

Power minister to release discom ratings today

New Delhi: Power minister Jyotiraditya Scindia will meet the energy secretaries from various states and also release the integrated ratings of electricity distribution companies on Tuesday.

India,Africa revise 2015 trade target

New Delhi: India and Africa today revised upwards their bilateral trade target for 2015 to $100 bn. The decision to revise the target by $10 bn was taken here at the India-Africa Ministers Round Table conference chaired by commerce minister Anand Sharma.

IT sector to touch R1.75 lakh cr by 2016’

New Delhi: India’s Information Technology industry is expected to touch the Rs 1.75 lakh crore mark by 2016,helped by rise in IT services and software segments,a report by Boston Consulting Group said.

‘Govt gets proposals for semiconductor units’

New Delhi: Telecom minister Kapil Sibal has said the government has received two proposals for setting up semiconductor manufacturing plants in the country and they will be sent to the Cabinet in next two weeks.

Cabinet nod to tax pact with Liechtenstein

New Delhi: A pact to be signed with Liechtenstein in Europe for bilateral exchange of information on tax matters was on Monday approved by the Union Cabinet amid its efforts to track black money stashed abroad.

Swiss citizens oppose sharing of bank details

Berne/New Delhi: A majority of Swiss citizens have favoured protection of clients’ financial details from third parties,and do not want the nation to yield to international pressure on this issue,as per the survey conducted by Swiss Bankers Association.

Glenmark recalls anti-asthma drug in US

Hyderabad: Glenmark Generics is recalling from the US market multiple lots of Montelukast Sodium tablets (10 mg),used in treatment of chronic asthma and prophylaxis,on “off-odour” complaints,according to US Food and Drug Administration.

Loans to PPP projects with MCA secured: RBI

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Mumbai: The Reserve Bank has said the debts of infrastructure projects implemented under PPP mode and having model concession agreements will now be treated as secured lending. PTI