Himachal tourism corporation deep in the red
byShimla: A working profit for two consecutive years notwithstanding, auditors of HP Tourism Development Corporation have pointed out that fixed assets worth Rs 51.67…
Industry
Dealyed by 27 years, Chandigarh hotel to finally open
byChandigarh: Chandigarh residents had virtually given up hope of seeing the hotel ever function. But, finally after 27 years, the Park Plaza, which has…
Indorama to invest Rs1,000 crore in Himachal project
byChandigarh: Indorama Industries, which claims to be the largest producer of polyester in the world, here today disclosed that it was investing Rs 1000…
Hindustan Salt Ltd keen to mine salt in Himachal
byShimla: State-run Hindustan Salts Ltd has again shown interest in mining rock salt in north India’s only mines located in Himachal Pradesh, state Industries…
Tax incentive withdrawal slows down industrial drive
byShimla: Withdrawal of industrial package for Himachal and industrial slowdown having deeply impacted setting up of new units in the state as the high…
Low fruit productivity, industrial blues hits growth in Himachal
byShimla: Industrial slowdown on account of withdrawal of incentives and lowest fruit crop production in eight years has hit growth in the hill state…
Small and Medium IT firms seek tax exemptions
byShimla: As competition mounts amidst global uncertainties and high interest burden, slowing down the Indian economy, small and medium Information Technology (IT) firms, up…
Winsome to set up new textile unit at Baddi
byShimla: Withdrawal of tax incentives having led to a trickle in new industrial investment proposals; at a high level meeting, the state government here…
Sand mining for power projects devours rich paddy fields in Himachal
byShimla: Short on arable land, much of the prized paddy fields in Himachal laid out by thousands of years of rivers sedimentation are fast…
Weavers’ woes: Government packages pass them by
byNew Delhi : Ali Husain Ansari, a weaver of embroidered Mughal textiles and owner of Abdul Ghani Silk in Varanasi town of northern India,…