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Displaced tribals be compensated, says Manmohan
The government today admitted its failure in dealing with the losses suffered by tribals in land acquisition for various projects, but said one solution was that tribals must benefit from the projects for which they had been displaced.

Web Excl: Budget Expectations - Goods and Service Tax
Given that the proposed date of implementation of the Goods and Services Tax (GST) is April 1, 2010; a declaration regarding the design and architecture of GST is perhaps one of the most eagerly awaited announcements expected from the Finance Minister in the forthcoming Budget.

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Aditya Birla Retail mulls IPO
Aditya Birla Retail, the country"s second-biggest supermarket operator, is considering an initial public offer (IPO) and will time it as soon as the company starts spinning profits.
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GSK arm resumes Andhra operations

GlaxoSmithKline Consumer Healthcare(GSKCH) has resumed operations at its plant in Dowlaiswaram, Andhra Pradesh, the company said in a statement posted on the Bombay Stock Exchange on Monday. Work at the plant was temporarily halted on December 11 following widespread unrest in the state. - GSK Consumer arm halts operations in AP unit - Glaxo Consumer Q3 net up 13% at Rs 60 crore - NEWSALERT: GlaxoSmithkline Consumer Healthcare posts 20% rise in Q1 profit - GSK Consumer to focus on health food drinks - BSE to give MF software to brokers - Telangana turmoil hits minor impact on state IT sector The turmoil was due to the Centre’s decision to accord status of a separate state to the region of Telangana. GSK said on December 11 it was reviewing the situation in the state and business would not be hampered on account of the shutdown. The Andhra plant employs 800 people and contributes 25 per cent to the firm’s capacity in nutritional products.


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