Business

look at the Indian tax environment generally, including types of taxes, fees and key dates, and continue on to focus specifically on requirements for foreign companies. Next, we look closer at the generous tax benefits available in Special Economic Zones, contingent on sector and operating dates, and finally expand our focus to India’s international trade agreements.

Non-bank finance companies categorised as infrastructure finance firms will be now allowed to issue long-term bonds to foreign institutional investors, India's stock market regulator said on Friday.

Reuters had reported exclusively on Wednesday that the Indian government was in talks with the central bank and stock market regulator to allow infrastructure finance companies to issue bonds to foreign investors.

The total cap for foreign investors to buy corporate bonds under the long-term infrastructure category was raised by $20 billion to $25 billion in February.

http://www.newkerala.com/news/2011/worldnews-47760.html

The 24 satellites that make up the GPS space segment are orbiting the earth about 12,000 miles above us. They are constantly moving, making two complete orbits in less than 24 hours. These satellites are travelling at speeds of roughly 7,000 miles an hour.
GPS satellites are powered by solar energy. They have backup batteries onboard to keep them running in the event of a solar eclipse, when there's no solar power. Small rocket boosters on each satellite keep them flying in the correct path.

GPS satellites circle the earth twice a day in a very precise orbit and transmit signal information to earth. GPS receivers take this information and use triangulation to calculate the user's exact location. Essentially, the GPS receiver compares the time a signal was transmitted by a satellite with the time it was received. The time difference tells the GPS receiver how far away the satellite is. Now, with distance measurements from a few more satellites, the receiver can determine the user's position and display it on the unit's electronic map.

GPS receiver connected to your computer, Pocket PC, or Smartphone, you can see your current location on the MapPoint or Pocket Streets map. When a GPS receiver is installed, MapPoint or Pocket Streets checks for your location once every second and displays it on the map. You can configure the map to remain centered on your current location, to rotate to follow your travel direction, and to display a trail showing where you have traveled.

BharatBook adds new report on "2009 Top Infrastructure Management Outsourcing Vendors" into its vast collection of market research reports.
 

Environmental concerns over a $12-billion steel plant in Orissa planned by South Korea's POSCO, will be resolved soon, Steel Minister Virbhadra Singh said on Wednesday.

The project planned by the world's third-largest steelmaker has been mired in controversy for more than three years over protests by local residents who stand to be affected by it, concerns over environmental impact and legal issues over land acquisition and a mining concession.

Major property markets in Asia are likely to face a slower second half because of policy risks and an expected increase in housing and office supply, after some developers had a positive first six months.

China Overseas & Investment Ltd, the country's top listed developer by market value, Hong Kong tycoon Li Ka-shing's Cheung Kong (Holdings) Ltd and Singapore's CapitaLand Ltd, southeast Asia's biggest developer, all benefited from strong housing prices in their key markets earlier this year.

Global oil demand growth will inch higher
over the rest of this year and into 2011, but any rise will be wiped out
if the economy is weaker than forecast, the International Energy Agency
(IEA) said on Wednesday. The
increases were slight, and the IEA said in its monthly report that they
could disappear altogether if the economy falters.
"We are flagging that the signals that are coming out are pretty
mixed," said David Fyfe, head of the IEA's oil industry and markets
division.