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August 2003 
Your eye to India-centric and International updates
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In the News
Pune- attracting IT investments
India - no. 5 among the emerging retail market

Interesting Reads
FIGURING OUT THE "GAAP"
New scheme BOT invites Bids for Highway upgardation
Regulations on service tax - A clarification on "Business Auxiliary Services"
Special Economic Zones V/s Export Oriented Units-
A comparison of schemes for setting up a manufacturing-export base in India

Quick Links
New opportunities for CAD- CAM vendors as SMEs opt for sophisticated design tools
MNCs eye Indian market for cooking oil / India's Cooking Oil market- too tempting for MNCs!!!
Ceiling raised on Forex Remittance to $100,000
Govt hikes pace of reforms as the nation gets set for the next polls
Insurance Companies next to benefit in SEZs
Franchising - the MNC route to the Indian retail market
Indian COs stay ahead in the race for patents
Cheaper loans to SEZ units from SBI
SC to decide on Taxman’s right to probe Mauritius Cos
Service Tax on Commissioning & Installation of plant, equipment or machinery

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