EbsIndia.net

Tourism business in Indian resort state of Goa is seriously affected by a number of setbacks over the past year, starting with high levels of crime and ending the effects of terrorist attacks in Mumbai. But with each new season, growing threat to tourism is coastal erosion. The famous white sand beaches may disappear forever. Over 10% of 105 kilometers of coastline have already plunged into the sea. Seriously injured as a beach, located adjacent to the residence of the governor of the state Raj Bhavan, said eTurboNews.
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The second day of the strike of pilots of the Indian airline Jet Airways caused the cancellation of 169 domestic and international flights, told the airline press-service. 360 of striking pilots, who on Tuesday became “sick” and did not came to work, seeking cancellation of the decision to dismiss two of their colleagues who were trying to establish a trade union of pilots Jet Airways. Management of the company despite the huge losses and thousands of passengers stranded at airports refuses to yield the pressure of striking pilots.
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President Pratibha Devisingh Patil, who arrived in Moscow on an official visit coincide the Year of India in Russia, met on the eve in the hotel Ritz Carlton with a delegation from Russia Vaishnavas, followers of a Hindu religious organization Society for Krishna Consciousness. The delegation was led by president of the Center Vaishnava Society for Krishna Consciousness in Russia Srila Bhakti Vigyana Goswami. The meeting was also attended by representatives of the Indian community in Moscow, the press service of the Center Society for Krishna Consciousness of Russia.
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The new strategy was put in place in the export-import policy since April 1, 2000 with the foundation of special economic zones (SEZ) in the country to ensure the conditions for a smooth and competitive exports. Companies can be established in SEZ for manufacture, trade, repair, or for activities in the service sector. Companies in this zone must work exclusively on attracting foreign exchange earnings, but they should not be pre-determined surplus value and the minimum requirements for the volume of exports. Sales in the Inner Tariff Areas for SEZ enterprises should be eligible for currency transactions in the required payment of all customs duties and adhering to the import policy.
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E-business is the exchange of information, goods and services through the Internet and other network technologies – finally waited for the hour in India. Business based on the Internet was a significant development in India in recent times replaced «business of old-fashion» to e-business and services on the basis of information technologies.
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Currently, the investment climate in India is favorable for foreign businesses, and foreign investment in India are under state protection in respect specifically to the Russia’s capital, invested in the Indian economy, which is regulated by Russo-Indian agreement on investment promotion and protection (Bilateral Investment Promotion and Protection Agreement). Treaty provides for free movement, return and investment protection on a bilateral basis.
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The owner of the team «Force India» Vijay Mallya reports that, in connection with the economic crisis of its business in India is experiencing difficulties which may affect the budget or the viability of his stables in «Formula 1».

«Regarding the financial situation goes a lot of misinformation. Let me clarify something. My main business – alcoholic drinks and beer – feels great. No hint of slowdown. On the contrary, an increase of 20 per cent, I have no reason to complain – stocks are rising. Airlines feel the pressure, but not in India.
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Indian Companies Act – The Companies Act regulates the organization of all types of companies open and closed in the country. Each state in India has its own register of companies where there is a registration statute and the memorandum of association of the company’s future.
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