The Hindu Business Line : Saturday, November 21, 2009

INDUSTRY & ECONOMY

REGULATORY BODIES & RULINGS: FMC-CERC power war reaches Court
New Delhi, Nov. 20 The turf war between two regulators — the Forward Markets Commission and the Central Electricity Regulatory Commission — has reached the Bombay High Court. The FMC has dragged the CERC to the Court over ...

TAXATION: Govt mulls tax to phase out fuel-inefficient vehicles
Deterrent against manufacture of guzzlers. New Delhi, Nov. 20 It could soon be a tough road ahead for vehicles with low fuel ...

PSU: PSUs and nuclear power
Necessity is the mother of invention — and in India, innovation too. It is not surprising therefore that various public sector companies are suddenly looking to invest in nuclear power. Given the risk-aversion of public sector chairmen ...

REAL ESTATE & CONSTRUCTION: How the slowdown set realtors thinking
Mumbai, Nov. 20 Realtors went into an introspection mode at the recent FICCI real estate summit here with Mr Pranay Vakil, Chairman, Knight Frank India, setting the agenda for ...

MANAGEMENT: IIM alumni hold workshop for Kolkata police station heads
‘It was a revealing experience for both sides’. Kolkata, Nov. 20 It was a revelation of sorts to management experts. In fact, not one revelation, ...

ENVIRONMENT: Green Bill will give a new dimension to environment protection: Minister
New Delhi, Nov. 20 The Government will push for the passage of a Bill on the setting up of a special tribunal that will decide on environment disputes, in the current Parliament session, the Minister for Environment and Forest, Mr Jairam ...

EVENTS: DLF property expo in Kochi
DLF, the real estate developer, has commenced a property expo at its site office in Kakkanad. The expo is organised in association with HDFC Ltd wherein on offer are apartments at a base price of Rs 2,500 a sq. ft. The four-day expo is a ...

EDUCATION: Recognition for IBS, Hyderabad
IBS, Hyderabad has been awarded ‘3 Palmes’ in international business schools ranking, in a survey conducted by eduniversal.com. The selection made after analysing 4,000 universities and schools specialised in the areas of management ...

TAXATION: ‘Levy windfall tax on new players selling licences’
Former BPL Mobile founder Rajeev Chandrasekhar writes to PM. New Delhi, Nov. 20 The Member of Parliament and former owner of BPL Mobile, Mr Rajeev Chandrasekhar, has written to the Prime Minister suggesting the Government should impose a ...

HOTELS: Pune’s major hotel projects hit recession roadblock
Hotels have ‘hardly any takers’, says realty consultant. Pune, Nov. 20 Several big-ticket hotel projects in Pune, including those of established players, have been deferred indefinitely or scrapped due to the economic ...

ALTERNATIVE MEDICINES: Kerala Ayurveda hospitals will soon sport a new look
Centre’s Rs 20-cr support for better facilities. Kochi, Nov. 20 Utilizing the Rs 20 crore sanctioned by the Union Government for promoting Ayurveda in Kerala, the State Ayurveda hospitals will soon wear a new look with efforts being made ...

POWER: Efficiency labelling to save Rs 80,000-cr investment in power generation
Coimbatore, Nov. 20 Efforts to become energy efficient and reduce consumption of power by 5 per cent (nearly 10,000 MW of avoided capacity) by 2012 are on course with the avoided generation in the first three years of the current Plan ...

POWER: Karnataka not to divest from profitable DisComs
Offers rural circles for private sector participation. Bangalore, Nov. 20 The Karnataka Government has declined to divest its stake from any of the five distribution companies (DisCom) for fiscal ...

INDUSTRY ASSOCIATIONS: Business outlook for second half remains positive: CII survey
New Delhi, Nov. 20 With a strong sentiment of economic recovery running among the industry, business outlook for the second half of the fiscal remains better over the actual performance in the first half, says a ...

FOODS & FOOD PROCESSING: New guidelines soon for pro-biotic food products
New Delhi, Nov. 20 Pro-biotic products could soon have to prove the legitimacy of health benefit ...

INCOME TAX: New Tax Code may give a fillip to long-term life policies
New Delhi, Nov. 20 Long-term life insurance policies are expected to grow in popularity if the EET (exempt exempt tax) regime under the proposed Direct Tax Code comes into force ...

NON-CONVENTIONAL ENERGY: Sops for private participation in renewable energy sector
New Delhi, Nov. 20 The Government is encouraging private participation in the non-conventional / renewable energy sector through a mix of fiscal and financial incentives and other policy and regulatory measures. This information was given by ...

ENGINEERING: Involving pvt sector in energy-efficient pumps
Coimbatore, Nov. 20 The Bureau of Energy Efficiency (BEE) is considering replicating in the agricultural sector the Gujarat model of promoting efficient pumps, according to Dr Ajay Mathur, Director-General, Bureau of Energy Efficiency ...

EDUCATION: Election ID cards for outstation students
The Election Commission is contemplating issuance of electors’ photo identity cards (EPIC) to students staying away from their home State for a limited period in other parts the country. This may be done as part of its drive to enthuse ...

PSU: Kerala cites PSU profits, woos investors
Thiruvananthapuram, Nov. 20 Public sector enterprises are increasingly turning profitable in the State, which is the best advertisement yet of the emerging environment of an investor-friendly ...

TERRORISM: Woman power
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TERRORISM: CST security: No mean task
REMEMBERING 26/11. Mumbai, Nov. 20 At a glance nothing seems to have changed at Chhatrapati Shivaji Terminus since November 26, 2008, when two armed gunmen killed 52 people and injured several others. The railway station, which handles 1,412 ...

ECONOMIC OFFENCES: Delhi, AP, Maharashtra, TN hotspots for fake handsets
Hyderabad, Nov. 20 New Delhi, Maharashtra, Tamil Nadu and Andhra Pradesh have emerged as the top hotspots for the menace of mobile phones without IMEI (International Mobile Equipment ...

VENTURE CAPITAL: VCCircle Investment Forum meet
VCCircle, a news Web site tracking India’s investment economy, will present the Chennai edition of its Investment Forum series to bring entrepreneurs and the investing community on a common ...

POWER: Centre to back Cheemeni power project
The Union Minister for Power, Mr Sushilkumar Shinde, has assured the State Government of all possible assistance to revive the 1,300 MW thermal power project at Cheemeni in Kasaragode ...

EDUCATION: Philomena Peris, Managing Director and Chairperson, Peris Avanthy Investment; Mount Carmel College, Bangalore
Bangalore, Nov. 20 Despite the progress made by India in many sectors, the condition of women has largely remained the same and every two minute a woman is subjected to violence and every 40 minutes a woman is sexually harassed, said Ms ...

CO-OPERATIVES: Co-op expo from Nov 30
Registration of participants for the exhibition stalls for the 10-day All-India Cooperative Expo 2009 being organised by the Department of Cooperation will close on Monday. To be held from November 30 till December 9 at the Kanakakunnu ...

EMPLOYMENT: Visa authenticity check
T he Minister for Overseas Indian Affairs, Mr Vayalar Ravi, has said that the option for setting up a mechanism to check the authenticity of labour visas would be explored. The matter will be taken up during a meeting of ambassadors of ...