The Hindu Business Line : Friday, June 10, 2005

Ma Foi survey points to job market slowdown
THE job market in the country is likely to witness a considerable drop in employment generation during April-June. According to a survey of 17 key sectors by Ma Foi Management Consultants Ltd, a Chennai-based recruitment firm, they are likely ... More

CLIMATE & WEATHER

Clouding over Bay under close watch
PERSISTING heavy cloud formation over the Bay of Bengal on Thursday seems to have revived the hopes of meteorologists tracking the progress of southwest monsoon. "Today, things have looked very bright. Intense clouding being observed over the ... More

Succour from heaven
An eagle soars high as rain clouds gather on the horizon, heralding the arrival of monsoon in Visakhapatnam on Thursday afternoon.

ECONOMY

`IT, auto sectors in TN ooze confidence'
THE information technology industry and the automotive and auto components industry in Tamil Nadu, among the top contributors to the State's economy, are optimistic in their outlook though they have some concerns, according to a survey by ... More

Industries in North upbeat: Survey
INDUSTRIES located in the North are confident about doing business in the prevailing economic environment and have shown enough signs of optimism over conditions improving further in the next six months, finds the Business Perception ... More

FOREIGN TRADE

ITPO to focus on trade with CIS, African countries
These were large countries and their markets were growing and not saturated. More

INFRASTRUCTURE

Sabari shrine to be developed on Tirupati model
THE Travancore Devaswom Board (TDB), which controls and administers the famous Sabarimala Ayyappa temple and around 2,000 other temples in the State, is now contemplating the idea of developing the forest shrine on the Tirupati model. The TDB ... More

Central nod for Pulichintala
HYDERABAD: The Centre has given environmental clearance for the Rs 560-crore Pulichintala project. Calling it a milestone, the Chief Minister, Dr Y.S. Rajasekhara Reddy, said that the project would be completed in 24 months. Speaking to ... More

POWER

Investment Board nod for three power projects
THE Power Ministry has received the approval of the Public Investment Board (PIB) for three power projects worth Rs 5,050 crore, Power Minister Mr P.M. Sayeed said here today. TheMinistry would approach the Cabinet shortly for clearances, he ... More

Tatas offer to supply power from plants outside Maharashtra
THE Tata group has offered to supply additional power to Maharashtra to help mitigate the current power crisis in the State. Mr Ratan Tata, Chairman of the group, who met the Chief Minister, Mr Vilasrao Deshmukh, offered to supply power from ... More

STEEL

Govt plans merger of small steel PSUs with SAIL
THE Government is considering a plan to merge the small state-owned steel companies with Steel Authority of India Ltd (SAIL), according to the Steel Minister, Mr Ram Vilas Paswan. Speaking at a news conference, he said: "After a complete study ... More

TAXATION

VAT registers marginal rise in AP tax collections
THE first two months of VAT (value added tax) has shown a marginal increase in the collections of the Commercial Taxes Department of Andhra Pradesh. In April and May, the department clocked revenues to the tune of Rs 1,448.94 crore, against Rs ... More

Assocham moots model for immediate VAT refund to exporters
Under the recommended system, an exporter will not be required to pay VAT to the selling vendor. More

TEXTILES

No quotas, but no buoyancy either in textile exports
THE buoyancy expected in Indian textile exports after the removal of quotas has not occurred. While the textile industry envisaged a flood of orders to descend on Indian manufacturers and prices to slide because of the elimination of quota ... More

Maharashtra Minister seeks task force for textile sector
THE Maharashtra Minister for Textiles, Mr Satish Chaturvedi, on Thursday invited the industry and FICCI to set up a task force to revive the industry in the State. He also offered to help exporters approach the Union Finance Minister to resolve ... More

RADIO/TV

Zee Sports goes on air
THE sports channel genre has just seen a new addition with Zee Telefilms formally launching Zee Sports. Pitched as a channel "by, for and of the Indians", the broadcaster aims to grab a share of the Rs 500-crore advertising pie garnered by ... More

EDUCATION

Air Hostess Academy opens Chennai arm
AIR Hostess Academy (AHA), which trains people for the aviation, hospitality, travel and tourism and BPO industries, has opened a branch in Chennai. Speaking at a press conference here, Ms Sapna Gupta, Founder and Chief Consultant, AHA, said ... More

REAL ESTATE & CONSTRUCTION

Mall construction set to boom, says Merrill Lynch study
MALL construction in the country is expected to grow at a frenetic pace in the five cites of Mumbai, Bangalore, New Delhi, Hyderabad and Pune. A report on real estate trends by Merrill Lynch said that the number of malls in these cities was ... More

RURAL DEVELOPMENT

Refresher courses for anganwadi workers in AP
ANGANWADI workers, who number about 60,000 in Andhra Pradesh, would now get regular skill upgrades through refresher courses, as per a directive by the State Chief Minister, Dr Y.S. Rajasekhara Reddy. An equal number of helpers, and other staff ... More

EXPORTS & IMPORTS

Terms for duty drawback on un-assembled goods
THE Finance Ministry has come up with a rider for allowing duty drawback on goods exported in completely knocked down (CKD)/semi-knocked down (SKD) condition or in an un-assembled condition. The Central Board of Excise and Customs (CBEC) has ... More

ALTERNATIVE MEDICINES

Centre sanctions Rs 29 cr for ayurveda cluster in Thrissur
The ayurveda cluster is part of a public-private partnership to develop a Kerala brand of ayurvedic products. More

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