The Hindu Business Line : Saturday, October 29, 2005

Summer placements at IIM Kozhikode
WITH 27 new companies descending on to IIM Kozhikode, all the 160 students found summer placements among a wide spectrum of companies pursuing different activities in the country. Some of the companies that debuted on campus this year include ... More

CLIMATE & WEATHER

Depression splits into two off AP coast
THURSDAY'S deep depression has split into two independent systems, with one having crossed land between Ongole and Bapatla on the Andhra Pradesh coast and the other still located out into the neighbouring waters of the Bay of Bengal. Earlier ... More

FOREIGN TRADE

SEZ trading units allowed to import duty-free fuel
THE Directorate General of Foreign Trade (DGFT) has permitted trading units located in the special economic zones (SEZs) to import fuels such as motor spirit, superior kerosene oil , high speed diesel, light diesel oil and fuel oil for the ... More

Australian State opens trade office at Bangalore
VICTORIA, the south eastern province of Australia, on Friday opened its first trade office in India here aiming to consolidate its growing economic ties offering transfer of high-end of technology in food processing packaging and mining ... More

IIFT to set up branch in Kolkata
THE first full-fledged branch of Indian Institute of Foreign Trade (IIFT) outside Delhi will be set up in Kolkata. Making the announcement at an interactive session organised by the Indian Chamber of Commerce (ICC) here today, the Union ... More

INFRASTRUCTURE

Advantage Mysore — a tier-II city beckons
BANGALORE is growing more and more, and will get worse and worse, says a CEO of a company based in Mysore. If this caused you concern, maybe the heritage city could take away your blues. Not for a weekend of quietude, but as an alternative ... More

PETROLEUM

Lack of supply may jeopardise Kochi LNG terminal project
EVEN though it is almost certain that Kochi LNG terminal would become a reality, senior industry sources here have expressed apprehension that any complacency on the part of the State Government might result in a delay in the commissioning of the ... More

Govt to focus on setting up mega thermal stations
WITH the ongoing fuel shortage taking its toll on the power sector, the Ministry of Power has decided to shift its thermal generation strategy in favour of setting up mega thermal stations of around 3,000 to 4,000 MW capacity, either along the ... More

`RIL to offer Rs 750 cr discount on LPG, kerosene'
THE Chairman of Indian Oil, Mr S. Behuria, on Friday said that Reliance Industries Ltd will give a discount of Rs 750 crore on liquefied petroleum gas (LPG) and kerosene it sells to public sector retailing firms to partly compensate them for the ... More

TAXATION

`Assocham for country-wide acceptance of VAT'
THE Associated Chamber of Commerce and Industry of India (Assocham) will push for acceptance of value-added tax (VAT) in the entire country, according to the new President, Mr Anil K. Agarwal. Citing the 15 per cent jump in revenue collection ... More

SSI

SMEs in AP seek stamp duty exemption
HYDERABAD: THE Federation of Andhra Pradesh Industries (FAPI) on Friday appealed to the Chief Minister, Dr Y.S. Rajasekhara Reddy, to exempt the small and medium enterprises (SMEs) from the purview of GO No: 1386 issued on July 16. ... More

RADIO/TV

Chanel plans formal launch, sees good potential
BULLISH on growth in India, French fashion brand Chanel is all set to formally launch its operations in the country. It already has one boutique in the Capital and is planning to set up a second one in Mumbai next year. "We would also be ... More

Saluting Rahul Dravid
MUMBAI: ESPN Star Sports said it plans to telecast a 13-episode series The Wall, saluting Rahul Dravid — the Indian Cricket team captain. The series, hosted by star commentator Harsha Bhogle, features some of the best ... More

EDUCATION

RPG Group to set up B-school in Kolkata
THE RPG Group is setting up a Rs 40-crore business school in the city as part of a total investment of over Rs 5,000 crore earmarked for West Bengal. After receiving the Outstanding Young Achievers Award 2005 from the Young Leaders Forum of the ... More

BL CLUB
`Technology must be a business enabler'
TECHNOLOGY should not be adopted just for technology sake. It should be used to enable business. Companies must look at business perspectives rather than let technology rule business, according to Mr Vittal Devarajan, General Manager, Corporate ... More

COSMETICS

It's unfair to say only women want to be fair
FAIRNESS cream has always had a good market in India, but the impression that the advertisements give you of its users is that of a shy bride who wins her husband-to-be over with a miraculous five-second transformation from a dusky complexioned ... More

FOREIGN DIRECT INVESTMENT

Bengal Govt vetting Wal-Mart proposal — Govt favours FDI but not at the expense of local biz
REPRESENTATIVES of the American retailing major WalMart, at a recent meeting with the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, have expressed their eagerness to invest in the State. However, unlike other investment proposals ... More

WTO

Slowdown in world trade growth likely, says WTO
THE World Trade Organisation (WTO) foresees slowdown in world trade growth this year because of the lower economic output, brought on in part by the steep rise in crude oil prices. World merchandise exports are likely to grow by 6.5 per cent ... More

S. Asian trade experts worried over Hong Kong WTO meet
New forms of barriers to trade such as technical standards need to be dismantled if the meaningful participation of developing countries into mainstream of trade and development is to be ensured. More

HUMAN RESOURCES

`HR is growth engine for business'
THE HR job today is tougher than ever before. This was the conclusion at a HR conference at the BangaloreIT.in here today. Speakers at the seminar titled `Managing People - Driving Business,' HR practitioners were of the opinion that the ... More

NEW PROJECTS

EXPORTS & IMPORTS

Egg exporters cash in on avian flu fears — Disease-free poultry farming helps gain advantage in global market
THE fear of the Asia-originated avian flu instances have forced the European Union clamping imports of birds. But, the domestic poultry has taken advantage of the situation to expand its export terrain. The Tamil Nadu-based layer bird growers ... More

NATURAL CALAMITIES

Most manufacturing units in Chennai resume operations
WITH Chennai experiencing clear and sunny weather on Friday, after almost two days of incessant rains, most manufacturing units reported normal operations. Hyundai Motor India, which closed its assembly line after the first shift yesterday, ... More

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