The Hindu Business Line : Saturday, February 25, 2006

Sundaram Fin wins appeal on arbitration cases
The Chennai-based Sundaram Finance Ltd, a non-banking finance company, has won an appeal in the Madras High Court establishing the Court's jurisdiction to try cases arising under the Arbitration & Conciliation Act where the value of the subject More

US co opens innovation Chennai centre
Athenahealth, a US-based company that provides online revenue cycle management services for medical practices, has opened a corporate innovation centre in Chennai to enhance business process outsourcing capabilities through developing related ... More

Lawkim opens centre in Coimbatore
Lawkim India Ltd, a member of the Godrej group and involved in IT-enabled services, has launched a training centre in the city to impart soft-skills for those aspiring a career in business process outsourcing or in call centres. This is the ... More

ANDHRA PRADESH

Industry told to invest in e-security
It is imperative for the industry, the Government and all others to invest in e-security as the volume of electronic trade and commerce is increasing and e-security audit should also be taken up on a regular basis, said Dr N. Vijayaditya, ... More

Sun worshippers
CAPTIVE POWER: A migrant family from Maharashtra generates solar energy for domestic use in Vijayawada.

Security detail
THE US SECRET SERVICE staff at N.G. Ranga Agricultural University helipad in Hyderabad on Friday. The US President, Mr George Bush, is expected to visit the university on March 3. ... More

YSR promises seven-hour power supply to farmers
The Chief Minister, Dr Y.S. Rajasekhara Reddy, today assured seven hour power supply to the farm sector till the last acre of crop is saved while defending his decision to stick to March 31 deadline for fixing capacitors and power saving ... More

Stone for footwear plant to be laid today
The foundation stone for the Rs 500-crore footwear manufacturing plant of Apache Investment Holdings, a supplier to Adidas, will be laid on Saturday at Mambattu village in Nellore district of Andhra Pradesh. The Chief Minister, Dr Y.S. ... More

AP Govt gearing for Bush visit
The Andhra Pradesh Government is gearing for the visit of the US President, Mr George W. Bush, to the State, during his tour of India.The details of his visit have, however, been kept under wraps. It is ... More

Trade magazine production
Publishing house Infomedia India Ltd has entered into an agreement with Ringier Group of Switzerland to publish five trade magazines in India. The magazines would focus on plastics, packaging, food ... More

AP plea on CVD relief rejected
The Finance Ministry has not acceded to the request of the Andhra Pradesh Government for exempting customs duty/countervailing duty on the goods imported for the upcoming Hyderabad International Airport project. The State ... More

Rudralife launches bio-jewel range
Rudralife announced the launch of its `bio jewellery' range of rudrakshas here, on Thursday. The range includes malas, necklaces, earrings and bracelets. These will be put on display till February ... More

KERALA

Kerala Chambers hail Rail Budget
The trade and industry in the State have generally welcomed the Railway Budget 2006-07, by appreciating the Minister's decision not to increase the freight rates. Mr N. Sreekumar, President of the Cochin Chamber of Commerce and Industry said ... More

CARD banks offer settlement — Interest cuts, other sops promised
12 pc uniform interest
Loans contracted at unusually high rate of interests and since defaulted will attract a uniform 12 per cent at the time of settlement. Loans of Rs 5,000 and below will be settled without payment of any interest component. More

Kerala: Audit by CAs in co-op banks, societies urged
Mr Babu Abraham Kallivayalil, the new secretary of the Southern India Regional Council (SIRC) of the Institute of Chartered Accountants of India ICAI), has urged the Government to introduce audit by chartered accountants in cooperative banks, ... More

Time running out for Kerala farmers: Expert
Time is running out for the State Government to take a holistic view of the farm sector and prepare the heavily indebted and thoroughly demoralised farmer to deal with the challenges thrown up by a fast-integrating global and regional markets. ... More

Debate on industrial development in Kerala
The `SSI Club and SME entrepreneurs' at the SSI branch of the State Bank of Travancore (SBT) held an open debate on industrial development in the State. Mr T. Balakrishnan, Principal Secretary for Industries and Commerce, who ... More

Water levels decline in Kerala reservoirs
Water levels at three major reservoirs in the State - Idukki, Idamalayar and Kallada - have recorded a decline when compared to the readings made a week ago. According to figures released by the Central Water Commission ... More

AIMA interactive meet
The Centre for Management Services (CMS), a division of All-India Management Association (AIMA), held one of its interactive meets here on Friday. A large number of directors and department heads of management and professional ... More

South Indian Bank branch in M.P.
The South Indian Bank has opened its 434th branch and second branch in Madhya Pradesh. Archbishop Pascal Topno of Bhopal inaugurated the new branch. Dr V.A. Joseph, Chairman and CEO of the bank, presided over the function. ... More

More choppers for Lakshadweep
The Centre has expressed its willingness to provide additional helicopters to the Lakshadweep Administration on the basis of availability, an official spokesman quoted the Civil Aviation Minister, Mr Praful Patel, as saying. The ... More

KARNATAKA

Mangalore region excise revenue up by Rs 1,204 cr
The Mangalore Commissionerate of Central Excise collected revenue of Rs 3,008.48 crore till the end of January during the current financial year, showing an increase of Rs 1,204.19 crore over the corresponding period of the previous year. ... More

OTHER STATES

J&K annual Plan fixed at Rs 4,347 cr
CM's proposal
The Chief Minister said by the year-end 100 per cent metering of electrical connections would be introduced. More

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