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Saturday, April 01, 2006
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INDUSTRY & ECONOMY

ECONOMY


Japan extends Rs 5,910-cr ODA loan package
For the past three years, India has been the top recipient of the Japanese soft loan assistance. Delhi, Bangalore metro projects qualify for assistance More

`Wealth must be shared through community service'
There's pride in becoming a wealthy country... and when wealth is created, it must be shared. That in turn is done through community service, said the Finance Minister, Mr P. Chidambaram, here on Friday. Speaking at the Lakshmipat ... More

External debt down by $5 b at $119.2 b
India's external debt came down by $5 billion to $119.2 billion at the end of December 2005 compared to $124.2 billion at the end of the previous quarter ending September 2005, according to an official release. The almost 4 per cent reduction ... More

Japanese firms bullish on India: Survey
The Indian economic growth story has got Japanese companies sanguine about their future performance and investments in the country. A survey of Japanese manufacturers, conducted by the Japan External Trade Organisation (JETRO) in ASEAN, India ... More

Policy initiatives must link human development with growth: Report
CDS study identifies areas requiring urgent attention More

NRIS


Union Bank hikes FCNR deposit rates
Union Bank of India has increased the interest rates on FCNR(B) term deposits by 25 basis points, with effect from March 29. The interest rate on dollar deposits of one-two years is 5.15 per cent (4.7 per cent). For two-three ... More

ICICI Venture to raise $750 m for India Advantage Fund VI
Gets FIPB nod; awaits final clearance from CCEA More

SOCIAL SECURITY


Huff and puff over PF
Corporate sector is incensed over change to PF law More

AUTOMOBILES


Indian auto cos to be showcased at SAE congress
The congress will provide an opportunity for Indian automotive companies to network with foreign companies More

ENVIRONMENT


Mithi toxic wastes dumped in the open
Maharashtra Pollution Control Board's warning ignored More

INFRASTRUCTURE


MP sees potential in IT
Constituency development More

PETROLEUM


72 cos attend NELP-VI road show in Houston
The road show for the sixth round of the New Exploration Licensing Policy (NELP VI) held in Houston, US, attracted 72 international companies including 32 exploration and production (E&P). The major companies, which participated, include ... More

IOC auto gas outlet in Kottayam
Indian Oil Corporation will be launching auto gas at Kottayam on Saturday. The auto LPG dispensing station (ALDS), developed at the existing IOC bunk at Kodimatha, is IOC's third gas station in the State. The first ALDS of the ... More

NTPC signs pact with Petronet LNG
NTPC Ltd has signed a memorandum of understanding with Petronet LNG Ltd for arranging liquefied natural gas for its stations. The LNG would be used to overcome shortage of gas at the existing gas power stations of the company, it ... More

POWER


SERC projects Rs 184.63-cr surplus for KSEB in '06-07
The Kerala State Electricity Regulatory Commission (SERC) has projected a surplus of Rs 184.63 crore for the Kerala State Electricity Board (KSEB) in 2006-07. The board had, in November 30, 2005, submitted before the commission that it expected ... More

NHPC aims for 22 pc growth in sales
National Hydroelectric Power Corporation (NHPC) has set a target of 22 per cent year-on-year increase in sales to Rs 2,118 crore in 2006-07. In a memorandum of understanding signed with the Power Ministry, the company has set a goal of generating ... More

STEEL


MMTC gets Cabinet nod to renew LTAs for iron ore supply
The Cabinet today permitted MMTC Ltd to enter into fresh long-term agreements (LTA) with Japanese, Korean and Chinese steel mills for selling iron ore for another five years starting from April. Simultaneously, it also reduced the annual ... More

TRAVEL & PLACES


H-1B visa filings for `07 from tomorrow
More

WATER


TN Water Investment Co to expand expertise
Tamil Nadu Water Investment Company, a joint venture promoted by IL&FS and the Tamil Nadu Government, is expanding its in-house expertise in water related projects - an area in which it sees major growth in the coming years. According to ... More

RADIO/TV


Broadcasters, cable industry move towards consensus
Tariff packages for the individual as well as bouquet of channels planned More

EDUCATION


`Attitude is what will make the difference'
Choice not chance is formula for success More

ICFAI MBA programme
The Institute of Chartered Financial Analysts of India (ICFAI) has tied up with Alchemist HR Services in a special placement scheme for the benefit of students completing MBA programme. A spokesperson of the ICFAI branch said ... More

FOODS & FOOD PROCESSING


Usher Agro IPO offers safety net to small investors
Usher Agro Ltd, an agri-processing company, in its draft prospectus filed with SEBI, has offered retail investors a safety net scheme through IDBI Capital Market Services Ltd, which is the sole lead manager for the company's public issue. As ... More

ALUMINIUM


Alucast launches Coimbatore chapter
Aluminium Casters Association of India (Alucast) has set up its Coimbatore chapter. The new chapter is the seventh for Alucast which has its headquarters in Pune. Alucast's other chapters are Delhi, Ahmedabad, Mumbai, Chennai and ... More

METALS


Copper, zinc producers likely to hike prices
Following rising prices in the London market, major producers of copper and zinc in the country may revise their selling prices upward by around Rs 2,000-4000 a tonne on various products for the next month, trade sources said. The next revision ... More

INDUSTRY ASSOCIATIONS


CII office-bearers
Mr Navas Meeran, Managing Director, Eastern Treads Ltd, Kochi, has been elected Chairman, CII, Kerala State Council, and Mr Umang Patodia, Managing Director, Patspin India Ltd, as Vice-Chairman for the year ... More

FOREIGN DIRECT INVESTMENT


Sify gets nod for investing in telcos
The Chennai-based telecom networking company, Sify Ltd, has been given the nod to invest in other telecom companies. This will allow the Internet service provider to function as a holding company and even float new subsidiaries. The Government ... More

RURAL DEVELOPMENT


`Indiramma scheme to boost economy'
AP CM says 2.27-cr people will benefit More

HUMAN RESOURCES


PPC Worldwide begins India operations
PPC Worldwide, the US-based company providing Employee Assistance Programme (EAP), today announced the opening of its operations in India. The company will have 15 experts in allied areas, including clinical psychology to offer EAP to its ... More

REGULATORY BODIES & RULINGS


BSNL contests TRAI move on ADC
The appeal is despite Ministry's assurance, may cause tariff cut roll-back More

EVENTS


Traffic blockade
SEAL OF PROTEST: Shopkeepers and traders, protesting against the sealing of their shops, blocking traffic at Karol Bagh area of Arya Samaj Road in New Delhi on Friday. ... More

EXPORTS & IMPORTS


Grapes turn `sour' for exporters
QUALITY PROBLEMS More

Tariff values for palm group of oils cut
Rates for crude soyabean oil reduced by $13/t More

Current account deficit narrows to $3.8 b in Q3; oil imports firm
Foreign direct investment inflows and NRI deposits remained steady More

TOURISM


Holiday packages
Great India Tour Company has announced specially priced summer holiday packages to the dream destination Kashmir. GITC also offers exciting summer packages to various other destinations such as in Kerala, Tamil Nadu, Karnataka, Goa, and ... More

STANDARDS & BENCHMARKS


e-gov scheme gets ISO tag
Kerala Government's e-governance programme, FRIENDS, has been awarded the ISO-9001:2000 and UKAS certification by the Netherlands-based DNV. "The certification signifies the presence of a quality system that is managed and ... More

PEOPLE


New NSTL Director
Dr V. Bhujanga Rao has been appointed Director of Naval Science and Technological Laboratory (NSTL) here, in place of Dr K. Satyanarayana who retired on Friday. Dr Rao, who assumes charge on Saturday, was born in Guntur. He ... More
Personal Computing resouces Hawaii Vacations - Hanalei Bay Resort



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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Grapes turn `sour' for exporters


National Geographic to expand presence in India

Treasuries portfolio to drag down banks' profitability

External debt down by $5 b at $119.2 b

H-1B visa filings for `07 from tomorrow

Copper, zinc producers likely to hike prices

Ban on Indian poultry items hits Gulf importers

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
More

In Depth

Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
Mar. 19-Mar. 25
Energy projects: ITC to apply for carbon credits

Reliance to focus on marketing products thru its own outlets

Tax revenues of VAT States up 16 pc in April-Jan

How Kutch Rail reduced project cost

Mangalore SEZ bets on big funds

The phenomenon of exploding imports

Iran gives first price offer of $6 mBtu for gas

Tata Power plans 2 coastal plants in Maharashtra

Bharti in talks with Wal-Mart, Tesco for retail foray

Centre gets powers to rebate service tax

IPO: BSNL invites bids for advisors

Asset prices worry RBI

IDFC, Feedback launches infrastructure initiative

MetalJunction plans coal futures auction

UB, Millennium Alcobev merger not for now

Ansal Properties signs pact with Malaysia's Faber Group

Upper Siang project likely to be relocated on Chinese concerns

Gross small savings collections up

Gross small savings collections up

Telecom FDI norms deadline extended

Pvt cos earn more than States' spend

RPL to set up two SBMs at Jamnagar

`Refining capacity to touch 210 mt by 2012'

No guarantees for ultra mega power projects

ECGC unveils scheme to provide credit risk cover



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