Financial Daily from THE HINDU group of publications
Thursday, April 20, 2006
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INDUSTRY & ECONOMY

EMPLOYMENT


Are we killing the self-employed?
The explosive growth of outsourcing and the so-called unorganised sector has seen a phenomenal expansion of the self-employed group. But faulty policies may end up leaving a huge mass of this section unemployable. There has been no attempt to re-tr ain this set to face the challenges of a changed situation, says R. VAIDYANATHAN. More

CLIMATE & WEATHER


Pre-monsoon heating phase set to begin
The pre-monsoon heating phase is set to extend to east and southeast to cover Central and North India Friday onwards. More

NRIS


Four banks raise NRE deposit rates
Four banks have taken a lead in raising interest rates on non-resident external rupee term deposits. This follows the Reserve Bank of India's move to liberalise the interest rate ceiling for NRE deposits in the annual monetary policy statement ... More

PENSION PLANS


Defining pension benefits
A look at existing pension mechanisms in the country More

NON-CONVENTIONAL ENERGY


Wind energy cos upbeat on growth
The wind energy sector is confident of sustaining the over 40 per cent growth in capacity addition that it recorded in 2005-06 during this fiscal as well. "We are confident of sustaining the growth rate of last year," the ... More

ECONOMY


S&P revises outlook on India to `positive'
This may be followed by revision in sovereign rating in the future More

FERTILISERS


Delay in subsidy payment irks fertiliser makers
Cos to stretch their borrowing limits More

FOREIGN TRADE


China woos India Inc to list on its bourses
`It will enable Indian cos to buy Chinese firms put on the block' More

Meet on foreign trade policy
The Indian Chamber of Commerce is organising an Open House on Foreign Trade Policy and Procedures here on Thursday at Hotel Abad Plaza at 4 pm. Mr K.T. Chacko, Director General of Foreign Trade, will be the chief guest. ... More

HOTELS


The Rain Tree Hotel gets Ecotel certification
`First hotel in south India to get the recognition' More

PSU


Kerala State Textiles Corpn turns around
Registers Rs 2.78-cr net profit, first time in over 15 years More

Singareni arrears payment
The Chief Minister, Dr Y.S. Rajasekhara Reddy, has cleared the balance arrears payable to employees of the State-owned Singareni Collieries Company Ltd, as per the VII Wage Board agreement. The wage board agreement is valid from ... More

POWER


MIDC ties up with Reliance Energy
To set up two captive power plants in Thane, Nagpur More

IIFCL, IL&FS tie up to fund power projects
The newly formed India Infrastructure Finance Company (IIFCL) and Infrastructure Leasing and Financial Services (IL&FS) have signed a collaboration agreement to develop and finance generation and transmission projects in the power sector. ... More

Goa, PTCL to hold talks on sharing revenue
The Goa Government will hold talks with the Power Trading Corporation Ltd (PTCL) in the second week of May to workout a revenue sharing agreement over the 30-MW power project of the Goa Energy Ltd (GEL) coming up at Amona in north Goa. The ... More

TAXATION


`Rs 63 lakh loss in entertainment duty'
The Maharashtra Government lost revenue of over Rs 63.45 lakh due to non/short recovery of entertainment duty from cable operators between 1999 and 2004, according to a report by the Comptroller and Auditor General (CAG) of India. The report, for ... More

COAL


New tech to yield more diesel from coal?
Chemists in the US have invented a new catalytic process that could increase the yield of a clean form of diesel made from coal. This comes at a time when the landed cost of oil soars and worries over the US dependence on foreign petroleum ... More

PERSONAL PRODUCTS


Pricing power
Prices in the FMCG sector have risen, but not across all categories and SKUs. Competition has been making it difficult for market players to pass on the rise in input costs. More

RADIO/TV


DTH space heats up
`All set to reach every Indian home, however remote it may be' More

EDUCATION


INSTITUTION WATCH
ESCI - making engineers globally competitive
With a full-time faculty of 26 and the resources of 400 guest faculty drawn from the academia, research institutes and industry, the ESCI has trained people from 23 States and abroad. More

MEDICAL INSTITUTIONS & HOSPITALS


Hospital transport service
Heritage Hospital, focused on care for the elders, has launched a transport support service. It would improve the services being provided under its Bed Side Assistants (BSA) programme. The Transport service will help facilitate on the spot ... More

REAL ESTATE & CONSTRUCTION


CapitaLand Retail to invest $75 m in global realty fund
Plans to create retail income fund, development fund More

DLF appoints more book running lead managers for IPO
Land bank valued at Rs 80,000 crore across Indian cities More

Realty tweaks evoke mixed reaction
RBI move not a surprise to the industry More

INDUSTRY ASSOCIATIONS


R. Seshasayee is CII President
Mr R. Seshasayee, Managing Director of Ashok Leyland, has taken over as President of the CII, succeeding Mr Y.C. Deveshwar of ITC. Mr Seshasayee has served as Director in ICICI Bank, EID Parry India Ltd and Sundaram Asset ... More

MINERALS


`Centre reviewing proposals on iron ore supply
The Union Steel Minister, Mr Ram Vilas Paswan, on Wednesday said the Centre was reviewing the Das committee recommendations on distribution of iron ore, and would incorporate the required changes in the National Steel Policy following discussions ... More

IPR


TNAU invention gets IPR patent
A mechanical device that separates with ease the eggs of insects glued on the pulse seed coats, invented by the Tamil Nadu Agricultural University (TNAU), has won intellectual property (IP) patent from the Government of India. This is the first ... More

SOCIAL WELFARE


Pvt sector job reservation won't affect FDI inflows
Inflows to exceed $10 billion in 2006-07, says Kamal Nath More

RURAL DEVELOPMENT


Nabard hikes AP credit support
The credit support to Andhra Pradesh from Nabard (National Bank for Agriculture and Rural Development) has gone up to Rs 4,798.52 crore during 2005-06, showing a growth of 37.85 per cent over the previous year's figure. The financial support ... More

ENTREPRENEURSHIP


Women entrepreneurs meet
The Confederation of Women Entrepreneurs (COWE) is organising a two-day seminar on `How to export to EU', during April 22-23, here. The meet is being organised under the EU-India Business Association Cross-Culture Network for ... More

EXPORTS & IMPORTS


Rubber output may top 8.30 lakh t this fiscal
Consuming industries fear that growth is unlikely to ensure easy availability More

South tea sector gearing up to host Pak team
UPASI plans tea-tasting event More

ECONOMIC OFFENCES


Minding those who meddle with money
Papers of a new customer are before you. Your deputies in the bank have already interviewed him and done all the prescribed due diligence. Only, your stamp of approval is needed. A queasy thought crosses your mind even as you toy with your pen, ... More

PEOPLE


Ramaswamy, SAFA Vice-Chairman
Mr G. Ramaswamy, central council member of the Institute of Chartered Accountants of India, has been nominated as Vice-Chairman of the South Asian Federation of Accountants (SAFA). SAFA is a forum of professional accountancy ... More
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RBI Annual Credit Policy 2006-07

Union Budget 2006-2007

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In Depth

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Looking back
Apr. 9-Apr. 15
Bet on value-addition, innovation, India Inc told

`No outsourcing of core Customs functions'

Singapore chamber intitiative to deepen linkages with India

Sugar sector sees record output next season

Agri export zones may have single investment window

Soya oil prices soar on speculation

Oil majors keen on new exploration blocks

Foreign cos enter traditional wholesaling domain

Oil import bill swells to $40 b

India moves ahead in merchandise imports

Cement shortage hits many areas in the South

Industrial production up 8.8 pc in Feb

Weather models split over La Nina

Govt withdraws benefit to EOUs for supplies made in DTA

Average Indian household pays 42 bills online a year: Study

Passenger car market growth climbs down to 7.5%

Goan mine owners break the ice to own a ship

IDBI Bank doubles infrastructure exposure

Women want shopping to be fast and convenient



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