The Hindu Business Line : Friday, April 21, 2006

Canara Bank ups NRE deposit rates
Canara Bank has revised upward the interest rates on NRE term deposits with effect from April 18. The new rate for deposits with a tenure ranging from one year to three years will be 6.30 per cent. The existing rate is six per ... More

Karnataka Bank NRE deposit rates
Karnataka Bank has increased interest rates on NRE deposit scheme with effect from April 19. bank release said here on Thursday rates had been increased to 6.29 per cent (6.04) on maturities of one year to less than three years; ... More

OUTSOURCING

Big retailers double sourcing of garments from India
"While Chinese players have reduced their prices in an attempt to capture a larger share of the market, Indian garment makers have tried to focus more on quality." More

ECONOMY

ICC corporate survey gets top rating for CM's positive efforts
Corporate Bengal has cited the confidence-building efforts of the Chief Minister, Mr Buddhadeb Bhattacharjee, as the single most important reason behind the positive business climate in the State. In a recent survey conducted by the Indian ... More

FOOD & DAIRY PRODUCTS

Biscuit makers moot new duty structure to tackle price woes
Seek lower VAT on low-price, high-nutrition category More

PSU

Meet on public enterprises
The Institute of Public Enterprises (IPE) is organising a one-day seminar on "Principles and practices of memorandum of understanding in public enterprises" here on Saturday. The meet would discuss the essence of the MoU system ... More

PETROLEUM

Shipping cos to invest more in offshore sector
Boom in oil & gas exploration throws up business opportunities More

PHARMACEUTICALS

US cos seek speedy pharma reforms in India
Call for expanding drug patents scope, increased data protection More

POWER

CERC as Caesar's wife
Now, the case of another regulator. It may not impair its impartiality, but the Central Electricity Regulatory Commission — the apex regulator for the power sector — has been functioning out of premises leased from NTPC Ltd at the ... More

TAXATION

`Implement GST without compromising fiscal autonomy'
India must go in for a goods and services tax (GST) system without compromising the fiscal autonomy of States, said the Chairman of the Prime Minister's Economic Advisory Council, Dr C. Rangarajan. "There is some advantage for implementing a ... More

`TN will lose out without VAT'
The overwhelming opinion is that value-added tax is necessary and is desirable, according to the Union Finance Minister, Mr P. Chidambaram. And States such as Tamil Nadu and Uttar Pradesh that do not implement VAT will lose ... More

TEXTILES

`Labour reforms vital for textile industry'
Labour reforms are the need of the hour for the Indian textile industry, and keeping this goal in mind the reform measures would be decided upon by the end of this year, said the Union Textile Minister, Mr Shanker Sinh Vaghela. He was addressing ... More

`Develop new industrial belt for textiles'
The Karnataka chapter of the CII has urged the Government to develop a new industrial belt for textile and apparel industry in the Srirangapatnam-Mysore-Nanjangud region. With self-contained infrastructure facility and the Cauvery river flowing ... More

RADIO/TV

Philips bullish about `Vardaan'
Satellite TV will see a widespread adoption in rural India soon, said Mr Rick Harwig, CTO of Royal Philips Electronics, The Netherlands. Philips has test-launched `Vardaan', its digital satellite TV offering. Vardaan packages a dish antenna, a ... More

DD to have live-feed of sports events
Ministry's notification silent on cricket More

EDUCATION

Andhra varsity, HSBC sign MoU
To introduce special course with focus on customer service management More

TDC, Australian varsity sign pact
The Technology Development Centre (TDC) has announced an alliance with the University of Western Sydney, Australia, to bring synergies between industry and academia through research placements for Indian engineering graduates. Addressing a ... More

MEDICAL & SURGICAL EQUIPMENTS

US co develops device to monitor autonomic nervous system
Sets up subsidiary in Chennai More

INDUSTRY ASSOCIATIONS

CII to create 100 new billion-dollar cos
To reposition India as creative, innovative product developer More

GENDER

`Domestic violence is taken for granted in Bihar'
Where are the gender rights? Where there is so much discrimination against women, where is the question of rights? — MS RENU RANJAN, HEAD, DEPARTMENT OF SOCIOLOGY, MAGADH MAHILA COLLEGE, PATNA More

SOCIAL WELFARE

Variety in mid-day meals menu
In a bid to popularise the mid-day meal (MDM) scheme aimed at promoting elementary education, several States have decided to introduce variety in menu, switching over from the traditional daliya/khichdi (combination of rice and ... More

`Reservation in pvt sector not conducive factor'
Providing educational opportunites and skills to be better More

REGULATORY BODIES & RULINGS

Insurers get ready for deregulation of tariffs
De-tariffed regime expected to come into effect from January More

EVENTS

PM to inaugurate Hannover fair
After a gap of 21 years, India named partner country More

Vesuvius hopes completion in May
Vesuvius Group, a wholly owned subsidiary of Cookson Group of the UK, hopes to complete the expansion of the de-bottlenecking project at Visakhapatnam by May this year. The company expects commercial production. It has invested ... More

`Go lean to be competitive'
Productivity Summit 2006 inaugurated in Chennai. More