The Hindu Business Line : Wednesday, May 10, 2006

Giordano sets up shop
Giordano has launched its India operations by opening its first store in Chennai. Located in Chennai City Centre, the store marks the beginning of Giordano's ambitious plans for the Indian market, says a press release. According to Peter Lau, ... More

Steps to stop sand quarrying urged
Sattur Chamber of Commerce and Industries has urged the Centre to announce a new policy to safeguard sands in riverbeds. In a letter addressed to the Prime Minister, Dr Manmohan Singh, the chamber while welcoming the initiative ... More

MIT to collaborate with IFMR
The Institute for Financial Management and Research (IFMR), Chennai, and the Massachusetts Institute of Technology India Open Course Ware (MIT OCW) have signed a three-year agreement for developing course content and ... More

`Entrepreneurs must tap investment culture'
The increasing investment culture in the country marks a movement towards prosperity and the entrepreneurs should use this trend to the benefit of industrialisation of the southern region through their efforts, according to the Managing ... More

ANDHRA PRADESH

AP to divest stake in Hyderabad Industries
The Andhra Pradesh Government has decided to divest its holding in Hyderabad Industries Ltd. The Implementation Secretariat (IS) of the AP Public Enterprises Department has informed the stock exchanges that the State Government is disinvesting ... More

ISRO signs MoU with AP Govt on telemedicine
The Indian Space Research Organisation (ISRO) and the Government of Andhra Pradesh have signed a memorandum of understanding (MoU) for establishing telemedicine network in the State. Under the MoU, the ISRO would provide satellite bandwidth for ... More

ISB ties up with Indu for real estate research
The building laws and infrastructure guidelines in various States need rationalisation towards uniform regulatory framework. More

Stone laid for biotech park near Hyderabad
This is part of the Genome Valley that hosts a biotech cluster and comprises ICICI Knowledge Park and Shapoorji Pallonji Biotech Park. More

KERALA

Bank of India eyes Rs 2,500-cr biz in Kerala
Bank of India, in its centenary year, is planning to achieve a business level of Rs 2,500 crore in Kerala from the present Rs 1,700 crore. Addressing a press conference here on Tuesday, Mr Babu V. Mathew, Zonal Manager, said that plans were ... More

Srilankan Holidays' promotional offer
Srilankan Holidays, the leisure arm of SriLankan Airlines, has announced a special promotional offer on flights from Thiruvananthapuram. The `stay over and shop over' package offers passengers a return, economy class air ticket on the ... More

FACT hands over 50 acres for waste treatment plant
The common facility for treatment and disposal of industrial waste from various factories in the State is a project suggested by the Supreme Court Monitoring Committee. More

30 pc rise in Keltron turnover
The public sector Kerala State Electronics Development Corporation (Keltron) has registered a 30 per cent growth in turnover in the year ended March 31, 2006. The net turnover during the year was Rs 110 crore against Rs 82.51 crore in the ... More

Energy demand to be a `major challenge'
In the next few years, the US, China, and India in particular, will turn increasingly to coal. MIT report paints a grim picture More

Diabetes screening device
Doctors in South India are the first in the world to have discovered the benefits of a new medical technology — ANSiscope — that helps in early screening of a major diabetes complication called diabetic autonomic ... More

KARNATAKA

Call to develop Udupi, DK as educational hubs
Dr N.K. Thingalaya, Chairman of the Academic Council of Justice K.S. Hegde Institute of Management, has stressed the need for developing Dakshina Kannada and Udupi districts as international education hubs. Presiding over the Institute Day ... More

`Many cos keen to set up units in Mangalore SEZ'
There are enough opportunities for entrepreneurs to set up their units in the general-purpose multi-product component of Mangalore Special Economic Zone (SEZ), according to Capt J.P. Menezes, Vice-President of Kanara Chamber of Commerce and ... More

OTHER STATES

UP Power Corpn fined for grid violation
The Central Electricity Regulatory Commission (CERC) on Tuesday imposed a fine of Rs 1 lakh on the Uttar Pradesh Power Corporation Ltd (UPPCL)for continuous violation of grid code norms. Acting on a petition by the Northern Region Load ... More

MAHARASHTRA

Sunny Water Sports plans to launch double-decker boats
Also scouts for a bigger location for manufacture of bigger boats More

Mahratta Chamber to launch arbitration cell in Pune
The Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) has decided to launch an arbitration cell in Pune. Talking to presspersons, Mr A.N. Navare, Chairman, Corporate Legislation, said the need to set up the arbitration cell was ... More

G.S. Parkhe awards
The Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) has announced the G.S. Parkhe Industrial Awards for the year 2006. The chamber received about 27 nominations. Talking to presspersons, Mr Ravi Pandit, President, MCCIA, said ... More