The Hindu Business Line : Tuesday, June 13, 2006

CLIMATE & WEATHER
Welcome clouds
A YOUTH TAKES a stroll along the shoreline as clouds hover over the Bay of Bengal in Visakhapatnam on Monday evening. The city, experiencing sultry weather for the past few days, received welcome showers on Monday ... More

NRIS
NRIs forum seeks international terminal in Mangalore
UAE-based NRIs forum has urged the Karnataka Government to acquire land for the construction of international terminal at Mangalore airport at the earliest. A press release by the forum said that the Karnataka Chief Minister, Mr H.D. ... More

Rs 1.47-crore grant for research unit on international migration
MoUs to be signed with many countries; Varsity for PIOs planned More

NON-CONVENTIONAL ENERGY
`Make solar panels mandatory'
The burden on conventional energy sources can be reduced if installation of solar panels is made mandatory for all flat promoters, hotels and power laundries, according to the Chief Engineer of Tamil Nadu Electricity Board ... More

SOCIAL SECURITY
PSB unions to meet on June 15
A meeting of the Indian Banks Association (IBA) and the All India Bank Officers Association (AIBOA) is slated for June 15 at Chennai. The discussion is expected to centre on compassionate appointment and introduction of second option on ... More

ANTI-DUMPING
Dumping probe on steel wheels from China
The investigation has been initiated by the Designated Authority in the Commerce Ministry on the basis of the application jointly filed by Chennai-based Wheels India Ltdand the Pune-based Kalyani Lemmerz Ltd, sole producers of steel wheels in ... More

ECONOMY
IIP registers 9.5% growth in April
Manufacturing sector grows by 10.4 pc, mining up 4.3 pc More

HEALTH
AP to get £ 100-m UK grant to boost health sector
The Andhra Pradesh Government would get a grant of £ 100 million (about Rs 860 crore) from DFID (Department for International Development, the UK) for bolstering the health sector in the State. The Government would have the flexibility in ... More

INFRASTRUCTURE
Karnataka CM moots public debate on corridor project
`Not against project but concerned about Government assets' More

Board of Approval clears 23 SEZ projects
For the first time, an SEZ exclusive for handicrafts in Uttar Pradesh More

NICE urges CM to release remaining land
In a new development, Nandi Infrastructure Corridor Enterprises (NICE) has sent a 25-page memorandum to the Chief Minister, Mr H.D. Kumaraswamy, pressing him to release within a week the remaining land and to disburse landowners' compensation ... More

Novel protest
VILLAGERS DECIDED to adopt an innovative form of protest against NICE that is implementing the BMIC project. They cut vegetables and cooked their food on the section of the expressway (Outer Peripheral Road) that is scheduled to open to the ... More

PETROLEUM
DGH targets Rs 100-cr revenue this fiscal
62 foreign companies show keen interest in sixth NELP round More

Canoro Resources to raise $25 m
Canada-based Canoro Resources Ltd plans to raise $25 million through private placement of 24.3 million common shares. The sale proceeds would be invested for appraisal and exploratory drilling in Canoro's existing interest in oil and gas sector ... More

POWER
Free power spree...
Who's counting the costs?
At the high cost of power, economic reforms? More

DVC plans new projects to generate 4,500 MW
Damodar Valley Corporation (DVC) intends to reposition itself in the same business. It has finalised a Rs 18,000-crore investment plan for setting up three new extension units adjacent to the existing thermal power plants and six greenfield ... More

AP power sector gets top rating
The Andhra Pradesh power sector has been assigned "First rank" for its overall performance in 2005-06 in the Crisil rating exercise commissioned by the Ministry of Power, Government of India. For the third time, the State has been awarded top ... More

Gujarat EB makes a turnaround wiping out Rs 2,542-cr loss
Prudent steps help it earn Rs 200-cr net profit More

TAXATION
Service tax: Ministry to invite views from public
The Finance Ministry has decided to elicit the views of all stakeholders, including the common man, over the issue of identifying and doing away with all redundant service tax circulars. Besides appointing a one-man committee to review all ... More

TEXTILES
NTC records Rs 1,014-cr net
Self-financed revival scheme made it possible: Ramachandran Pillai More

COAL
Coal Ministry to proceed with CIL's subsidiary plan
To place the proposal for Cabinet consideration More

Singareni Collieries, CSIRO tie-up
The Singareni Collieries Company Ltd (SCCL) has entered into an MoU with the Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australia to carryout geo-technical studies for adopting advanced mining ... More

RADIO/TV
SET Discovery ties up with Dish TV
SET Discovery has announced a distribution tie up with Dish TV for the DTH platform. With this arrangement a number of channels from TheOneAlliance bouquet, SET, MAX, Discovery Channel, Ten Sports, SAB, Discovery ... More

Draft CAS pact forms released
TRAI seeks comments by June 27 More

EDUCATION
Anoo's Electrolysis to set up Intl Beauty School
More

Part-time MBA programme
The Institute of Public Enterprise (IPE) has announced admissions for its part-time MBA programme for candidates qualified in the ICET 2006. Candidates should be in the age group of 25-40 and have minimum three years working ... More

Nice to be back!
CHILDREN DISCUSS their holiday activities on the school reopening day in Hyderabad. The schools reopened on Monday after the summer holidays.

INDUSTRY ASSOCIATIONS
Sattur Chamber plea
Sattur Chamber of Commerce and Industries has urged the Prime Minister, Dr Manmohan Singh, to consider and drop the announced service tax on the service of money orders, and express letters of postal service, effective from June ... More

BIO-TECH & GENETICS
Israel may collaborate with India in biotech
Israel may cooperate with India in biotechnology, Mr Mouneer Agdariya, Counsellor, Economic Affairs, Embassy of Israel, has said. This may prompt an Israeli delegation to visit the biotechnology exhibition to be organised by the Southern India ... More

SCIENCE & TECHNOLOGY
`Nuclear tech must be used for food security'
India must lead in peaceful applications More

India map soon on Web officially
Huge business opportunity for GIS companies seen More

CINEMA
New office-bearers for film chamber
Mr G. Viswanath (Urvasai Theatre, Vijayawada) has been elected President of Andhra Pradesh Film Chamber of Commerce (APFCC) for the year 2006-07, a press release said here on Monday. The other office-bearers are: Mr K.S. Rama ... More

EXPORTS & IMPORTS
Exporters need not furnish overseas buyers' details
Exporters can now breathe easy as they need not divulge any confidential business information about the overseas buyer or the details of the product exported, while applying for a certificate of origin (non-preferential) from authorised ... More

STC floats fresh wheat tender
The State Trading Corporation of India (STC) on Monday issued a fresh tender for import of 22 lakh tonnes (lt) of wheat on behalf of the Union Government. The last date for submission of bids as well as opening of the tender is June 20. This is ... More

TOURISM
Rs 1,000-crore investment target for Kerala Tourism
20 pc rise in foreign tourist arrivals; total earnings Rs 7,738 cr More

Kerala Minister asks stakeholders to explore new avenues
Kerala Tourism needs to adapt to the changes in the market quickly and exploit new vistas and avenues for growth, Mr Kodiyeri Balakrishnan, the State Tourism Minister, has said. For this, the State needs to tap new markets, develop new ... More