The Hindu Business Line : Wednesday, June 21, 2006

NON-CONVENTIONAL ENERGY
Mansi Oil ties up with overseas co for biodiesel foray
Even as several corporates seriously explore venturing into the promising biodiesel business and for that purpose examine partnership options, at least one Indian company has succeeded in clinching a deal with an overseas partner for supply of ... More

ECONOMY
`No change in gross market borrowing estimate'
The Government on Tuesday clarified that there was no change in the overall gross market borrowing of Rs 1,52,856 crore provided for in the budget estimates 2006-07 and that the additional Rs 4,000 crore included in the June tranche was not an ... More

HEALTH
GE Health opens first radiopharmacy
GE Healthcare, a unit of General Electrical Company, today said it has opened its first radiopharmacy centre in the Capital and it would be operational by the end of 2006. The radiopharmacies are used to label and produce ... More

INFRASTRUCTURE
Convention centre, five-star hotel to come up in Thrissur
Work on a 4,000-seat convention centre by the Rs 3,200-crore EMKE group is nearing completion at Thrissur. An exclusive helipad, built as per international aviation standards, is expected to provide a new dimension to the way conventions and ... More

PETROLEUM
RIL declines discount request of oil retailers
MRPL wants crude exports kept out More

POWER
Mahagenco signs MoU for power projects expansion
Rural Electrification Corp, Power Finance Corp to fund project cost More

ICSA bags contract
ICSA (India) Ltd, the Hyderabad-based company, has bagged an order worth Rs 30.51 crores from Ajmer Vidyut Vitran Nigam Ltd to execute a power related project. The project comes under Banswara and Nagaur circles in Rajasthan, ... More

Pondy must extend subsidised power tariff as promised: HC
`No right to withdraw scheme mid-way' More

SSI
`Financial apartheid' in informal sector: Study
Haven't we heard dozens of such stories? Rags-to-riches stories never fail to fascinate, but in all that glory we often fail to see that singular ability of that successful entrepreneur — ability to access finance. That's what distinguishes ... More

TYRES
`Reject tyre makers demand to ban rubber exports'
Rubber dealers plea to Centre More

COAL
12 States allotted 19 coal blocks
Coal availability expected to spur industrialisation More

EDUCATION
CTS picks 572 students from Anna University
Cognizant Technology Solutions (CTS) has selected 572 students from Anna University as part of its campus recruitment. It is learnt that the starting salary is about Rs 2.11 lakh a year during the six-month training period. On confirmation, the ... More

CARS
Buyback scheme to push up Corolla sales
Last time Toyota dealers gave away petrol worth Rs 1 lakh as an incentive to buy Innova and this time they are willing to buy back the Corolla if it helps to push up the sales. Claimed to be a first in the industry, the scheme is worked out in ... More

AUTOMOBILE COMPONENTS
`Even 10 pc of world auto-component business is lot for India'
"The auto-component business that is favourable for India totals to some $380 billion. What players like us from the developing world are trying to do is to get a part of that business. And that will never be more than 20 per cent. But that is big bu siness." — MR BABA KALYANI, CHAIRMAN, BHARAT FORGE More

MEDICAL INSTITUTIONS & HOSPITALS
Navigation system in Yashoda Hospital
Mr K Rosaiah, Minister for Health and Finance, Andhra Pradesh, has inaugurated a modern computer navigated open platform for joint replacements at Yashoda Hospital's Secunderabad unit. Dr Akhil Dadi, a specialist in navigation ... More

REAL ESTATE & CONSTRUCTION
IDBI plans e-auction of Chennai property
Over 1,00,000 sq ft on upmarket Boat Club Road More

Upward spiral
A CONSTRUCTION BOOM in the State has jacked up the prices of burnt clay bricks. From about Rs 1.50 a piece five years ago, they now cost more than Rs 3.50. ... More

`New Delhi building bylaws have loopholes'
Accessibility norms for differently abled More

LEATHER
Footwear exporters bullish as demand grows
On an expansion spree; capacities could grow 50 pc this year More

INDUSTRY ASSOCIATIONS
KCCL plea to Manmohan
The Kanara Chamber of Commerce and Industry (KCCI) has urged the Prime Minister, Dr Manmohan Singh, to initiate steps to operate international flights from Mangalore. In a letter to Dr Singh - copies of which were released to ... More

GLASS
`Exempt float glass from pref duties'
The domestic float glass industry has urged the Commerce Ministry to exclude its products from any concessional or preferential Customs duties under the proposed Comprehensive Economic Cooperation Agreement (CECA) between India and the Gulf ... More

DISINVESTMENT
Govt may agree to Nalco selloff conditionally
The Ministry of Mines is agreeable to offload 10 per cent stake in National Aluminium Company Ltd (Nalco) provided that the proceeds are utilised for the company's own expansion plan and not be put into the Consolidated Fund of India. "We are ... More

FOREIGN DIRECT INVESTMENT
`India to consider allowing FDI from Bangladesh'
Favours case-by-case approach and not automatic route More

HUMAN RESOURCES
Personality development course
The FICCI Ladies Organisation, New Delhi supported by Hanns Seidel Foundation of Germany, in collaboration with the Indian Chamber of Commerce and Industry, Kochi, is organising a two-day workshop on personality development and ... More

EVENTS
FIEO plans expo in Vienna
The Federation of Indian Export Organisations (FIEO) is organising a multi-product business exhibition in Vienna during the `India Week Celebrations' to be held from June 23 to 25. An FIEO delegation representing 21 companies is to participate in ... More

EXPORTS & IMPORTS
TN sugar mills allowed to export molasses
Steep increase in sugarcane production More

Paper imports up 14.04% in 2005-06
Quantum of pulp imports likely to increase in future More

SEZs post 25.8% growth rate in 2001-05
Growth rate way behind that of the Chinese More

Eight bidders for wheat import tender
Relaxation in quarantine and quality norms seems to have helped the State Trading Corporation of India (STC) to garner better response to its latest tender for import of 22 lakh tonnes (lt) of wheat. The tender, which was opened here on ... More

Govt further tightens SUV import norms
No change in the existing two conditions for availing benefits More

NATURAL CALAMITIES
Mumbai floods weigh on Oriental Insurance net
Underwriting losses offset by higher investment gains More

TOURISM
Tourism revenue expected to be Rs 9,000 cr this year
Move to exempt tourism sector from strikes and hartals More

STANDARDS & BENCHMARKS
CII, AdeQuaTE to conduct training
The Confederation of Indian Industry in association with AdeQuaTE{logicalnotshy}shy, the Academy for Quality In Training and Education in Geneva, is organising a series of workshops on ISO 10015 Training Quality Management ... More