Business Daily from THE HINDU group of publications
Monday, July 24, 2006
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BSE Sensex10085.91(-267.03)
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INDUSTRY & ECONOMY

EMPLOYMENT
`Experience' shows up at job fair
Headhunters were happy with the quality of job aspirants More

WILDLIFE
Time to make nature study fun item for kids
Kids are taught by books and not many have been helped to observe a common sparrow build its nest under the window sill of a home. More

ECONOMY
Most sources of revenue in TN seen buoyant
Shift to VAT could entail a drop in growth from commercial taxes More

INFRASTRUCTURE
Orissa witnesses frenzied investment activity
Steel, power, alumina refineries chief gainers More

Pricing issue looms over IPI pipeline project
Iran demands $7.2 per mmBtu against offer of $4.25 mmBtu More

PETROLEUM
High oil prices, rate hike concern keep bonds down
Bias towards hardening of yields evident from high buy-sell spreads More

Railways gets higher discount for diesel
Discount for this year is higher by Rs 90 per kilolitre More

ONGC preparing ground for Kakinada refinery, SEZ
Land acquisition process to be completed by October More

TAXATION
Cos may get respite from paying service tax on goods transport
Companies paying service tax on goods transport agency services may finally be allowed to avail themselves of abatement on such services. The issue of abatement on goods transport agency services has been mired in legal tangle over the last one ... More

VAT: TN trade favours constant interaction
Wants modalities to be thrashed out soon More

TEXTILES
SIMA hails decision on TUFS
The Southern India Mills Association (SIMA), Coimbatore, has welcomed the decision of the Ministry of Textiles to lift the freeze on sanctioning of fresh loans under the Technology Upgradation Fund Scheme (TUFS) with effect from July 21. In a ... More

SSI
KVIC reconstituted
The Government has reconstituted the Khadi and Village Industries Commission (KVIC), with Ms Kumud Joshi as the Chairperson. The Government had dissolved the commission in October 2004 in an attempt to `revamp' it. The ... More

RADIO/TV
Mobile operators to launch interactive FM radio services
Visuals and song related details among services being offered More

EDUCATION
Moodle along
This online platform seeks to make learning easy. More

The 3E formula for success
"One of the shortcomings of present-day students is the lack of industrial exposure. The outside world is harsh and extremely difficult. One needs to know what is happening around oneself. If you are not aware of what is happening, you will be ... More

How they dit it
Nisha Surendran, an engineering graduate, secured 99.8 percentile in CAT 2005 and 99.4 percentile in XAT. She got calls from IIM-B and IIM-K. She believes that Indian IT companies, especially those in the big league, are leveraging management ... More

REAL ESTATE & CONSTRUCTION
Prajay Celebrity Villas open for bookings
Prajay Engineers Syndicate Ltd has informed the BSE that its project `Prajay Celebrity Villas' in Hyderabad is in advanced stages of development and the company has decided to open bookings. The delivery of the villas coming up in Shamirpet, ... More

GOLD & SILVER
Gold could test support, rise
Gold futures ended lower on Friday on speculative selling in thin volumes and choppy trading conditions. Gold rose to a seven-week high on Monday as fighting between Israel and Hizbollah guerrillas in Lebanon raged, which prompted buying of ... More

INDUSTRY ASSOCIATIONS
GCCI new managing committee
A new managing committee of the Goa Chamber of Commerce and Industry (GCCI), the body representing industry and trade in the State, headed by the President, Mr Nitin Kunkolienker, has been announced. The Vice Presidents — ... More

FOREIGN DIRECT INVESTMENT
Rationalise FDI cap in TV distribution: FICCI
Industry chamber FICCI has asked for rationalisation of foreign direct investment cap in television distribution and news and non-news content. In a paper submitted to the Planning Commission, the chamber has highlighted the inconsistencies in ... More

EVENTS
Agenda for the week
FICCI (Eastern Regional Council): Banking Conclave — MD, State Bank of India, Mr T.S. Bhattacharya; 11.45 a.m.; Hotel Oberoi Grand, Kolkata United Bank of India: Press Conference by the CMD, Mr P.K. Gupta, to declare Q1 ... More

INCOME TAX
How prepared are you this tax-filing season?
Here are some tips for assessees who are to file their income-tax returns by July 31 More

ALTERNATIVE MEDICINES
Vaidyaratnam team for Korea
A delegation headed by Vaidyaratnam Ayurveda College Principal Dr R. Vijayakumar Varma is visiting South Korea as part of the Vaidyaratnam Group's efforts to create global awareness about ayurveda. During the 16-day visit, Dr ... More

PEOPLE
MMA office-bearers
The Madras Management Association office bearers for 2006-07 were elected at its Golden Jubilee annual general meeting held recently. According to a press release from the association, the office bearers are: President - Mr ... More

P.A. Jose re-elected NIPM chief
Mr P.A. Jose, Deputy General Manager of Mangalore Refinery and Petrochemicals Ltd, has been re-elected Chairman of the Mangalore chapter of NIPM (National Institute of Personal Management) for two more years. A press release by ... More






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Top Stories
Investors may support palladium prices

Vijaya Bank targets Rs 1-lakh cr biz by 2009

High oil prices, rate hike concern keep bonds down

Following the Singapore model

Railways gets higher discount for diesel

Cos may get respite from paying service tax on goods transport

Investors take more risk for higher returns!

Oil and fire, too strong for reason's force

ITC clarifies on wheat procurement

Looking back
Jul. 16-Jul. 22
`Big investments by Indian cos in UK'

Rural child workers earn more in agriculture

States headed for fiscal deterioration

Uncertainty over tea delegation visit to Pak

Oil market remains vulnerable to shocks

Exports touch $102 b in fiscal 2005-06

Hewitt launches Asia-Pacific salary increase survey

Israel may grant duty-free apparel imports

Finance Ministry vows to keep price stability in oil

Pharma industry seeks status quo on policy

Govt raises natural gas price by 20 pc

Cumin seeds export up on global short supply

SAIL willing to go the extra mile in Jharkhand

ONGC mulls competitive financial packages for key staff

Nuclear major Areva calls India `first priority' market

Nasscom plans 3 more cyber labs

Crude output rises in June

`High HIV/AIDS rate may affect economic growth'

Govt to make standards for tyres mandatory

ONGC told to get third-party audit for every well drilled

Orissa could become India's powerhouse, says CM


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