The Hindu Business Line : Friday, July 28, 2006

EMPLOYMENT
Private sector offers job reservation
A section of the industry has voluntarily offered to provide reservation in private jobs to the Scheduled Castes and Scheduled Tribes. At a meeting of the representatives of industry chambers CII and Assocham, and the Tata Sons Director, Dr ... More

NRIS
AP to have separate dept for NRIs
Education Directorate to have legal cell More

ECONOMY
Impact of fuel price on inflation marginal: Deora
Weights of petrol and diesel in the wholesale price index only 0.89 per cent and 2.02 per cent, respectively." More

INFRASTRUCTURE
Interim report on freight corridors by year-end
The Japanese International Cooperation Agency (JICA) may submit an interim report on the feasibility study of the dedicated rail freight corridors before the year-end. The Railway Minister, Mr Lalu Prasad, has requested the Japanese Minister ... More

PSU
Improve loss-making cos or close them, CAG tells Bengal
Analysing the financial position of the State Government companies in West Bengal, the Comptroller and Auditor-General of India, in its report on West Bengal for the year ended March 31, 2005, has pointed out that even after completion of over ... More

POWER
Much heat, little light on nuclear deal
While New Delhi can say it is not bound by any "Sense of the Congress" provisions in the legislation, it must recognise that nuclear cooperation with the US will end if it tests a `nuclear device'. Therefore there is merit in the criticism that India is being coerced to adhere to the Comprehensive Test Ban Treaty by threats of sanctions and an end to nuclear cooperation, says G. PARTHASARATHY. India should not rush into concluding any agreement for importing nuclear reactors till there are irrevocable guarantees of fuel supply for the life of the reactors. More

Maharashtra ready to pay Rs 5.50 for Dabhol power
The Maharashtra Government is willing to buy power at Rs 5.50 per unit from Ratnagiri Gas and Power Pvt Ltd's Dabhol power plant. The price and the quantum of power to be bought will have to get regulatory approval, said sources in the ... More

BHEL commissions unit in NTPC station
Bharat Heavy Electricals Ltd (BHEL) today announced the commissioning of the first unit of 500 MW at NTPC's Vindhyachal Super Thermal Power Station Stage III in Madhya Pradesh. The new generation facility will add 12 MUs of electricity to the ... More

TAXATION
Goa introduces Bill to amend luxury tax structure
The amendment seeks to levy tax at the rate of 10 per cent on the turnover of receipts of the proprietor, for accommodation provided for commercial purposes. More

TEXTILES
REPORTER'S DIARY
Fickle-minded
A colleague recently got a peep at how the Government functions. Chasing the story behind the Finance Ministry's decision to put a cap on further sanction of money under the Technology Upgradation Fund Scheme (TUFS) for the textile sector, he ... More

EDUCATION
CAT Group issues clarifications on eligibility
The CAT Group has issued clarifications on the eligibility criteria for candidates appearing for CAT 2006 necessary for admissioninto the Post Graduate Programmes in Management in any of the Indian Institutes of Management. Several queries ... More

Lloyd's scholar prize
Lloyd's, the London-based company specialising in providing insurance services to businesses, has announced an annual scholar prize of $1,000 to the best student from the Institute of Insurance and Risk Management (IIRM) here. ... More

ISTE national meet in Coimbatore
The 36th Annual Convention and national seminar of the Indian Society for Technical Education is to be held between December 14 and 16 at the Bannari Amman Institute of Technology (BIT), Sathyamangalam. A technical exhibition has ... More

REAL ESTATE & CONSTRUCTION
Morgan Stanley to invest $1 b in Indian real estate
Morgan Stanley plans to invest more than $1 billion over the next 4-5 years in the Indian real estate sector. It has already invested about $140 million this year through three deals. According to Mr Zain Fancy, Head of Morgan Stanley Real ... More

Reaching new heights
CONSTRUCTION WORKERS line up to join the work after break time at the 35-floor tower 1 of the South City, the tallest residential building in Kolkata, on Thursday. With an estimated cost of Rs 1,500 crore, the project will have 1,650 flats. It ... More

3-day property expo in Kochi from today
To meet the increasing demand for housing and commercial facilities and to address the investment opportunities in the State, the Kerala Builders Forum is organising a three-day Kerala Property Expo 2006 here from Friday. As many as 37 ... More

INDUSTRY ASSOCIATIONS
OJC Chamber moots global box terminal at Rourkela
In an effort to boost exports, OJC Chamber of Commerce has suggested that the Orissa Government must open an international container terminal (ICT) at Rourkela. Recently, the Chamber sent a set of recommendations to the Orissa for framing its ... More

READYMADE GARMENTS
Ahmedabad to host 13th Garment Fair
3-day fair aims to revive industry's past glory More

FOREIGN DIRECT INVESTMENT
FIPB clears Hutch plan to hike stake to 68 pc
It is official now. The Foreign Investment Promotion Board has cleared the proposal from Hong Kong based-Hutchison Telecom to increase its stake in Hutchison Essar to 68 per cent. This includes the 10 per cent stake held indirectly by Egypt-based ... More

AAPC plan among FDI worth Rs 245 cr cleared
Singapore-based AAPC Hotels Management Pte Ltd has received the Government approval for down stream investment of Rs 150 crore in a newly formed joint venture company, Express Call Private Ltd, to undertake construction, development and owning of ... More

WTO
Real tariff cuts for developing countries may come unstuck
`Proactive approach must for early resumption of WTO talks' More

INCOME TAX
`Senior citizens to get IT refund within a month'
Special counters in Pragati Maidan for filing IT returns More

Income-tax staff call off stir
The agitation programme (including the proposed walkout on July 31) declared by the Income Tax Gazetted Officers Association (ITGOA) and Income Tax Employees' Federation (ITEF) has been called off, according to statements issued ... More

EXPORTS & IMPORTS
Kamal Nath calls for doubling exports to $125 b
Constraints to be addressed on priority basis More