The Hindu Business Line : Tuesday, October 17, 2006

CLIMATE & WEATHER
Seminar on lightning protection
The city-based Centre for Indian Sciences and Social Action is organising a one-day seminar on `lightning protection' in the city on October 26. Every year in India, many lives are lost and lots of equipment damaged due to lightning strikes, ... More

Southwesterlies continue to drive rain
Northeasterlies still weak, disorganised More

AWARDS & HONOURS
NGRI scientist wins award
Dr G. Parthasarathy, Deputy Director, National Geophysical Research Institute (NGRI), here has been selected for the Materials Research Society of India (MRSI) Medal for the year 2007. The MRSI award would be presented at the ... More

COURTS/LEGAL ISSUES
Corus-Tata deal: An instance of how laws can constrict M&A
The Corus-Tata deal continues to make news, even as both the companies continue to consider various options to combine. For watchers of M&A (merger and acquisition), the deal is a case study of how Indian acquirers have to consider takeover code More

ECONOMY
2006 UNCTAD World Investment Report
Gathering clout of developing-country TNCs
Diverse countries have become home to large transnational corporations and are investing significant amounts of FDI overseas. More

`India's growth must be widespread'
India's growth has to be widespread and also sustainable, according to Mr Nandan Nilekani, Chief Executive Officer and Managing Director, Infosys Technologies. While delivering the inaugural address at the first convocation ceremony of the ... More

ENVIRONMENT
IDBI, Mitcon in pact for carbon credit services
IDBI is the first nationalised bank to take the initiative to assist companies in this business. More

HEALTH
Govt inks $672-m health package with World Bank
More

INFRASTRUCTURE
IIFC, 3 public sector banks to co-fund infrastructure projects
India Infrastructure Finance Company and the three public sector commercial banks - Indian Bank, Oriental Bank of Commerce and Corporation Bank - on Tuesday signed a MoU to jointly undertake financing of infrastructure ... More

Karnataka Govt mulls inter-modal transport system
iDeCK told to prepare feasibility study More

PSU
Cabinet okays norms for wage negotiations for Central PSUs
Govt not to provide Budgetary support for wage hikes More

PETROLEUM
First tranche of oil bonds worth Rs 5,000 cr issued
To carry 8.13 pc coupon rate and 15-year tenure More

POWER
Karnataka power regulator cuts tariff by about 36 paise/unit
Rural areas to be biggest beneficiary More

EDUCATION
`India needs specific models of development'
After 50 years of planned development, Indian entrepreneurs have come of age, Mr Naresh Ponnapa, CEO, Indecomm Global Services, said. Addressing the annual management conclave, Horizons, of the Indian Institute of Management, Kozhikode (IIMK), ... More

Gifts for Diwali: This Pune school shows the way
CONCERN FOR LESSER PRIVILEGED More

MEDICAL INSTITUTIONS & HOSPITALS
Fighting dengue: `Involve pharma cos'
Private sector cos claim Govt not interested More

HANDLOOM
Knotty yarns
A HOUSEWIFE engaged in weaving at her home near Kannur in Kerala. The handloom sector is second only to agriculture in providing livelihood to people in the country. Obsolete technologies, unorganised production system, low productivity, ... More

KNITWEAR & HOSIERY
`Regional garment brands can survive MNC onslaught'
Catering to the higher end of men's wear segment More

NEWSPAPERS & PUBLISHING
`Young World' quiz winners
Little Flower Junior College got past an enthusiastic Bharatiya Vidya Bhavan, Jubilee Hills, to earn the right to go to the National Finals of The Hindu Young World Quiz-2006 competition, to be held on November 14 in Madurai. ... More

FOREIGN DIRECT INVESTMENT
`China still top FDI destination'
India got $7 b of the $10-b inflow to S. Asia in 2005, says Unctad report More

RURAL DEVELOPMENT
USO Fund for rural mobile services too
The Cabinet has approved extension of financial support from the Universal Service Obligation Fund (USOF) to mobile telecom operators to create infrastructure in rural and remote areas, the Minister for Information and Broadcasting, Mr P.R. ... More

EXPORTS & IMPORTS
India top pepper supplier to US
The US imports of pepper during January-August this year has gone up by 3 per cent with India topping as the major supplier of ground pepper. India, according to industry sources, has also improved its exports of whole black pepper to the US. ... More

8 lakh tonnes of soyameal contracted for exports
Bean arrivals peak in markets; price to stabilise after Diwali More

Govt to focus on cutting export transaction cost
It would also try to set benchmarks at every level, the Commerce Secretary, Mr G.K. Pillai, said here today. Speaking at the northern regional award function of the Engineering Export Promotion Council (EEPC), the Secretary said: "My focus area ... More