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Saturday, November 25, 2006
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INDUSTRY & ECONOMY

URBAN DEVELOPMENT
German aid for urban development
Federal Republic of Germany has committed to lend about Rs 440 crore (77 million) towards urban development infrastructure in Tamil Nadu, according to a press release. Under the framework of financial cooperation, the ... More

NON-CONVENTIONAL ENERGY
HC says no to wind mills' plea for refund of peak hour tariff
The First Bench of the Madras High Court has rejected the relief sought by the 396 wind mill farms in Tamil Nadu by ordering the State Electricity Board not to refund the 20 per cent peak hour charges for power consumed by them, levied since ... More

ECONOMY
Bank credit up Rs 15,525 cr
Gross bank credit has gone up by Rs 15,525 crore to Rs 16,71,093 crore as of November 10, according to RBI's Weekly Statistical Supplement. Food credit increased by Rs 1,025 crore to Rs 37,657 crore and non-food credit was up by Rs 14,501 ... More

FOREIGN TRADE
Chamber plans sessions in tier-II cities
The Indo-American Chamber of Commerce, Tamil Nadu Branch, plans to organise daylong sessions on `Doing business with USA' in tier-II cities in Tamil Nadu such as Salem, Puducherry and Tiruchi. In the past, the Chamber has held such sessions ... More

INFRASTRUCTURE
`SEZ tax sops to cost over Rs 1 lakh cr in 4-yr period'
Revised figure is Rs 8,717 cr higher than the previous estimate More

Reliance Ind looking to invest in Bengal
State to turn Haldia into petrochem investment region More

Britain offers expertise to help transform Bengal
"Developing 21st Century infrastructure, whether it is ports, hospitals, schools or housing is very difficult." More

PETROLEUM
GAIL in talks with Algeria, Nigeria for LNG supplies
LNG to be used for Ratnagiri terminal More

Essar Oil starts trial runs at Vadinar refinery
Plans to export 30-40 pc of production More

Qatar agrees to supply additional LNG
Qatar has agreed to supply additional 2.5 million tonne per annum (MTPA) of liquefied natural gas to India from June 2009. Speaking to newspersons the Second Deputy Premier and Minister of Energy and Industry of Qatar, Mr Abdulla Bin Hamad ... More

Maharashtra cuts sales tax on diesel
In Mumbai, the price would be Rs 36.67 per litre More

SSI
SSIs for relocation of units from old industrial estates
Fapsia has formulated a scheme, Rajiv Udyoga Sikshana Pathakam, to train youth. Plea to allocate unused HMT land near Hyderabad More

WATER
Mullaperiyar standoff
NO CONSENSUS REACHED: The ageing Mullaperiyar dam, located within Kerala territory but owned, operated and maintained by Tamil Nadu, has seen periodical wars of nerves between the two State Governments over the dam's safety. Kerala has objected ... More

COAL
NTPC to spend Rs 6,000 cr on coal block
NTPC Ltd plans investments to the tune of around Rs 6,000 crore for developing its 15-million-tonnes per annum Pakri Barwadih captive mine — the first of a series of eight mining blocks allotted to power major. The company plans to start ... More

RADIO/TV
TN Govt to buy 25-lakh colour TVs from 5 cos
The Tamil Nadu Government on Friday said that it has decided to place orders on five companies for purchase of 25-lakh colour television sets. At a price of Rs 2,740 a piece, the total cost works out to Rs 685 crore. A Government press release ... More

EDUCATION
Narsee Monjee Institute plans campus in Singapore
The Government's reservation on domestic colleges setting up campuses abroad notwithstanding, the Mumbai-based deemed university, Narsee Monjee Institute of Management and Higher Studies (NMIMHS) is planning a campus in Singapore. To come up in ... More

VETA training centre in Madurai
VETA, earlier known as Vivekananda Institute, a premier English training academy in the country from Chennai, opened its 10th regional spoken English training centre in the city on Thursday. A substantial boom in rural economies ... More

`Understanding of values at workplace vital for rise in life'
To gain a rise in life, one need not be born rich but necessarily must understand the values at workplace. While work is a means to express oneself, workplace is an opportunity for every individual to establish one's identity and a platform for ... More

FOODS & FOOD PROCESSING
Plan to give SEZ status to proposed Food Tech Parks
The Ministry of Food Processing Industries has moved a comprehensive proposal to give SEZ status to proposed mega Food Technology Parks with a provision of 50 per cent produce for domestic consumption and remaining for exports. Announcing this ... More

SCIENCE & TECHNOLOGY
Pvt sector participation in nuclear power in phased manner
Private sector participation in building India's nuclear power will be in a phased manner. The necessary legal amendments to facilitate this would be in place soon, according to Dr Anil Kakodkar, Chairman, Atomic Energy Commission. The role of ... More

Research labs team up for carbon nanotube, composites research
A consortia of Indian academic institutes and industry will be involved in a major national initiative to develop prototypes and technologies from carbon nanotubes and composites, which find a vast range of commercial applications. Driven by ... More

Agni-III second launch by early next year
The long range Agni-III missile, whose maiden test flight on July 9 failed, will now be test fired again from the Wheeler Island off the Bhubaneswar coast in early 2007. "The causes for the `failure' of the July 9 flight have been thoroughly ... More

`Junk' DNA is not junk
Molecular biologists report new findings on Y chromosome More

CINEMA
`Film piracy still an issue'
The entertainment industry loses up to Rs 1,700 crore in piracy annually, says the Motion Picture Association (MPA), which has conducted close to a 1,000 raids with law enforcement agencies across the country in the last two years. MPA ... More

RURAL DEVELOPMENT
New rollout: Mobile phone services to 2.5 lakh remote villages soon
More

INDUSTRIAL POLICY
Kerala draft industrial policy focuses on traditional sector
Thrust on revitalising handloom, coir More

EVENTS
`Welding sector poised to grow'
The Indian Institute of Welding today inaugurated a three-day seminar on `Advances in Joining Technology for Quality and Competitiveness', according to a release. The Indian welding industry is poised to grow over the next five ... More

NATURAL CALAMITIES
Rs 6,000-cr State-wise relief package for farmers soon
The Government is finalising a Rs 6,000-core State-wise relief package to mitigate the sufferings of farmers and prevent them from committing suicide, said Mr M. V. Rajasekharan, Minister of State for Planning. While speaking at the concluding ... More






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Top Stories
Air Sahara files compensation claim

Rs 6,000-cr State-wise relief package for farmers soon

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