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Saturday, December 16, 2006
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INDUSTRY & ECONOMY

URBAN DEVELOPMENT
Formulate 30-yr vision plan for Mangalore, urges chamber
Submits 21-point memorandum to the Mayor More

NON-CONVENTIONAL ENERGY
Energy Park
LIVE DEMO: Energy Park set up by Karnataka Renewable Energy Development Ltd with the aim of providing information about forms and sources of energy. A solar cooker is seen outside a hut run by energy generated by the solar modules stored in the ... More

ECONOMY
India's growth set to rise, China's to fall
China's growth depends largely on the growth of its exports, particularly to the US, where growth has fallen more sharply than in Japan and other developed countries in Europe. India's exports, despite their rapid increase, still account for only ... More

`S. Asia GDP estimated to have expanded at 8.2 pc in 2006'
The World Bank has said that GDP in South Asia is estimated to have expanded at a rapid pace of 8.2 per cent in 2006, with India leading the way with GDP growing by an estimated 8.7 per cent, backed by non-agricultural growth in excess of 10 per ... More

Kalam calls for raising GDP growth to 10 pc
`Spread development process to the rural sector' More

Karnataka trails in human development: Report
Climbs one notch in gender-related development index More

Marathwada chamber to boost industrial development
The Marathwada region is fast catching up with the industrial development in the State. In order to further accelerate the process, the Chamber of Marathwada Industries and Agriculture has taken an initiative to create a special platform by ... More

ENGINEERING
Engg exports from South up
The southern region exported engineering goods worth Rs 15,994 crore during 2005-06 compared with Rs 12,825 crore during 2004-05 — a 24.70 per cent growth. India's export of engineering goods in 2005-06 was $20,457 million and of this the ... More

ENVIRONMENT
IDBI, IFC join hands on carbon projects
Industrial Development Bank of India Ltd (IDBI) entered into a non-exclusive memorandum of understanding with Washington-based International Finance Corporation on Friday, to jointly assist domestic companies undertaking Clean Development ... More

FOREIGN TRADE
Manmohan offers to pull out the stops for Japanese investors
More

HOTELS
Trinity Capital to invest £11 m in luxury hotels in India
Trinity Capital has announced that it will invest £11.34 million (approximately Rs 100 crore), in a special purpose vehicle, which currently owns one 5-star Indian hotel and has acquired land to develop a further three luxury hotels over the ... More

Higher pricing: Goa may lose out on tourism
`Compared to South East Asian destinations, Goa tariffs are much higher' More

INFRASTRUCTURE
India, Japan announce Special Partnership plan
Multi-product Special Economic Zone to be set up for Japanese units More

Land acquisition on for port-based SEZ
The East Godavari district administration is going ahead with land acquisition for the proposed port-based special economic zone, even though there is uncertainty over the setting up of a refinery by the ONGC - the main project in the SEZ. ... More

Guindy estate all set to get Rs 17-cr facelift
Infrastructure at the Guindy Industrial Estate will be improved at a cost of Rs 17 crore through a public-private-partnership programme. As part of the Guindy Industrial Estate Infrastructure Development Programme, the Union and State ... More

PETROLEUM
IndianOil enters pact with Sinopec
To cooperate in hydrocarbon sector, international trade More

Niko may start drilling in Cauvery block in July
Niko Resources expects to commence drilling programme in Cauvery block in the South in July 2007. According to a recent company communiqué, Niko is currently conducting 3D seismic data acquisition programme in the block. The acquisition is ... More

Petronet may formalise LNG pact with Australia by June
Supply expected by early 2011; no indication on price band More

Reliance gas: Karnataka Govt seeks Centre's nod
For distribution projects in Bangalore and other major cities More

POWER
General Mediterranean hopeful of reviving TN power project
State Govt `very supportive of project' More

`Cut distance between power supply points'
Tamil Nadu has to lay emphasis on achieving higher energy efficiency. The strategy for this should include enhancement of feedstock availability for thermal power projects, maintaining the hydel-thermal power ratio and lowering the distance ... More

TNEB may have surplus power in 11th Plan
Projects for additional generation of 14,768 MW More

Efforts on to electrify all households by 2012: Shinde
The Centre is making efforts to ensure that it meets its target for achieving electrification of all households across the country by 2012, the Union Minister of Power, Mr Sushil Kumar Shinde, told the Lok Sabha today. "We expect rural ... More

`Risk of CO2 pollution through coal-based power plants'
"What price development and economic growth?" is a constant refrain one hears. Climate change is a big issue that is engaging the attention of economic planners and environmentalists alike. A strong positive correlation between industrial growth ... More

TAXATION
TN industry seeks fine-tuning of VAT Bill
Wants Govt to give it input tax credit once assessees submit invoice More

Chamber welcomes VAT panel set-up
The Tamilnadu Chamber of Commerce and Industry has welcomed the setting up of a high-level monitoring committee on VAT with representatives from trade, as prayed by the Chamber, by the State Government. The constitution of the ... More

TEXTILES
SIMA calls for creation of AP cotton brand
More

WATER
Meeting on Mullaperiyar
A high-level meeting of officials here on Friday discussed the State Government's agenda for the proposed ministerial talks with a Tamil Nadu team on the Mullaperiyar issue scheduled in New Delhi for Monday. The Chief ... More

CIGARETTES
`Pictorial warning must on tobacco products from Feb'
The skull and cross bones will be a compulsory pictorial warning on tobacco products, including beedi packs, as per provisions of the Cigarettes and Other Tobacco Products (Packaging and Labelling) Rules 2006, from February 1, 2007. In a reply ... More

EDUCATION
ISB sets up chair for family biz
The Indian School of Business (ISB) has announced the setting up of a Research Chair titled the Thomas Schmidheiny Chair of Family Business and Wealth Management. Dr Thomas Schmidheiny, on behalf of `Spectrum Value management' based in ... More

Anna University, Australian varsity tie up
Anna University has signed a memorandum of understanding (MoU) with the University of Sydney, Australia for academic and research collaboration, according to a press release. As part of the tie-up, a joint academic programme ... More

CARS
AP shows robust growth in passenger car sales
Hyderabad tops in growth rate in country More

REAL ESTATE & CONSTRUCTION
Ampa mall to be ready by mid-April
The first phase of Ampa Center One, the 6.5-lakh sq. ft. mall developed by the Chennai-based Ampa Housing Development Pvt Ltd, will be ready for business by mid-April 2007. The first phase of the mall, which is coming up on Nelson Manickam ... More

KNITWEAR & HOSIERY
Tirupur exporters' body signs pact
Tirupur Exporters Association (TEA) formally signed an MoU with Microsoft Corporation (India) Pvt Ltd in Tirupur on Thursday in connection with Project Vikas, the capacity building programme through absorption of information and ... More

FOREIGN DIRECT INVESTMENT
Kazakhstan seeks Indian investment
Offers tax sops; hardsells special economic zones More

HUMAN RESOURCES
HRworkbench comes to India
HRworkbench Pty Ltd, an Australian company that supports performance improvement, has launched its services in the country. Through collaborative relationships with HR professionals — both within organisations and in consulting ... More

LABOUR REFORMS
UAE to set up special labour courts: Minister
The United Arab Emirates (UAE) will set up special labour courts and will look at measures to eliminate middlemen from the recruitment sector, said the UAE Labour Minister, Dr Ali bin Abdulla Al-Kaabi. Addressing the media in the city today, ... More

EVENTS
The importance of `Why'
The questioning aspect of "Why" is what we expect from graduates, when they come on board. The importance of "Why" is, it gets answers or solutions. The fresh graduates are not able to understand the overall importance of the task given to ... More

SME-exporter seminar on Dec 18
Bank of India, Kerala zone, is organising a SME-Exporter seminar on December 18 at Kochi. The seminar is being organised to sensitise the small and medium entrepreneurs and exporters about the various lending schemes implemented ... More

EXPORTS & IMPORTS
Govt move may keep wheat prices under control
Duty-free imports extended till Feb 28 More

Edible oil imports dip in Nov
Edible oil imports dipped by 23 per cent in November 2006 to 2.5 lakh tonnes from 3.2 lakh tonnes year-on-year, according to data released by the Solvent Extractors' Association of India. Out of the total oil imports refined oil ... More

NATURAL CALAMITIES
CAG castigates post-tsunami relief process
The Comptroller and Auditor General of India (CAG) has castigated the Ministry of Home Affairs (MHA) and Environment and Forests, State governments of Tamil Nadu, Kerala, Andhra Pradesh and Union Territories of Pondicherry and Andaman & Nicobar . More

TOURISM
Work on plantation valley
The second-stage development of the plantation valley, set up by the Plantation Corporation of Kerala (PCK) Ltd to promote farm tourism, will be inaugurated by the Agricultural Minister, Mr Mullackal Rathnakaran, on December 24. ... More

BOOKS
Finance essentials
MR JIGNESH SHAH (right), Chairman & Managing Director, Financial Technologies Group, and Dr Manoj Vaish, President & CEO, Dun & Bradstreet (D&B) India, in Mumbai on Friday at the launch of the book `Financial Risk Management'. The boo More






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Top Stories
i-mode coming to India

Forex reserves down $45 m

Banks' profits for Q3 may remain buoyant

India's growth set to rise, China's to fall

Kalam calls for raising GDP growth to 10 pc

Govt move may keep wheat prices under control

Service tax woes

UK Takeover Code silent on parallel schemes of arrangement

Tata Research sees good scope in data privacy tools

Looking back
Dec. 3-Dec. 9
Used cars: Easy search

`Public investment holds key for poverty reduction in S. Asia'

Net direct tax collections top Rs 1 lakh cr

More investments vital to sustain growth rate: Chidambaram

Over 33 lakh tonnes of imported wheat arrive

Bonds stabilise as traders pause to book profits

Indian employees among the happiest in the world

`India is current investment hotspot'

Most cos ill-equipped to handle fraud: KPMG Forensic

Fed cut in sight

Over 1.5-lakh I-T returns taken up for scrutiny

Mediclaim for senior citizens unveiled

Widen coverage in rural areas, Kalam tells NIC

IFC may invest Rs 100 cr in Moser Baer project

Pepper exports to US rise as prices turn competitive

`Export target will be met despite slow growth in Oct'

How an oil company milked super-profits

HC says termination for `unsatisfactory' service could not be termed `punitive'

Subsidy for rural mobiles: Bill passed

Car sales up 28.5% in Nov

`Rate of return from real estate should be regulated'



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