The Hindu Business Line : Wednesday, January 10, 2007

EXCISE AND CUSTOMS
Customs revenue collections up 34%
The Centre's customs revenue collections continued to be buoyant, with collections in April-December 2006 recording a 34 per cent increase to Rs 63,952 crore, against Rs 47,721 crore in the same period in the previous year. ... More

INFRASTRUCTURE
Extremists at work
If ever there was any doubt that Naxalites, Maoists and the like were behind the snowballing of the Singur issue and later the Nandigram problem, it has been blown away by the murder of a local CPI(M) leader in West Midnapur district of West ... More

PSU
Public sector not doomed to fail
France and the Nordic countries are outstanding examples of the successful functioning of public enterprises in utilities and transportation. More

PETROLEUM
Govt to review retail fuel prices this month end
The Petroleum Secretary, Mr M.S. Srinivasan, on Tuesday said that the Ministry would review retail fuel prices at the end of this month. Speaking to presspersons, he said the Government might reduce petrol and diesel prices if the current fall ... More

Soft crude price helps oil marketing cos to make profit
`Positive margins may be generated from next fortnight' More

Lanka IOC signs settlement pact with Lankan Govt
Receives compensation for under-realisation in sale of petroleum products More

TAXATION
Chidambaram rejects industry plea for duty cuts
Inflation worrying; India Inc told to maintain stable prices More

What's likely on the indirect tax front
Abolition of CST is top on the list of possible Budget priorities More

RADIO/TV
Global Broadcast News plans Rs 105-cr IPO
Promoters' stake to get diluted by 15 per cent post-issue More

EDUCATION
IEG ties up with MIT for Open Knowledge Initiative
The Massachusetts Institute of Technology and the California State University have signed up with the Institute of Electronic Governance of Andhra Pradesh (IEG) to take up collaborative initiatives under the MIT Open Knowledge Initiative (OKI). ... More

US Tech launches campus partnership
The Technopark-based US Technology has launched a campus partnership programme as part of which IT and BPO services player will reach out to a select list of `promising' colleges in the State. These partnerships will work towards elevating ... More

`Ideas for ads can spring from anywhere'
There is no formula for new ideas. They can come from any source. For example, your mother does all the work at home. But how many of us go to her and tell her: "Mom, you do everything for me," and give her a hug or a bunch of flowers? "You ... More

REAL ESTATE & CONSTRUCTION
Essel plans to set up 50 multiplex malls in AP
Fun Multiplex, part of the $5 billion, Essel Group, will open 50 family entertainment centres across Andhra Pradesh with an investment more than 250 crore within a period of 3 years. The initiative to establish multiplexes in Andhra Pradesh is ... More

BIO-TECH & GENETICS
Rice gene patent for Avesthagen
Avesthagen on Tuesday announced that it has been granted a patent by the Indian Patent Office on `cloning and sequencing of AGTSAL 11 rice gene from IR-64 variety implicated in salinity stress tolerance.' The invention is expected to provide ... More

TRADE & LABOUR UNIONS
General insurance unions for merger
In the banking industry, the Finance Minister wants consolidation among public sector banks and has been championing the cause at every forum - but the unions are opposed to it. The situation is the reverse in the case of the general ... More

INCOME TAX
Seminar on tax planning
HDFC Standard Life Insurance (HDFCSL) is organising a seminar on Tax Planning and Investment on January 10 at Coimbatore. A tax consultant, Mr Subhash Lakhotia, Director of Lakhotia & Lakhotia Associates, will be the key speaker More