The Hindu Business Line : Tuesday, February 06, 2007

Gratuity payable for all days worked till superannuation: HC
Non-payment of gratuity to a worker for all days worked till date of superannuation was against the provisions of Payment of Gratuity Act, 1972, Madras High Court has ruled. Directing a Chennai-based company to pay dues to him for nine days in ... More

CHEMICALS
DuPont, IICT plan seminar
DuPont and Indian Institute of Chemical Technology (IICT), here are jointly organising a one-day seminar on `Fluorine compounds in pharmaceuticals and agrochemical industries' on February 9. The seminar would bring experts from India, France ... More

COURTS/LEGAL ISSUES
Cauvery Tribunal gives final award
Allots 419 tmc ft of water to TN, 270 tmc ft to Karnataka More

ECONOMY
Annual Plan for TN fixed at Rs 14,000 cr
Addtional Central aid of Rs 200 crore extended for certain projects More

Core sector records 8.3% growth in Dec
Riding on the strong growth in crude petroleum production, the index of six core infrastructure industries registered a growth of 8.3 per cent in December 2006 as against 7.5 per cent in December 2005, according to an official release. Crude ... More

`Emerging economies cautious about capital account convertibility'
When does monetary sterilisation become relevant? Monetary sterilisation makes good sense when the balances of payment pressures are considered to be temporary, says Mr Ramkishen S. Rajan, Associate Professor in International Economics at the ... More

Rajasthan annual Plan pegged at Rs 11,638 cr
Highest priority to social, power sectors: CM More

Manmohan voices concern over rising cement prices
To rein in soaring inflation in the country, the Prime Minister, Dr Manmohan Singh, has urged the industry to resist from raising prices of essential commodities. He also urged it to enhance its supplies to narrow down the supply-demand ... More

FOREIGN TRADE
US high-level delegation to Aero India
The US estimates that India could be a $30-billion defence procurement market over the next five years, the former US Defence Secretary, Mr William S. Cohen, said on Monday. "We believe that India could be a $30-billion market ... More

PETROLEUM
Companies ready to shell out premium for second-hand rigs
Shortages in supply of deepwater rigs have led to hire charges More

BPCL signs pact for Australian block
Bharat Petroleum Corporation Ltd has signed a farm-in agreement for acquiring 20 per cent participating interest in an Australian block AC/P32 in the Timor Sea area, according to a BSE notice. A company official said BPCL would be paying $1.42 ... More

POWER
Lanco open to buying Globeleq's stake in Sasan power project
Lanco Infratech Ltd is open to acquiring its joint venture partner Globeleq Singapore Pte's 51 per cent equity stake in the 4,000 MW Sasan Ultra Mega Power Project. Globeleq, the investment arm of UK Government-owned development agency DFID, ... More

PowerGrid issue in April
Power Grid Corporation of India Ltd's initial public offering (IPO) is slated to come out in April and the State-owned transmission major is likely to appoint merchant bankers for the issue this week, the company Chairman, Mr R.P. Singh, said on ... More

EDUCATION
Mudra Foundation institute
Mudra Foundation for Communications Research and Education (MICA) has launched its second venture dedicated to communications research — Mudra Institute of Communications Research (MICORE). MICORE's main focus areas will be ... More

INDUSTRY ASSOCIATIONS
Subir Raha to get honorary membership in Kanara chamber
Mr Subir Raha, former Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC) Ltd, will be presented with the honorary membership of the Kanara Chamber of Commerce and Industry (KCCI) in Mangalore on February 10. Mr Raha will ... More

SCIENCE & TECHNOLOGY
A car that runs on compressed air?
Tata Motors in technology pact with French co MDI More

Aerospace: Govt invites MNC players to tap Indian talent
The Defence Minister, Mr A.K. Antony, today invited leading international players to partner with India to leverage its highly skilled engineering professionals and the low cost advantage to help the country strengthen its aerospace sector. He ... More

DYES & PIGMENTS
Meet on colorants in Mumbai
An international convention on colorants will be held in Mumbai between February 7 and 9. The convention, organised jointly by the Dyestuffs Manufacturers Association of India and the Mumbai's Institute of Chemical Technology, ... More

GENDER
Women workers in urban India
The most recent data suggest that employment growth in the first half of this decade has been rapid among urban women. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh investigate the changing patterns of women 's paid work in urban India. More

RURAL DEVELOPMENT
`IT can be catalyst for rural growth'
Technology is the same, whether you use it in towns or rural areas. There is no such thing as separate rural technology. In the management of technology you might need different techniques and perspective. This is what the National Workshop on ... More

HUMAN RESOURCES
Aerospace: Govt invites MNC players to tap Indian talent
The Defence Minister, Mr A.K. Antony, today invited leading international players to partner with India to leverage its highly skilled engineering professionals and the low cost advantage to help the country strengthen its aerospace sector. He ... More

EVENTS
Conference on groundwater from tomorrow
The third international groundwater conference will be held at Tamil Nadu Agricultural University (TNAU) here from February 7-10. The Union Water Resources Minister, Prof.Saif-ud-Din Soz, will inaugurate the conference. Ministers Mr Veerapandi ... More

Seminar at IFA Hyderabad
The Hyderabad Sub-Chapter to the Indian Branch of the Rotterdam-based International Fiscal Association (IFA) is organising a seminar on `PE & Transfer Pricing Methodologies' here on February 9. Around 100 tax consultants, ... More

EXPORTS & IMPORTS
Industry for dumping duty on Chinese equipment
`Govt not maintaining level-playing field' More