The Hindu Business Line : Tuesday, March 06, 2007

NON-CONVENTIONAL ENERGY
Reliance ADG arm setting up 150 MW wind energy project
Reliance Wind Energy, an arm of Reliance Anil Dhirubhai Ambani Group's energy business, is setting up a 150 MW wind power project at Sangli in Maharashtra. The company has placed a Rs 900-crore order with Suzlon Energy, the leading wind power ... More

BUDGET
`Duty cut on dredgers import to aid minor ports' development'
The proposal of the Union Finance Minister to cut duty on import of dredgers will help in the development of minor ports, according to Capt J.P. Menezes, President of the Kanara Chamber of Commerce and Industry (KCCI). Speaking at an ... More

Panel discussion on Budget
The Justice K.S. Hegde Institute of Management at Nitte in Udupi district conducted a panel discussion on the Union Budget 2007-08 at Nitte recently. A press release by the institute said here on Monday that experts from various ... More

`No rethink on Fringe Benefit Tax on ESOPs'
Chidamabram invites inputs from industry on ESOP valuation for tax purposes More

CEMENT
No rollback of price hike, say cement cos
`In no position to absorb increase in taxes' More

ECONOMY
Simple Budget, strong signals
From a longer-term perspective, the higher allocations for education and health are a welcome reflection of the concerns about inclusive growth, combining distributive justice with a reminder of how growth is important in achieving such equity. More

Steel producers cut prices on Govt intervention
Across-the-board cuts on all flat, long products More

Indian crude basket rises to $60.27 a barrel
The Indian basket comprises Oman-Dubai sour grade crude and Brent dated sweet crude in 58:42 ratio. More

Crisil sees moderate growth in GDP
The country's GDP growth is expected to moderate to 7.9-8.4 per cent in 2007-08, according to a research report by Crisil. The rating agency estimates inflation to be at 5-5.5 per cent and the yield of the 10-year government stock to be at ... More

Over 19% increase in TN revenue collection
`Fiscal management in line with targets' More

Delhi annual Plan fixed at Rs 9,000 cr
Govt achievements in education, environment praised More

EXCISE AND CUSTOMS
`Govt will correct duty flaws'
The Government is committed to correcting any inverted duty structures that may have arisen in the Budget, Mr K.M. Chandrasekhar, Revenue Secretary, said today. Addressing a CII seminar on the Budget, Mr Chandrasekhar said that the Government ... More

HEALTH
Glivec raises concerns on post-marketing study
Novartis' programme of assisting cancer patients with free medicines More

UK healthcare sector keen to tie up with India
Scouts for business avenues in Bengal More

Cancer Genome Atlas soon to detect disease
A Cancer Genome Atlas, which is close to completion, is all set to give a close peep into cancer cells and a better understanding of the deadly disease, according to a global expert on cancer, Dr Nori Dattatreyudu. The global initiative, led ... More

INFRASTRUCTURE
Freight corridor: 15 cos submit EoI for advisory services
To help set up financial projections, capital structure & financing options More

No confusion on ADB loan: Achuthanandan
`Detractors spreading falsehood' More

PETROLEUM
PMT hopeful of fresh reserves in Mukta field
No positive results in Tapti field More

Bengal offshore: Ministry favours ONGC's request for extension
The Petroleum Ministry is favourably considering a fresh extension of time sought by ONGC to complete the minimum work programme in Bengal offshore block. ONGC, which has been drawing flak for its exploratory performance time and again, seems to ... More

POWER
NTPC board approves nuclear foray
National Thermal Power Corporation Ltd's board of Directors has approved a proposal to enable the company enter the nuclear power generation business. The board has given its clearance to the amendment of the object clause of the Memorandum of ... More

Establish regional energy ring in South Asia: Shinde
India has asked other South Asian countries to enhance cooperation for enabling exchange of oil, gas and electricity in the region. "Facilitating and promoting trade in energy in South Asia has been identified as one of the key areas for ... More

TRAVEL & PLACES
Scheme to speed up UK visas
The British High Commission in India and IntegraScreenTM, an international provider of document and information verification services, on Monday announced a voluntary scheme to expedite the processing of visas for travellers to ... More

MANAGEMENT
Annual management meet
The Ambassador of Austria for South Asia, Dr Jutta Stefan Bastl, will inaugurate the two-day 26th annual Management Convention, organised by the Kerala Management Association (KMA) here at Hotel Le Meridien on March 8. The main ... More

EDUCATION
`You are in a tomorrow-oriented world'
"Assess your current life situation and apportion your energies and reserves to better face each challenge as it comes, thus positioning yourself with a stronger chance to prevail in the competitive world," Mr R. Shekar, Principal Consultant, ... More

MEDICAL INSTITUTIONS & HOSPITALS
Hospitals urged to improve waste disposal methods
The Kerala State Pollution Control Board has urged all healthcare institutions in the State to improve hospital waste management practices in order to ensure that wastes are rendered harmless and properly disposed. It requested hospital ... More

REAL ESTATE & CONSTRUCTION
Strike hits construction activity in Kochi
Construction activities in Kochi and suburban areas came to a grinding halt on Monday on account of the one-day strike called by the joint action council of the Builders Association seeking to resolve the problems faced by the building ... More

IPR
`Patents grant freedom to invent around'
The freedom to "invent around" is the best bargain that grant of patent throws up to competition, even while promoting the drive for cheaper and better variants of the invention for the common good of stakeholders. "Invent around" is rendered ... More

HUMAN RESOURCES
Venture Capital firms' move to recruit, retain talent
Private equity and venture capital firms invested about $7.4 billion in Indian companies in 2006 More

INCOME TAX
`Tax structure must be first rationalised'
Was it necessary to tinker with the direct taxes in the Union Budget 2007-08? No, considering a new Income-Tax Act is to be introduced. According to Mr T.S. Krishna Murthy, former Chief Election Commissioner and former official with the Union ... More

EXPORTS & IMPORTS
ECGC may extend activities to inland credit trade
Inland market potential assessed at Rs 100 cr More