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Thursday, March 15, 2007
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TAMIL NADU
Tirupur knitwear units revise job-work rates
`Production cost likely to go up' More

HC ruling on civil courts jurisdiction
The Madras High Court has held that Section 10 of the Companies Act did not bar jurisdiction of civil courts to try cases pertaining to allegations of misrepresentation as to resignation of directors, fraud in transferring shares, willful default ... More

ANDHRA PRADESH
AP to procure turmeric at market rates
With turmeric farmers demanding remunerative prices for their produce in the last few weeks, the Andhra Pradesh Government has decided to intervene and procure turmeric at commercial rates beginning Monday. The move is likely to trigger an ... More

`No let-up in urban poverty'
Despite economic indicators suggesting a growth of nine per cent per annum for India, "we constitute 40 per cent of the world's poor," the Director of Mumbai-based Indira Gandhi Institute of Development Research, Prof. R. Radhakrishna, said. ... More

Paper-bag showroom opened
An exclusive paper carry-bag showroom was inaugurated on Wednesday by Mr P. Janardhana Rao, the Mayor of the Greater Visakha Municipal Corporation, at Dondaparthi here. Mr B. Ganesh of the Visakha Jute and Paper Carry Bags unit ... More

Australian construction cos make beeline for India
The boom in the Indian infrastructure sector is luring companies from across continents. Nearly half a dozen companies from the manufacturing heartland of Australia - Victoria - have come to India to explore a possible role in the growth ... More

KERALA
Kerala lagging in Central investments: Minister
`PFA Act to be strictly enforced' More

Net loss of Kerala PSUs declines
The state-level public sector undertakings in Kerala have performed better, albeit collectively, in 2005-06 with a significant reduction in net loss as compared to the previous year. The net loss during the year was Rs 114.18 crore as against a ... More

KARNATAKA
PNB's core banking in rural branch
The public sector Punjab National Bank (PNB) opened the Bidadi Industrial area branch, the first rural branch in Karnataka to be brought under the core banking solutions programme. A PNB release said here today, that plans were ... More

Basant Betons launches Rs 40-cr project
The boom in the construction industry has led to a spurt in demand for specialty construction products of high aesthetic value. Trying to cash in on this trend is Basant Betons, manufacturer of concrete products for landscaped areas, which ... More

MAHARASHTRA
Mantri Realty plans entry into hospitality
Mumbai-based Mantri Realty has firmed up plans to diversify into hospitality sector, with an investment of up to Rs 1,000 crore by 2011. It would translate into building three, four, and five-star hotels, with total room strength of ... More

Pune international film fest opens today
The Pune International Film Festival (PIFF) is set to open tomorrow. The festival will close on March 22. Speaking to Business Line, Jabbar Patel, filmmaker, said that this year 200 films from 30 different countries would be ... More

WEST BENGAL
JSW Steel open to relocating plant site if people resist
JSW Steel Ltd, which is putting up a 10-million tonnes per annum capacity steel plant at Salboni near Kharagpur at an estimated investment of Rs 35,000 crore, is open to the idea of relocating the plant site if it is required. This was stated ... More

HPL share transfer case
Mr C.A. Sundaram, another counsel for West Bengal Industrial Development Corporation (WBIDC), today alleged before Mr Justice Jayanta Biswas of the Calcutta High Court that the Chatterjee Group tried to throw off West Bengal ... More






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