The Hindu Business Line : Friday, March 23, 2007

FINANCIAL SERVICES
London sees financial services as its growth driver
London plans to continue its focus on financial service industries and other business services in the coming year to help retain its status as the most international city of the world. "London's future is clearly in internationalisation. We ... More

NON-CONVENTIONAL ENERGY
Railways may earn carbon credits from bio-diesel project
UK-based consulting company to lend assistance More

ECONOMY
No cutting of prices, say cement makers
Cement manufacturers on Thursday refused to cut prices even after a second meeting with Finance Minister Mr P. Chidambaram. However, there appear to be two opinions among the manufacturers. "I get the impression that there are two views in the ... More

FOREIGN TRADE
`Changes in foreign trade policy will help build common market'
The forthcoming annual modifications to the Foreign Trade Policy (FTP) to be announced early next month will lay the groundwork for developing an India Economic Common Market by 2010 by ensuring seamless connectivity to trade and ... More

K.T. Chacko is IIFT Director
Mr K.T. Chacko, former Director General of Foreign Trade (DGFT), has been appointed as Director of the Indian Institute of Foreign Trade, (IIFT), the country's premier B-school for International Business. According to an IIFT ... More

Israel keen on tie-up with India in transportation infrastructure
Israel is looking forward to private companies from India and Israel to join hands for transportation infrastructure, said Lt. Gen. Shaul Mofaz, Deputy Prime Minister of Israel. While speaking at a meeting organised by the Confederation of ... More

Pact with Mauritius
IT CO-OPERATION: Mr Dayanidhi Maran, Minister for Communication & Information Technology, and Mr Etienne Sinatambou, Minister for Infomation Technology and Telecommunication, Mauritius, at a press conference in the Capital on Thursday. India and More

HEALTH
Eli Lilly pledges $50 m in fight against TB
On the eve of March 24, marked as World TB Day, Eli Lilly and Company, committed an additional $50 million to fight Multi-Drug Resistant Tuberculosis (MDR-TB). The campaign is carried out in an international partnership with 14 public and ... More

INFRASTRUCTURE
US opposes Iran gas pipeline project
It's against interests of the world: US Energy Secretary More

CBI submits report on Nandigram firing to HC
Finds there was no necessity for opening fire More

India tells Pak to cut transit fee, transportation tariff
Technical-level talks under way More

SEZ Rules amended for procedural simplification
For providing more amenities to developers, sub-contractors More

PSU
Govt keeps open mind on IPO for merged airline
The Government is keeping an open mind on the proposed listing of the newly merged State-owned airline. Official sources told Business Line that while the listing has not been put off, it was also not imminent for the moment. "The newly ... More

PETROLEUM
Oil output up 4.9% in February
The country's crude oil production increased by 4.9 per cent in February with companies like ONGC producing 2.667 million tonnes (mt) of crude oil compared with 2.54 mt in the corresponding month last year. However, the natural ... More

POWER
Panel meets today on Sasan bid
The uncertainty over the fate of the final bidder for the 4,000 MW Sasan Ultra mega power project is likely to be cleared on Friday as the high level committee headed by the HDFC Chairman, Mr Depak Parekh, is expected to ... More

Another `cool' year for AP power consumers
No hike in tariff for sixth successive year More

TAXATION
Maran to press for zero tariff on PCs
The Union Minister for Communication, Information and Technology, Mr Dayanidhi Maran, said that he would write to the Finance Minister, Mr P. Chidambaram, to reduce the tariff to zero on personal computers. This comes in the wake of the Dell ... More

TRAVEL & PLACES
UK visa verification from IntegraScreen
VFS to collect and dispatch the visa applications More

TYRES
Tyre manufacturers seek ban on rubber futures
`Steep price rise forcing units to down shutters' More

WATER
Water management
NEED FOR FOCUSSED STRATEGY: The Prime Minister, Dr Manmohan Singh, with the Minister for Water Resources, Mr Saifuddin Soz, at the inaugural function of the World Water Day in the Capital on Thursday. Calling for a focused strategy to ensure that ... More

COAL
Coal India keen on Mining & Allied revival
On the lookout for partner; approached by DVC More

EDUCATION
Education — a new dimension to India-Bangladesh relations
India providing education and vocational training to the Bangladeshi youth can help ease tensions and develop a strong long-term relationship. More

NIPM workshop tomorrow
The National Institute of Personnel Management (NIPM), Mangalore chapter, will organise a workshop on `Value-based management' here on March 24. A press release by NIPM said here on Thursday that Dr John Joseph, Commissioner, ... More

FOODS & FOOD PROCESSING
Urban food retailing: A virtuous circle of prosperity
The size of the Indian urban food market is authoritatively estimated at Rs 350,000 crore. The domestic market for processed food is not only huge but also fast-growing. The retail boom will create a huge demand for the food processing sector in ... More

MEDICAL INSTITUTIONS & HOSPITALS
McKinsey arm picks up stake in Fortis Healthcare
McKinsey and Company's investment arm VASCO has picked up stake worth Rs 10.69 crore in Mr Shivinder Mohan Singh-promoted Fortis Healthcare. In a pre-IPO placement round, VASCO Inc picked up 6.7 lakh equity shares in Fortis Healthcare at a ... More

SOCIAL WELFARE
Friends in high places
A forum for the children of the mountains. More

RURAL DEVELOPMENT
Earning their peace of mind
Empowering women in the Sundarbans in West Bengal has helped lower the incidence of crime and improve the lives of children and households in general. More

EVENTS
Kochi to host biz-technology meet
State Govt `not opposed' to SEZs: Industries Minister More

Workshop on Web info systems
The Digital Library and Information Service Division of the Indian Institute of Information Technology and Management-Kerala (IIITM-K) here is organising a two-day workshop on `Building Web-based information systems using ... More

INCOME TAX
I-T Dept raps banks, local bodies on TDS
The Income-Tax Department has set its eyes on banks and local bodies for non-remittance of tax deducted at source (TDS) on interest on deposits (by the former) and on payments made to contractors (by the latter) to the Department. As many as 50 ... More

TOURISM
Health tourism meet from tomorrow
The Kerala Health Tourism 2007 is all set to kick off on Saturday with participation from major Indian and international stakeholders, hosting of an international conference and showcasing 70-80 stalls displaying products and services. The ... More

Vaidyaratnam targets Rs 10-cr revenue from medical tourism
Thrissur-based Vaidyaratnam group, a major healthcare provider under the ayurvedic system, has targeted revenue of Rs 10 crore from medical tourism in the next financial year. The group has identified medical tourism as a focus area of its ... More

Grand festivities planned for Rajasthan Day
With a view to attracting more tourists from West Bengal, the Rajasthan Foundation (Kolkata Chapter) has planned to showcase "the soul of Rajasthan in essence and spirit", as part of its Rajasthan Day celebrations here next week. This year the ... More