The Hindu Business Line : Wednesday, April 25, 2007

NON-CONVENTIONAL ENERGY
W.Bengal will soon have bio-fuel policy: CM
"It is high time that we switched over to types of fuel other than petrol and diesel. Not only is bio-fuel environment-friendly, petrol and diesel production capacities are limited leading to severe shortages at some point of time." This was ... More

CEMENT
`Open Wagah border for cement import'
Industry chamber Assocham has urged the Government to open the Wagah border for import of cement from Pakistan. Cement from Pakistan would cost Rs 155 per 50-kg bag as against Rs 225-240 sold by domestic firms, said the chamber. In a ... More

ECONOMY
`RBI policy statement in line with Govt's thinking'
Reining in inflation below 4.5% aggressive target: Chidambaram More

ENVIRONMENT
Standing tall
DEFYING SOLUTIONS: A naturally grown palmyra seen in the near barren, semi-arid areas of the financial district of Cyberabad, home to several IT companies, where creating greenery is a challenge that defies solutions. The onus is on ... More

FOREIGN TRADE
German trade fair major setting up Indian arm
One of world's best-known trade fair organisers, Germany's Messe Dusseldorf Group, has announced setting up of a 100 per cent Indian subsidiary Messe Dusseldorf India Pvt Ltd (MDI). Briefing newspersons, Mr Werner M. Dornscheidt, President and ... More

Myanmar team visits BHEL unit
A six-member delegation from Myanmar visited the BHEL, Ramachandrapuram unit here today. The Executive Director, Mr G.V. Rami Reddy, showed them the gas turbines and compressors facilities in the factory. The visiting delegation ... More

INFRASTRUCTURE
Coimbatore cluster project may be completed by Aug
Three foundry complexes coming up More

PSU
STC aiming at 25% growth in turnover
State Trading Corporation of India (STC) is aiming at turnover growth of 25 per cent in the current fiscal over the Rs 14,000-crore turnover it clocked in 2006-07. Speaking to Business Line, Dr Arvind Pandalai, Chairman and Managing ... More

PETROLEUM
Virginia eyeing tie-ups in renewable energy sector
The Commonwealth of Virginia is looking for partnership with scientists in India to create a collaborative model of research technologies, with a focus on renewable energy. While speaking at a session organised by the Confederation of Indian ... More

PHARMACEUTICALS
Pharma sector can make waves, says Anji Reddy
The Indian pharma industry can make waves in the world market, as "we have the requisite fundamentals, the skilled manpower and the research orientation," according to Dr Anji Reddy, the chairman of the Dr Reddy's Labs. He was speaking at the ... More

POWER
Reliance Energy hikes tariff in Mumbai
Customers will have to pay 4-69% more More

SSI
Modified tech upgradation scheme for SSIs soon
Low fund utilisation of Rs 600 cr sanctioned by Centre More

CREDIT POLICY
Will rupee rise stem inflation?
With the dollar flood threatening to become a deluge, from the single-minded focus on tinkering repo rates and the CRR, the RBI, in its annual monetary policy statement, has turned its attention to measures that could arrest capital inflows, ... More

Increase in overseas limit will encourage global offerings: MFs
Fund houses await word on their individual limits More

India Inc hails Credit Policy
With no upward increase in key rates in the Annual Monetary and Credit Policy announced on Tuesday, the Reserve Bank of India has sent an indication that it would first see the effects of the earlier rate hikes, according to the ... More

EDUCATION
Reliance World summer camp
Reliance World has announced the launch of Summer e-camp in an initiative that will keep school going children well occupied in their summer holidays. Reliance World in association with Amritha e-learning has designed a special package for ... More

Accord with Australian varsity
The Indian Institute of Chemical Technology (IICT) and the RMIT University, Australia have signed a memorandum of understanding (MoU) to collaborate in areas of catalysis for green chemistry, nanoscience, drug discovery and ... More

REAL ESTATE & CONSTRUCTION
Manpower driving M&As in construction sector
Acquiring workforce becoming key factor for firms More

`Delhi has world's 14th highest commercial rents'
The release said that both Hyderabad and Chennai witnessed a large demand for industrial space created by IT, engineering, pharmaceutical and automobile sectors, which had caused rental increases. More

INDUSTRY ASSOCIATIONS
CII mulls setting up election fund
The Confederation of Indian Industry (CII) plans to set up an industry-wide election fund for funding of potential parties and set up a cell to address issues of harassment faced by SMEs, Mr N. Srinivasan, Adviser to the CII President, said on ... More

TEXTILE MACHINERY
Loom imports: Plea to extend subsidy scheme
The powerloom industry has suggested to the Union Textile Ministry the continuation of capital subsidy for used shuttleless loom imports under the proposed modified technology upgradation fund scheme (TUFS) expected to be notified by the Centre ... More

NEWSPAPERS & PUBLISHING
Nasscom chief to address BL Club valedictory
Mr T. Lakshmi Narayanan, Vice-Chairman, Cognizant Technology Solutions, and Chairman, Nasscom, will deliver the keynote address on `Innovation and current trends in information technology' at the valedictory function of the Business Line ... More

EVENTS
Kochi to host food tech expo
Kochi will be host to Kerala's first ever international exposition - Food Tech 2007 - from April 27 to 29. The three-day exposition at the Gokulam Convention Centre would provide a leading platform for suppliers of products ... More

Global vegoil meet in Jakarta
A premier event of the global vegetable oil industry Globoil International 2007 will be held in Jakarta (Indonesia) during May 1-3. The event will bring together industry majors from many parts of the world to take stock of the current market ... More

ENTREPRENEURSHIP
Hand-holding for those with bright ideas
Mr W. Amarnath of Chennai dreams of generating electricity from sea waves, while another Chennaite Prof M. Robert Masillamani wants to run Wi-max enabled buses for farmers. Their ideas, together with others, may take tangible shape with the ... More

Entrepreneurs' meet
WOOING YOUNG INVESTORS: The Secretary-General, FICCI, Dr Amit Mitra, with the Trade Commissioner, Embassy of Italy, Mr G. Lamio; CEO, Studio Botta, Mr Stefano Botta (left), and other entrepreneurs during an interactive meeting with young ... More

EXPORTS & IMPORTS
Low unit value leads to rise in spices import
Fresh/dry ginger, turmeric shipments show the way More

SEZ exports rise 52% in 2006-07
Exports from Special Economic Zones (SEZs) grew 52.31 per cent in 2006-07 to Rs 34,787 crore from Rs 22,840 crore in the previous year. The growth rate was more than double the 24.71 per cent increase recorded in the previous year. In 2004-05, ... More

Abolition of sales tax on cashew: Exporters relieved
Council asks Govt to help boost agro-exports More

Concor to launch discount scheme for box imports
Containers to be moved from gateway ports to hinterland depots More

TOURISM
SATTE's Award
The South Asia Travel and Tourism Exchange (SATTE) has awarded its Lifetime Achievement Award to Capt. C.P. Krishnan Nair, Chairman, The Leela Palaces, Hotels and Resorts. The Union Tourism Minister, Ms Ambika Soni, had presented the award to ... More