The Hindu Business Line : Saturday, May 19, 2007

URBAN DEVELOPMENT
Rapid urbanisation on the anvil: Jaipal Reddy
The country will witness very fast urbanisation from now as it is on the verge of taking off, said the Minister for Urban Development, Mr Jaipal Reddy. While speaking at the 13th Annual Convention of Indian Buildings Congress on Thursday, he ... More

OUTSOURCING
US-India biz council to take up H1B visa issue
The US-India Business Council (USIBC) has asked its member companies to renew their participation in the Coalition for Economic Growth and American Jobs (CEGAJ), an interest group formed in 2004 to address the concerns of backlash against ... More

FOREIGN TRADE
Assocham, Chinese cos tie up for KSEZ
The India-China Business Alliance, set up by Assocham in Shanghai and Shenzhen, is planning to partner 25 Chinese companies in developing Knowledge Special Economic Zones in India. Plans are also afoot to set up biotechnology incubators, ... More

INFRASTRUCTURE
States to acquire land only from willing sellers for SEZs
Clarification sent to members of empowered panel More

Kerala to focus on productive sectors in decentralised planning
Government will ensure public participation, says Minister More

PETROLEUM
ONGC Videsh, OIL skip latest auction rounds in Nigeria
Essar Energy Holding wins a block More

Navratna oil PSUs allowed to invest abroad
The RBI has allowed Navratna public sector undertakings to invest in unincorporated entities in the oil sector abroad under the automatic route, without prior approval. It has liberalised and simplified the procedures for Navratna PSUs — ... More

POWER
Energy sector may need $150 b investment: KPMG
Private participation in nuclear energy likely More

CAG pulls up Centre for slow progress in power programme
Deficiencies seen in systems, procedures for use of funds More

TAXATION
I-T collections see 112% growth in two years
Andhra Pradesh moves up to fifth slot in mop-up More

Truckers' federation opposes proposed toll tax on new bridge
Seeks uniform rate of Rs 50 on all goods vehicles More

Foodgrain traders oppose tax plan
Tamil Nadu Foodgrains Merchants Association has opposed the proposal of Madurai Corporation to levy a tax for solid waste management. Appealing to the Corporation, the association, in a memorandum submitted to the Mayor, Mrs Thenmozhi ... More

SSI
PNB, Crisil in pact for SME rating
Punjab National Bank (PNB) has entered into a strategic alliance with Crisil for risk rating of SME customers of the bank. SME borrowers of the bank can now get themselves rated by Crisil to avail adequate and timely credit from ... More

COAL
81 coal blocks identified for allocation
In order to meet the demand for coal, 81 additional coal blocks with geological reserves of about 20 billion tonnes have been identified for allocation to State-owned and private sector companies, according to the Minister for Coal, Dr Dasari ... More

MEDICAL INSTITUTIONS & HOSPITALS
Devaki Hospital plans telemedicine facility
Feasibility study report in three months More

Coimbatore emerging destination for cardiac care
Coimbatore is emerging as a preferred destination for patients requiring cardiac care. Dr L . Mohanakrishnan, Chief Cardiac Surgeon of a leading hospital, here told Business Line. He said the four major corporate hospitals in the city - ... More

REAL ESTATE & CONSTRUCTION
Bar on ECB use for developing integrated townships
The Government on Friday disallowed use of external commercial borrowing (ECB) proceeds in development of integrated townships. This has been done through a modification in the ECB policy of the Government after consultation with the Reserve ... More

`Documents of unauthorised buildings must be verified'
The trade and industry here have cautiously reacted to the ongoing demolition drive taken up by the Kerala Government against the unauthorised structures in the Munnar Hill Station. While on the one hand the Kerala Chamber of Commerce and ... More

LEATHER
Stepping up of leather gloves exports urged
`We need to increase our presence in US, Japan' More

BIO-TECH & GENETICS
An `event' that could be delayed
The GEAC's decision on May 11 to commercially approve 49 Bt cotton hybrids based on existing events has been justified by the Supreme Court's ruling only May 8. The Court had held that GEAC could clear the release of new GM hybrids, so long as ... More

RURAL DEVELOPMENT
HLL widens rural reach with 30,800 `Shakti' ambassadors
Covers 1-lakh villages; targets 600 m consumers by 2010 More

EVENTS
New designs
LT GOVERNOR Tejender Khanna, along with the Chairman of Council for Leather Exports, Mr Mukhtarul Amin (left), looking at the products on display at the 15th Delhi International Leather Fair at Pragati ... More

INCOME TAX
Matrix Lab's N. Prasad tops list
Mr N. Prasad, Vice-Chairman of Matrix Laboratories, has topped the list of highest income tax payers in Andhra Pradesh by paying Rs 26.40 crore in 2006-07. In the previous year, he paid Rs 2.70 crore. Mr Prasad netted an income of Rs 570 crore ... More

TOURISM
Regional packages mooted for tapping tourism potential in South
States told to develop brands of their own More