The Hindu Business Line : Thursday, June 07, 2007

URBAN DEVELOPMENT
Kolkata civic body draws plan to improve drainage system
To take up desilting, structural rehabilitation works at a cost of Rs 500 cr More

Redevelopment plans
HERCULEAN TASK: Asia's largest slum, Dharavi, is spread over an area of 1.75 km at Mahim in central Mumbai. Most of the one million inhabitants here are Tamil migrants. Home to a flourishing leather industry, Dharavi lacks basic infrastructure ... More

NON-CONVENTIONAL ENERGY
AP plans bio-diesel plantation
The Andhra Pradesh Government will come out with an exclusive policy and Act to encourage biodiesel plantation in the State. Announcing this at a review meeting here on Wednesday, the Andhra Pradesh Chief Minister, Dr Y.S. ... More

ECONOMY
`Rupee appreciation has helped control inflation'
Rangarajan sees cyclical overheating of economy More

FOREIGN TRADE
India seeks greater trade with UAE in agro products
APEDA delegation may visit UAE More

HEALTH
PM to convene NDC meeting on healthcare
The Prime Minister, Dr Manmohan Singh, is to convene a special meeting of the National Development Council to discuss issues relating to healthcare, disease control and public health. Chairing a meeting held in the Capital on Wednesday to take ... More

HOTELS
`CGM ideally suited to the hospitality sector'
Consumer-generated media such as blogs can de-commoditise the hotel product, says Mansi Bhatnagar of HVS. More

PETROLEUM
Petrol, diesel price hiked in Delhi
The prices of petrol and diesel in Delhi have been increased marginally effective June 5 night. This move follows the State Government's decision to levy sales tax on the two auto fuels. While petrol prices have increased by 67 ... More

Exploration cos seek time to submit field development plans
Need for clear guidelines; request from Cairn for Ambe Field More

Oil, gas technical meet
The Society of Petroleum Engineers (SPE) will hold the Oil & Gas Technical Conference & Exhibition in Mumbai on March 4-6 next year. SPE is a not-for-profit professional association whose members are engaged in energy resourc More

TAXATION
Plea to notify service tax exemption
Reeling under the impact caused by the drop in export value due to the strengthening of rupee against dollar, Tirupur knitwear exporters have urged the Centre to initiate certain measures that would offer them cushioning effect against the ... More

SSI
APSFC plans one-stop-shop for financial services
During June, Andhra Pradesh State Financial Corporation (APSFC) has decided to virtually go to the doorsteps of the entrepreneurs in the State. The objective is to provide a `One-stop-shop', financial services to them. The corporation will ... More

BREWERIES
Ministry wants CVD on imported wines, spirits to go
The Commerce Ministry is making a strong case for removal of countervailing duty (CVD) on imported wines and spirits in the wake of concern expressed by developed economies that layers of Customs duties act as a barrier to market access. Apart ... More

RADIO/TV
Visual Computing focusing on TV commercials
Intends to raise its workforce from 270 to 400 More

EDUCATION
Sri Ramachandra varsity in pact for MRCP exam
Sri Ramachandra University has signed a memorandum of understanding (MoU) with the Royal College of Physicians of Edinburgh, Royal College of Physicians and Surgeons of Glasgow and Royal College of Physicians of London to establish a `MRCP Part 2 ... More

World Bank sanctions $280 m for upgrading ITIs
Bid to improve quality, relevance of vocational training More

MEDICAL INSTITUTIONS & HOSPITALS
EMRI plans national rollout of medical services
Tie-up with Stanford Medical School for PG course More

REAL ESTATE & CONSTRUCTION
Boat Club property in Chennai comes up for 66-year lease
Bids called for 150-ground area More

INDUSTRY ASSOCIATIONS
USIBC hails CII President
The US-India Business Council (USIBC) welcomed the Confederation of Indian Industry's new President, Mr Sunil Bharti Mittal, at a meeting in Washington. Mr Mittal was accompanied by a business delegation from India. USIBC Board ... More

FOREIGN DIRECT INVESTMENT
India factor report released
Minister of State for Industries, Dr Ashwani Kumar, on Tuesday released the India Factor Report prepared by Societe Generale Bank in New York. The Minister also met leading bankers and private equity fund managers. Dr Kumar ... More

HUMAN RESOURCES
CII to host HR conclave tomorrow
To discuss ways and means to increase employee engagement to drive organisational performance, the Confederation of Indian Industry, Andhra Pradesh, will be organising a HR conclave on `Building Engagements: Opportunities and ... More

EVENTS
`Emerging' economies to the fore again
Threat of climate change tops G8 meet agenda More

EXPORTS & IMPORTS
Oilmeal exports down 50% in May
Oilmeals export declined in May sharply. . Shipments of various oilseed extractions totalled 2.3 lakh tonnes (lt), almost half of 4.4 lt shipped out in April. Exports comprised mainly 1.1 lt of soyabean meal, 74,000 tonnes of rapeseed meal and ... More

ECGC Mangalore hands over claim cheque to Syndicate Bank
The Mangalore branch of the Export Credit Guarantee Corporation (ECGC) of India has handed over a claim cheque of Rs 60 lakh to Syndicate Bank under the guarantee scheme for bankers. In a press release, Mr K. Srinivasan, Branch Manager, ECGC, ... More

COMMODITY COMMENTRAY
Govt can revive supply of edible oil through ration shops
It may be prudent to examine if a duty cut on soyabean oil would make sense. More

Plea to notify service tax exemption
Reeling under the impact caused by the drop in export value due to the strengthening of rupee against dollar, Tirupur knitwear exporters have urged the Centre to initiate certain measures that would offer them cushioning effect against the ... More

ALTERNATIVE MEDICINES
Cluster-based approach to promote herbal, ayurvedic exports
To harness the export potential of herbal and Ayurvedic products, a cluster-based approach for Ayurveda, Unani, Siddha and Homoeopathy is likely to be in place soon. About 20 manufacturing clusters for Ayush (Ayurveda, Unani, Siddha, and ... More

TOURISM
Kerala village tourism development scheme launched
To involve local communities in tourism projects More

ECONOMIC OFFENCES
Act proactively to pre-empt fraudulent behaviour
A number of players in the knowledge processing outsourcing space in India do not allow their analysts access to local hard drives, disable the use of pen drives and prevent access to Internet mail. MR R. BENTON ARMSTRONG, GLOBAL LEADER, FORENSIC TECHNOLOGY SERVICES, PRICEWATERHOUSECOOPERS. More

Directors' role in fraud prevention
It makes significant business sense for directors and managements to implement policies, procedures and controls that help their companies' mitigate the impact of fraud. More