The Hindu Business Line : Wednesday, June 20, 2007

ENGINEERING
Demand for integrated national design policy
Given the potential Indian designers hold globally and the possibility of stepping up outsourcing work, there is a need for a comprehensive policy on design that lays special thrust on funding and innovation, according to Mr M.P. Ranjan, ... More

ENVIRONMENT
AP Govt fiat to PCB on greenery rules
The Andhra Pradesh Government has directed the Pollution Control Board not to give the final clearances to industries that fail to comply with the rules related to greenery. At a review meeting here on Monday, the Chief Minister, Dr Y.S. ... More

FOREIGN TRADE
Meet on trade with Australia
The Australian Trade Commission has held a seminar on `Doing Business with Australia' here, jointly organised by the Australian Trade Commission and the Victoria Government Business Office in association with the Cochin Chamber ... More

CII, Canadian council to study feasibility of free trade pact
The Confederation of Indian Industry (CII) and Canadian Council of Chief Executives have agreed to study feasibility of India-Canada Free Trade Agreement (FTA) at a meeting of the India-Canada CEOs Forum held in Montreal. The Foreign Investment ... More

HEALTH
Safety not a concern yet for generics of Acomplia
Sanofi still to get US nod for anti-obesity drug More

Utterly healthy, says Amul
Fitness candy Stamina launched in 2 flavours More

`Create wealth, and share it or perish'
Creation of wealth is one thing. Dealing with the consequences of wealth is another. "There are three consequences of wealth - charity (sharing), enjoyment and destruction," Mr N. Prasad, Vice-Chairman of Matrix Laboratories, said. Mr ... More

H.pylori poses serious threat in rural AP
A silent epidemic seems to be affecting a large number of people in rural areas of Andhra Pradesh. Incidence of infections like H.pylori that cause stomach ulcers and cancers are found to have affected about 80 per cent of population in Kurnool ... More

INFRASTRUCTURE
42 new SEZ proposals coming up for approval on Friday
Three RIL-promoted SEZs for biotechnology, light engineering and pharmaceuticals and Reliance Infocomm's proposal for an IT and ITES SEZ are among 46 proposals to be taken up by the Board of Approval for SEZs when it meets on June 22 under the ... More

PETROLEUM
Crude basket touches $69.28
In line with the volatile movement in international crude prices, the Indian crude oil basket on Monday touched $69.28 a barrel. This is the highest so far in the current fiscal year. The Indian basket comprises Oman-Dubai sour grade crude and ... More

POWER
Power utilities to add 2,470 MW by Oct-Nov
Power cuts may be a passé in Bengal soon. The State-owned power utilities — West Bengal Power Development Corporation Ltd (WBPDCL) and Durgapur Projects Ltd (DPL) — are slated to add 2,470 MW of fresh generation capacity by ... More

NTPC-TELK joint venture to be launched on June 23
The State Government will hold 51 per cent stake in the company, while NTPC will hold 44 per cent. `Mutually beneficial' tie-up to compete with MNCs More

TAXATION
Net direct tax receipts up 57.5%
The Centre's net direct tax collections up to June 18 this fiscal stood at Rs 37,444 crore, registering a 57.5 per cent increase over the collections recorded in the corresponding period in the previous year. The collection level so far ... More

`Govt will not recover service tax on inbound roaming from July 1994 to mid-Jan 2007'
The Finance Ministry has decided not to recover the service tax payable on the roaming services provided by domestic telecom operators to people who arrived in India during the period July 1, 1994 to January 14, 2007. Although service tax on ... More

Draft circulars on service tax
The Finance Ministry on Tuesday came up with two draft comprehensive circulars on service tax that seeks to consolidate all service tax circulars and departmental instructions issued since 1994. Trade, industry and other ... More

SSI
NMCC bid to empower small, medium units
Launches portal with Microsoft to make Made in India as global brand More

WATER
`Water pricing a key issue to improve efficiency of use'
There is a `window of opportunity' to plan for long-term water supply and strategy has to be utilised, according to Dr Yosef Dreizin, Deputy Water Commissioner, Israel. Addressing a seminar on water, a vision for urban Tamil Nadu, he said often ... More

RADIO/TV
Sun TV expanding ties with content security expert Irdeto
DTH service will roll out once ISRO launches next Insat satellite More

EDUCATION
TutorVista targets supplemental education market
Online tutoring company TutorVista is tapping the Indian supplemental education market with a pilot project in the country. "We're now targeting students from standard 6th-10th in Math and English for ICSE and CBSE syllabi," Mr K. Ganesh, CEO, ... More

ELECTRICAL GOODS
Different glow
A SHOPKEEPER displays energy-saving compact fluorescent lamps in Hyderabad. Though costlier than incandescent bulbs, CFLs consume less power. Greenpeace has launched a campaign for a ban on incandescent bulbs in order to curb greenhouse gas ... More

REAL ESTATE & CONSTRUCTION
CII meet to focus on land, policy issues
Land acquisition and governance issues dogging projects in various States will be the focus of Suminfra 2007, the forthcoming CII South-sponsored infrastructure summit. A regulatory commission for PPPs (public-private partnerships) may be in ... More

NEWSPAPERS & PUBLISHING
Media house redeveloping city office into mall?
Statesman plans to redevelop its city office into a mall. More

SOCIAL WELFARE
`Buying via commodity bourses can help Govt cut subsidy'
Savings on procuring foodgrains for PDS seen at Rs 13,000 cr More

RURAL DEVELOPMENT
Nokia Siemens plans rural mobile solution
Nokia Siemens Networks (NSN) is in talks with mobile service providers in India to launch a hardware-cum-software package that will enable mobile connectivity to small villages with population of about 2,000. The solution will obviate the need ... More

INCOME TAX
I-T Dept raids MCX, offices nationwide
Trading, volumes at the exchange not affected More

Samadhan scheme stays open till July 23
The new `Samadhan' scheme to expedite property registration pending determination of correct market value and clear the blocked revenue to the Government will be open up to July 23, according to an official release. Over 27,000 registered ... More

EXPORTS & IMPORTS
Ministry holds meeting on export promotion council for films
For setting up an export promotion council for films, the Information and Broadcasting Ministry held a meeting on Tuesday to discuss various modalities for the council. The agenda for the meeting included pursuance of the case of duty drawback ... More

NATURAL CALAMITIES
Funds to curb sea erosion in Dakshina Kannada
The Karnataka Government has sanctioned Rs 25 lakh each to Dakshina Kannada and Udupi districts to tackle the problem of sea erosion during monsoon, according to Mr B. Nagaraja Shetty, Karnataka Fisheries Minister. Inspecting the areas ... More

ECONOMIC OFFENCES
`Desist' from futures contracts, 15 brokers told
SEBI has passed an order cautioning 15 brokers, including Indiabulls Securities among others, to `cease and desist' from undertaking Futures and Options contracts in violation of SEBI guidelines while trading on the National Stock Exchange. The ... More

BOOKS
Calls on Kalam
THE PRESIDENT, Mr A.P.J. Abdul Kalam, receiving from Mr B.S. Raghavan, Columnist, Business Line, a copy of his fifth book, The Call of the 21st Century, at the Rashtrapati Bhavan. The book, published by the ICFAI University Press, Hyderabad, ... More