The Hindu Business Line : Tuesday, July 10, 2007

URBAN DEVELOPMENT
Mumbai development body scouts for investments from Shanghai
The Remaking of Mumbai Federation (RoMF), a body of associations of various stakeholders interested in the planned redevelopment of Mumbai, has led a delegation to the Shanghai conference of global body Council on Tall Buildings and Urban ... More

EMPLOYMENT
Concern over skilled manpower shortage
New Delhi, July 8 To maintain the growth momentum of the economy, it will be imperative to take corrective action for the skilled manpower shortage that certain sectors are faced with, according to industry chamber FICCI. In the biotechnology ... More

COURTS/LEGAL ISSUES
Speedy justice
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PETROLEUM
ONGC expects gas output from KG basin in 2012
Oil and Natural Gas Corp (ONGC) expects to start producing gas from its block in the Krishna-Godavari (KG) Basin in 2012. Mr R.S. Sharma, Chairman and Managing Director, ONGC, said, “We will finalise development plan for the gas finds in ... More

POWER
Govt will lead by example on energy conservation effort
Framework for procurement of energy-efficient products on the anvil More

Conergy installs hybrid power systems in ONGC platforms
Bangalore, July 9 Conergy, the German global renewable energy major, has installed hybrid power systems in 83 oil platforms of the ONGC Ltd.The installation on ONGC’s oil platforms was done through Conergy’s subsidiary, Sun ... More

WATER
‘GVMC under pressure to give water to Jindals’
Opposition threatens to intensify agitation More

EDUCATION
Five degree colleges sanctioned in AP
Hyderabad, July 9 The Andhra Pradesh Government has sanctioned five degree colleges as part of the Remote and Interior Areas Development (RIAD) programme besides two B.Ed colleges.The new degree colleges would come up at Sitampet ... More

Rural course
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AIMA for tighter norms in biz schools
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REAL ESTATE & CONSTRUCTION
BSE Realty Index launched
Mumbai, July 9 In recognition of the growing importance of the real-estate sector in the Indian economy, BSE today launched the BSE Realty Index.The base year for the Realty Index will be 2005 and the base index value as 1,000. ... More

TSI Ventures’ commercial project in Hyderabad
WaveRock building to look like a wave of glass More

Aussie realty co opens 2nd office in Bangalore
Bangalore, July 9 Australian real estate company L.J. Hooker has opened its second office in the city. Announcing this, Mr Ramneek Bakshi, Principal, said the fact that there was no branded player offering such services in the residential ... More

Commercial rentals on the rise in Mumbai, Bangalore
Rates may stay stable or correct lower in Chennai, Hyderabad, says study More

SCIENCE & TECHNOLOGY
Biz incubator for welding tech on anvil
Tiruchi, July 9 The country’s first Technology Business Incubator (TBI) is to come up soon at the Welding Research Institute (WRI) here at a cost of Rs 4.57 crore.The Union Government has sanctioned the scheme to the institute ... More

MINING & QUARRYING
Mining sector will continue to see high margins, consolidation: PwC
Chennai, July 9 The year 2007 is likely to see the global mining industry clock record financial results and witness further consolidation as industry leaders continue to spread out from their geographical homes to operate assets globally, ... More

More investment, initiatives in gold mining proposed
Cos should take risk and banks must support them, says Minister More

HUMAN RESOURCES
‘Expats find securing work permit complicated’
New Delhi, July 9 Due to the existing stringent work laws for expatriates in the country, the procedure to secure the work permit is extremely complicated for a foreigner and the absence of the right skills and talents is hurting various ... More

EXPORTS & IMPORTS
Increase in spices imports
Kochi, July 9 Imports of spices in the last fiscal has shown a substantial increase of about 5,000 tonnes in volume and about Rs 65 crore in value from that of the previous financial year mainly because of the competitive prices for most of ... More

PEOPLE
New HMA President
Mr Amar Chegu, Director of Cosmic Management Services, has been elected President of Hyderabad Management Association (HMA). The other office-bearers are: Mr C. Sudhir Babu, Executive Director of Brilliant Securities, (Vice-President); Mr Naresh ... More