The Hindu Business Line : Thursday, July 26, 2007

ECONOMY
‘Govt may be compelled to review petro prices’
New Delhi, July 25 If the crude prices continue to rise, the Government may be compelled to review the retail prices of petroleum products. The Petroleum Minister, Mr Murli Deora, today said that the Government is trying not to raise retail ... More

HEALTH
Govt notifies bird flu outbreak
New Delhi, July 25 It’s official — bird flu is back. Notifying the outbreak of Avian Influenza in Chingmeirong village in East Imphal District of Manipur, the Government sought to reassure the country that all measures were being ... More

PSU
MMTC logs Rs 6,079-cr turnover in Q1
New Delhi, July 25 Public sector firm MMTC has logged the highest-ever first quarter turnover of Rs 6,079 crore, which is an 11 per cent rise compared with the corresponding quarter last year.The Chairman and Managing Director, MMTC, Mr ... More

PETROLEUM
Mittal may transfer Kazakh stake to OMEL
Pays first instalment for HPCL’s Bhatinda refinery More

POWER
‘Sikkim can play major role in cross-border energy trading’
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Plea to take back land allotted to Hindujas
The former Union Power Secretary Mr E.A.S. Sarma, who has settled here after retirement, has in a letter to the Chief Minister of Andhra Pradesh, Dr Y.S. Rajasekhara Reddy, appealed to the latter to take back immediately the land allotted to ... More

TAXATION
Decline in June ST collection from Coimbatore division
Higher input tax credit claimed More

Minister cautions against bill-less trading
‘It affects smooth implementation of VAT’ More

TEXTILES
Adequate raw material, FDI vital for textile sector: FICCI
New Delhi, July 25 Observing a slowdown in the textile sector, industry chamber FICCI has emphasised the need for ensuring adequate availability of fibre and attracting foreign direct investment (FDI) to achieve higher growth in the sector. ... More

RADIO/TV
INX teaming up with 11 production houses for 9X
Mumbai, July 25 INX Media has announced signing India’s top eleven production houses as partners for 9X, the Hindi entertainment channel to be launched in the fourth quarter of 2007. They are Balaji Telefilms Ltd, Synergy Adlabs, ... More

EDUCATION
IICT to offer pest management solutions
Hyderabad, July 25 The Indian Institute of Chemical Technology (IICT) here is in the process of providing integrated pest management (IPM) solutions, according to its Director, Dr J.S. Yadav.Speaking at the southern regional ... More

Career Launcher, Veritas tie up
NEW DELHI: Education company Career Launcher has entered into a 50:50 joint venture with the US based Veritas, a GMAT preparatory company to offer tutoring services in various countries across Asia. The yet-to-be-named joint venture would ... More

ICAI, Netaji Subhash varsity tie up
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R.V. Educational sets up Rs 4-cr design centre
R.V. Educational Institutions has established a VLSI design centre covering 8,000 sq. ft with an investment of Rs 4 crore in the city.The centre will promote advanced electronics education and add to the workforce a steady stream of ... More

REAL ESTATE & CONSTRUCTION
Puravankara sets Rs 500-525 price band
Mumbai, July 25 Realty major Puravankara Projects Ltd proposes to enter the capital market on July 31 with a public issue of 21,467,610 equity shares of Rs 5 each through a 100 per cent book building process. The price band has been fixed at ... More

INDUSTRY ASSOCIATIONS
Innovation key to additional revenue: Nasscom
Bangalore July 25 Innovation could help the Indian IT and ITES industry tap additional revenue streams of $50 billion by 2012, according to the Nasscom-BCG Innovation Report 2007, released on Wednesday.The report called for a six step ... More

REGULATORY BODIES & RULINGS
Cement companies deny cartelisation in prices
MRTPC notice to 14 cos; reply sought within 4 weeks More

EVENTS
The Hindu Metroplus LifeStyle Show begins today
Madurai, July 25 ‘The Hindu Metroplus LifeStyle Show’ will be held from July 26 to 30, at Tamukkam grounds in the city. Aimed at showcasing a variety of quality products under one roof, the event will feature over 150 ... More

Pharmacological society meet
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EXPORTS & IMPORTS
‘Palm oil import duty 45%’
New Delhi, July 25 The Finance Ministry has clarified the basic customs duty (BCD) on crude palm oil and crude olein stands at 45 per cent and not 40 per cent, as was notified earlier on Monday.In a corrigendum issued here on Wednesday, ... More

Palm oil import duty near to levels sought by ASEAN
Latest round of reduction takes palm fractions closer to soya More

TOURISM
Ecotourism body launches unified logo, Web site
‘Will make it easier to market ecotourism offering’ More

Awards for Kerala Tourism
Kerala Tourism has won two ‘Gold Awards’ at this year’s Pacific Asia Travel Association (PATA) awards. Kerala Tourism has won the awards in the ‘culture’ and ‘marketing media –brochure’ categories, ... More

PEOPLE
First citizen
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