Business Daily from THE HINDU group of publications
Saturday, August 11, 2007
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TAMIL NADU
Mitsubishi opens Rs 50-cr TN facility
Mitsubishi Heavy Industries India Precision Tools Ltd (MHI-IPT), formerly SRP Tools Ltd, inaugurated its new manufacturing facility at its existing premises in Ranipet near Chennai on Friday.The new Rs 50-crore facility would double the ... More

CMDA draft plan focuses on affordable housing
Chennai, Aug. 10Social housing, planned development of Chennai peripheral areas, public transport, and intermodal integration will be some of the focus areas in the final version of the draft master plan, according to Mr Md Nasimuddin, Member ... More

Khivraj plans high-end non-IT office space
Chennai, Aug. 10 Khivraj Tech Park, the real estate arm of Khivraj Motors, is planning an 1.80 lakh sq ft high-end, non-IT office space, according to sources in the know.Work on the Rs 60-crore business park is to start by the year-end ... More

Tirupur exporters want expenses shared by buyers
Reaction to plea for additional labour compliances More

Chennai Port to fund new MEPZ link road
Chennai, Aug. 10 The Chennai Port Trust will give Rs 3.3 crore to fund a 1-km road linking the Madras Export Processing Zone (MEPZ) and the Chennai port, according to the Chairman, Mr K. Suresh. Now trucks and container trailers have to ... More

Inclusive growth
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Tirupur association office-bearers
Mr A. Sakthivel, Managing Director, Poppys Knitwear Private Ltd, was unanimously re-elected president of the Tirupur Exporters Association (TEA) at its 17th annual general meeting. The other office-bearers who were reelected are Mr S. Duraiswamy ... More

ANDHRA PRADESH
Hyderabad Metro hopes to get more funds from Centre
Project to decongest three dense corridors in twin cities More

Ocean Park group takes up 3 projects
2 near Vizag, one in Hyderabad More

Reddy writes to Pranab on gas pricing
In one more missive on the ongoing natural gas pricing, the Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has written a letter to Mr Pranab Mukherjee, Chairman of the Empowered Group of Ministers, today.Dr Reddy urged Mr ... More

AP beach sand project opposed
Vizianagaram, Aug. 10 The proposal to set up a unit to extract ilmenite from beach sands in Poosapatirega or Bhogapuram mandals in Vizianagaram district is being opposed by fishermen as well as the public representatives of the area.The ... More

Sail fest
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AP Science Akademi meet
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Wedding expo at Marriott
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KERALA
‘Health woes unlikely to affect rubber output’
Board Chairman says production has declined only 50,000 tonnes More

Matrix Cellular starts operations in Kerala
Kochi, Aug. 10 Matrix Cellular (International) Services Pvt Ltd has set up its office in Kochi to provide mobile phone solutions to overseas travellers from the State. The company has tied up with Kochi-based D.C. Johar and Sons Pvt Ltd ... More

Organic area
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Centre mulling package for FACT
Thiuruvananthapuram, Aug 10 A relief package to help Fertilisers and Chemicals Travancore Ltd (FACT) come out of the crisis it is currently going through is under the consideration of the Centre.The package includes restoration of ... More

KARNATAKA
Corp Bank plans ‘branchless banking’
Mangalore, Aug. 10 Corporation Bank is planning to use the ‘branchless banking’ model to bring more villages under financial inclusion in un-banked areas. The bank, which has implemented this model in two villages in ... More

OTHER STATES
IDA credit for Bihar rural project
New Delhi, Aug. 10 India has signed a $63 million IDA credit agreement with the World Bank for the Bihar Rural Livelihoods Project.The International Development Association (IDA), the World Bank’s concessionary lending arm, is ... More

Change dispenser
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MAHARASHTRA
mKhoj launches SMS-based info on brands
Mumbai, Aug. 10 Very soon you will be able to view best deals and discounts on a particular product in your locality on your mobile phone. The city based start-up firm mKhoj has developed a platform that provides consumers with access to deals ... More

Making a point
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GUJARAT
JP Morgan sponsors Bloomberg terminal at IIM-A
In order to ensure that students at the Indian Institute of Management-Ahmedabad gain real-time access to business information, leading investment bank, J.P. Morgan, on Friday launched a Bloomberg terminal at the Institute here. The bank, ... More

WEST BENGAL
21-member Bharat Chamber team to visit Vietnam
A 21-member business delegation of Bharat Chamber of Commerce, representing a cross section of the Indian industry, is visiting Hanoi and Ho Chi Minh City from 12 to 18 of this month to explore the scope for establishing sustainable business ... More






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