The Hindu Business Line : Saturday, September 08, 2007

NON-CONVENTIONAL ENERGY
CLP setting up 100-MW wind farm in Gujarat
Chennai, Sept 7 The Hong Kong-based CLP group (earlier China Light and Power Company) is setting up a 100-MW wind farm in Gujarat at a total cost of over Rs 500 crore. This, according to experts, is among the large investments in the wind ... More

Icrisat, Rusni Distilleries develop model for using sweet sorghum
MAKING ETHANOL More

CEMENT
Tamil Nadu allowed to import cement
The Centre has permitted the Tamil Nadu Government to import cement as a measure to control cement prices in the State. The Centre’s permission follows a request from the State Government to import cement, as a number of ... More

CONSUMER ELECTRONICS
Consumer electronics industry seeks tax parity with IT
‘Bring rates down to ASEAN levels in phased manner’ More

COURTS/LEGAL ISSUES
Non-communication vitiates an order
More

ECONOMY
RBI Annual Report 2006-07: Pragmatic remedies to sustain growth
More

`Inflation dip cause for cheer'
The Finance Minister, Mr P. Chidambaram, on Friday expressed cheer over the fall in wholesale price index-based inflation to 3.79 per cent even as he noted that the homemakers' concerns on prices of essential commodities need to be addressed. ... More

ENVIRONMENT
‘Cos must incorporate eco accounting practices’
Companies must carry out energy analysis and incorporate environmental accounting practices to reduce green house gas emission levels at their facilities. The government, in turn, could enforce a form of taxation based on companies’ ... More

FOREIGN TRADE
FICCI, US chamber form task force on innovations
The task force will also identify the co-operation between the two countries. More

INFRASTRUCTURE
NMPT issues Rs 24-cr order for road development
Mangalore, Sept. 7 The New Mangalore Port Trust (NMPT) has given importance for the development of road infrastructure both inside and outside the port premises. In this regard, NMPT has issued work order to the tune of Rs 24 crore for ... More

PSU
State-level PSEs to come under MoU system
New Delhi, Sept. 7 The State level public sector enterprises (PSEs) too will have to sign memoranda of understanding (MoUs) with the respective State Governments, similar to the system under which the central public sector enterprises (CPSEs) ... More

PETROLEUM
Domestic air fares set for hike
New Delhi, Sept. 7 Domestic air travel will cost more in the coming days. While the largest private domestic carrier, Jet Airways, has revised its fares upwards, Indian is to increase fares from September 10.Jet Airways in a statement ... More

Crude diversion will not affect Kolkata Port viability: Chairman
Additional capacity, productivity improvement will compensate loss More

TAXATION
Top five tax issues in India from a global perspective Interview
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Number of direct tax payers on rise
New Delhi, Sept. 7 The total number of direct tax payers is on the rise, going by data for the last three financial years submitted to the Lok Sabha today.For 2006-07, the number of direct tax payers stood at 3.19 crore, higher than ... More

Maharashtra may soon scrap octroi, says CM
The Maharashtra Government could soon abolish octroi and take steps to scrap the urban land ceiling Act in the State. The Chief Minister, Mr Vilasrao Deshmukh, announced on Friday that the State Cabinet could soon adopt a ... More

COAL
Cabinet nod for AP coal project
New Delhi, Sept. 7 The Cabinet Committee on Economic Affairs has given its approval for sanctioning of Jallaram Shaft project of Singareni Collieries Company Ltd for a net capital requirement of Rs 467.78 crore and total outlay of Rs 512.87 ... More

EDUCATION
Narayana Murthy calls for better quality in education
Plea for a massive skills development programme More

TCS signs pact with tech institute
Tata Consultancy Services has signed an agreement with the National Institute of Technology, Tiruchi, on academic co-operation. The software company will institute two fellowships — TCS Research Fellowship and TCS Junior Research ... More

New V-C for Anna varsity
Dr. S. Kaliappan, Professor and Director, Institute of Remote Sensing (IRS), Anna University, Chennai has been appointed as the first Vice-Chancellor of the newly formed Anna University-Tirunelveli. — Our ... More

ELECTRICAL GOODS
NTPC in talks for making power plant equipment
New Delhi, Sept. 7 NTPC is in talks with established players to manufacture power plant equipment.“NTPC is in talks with some people for technology transfer and expertise,” said the Power Minister, Mr Sushilkumar Shinde, on ... More

MEDICAL INSTITUTIONS & HOSPITALS
Fortis, Oscar Investments to buy 53% in Malar Hospitals
New Delhi, Sept. 7 Fortis Healthcare Ltd has announced that its subsidiary International Hospitals Ltd (IHL), together with Oscar Investments Ltd, has entered into an agreement for acquisition of about 53 per cent equity of the Chennai-based ... More

REAL ESTATE & CONSTRUCTION
AP: New building rules aim to develop smaller cities
Bid to attract IT, hospitality sectors to towns More

HomeTown to open 6 new stores by December
Home Solutions Retail (India) Ltd, an arm of Future Group, will open six new ‘HomeTown’ stores in the country by December 2007.“We now have three stores and are looking at an annualised business of Rs 3,000 crore by ... More

CII’s green buildings meet in Chennai from Sept 19
The Confederation of Indian Industry– Sohrabji Godrej Green Business Centre is organising the fifth edition of the ‘Green Building Congress’, a seminar-cum-exhibition, at the Chennai Trade Centre from September 19 – 22. ... More

RURAL DEVELOPMENT
‘DFID aid lifted 23 lakh people out of poverty’
All-round praise as the programme is scaled up More

EXPORTS & IMPORTS
Tuna exports surge 88%
Kochi, Sept. 7 Tuna exports from the country have surged by 88 per cent to touch Rs 130 crore. The Marine Products Export Development Authority (MPEDA) is in the process of introducing new technology and products to boost exports of value ... More

Tea exports turn cold on rupee’s rise
With the erosion in the value of the dollar and the appreciation of the rupee, domestic tea exports have become uncompetitive in the international markets by as much as 10-15 per cent in price, the Tea Buyers Association, Kochi, has ... More