The Hindu Business Line : Tuesday, September 11, 2007

NRIS
Axis Bank, Europe bank in pact
Mumbai, Sept. 10 Axis Bank has signed an agreement with the Luxembourg-based bank Banque Privee Edmond de Rothschild Europe on Monday to provide wealth management solutions to overseas Indians.Banque Privee Edmond de Rothschild Europe ... More

SOCIAL SECURITY
Social Security Bill introduced in RS
Health insurance schemes for unorganised sector workers More
More

FOREIGN TRADE
Indo-Mexican trade targeted to double in 3 yrs
Will enable access to 1 billion customers, says Mexican President More

Baltic Sea Region seeks investments from Indian cos
Investment agencies promoting the region as gateway to Europe More

HK woos Indian companiess
New Delhi, Sept. 10 Indian companies looking to enter mainland China should partner with Hong Kong for such foray, according to Mr Fred Lam, Executive Director, Hong Kong Trade Development Council. ... More

INFRASTRUCTURE
Malaysian firm to build satellite township
Thiruvananthapuram, Sept. 10 Kerala and Malaysian Governments have joined hands to establish a satellite township at Kinalur near Kozhikode. The agreement between the Kerala State Industrial Development Corporation and the Construction ... More

PETROLEUM
ONGC renews interest in Cauvery deepwater asset
Brazil’s Petrobras holds 25% participating interest in the block More

BPCL’s mooring project to be ready by Nov
Kochi, Sept. 10 Bharat Petroleum Corporation’s (BPCL) Single Point Mooring (SPM) project is scheduled to be commissioned by November. The project, which was scheduled for completion by May 2007, was postponed to November on ... More

Rajiv Gandhi petro tech institute
The Union Petroleum Minister, Mr Murli Deora, has today introduced a Bill to declare the Rajiv Gandhi Institute of Petroleum Technology as an institution of national importance and to provide for its incorporation and matters connected ... More

Pact signed for asphalt centre at IIT-Madras
Financial support being provided by oil companies More

IOC losing Rs 80 cr a day on sale sops
Chennai, Sept. 10 Indian Oil Corporation is losing Rs 80 crore a day because of having to sell its products at a price lower than the cost, the company’s Chairman and Managing Director, Mr Sarthak Behuria, said today.At the ... More

Oil PSU stocks flare up
Better refining margin, talk of rise in retail prices cited as reasons More

PHARMACEUTICALS
Novartis case: Govt seeks time to submit arguments
Mumbai, Sept. 10 Additional time has been sought by the Government to submit its arguments to the Madras High Court on the appointment of Mr Chandrasekaran as a technical member on the Intellectual Property Appellate Board (IPAB). The ... More

POWER
Tata Power targets financial closure of Mundra by fiscal-end
Project to be executed on 80:20 debt-equity ratio More

‘Indo-US nuclear deal not perfect, but a net plus’
Economic, strategic, diplomatic benefits: Stanford varsity professor More

Sikkim Govt stops work on Dzongu hydel projects
More

Kerala plans projects to avert power cut for 10 yrs
Work on Athirapilly project to be taken up More

TAXATION
SIXTH SENSE
Make open offers less taxing
More

Double taxation avoidance deal signed
New Delhi, Sept. 10 India on Wednesday signed a double taxation avoidance agreement (DTAA) with Mexico to promote economic cooperation between the two countries. The agreement was signed by the Union Finance Minister, Mr P Chidambaram and Ms ... More

WATER
Bengal plans to introduce water tax
Kolkata, Sept. 10 West Bengal plans to introduce water tax during the current year in a bid to reduce wastage of water.The State Government will adopt Britain’s model in levying water tax, where water meters are placed in ... More

COAL
Rs 500-cr fund mooted for improving coal exploration
New Delhi, Sept. 10 The T.L. Sankar Committee on coal sector reforms has suggested that the Ministry of Coal must launch a programme of detailed exploration and drilling in the 11th Plan, aimed at increasing proved category reserves. ... More

MANAGEMENT
‘Managing a nation is much more than managing a co’
The Union Minister of State for Industry, Mr Ashwani Kumar, has said that managing the diversity of India, a nation of more than a billion people, is a real challenge for management professionals. “Managing a nation is much more ... More

EDUCATION
TeamLease’s training course in retail sales
Bangalore, Sept. 10 Staffing solutions company TeamLease Services in partnership with Manipal Universal Learning has launched a two-month training programme aimed at the retail sector. The residential programme will initially run in Bangalore ... More

IIFT mulls campus in Kerala
New Delhi, Sept. 10 Kerala may boast another notable name in management colleges after the IIM was set up in Kozhikode almost a decade ago. The Delhi-based Indian Institute of Foreign Trade is in the process of setting up a campus in ... More

IFMR setting up new campus in Chennai
Proposes investment of Rs 40 crore More

Andhra Bank to fete school topper
Andhra Bank will sponsor awards annually to the topper at the Bharatiya Vidya Bhavan School in Hyderabad, according to its Chairman and Managing Director, Mr K. Ramakrishnan. Announcing this at the Jubilee Hills School today, he asked students to ... More

TCS IT Wiz to kick off from Kochi
Kochi Sept. 10 Tata Consultancy Services has announced that the 2007 edition of TCS IT Wiz, ‘India’s largest interschool IT Quiz,’ will kick off in Kochi on September 22. The scale of TCS IT Quiz has been expanded ... More

CARS
Car makers bank on customer referral to push sales
Offer incentives to customers More

REAL ESTATE & CONSTRUCTION
IL&FS, Milestone launch Rs 1,000-cr real estate fund
Includes geenshoe option of Rs 500 cr More

GOLD & SILVER
`Growing economy offers scope for investment in gold'
"If gold prices remain stable and do not return to the levels of volatility witnessed in the first nine months of 2006, demand is likely to grow by up to 50 per cent,'' says World Gold Council CEO. More

BIO-TECH & GENETICS
Dept of Biotechnology undertakes study to scan microbes for antibiotics
Mumbai, Sept 10 Unique and extreme agro-climatic regions such as hot arid deserts, cold mountainous areas or even the sea, for instance, could soon be hunting grounds for scientists looking for micro-organisms or microbes that could lead to ... More

SCIENCE & TECHNOLOGY
Law soon to give fillip to research, innovation
New Delhi, Sept. 10 The Government will bring in a legislation by way of ‘India Innovation Act’ to give a fillip to research and innovation and position India as a leader in the 21st century, the Minister for Science and Technology ... More

EXPORTS & IMPORTS
Volvo India plans to double exports by next year
No capacity expansion planned More

DGFT sets up helpdesk
New Delhi, Sept. 10 The Directorate-General of Foreign Trade (DGFT) has set up a helpdesk to assist exporters/importers in surmounting technical problems faced by them while filing applications or making online payments for trade related ... More

AP chamber organising training programme on exports
More