The Hindu Business Line : Thursday, September 13, 2007

CHEMICALS
‘Farm sector getting less sulphur’
Sulphur Mills Ltd, a Mumbai-based manufacturer of sulphur powders for different agricultural and commercial applications, has said that agriculture in the country fell short of 16 lakh tonnes (lt) of sulphur annually.Quoting studies, it ... More

ECONOMY
Manufacturing, consumer durables drag down growth
Industrial production slips to 7.1% in July; appreciating rupee adds to woes More

ENVIRONMENT
Buyers prefer bundles of carbon credit
Hyderabad, Sept.12 India boasts about 800 CDM (clean development mechanism) projects in various States, offering additional income to small enterprises from the sale of emission reductions to buyers in the developed nations.It is, ... More

EXCISE AND CUSTOMS
Excise duty collections up 9% in Aug at Rs 9,898 cr
Customs duty revenues continue to be buoyant More

New rule on cenvat credit
Excise on ‘destroyed’ finished goods More

FOREIGN TRADE
Bulgarian PM sees big scope for enhancing ties
Lists key sectors such as pharma, IT for investment More

Taiwan trade office coming up in Chennai
Taiwan External Trade Development Council (TAITRA) will inaugurate the Taiwan Trade Centre liaison office at Chennai on September 15. This will be the second such centre in the country after Mumbai and will provide Taiwanese companies ... More

Taiwanese companies keen to invest in India
Chennai, Sept. 12 A host of Taiwanese companies with interests in electronics, telecommunication and information technology are likely to set up manufacturing units in Chennai.Mr Gopal Srinivasan, Chairman, Tamil Nadu State Council, ... More

HEALTH
Apollo, Deccan Aviation offer air ambulance service
In talks with medical insurance companies More

PETROLEUM
AP to step up issue of LPG connections
The Chief Minister, Dr Y.S. Rajasekhara Reddy, on Wednesday directed the oil marketing companies and the Civil Supplies Department to release three lakh LPG connections during 2007-2008 and another six lakh connections in ... More

PHARMACEUTICALS
GoM hears industry views on pharma policy
New Delhi, Sept. 12 The Group of Ministers (GoM) reviewing the Pharmaceutical Policy 2006, heard presentations from the industry and consumer groups on Wednesday. The GoM, chaired by Mr Sharad Pawar, Minister of Agriculture, was ... More

POWER
TN clears 4 merchant power plants
Will have 6,000 MW total generating capacity More

STEEL
Steel body to offer design, consultancy services
Kolkata, Sept. 12 The Institute for Steel Development & Growth (INSDAG) will soon embark upon project design and consultancy services on a commercial basis, according to Mr P.K. Bishnoi, the new President of INSDAG and Chairman & ... More

TAXATION
Due date for advance fringe benefit tax extended
New Delhi, Sept. 12 The Finance Ministry on Wednesday said that the first and second instalment of advance fringe benefit tax (FBT) on employee stock option plans (ESOPs) could be paid on or before December 15, which is the date of the third ... More

TEXTILES
60 technical textile projects under upgrade scheme
Coimbatore, Sept.12 The Union Government has sanctioned 60 technical textile projects with an aggregate project cost of Rs 897 crore under the technological upgradation fund scheme (TUFS) between April 1, 1999 and February 28, 2007.The ... More

COAL
Panel meets today to allocate coal blocks
15 blocks for power sector More

RADIO/TV
Neo Broadcast to spin off separate distribution co
In talks with international broadcasters to build its bouquet More

FOODS & FOOD PROCESSING
Retail boom fuels food processing industry
Mumbai, Sept. 12 The retail boom in the country has given a fillip to the nascent food processing sector.The Government has set an investment target of Rs 1,00,000 crore for the food-processing sector by 2015. This is expected to almost ... More

REAL ESTATE & CONSTRUCTION
Shriram Properties ropes in Starwood, Walton Street
For Rs 5,500-cr integrated township project in W. Bengal More

LEATHER
Leather stocks may catch fancy of investors
Cos such as Bata, Liberty and Crew line up expansion plans More

READYMADE GARMENTS
Apparel park woes: Exporters hopeful of early solution
Chennai, Sept. 12 The apparels and handloom exporters, who were allotted land to set up production units in Irungattukottai, now hope that the impasse in setting up “a proper apparel park” will end soon. “The meeting ... More

SCIENCE & TECHNOLOGY
Deccan Aviation eyes aerial mapping
Bangalore, Sept. 12 Deccan Aviation, which plans to hive off its Air Deccan airline venture, will foray into aerial survey and mapping, according to Executive Chairman, Mr G.R. Gopinath.While the demerger of the two companies is still ... More

CONTRACEPTIVES & PROTECTIVES
When being ‘bindaas’ matters
A campaign to get people comfortable with condoms wins PR firm Corporate Voice Weber Shandwick a UN award. More

FOREIGN DIRECT INVESTMENT
AP expects big investments from West Asia
Hyderabad, Sept. 12 The State Information Technology and Communication Minister, Mr R. Damodar Reddy, today hinted at the possibility of investment of about Rs 6,000 crore from Dubai and Ras Al Khaimah. Addressing a press conference ... More

EVENTS
‘Quick response must to combat cyber crime’
Information sharing and data preservation More

Kochi trade show from Sept 27
As many as 150 domestic and 50 international buyers will participate in the Trade and Technology Business Show (TTBS) to be held in Kochi from September 27 to 29. The show will also feature 50 domestic and 25 international exhibitors and they ... More

Strengthening PSBs
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INCOME TAX
Stock options: The costly ambiguity
Chennai, Sept. 12 In the ambiguity surrounding fringe benefit tax (FBT) on employee stock option plans (ESOPs), the biggest affected party is possibly the Government, according to Mr Kaushik Mukerjee, Executive Director of ... More

EXPORTS & IMPORTS
Pawar: No plans for further wheat imports
More

Rice exporters await decision on basmati definition
New Delhi, Sept. 12 The Rs 3,000-crore basmati rice export industry of India is keenly awaiting the decision on the definition of the basmati rice — whether seeds from evolved basmati using one of the two parents from among the ... More

NATURAL CALAMITIES
Many tea gardens in Jalpaiguri hit by floods
Kolkata, Sept. 12 The Indian Tea Association (ITA) has received reports that many tea gardens in Jalpaiguri district in northern part of West Bengal have been severely affected by the recent floods, according to a press release issued by ITA. ... More

TOURISM
Kerala shopping fest from Dec 1
Thiruvananthapuram, Sept. 12 From December 1, the State will play host to the Grand Kerala Shopping Festival. Announcing this at a press conference here on Wednesday, the State Tourism Minister, Mr Kodiyeri Balakrishnan, said that the ... More

Panel to prepare new heritage structures list
Kolkata, Sept. 12 Kolkata Municipal Corporation (KMC) has formed a sub-committee headed by historian Mr Barun De to prepare a modified list of heritage structures in the city.According to KMC sources, the municipality is currently ... More

Sylvan settings
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PEOPLE
CII award
Hyderabad, Sept. 12 The Confederation of Indian Industry-Sohrabji Godrej Green Business Centre (CII-GBC) will be honouring Mr Pramod Deo, Chairman, Maharashtra Electricity Regulatory Commission (MERC), with ‘Distinguished Personality ... More