The Hindu Business Line : Friday, September 21, 2007

URBAN DEVELOPMENT
Shriram Properties ties up with two US equity firms
Mumbai, Sept. 20 Shriram Properties has said that it is partnering with funds sponsored by US real estate investment firms, Walton Street Capital and Starwood Capital Group, to develop a Rs 5,000-crore integrated township in Kolkata. ... More

CLIMATE & WEATHER
Under a cloud
More

NRIS
Chief concern officer
He presents India as a destination… for NRIs wanting to ‘give something back’. More

ECONOMY
‘Sub-prime crisis may hit emerging economies’
The US sub-prime mortgage turmoil could weigh heavily on the future stability of financial markets and is also likely to have a wider impact on global growth, with particular concerns centred on the prospects for emerging market economies, ... More

No petro price hike plan for now: Deora
Oil bonds proposal may be considered at next Cabinet meet More

‘Industry status for logistics sector must’
Chennai, Sept. 20 The country’s logistics sector needs an industry status to avail itself of various benefits, including access to finance, according to Mr R. Narayanan, Director, KPMG Advisory Services, a consultancy firm.The Rs ... More

‘Use census data for financial inclusion’
Economist tells bankers More

ENVIRONMENT
‘India can emerge as green buildings hub’
Vital for curbing global warming More

FOREIGN TRADE
Mozambique officials visit Coir Board
Kochi, Sept. 20 A high level official delegation from Mozambique, headed by Mr Francisco Itai Meque, Governor of Inhambane, Government of Mozambique, visited the coir industry and Coir Research Centre of Coir Board at Kalavoor in Alappuzha and ... More

HEALTH
Rubber Board doubles medical aid for tappers
Kottayam, Sept. 20 The Rubber Board has doubled the medical aid intended for the tappers in the unorganised sector to Rs 20 lakh from Rs 10 lakh following widespread attack of contagious fever in rubber growing areas in the State. ... More

HOTELS
Hotels without parking space face closure threat in Hyderabad
More

INFRASTRUCTURE
Nanguneri evolves into a cluster of SEZs
7 product-specific zones will include engg, pharma, IT More

PETROLEUM
BPCL’s refinery at Bina set for completion by next Dec
Mumbai, Sept 20 BPCL will complete building its refinery at Bina in Madhya Pradesh by December 2009.The grassroots refinery will have a capacity of six million tonnes a year.As on date, orders in excess of Rs 7,000 crore in value ... More

PHARMACEUTICALS
DCA seizes spurious drugs worth Rs 5.36 cr
In a major haul, the State Drug Control Administration (DCA) has seized a variety of spurious and illegal drugs valued at around Rs 5.36 crore in the State.Raids were conducted during February-September 2007 and seizures made of drugs ... More

POWER
Govt planning IT-enabled energy accounting system
Cutting down tech, commercial losses More

Financial Tech gets nod for setting up power exchange
Mumbai, Sept. 20 Financial Technologies (India) Ltd has received approval from the Central Electricity Regulatory Commission (CERC) to set up a national level power exchange.The exchange would be called Indian Energy Exchange Ltd (IEX) ... More

SSI
Wings Infonet unveils eBiz suite
Hyderabad, Sept. 20 Software services and products company Wings Infonet Ltd has expanded its product offerings including the launch of a new eBiz suite. From a start-up, the company has positioned itself to serve tiny, small and ... More

SBH, German organisation in pact
State Bank of Hyderabad (SBH) and the German Technical Cooperation (GTZ) have signed a letter of consent to work as partner institutions in helping small and medium enterprises (SMEs). Financial services and demand-oriented business development ... More

RADIO/TV
‘NDTV Arabia’ launch in October
New Delhi, Sept. 20 New Delhi Television (NDTV) is launching ‘NDTV Arabia’, a 24 hour, free-to-air channel in West Asia and Africa. With the English infotainment channel, the company makes its entry into the Middle East and ... More

EDUCATION
Andhra varsity, CII sign pact
Visakhapatnam, Sept, 20 The Confederation of Indian Industry, Andhra Pradesh Chapter, and Andhra University signed a memorandum of understanding here on Thursday to improve the employability of students graduating from the university. The ... More

REAL ESTATE & CONSTRUCTION
‘Oversupply set to correct office space rentals’
More

City Group launches phase II of Amanora Park Town
Pune Sept. 20 The Pune-based City Group, real estate promoter and developer, has announced the launch of Amanora Park Town phase II, the first integrated township in the State. Mr Aniruddha Deshpande, Managing Director, City ... More

INDUSTRY ASSOCIATIONS
RBI must rein in rupee rise, say chambers
New Delhi, Sept. 20 The FICCI President, Mr Habil Khorakiwala, has said that it is time the Reserve Bank of India lowered the interest rate and intervened in the forex market more aggressively to rein the rupee which is at a 9-year high ... More

PAINTS
CII, IPA developing paints standard
The CII and the Indian Paints Association (IPA) are working towards setting a comprehensive standard for various categories of paints to be sold in India, including the standards on the lead ppm levels to be allowed in each product category. IPA ... More

HUMAN RESOURCES
Nokia ties up with SRM University
Mobile handset maker Nokia has tied up with SRM University to offer a fully sponsored specialised B.Tech degree programmes for its employees at its Sri Perumbudur factory. According to a release, this initiative is expected to encourage employees ... More

EVENTS
Porsche unveils high-speed model at Frankfurt show
Mumbai, Sept. 20 If you thought that the 911 Turbo was the fastest Porsche you ever drove and probably the most expensive among all Porsche models, think again. Porsche has just launched the most expensive and fastest 911 model – the new ... More

CII to organise Excon in Bangalore
Hyderabad, Sept. 20 The Confederation of Indian Industry (CII) is organising Excon 2007, India’s largest and only focused construction equipment and construction technology trade fair, in association with Indian Earthmoving & ... More

EXPORTS & IMPORTS
‘Rising rupee hits small exporters badly’
Sectors like textiles, chemicals and IT amongst others will bear the brunt of the domestic currency gaining against the US dollar. Small exporters, who have limited access to hedging products, are the worst hit, say experts. ... More

Ministry to hold talks with US team on nigerseed exports
Exporters keen to set up heat treatment facility More

Maersk to re-start direct operation in Coimbatore
Coimbatore, Sept. 20 Given the growing international cargo to and from Coimbatore, Maersk Line, the international ocean liner shipping company of A P Moller-Maersk Group, is re-starting its direct operation out of the city from this ... More

NATURAL CALAMITIES
Krishna in spate
More