INDUSTRY & ECONOMY
EMPLOYMENT
Dealing with short-term migration
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The Hindu Opportunities Fair on Sept 29, 30
Chennai, Sept. 24 The 19th edition of The Hindu Opportunities Fair will be held on September 29 and 30, from 9 a.m. to 4 p.m., at the Chennai Trade Centre.Over 35 companies representing engineering, IT, ITES and BPO industries will ...
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CLIMATE & WEATHER
Heavy rains damage cardamom plantations
Kochi, Sept. 24 Incessant heavy rains for about three weeks in the cardamom growing areas in Kerala’s Idukki district have led to widespread fungus disease in the plants which might result in further drop in the late ...
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NRIS
Impressive numbers
The Minister for Overseas Indian Affairs, Mr Vayalar Ravi, who addressed the first Pravasi Bharatiya Divas to be held outside India – in New York – reeled off a series of statistics to “salute the enterprise and success of ...
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AUTOMOBILES
KPIT gains entry into JasPar
Pune, Sept. 24 KPIT Cummins Infosystems Ltd, one of the members of AUTOSAR(AUTomotive Open System Architecture), has today joined JasPar (Japan Automotive Software Platform Architecture), a consortium of automotive manufacturers and suppliers ...
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COURTS/LEGAL ISSUES
Pfizer gets relief on epilepsy drug as US court reverses ruling
Competitors now not allowed to market generic versions
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ECONOMY
Interest rate: Immediate relief unlikely for corporate financials
Commodities’ prices may continue to remain firm
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Fears of US slowdown haunt IT companies
Industry awaits 2008 expenditure budget of US firms
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Help develop rural India, says Sunil Mittal
India’s growing at 9 per cent every year and would become a $35-trillion economy before 2040. Perceptions of India have changed the world over and it is today a confident country, said the CII President, Mr Sunil Mittal, addressing the ...
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ENVIRONMENT
Sikkim forms panel to study glaciers
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FOREIGN TRADE
‘The world is your competition now’
Chennai, Sept. 24Dismantling geographical barriers and commoditisation are the two key facets of a globalised market. In a fast shrinking world, where barriers between markets, companies, nations and cultures are being brought down, one must ...
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Bahrain seeks investment from India
Coimbatore, Sept. 24 The Economic Development Board (EDB), a Bahrain Government agency which is responsible for formulating and attracting direct investments, is now doing the rounds in Coimbatore, to lure prospective investors into investing ...
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Italy seeks trade ties with India
Udine (Italy), Sept. 24 After centuries of unilateral trade focus on Europe and the US, the North Eastern provinces of Italy have begun to show an increasing interest in trade and commerce with the East — especially with India and China. ...
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HEALTH
Campaign on toilet hygiene
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HOTELS
Hoteliers seek concessional land rate from TN Govt
Tamil Nadu hoteliers seek land at concessional rate from the State Government for budget hotels as land prices are so high that it has become unviable for companies to venture into the segment. However, as the State has become a ...
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PSU
Paying dividend
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PETROLEUM
Indian Oil set to enhance refining capacity
Mumbai, Sept. 24 Indian Oil Corporation Ltd (IOC), the largest public sector petroleum company, plans to invest Rs 43,250 crore over the next five years. It is also set to enhance its refining capacity to 80 million tonnes per annum.Mr ...
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ONGC plans Mumbai field Phase II redevelopment
May seek board nod next month; plans on to hike gas processing capacity
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Aug crude import up 9.7% on strong overseas margins
New Delhi, Sept. 24 The country’s crude oil import in August saw a jump of 9.7 per cent from a year-ago with the Indian refiners importing 10.05 million tonnes (mt) of crude. This is mainly due to strong margins overseas making oil ...
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ONGC Videsh signs contract for Myanmar blocks
New Delhi, Sept. 24 ONGC Videsh Ltd, the wholly owned subsidiary of ONGC, has signed production sharing contract (PSC) with the Myanmar Oil and Gas Enterprise (MOGE), a Government of Myanmar enterprise for three deep-water exploration blocks. ...
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PHARMACEUTICALS
Jawahar Pharma City to begin operations soon
More than 50 units ready to commence production
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POWER
Kerala reservoirs set to overflow
KSEB steps up hydel power generation
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TAXATION
Net direct tax collections up 41% in Apr-Sept 21
Continued buoyancy in corporate advance tax payments, higher tax deduction at source on corporate expenses, including salary payments and improved tax compliance, has helped the Centre record a 40.5 per cent increase in net direct tax ...
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TEXTILES
Restore tech upgrade scheme for textiles: FICCI
New Delhi, Sept 24 Concerned over deceleration in the growth of cotton textiles and textile products in July, the Federation of Indian Chambers of Commerce and Industry (FICCI) has called for immediate restoration of Technology Upgradation ...
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MANAGEMENT
Ranal Group unveils Web management tool in India
Coimbatore, Sept. 24 CAMeLEAN, a Web-based programme management software, has been introduced by the US-headquartered Ranal Group in India.Explaining the uniqueness of CAMeLEAN, Mr P. Rameshchandra, Managing Director of Ranal operations ...
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EDUCATION
Siva Sivani Institute’s PG courses
Siva Sivani Institute of Management has launched two post-graduate diplomas in banking, insurance, finance and allied services (PGDM-BIFAAS) and human resources (PGDM-HR). The Hyderabad-based business school had also set up Siva Sivani Institute ...
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SCIENCE & TECHNOLOGY
‘Low-cost access to space is ISRO’s second vision’
60 missions planned over the next five years
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Manned lunar missions focus of space meet
Hyderabad, Sept. 24 The celestial moon hogged the limelight on the first day of the global meet of space scientists and industry, with the Asian powers — Japan, China and India — unveiling their missions.China said it has no ...
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Space show
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MINING & QUARRYING
IVRCL to enter mining soon
IVRCL Infrastructures and Projects Ltd will foray into mining operations soon. The company’s annual general meeting held on September 7 had amended the objects clause of Memorandum of Association. According to a release, the management was ...
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FOREIGN DIRECT INVESTMENT
Insurance staff threaten stir on FDI
The All-India Insurance Employees’ Association (AIIEA) will continue its struggle against the proposed increase in FDI from 26 per cent to 49 per cent in the insurance sector and if the Union Government brings in a bill for the purpose, ...
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EVENTS
CII to organise ‘Excon 2007’
Mumbai, Sept. 24 The Confederation of Indian Industry is organising a construction equipment and construction technology trade fair, in association with the Indian Earthmoving and Construction Industry Association Ltd (IECIAL), in Bangalore ...
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EXPORTS & IMPORTS
‘No move to allow duty-free import of wheat products now’
The Centre has said that there is no move as of now to allow duty-free import of wheat flour and other products such as maida and atta.Addressing the 67th Annual General Body Meeting of the Roller ...
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Continue compulsory delivery in pepper futures: Exporters
Kochi, Sept. 24 A group of major pepper exporters has urged the authorities concerned to continue with the compulsory delivery system without quantity restriction as the futures market without delivery system would hamper the farmers’ ...
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