The Hindu Business Line : Wednesday, September 26, 2007

POLLUTION
Shell Foundation in pact with NGO for replacing traditional stoves
New Delhi, Sept. 25 UK-based Shell Foundation on Tuesday announced that it has tied up with an US-based environmental NGO Envirofit International. The partnership will work towards reduction in the number of deaths caused globally by ... More

CHEMICALS
Rising rupee to hit chemical products export growth
New Delhi, Sept. 25 The rising rupee will reduce the growth in export of chemicals and allied products to around five per cent from the current 10 per cent, according to the Chemicals and Allied Products Export Promotion Council.The ... More

COURTS/LEGAL ISSUES
HC asks sugar mills to clear cane arrears in 3 weeks
New Delhi, Sept. 25 In a further tightening of the screws on the sugar industry, the Allahabad High Court has issued a mandamus directing the Uttar Pradesh Government to ensure full payment of cane arrears owed to growers by mills ... More

Govt begins talks with law firms on opening up legal services
Asks them to submit required safeguards More

ECONOMY
Incredible India@60 — Of showbiz and serious concerns
New York, its streets and its various imposing and charming spots are often seen in the films of Bollywood filmmakers like Karan Johar. His recent films, including Kabhi Alvida na Kehna and Kal Ho Na Ho were shot ... More

‘Focus on green economy for social welfare’
Mangalore, Sept. 25 Magma 2007, an intercollegiate management fest, organised by Srinivas Institute of Management Studies, Mangalore, began on Saturday with a call to focus on green economy for the welfare of society. Inaugurating the ... More

FOREIGN TRADE
US-India trade policy forum keen on strategic ideas
Under the leadership of the Commerce and Industry Minsiter, Mr Kamal Nath, and the USTR Ambassador, Ms Susan C. Schwab, the US-India Trade Policy forum’s Private Sector Advisory Group has held its first meeting in New York. ... More

HEALTH
Starkey to raise awareness on hearing impairment
New Delhi, Sept. 25 Starkey Laboratories, the US-based hearing aid company, which has made an investment of $2 million in its India operations, is focussed on raising awareness on hearing impairment. According to Mr Rohit Misra, Managing ... More

PETROLEUM
India skips trilateral meet on Iran gas pipeline
New Delhi, Sept. 25 India has decided to skip the trilateral official level talks on the $7.4-billion Iran-Pakistan-India gas pipeline pending resolution of bilateral issue with Pakistan, including the one pertaining to transit fee. ... More

ONGC to resume drilling in Bengal offshore soon
Kolkata. Sept. 25 ONGC will resume drilling in Bengal offshore (WB-OSN-2000/1) shortly. Ending almost a one-and-a-half year-long hiatus, the Union Petroleum and Natural Gas Ministry has finally granted six months extension to complete ... More

BPCL witnesses wild swings intra-day
Co denies major discovery in Assam block More

PHARMACEUTICALS
Drug cos rethink strategies to offset rupee impact
May include ‘escalation clause’, review cost efficiencies More

TAXATION
‘Vodafone liable to deduct tax at source on Hutch deal’
New Delhi, Sept 25 The Income-Tax Department is hopeful of emerging victorious in the legal wrangle over its attempt to collect capital gains tax on the $11.1-billion Vodafone-Hutchison deal. Although Vodafone has taken the position ... More

TEXTILES
Textile Ministry braces for plugging skill supply-demand gap
More

TYRES
Tyre makers’ entry spurs spot rubber
Kottayam, Sept. 25 Physical rubber prices recorded another smart move on Tuesday. The re-entry of the tyre makers with higher quotes fuelled the domestic sentiments considerably and covering groups remained moderately active on sheet rubber ... More

COAL
Gremach’s stake in Mozambique mines
Gremach Infrastructure Equipments & Projects Ltd has said that it has acquired 75 per cent stake in 11 coal mine licences in Mozambique that have a total of 13,520 hectares in Moatize region for an undisclosed amount. The company plans to ... More

TERRORISM
Against terrorism
More

RADIO/TV
NDTV unveils first city channel
New Delhi, Sept. 25 With a glass bus studio, camera-equipped taxis and helicopter in the skies, NDTV is making its Delhi attack with NDTV MetroNation, its first English city channel. Launching the Delhi edition, the company promised to ... More

EDUCATION
Pre-placement offers begin at IIMB
Bangalore, Sept. 25 Talent hunt has already begun at IIMB. The Class of 2008 comprising 254 students in the post-graduate programme in management at the institute have started receiving pre-placement offers (PPOs) from Day Zero companies. PPOs ... More

AUTOMOBILE COMPONENTS
Plan to boost auto component SMEs productivity
New Delhi, Sept 25 United Nations Industrial Development Corporation (UNIDO) and the Government of India plans to develop training packages for automotive component manufacturing companies to enable them to build expertise in productivity and ... More

REAL ESTATE & CONSTRUCTION
Bangalore residential market witnessing a slowdown: Report
Lull is over; momentum is back, claim builders More

Land acquisition: Bengal Govt working on package for `marginalised'
Plan to develop commercial properties around new industrial units More

INDUSTRY ASSOCIATIONS
New Kanara Chamber chief
Mr K. Narasimha Prabhu has been elected President of the Kanara Chamber of Commerce and Industry (KCCI) for 2007-08. A KCCI press release said here on Tuesday that Mr Prabhu was unanimously elected President at the 66th annual general meeting of ... More

SCIENCE & TECHNOLOGY
Astrium, Antrix to jointly tap small satellite sector
Target Europe, US markets; Eutelsat launch likely by next year More

Arianespace to strengthen ISRO deal
Arianespace, the world leader in the satellite launch business is optimistic of offering more flexibility to the growing market with Indian launch vehicles. Dr Jean-Yves Le Gall, Chairman and Chief Executive Officer (CEO) of the ... More

MINING & QUARRYING
NMDC may enter spot market for selling iron ore
‘It will allow us to take advantage of the recent rise in rates ’ More

Strategic move for Gremach
Acquires 75% controlling stake in 11 coalmines More

EVENTS
‘Revenue deficit to be wiped out by 2008-09’
More work to be done on the reforms side: Chidambaram More

EXPORTS & IMPORTS
Rupee rise gives Bangla, Pak exporters an edge
Exporters wary of fresh orders, may opt for invoicing in euro More

Indian sugar meets global standards, Pak court told
Quality control report doesn’t substantiate allegations: ISMA More

Tea import bill down Rs 4 cr
Coonoor, Sept. 25 The country’s tea import bill has fallen by Rs 4 crore in the first five months of this calendar over the same period of last year. Between January and May, India paid Rs 36.74 crore to import tea against Rs ... More

Textile exports may be hit on dull US market
Coimbatore, Sept. 25 With the overall market for textiles in the US having slowed down, it may leave its impact on India’s home textile exports this year.Price pressure The impact would be widely felt ... More

Importers unhappy over new dwell time norms for airports
Effective October, it is restricted to 3 days from 5 days More

NATURAL CALAMITIES
Trains cancelled & rescheduled
More

STANDARDS & BENCHMARKS
India elected member of ISO Council
New Delhi, Sept. 25 India has been elected a member of the International Organisation for Standardisation Council (ISO) for 2008-09. The elections were held during 30th General Assembly Annual Meeting of ISO at Geneva. The Indian ... More