The Hindu Business Line : Wednesday, October 03, 2007

NON-CONVENTIONAL ENERGY
Meet on wind power evacuation facilities
Coimbatore, Oct. 2 The Tamil Nadu Electricity Regulatory Commission (TNERC) will convene a meeting on October 17 to discuss wind power evacuation facilities in the State.Mr R. Balasubramanian, Secretary, TNERC, in a letter to the stake ... More

SOCIAL SECURITY
Festival bonanza for pensioners
In a gesture that would bring some cheer to the pensioners in the State with in the run up to Deepavali, the Tamil Nadu Government has doubled the festival advance granted to pensioners. According to a Government Order issued by the Finance ... More

AWARDS & HONOURS
Award for MG varsity VC
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CHEMICALS
Chemical exports rise 23%
Mumbai, Oct. 2 Despite the rupee appreciation causing a close to 12 per cent dip in exporter earning, chemical exports were up 23 per cent, though with incommensurate revenues, according to the Basic Chemicals, Pharmaceuticals and Cosmetics ... More

COURTS/LEGAL ISSUES
Need for calm, cool reflection
The concatenation of events since the free-for-all erupted over the Sethusamudram project following the filing and subsequent withdrawal of the affidavits on behalf of the Government before the Supreme Court is threatening to descend into depths ... More

ECONOMY
Rising rupee does not spare domestic manufacturers
Companies using local raw materials losing cost advantage More

Indian capital goes abroad
A strong rupee, the skilled-labour shortage, changing demographic profile of overseas clients and the firms’ own movement up the value chain are all playing a role in encouraging high-tech firms to outsource their outsourced jobs to countries l ocated near actual and potential clients, says ASHOAK UPADHYAY. More

EXCISE AND CUSTOMS
Re 1/kg excise duty on packet tea mooted
To meet social cost of plantation workers, says panel More

FERTILISERS
Indian Potash to import MAP at $478 per tonne
Move to reduce dependence on DAP More

FOREIGN TRADE
Thailand investors urged to invest more in North-East region
Bangkok, Oct. 2 Even as India and Thailand are well on course for conclusion of the Free Trade Agreement (FTA) talks by March next, two Union Ministers and eight Ministers from North-Eastern States (including five Chief Ministers) today made ... More

HOTELS
Room tariffs in star hotels may rise by 15-20%
Kolkata, Oct. 2 The average room rates (ARR) of star hotels in the country are likely to go up as hotel majors in metros plan to hike room tariffs by about 15-20 per cent during this festive season.According to industry analysts, the ... More

POWER
Bidding plan for transmission being finalised
On the lines of ultra mega projects More

TEXTILES
RPP Constructions gets SIMA textile park contract
Coimbatore, Oct. 2 The preliminary engineering works contract for the Southern India Mills Association (SIMA)-promoted textile processing park project at Cuddalore SIPCOT industrial estate has been awarded and the work has commenced, according ... More

EDUCATION
‘Leaders can be made’
Chennai, Oct 2 At the end of the day “you deal with human beings” and increasingly, in a global scenario, “you will deal with people from France and Switzerland or any corner of the world”, said Mr R. Anand, Partner, ... More

Meet on management education
Excellence in management education is vital for enhancing global competitiveness of Indian corporates, according to Mr K. Narayana Rao, Member – Secretary, All-India Council for Technical Education. Delivering a lecture on challenges to ... More

Company secretaryship course
Hyderabad, Oct. 2 The Institute of Company Secretaries of India, Hyderabad Chapter will be commencing its 61st batch of oral coaching for foundation, intermediate and final stages of company secretaryship course on October 8. Admissions ... More

Seminar on GRE in Hyderabad
The Triumphant Institute of Management Education (TIME) organised a seminar on the Graduate Record Examination (GRE) here. About 200 aspirants attended the seminar presided over by Mr Jaideep Singh Chowdhary, Program Head (GRE), TIME. ... More

Degrees in aviation branches
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MINING & QUARRYING
Canada’s Cubex keen to make India hub for maintenance operations
Plans fixed base operations for corporate jets More

NEWSPAPERS & PUBLISHING
Small, regional papers to get more Govt ads
New Delhi, Oct. 2 The Government is planning to move more of its advertisements to papers with smaller circulation. These papers will now see a 50 per cent increase in Government advertisements. Large mainstream papers, which have so ... More

PACKAGING
Cotton trade resents Gujarat ginners’ move on packing charges
Buyers in South say Rs 40 per bale will hurt them More

DISINVESTMENT
KG basin: GSPC final bids for stake dilution by Nov likely
Pre-bid meeting in London from Oct 10 More

RURAL DEVELOPMENT
BoB ‘adopts’ Dungarpur
“If we have courage, we can find gold in the earth. If we smile, every season will seem pleasant”.For the people of Dungarpur, the most ‘backward’ district in Rajasthan, the lyrics of their song resound with the ... More

EVENTS
Management meet at Karaikudi
The Alagappa Institute of Management, Alagappa University, Karaikudi, organised a one-day national level management meet ‘SamrajiAim’ at Karaikudi.The meet, held under the aegis of Business Line Club, included five events, ... More

Gandhiji remembered
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EXPORTS & IMPORTS
Nalco bags Capexil award
National Aluminium Company Ltd (Nalco) has received the top export award of Capexil, under processed minerals category, for the year 2006-07. The company’s Chairman-cum-Managing Director, Mr C.R. Pradhan, has received the award on behalf of ... More

BEARINGS, CASTINGS & FORGINGS
‘Castings industry may need $2-b investment’
Chennai, Oct. 2 The domestic foundry industry has a tremendous scope to increase the production of castings and might require over $2 billion investment in the next five years as the advanced countries such as the US, Japan and Germany are not ... More