The Hindu Business Line : Thursday, October 04, 2007

EXCISE AND CUSTOMS
‘Cut import duty on cell phone accessories’
The Indian Cellular Association (ICA) has appealed to the Government to lower the import duty on cellular accessories - such as batteries, chargers, blue tooth and hands free – from the current rate of 34 per cent to eight per cent. ... More

FOREIGN TRADE
France-India trade poised to double in 5 yrs: Envoy
Scope for association in aeronautics, manufacturing More

HEALTH
Hyderabad to host CII health conclave on Oct 9
Bangalore, Oct. 3 The CII healthcare conclave coming up in Hyderabad next week will highlight the need for quality and affordability of medicare in the country as the sector continues to boom.There is a serious need for accreditation of ... More

INFRASTRUCTURE
SEZ projects destructive: Medha Patkar
Kakinada, Oct. 3 Special economic zones are “destructive projects” and they should be opposed tooth and nail by the affected people and the others should lend support to the struggle, said Ms Medha Patkar, social activist and ... More

PETROLEUM
ONGC okays investment proposals for Mumbai High
New Delhi, Oct. 3 The board of Oil and Natural Gas Corporation (ONGC) on Wednesday approved investment proposals of Rs 5,713 crore for second phase of redevelopment of Mumbai High in western offshore. Western Offshore contributes around 16 ... More

Private sector oil cos’ retailing biz continues to take a hit
No relief from regulatory board on the issue of level-playing field More

POWER
Reliance Power files IPO papers; face value of share Rs 2
Mumbai, Oct. 3 Reliance Power Ltd proposes to sell 130 crore shares with a face value of Rs 2 each in its initial public offering. The company, a subsidiary of Reliance Energy, filed its Draft Red Herring Prospectus with SEBI on ... More

SSI
Small units upbeat on exports: Survey
New Delhi, Oct. 3 According a CII survey, a majority of 71 per cent respondents in the micro, small and medium enterprise (MSME) sector expect a negative impact on their bottom lines, while 29 per cent of respondents expect status quo in ... More

RADIO/TV
Big 92.7 FM tunes into Kollywood for more content
Chennai, Oct. 3 Big 92.7 FM’s Chennai channel, which turned one recently, will inject a lot more Kollywood (Tamil films) into its content. It will also seek to connect with audiences through various events, both on ground and on air, in ... More

Big 92.7 FM coming to Vizag
Big 92.7 FM is to be launched later this month here, according to a press release issued by the company. It has already been launched in Hyderabad and Tirupati in the State. In the first phase, FM stations were set up in the metros, and, in the ... More

EDUCATION
IIT Madras annual technical fair begins
Chennai, Oct. 3 The annual technical festival of Indian Institute of Technology (IIT) Madras ‘Shaastra 2007’ took off today and will continue till Sunday.The five-day festival will showcase several projects by the students ... More

MEDICAL INSTITUTIONS & HOSPITALS
Dental college soon in Madurai
Madurai may soon have a dental college. A direction has been issued to the District Administration to identify a site for establishing the dental college in the city. Announcing the direction by the Government at a meeting with the media ... More

REAL ESTATE & CONSTRUCTION
Real estate developers looking at newer financing options
The FDI guidelines have created a lot of interest among foreign investors. But the real attraction for them is potential investment returns of 25 per cent and more in Indian projects that might be hard to come by in the US and Western Europe today. More

Sobha Developers joins hands with QVC Realty for Gurgaon project
Bangalore, Oct. 3 Sobha Developers Ltd announced its joint development agreement with QVC Realty and Chintels India Ltd, the flagship company of the Chintels Group having large land banks in National Capital Region (NCR), to develop a 192-acre ... More

DLF rises 16.4% on Bangalore tender news
Awaits formal letter of the contract More

READYMADE GARMENTS
Sale extended!
The huge rush for branded wear at end-of-season sales is prompting retailers to offer discounts throughout the year. More

ECONOMICS
Rupee appreciation upsets export arithmetic
Rising costs and an appreciating local currency can apply pressure on both the cost and revenue sides and render export trade quite uneconomic, says T. B. KAPALI. More

RURAL DEVELOPMENT
2-day rural biz meet from Oct 8
New Delhi, Oct 3 The absence of an integrated business relationship with the rural market, reckoned at $500 billion in the next 10 years, is costing the economy two per cent additional GDP growth annually, according to the industry chamber, ... More

EVENTS
All-India khadi festival
Mumbai, Oct. 3 An All-India Khadi-Fest is being organised by the Khadi & Village Industries Commission to commemorate Mahatma Gandhi’s birth anniversary from October 2. The exhibition-cum-sale, housing 50 stalls by artisans across ... More

Techno-management fest
More

‘Development administration requires awareness of powers’
More

EXPORTS & IMPORTS
Imports of sensitive items post small growth
No noticeable impact of appreciating rupee seen More

Skimmed milk powder exports may top 50,000 t
We can easily do one lakh tonnes annually, says Hatsun Agro More