The Hindu Business Line : Tuesday, October 09, 2007

NON-CONVENTIONAL ENERGY
Praj Ind setting up sweet sorghum ethanol plant
Pune, Oct. 8 Pune-based Praj Industries Ltd (PIL) is setting up a fully integrated, commercial scale plant for ethanol production exclusively from sweet sorghum at Nanded for Tata Chemicals Ltd. The plant, which will have a crushing ... More

AUTOMOBILES
Pune on the ‘Autobahn’
Through the years, Pune, western Maharashtra’s largest city after Mumbai, has worn many caps. As the home for several sterling institutions of higher learning, it earned the moniker of the Oxford of the East; as the chosen destination ... More

ECONOMY
FOCUS ON WESTERN INDIA
Maharashtra, Gujarat fuel India Inc’s dreams
The duo emerged out of the same womb in 1960. From day one, their eyes gleamed with steely determination and passion to excel. And, from day one, they went about charting their course towards their common goal. The biggest asset the siblings ... More

Sensex tanks 282 points on US cues, political concerns
US job data paints a positive picture; banking & real estate stocks plunge More

Mumbai aims to be global financial centre
From the financial capital of India to a Shanghai in the making, Mumbai has earned itself several sobriquets along its brisk journey to the top of the nation’s economic growth chart. And now, Mumbai is being touted as a potential ... More

Gujarat: Home to global business
A recent study on the “Outlook for Corporate Investments”, conducted by the Reserve Bank of India, Gujarat ranks first in India with the proposed investments of $17.8 billion in 86 projects, comprising 25.8 per cent of the total ... More

Spectre of sovereign wealth funds
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Finance and the real economy
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Pune: Complete settling solutions
Several Indian cities have seen major developments over the last couple of decades, and Pune qualifies for frontrunner rating. The peaceful getaway that harried and hurried Mumbaikars fled to for weekend breaks and sexagenarians chose as the ... More

Growth must be inclusive, equitable: Kamal Nath
Pvt sector urged to create jobs in rural areas More

Wine adds fizz to Maharashtra’s economy
Wine is adding a new, sparkling fizz to Maharashtra’s economy.Cottoning on to the heady business potential of wine production and export from Maharashtra, the State Government has uncorked a special policy for wine, becoming the ... More

ENGINEERING
Pune: Engineered for excellence
Amongst the many accolades that come Pune’s way, one of the most enduring is that of it being a centre of excellence for the engineering industry. Its innumerable engineering colleges, including one of the oldest and most prestigious in the ... More

FOREIGN TRADE
Move to cut trade imbalance with Lanka, Bangladesh
Pact signed for duty-free apparel article imports More

‘SE Asian nations keen on investments from TN’
Offer support in terms of subsidies, incentives More

INFRASTRUCTURE
Gujarat making strides in infrastructure
Infrastructure plays a vital role in any economy. In particular, availability of better infrastructural facilities is, perhaps, the single most important factor in attracting investments for other sectors of the economy. While the Centre and many ... More

Modern airports for Udaipur, Amritsar
New Delhi, Oct. 8 Amritsar and Udaipur would soon see modern airports with the Airports Authority of India inviting Request For Quotation (RFQ) for outsourcing on a long term basis the maintenance and commercial exploitation of the new ... More

PSU
PM takes stock of volatility in crude scenario
The Prime Minister, Dr Manmohan Singh, on Monday took stock of the situation arising due to volatility in the crude prices and the revenue loss faced by the state-owned oil marketing companies. According to official sources, the Prime ... More

‘Miniratna 1’ status for CCL
Central Coalfields Ltd has been notified as a “miniratna” category-1 company, says a press release. CCL is the first miniratna category-1 Central PSU of Jharkhand and the sixth miniratna company under Coal India Ltd. CCL’s new ... More

PETROLEUM
‘India vulnerable to oil shocks, foodgrains deficit’
RBI rules out creation of funds to use excess forex reserves More

Petronet to begin work on Kochi LNG terminal
Engg services contract to be finalised by next week More

POWER
11th Plan power projects: Govt sets strict deadlines
‘Won’t be allowed to stretch beyond March 2008’ More

Maharashtra to be power surplus by 2010
Notwithstanding the efforts being made by the Maharashtra Government, the State, considered to be India’s financial capital, continues to reel under power shortage. Being a key component of the infrastructure needed to boost any ... More

Gujarat: Energising the nation with power, natural gas
Gujarat is one of the few states in India which supply power round-the-clock in most of its towns, cities and villages. Power situation in this industrialised state has been satisfactory and people in most towns and cities have not known ... More

TEXTILES
‘Reactivate tech upgradation fund scheme’
Coimbatore, Oct. 8 The Powerloom Export and Development Council (PEDXCIL) Chairman, Mr M.S. Mathivanan, has said that many textile projects, including the hi-tech weaving park projects and the park schemes promoted under the Scheme of ... More

SSI
SMEs high jump to big success
They are the unknown faces of corporate India. Unlike the top corporate honchos of India Inc, they are far away from media and public glare. They may or may not scale the peaks that the Tatas, Birlas or Ambanis conquered in corporate ... More

Nimsme to open branches in South
Hyderabad, Oct. 8 The Hyderabad-based National Institute for Micro, Small and Medium Enterprises (Nimsme) is expanding to other southern cities with new branches during 2007-08. Chennai, Bangalore and Thiruvananthapuram would be the ... More

BREWERIES
TN Govt allows extra neutral alcohol imports from outside the State
Chennai, Oct. 8 The Tamil Nadu Government has allowed liquor manufacturers in the State to import half their monthly requirement of extra neutral alcohol (ENA), the raw material used to make Indian Made Foreign Spirits (IMFS), according to a ... More

EDUCATION
Now, education to go Twenty20
Twenty20 seems to have established an intimate connection with India. First, the former President created a vision that India will become a developed nation by 2020. Now, the Indian cricket team has won the first Twenty20 World Cup. And next, it ... More

ISB hikes scholarships
Hyderabad, Oct. 8 The Indian School of Business (ISB) has announced a range of scholarships worth Rs 3.3 crore, to be offered to students who will be selected for the new class of 2009. The total scholarship amount represents a 55 ... More

IIM-K management conclave concludes
Kochi Oct. 8 The current pace of India’s economic development cannot be sustained unless the growth becomes inclusive, Mr Harish Bijoor, CEO of Harish Bijoor Consults Inc, said at Horizons 07 held at the Indian Institute of ... More

FOODS & FOOD PROCESSING
Food processing business: Maharashtra leads the way
While 60-70 per cent of all produced fruits and vegetables are processed worldwide, only two per cent of Indian production is similarly processed. The fast changing food consumption pattern in India and the arrival of several multinationals on ... More

GEMS & JEWELLERY
Gem, jewellery add glitter to economy
The history of the Indian gem and jewellery, a $30-billion industry, began and flourished in the two leading States of Maharashtra and Gujarat. Exports from the industry fetched $17.1 billion in 2006-07 against $16.64 billion in 2005-06, showing ... More

REAL ESTATE & CONSTRUCTION
‘Failure of malls due to clash of realtor and retailer’
Kolkata, Oct.8 The clash of interest between real estate developers and retailers has led to failure of most of the retail malls in India. According to industry players, experts and analysts the sharp rise in real estate prices across the ... More

NEWSPAPERS & PUBLISHING
Word-of-mouth most powerful ad tool: Nielsen
Newspapers come second in ‘most trusted list’ More

FOREIGN DIRECT INVESTMENT
Vibrant Gujarat markets State’s investment potential
One of the defining features of the Gujarat Government since 2003 has been its efforts to boost investments through the “Vibrant Gujarat” series of programmes, clubbed together with cultural extravaganzas such as the Navratri and kite ... More

SOCIAL WELFARE
AP incentives to scheduled caste entrepreneurs
Hyderabad, Oct. 8 The Andhra Pradesh Government has decided to extend certain subsidies and concessions to scheduled caste entrepreneurs beyond those offered under the Industrial Investment Promotion Policy. While the Andhra Pradesh ... More

INCOME TAX
I-T returns date extended in Bihar
The Central Board of Direct Taxes (CBDT) has extended the last date of filing of income tax returns due by October 31 to December 31 this year in the State of Bihar. An official release said that the decision has been taken in view of the ... More

EXPORTS & IMPORTS
Service tax refund for exporters
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TOURISM
Strong Re, overpricing likely to hurt inbound tourism
Travel cos may shift to rupee tariff More