STATES
TAMIL NADU
‘Credit expansion via banks vital’
Madurai, Oct. 8 The Union Finance Minister, Mr P. Chidambaram, inaugurated the 603rd branch of the State Bank of India in the the Chennai Circle at Eriyur in Sivagangai district, near here. “Credit expansion through banks is necessary ...
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‘Entry of foreign banks not a threat’
Madurai, Oct. 8 Public sector banks (PSBs) are not afraid of the entry of foreign banks into the country. “They are not a threat and could pose no problem,” according to Mr T.S. Narayanasami, Chairman and Managing Director, ...
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‘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 ...
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‘SE Asian nations keen on investments from TN’
Offer support in terms of subsidies, incentives
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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 ...
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BL CLUB
‘Intuition, interest hold key to success in supply chain management’
Madurai, Oct. 8 Operations and supply chain management are important in the widening of markets, more so, under globalisation, according to Mr K. Bala Ganesan, Deputy General Manager, Reliance Industries Ltd (Retail Business). ...
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Service tax refund for exporters
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ANDHRA PRADESH
Hyderabad set for Military World Games
Hyderabad, Oct. 8 The State Capital will host the fourth Military World Games from October 14.The eight-day sports extravaganza is being conducted by the International Military Sports Council (CISM). Over 5,100 athletes from 100 ...
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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 ...
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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 ...
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PRMIA seminar
Hyderabad, Oct. 8 The Hyderabad Chapter of the Professional Risk Managers’ International Association (PRMIA) will organise its second professional seminar at the State Bank Staff College tomorrow.Dr David Millar, Chief Operating ...
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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 ...
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Sunset scene
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Regulator for civic bodies mooted
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Interest cut on NRE deposits
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KERALA
LIC Ernakulam divn retains top position
Kochi, Oct. 8 LIC’s Ernakulam Division has retained the No. 1 spot in new business among the 105 divisions in the country as on September 30. The division has garnered Rs 408.91 crore in single premium collections with a growth rate of ...
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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 ...
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Farm credit in Kerala crosses 18 per cent
Rs 5,256 crore disbursed to priority sector
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In twilight zone
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KARNATAKA
Systems meet highlights India’s design capabilities
Key role in next-gen tech in embedded space
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OTHER STATES
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 ...
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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 ...
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Tricolour in the sky
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MAHARASHTRA
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 ...
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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 ...
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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 ...
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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 ...
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Pune logs into IT revolution
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Where culture, investment & entertainment go hand in hand
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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 ...
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Khadi plazas competing with retail malls
From glitzy khadi plazas to electronic charkhas, the Khadi & Village Industries Commission (KVIC) is all set to roll out a slew of schemes to ensure the natural fabric gains a deeper market penetration, both in India and abroad.The ...
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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 ...
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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 ...
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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 ...
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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 ...
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Radico to set up distillery at Aurangabad
Pune, Oct 8 Spirits company Radico Khaitan Ltd is setting up a distillery in Aurangabad, Maharashtra through a tripartite joint venture with NV Distillers and Riddhi Siddhi Pvt Ltd. Radico owns 36 per cent stake in the new venture while ...
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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 ...
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GUJARAT
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
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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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
Hybrid maize may trigger `Yellow Revolution' in Gujarat
After cotton, it is the turn of white maize. Gujarat, which witnessed the "White Revolution" with a rise in milk production four decades ago, is now on the threshold of a "Yellow Revolution". With the harvest scheduled later this month of the ...
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