The Hindu Business Line : Thursday, October 18, 2007

EMPLOYMENT
Entrepreneurship training for youth
Madurai, Oct. 17 The Maditssia Business Information Centre (BIC) is organising an ‘Entrepreneurship Training Programme for the Unemployed Youth’ on October 27. The programme offers details about potential opportunities available in ... More

CONSUMER ELECTRONICS
‘People looking for health-enabling, hassle-free gadgets’
Rakesh Sharma, Senior Director, Philips India, talks to BrandLine. More

ECONOMY
‘HNIs in India on the rise’
Mumbai, Oct. 17 Merrill Lynch and Capgemini, a provider of consulting, technology and outsourcing services, have come out with the second Asia-Pacific Wealth Report which looks at the changes in the high net worth marketplace in the region. ... More

Rupee down by 20 paise
Mumbai, Oct 17 The rupee which has been on a gaining spree, weakened by 20 paise against the dollar, on the back of SEBI’s proposal to contain capital inflows, through participatory notes. On Wednesday, the home currency saw ... More

‘Skilled workers from India, China leaving US shores’
Visa delays, opportunities at home causing reverse brain-drain: Report More

INFRASTRUCTURE
PNB signs pact with IIFCL
More

PETROLEUM
Indian crude basket crosses $80 mark
The Indian crude basket on Tuesday crossed the $80-a-barrel mark, the highest for the current financial year due to the volatility in the international crude prices. The basket stood at $81.06 a barrel up from previous high of $78.88 a barrel ... More

STEEL
Inter-ministerial meeting on steel postponed
New Delhi, Oct. 17 The meeting of the Inter Ministerial Group (IMG), set up to suggest measures to monitor and coordinate issues concerning major steel investments in the country, has been postponed once again.“The IMG was ... More

TAXATION
Tax collection in AP shows mixed trend
Hyderabad, Oct. 17 First half this fiscal was witness to a mixed performance by various departments in the State with some like the Mining Department managing to step up tax collections marginally, while others unable to achieve projected ... More

TEXTILES
‘Technical textiles market set to grow’
Mumbai, Oct 17 The Indian technical textiles market is expected to reach Rs 36,000 crore ($9 billion) by 2007-08, said Mr E.V.K.S. Elangovan, State Minister for Textiles, at ‘The Link With India’ conference of non-woven textiles ... More

Travancore Rayons revival stalled
Kochi, Oct. 17 The revival of the sick Travancore Rayons Ltd (TRL) at nearby Perumbavoor appears to have been stalled following some allegations raised by certain sections of the media that the company was being sold out at a throw away price ... More

SSI
Meet on bar coding
More

WATER
Pollution board fiat to KWA
Thiruvananthapuram, Oct 17 The Kerala State Pollution Control Board has directed the Kerala Water Authority (KWA) not to give permission for further sewage connections to existing sewage service systems in Thiruvananthapuram and Kochi. The ... More

FOODS & FOOD PROCESSING
‘Food processing sector to grow’
Food Processing Industry (FPI) is estimated to grow at 9-12 per cent in the near future, according to a FICCI KPMG paper. Fruits and Vegetables processing, which is currently around two per cent of total production is likely to increase to 10 per ... More

REAL ESTATE & CONSTRUCTION
DLF did not define carpet area: MRTPC
New Delhi, Oct 17 The Monopolies and Restrictive Trade Practices Commission (MRTPC) has held that the real estate company DLF Universal Ltd indulged in an unfair trade practice by not disclosing to a complainant the basis of carpet area ... More

Small airport project plans may boost realty prices in Bengal
Kolkata, Oct. 17 The West Bengal Government’s plan to develop small airports across the State is likely to have a positive impact on real estate prices in places where they have been proposed. Industry players and analysts feel ... More

Maharashtra to hold realty expo from Oct 25
Mumbai, Oct. 17 Over 2,000 properties will be showcased at the Maharashtra Chamber of Housing Industry’s (MCHI) 11th Real Estate & Housing Finance exhibition to be held at Bandra Kurla Complex, MMRDA Grounds, from October 25 to 28. ... More

METALS
Rupee volatility: Metal cos take to Indian exchanges for hedging
Trend reflected in rise of open interest in commodity bourses More

INDUSTRY ASSOCIATIONS

New IACC office-bearers

MINERALS
Iron ore traffic in major ports up 9%
Chennai, Oct. 17 Iron ore traffic through the country’s major ports increased by nearly 9 per cent, despite rupee appreciation and the Rs 300-a-tonne export tax on the commodity.India exported 39.40 million tonnes (mt) of the ore ... More

FOREIGN DIRECT INVESTMENT
Unctad optimistic about India’s FDI
India & China rank among the top 5 attractive investment locations More

SOCIAL WELFARE
Centre sanctions special education, book grant for 13 closed tea garden workers
‘Special grant will also cover eight closed tea gardens of Kerala’ More

HUMAN RESOURCES
Gujarat offers 3 ITIs to L&T for skill upgrade
Engineering construction major L&T is planning to take over at least 10 industrial training institutes (ITIs) under its fold to mould training offered for the trainees in these institutes to make them suitable for manufacturing ... More

REGULATORY BODIES & RULINGS
Sensex tumbles, triggers trading halt, recovers 1400
FIIs net sellers at over Rs 2,000 crore More

SEBI move on PN may cast a shadow on investor sentiment: FIIs
A section of the foreign institutional investors believes that the SEBI move to restrict investments through participatory notes (PN) could cast a shadow on the investor sentiments, even as they felt that flows from long-term investors will ... More

‘It’s aimed at moderating copious inflows’
Govt not in favour of banning Participatory Notes More