The Hindu Business Line : Thursday, November 15, 2007

ENGINEERING
Potential for higher growth seen
Bangalore, Nov 14 The earth moving and construction equipment (ECE) industry has the potential to expand five-fold from the revenues of $2.3 billion last year to $12-13 billion by 2015, which is equivalent to China’s current level of ... More

EXCISE AND CUSTOMS
Excise revenue rises 14% in Oct
New Delhi, Nov. 14 The Centre’s excise duty collections grew 14 per cent on a year-on-year basis in October 2007 at Rs 10,293 crore, from Rs 9,066 crore during the same month the previous year. Customs duty collections remained buoyant ... More

FERTILISERS
Nutrient-based fertiliser subsidy will entail additional Rs 1,200-cr outgo: Paswan
New Delhi, Nov 14 The Union Minister for Chemicals and Fertilisers, Mr Ram Vilas Paswan, on Wednesday said the proposed nutrient-based subsidy regime on fertilisers would result in an additional outgo of Rs 1,200 crore, but it will benefit ... More

POWER
Sundaram BNP Paribas launches energy sector fund
Mumbai, Nov. 14 Sundaram BNP Paribas Mutual, an asset management company, has launched Sundaram BNP Paribas Select Thematic Funds Energy Opportunities, which is a three-year close-ended equity fund with an automatic conversion into an ... More

STEEL
Small-cap steel stocks turn attractive
Infrastructure boom fuels rally More

TAXATION
Cipla gets another Govt notice on overcharging
Second in a month; total amount crosses Rs 1,000 cr More

WATER
Doubts over implementation of Kuttanad development plan
Kochi, Nov. 14 Given the slow pace of progress in implementing projects such as the Pampa Action Plan (PAP) under the National River Conservation Programme and the Vembanadu Wetland Project under National Lake Conservation Programme, there are ... More

Kerala for joint inspection of Mullaperiyar dam with TN
Thiruvananthapuram, Nov. 14 The Kerala Cabinet has decided to seek a joint inspection by Kerala and Tamil Nadu officials into the condition of the Mullaperiyar dam and also approach the Centre to take immediate steps to amicably settle the ... More

COAL
CESC coal block in Jharkhand
Mumbai: CESC today said the Union Coal Ministry has allocated a coal block in Jharkhand to the company. The company informed the BSE that it has signed a MoU with the Jharkhand Government. ... More

RADIO/TV
Disney repositioning its three channels
New Delhi, Nov. 14 Disney, the flagship channel of Walt Disney Television Network, is growing up. The nearly three-year-old channel is “edging up” its proposition, says Mr Antoine Villeneuve, Senior Vice-President, and ... More

MEDICAL INSTITUTIONS & HOSPITALS
Exciting times for Indian healthcare, says Kamal Nath
New Delhi, Nov. 14 These are exciting times for the healthcare industry, with large windows of opportunities opening up, said Mr Kamal Nath, Union Minister, Commerce and Industry. The Minister, addressing a Health Summit in the ... More

Columbia Asia ties up with DLF Home
Bangalore, Nov. 14 Columbia Asia Hospitals Pvt Ltd has announced that it has tied up with DLF Home Developers Ltd to develop hospitals.DLFH will construct Columbia Asia-designed hospitals on land within DLFH townships and lease it to ... More

REAL ESTATE & CONSTRUCTION
Fewer floating shares in realty
As majority of shares are held by promoters/FIIs More

ALUMINIUM
Aluminium industry set for huge investments
Hyderabad, Nov. 14 The aluminium industry is poised for a big leap as over Rs 1 lakh crore investments are likely to be made in the next five years, according to the Aluminium Association of India.A major chunk of this investment would ... More

SCIENCE & TECHNOLOGY
India, Russia sign pact on Chandrayaan-2
Bangalore, Nov. 14 ISRO announced its second lunar mission, a landing-cum-orbiting plan, to be undertaken jointly with Russia around 2011-12. The unmanned Chandrayaan-2 will be coming up closely on the heels of Chandrayaan-1, which is ... More

FOREIGN DIRECT INVESTMENT
FIPB asks SingTel for details of Indian partner
Proposed long-distance telephony venture More

RURAL DEVELOPMENT
Tata Steel to take part in Jharkand fest
Mumbai, Nov 14 Tata Steel will participate in Udyog Mela in Jharkhand, beginning on November 15. The date marks the birth anniversary of the legendary Birsa Munda. The colourful stall of Tata Steel this year is based on the ... More

HUMAN RESOURCES
Manpower issue a ‘challenge’ to construction equipment sector
CII offers help in skill development efforts More

REGULATORY BODIES & RULINGS
Let CDMA operators unlock handsets: COAI
New Delhi, Nov. 14 War of words between GSM and CDMA operators over the introduction of number portability continued on Wednesday with the Cellular Operators Association of India (COAI) urging the Government that CDMA operators should be asked ... More

EVENTS
President lays stress on small food processing units
Generating employment in rural areas More