The Hindu Business Line : Saturday, December 01, 2007

No tariff hike by AP power distribution companies
The four major power distribution companies of Andhra Pradesh have not proposed any tariff hike for any consumer categories for the fiscal 2008-09.This is in tune with the trend in the last four years. The distribution companies have ... More

Clearance for placing 11th Plan draft before NDC
New Delhi, Nov. 30 The Cabinet on Friday gave its approval to place the draft document of the Eleventh Five-Year Plan (2007-12) before the National Development Council (NDC). The NDC meeting is likely to take place in December. The ... More

EXCISE AND CUSTOMS
Nod for consolidating CBEC’s IT infrastructure
New Delhi, Nov. 30 The Cabinet Committee on Economic Affairs (CCEA) has approved revised proposal from the Central Board of Excise and Customs (CBEC) for consolidating its information technology (IT) infrastructure.Briefing newspersons ... More

FOREIGN TRADE
Cabinet okays tariff sops under India-Singapore economic pact
New Delhi, Nov. 30 The Union Cabinet on Friday approved tariff elimination/reduction on 555 products through a protocol of amendment of India-Singapore Comprehensive Economic Cooperation Agreement (CECA). Official sources told More

India, EU reiterate commitment to deepen bilateral cooperation
‘Successful outcome of Doha negotiations remains foremost priority’ More

‘Indo-Pak trade may take temporary hit’
New Delhi, Nov 30 In the backdrop of the current political turmoil in Pakistan, Indo-Pak trade may record a temporary 20 per cent decline in fiscal 2007-08. This is expected to stagnate the trade to $2.1 billion against the projected ... More

HEALTH
Message in a lunch box
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INFRASTRUCTURE
Infrastructure tag for lending to oil pipelines
Mumbai, Nov. 30 Lending to projects involving laying down or maintenance of gas, crude oil or petroleum pipelines will now be included under infrastructure lending of banks and financial institutions.In a notification released today, ... More

TEXTILES
Tirupur exporters seek Centre’s help
To compensate hedging cost or dual exchange rate More

CITI wants refund of State level duties on man-made fibre
New Delhi, Nov. 30 The Confederation of Indian Textile Industry (CITI) said on Friday that the reduction of customs duty on man-made fibre and the additional subvention for packing credit will help the industry, but only in a limited ... More

COAL
Tata Steel inks pact with Riversdale
For 35% stake in Mozambique coal mining project More

5 PSUs join hands to float Coal Ventures International
SPV to have 3-tier structure, Rs 10,000-cr capital base More

RADIO/TV
Cable TV industry yet to unbundle channel bouquets
New Delhi, Nov. 30 The Telecom Regulatory Authority of India’s tariff order to the cable television industry to unbundle its bouquets and offer channels under ceiling prices fixed by the former, may not be implemented from its December ... More

EDUCATION
24x7guru partners Tata Sky for interactive learning service
Platform for children to participate in real-time quizzing More

Educomp enters formal school education biz
New Delhi, Nov 30 Educomp Solutions, an e-learning service provider, has forayed into formal school management with the launch of ‘The millennium school’. The integrated learning delivery system is targeted to enhance the current ... More

School for rural kids set up in Dabhon
Pune, Nov 30 Cognizant Foundation, and Swantantrya Veer Sawarkar Educational Trust, a Pune-based NGO, has set up a residential learning centre for rural children. The Centre for Cultivation of Talent, is located at Dabhon village near Dahanu, ... More

AIR-CONDITIONERS & REFRIGERATORS
Bangalore to host Acrex India 2008 in February
Ahmedabad, Nov 30 The Indian Society of Heating, Refrigerating and Air-Conditioning Engineers (ISHRAE) today said its biennial Acrex India 2008, will be held at Bangalore in February to focus on an industry whose turnover is expected to be ... More

REAL ESTATE & CONSTRUCTION
Tax implications of development agreements
Construction of flats under a development agreement is now the order of the day in urban areas. Generally, the land owner grants a power of attorney to the developer authorising him to sell an undivided interest in the land to the prospective ... More

VSNL, MTNL stocks ride on land bank
After cancellation of Urban Land Ceiling Act More

SCIENCE & TECHNOLOGY
IRIS in Pune from Dec 6
Organised by the Department of Science and Technology (DST),Confederation of Indian Industry (CII), and Intel, IRIS (Initiative for Research & Innovation in Science), will be held in Pune from December 6 to 8 in Pune. A statement said the ... More

New Director for VSSC
More

FOREIGN DIRECT INVESTMENT
CCEA defers decision on FDI policy review
New Delhi, Nov 30 The Cabinet Committee on Economic Affairs has deferred a decision on the proposed Foreign Direct Investment policy review that entails increasing foreign investment caps in segments such as public sector oil refineries, ... More

EVENTS
India Economic Summit to commence on Sunday
New Delhi, Nov 30 The Confederation of Indian Industry on Friday announced the opening of the India Economic Summit on Sunday. The summit will explore the many facets of India’s economic, social and political transformation with ... More

EXPORTS & IMPORTS
Commerce Ministry unhappy with export relief package
New Delhi, Nov. 30 The third tranche of relief measures provided to exporters suffering under appreciation of the rupee would not help overcome the serious erosion of competitiveness incurred by exporters and also the job losses the export ... More

Alappat ties up with Perth Mint to import gold bars
Alappat, one of the leading jewellery retailers, has tied up with globally rated Australian bullion refiner belonging to Perth Mint to import standard gold bars in bulk. Mr Babu Alappat, Chairman and Managing Director of the Group, said ... More

PEOPLE
Venkat Jasti is Pharmexcil chief
Mr Venkat Jasti, Chief Executive Officer of Hyderabad-based Suven Life Sciences Ltd, has been elected Chairman of Pharmaceutical Export Promotion Council for the period 2007-2009. Mr Smitesh C. Shah, Managing Director, Calyx Chemicals and ... More

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