The Hindu Business Line : Saturday, December 08, 2007

CLIMATE & WEATHER
IIT Kanpur working on fog vision project for Rlys
New Delhi, Dec. 7 To help train drivers run trains at normal speeds in foggy weather, the Indian Institute of Technology(IIT) Kanpur, is working on a research project with the Research Design and Standards Organisation (RDSO) and other ... More

4 vessels shifted at Chennai port due to bad weather
Chennai, Dec. 7 Four container vessels were shifted to outer anchorage at the Chennai port following heavy ‘ranging’ due to bad weather. However, operations were normal with Maersk Douala, a large container ship.From ... More

NON-CONVENTIONAL ENERGY
Govt urged not to fund bio-fuel programmes
It’s a threat to country’s food security, say activists More

Suzlon Energy arm starts trading on London SE
Suzlon Energy Ltd’s subsidiary Hansen Transmission NV of Belgium, has commenced conditional dealings on the London Stock Exchange under the ticker symbol HSN. On Friday, the script was traded at 218 pence (1922 hrs IST) a hike of 24 per ... More

SOCIAL SECURITY
Govt may allow non-govt PFs to invest up to 10% in stocks
Decision on new instruments likely next week More

Gratuity could not be denied even if money was owed to employer: HC
Chennai, Dec. 7 Gratuity due to employees on their superannuation could not be deprived just because they owed money to employer under various circumstances, the Madurai Bench of Madras High Court has ruled. Gratuity could be denied only under ... More

ECONOMY
CAG critical of Govt’s use of financial resources
Calls for reforms in budgetary operations More

HEALTH
Lending a hand
More

INFRASTRUCTURE
Uttar Pradesh seeks nod for 10 SEZs
New Delhi, Dec. 7 The Uttar Pradesh Government’s Empowered Committee on Special Economic Zones has forwarded ten proposals to the Central Government for approvals.Out of the 10 proposals, which were cleared by Empowered Committee, ... More

Banks can invest in unrated bonds of infrastructure cos
Mumbai, Dec. 7 In a bid to encourage investment in infrastructure, the Reserve Bank of India has permitted banks to invest in unrated bonds of companies engaged in infrastructure activities within the ceiling of 10 per cent for unlisted ... More

Alok Ind gets nod for textile SEZ
Mumbai, Dec. 7 Alok Industries Ltd has been granted approval for 183-acre textile SEZ at Surgani in Silvassa.Alok Infrastructure Pvt Ltd, a wholly owned subsidiary of the company, will develop, operate and maintain the SEZ.The ... More

POWER
Rlys generates 2 m units of electricity by braking
New Delhi, Dec. 7 Indian Railways generated about 2 million units of electricity during October this year by braking the new generation electric locomotives that generate electric power when brakes are applied. On an annual basis, the ... More

IEA engages China, India in energy interaction
Mumbai, Dec. 7 After focussing on China and India in its World Energy Outlook 2007 released last month, the Paris-based International Energy Agency (IEA) has taken forward its decision to engage two of worlds largest emerging economies by ... More

Tribunal upholds tariff charged by Damodar Valley
Opens up opportunities for upward revision in future More

STEEL
Steel outlook bright amid cloud of slowdown
Chinese, Indian consumption recording double digit growth More

Rising raw material costs may force steel producers to hike prices again
More

TAXATION
Bill on common body for advance ruling of taxes
New Delhi, Dec. 7 A Bill to establish a common Authority for Advance Rulings (AAR) for central taxes was introduced in the Lok Sabha by the Finance Minister, Mr P. Chidambaram, here on Friday. Currently, there are two Authorities for Advance ... More

SSI
Credit guarantee trust for SMEs gets $5-m support
To start a pilot risk-sharing fund; talks on with World Bank More

EDUCATION
UEI Global setting up hotel management institute
Plans expansion backed by $12-m funding More

TN Govt keen on skills development, employability
Committee formed to review school syllabus More

SA artisans to get training in construction trades
The Hyderabad-based National Academy of Construction (NAC) will be training 100 South African artisans in various construction trades.The South African team would be offered a three-month training in trades such as welding, plumbing and ... More

CARS
Car makers poised to hike prices
Luring customers at the year-end to liquidate stocks More

PAPER, BOARD & NEWSPRINT
China, Finland taking part in Paperex Expo
New Delhi, Dec. 7 China, Finland and Italy are among the 380 exhibitors from the 25 countries participating in the Paperex Expo 2007, a biennial show that began here today. Inaugurated by the Minister of State for Human Resource ... More

DISINVESTMENT
Mixed fortunes for PSUs privatised in 2000
Only 3 of the nine have shown significant improvement More

RURAL DEVELOPMENT
Nabard aid for Kerala rural projects
Thiruvananthapuram, Dec. 7 The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 12.39 crore from its Rural Infrastructure Development Fund XIII (RIDF – XIII) to the Kerala Government.The assistance is ... More

HUMAN RESOURCES
‘Mismatch’ in education and industry needs
Madurai, Dec. 7 The educational system is not able to quickly relate the change in industry and there is a mismatch resulting in a huge skill shortage in the country, observed Mr Rajeev Ranjan, Tamil Nadu Industries Commissioner and Director ... More