The Hindu Business Line : Saturday, December 15, 2007

EMPLOYMENT
Unemployment: Specific policy intervention planned
Mumbai, Dec. 13 The Union Government will resort to specific policy intervention for districts with chronic unemployment and industrial underdevelopment, said Dr Ashwani Kumar, Minister of State in the Union Ministry of Commerce & ... More

NON-CONVENTIONAL ENERGY
Praj Ind signs pact with Icrisat
Hyderabad, Dec. 14 Praj Industries, the Pune-based bio-fuel technology company, has joined an ICRISAT-backed consortium that seeks to promote ethanol production using sweet sorghum.The company signed a memorandum of understanding with ... More

AUTOMOBILES
Autoindia plans online promotion campaign
Thiruvananthapuram, Dec. 14 Automobile portal Autoindia.com is planning a series of online promotions to create more awareness about the services it offers. The details of the campaign are being worked out, said Mr V. Chandramouli, CEO, ... More

CEMENT
Cement industry to add 13 mt new capacity in this fiscal
Capacity utilisation reaches all-time high of 95% More

COURTS/LEGAL ISSUES
Judge sets store by mediation
Mumbai, Dec 14 Mediation as a means of effective out of court settlement of conflicts found acceptance in the conference chaired by Mr Justice D. Y. Chandrachud, Bombay High Court, at K C College. Book ... More

ECONOMY
India is not risky, says RBI Governor
Making assessments strictly ‘by the books’ has limitations More

‘India’s GDP will hit $2-trillion mark in 5 years’
Mumbai, Dec. 14 In a recent study conducted by Motilal Oswal Financial Services, it predicts the Indian economy to hit the $2 trillion GDP mark in the next five years. The study states that, given the high base, the GDP that will be ... More

FERTILISERS
‘Ensure sulphur supply for fertiliser factories’
Kochi, Dec. 14 Given the continuous rise in the prices of imported sulphur and the consequent crisis in the fertiliser industry, the Centre’s intervention has been sought to ensure availability of this raw material to enable fertiliser ... More

INFRASTRUCTURE
Boom in infrastructure projects seen
Chennai, Dec. 14 In the next five-seven years, the construction industry will have infrastructure projects worth around $500 billion in India. However, the sector will be plagued with shortage of men, material, machinery, management ... More

IIFCL to get $500-m ADB loan
New Delhi, Dec. 14 Asian Development Bank (ADB) would provide India with up to $500 million in loans designed to promote public-private partnerships (PPP) between the Government and the private sector in order to ramp up investments in ... More

PETROLEUM
Ceyhan refinery: Turkish authority grants licence to IOC
Co expects to finalise consortium in 2-3 months More

PHARMACEUTICALS
BSE-Healthcare outperforms other sectoral indices
Mumbai, Dec. 14 With the BSE-Healthcare index at its 52-week high on Friday, the worst seems to be over for pharma stocks. Amongst all the sectoral indices, BSE-Healthcare was the highest gainer on Friday, as it went up by 2.52 per cent, while ... More

POWER
Govt aims to save 10,000 MW power through conservation in XI Plan
New Delhi, Dec. 14 The Centre is targeting a saving of 10,000 MW through conservation of power during the Eleventh Plan period with the implementation of energy efficient technologies, which would translate into an avoided investment in ... More

TAXATION
India, Hong Kong plan double tax avoidance pact
New Delhi, Dec 14 India and Hong Kong have agreed to work towards a double taxation avoidance agreement (DTAA). Plans are also afoot to start negotiations next week on the Air Services agreement so as to increase the number of direct flights ... More

We need to mature in tax law admin
Tax laws in many countries tend to be complex, but with India beginning to occupy an increasingly important place on the world stage, the benchmark for comparison has to be changed, says Mr Ketan DalalMore

VAT training programme
A pilot training programme for Value Added Tax (VAT) practitioners began here on Wednesday. Around 150 VAT practitioners from Tiruchi, Thanjavur, Pudukottai, Nagapattinam, Tiruvarur, Karur and Ariyalur districts are taking part in the programme ... More

SSI
Tiruchi small industries body plans data bank
Tiruchi, Dec. 14 The Tiruchi District Tiny and Small Scale Industries Association (TIDITSSIA) has planned to set up an information centre for assisting prospective entrepreneurs.The centre, to be established with the support of the ... More

COAL
Coal India hikes prices by 10%
Move likely to improve bottomline More

CIL may consider joint ventures for distribution
For supplying imported low-ash thermal coal More

RADIO/TV
ESPN invites tenders for ICC broadcast rights till 2011
New Delhi, Dec. 14 ESPN Star Sports, the broadcast rights holder to ICC’s events till 2015, has invited tenders from global broadcasters for cricket events from 2008-2011. The broadcaster will telecast the tournaments in India, ... More

EDUCATION
IGNOU offers courses to train manpower for food processing sector
Developed in collaboration with Ministry of Food Processing Industries More

Hospitality training institute
Thiruvananthapuram, Dec. 14 UEI Global, a hospitality education venture of the New York-based Berggruen Holdings, has opened a training institute in Thiruvananthapuram. The institute in Thiruvananthapuram is the company’s third ... More

MEDICAL INSTITUTIONS & HOSPITALS
Artemis hopes to combine research with health delivery
New Delhi, Dec. 14 Artemis Health Sciences, which has just completed phase one of its flagship hospital in Gurgaon, is working to make the 250-bed facility a leading healthcare research hub.According to Mr Onkar S. Kanwar, Chairman, PTL ... More

REAL ESTATE & CONSTRUCTION
Parsvanth project in Sonepat
More

INDUSTRY ASSOCIATIONS
CII-AP, Satyam partner for reliability engg training
More

IMC to organise NGO meet
As part of its centenary year celebrations, the Indian Merchants’ Chamber (IMC) will organise a conference on the theme ‘Managing NGOs Better — Challenges of Social Sector’ on December 18 here. The objective of this ... More

SCIENCE & TECHNOLOGY
Clear policy on investments, development of sensors favoured
More

Agni-4 moves into design stage
Hyderabad, Dec. 14 Buoyed by the recent successes of Agni-3 and ballistic missile defence shield trials, Indian defence scientists have set their eyes on long range missile Agni-4, whose range would be beyond 3,500 km. “We are ... More

FOREIGN DIRECT INVESTMENT
Assotech in talks with Canadian firm for raising $40 m
New Delhi, Dec. 14 Real estate company Assotech, which is developing the tallest building in National Capital Region, said it is in talks for raising foreign direct investment (FDI) up to $40 million (Rs 160 crore) from Canadian firm ... More

REGULATORY BODIES & RULINGS
Auction for mobile TV spectrum to be proposed
TRAI’s recommendations to beef up competition in broadcasting sector More

ENTREPRENEURSHIP
‘Focus on high performance entrepreneurship’
Manipal, Dec. 14 The international research meet on ‘Entrepreneurship in India and China’ at Manipal in Udupi district began with a call to focus on the need for ‘high performance entrepreneurship’ for the growth of the ... More

TOURISM
Getting set
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