The Hindu Business Line : Tuesday, January 08, 2008

LINGUISTICS
Natural language for precise search engines
Use of natural language interface will make search engines more precise in retrieving information, according to Dr Aravind Joshi, a US-based researcher in natural language processing technologies, computers and cognitive ... More

BUDGET
Pre-Budget process
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CEMENT
TN cement cos to resolve price issue this week
Chennai, Jan. 7 Private sector cement manufacturers have told the Tamil Nadu Government that they would discuss the issues relating to cement prices and come up with a solution later this week.According to an official press release, Mr ... More

COURTS/LEGAL ISSUES
New role
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ECONOMY
PM concerned over rising crude prices
Govt looking at all possible options More

Gujarat to work for 11.2% growth: Modi
Gandhinagar, Jan. 7 Unveiling his newly-formed BJP government’s agenda for the next five years, the Gujarat Chief Minister, Mr Narendra Modi today said his Government would strive to achieve the growth target of 11.2 per cent fixed by ... More

FOREIGN TRADE
India developing Myanmar port
Chennai, Jan. 7 The Union Government has decided to develop the Sittwe port for Myanmar. In return for its $120 million (Rs 480 crore) expenditure on the project — which will be a gift to Myanmar — India would get rights to use the ... More

Tatas to benefit from removal of ban on Bangladesh FDI
Chennai, Jan. 7 The $3-billion investment proposal of the Tata group in the power, steel and fertiliser sectors in Bangladesh is closer to reality because of India’s decision to lift the ban on Bangladeshi investment into ... More

INFRASTRUCTURE
Real estate sector seeks special residential zones
New Delhi, Jan. 7 The real estate industry on Monday sought introduction of special residential zones (on the lines of Special Economic Zones), to ensure affordable housing in the country.“We need SRZs across India with these ... More

VUDA auctions fetch Rs 334 cr
More

PSU
Govt clarifies on public sector MFs
New Delhi, Jan. 7 The Government has clarified that a mutual fund should have more than 50 per cent holding by State-owned financial institutions or banks (individually or collectively) and also has to be regulated by the Securities and ... More

PETROLEUM
EGoM meeting on Jan 17 to decide on fuel prices
Deora asks Maharashtra Govt to reduce sales tax More

L&T bags Rs 1,300-cr Cairn-ONGC order
For construction of civil works More

TEXTILES
AP moots centres of excellence in textiles, services
Also aims to achieve 1-million job target by 2009 More

COAL
Bengal to take over discarded coal mines
The State Government has proposed to take over 27 coal mines that have been abandoned by Eastern Coalfields Ltd (ECL) and operate them on a public-private partnership (PPP) basis. Speaking to newspersons at Writers’ Buildings ... More

RADIO/TV
Space shrinking for new DTH players
Aspirants urged to find own Ku-band resources, explore other options More

FOREIGN DIRECT INVESTMENT
FDI inflow hits $15.7 b in 2006-07
New Delhi, Jan. 7 Fuelled by policy changes and simplification of procedures, the Foreign Direct Investment (FDI) inflow has registered a five-fold rise to touch $15.7 billion in 2006-07 compared with $2.2 billion in 2003-04. Accordingly, a ... More

Cigarette stocks up on FDI buzz
Cigarette stocks were up Monday on market expectations that the Government may soon review policy on FDI in cigarettes.The Sensex component ITC, which even after diversification continues to be predominantly a tobacco play, moved up 5.5 ... More

REGULATORY BODIES & RULINGS
US open to setting up FDA branch office in India
Indo-US joint working groups to address quality issues More

EVENTS
Global meet on management accounting in Delhi
New Delhi, Jan 7 The Institute of Cost and Works Accountants of India (ICWAI) is bringing under a common platform seven management accounting bodies from different parts of the world for a ‘Global Summit on Management Accounting’ ... More

INCOME TAX
Investors in Nabard rural bonds can get tax benefits
New Delhi, Jan. 7 The Finance Ministry has allowed Nabard to issue rural bonds worth Rs 5,000 crore with some tax benefits for certain categories of investors. An individual and a Hindu Undivided Family (HUF) investing in such bonds ... More