The Hindu Business Line : Wednesday, March 12, 2008

EMPLOYMENT
Bureaucrats, agro-managers too get a share of the placement pie
Ahmedabad, March 11 It is not only the students of the post-graduate programme (PGP)-general who would be counting their millions, even the bureaucrats and agro-managers attending other courses at the IIM-A have emerged smiling after what the ... More

AUTOMOBILES
AutoIndia.com unveils ‘SmartCheck’
Automobile portal AutoIndia.com has launched ‘SmartCheck’, a feature that enables the portal’s users to check a vehicle’s history. The feature is now available on the Web site More

COURTS/LEGAL ISSUES
‘GO declaring Friday holiday for fair price shops in Nilgiris legal’
Chennai, March 11 Opening of fair price shops on Sundays in Nilgiris district of Tamil Nadu could not be objected to since card-holders there were plantation workers and for them Sunday was the only holiday available, the Madras High Court has ... More

ECONOMY
Indian crude basket crosses $100 mark
New Delhi, March 11 With continued volatility in the global crude prices, the Indian crude basket crossed $100 mark on Monday. The Indian basket closed at $100.17 a barrel, 29 cents up from Friday.The international crude prices ... More

Sikkim introduces resolution on frequent closure of NH 31A
Gangtok, March 11 Fed up with the frequent closure of the National Highway 31A, and its subsequent economic impact in the State, the State Government has introduced a resolution in the Assembly to ensure that this vital artery stays open all ... More

ENVIRONMENT
British Council to focus on mitigating effects of climate change
Mitigating the effects of climate change in an urban environment will be the focus area of the project ‘Low Carbon Futures’ of the British Council, according to Mr Chris Gibson, Director (South India), British Council. ... More

INFRASTRUCTURE
Elevated expressway project gets boost as TN agrees to share cost
Chennai, March 11 The Rs 1,468-crore Elevated Expressway project on the banks of River Coovum from Chennai port to Maduravoyal got a major boost with the Tami Nadu Government agreeing to share 50 per cent of the costs of land acquisition and ... More

PETROLEUM
Essar may not pitch for stake in Prize Petroleum
New Delhi, March 11 Essar Oil may not pitch for acquiring stake in Prize Petroleum, a joint venture between Hindustan Petroleum Corporation and financial institutions. Essar Oil was among the companies which had undertaken due diligence ... More

ONGC to seek further extension for Bengal offshore drilling
There seems to be a curse on ONGC’s drilling campaign in Bengal offshore. Having secured a six-month extension from the Ministry of Petroleum and Natural gas in September 2007, the company tied up three rigs (including one ... More

POWER
NTPC, Bharat Forge scaling up equipment manufacturing ties
‘Strategic partner may be roped in later’ More

TAXATION
Net direct tax collections up
The Centre’s direct tax collections have recorded 41.70 per cent increase till February this fiscal to touch Rs 2,32,676 crore, the Minister of State for Finance, Mr S.S. Palanimanickam, told the Rajya Sabha in a written reply. The recent ... More

EDUCATION
Highest salary offer Rs 1.44 cr at IIM-A
Ahmedabad, March 11Dispelling anxieties and rumours about reduced hiring due to the sub-prime crisis and the global economic slowdown, most students of post-graduate programme-general (PGP) at the Indian Institute of Management-Ahmedabad ... More

Idea prepaid offers exam tips
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AUTOMOBILE COMPONENTS
Indian auto component team in China to study cost competitiveness
Beijing, March 11 China, the bicycle kingdom of yore, has firmly given way to the reign of the car, having overtaken Japan to become the second largest vehicle market in the world last year. It is this substantial market that a 24-member ... More

REAL ESTATE & CONSTRUCTION
Mega land deal: BPTP bags 95 acres in Noida for Rs 5,006 cr
To develop business district; payment to be made over 8 years More

INDUSTRY ASSOCIATIONS
FICCI plans social audit; to identify 5-6 Govt schemes for plugging leakages
New Delhi, March 11 In response to the Finance Minister, Mr P. Chidambaram’s suggestion on industry chambers’ possible role in monitoring Government funded schemes, the Federation of Indian Chambers of Commerce and Industry (FICCI) ... More

BIO-TECH & GENETICS
2-day symposium on bio-nanotechnology in Hyderabad from tomorrow
Hyderabad, March 11 A large contingent of researchers from the Purdue University, US will be participating in a two-day national symposium on “Bionanotechnology and Pharmaceuticals” starting here on March 13. The symposium ... More

RURAL DEVELOPMENT
IFMR Trust fund identifies areas of investment
New Delhi, March 11 IFMR Trust hopes to complete the first round of funding for its $150-million Network Enterprises Fund by June. The quantum of first round of funding would be about $50 million, according to Mr S.G. Anil Kumar, Senior ... More

HUMAN RESOURCES
Indian employers among most optimistic on hiring: Survey
New Delhi, March 11 The Indian job market is expected to be vibrant and employers are positive about hiring in the April-June quarter compared with the corresponding period a year ago, but see it declining from the first three months of 2008, ... More

INDUSTRIAL POLICY
Rs 16,800-cr industrial corridor to come up near Nizampatnam
Hyderabad, March 11 An integrated industrial corridor with an industrial complex, port facility, power plant and associated infrastructural facilities will be developed on the 26-kilometre stretch between Nizampatnam in Guntur district and ... More

EVENTS
Aloysius B-school meet
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EXPORTS & IMPORTS
New schemes to help exporters under study
New Delhi, March 11 The Government is considering providing relief to exporters in certain sectors which have been affected by the appreciation of the rupee. “We are in the process of formulating the Foreign Trade Policy, which is ... More

Cashew exports may rise on Vietnam woes
Kochi, March 11 Sharp fall in production of raw cashew nuts coupled with high production cost in Vietnam, due to higher inflation rate, might result in increased demand coming to India. The Indian exports so far have shown a marginal ... More