The Hindu Business Line : Thursday, March 13, 2008

CLIMATE & WEATHER
Heavy rains lash Tamil Nadu coast
Thiruvananthapuram, March 12 The anticipated wet session let loose by an easterly wave kicked off to a brisk start, with coastal Tamil Nadu and isolated places in Kerala being swamped by heavy to very heavy showers during the 24 hours ending ... More

NON-CONVENTIONAL ENERGY
‘No renewable energy policy in place yet’
Karad, March 12 The Union Government has set a target to generate 80,000 MW from conventional sources over the next four years, and is investing Rs 60,000 crore in that period to generate, distribute and transmit electricity. However, ... More

First integrated renewable energy farm to come up near Pune
Pune, March 12 Gurgaon-based R.S. India Group is setting up the first integrated renewable energy farm in the country at Patan, in Satara district near Pune. The first phase of the Rs 700-crore project, for which 1400 acres has been acquired ... More

SOCIAL SECURITY
Mediclaim renewals: ‘Don’t overcharge senior citizens’
Hyderabad, March 12 The Insurance Regulatory and Development Authority (IRDA) has asked the public sector general insurance companies to ensure that the renewal premiums charged to the senior citizens on mediclaim policies should not be ... More

LINGUISTICS
Multilingual Braille reader launched
Pune-based Automatic Control Equipments has designed a multilingual refreshable Braille reader. Talking to presspersons, Dr M. N. Cooper, Chief Technical Officer and Mr R. R. Joshi, Director, Automatic Control Equipments, said Braille ... More

BUDGET
Rs 10,000 crore for farmers’ debt relief fund
Chidambaram tables final batch of supplementary demand for grants More

CHEMICALS
Chlor-alkali industry urged to adopt modern tech
The long-term growth and survival of chlor-alkali industry in India is dependent on its ability to cope with the challenging objectives of economic and environmental sustainability, according to experts from the industry. Speaking at a ... More

ECONOMY
Capital goods production growth rate slumps
January industrial output index grows 5.3% against 11.6% last year More

Sub-prime credit cards: The new financial steroids
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Finance panel holds talks with eastern region economists, officials
Kolkata, March 12 The Chairman of the 13th Finance Commission, Dr Vijay Kelkar, and Members of the Commission, Dr Indira Rajaraman, and Mr B.K. Chaturvedi, have held detailed discussions with economists/economic administrators from the eastern ... More

Call to record economic history of coastal Karnataka
Mangalore, March 12 There is a need to record the economic history of coastal Karnataka, said Dr N.K. Thingalaya, former Chairman and Managing Director of Syndicate Bank. Delivering the keynote address at a symposium on ... More

ENVIRONMENT
How green is our advertising?
The world over, advertisers are concerned about appearing environment-friendly, and regulators are clamping down hard on advertising that is seen as false propaganda. More

HOTELS
Phoenix Group expanding footprint
Kochi, March 12 Phoenix Group Global, which has a presence in the country’s hospitality and real estate sector through the Radisson White Sands in Goa, the Radisson Plaza Resort and Spa in Kumarakom and two premium villa real estate ... More

PETROLEUM
Pilferage move led to oil slick
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POWER
TN to set up power transmission corporation
Chennai, March 12 The Tamil Nadu Government has decided to create a transmission corporation to link the proposed merchant power projects with the power grid, according to an official press release.The release quoting the Electricity ... More

TAXATION
Chennai Corporation proposes no new taxes
Hopes on higher property tax mop-up More

BREWERIES
Wine consumption poised to grow three-fold: Study
High excise duty on imports an impediment More

CARS
GM to focus on small car segment
Mumbai, March 12 Enthused by the sales of Chevrolet Spark and UVA, General Motors India is planning to come out with more offerings in the small-car segment. “Mini cars are extremely important for us in India. We will definitely ... More

ELECTRICAL GOODS
Indian battery market set to double by 2011, says Exide chief
The domestic battery industry is poised to more than double within four years given the current rate of growth of over 20 per cent per annum, according to Mr S.B. Ganguly, Chairman, Exide Industries Ltd.The growth is coming from not ... More

REAL ESTATE & CONSTRUCTION
True Value Homes plans Rs 700-cr project near Chennai
Construction company True Value Homes has set up a joint venture with CPI India 1 Ltd to implement a Rs 700-crore residential project near Chennai.Mr Nakshatra Roy, Director-Corporate Operations, True Value Homes India Pvt Ltd, said CPI ... More

Seminar on real estate
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INDUSTRY ASSOCIATIONS
Nasscom setting up best practices panels for BPO workers’ safety
Pune, March 12 The National Association of Software and Services Companies (Nasscom) on Wednesday announced the setting up of regional best practices committees to strengthen workplace-related policies and standards with a focus on security ... More

CII-Karnataka office-bearers
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SCIENCE & TECHNOLOGY
Pune students to visit NASA
Pune, March 12 Over 50 students from various city schools here will travel to the NASA Space and Rocket Centre. The trip is being organised by the Pune-based Guardian Education, an offshoot of Guardian Holidays. This 10 night-11 day ... More

FOREIGN DIRECT INVESTMENT
New FDI norms notified for six sectors
No word on construction development projects More

SOCIAL WELFARE
Special school to impart computer skills
Bangalore, March 12 In a gesture that could brighten up the lives of mentally challenged children, a former executive of Air India has opened a special school that will provide simple computer skills to the children studying in a neighbouring ... More

HUMAN RESOURCES
‘Human capital, an important asset’
A sense of belonging and ownership is the hallmark of successful management of human resources in enterprises, according to Mr K.V. Mahesh, Vice-President, Corporate Personnel and HR, TVS Srichakra Ltd, Madurai.The role of human ... More

EXPORTS & IMPORTS
Duty drawback: Export realisations to be monitored
Bank certificate module will come into force from April More

TOURISM
Tourism Malaysia plans to woo 5 lakh Indian tourists
Tourism Malaysia, buoyed by nearly 30 million tourist arrivals during 2007, has concluded a B2B interaction recently with the Indian travel and trade fraternity. The plan is to attract some five lakh tourist arrivals from India alone ... More