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Saturday, March 15, 2008
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Markets (March 14)
BSE Sensex15760.52 (+403.17)
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INDUSTRY & ECONOMY

POLLUTION
Closure notice to 22 Gujarat cos for violating pollution norms
Effluent discharge quantities exceed acceptable limits More

NON-CONVENTIONAL ENERGY
Winding charm
More

BUDGET
A raw deal for India Inc?
More

ECONOMY
Mid-size IT cos stay insulated from sub-prime heat for now
More exposure to Europe and West Asia, focus on niche segments help More

Chidambaram stresses on self-sufficiency
‘Key to insulate ourselves from high global commodity prices’ More

Kerala projects to bolster farm, employment, education sectors
More

FOREIGN TRADE
Technology, agriculture high on India-Africa meet agenda
New Delhi, March 14 Announcing the largest-ever India-Africa conclave, the CII said it expected 131 projects worth over $10 billion are likely to be discussed. Highlighting Africa’s potential as an investment destination, the ... More

Indo-Belgian trade may shift in India’s favour
Chennai, March 13 The balance of trade between India and Belgium may tilt in favour of India soon, the Ambassador of Belgium in New Delhi, Mr Jean M. Debountte, has said. Addressing the media during a meeting organised in the Southern ... More

HEALTH
Pistachio, the next ‘healthy’ nut
US firm Paramount funding research on the nut’s role in weight loss More

INFRASTRUCTURE
New Hyderabad airport commercial operations delayed
Airlines seek more time for shifting; new date to be announced soon More

Raheja engg SEZ to involve Rs 4,535-cr investment
New Delhi, March 14 Real estate company Raheja Developers on Friday said its proposed engineering SEZ in Gurgaon — which recently got notified — would involve an investment of about Rs 4,535 crore. This would be funded through a ... More

PETROCHEMICALS
Bengal plea to roll back import duty on naphtha
Kolkata. March 14 The West Bengal Government has requested the Centre to roll back the five per cent import duty on naphtha. The State Government feels that the decision would substantially erode the profitability of its showcase ... More

PETROLEUM
Indian crude basket continues to be over $100
New Delhi, March 14 The Indian crude basket continued to soar over the psychological mark of $100 a barrel for the fourth consecutive day on Thursday. The basket on Thursday closed at $103.05 a barrel, up from $101.97 a barrel the previous ... More

POWER
TCS shifts weekly holidays in Chennai
Following request from Tamil Nadu Electricity Board More

Sluggish power generation sector slows electrical equipment cos’ growth
Capital goods: ‘No dip in diesel engine demand’ More

New ultra mega projects likely in Orissa, Gujarat
New Delhi, March 14 The Centre has said that three new Ultra-Mega Power Projects, each having an installed capacity of 4,000 MW and entailing investments of over Rs 16,000 crore, could be set up in Orissa. This is in addition to nine UMPPs ... More

STEEL
‘Steel output may touch 300 million tonnes by 2020’
Land, iron-ore mines, logistics, technology will be challenges More

TEXTILES
Textile meet inaugurated in Bangalore
The textile revolution must spread to all parts of the State beyond Bangalore, said Mr Ashokkumar C. Manoli, Commissioner for Textile Development and Director of Handlooms and Textiles, Government of Karnataka. The Karnataka Government ... More

SSI
Indian SMEs bullish about GDP growth: Study
Chennai, March 14 Indian small and medium enterprises (SMEs) are among the most optimistic in Asia with 58 per cent of them expecting local economic growth to accelerate in the next six months, says the recent HSBC Asia-Pacific Small Business ... More

WATER
Awareness on water conservation
More

EDUCATION
DQE plans animation academy in Kolkata
Hyderabad, March 14 Gaming and animation company DQ Entertainment is set to commission a development centre in Kolkata next month along with an animation academy, to impart training in animation. The Chairman and Chief Executive Officer of DQ ... More

MEDICAL INSTITUTIONS & HOSPITALS
A healthy prescription
More

REAL ESTATE & CONSTRUCTION
Realty meet in Goa
Bangalore, March 14 Great Indian Real Estate March (GIREM), a Real Estate & Urban Planning Leadership Summit, will be held on May 14-16 in Goa, offering a global platform for the people who want to have equity in planning and developing ... More

FOREIGN DIRECT INVESTMENT
Essar, Japan’s Teikoku among 18 FDI proposals okayed
New Delhi, March 14 The Government on Friday approved 18 foreign direct investment (FDI) proposals worth Rs 1,553.26 crore including that of Essar Group, Japan’s Teikoku Piston Ring and French insurer Societe Beaujjon. The Foreign ... More

RURAL DEVELOPMENT
IIT alumni to present strategy papers on HR, rural development
PanIIT, a network of globally dispersed IIT alumni, plan to present strategy papers to the Planning Commission, some ministries such as Commerce, Human Resources, IT&C, rural development that could pave way for collaborative ... More

HUMAN RESOURCES
‘Average tenure of Indian contact centre agents lowest in region’
New Delhi, March 14 Employee tenure continues to remain a critical issue for BPO companies, with the average tenure for Indian contact centre agents estimated to be the lowest in Asian region (at nine months), says a latest report.The ... More

EVENTS
Coming out
More

Pratyaksha opens tomorrow
The students of the Executive Management Programme at the Jamnalal Bajaj Institute of Management Studies are organising the annual college event ‘Pratyaksha’ on Sunday. The highlight of the event is ‘Walk-in Entrepreneur’, ... More

EXPORTS & IMPORTS
Tea Board pins hopes on Iraq, Pak, Russia for exports
Coonoor, March 14 Even as the export target is yet to be fixed, the Tea Board is anticipating a substantial increase in shipments this calendar.“We would work out the export target by the time the new fiscal starts, but ... More

TOURISM
TN developing tourism spots
Nagapattinam, March 14 About 4.89 crore domestic and 17.50 lakh foreign tourists visited various tourist spots in Tamil Nadu last year, said the Commissioner of Tourism and Managing Director of Tamil Nadu Tourism Development Corporation, Mr M. ... More






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People's car

P-Note blues

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

Other Top Stories
Indian crude basket continues to be over $100

2008-09 reinsurance terms seen to favour insurers here

Titagarh Wagons plans to buy sick unit Cimmco for Rs 35 cr

Raja confident of resolving spectrum crisis soon

Forex reserves rise $2.2 b

Essar, Japan’s Teikoku among 18 FDI proposals okayed

Looking back
Mar. 2-Mar. 8
Auto industry sees positive impact

‘Duty on naphtha will hit Haldia Petro bottomline’

‘Cost of SIDBI’s refinance will come down’

Budget 2008: Lagging behind M&A appetite

Steel manufacturers to meet Paswan

Drugmakers let down on absence of research incentives

‘Removal of double tax on dividends boost to infrastructure sector’

Turnover tax likely to push up commodity trading costs

Parsvnath to develop 40 more hotels at Rs 2,500 cr

Why coal needed a regulator

Oil cos begin selling bonds

SAARC: India prunes negative list to 500 items

GM open to sub-1 litre engine for India

Reliance, ONGC may get ‘rig holiday’

Steel Ministry not to intervene on pricing issue, says Paswan

Electronic warfare system for Army nearing completion

Real estate prices in Hyderabad cooling off

Steelmakers asked to adopt stable pricing methods

Steel producers hike spot prices

GDP expected to be 8-8.5%, says CII snap poll

DoT pulls up RCom for missing rural targets

IIM-A: 35% rise in average salary offers for agri-biz students

Export orders turn guar counter bullish

RIL concerned about Oil Ministry’s draft guidelines

Petrochem sector may face slowdown in investment

The slow road to progress

Argentum to expand capacity to produce 4 lakh small cars

Private fund managers for pensions ruled out

‘Best time for investing in stocks’

Ministry seeks extension of low interest to exporters

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