The Hindu Business Line : Thursday, March 20, 2008

RESEARCH & DEVELOPMENT
Laboratories of life
Branding innovations or business models as ‘corporate’ or ‘non-commercial’ may be a stumbling block to progress. More

BUDGET
Budget slashes tax on aviation fuel to 4%
Concessions not applicable in Mumbai, Pune More

CEMENT
Cement consumption bounces back in February
March is expected to be bullish & prices buoyant, say manufacturers More

ECONOMY
Situation not favouring rate cut: Rangarajan
New Delhi, March 19 Interest rate may not be brought down given the current inflation situation in the economy, according to Dr C Rangarajan, Chairman of the Prime Minister’s Economic Advisory Council.“In the current ... More

FOREIGN TRADE
‘Scope for tie-ups with Africa in farm, food processing’
Kamal Nath sees need to expand, diversify import basket More

INFRASTRUCTURE
Ennore Port iron ore terminal achieves financial closure
Yes Bank-led consortium lends Rs 340 cr to the project More

Infrastructure industries’ growth slumps to 4.2% in Jan
April-January growth dips to 5.5% More

Eight SEZ proposals to be considered today
New Delhi, March 19 The Board of Approval (BoA) for special economic zones is holding its meeting here on Thursday to consider eight fresh cases for approval and conversion of one in-principle approval to formal one and this is by far the ... More

POWER
PowerGrid gets $600 m loan from World Bank
New Delhi, March 19 Transmission major Power Grid Corporation of India Ltd (PGCIL) has bagged a $600 million loan from the World Bank to strengthen its electricity transmission system. Announcing the loan, which is backed by a Government of ... More

Hykon power product
Kochi, March 19 The Kochi-based Hykon Power Electronics (P) Ltd has launched a new version of Unified Power Quality Conditioner (UPQC), a system that enables large-scale establishments such as IT parks and other industrial establishments to ... More

Energy conservation campaign helps save 11.34 MW last year
The energy conservation campaign launched by the Energy Management Centre in Kerala helped save 11.34 megawatts of power last year, the Minister for Electricity, Mr A.K. Balan, said in the State Assembly on Wednesday.Replying to ... More

AP energy demand rises by 15 mu per day
With the ongoing rabi crop season and temperature going up, the State is witness to significantly higher power consumption with the average usage going up by about 15 million units a day.The highest energy demand so far has been about ... More

TAXATION
Robust advance tax payments may allay slowdown fears
New Delhi, March 19 Robust advance tax payments of large industrial and banking companies in the March 15 instalment may allay economic slowdown worries. The advance tax payments by many large corporate houses have increased by over 40 per ... More

Commodity bourses oppose move to impose additional levy
Want Centre to settle transaction tax row More

SSI
‘PE-route good for SMEs to raise capital ’
Hyderabad, March 19 The private equity (PE) route to raise capital in the present uncertain market conditions will be beneficial for the small and medium enterprises (SMEs), according to Mr Avdhoot Deshpande, Senior Vice-President (Investment ... More

EDUCATION
ISB likely to set up 70-acre campus in Mohali
Hyderabad, March 19 Indian School of Business (ISB) is likely to set up its second campus in Mohali and is in talks with the Punjab Government for acquiring land. “We are in the advanced stage of talks with the Punjab Government ... More

Virtusa in pact with Siddhartha Engg College
IT services provider Virtusa Corporation on Wednesday announced that it has signed a memorandum with Siddhartha Engineering College, Vijayawada, to provide certification and multi-skills programme for students. The arrangement envisages ... More

MEDICAL & SURGICAL EQUIPMENTS
Teleradiology Solutions moves into training
Radiology BPO, Teleradiology Solutions, has announced that it has extended into training in teleradiology and a host of advanced skills for radiologists, doctors, IT personnel and several others involved in healthcare.Its teleradiology ... More

REAL ESTATE & CONSTRUCTION
10 lakh houses for middle, lower income groups
Mumbai, March 19 The Maharashtra Government plans to provide 10 lakh houses for the lower and middle-income groups under various schemes in the next two years. About 2.50 lakh houses each will be built under the Indira Awas Yojana, the ... More

JUTE
Industries body seeks jute park in State
More

SCIENCE & TECHNOLOGY
‘Do not miss out on the nanotech revolution’
Chennai, March 19 In less than a decade, the industry for the use of materials developed with nano technology will be trillion-dollar big. Is India paying enough attention to this huge opportunity? No, says Dr A. Sivathanu Pillai, ... More

RURAL DEVELOPMENT
Diamond Cables bags Gujarat order
More

EVENTS
Meet on bank audit
The Institute of Chartered Accountants of India organised a one-day seminar on Bank Audit here on Wednesday. In his inaugural address, the Chairman and CEO of South Indian Bank, Dr V.A. Joseph, emphasised the importance of the role of ... More

ECONOMIC OFFENCES
Kickback is the most prevalent form of fraud
Organisations frequently fail to recognise their vulnerability to fraud and misconduct until they become victims, often at the hands of a trusted employee, a valued business partner, or even a member of the management team. More