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Saturday, April 12, 2008
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Markets (April 11)
BSE Sensex15807.64 (+112.54)
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INDUSTRY & ECONOMY

EMPLOYMENT
IIPM placements hit a high of over 2,000 jobs
Bangalore, April 11 The Indian Institute of Planning and Management (IIPM) set a record for itself in campus recruitment with more than 2,000 jobs for its students during the ongoing placement season for the class of 2006-08. The total number ... More

LINGUISTICS
Electronic editions of Fluency dictionaries out
Kochi, April 11 Adult Faculties Council (Kochi) has brought out the electronic edition of eight important English Fluency dictionaries authored by Prof Kev Nair, an English language expert. These titles are: The Dictionary of Active ... More

ECONOMY
Nasscom upbeat on IT growth story
US slowdown impact may last 4-6 months; confident of meeting 2010 export target More

FERTILISERS
Single super phosphate price fixed at Rs 3,400 a tonne
More

FOREIGN TRADE
Export oriented units get extension of I-T benefit
Duty entitlement passbook scheme to continue for another year More

India, Brazil to cooperate in agriculture, allied sectors
India and Brazil will sign an agreement to cooperate in various areas of agriculture and allied sectors, including research and development, production technologies and equipment, financing and micro-credit system for small farmers. The MoU ... More

Germany invites Indian MNCs
More

Nod for pact with Mexico, Chile
More

HEALTH
Invicta betting big on artificial knees
Chennai, April 11 “The way man walks,” notes Mr Sathish Kumar, President and CEO of Invicta Meditek Ltd, “is not going to change for the next ten million years.” If Mr Kumar is right, his company is sitting on a huge ... More

INFRASTRUCTURE
SmartCity board shortlists master planners’ list
Meet reviews developments; decides on future course of action More

IIFCL opens subsidiary in London
New Delhi, April 11 India Infrastructure Finance Company Ltd (IIFCL) on Friday announced the setting up of its offshore subsidiary at London. The subsidiary office at London was inaugurated by the Union Finance Minister, Mr P. ... More

EXIM POLICY
Govt bans cement exports to stem price rise
Move to address inflationary concerns More

No plans of giving up on rebating State-level taxes, says Kamal Nath
New Delhi, April 11 The extension of the Duty Entitlement Pass Book (DEPB) scheme up to May 2009 notwithstanding, the Commerce Ministry has not given up on the plans for formulating a scheme that would also rebate State-level taxes, the ... More

Proactive support from Govt key to achieving export target: DGFT
More

‘India must export what the world wants’
Role of sops in driving exports is exaggerated, says Jairam Ramesh More

`Ministry keen on cost reduction to trade, not seeking sops'
The Commerce Ministry is not seeking sops for exporters but only insisting on reduction of cost to trade and industry that operate in a high-cost economy with a multitude of problems - from high power cost to inadequate infrastructure facilities ... More

CIGARETTES
Hike in excise duty on non-filter cigarettes opposed
Bangalore, April 11 Farmers from Karnataka have demanded a rollback of the ‘astronomical’ increase in excise duty on non-filter cigarettes announced in the Budget. Representatives of the Federation of Cigarette Tobacco ... More

EDUCATION
B-school students urged to focus on research, teaching
Kochi, April 11 Dr Gangan Prathap, Vice-Chancellor, Cochin University of Science and Technology, inaugurated the Business School Students Mentoring Cell at the Kerala Management Association. Speaking on the occasion, he said that ... More

Veta plans to expand corporate training vertical
Chennai, April 11 Veta is planning to expand its corporate training vertical this fiscal, said Mr K.V. Rajan, the company’s Executive Director. “These days, we find an increasing number of employers seeking the need for workplace ... More

Campus salaries in IT cos surge 17%: Survey
Bangalore, April 11 Campus salaries in IT companies have jumped 17.6 per cent in the last two years across domains with 71 per cent of the students receiving salary between Rs 3 lakh and Rs 5 lakh. This year, the average annual IT ... More

INDUSTRY ASSOCIATIONS
Chandrajit Banerjee to be DG CII
More

‘Govt should not allow edible oil prices to drop further’
Uncertainties could deplete stocks: Solvent extractors More

BIO-TECH & GENETICS
AP says no to rise in Bt cotton seed prices
Hyderabad, April 11 The hopes of cottonseed companies to increase the prices of Bt-i and Bt-ii seeds have been dashed with the Andhra Pradesh Government refusing permission.The seed manufacturers have been appealing to the State ... More

INDUSTRIAL POLICY
Thorny issues in the Industrial Park Scheme, 2008
In a bid to provide the much-needed boost to the manufacturing sector, which has been showing signs of deceleration, the Government announced the long-awaited Industrial Park Scheme, 2008. But the welcome initiative may prove to be a myth, fear ... More

EXPORTS & IMPORTS
Foreign commission agents: EEPC wants service tax refund limit raised to 12.5%
Ministry urged to follow standing RBI guidelines More

TOURISM
International magic festival in Thiruvananthapuram
Thiruvananthapuram, April 11 The city-based Magic Academy in association with Kerala Tourism will organise an international magic festival in Thiruvananthapuram in May. Called ‘Vismayam 2008’, the event will be held at ... More

ECONOMIC OFFENCES
BOOK PROFIT
Countering tax evasion the Kautilya way
Every action has an equal and opposite reaction. So too, every levy of tax meets with ingenious ways to avoid paying the tax, says K. R. Sampath in Tax Avoidance under Direct Tax Laws (www.cliofindia.com). Our Income-Tax Act does not define ... More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
Glochem into formulations, looking for PE funds

Spectrum: Vigilance panel seeks clarifications from DoT

TVS Logistics raises Rs 100-cr PE investment from Goldman Sachs’

‘India must export what the world wants’

Forex reserves rise by $2.724 b

Fed: Sending the wrong signals?

Single super phosphate price fixed at Rs 3,400 a tonne

Thorny issues in the Industrial Park Scheme, 2008

Bangalore airport launch delay costs BIAL Rs 40 cr

Looking back
Mar. 30-Apr. 5
IIMA nearly trebles fee to Rs 11.50 lakh

Cabinet committee on prices to meet on Monday

Bonds weak as traders await policy cues to rein in inflation

Steelmakers, miners clash resurfaces

Exports will touch $200 b by 2009: CII

No word yet on commodity transaction tax

Maharashtra continues to lure auto majors

External debt up $ 10.3 b in third quarter

Companies making a beeline for solar energy plants

NCDEX to launch futures for carbon credits

Testing the limits of market economy

Montek lauds anti-inflation measures as ‘bold’

Forging industry faults domestic steel companies for pushing up prices

Broadcasting sector divided over foreign investment norms review

Direct rough diamonds import from Africa likely

AES-Riverstone venture may target solar projects in India

Steel producers not inclined to cut prices on rising input costs

IT spend by small, medium cos set to rise 22%: Study

Steel cos may see higher sales realisation in Q4

‘Incredible India is a credible economy’

Mango output seen hit by rains; exports may drop


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