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Thursday, April 17, 2008
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Markets (April 16)
BSE Sensex16244.19 (+90.53)
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US Dollar39.99


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INDUSTRY & ECONOMY

EMPLOYMENT
Great Lakes placement
The placement season for the fourth batch of the Great Lakes Institute of Management saw a 40 per cent jump in the number of recruiters, with 27 companies making a debut at the campus this year. Average salary went up to Rs 9.7 lakh from Rs 9.3 ... More

ECONOMY
Indian crude basket touches new high of $106.39
New Delhi, April 16 The Indian crude basket jumped by $1.76 a barrel from Monday and touched a fresh high of $106.39 a barrel on Tuesday. The crude basket has averaged at $101.69 a barrel so far this month up (April 15) from the previous full ... More

Moderate growth in tourism, food processing in Kerala
CII survey covers five sectors in State More

HEALTH
Meditek knee replacement system
More

PETROLEUM
Tax issues: Deora meets Chidambaram
New Delhi, April 16 To seek early resolution of taxation uncertainties arising due the certain Budget 2008-09 proposals, the Petroleum Minister, Mr Murli Deora, has met the Finance Minister, Mr P. Chidambaram, on Tuesday. The Ministry ... More

Indian oil cos ink pacts for 5 blocks in Yemen
New Delhi, April 16 Indian oil companies have signed agreements for five hydrocarbon exploration blocks in Yemen on April 13. According to an official statement, the agreements signed would be sent for ratification to the Yemen Parliament and ... More

PHARMACEUTICALS
Taiwanese pharma mission coming
More

POWER
Mega power projects: No curbs on number of bids
‘Additional bids attract Rs 150 cr performance bonds’ More

STEEL
Govt warns of stern steps to break cement, steel cartels
1 mt edible oil to be imported for supply through ration shops at subsidy More

Panel may suggest ‘revenue neutral’ duty rejig to tame steel prices
New Delhi, April 16 A four-member Ministerial committee to look into the issue of rising steel prices is set to suggest a package of “revenue neutral measures” aimed at taming domestic steel prices. Briefing reporters after the ... More

TAXATION
States finalise contours of CST compensation package
New Delhi, April 16 State Finance Ministers on Wednesday finalised the contours of the compensation package that they would demand from the Centre for the reduction in central sales tax (CST) ceiling rate from 3 per cent to 2 per ... More

TEXTILES
Textile forum seeks Govt’s help to tide over power crisis
Voices concern over rising cotton, yarn prices More

RADIO/TV
TRAI supports reduction in licence fee on DTH
Direct-to-home operators form association More

CARS
Toyota may import small car engines from Asean countries
New Delhi, April 16 Toyota Motor Corporation’s small car to be produced in India is likely to get ignited from engines imported from Asean countries such as Indonesia or Thailand. The company seeks to gain from the free trade ... More

MEDICAL INSTITUTIONS & HOSPITALS
Yashoda Hospitals unveils new CT scan technology
Hyderabad, April 16 The Hyderabad-based Yashoda Hospitals on Wednesday inaugurated the first dual-source computer tomography (CT) system in India with heart PVB (perfusion blood volume) and other advanced dual energy ... More

REAL ESTATE & CONSTRUCTION
Carve out composite policy for land issues, says Bengal industry
Availability of land for industrial purposes More

‘Institutionalise independent valuation of agricultural land’
Kolkata, April 16 The Planning Commission is pushing the State to institutionalise independent valuation of agricultural land to be acquired for industrialisation. This suggestion follows from the national policy on rehabilitation and ... More

MINERALS
TIMCO may start Rs 650-cr iron ore mining project next year
Awaiting eco clearances from Ministry More

EVENTS
StanChart infuses $250 m more into India unit
Plans 20 micro-finance facilities by December More

‘It is attitude that determines one’s success’
Chennai, April 16 The cover story in a recent edition of The Week titled Hot Jobs 2008 says that India will create over 10.25 lakh new jobs and there is opportunity for every graduate passing out from college to join one of ... More

JCI to host World Congress
More

Trade union meet in Kochi
Kochi, April 16 The Centre of Indian Trade Unions (CITU) and its friendly organisations are holding the eighth congress of Southern Initiative on Globalisation and Trade Union Rights (SIGTUR) here from April 19 to 23. Besides the Indian ... More

Call for massive investment in human development
Young Indians (Yi) Kochi Chapter, an integral part of CII consisting of young Indian entrepreneurs, owner managers and professionals, has organised a discussion on the topic ‘One Billion People in India: Boon or Bane?’ Mr ... More

EXPORTS & IMPORTS
Vegetable oils import up 28% in March
Rise despite higher global prices 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
Kesoram Cements expanding capacity

Insurers in brokerage bring poaching fears

Delayed supply by ITI hits BSNL’s mobile expansion

Typhoon in S. China Sea, heat builds over north India

Panel may suggest ‘revenue neutral’ duty rejig to tame steel prices

TRAI supports reduction in licence fee on DTH

GSM operators opt out of Blackberry talks

Looking back
Apr. 6-Apr. 12
Allow non-edible sesame oil shipments, urge exporters

Export-oriented foundry units facing closure

Gold may consolidate

Commodity trading turnover drops

Yields continue to advance northward on inflation woes

Tax treatment for limited liability entities yet to be decided

‘Celebrity endorsement ads on TV up 49% during 2007’

Govt planning pharma warehouse in Russia

1-year limit may be set for duty refund claims

Forward auction may save Coal India Rs 500-700 cr

IMFA Group setting up power plant at Orissa facility

Domestic manufacturing norm for Chinese cos likely

IIM-A admission process may be delayed

Thorny issues in the Industrial Park Scheme, 2008

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

‘India must export what the world wants’


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