The Hindu Business Line : Saturday, April 26, 2008

CEMENT
Profit margins squeezed, cement cos raise concerns
Mumbai, Apr 25 The battle lines between cement companies and the Government seem to have been drawn. Cement majors ACC and Ambuja Cement on Friday accused the Government of helping cement companies in Pakistan by allowing duty free imports ... More

AP Govt rules out cartelisation by cement cos, but favours probe
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ECONOMY
‘Be patient, inflation will moderate over a period’
New Delhi, April 25 Even as high inflation continued to be a bugbear for the common man as well as for the ruling UPA-coalition, the Finance Minister, Mr P. Chidambaram, on Friday expressed confidence that inflation would moderate over a ... More

PSU
Govt may review PSU funds investment norms
Parking surplus in stock markets More

PETROLEUM
Indian Oil setting up auto LPG stations in Tiruchi division
Tiruchi, April 25 The Indian Oil Corporation will set up auto LPG stations at 10 places in the Tiruchi division, including Tiruchi, Thanjavur, Ulundurpet, Neyveli, Puducherry and Chidambaram, shortly. The work on setting up the auto LPG ... More

PHARMACEUTICALS
Drug Controller to check patents before giving approvals
Protecting innovations through strong intellectual rights regime More

STEEL
SAIL to hold prices at pre-raw material surcharge levels
New Delhi, April 25 Steel Authority of India will hold prices at the present levels without levying the raw material surcharge of Rs 5,000 to Rs 6,000 a tonne imposed by other primary steel producers.This will make SAIL products ... More

Clarification
With reference to the news report “RINL hikes steel price by Rs 6,000/a tonne” published in the edition dated April 16, RINL has denied that it has put up its prices. ... More

TAXATION
Govt rules out advance pricing pacts for now
New Delhi, April 25 The Government has ruled out the introduction of Advance Pricing Agreements (APA) for now. Over the last several years, the industry has been making a case for introduction of APAs to avoid transfer of pricing ... More

Maharashtra tops in VAT collection, AP comes second as southern States fare well
Hyderabad, April 25 Maharashtra continues to top the list of States in VAT (value added tax) collections in 2007-08 with Rs 30,945 crore as against Rs 27,118 crore, showing a growth of 14.11 per cent.Andhra Pradesh with Rs 20,106 crore ... More

EDUCATION
B.Sc. course in catering
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REAL ESTATE & CONSTRUCTION
Coimbatore builders seek Govt help to curb prices
Continuous rise in price of steel, cement More

Dewa group enters Kerala with Rs 3,000-cr luxury housing project
Kochi, April 25 Dewa group, a real estate and infrastructure company, is set to change the real estate space in Kerala by setting up the country’s first apartment complex with a 10-year warranty. The group, promoted by ... More

Housing project at Miyapur
The Sunway group of Malaysia, which formed a joint venture company with the Hyderabad-based Opus last year, announced Rs 1,680-crore housing project at Miyapur here. To be taken up in two phases, the Sunway Opus Grand would have 2,600 ... More

IPR
Taking stock of threats to intellectual property
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HUMAN RESOURCES
Deep-sea divers raking in the moolah
Mumbai, April 25 They are mostly under-graduates or just graduates, but command a salary as high as $15,000 a month. They are much sought after by companies such as ONGC and Reliance. Only, their work place is not in plush ... More

REGULATORY BODIES & RULINGS
Real estate MFs must get assets valued every 90 days
SEBI notifies amended regulations after consulting ICAI More

EVENTS
‘Biotech needs a good intellectual property system’
Bangalore, April 25 The innovation-driven biotechnology industry urgently needs a good IP (intellectual property) support system, according to speakers at a session on IP at the Bangalore Bio 2008.The industry needs capacity building in ... More

ENTREPRENEURSHIP
Entrepreneurship programme
A three-day programme is being organised at the Vasavi Club on May 6-8by Centre for Entrepreneurship Development (CED), which is part of the Association of Lady Entrepreneurs of Andhra Pradesh. The objective is to provide information and ... More

EXPORTS & IMPORTS
Export credit interest ceiling validity extended
New Delhi, April 25 The Reserve Bank of India (RBI) has extended the validity of the existing dispensation on interest rate ceiling on rupee export credit to October 31, 2008.Under the existing regime, the ceiling on interest rates on ... More

Tea exports may increase 20 million kg this fiscal
Major buyers looking to India on global shortfall More

VENTURE CAPITAL
Angel investors betting big on Indian start-ups
New Delhi, April 25 Amid a slowdown in global venture capital investments, Indian start-up firms are emerging as clear favourites for seed capital among global angel investors. During the first quarter of 2008, US-based venture ... More

ALTERNATIVE MEDICINES
Sreedhareeyam medicine unit
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