The Hindu Business Line : Saturday, May 10, 2008

NON-CONVENTIONAL ENERGY
Nandan Biometrix moots eco industrial zone
Giving a big push to bio-fuel sector, the city-based Nandan Biomatrix has joined hands with IL&FS, Shapoorji Pallonji and Alphakat GmbH of Germany to set up bio investment eco industrial zone (BIEZ) in various States.Each of these ... More

ECONOMY
Crude prices jump 100% in one year; output may drop
Demand side looks robust despite slowdown fears More

Inflation-sensitive
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The ageing of gen next
Fast-forwarded and played-back data from the 2001 Census for Chennai show that in the present decade, the percentage of 18-28 year olds holding graduate degrees or technical diplomas (the ratio between the two being about 10 and 1), was 14 ... More

HEALTH
TN okays emergency management services
Coimbatore, May 9 The Tamil Nadu Government has approved the establishment of Emergency Management Services (EMS) in the State and for its implementation, a memorandum of understanding will be signed with Emergency Management Research ... More

PETROLEUM
ONGC maintains offshore cover at $29 m
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High crude prices put pressure on oil companies
Govt may have to revisit strategies to avoid adverse impact More

PHARMACEUTICALS
‘Include Ukraine, Russia, Brazil in focus market scheme’
Hyderabad, May 9 The Pharmaceuticals Export Promotion Council has asked the Director General of Foreign Trade (DGFT), which works under the Union Ministry of Commerce and Industry, to include countries such as Ukraine, Russia, Brazil and ... More

POWER
Essar Power gets nod for foreign equity infusion
New Delhi, May 9 Essar Power Ltd’s proposal to infuse up to Rs 8,000 crore as foreign equity in the company for undertaking various “downstream projects”, including coal mining for captive consumption, has been cleared by the ... More

STEEL
Pricing by persuasion
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TEXTILES
Textile exports to US may grow 10% as demand picks up
India’s total textile exports to the US is estimated to grow by 10 per cent as of March 2008, said Ms Shashi Singh, Joint Textile Commissioner, Government of India.“After the slowdown in exports due to rupee appreciation ... More

TYRES
Tyre makers seek waiver of rubber cess
Kochi, May 9 With 25 per cent rise in the prices of natural rubber in the last six months, the Automotive Tyre Manufacturers Association (ATMA) has urged the Union Ministry of Commerce and Industry for waiver or reduction of rubber cess to ... More

RADIO/TV
24-hour home shopping channel launched
Hyderabad, May 9 HomeShop18, promoted by the Network18 Group, has launched the country’s first 24-hour home shopping channel in the city. Though the channel was first launched on April 9 in about 250 tier-II and -III locations across ... More

EDUCATION
U21Global to offer derivative, custom learning courses
Hyderabad, May 9 Online management education provider U21Global is set to expand its derivatives education and customised executive learning programmes. It is in dialogue with several Indian and global varsities to compliment their ... More

SCIENCE & TECHNOLOGY
Ocean information services centre expanding operations
From helping fishermen with better yields to tsunami warning More

FOREIGN DIRECT INVESTMENT
FIPB likely to advise I-Sec to exercise ‘automatic route’
ICICI Bank board had decided to offload 15% More

EXPORTS & IMPORTS
Import of arecanut from Myanmar allowed
Mangalore, May 9 The Directorate General of Foreign Trade (DGFT) has issued a notification allowing import of betel nuts (commonly known as arecanut) from Myanmar. Sources in the arecanut sector said that this may affect the prospects of ... More