Business Daily from THE HINDU group of publications
Saturday, June 07, 2008
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Markets (June 6)
BSE Sensex15572.18 (-197.54)
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US Dollar42.68 (-0.22)


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STATES

TAMIL NADU
GAIL, TIDCO sign co-operation pact
To set up joint working group to assess gas demand, support infrastructure More

‘Micro, small units can adopt mutual credit guarantee model’
More

Finnish major Metso forms venture in India to outsource design services
The $ 9-billion Metso group of Finland, whose major businesses are equipment supplies for paper and pulp, minerals and automation, has formed a joint venture with Chennai-based EPT Engineering Services. The joint venture company, Metso ... More

Apollo intends to foray into pharmaceuticals
Enters into pact with Ericsson for providing telemedicine More

Sterlite bags award
Sterlite Industries (India) Ltd (SIIL) , a subsidiary of the London listed FTSE 100 diversified metals and mining company, Vedanta Resources Plc, has secured the Golden Peacock Environment Award - 2008 from World Environment Foundation, selected ... More

ANDHRA PRADESH
MIC Elec secures land in Fab City
MIC Electronics Ltd has informed the BSE that it has been allotted 50 acres of land on lease basis in the Fab City project located about 22 km from Hyderabad, near the new international airport. This land will be utilised to set up a ... More

Public hearing on Anrak aluminium project today
The Andhra Pradesh Pollution Control Board is going ahead with its plan to hold a public hearing on the proposed aluminium refinery and smelter projects by Anrak group at Rachapalli village in the Makavaripalem mandal of Visakhapatnam district ... More

CII to open office in Vizag
The Confederation of Indian Industry is setting up an office here and planning to launch a steel cluster, according to Mr Utpal Sen Gupta, Chairman, CII, AP. At a press meet here on Friday, he said Vizag was one of the tier-two cities the CII was ... More

Work on Krishna delta modernisation inaugurated
Vijayawada, June 6 The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has said that the Pulichintala balancing reservoir on the Krishna will be completed in a year. The reservoir is intended to stabilise water supply to the Krishna ... More

Fighting HIV: AP to emulate S. Africa model
Hyderabad, June 6 Andhra Pradesh, which is home to a large number of HIV/AIDS patients, has decided to take a cue from South Africa in tackling the problem, which is spreading fast in the State.The State is planning to emulate the model ... More

Cut in VAT on petrol, diesel ‘difficult’: AP Minister
The Andhra Pradesh Finance Minister, Mr K. Rosaiah, today said that it would be difficult for the State Government to slash value added tax (VAT) on petrol and diesel to bring down the burden of price hike announced by the ... More

  • Corporation Bank Field GM

    KERALA
    Titan new watch for women
    More

    KARNATAKA
    Bangalore jeweller to launch Tolkowsky diamond range
    6 collections designed on global lines on offer initially More

    Iron ore offtake may drop 10-15% due to China’s import curbs
    Bangalore, June 6 The Federation of Indian Mineral Industries (FIMI) envisages a slowdown in China’s import of iron ore, partly due to constraints from domestic factors like increase in rail freight rate and restriction by ports in ... More

    Areca import c.i.f. value fixed at Rs 35/kg
    Mangalore, June 6 The Directorate General of Foreign Trade (DGFT) has issued a notification permitting import of the betel nut (commonly known as arecanut) with c.i.f. (cost, insurance and freight) value at Rs 35 a kg and above.This ... More

    KCCI plea to Govt
    The Kanara Chamber of Commerce and Industry (KCCI) has urged the Karnataka Government to reduce sales tax on petroleum products and to cancel entry tax on them. In a letter to the Chief Minister, Mr B.S. Yeddyurappa, the copies of which were ... More

    Spencer’s focus on large formats
    Large format stores will drive the growth of Spencer’s Retail during this financial year. Spencer’s Retail, the Rs 800-crore retail arm of RPG Enterprises, with a retail footprint of 400 stores in the country (27 of which are ... More

    MAHARASHTRA
    Essar Oil may go cautious on Vadinar unit expansion
    Mumbai, June 6 Essar Oil may turn cautious in its implementation of the $6 billion expansion that it has proposed to take up at its 10.5 million tonne oil refinery in Vadinar in the wake of the Finance Ministry striking out refinery units ... More

    Standing tall
    More

    WEST BENGAL
    Salim group holds talks with Buddhadeb
    Kolkata, June 6 The owner of the Salim Group of Indonesia, Mr Anthony Salim, today met the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, and provided the latter with an update on the progress of various projects that have been taken ... More

    IT sector exempted from Trinamool’s bandh in Bengal
    Kolkata, June 6 With Ms Mamata Banerjee-led Trinamool Congress exempting the IT sector from the 12-hour “Bangla bandh” on Friday, operations were more or less normal at Sector V of Salt Lake, the hub of IT and ITES activity in ... More






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