The Hindu Business Line : Saturday, June 21, 2008

NRIS
NRI deposits?
A recent AAR ruling will be a big boost for NRIs desiring to make deposits in Indian banks, as complicated provisions of the law stand clarified. More

NON-CONVENTIONAL ENERGY
ICMS-Power plans wind turbine generator plant in TN
Coimbatore, June 20 ICMS-Power, the wind mill technology division of International Consultancy and Management Services (ICMS), is looking at the scope of starting a wind turbine generator manufacturing plant for domestic and industrial ... More

ECONOMY
Inflation shoots up to 11%
At 13-year high More

Markets crash
Sensex down 517 points More

Govt looking at stronger measures
New Delhi, June 20 The Union Finance Minister, Mr P. Chidambaram, on Friday promised to consider “stronger measures” on both the “demand and monetary” side to tame inflation. The rate rose to 11.05 per cent, a ... More

PSBs to wait for RBI signals
HDFC Bank raises prime lending rate by 25 bps More

Double-digit inflation will hit our bottomlines: India Inc
‘Capex plans may also be adversely affected’ More

Inflation bites
More

EXCISE AND CUSTOMS
Central excise officers’ powers for audit personnel
New Delhi, June 20 The Finance Ministry has conferred all the powers of central excise officers on the officers of Directorate-General of Audit in a bid to beef up the audit of multi-locational units. A multi-locational unit broadly ... More

HEALTH
Aid for kids with CHD
Manipal Hospital Bangalore and Rotary International have said they would jointly sponsor heart surgeries of 40 underprivileged children with congenital heart disease (CHD). Sixteen children have benefited from one of the country’s ... More

PETROLEUM
Chidambaram, Deora to discuss rising oil prices at Jeddah meet
New Delhi, June 20 The Finance Minister, Mr P. Chidambaram, and the Petroleum Minister, Mr Murli Deora, will attend the meeting of oil producers and consumers called by Saudi Arabia in Jeddah on June 22 to discuss the rising crude oil prices. ... More

POWER
Gas-based power projects hit by feedstock paucity
‘Plants operating at 53% load factor More

WATER
US envoy highlights need for water treatment, recycling tech
Kolkata, June 20 There is a need for water treatment and water recycling technology in order to produce clean water in India, the US Consul General, Mr Henry V. Jardine, said. India’s limited water resources are depleting rapidly even ... More

BREWERIES
UB's diet whisky is no whisky: European body
If the fight to get the Indian government to lower taxes on imported liquor was long drawn and hard, the new challenge to what the Scotch Whisky Association (SWA) holds dear might turn out to be tougher. This time around, the UB Group Chairman, ... More

RADIO/TV
Radio City sees potential in out-of-home platforms
With mobile phone makers using the ‘FM radio’ as a pull factor to woo buyers, FM radio players have a lot to gain from, says Mr Ashit Kukian, Executive Vice-President and National Sales Head, Radio City. And with more ... More

Deflated
More

EDUCATION
Home science curriculum to be revamped
Hyderabad, June 20 Post-graduate courses in home science will be made more industry-friendly, thanks to an initiative by the Indian Council of Agricultural Research (ICAR).The Broad Subject Matter Area Committee, a panel appointed by ... More

Awareness programme today
A one-day education awareness programme on the scope of education in Singapore is being held in the city at GRT Regency on Saturday. India is among the top five sources of international students to Singapore for education. Yet, lack of awareness ... More

Varsity professor honoured
More

CARS
Chennai port cuts free days for handling car exports
Chennai, June 20 Hyundai will need to work on a tight schedule to export its cars from Chennai port with the number of free days for allowing cars handled by Roll-on Roll-off (RoRo) car carriers reduced to 10 days from 30.“We want ... More

SCIENCE & TECHNOLOGY
2009 to be a busy year for ISRO
Hyderabad, June 20 Flying high on its recent success of placing 10 satellites into space at one stroke, the Indian Space Research Organisation (ISRO), is looking ahead to a busy schedule for the next 18 months. It has six major ... More

MINING & QUARRYING
Meeting demand
More

EVENTS
Innovation Summit
Mr Katta Subramanya Naidu (extreme right), State Minister for IT & BT, Excise and Information, with (from right) Mr Viswanathan, Chairman, CII Karnataka, and MD, John Fowler India; Mr Shekhar Mitra, Global R and D Vice-President, Procter ... More

CII expo to focus on energy sector
Tiruchi, June 20 The Confederation of Indian Industry, Tiruchi Zone is organising the second edition of Energex 2008 here from September 26 to 28. The exhibition will be yet another opportunity to promote the latest in energy and ... More

BSNL, BPL seal tie-ups at CommunicAsia
For more cost-effective mobile applications More

ECONOMIC OFFENCES
Over 200 fined in KGN, Sylph price rise issue
Mumbai, June 20 Over 200 brokers and traders were fined up to Rs 5 lakh by the Bombay Stock Exchange for speculative trading in the scrips of KGN Industries and Sylph Technologies. KGN Industries and Sylph Technologies were re-listed on ... More