The Hindu Business Line : Tuesday, July 22, 2008

INDUSTRY & ECONOMY

EXPORTS & IMPORTS: Re, input costs hit auto parts export growth rate
New Delhi, July 21 The strong rupee vis-À-vis the dollar in the last financial year and rise in input costs triggered a sharp fall in the country’s auto parts export growth rate. ...

PETROLEUM: Courier industry reels under high oil price; costs rise 30%
While the plight of the airline passengers is well known, there is another segment that is reeling under the surge of oil prices - the express and courier industry. More bad news coming their way, the airlines have further increased charges by ...

MEDICAL INSTITUTIONS & HOSPITALS: Narayana Hrudayalaya to upgrade, run two Tata Trust hospitals
Narayana Hrudayalaya is to upgrade and manage two multi-disciplinary hospitals currently being run by Tata Trust in Jamshedpur, Jharkhand. It will also operate a third hospital in the steel city on a long term basis, the Bangalore-based heart ...

ECONOMY: Foreign brokerages turn cautious on India outlook
Fund houses cite inflation, fiscal deficit as major worries. Mumbai, July 21 Recent developments in the country have made many foreign brokerages turning rather bearish review on India’s macroeconomic outlook. Inflation has reached new ...

ENVIRONMENT: BPCL-KR solution to dispose of waste plastics
As the civic body in Kochi grapples with the problem of disposing of waste plastics, the BPCL-Kochi Refinery has come out with a solution without causing any disturbance to the eco-system. ...

CEMENT: Q1 cement despatches rise
But pressure seen from high input costs. Mumbai, July 21 Despite cement despatches of frontline companies improving in the first quarter of 2008-09, steep rise in input cost is expected to exert pressure on the ...

INCOME TAX: IT returns: Special camps for salaried taxpayers from today
New Delhi, July 21 The Income-Tax Department will organise special camps in Delhi beginning Tuesday to facilitate salaried taxpayers to file their income-tax returns. All salaried returns are to be filed with the Department by July ...

TEXTILES: Textile industry concerned over rising cotton prices
Despite the recent fiscal measures announced by the Centre, high cotton and yarn prices continue to hurt the textile apparel industry, say industry ...

PETROLEUM: ‘LNG-starved stations may normalise production in a week’
Gandhinagar, July 21 With the possible arrival of liquefied natural gas (LNG) consignment in Gujarat in the next few days, the gas-fired power stations are expected to resume their normal production of nearly 900 MW in Gujarat within a week, ...

EDUCATION: IIM-Lucknow offers 24-week course for defence officers
New Delhi, July 21 Indian Institute of Management Lucknow’s Noida campus has introduced a 24-week General Management Programme for Defence officers. The programme is open to both short service commission officers and ...

MINERALS: Poor response from States may hit NMDC plan for exploration centre
Hyderabad, July 21 National Mineral Development Corporation’s (NMDC) plan to set up a Global Exploration Centre has received poor response from the six State Governments that the company ...

INCOME TAX: Sikkim Chamber opposes plan to raise professional tax ceiling
Gangtok, July 21 The Sikkim Chamber of Commerce (SCC) has opposed the Union Government’s plan to raise the ceiling on professional tax from the present Rs 2,500 to Rs 7,500 per annum, stating that the rise will be ...

REAL ESTATE & CONSTRUCTION: Lanco arm to groom youth in construction skills
Hyderabad, July 21 Lanco Institute of General Humanitarian Trust (LIGHT), the corporate social responsibility arm of the Lanco Group, has launched a training programme in construction trades for rural unemployed youth at Chengicherla village ...

TAXATION: ‘Review impact of taxes on poverty reduction’
Chennai, July 21 The Madras Chamber of Commerce and Industry says the Government must review whether direct and indirect taxes levied have objectively contributed towards improving living conditions of the marginalised sections of society. ...

HUMAN RESOURCES: Govt to have 49% stake in National Skill Development Corporation
Chennai, July 21 The Union Government will have 49 per cent stake in the National Skill Development Corporation, a not-for-profit organisation, to be set up for developing various industrial skills, according to the Union Finance Minister, Mr ...