The Hindu Business Line : Thursday, July 31, 2008

INDUSTRY & ECONOMY

ENVIRONMENT: Philips-Goldman Sachs consortium lone bidder for Railways’ CFL project
New Delhi, July 30 A consortium led by Philips and Goldman Sachs has put in the lone bid for the Indian Railways’ tender to replace incandescent lamps in 6.5 lakh Railway households with compact fluorescent lamps (CFLs) under a ...

CLIMATE & WEATHER: Two-wheeler companies watching monsoon closely
New Delhi, July 30 After wrestling with subsequent rounds of interest rate hikes, reduced lending by banks on two-wheeler loans and soaring steel prices, motorcycle companies like Hero Honda, Bajaj and TVS are now keeping a close eye on the ...

ECONOMY: A fight against rising inflation
New Delhi, July 30 Predictably, the apex bank has lived up to its reputation of adhering to a strict monetary regimen when inflation and inflationary expectations have been rearing their dark heads, derailing the fruits of growth and hurting ...

HUMAN RESOURCES: Kolkata tops in ‘ethics at workplace’ survey
CHANGING SCENARIO. Nearly 45 per cent people in the corporate workforce in eight Indian cities don’t bat an eyelid while logging incorrect entry/exit times, 46.8 per cent feel using the office telephone for personal long distance calls ...

GEMS & JEWELLERY: Gold jewellery exports decline 6% in Q1
Mumbai, July 30 Reflecting a marked slow down in global economic growth and high gold prices, gold jewellery exports has dropped by 6 per cent to Rs 4,685 crore ($1,150 million) in the first quarter of the financial year, against Rs 5,003 ...

ENVIRONMENT: Green Ventures raises Rs 1,360 cr through India Carbon Fund
Due diligence of five projects under way to invest Rs 68 cr. Mumbai, July 30 Green Ventures India, a subsidiary of a New York-based asset management company, Green Ventures International, has completed first of its kind Rs 1,360 crore India ...

PETROLEUM: Panna-Mukta fields to resume full production soon
Minor explosion caused shutdown in operations. Kolkata, July 30 Panna-Mukta-Tapti joint venture of Reliance, British Gas and Oil and Natural Gas Ltd expects to resume full production from Panna-Mukta fields in the first week of August. ...

EDUCATION: ‘Students should focus on improving their soft skills’
Chennai, July 30 Our students have created a benchmark in the global industry. If they have a drawback, it relates to their lack of soft skills. They should focus on overcoming their hesitation and shyness and raise their communications skills ...

PETROLEUM: IOC restricts new LPG connections
New Delhi, July 30 IOC has restricted new domestic LPG connections for consumers. ...

AUTOMOBILES: India, a potential market for global auto leasing cos
Mumbai, July 30 Even as the auto industry is reeling under credit crunch, a relatively new vehicle financing structure – operational leasing – is taking roots in India with four international companies gaining business from the ...

TYRES: Tyre industry demands duty-free import of 1 lakh t natural rubber
Supply crunch threatens disruption of production schedules. Kochi, July 30 With a serious crunch operating in the availability of natural rubber (NR), the tyre industry has reiterated its demand for duty-free import of 1 lakh tonnes of NR ...

COAL: Efforts on for additional coal supplies from Mahanadi fields
Hyderabad, July 30 Faced with huge demand and supply gap for overall energy requirement, Andhra Pradesh has made arrangements for additional coal supplies from Mahanadi coal fields and is exploring option to import coal from either Indonesia ...

EDUCATION: Students catch eye of travel agents, airlines
Mumbai, July 30 Students travelling abroad for studies are fast catching the interest of airlines and tour operators alike. ...

SOCIAL WELFARE: Onam free kit for BPL cardholders
Concern over cut in Central quota. The State Government has decided to supply rice, sugar, tea and chilli free of cost to BPL cardholders during Onam. ...

MEDICAL INSTITUTIONS & HOSPITALS: Manipal Hospital tightens security
Manipal Hospital says it has put in additional and advanced security measures in its Bangalore facility after last week’s serial blasts in Bangalore and Ahmedabad. Two hospitals were targets in the Gujarat bomb blasts. ...

CARS: Premium car makers woo customers with smart finance options
New Delhi, July 30 Premium car buyers who may be having a second thought about making their purchase mainly due to interest rates climbing may be in for a surprise as there are attractive financing options that could lower their borrowing cost ...

REAL ESTATE & CONSTRUCTION: Sunil Mantri Realty signs pact for 2,000-acre city
Mumbai, July 30 Mumbai-based developer Sunil Mantri Realty Ltd has signed a memorandum of understanding with the Special Area Development Authority (SADA) of Gwalior to develop a hi-tech city on 2,000 acres ...

INFRASTRUCTURE: Sri City announces launch of SEZ
Chennai, July 30 Sri City (P) Ltd formally announced the launch of a 5,000-acre multiproduct SEZ and domestic tariff area at Tada to the north of ...

EXCISE AND CUSTOMS: Fertiliser units entitled to total duty exemption: HC
Imported steam turbine. Chennai, July 30 The Madras High Court has held that Coimbatore Pioneer Fertilizers Ltd is entitled to total exemption from payment of customs duty on imported steam turbine, and directed the Union Ministry of Chemicals ...

HEALTH: Correcting cardiac problems in the womb itself
MEDICAL WONDER. In an innovation that could make the lives of several thousands of children easier, doctors have started exploring ways to reach out the foetus to correct anomalies, if any. ...

INCOME TAX: Over a million e-returns filed so far
New Delhi, July 30 Over a million e-returns have been filed with the income-tax department up to July 29 this year. ...

EVENTS: Intellectuals’ meet

EXPORTS & IMPORTS: Coir exports register 7.8% growth in Q1
Exports of coir and coir products have registered an increase of 7.83 per cent in terms of quantity and 1.99 per cent in terms of value during the period between April and June this year. ...

HEALTH: Brazil invites investment in health sector
New Delhi, July 30 Brazil’s Health Minister, Mr Jose Gomes Temporao, has invited Indian investment in its health sector envisaging a new model of co-operation between emerging markets of the world. “Given vibrant health and pharma ...