The Hindu Business Line : Sunday, August 24, 2008

INDUSTRY & ECONOMY

ENTREPRENEURSHIP: Clinching VC funding
Having ambitions of becoming an entrepreneur? Do you have a commercial idea that you think is viable? Venture Capitalists (VCs), who provide money for nascent businesses, are the people you should get in touch with. ...

CEMENT: Cement: Lower valuations trigger M&A
With a volume growth of over 9 per cent per annum in the last three years, the Indian cement industry has drawn the attention of many foreign bigwigs over the years. The stimulus for entry into the Indian cement sector is getting stronger with ...

TAXATION: ‘Marginal decline’ in growth of corporate advance tax payments
Finance Ministry refutes slowdown in economy. New Delhi, Aug. 23 The Finance Ministry has refuted any slowdown in the economy based on the “marginal decline” in the growth of corporate advance tax payments in the first quarter as ...

REAL ESTATE & CONSTRUCTION: Book your flat — fully furnished
Ms Vijaya Bharati, wife of a Government official who came back to India after a foreign assignment, was looking to buy a flat in Hyderabad. That was the easy part , what foxed her was finding the right team to furnish the house. ...

PHARMACEUTICALS: Small drug-makers protest Railways’ ‘discriminatory’ procurement
Mumbai, Aug. 23 Small drug manufacturers have urged the Indian Railways not to have “restrictive purchase policies” when it comes to buying medicines for its hospitals. ...

TEXTILES: Textile sector opposes cotton support price hike
CITI: It will be counterproductive even for farmers. New Delhi, Aug. 23 The textile industry has said any proposal to hike the Minimum Support Prices (MSP) for cotton could further aggravate the downturn in the domestic textile sector. ...

ECONOMY: India’s growth story: ‘Precocious’ and ‘unusual’
Chennai, Aug. 23 The Indian economy’s turnaround should be attributed to a period at least a decade prior to 1990, argues Mr Arvind Subramanian, Senior Fellow, Peterson Institute for International Economics, Washington DC, and the author ...

MINING & QUARRYING: Iron ore miners mull long-term contracts
New Delhi, Aug. 23 Producers of sponge iron and pig iron and iron-ore miners are contemplating to enter into bilateral contracts and eliminate middlemen operating in this ...

REAL ESTATE & CONSTRUCTION: Bathroom design matters

The demand for sanitary ware is on the increase with the market seeking new designs and product range. The industry is growing steadily and branded players are gearing up to meet customers’ aspirations. In the last few ...

HEALTH: TN eyes private-public partnership for effective healthcare system
Chennai, Aug. 23 The Tamil Nadu Government has offered to develop preventive and primary healthcare system in the State through public-private partnership. ...

ECONOMY: ‘First significant time-wise, price-wise market correction’
Hyderabad, Aug. 23 The Indian stock market is a function of the country’s economic growth, return on equity and return on capital employed, said Mr Rakesh Jhunjhunwala, Partner, RARE Enterprises and eminent equity ...

EVENTS: Weekly News Round-up
The Union Government, last Thursday, approved a new open market sale scheme for wheat and rice in order to keep grain prices in check ahead of the upcoming festival season. The Cabinet Committee on Economic Affairs decided to allocate wheat under ...