The Hindu Business Line : Tuesday, September 02, 2008

INDUSTRY & ECONOMY

INFRASTRUCTURE: On SEZs and land acquisition
The controversy over the threatened withdrawal of Tata Motors from Singur in West Bengal has come not a day too soon. The Singur plant is not located in any designated Special Economic Zone (SEZ). The acquisition of land from farmers by ...

ECONOMY: Exports stay bullish with 31% growth in July
Imports grow 48%; trade deficit at record $41 b in April-July. Buoyed by the depreciation of the rupee vis-À-vis the US dollar, India’s exports continue to be bullish with the latest monthly exports of July logging a 31.2 per cent ...

ALTERNATIVE MEDICINES: AyurVAID sets out to break stereotypes
Involves venture capital funds, insurance covers. Mumbai, Sept. 1 Hospital chain AyurVAID is looking to break several stereotypes as it expands out of Kerala and into Bangalore this September. ...

AUTOMOBILES: Auto parts cos pin hopes on product development, future launches
Not perturbed by current slowdown as order books are full. New Delhi, Sept. 1 Auto component makers are not too worried about the current slowdown as their order books are overflowing with new cars being launched. ...

EDUCATION: ICFAI to launch new programme
ICFAI Business School, Kolkata is planning to launch an entrepreneurship development programme from the next year, said Prof Arup Choudhury, Associate Dean and Academic Coordinator, on Monday on the sidelines of a seminar entitled ...

PSU: New MRPL managing director
Mr Uttam Kumar Basu has assumed office as Managing Director of Mangalore Refinery and Petrochemicals Ltd (MRPL) with effect from September 1. The company has informed the BSE that Mr R. Rajamani, who was the Managing Director of the company, ...

ECONOMY: `Inflation targeting will not work here'
At the beginning of each accounting year, thousands of contracts are entered into by various individuals and departments in the Government to ensure effective delivery of goods and services across the board. ...

AUTOMOBILES: Maruti reports dip in August sales, Hero Honda leads 2-wheeler growth
New Delhi, Sept. 1 Domestic automobile sales in August showed a mixed trend with Maruti Suzuki, the largest car maker, reporting a first time dip in sales in the current fiscal and the top two-wheeler maker, Hero Honda, posting robust ...

RADIO/TV: Cartoon Network creates 3 Pogo sub-brands
Cartoon Network Enterprises (CNE), which launched toys under the Pogo brand a couple of years ago, is keen on consolidating that business. ...

KNITWEAR & HOSIERY: Tirupur exporters want duty drawback rates restored
Coimbatore, Sept. 1 The exporting community in Tirupur is crying hoarse over the downward revision in duty drawback rate for 2008-09 on knitted garments from 11 per cent to 8.8 per cent. ...

PETROLEUM: Karvy Comtrade to advise SpiceJet on ATF hedging
New Delhi, Sept 1 Karvy Comtrade Ltd, a commodity brokerage company, on Monday announced that it has bagged the account of the Delhi-based low cost airline, SpiceJet, for advising it on strategies to hedge its aviation turbine fuel ...

POWER: KSEB seeks further hike in tariff or more curbs
Faced with a grave financial crisis caused by purchase of costly power from outside in the wake of poor monsoon, the Kerala State Electricity Board (KSEB) has sought either further increase in power tariff or more restrictions on power ...

SCIENCE & TECHNOLOGY: National remote sensing agency is now part of ISRO centre
The Hyderabad-based autonomous society NRSA is now a part of ISRO and has been renamed National Remote Sensing Centre. ...

PETROLEUM: RIL’s D-6 gas output delay
There is likely to be a slight delay in Reliance Industries Ltd starting production of natural gas from the D-6 block in KG basin, a senior Government official said on Monday. Speaking to newspersons on the sidelines of the 45th Indian Oil Day ...