The Hindu Business Line : Tuesday, September 16, 2008

INDUSTRY & ECONOMY

EXPORTS & IMPORTS: Iron ore exports rise despite imposition of duty
Cabinet Committee on Pricing to review duty impact. New Delhi, Sept. 15 Export of iron ore from India has actually gone up after the Government tried to restrict exports of this non-renewable natural resource by imposing ...

EDUCATION: Educomp teams up with Intel, Dell, Acer to drive tech revolution
Bids for educational projects at 9,000 Govt schools. New Delhi, Sept. 15 Educomp Solutions Ltd has partnered with Intel, Dell and Acer to drive up the use of technology into classroom teaching and learning in schools across India. The company ...

POWER: Captive genset power: TN moots sharing of extra cost
Govt not in a position to foot bill of about Rs 4,000 cr, industry told. Chennai, Sept. 15 The Tamil Nadu Government today told representatives of industry that the State’s electricity board could ask the owners of captive diesel gensets ...

INDUSTRY ASSOCIATIONS: FKCCI to set up business research cell
To give up the traditional role of lobbying with the Govt. The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) on Monday announced that it would be setting up a business research cell to meet the changing focus of time and ...

STEEL: Stainless steel industry banks on Railways for its growth
5-8% of production to cater to Railways’ demand. Mumbai, Sept. 15 The Indian stainless steel industry is looking ahead to a 10 per cent growth this year, with the Railways keen on the increased use of the material for its ...

POWER: Assam to sign jt venture pact with Neepco soon
Setting up 500 MW thermal plant in Margherita. Guwahati, Sept. 15 The Assam Government will soon enter into a joint venture agreement with North Eastern Electric Power Corporation (Neepco) for setting up a 500 MW thermal power plant in ...

HOTELS: IRCTC may have to pay higher price for budget hotels
Pass on 85% earnings or more to Railways. New Delhi, Sept. 15 The Indian Railway Catering and Tourism Corporation (IRCTC) may end up paying a heavy price for getting to execute the budget hotels ...

COAL: Coal: ‘Look at Mozambique option’
With a rail link in Mozambique – constructed by a consortium of public sector units RITES-Ircon and the Mozambique Government – likely to be operational by September 2009, the Railways has asked mining and coal consuming Indian ...

NATURAL CALAMITIES: SBI, Patna circle gesture
State Bank of India, Patna Circle, has donated Rs 2 crore to Bihar Chief Minister’s Relief Fund for providing relief to the people affected by the recent Kosi river flood. Mr A. Krishna Kumar, Chief General Manager, and Mr Samir Saran, ...

EVENTS: Seminar at GIBS
Success starts the day when you decide to succeed in life with clear goals and continuous action plan, said Mr Subhash Jagota, an alumni of XLRI Jamshedpur and Chief Executive Officer of Global Business Solutions at a recent seminar organised ...

EDUCATION: Promoting tech education among rural mass through scholarship
NGO provides scheme for children of its SHG members. Mangalore, Sept. 15 At a time when there is demand for technically qualified manpower in society and the rural poor find it difficult to get technical education in spite of the talent they ...

EVENTS: ‘Project-related security is the need of the hour in N-E region’
Target is to see 25% private participation, says Minister. Guwahati, Sept 15 Project-related security is the need of the hour to boost investments in the north eastern region, according to the Union Minister in-charge of North Eastern Region, Mr ...

REAL ESTATE & CONSTRUCTION: Omaxe hopes to build 1 m ‘affordable’ homes
Scouting for business partners in 140 locations in India. Mumbai, Sept. 15 Delhi-based developer Omaxe Ltd is on the lookout for business partners in 140 locations across the country to build one million ‘affordable’ homes in eight ...

ECONOMY: Finance Minister advises long-term investment
Coimbatore, Sept. 14 The Union Finance Minister, Mr P. Chidambaram, reiterated the need for looking at investing over a ...

POWER: Centre warns States against grid violations
New Delhi, Sept. 15 The Centre has issued an advisory to States directing them not to overdraw from the grid, failing which they would face “severe ...

RADIO/TV: Dish TV offers new Rs 100 pack
New Delhi, Sept. 15 Existing DTH players are making sure their share of the subscriber pie will not shrink with the entry of new players such as Reliance ADAG’s Big ...

EVENTS: Seminar on tariff negotiations
...

ECONOMY: ‘Make manufacturing sector more competitive’
New Delhi, Sept. 15 India cannot harp on the mere growth in the services industry and will have to make manufacturing sector more competitive for its billion plus population, said Lord Bhattacharyya from the Warwick Manufacturing ...

PETROLEUM: Indian crude basket likely at $91-95
New Delhi, Sept. 15 After touching a high of $142.04 a barrel in July, the Indian crude oil basket has scaled down to two-digit numbers in keeping with the global crude prices. The price at which India buys its crude is expected to be in ...

TOURISM: Indian tourists to Malaysia up
There has been a steady increase in number of Indians visiting Malaysia and it is expecting five lakh Indian tourists this year, according to Mr Azizan Noordin, Director (South and West Asia), ...

REAL ESTATE & CONSTRUCTION: Panel report on Urban Land Ceiling Act next month
Kolkata, Sept. 15 The committee headed by Mr Sujit Sankar Chattoadhyay, former Secretary, Ministry of Urban Development and Poverty Alleviation, Government of India, would submit a report to the West Bengal Government next month on ...

TEXTILES: Relief package sought for textile industry
Coimbatore, Sept. 15 The Southern India Mills Association (SIMA) has appealed for a concrete and effective relief package to bail out the textile industry from the crisis it is passing through at ...

TAXATION: Kamal Nath to meet SEZ, EOU developers today
New Delhi, Sept. 15 Income-tax exemption for units in special economic zones, removal of sunset clause for export-oriented units (EOUs) and export duty on steel supplied to SEZs are among the issues to be discussed at the AGM of the ...

INFRASTRUCTURE: AP in pact with UAE to develop Hyderabad Economic City
Hyderabad, Sept. 15 The Andhra Pradesh Government has signed a memorandum of understanding with Government of Ras Al Khaimah (UAE) to develop the Hyderabad Economic City, as an integrated financial hub and health care city on the outskirts ...

TOURISM: God’s Own Destination
Onam, Kerala’s annual festival of joy and plenitude, has also been the traditional launch pad for a variety of innovative moves by Kerala Tourism, which has been long promoting the State as “God’s Own Country”. ...

EDUCATION: Clinical Research opens campus
The Institute of Clinical Research India (ICRI) opened its campus near the old airport, Begumpet here on Monday. The 8000 sq.ft campus can accommodate 350 to 400 students and is equipped with modern infrastructure and library with the ...