The Hindu Business Line : Saturday, September 20, 2008

INDUSTRY & ECONOMY

POWER: Work on new Koodankulam units to start by year-end
New Delhi, Sept. 19 The Centre plans to commence work on setting up four new reactors at Koodankulam with Russian assistance as early as December, with the draft technical and economic proposals expected to be firmed up latest by ...

EDUCATION: At IIM-A, they saw shape of things to come
Ahmedabad, Sept. 19 In the aftermath of developments involving Lehman Brothers and Merrill Lynch, it is interesting to note that some of the students of the Indian Institute of Management-Ahmedabad (IIM-A) may have ‘foreseen’ ...

NATURAL CALAMITIES: Kharif crops in over 18 lakh hectares affected
Late burst of monsoon may boost rabi crop plantings. New Delhi, Sept. 19 Over 18 lakh hectares (lh) of area planted under kharif crops in the current year have been affected due to floods till end-August, according to the provisional estimates ...

INDUSTRY ASSOCIATIONS: CII favours easier FDI norms for small units
Hyderabad, Sept. 19 The Confederation of Indian Industry (CII) is advocating simplification of the Foreign Exchange Act for easier participation of foreign direct investment (FDI) in the micro, small and medium enterprises ...

MEDICAL & SURGICAL EQUIPMENTS: Flow cytometry centre set up
Medical devices major Becton Dickinson India and National Centre for Biological Science on Friday launched their joint centre of excellence in flow cytometry at the NCBS campus in ...

EXCISE AND CUSTOMS: Re depreciation to boost customs revenues: CBEC chief
Faridabad, Sept. 19 The depreciation of rupee against the dollar in the recent months may be of concern for importers of capital goods and essential items, but it is proving to be bonanza for the revenue department, which expects its ...

INFRASTRUCTURE: Public-private model mooted for infrastructure growth
Kochi, Sept 19 The Union Cabinet Secretary, Mr K.M. Chandrasekhar, has stressed the need to reorient India’s infrastructure development plans to help attract greater investments in various sectors of ...

INDUSTRY ASSOCIATIONS: AP rice millers seek power subsidy
Vijayawada, Sept. 19 Rice millers are being portrayed as cheats and hoarders following raids on some mills in the State in recent times and this public perception does not do them justice, as they are honest citizens striving to do their bit ...

SOCIAL SECURITY: Indian cos provide inadequate retirement benefits: Mercer survey
New Delhi, Sept. 19 Indian companies, whether in the public sector or private sector, have inadequate retirement benefits. The benefits are still inadequate to meet a 60 per cent income replacement ratio for the retiring workforce ...

TAXATION: CBEC wants SEZ units to be surveyed for service tax compliance
New Delhi, Sept. 19 SEZ units providing taxable services to recipients outside the special economic zones (SEZ) are under Government scanner, with revenue department officials being directed to submit by October 31 a report on whether ...

CARS: Kochi emerges potential market for luxury car makers
Kochi has emerged as a potential market for luxury car segment and as such car manufacturers such as Audi and Volkswagen have announced opening of their dealerships in the ...

SSI: Salient features of banks’ code for MSEs discussed
Kolkata, Sept. 19 The Micro and Small Enterprises (MSEs) should be supplied with copies of Code of Banks’ Commitment to MSEs free of cost and should be provided with standardised loan application forms with check lists suggesting what ...

EVENTS: Mr Shibunath T. Appu, Manager, Business Development, Central Depository Services Ltd; Jayabharat School of Management Studies, Vengola
Growing investment opportunities and greater participation in the stock markets were among the subjects that came up for discussion in the interactive session organised by the Business Line Club at Jayabharat School ...

ECONOMIC OFFENCES: Drug haul worth Rs 52 lakh
Sleuths of the Directorate of Revenue Intelligence here seized ephedrine, a substance used to make narcotics and addictive drugs, worth Rs 52 lakh in raids conducted in Hyderabad and Nellore. The value of the seized material in the ...