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Sunday, September 21, 2008
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INDUSTRY & ECONOMY

FOREIGN DIRECT INVESTMENT: Govt open to selective 49% FDI in defence
Transparency in tenders, details to be posted on the Net: Antony. New Delhi, Sept 20 The Centre on Saturday said it could consider the industry’s demand for allowing up to 49 per cent foreign direct investment (FDI) in the defence sector ...

MANAGEMENT: B-schools begin fire-fighting to minimise impact
HIRING BLUES. It appears that the global economic slowdown has finally touched employment prospects of management graduates in India, if the perception of premier management schools is ...

TOURISM: Kerala resorts go high-rise
Land has always been in short supply in Kerala, which has one of the highest population densities in the country . Added to that was the money order economy of the State: an unending stream of foreign remittances and money orders ...

POWER: Pricing key component of new energy policy: PM
Draft document likely before Cabinet for approval in a month. New Delhi, Sept. 20 The Prime Minister, Dr Manmohan Singh, has said the issue of energy pricing and acquisition of overseas assets by Indian utilities would be among key focus areas ...

EXPORTS & IMPORTS: Weakening Re brightens export prospects of auto makers
Cos revising export targets, exploring new markets. Mumbai, Sept. 20 A weakening rupee has set Indian automobile companies revising their export targets, reviewing future outlooks and exploring new markets to push overseas ...

REAL ESTATE & CONSTRUCTION: A city to live in, another to invest in
Arpan Bose, 27, works in a private life insurance company in Delhi.Having advised others on investment decisions for the last three years, he recently decided to diversify his investments into real-estate after setting aside money for ...

TYRES: Tyre cos mull shift in raw material sourcing base as rupee falls
Steep increase in input prices in the last few months. New Delhi, Sept. 20 Domestic tyre makers are considering a shift in their raw material sourcing base as they prepare to negotiate the October-December ...

INFRASTRUCTURE: Duty neutralisation for SEZ developers
New Delhi, Sept 20 Supply of goods from domestic tariff area (DTA) to special economic zone (SEZ) developers against payments made in rupees will now be entitled for duty neutralisation benefits, enabling the SEZ developers to procure goods ...

HUMAN RESOURCES: VRS may be offered to 5,000 employees at Delhi, Mumbai airports
Mandatory three-year tenure of AAI ends next May. New Delhi/Mumbai, Sept. 20 The GMR and GVK groups, which are modernising the airports at Delhi and Mumbai respectively, may have to pay for those employees of Airports Authority of India (AAI) ...

FOREIGN TRADE: India in talks with Pak to start cross-border trade
Kolkata, Sept. 20 The External Affairs Minister, Mr Pranab Mukherjee, said here on Saturday that India was hopeful to start cross-border trade with ...

REAL ESTATE & CONSTRUCTION: ‘A single-point contact for property services’

With large commercial and retail complexes coming up in the country, facility management service has become an industry to reckon with, to efficiently manage the non-core activities in a property. Property Solutions (India) Pvt ...

CINEMA: Hollywood looks east for funds
ANIL AMBANI-SPIELBERG DEAL. Mumbai, Sept 20 The deal between the Reliance ADAG group and Steven Spielberg’s DreamWorks SKG is just another instance of fund-starved Hollywood ...

ELECTRICAL GOODS: Fan units to get new standards from energy efficiency body
Kolkata, Sept. 20 The Bureau of Energy Efficiency (BEE) is to shortly issue a notification suggesting raising of energy efficiency parameters for fans manufactured in the country, according to Mr Sunil Wadhwa, Chairman, Indian Fan ...

EVENTS: Weekly News Round-up
Lehman Brothers Holdings Inc has filed for bankruptcy protection, making it the largest casualty of the global credit crisis, and given its assets at the time of filing, Lehman surpassed WorldCom as the biggest US Bankruptcy ...

ECONOMY: ‘Push for liberalisation to eliminate poverty’
New Delhi, Sept. 20 The former Spanish Prime Minister, Mr Jose Maria Aznar, has said developing countries such as India should further the process of liberalisation to eliminate ...

EMPLOYMENT: Govt move to boost overseas employment
New Delhi, Sept. 20 The Government is to commission studies to identify employment opportunities as also to locate and fill skill gaps to boost overseas job prospects for ...






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Markets (Sept 20)
Nifty (at close)4245.25(+207.10)
US Dollar (Buy/Sell)46.34/35
Brent crude (a bbl) Rs4,499
Gold (a gram) Rs1,161
Silver (a kg) Rs19,850


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In Focus
Remembering Ramachander

More

Other Top Stories
Tyre cos mull shift in raw material sourcing base as rupee falls

Pricing key component of new energy policy: PM

Avesthagen: ‘Without an IPO, it would not be a growth story’

VRS may be offered to 5,000 employees at Delhi, Mumbai airports

Looking back
Sep. 14-Sep. 20
NHPC seeks Sikkim help to complete power projects

Power Exchange of India to start trading in October

ArcelorMittal to educate farmers on land compensation funds

Iron ore loading: New norms for private sidings

Stainless steel industry banks on Railways for its growth

IRCTC may have to pay higher price for budget hotels

Indian crude basket likely at $91-95

Omaxe hopes to build 1 m ‘affordable’ homes

Iron ore exporting cos to go in for a higher price from importers

Cost pressure to ease for cement manufacturers

‘PSU status hampers BHEL in bidding process’

‘Asia Pacific property markets entering period of slowdown’

Financial crisis to affect inbound tourism

Re depreciation to boost customs revenues: CBEC chief



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