The Hindu Business Line : Tuesday, September 30, 2008

INDUSTRY & ECONOMY

EVENTS: High-level panel meet on financial turmoil
Mumbai, Sept 29 The High Level Co-ordination Committee on financial markets, which is meeting on Wednesday, will assess the impact of the current global financial turmoil ...

NON-CONVENTIONAL ENERGY: Amsterdam uses garbage to light up the city
WASTE HANDLING SKILLS. Recently in Amsterdam The success of a waste-to-energy project in far-away Amsterdam could solve the most pressing problem of Indian cities and towns, which are grappling both with growing garbage pile-ups and ...

AUTOMOBILES: Nano issue adds to woes of auto component makers
Capacity constraints put pressure on volume take-off. New Delhi, Sept. 29 Domestic autoparts suppliers banking on volumes from the production of the Nano to mitigate the impact of the slowdown in the domestic and global auto industry, say that ...

EXPORTS & IMPORTS: Nasscom to review export targets in December
Does not rule out a marginal downward revision. New Delhi, Sept. 29 Amid a financial crisis in the US, software association Nasscom on Monday said it would undertake a review of the export growth forecast for FY09, in ...

PHARMACEUTICALS: ‘Pharma offshoring market to touch $2.5 b by 2012’
Clinical trials in line for becoming $608-million segment. Bangalore, Sept. 29 Pharmaceutical offshoring in the country is poised to become a $2.5-billion (nearly Rs 11,600-crore) opportunity by 2012, according to Zinnov Management ...

FOREIGN TRADE: Adjustment aid mooted to tackle free trade impact
ADB could create a window for industries hit by FTAs: Minister. New Delhi, Sept. 29 Asian Development Bank (ADB) could create an adjustment assistance window for industries that are impacted by free trade agreements (FTAs) and under threat of a ...

NON-CONVENTIONAL ENERGY: Govt approves setting up of solar mission
‘The ‘irradiance factor’ for India is the highest in the world’. The Government has approved the creation of a national solar mission, on the lines of the Atomic Commission. This was done on the recommendations of the ...

EXPORTS & IMPORTS: Imports may cap rise in edible oil prices
Robust demand could push up sugar prices. Mumbai, Sept 29 Huge inventory of palm oil built by the Government through imports may cap any price rise in soya oil, while sunflower oil may witness a minor hike in prices on the back of good demand ...

HEALTH: Mantri offers clinics at its Bangalore apartment projects
Bangalore, Sept. 29 Stretching the ambit of super amenities that developers offer these days, Mantri Developers has tied up with Apollo Hospitals to provide telemedicine facilities for residents at its upcoming and recently completed projects ...

FOREIGN TRADE: Australia keen on biz with India
Australia is keen on doing business with India and on making its presence felt, especially in tier II cities such as Visakhapatnam, according to Mr Aminur Rahman, Australian Consul-General for South India. At a seminar on ‘Doing business ...

INCOME TAX: I-T filing date for Orissa extended
The Central Board of Direct Taxes (CBDT) has extended the last date for filing of income-tax returns and obtaining of tax audit report due by September 30 to October 31 in Orissa. This has been done in view of the disruption caused due to floods ...

NON-CONVENTIONAL ENERGY: ‘Utilities should increase power purchase from renewable sources’
Solar energy should be given higher allocation: Report. New Delhi, Sept. 29 The Government should enact a renewable energy law requiring all utilities (electricity boards) to increase their purchase of power, year after year, from renewable ...

INFRASTRUCTURE: Kerala Govt frames SEZ policy
The Kerala Government has come out with a policy setting the norms and regulations for establishing special economic zones (SEZs) in ...

AUTOMOBILES: Tight retail finance, inflation dampen auto festive outlook
New Delhi, Sept. 29 With the festive season round the corner, the combination of tight finance and high food plus commodity prices is making automobile dealers wary of sales during this peak season. While automobile companies are banking ...

COURTS/LEGAL ISSUES: CSB rights issue: HC annuls order
Kochi, Sept. 29 The Kerala High Court on Monday quashed an order of a court in Thrissur restraining the Catholic Syrian Bank from proceeding with a ...

EVENTS: North Block meeting
...

GEMS & JEWELLERY: Jewellery fair in Vizag from Oct. 4
Jewellers from Jaipur, Mumbai, Chennai and other cities will participate in the All-India Jewellery Fair to be held here from October 4 to October 6 in the Swarnabharati indoor stadium. Vijayawada-based event management firm Aditi will conduct ...