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Monday, October 20, 2008
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INDUSTRY & ECONOMY

ACCIDENTS: US nuclear players press India for liability framework
Without such laws, ‘impossible to sell reactors in India’. New Delhi, Oct. 19 The US private sector firms, which do not have their national government guarantee for accident claims, are lobbying hard with the Indian Government to ...

PETROLEUM: Cell to study why diesel use is rising
The Petroleum Planning and Analysis Cell, intrigued by the constant rise in consumption of diesel, despite the fluctuations in crude oil prices, plans to undertake a study on the consumer pattern of ...

INVESTMENTS: Team Gujarat to fan out to woo investors globally
Investors’ summit in Jan; Modi to visit Africa in December. Enthused by the recent success in bringing Tata Motors’ Nano car project to the State, the Gujarat Chief Minister, Mr Narendra Modi, his ministerial colleagues, bureaucrats, ...

INDUSTRY ASSOCIATIONS: CII chalks out development plans for 16 districts in South
Vision document for southern States released. Kochi, Oct. 19 CII Southern Region is preparing plans for development of 16 districts, including four in Kerala – Thiruvananthapuram, Thrissur, Palakkad and Kannur – as part of its ...

ENGINEERING: Encourage shipbuilding, and ancillaries will follow: Industry
As Indian shipyards’ order-book cross Rs 30,176 crore, companies that supply various components and services have slowly started setting up their base in the country. Earlier this year, Rolls-Royce inaugurated its marine service facility ...

TAXATION: HC ruling on ST waiver for lotteries, printed materials
Printed materials and printing of lotteries would not amount to ‘sale’ according to the Tamil Nadu Government’s GO Ms No 976 Revenue dated March 28, 1959, and hence, they were eligible for tax exemption. Even a printer ...

PETROLEUM: Panna-Mukta venture draws up plans to enhance recovery
$150-160 m programme awaits Oil Ministry nod. Kolkata, Oct. 19 The British Gas operated Panna-Mukta-Tapti joint venture plans a nine-well in-fill drilling programme to enhance recovery from the Panna-Mukta oilfield. The project estimated to cost ...

SSI: Nabard, SIDBI oppose national fund for unorganised sector
Want funds for micro enterprises routed through them. Mumbai, Oct. 19 The National Bank for Agriculture and Rural Development (Nabard) and Small Industries Development Bank of India (SIDBI) want the funds for micro enterprises in the unorganised ...

REAL ESTATE & CONSTRUCTION: Makaan.com hosting property show
Makaan.com, a property portal, is hosting a two-day property show in Hyderabad bringing together more than 20 leading developers and showcasing models of over 100 plus projects. The Business Head of Makaan.com, Mr Aditya Verma, said this is ...

SOCIAL WELFARE: Global meet to find ways to improve results of Govt schemes
New Delhi, Oct. 19 Over a hundred public financial management experts and practitioners from 42 countries are to descend at New Delhi on Monday for a three-day international conference focused at improving delivery in ...

AUTOMOBILES: KPIT Cummins in pact with VaST
IT services to auto sector. Pune, Oct 19 VaST, a player in electronics virtualisation, and KPIT Cummins Infosystems Ltd, product engineering partner to the automotive industry, have announced a partnership to deliver electronic virtualisation ...

FOREIGN RELATIONS: Indo-German cooperation strategy
...

REAL ESTATE & CONSTRUCTION: Changing skyline
...

POWER: TNEB urged to have online facility for bill payment
Madurai, Oct. 19 Tuticorin-based the All India Chamber of Commerce and Industries has urged the Tamil Nadu Electricity Board (TNEB) to consider the payment of electricity ...

SSI: Credit crunch: MSMEs look at alternatives
New Delhi, Oct. 19 The reduced availability of finance is compelling India’s Micro, Small and Medium Enterprises (MSME) to scout for alternative source of finance for medium to long-term ...

STEEL: Industry to press for duty benefits on all steel products
Representatives of the steel industry on Saturday decided to urge the Government to extend duty benefits to all steel products in view of falling global ...

EDUCATION: Mr K. Pandu Ranga Rao, IVRCL Infrastructure; Malla Reddy Institute of Management, Dulapalli
Hyderabad, Oct. 19 In the current era of economic slowdown and increasing focus on talent, positive attitude will hold the key for success in ...





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Markets (Oct 18)
Nifty (at close)3074.35(-194.95)
US Dollar (Buy/Sell)48.88/90
Brent crude (a bbl) Rs3,295
Gold (a gram) Rs1,162
Silver (a kg) Rs17,310


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