Business Daily from THE HINDU group of publications
Wednesday, October 29, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, October 29, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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INDUSTRY & ECONOMY PHARMACEUTICALS: Subsidiaries of pharma MNCs brace for global economic chill Mumbai, Oct. 28 When the cold wind blows, one has to think of how to deal with it, says Novartis India’s chief Mr Ranjit Shahani, of efforts taken by Indian arms of multinational drug-majors, as they brace themselves to tackle the ... CEMENT: Fall in demand hits cement cos realisation Mumbai, Oct. 28 A sharp fall in demand from the housing sector due to the financial crisis seems to have restricted the cement companies’ efforts to pass on the rise in input costs to ... VENTURE CAPITAL: Pvt equity deals in realty down to a trickle in Sept Deals in real estate, infrastructure gross $3 billion in nine months. New Delhi, Oct. 28 Private equity (PE) deals in the real estate and infrastructure space grossed about $3 billion in value during the first nine months of 2008, over 9 per ... TELEVISION SETS: LCD, plasma television prices ease marginally Strong supply of panels from Chinese, Thailand markets. New Delhi, Oct. 28 The LCD and plasma television prices have dropped by nearly Rs 4,000-Rs 7,000 in the last three months, following a robust supply of panels from the import market and ... LABOUR REFORMS: Contract workers likely to get payment by cheque soon Ministry to amend Acts where cash payment is a mandatory provision. New Delhi, Oct. 28 In a move to ensure that contractors pay their workers in cheques through banks instead of the present system of paying in cash, the Ministry of Labour is ... EVENTS: Meet on mechanical engg ... INDUSTRY ASSOCIATIONS: Plea for more coins Tamil Nadu Chamber of Commerce and Industries has made a plea to the Reserve Bank of India, Chennai Office, to enable supply of adequate quantity of coins for circulation in Madurai and the surrounding regions. Mr S. Jeyabalan, the ... EMPLOYMENT: Airtel `jobs on mobile' ... TYRES: Commercial vehicles cos cut tyre offtake projections A signal for slowdown in production plans. Kolkata. Oct. 28 In an indication of slowdown in production projections of commercial vehicles, major medium and heavy commercial vehicle manufacturers have reduced Original equipment (OE) tyre ... PETROLEUM: ‘No proposal for hiking OVL’s investment limit now’ New Delhi, Oct. 28 While ONGC Videsh Ltd (OVL), the overseas investment arm of ONGC, is seeking more powers for its board to take investment decisions and increasing the current investment limit of $75 million or Rs 300 crore (whichever ... INDUSTRY ASSOCIATIONS: CII for cut in interest rates, focus on growth Seeks 50 bps cut in repo rate, 150 bps in CRR. New Delhi, Oct. 28 A day after the Reserve Bank of India (RBI) announced its Mid Term Review of the Monetary Policy, Confederation of Indian Industries has come out with a set of recommendations, ... NATURAL CALAMITIES: Flood havoc ... REAL ESTATE & CONSTRUCTION: Building boom ... ECONOMY: MICE travel down 15-30% New Delhi, Oct. 28 With companies reducing incentive travel and sales conferences as part of cost-cutting measures in the wake of the slowdown, activity in the meeting, incentives, conferences and exhibitions (MICE) sector is witnessing a ... INDUSTRY ASSOCIATIONS: Chamber seeks reduction in interest rates The Associated Chamber of Commerce and Industry (Assocham) has demanded a reduction in interest rates to an extent of 3 per ... EDUCATION: E Sarathbabu, Founder and CEO, Foodking Catering Services; Sri Krishna College of Engineering and Technology, Coimbatore Coimbatore, Oct. 28 Neither the depressing weather nor the bleak placement scenario put off the 150-odd management school students from attending a lecture by Mr E. Sarathbabu, CEO and Founder, Foodking Catering Services Pvt Ltd, at the School ...
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