The Hindu Business Line : Monday, November 10, 2008

INDUSTRY & ECONOMY

PETROLEUM: Oil Ministry reworking ‘drilling holiday’ proposal
Finance Ministry wants penalties, rewards. Oil and gas companies such as Reliance Industries Ltd (RIL) and ONGC, which have been seeking moratorium to meet their drilling commitments arising due to global rig shortage, will have to wait ...

RURAL DEVELOPMENT: Micro finance institutions ride on mobile boom
REACHING RURAL INDIA. In an effort to increase the reach of micro-financing into rural India, microfinance institutions (MFIs) are now using mobile phone technologies to make it more convenient and secure for the users. The latest to enter this ...

POWER: More companies join photovoltaic bandwagon
New Delhi, Nov. 9 Tough economic conditions notwithstanding, the photovoltaic (PV) juggernaut continues to ...

MANAGEMENT: CAT on Nov 16; IIMs set to be richer by Rs 23 crore
Ahmedabad, Nov. 9 Despite an unfolding global economic crisis, uncertainties about the pay-packets to be offered in the next placement season and the RC Bhargava Committee recommending a regulator to curtail their ‘autonomy’, ...

ECONOMY: Will employees share the burden of a downturn?
Thoughts on employee-employer relations during an economic slowdown. There has been significant debate and speculation about what happened at Jet Airways recently. Did the company handle the situation well, was there political pressure, did the ...

POWER: Local manufacturing key norm for selecting reactor vendors
Negotiations under way with four entities. New Delhi, Nov. 9 Technology transfer to a local partner and joint manufacturing in India are among the key prerequisites that the Centre is insisting on prior to selecting foreign reactor vendors for ...

GOLD & SILVER: Gold futures likely to rise
Gold futures, ended slightly higher on Friday helped by a retreating dollar and some short-covering ahead of the weekend. The dollar lost as much as 1.1 per cent against the euro, heading for a second weekly decline, as the US unemployment ...

NON-CONVENTIONAL ENERGY: ‘Withdraw new levies, offer better prices for wind power’
Madurai, Nov. 9 Withdraw the new charges levied on wind farms and offer better prices for wind power produced by them, the Tamilnadu Chamber of Commerce and Industry ...

POWER: TN allows third party sale of private power
Does away with cross subsidy charges. Chennai, Nov. 9 Private power producers in Tamil Nadu can now sell the surplus electricity they generate directly to a consumer, instead of only to the Tamil Nadu ...

TEXTILES: Low raw material prices may be boon for textiles
New Delhi, Nov. 9 Even as the textile industry has listed a litany of woes demanding relief measures to get over the double whammy of decline in demand and the looming menace of large-scale layoffs, the domestic industry might take due ...

ECONOMY: Obama or Tata: Who can save the economy?
Mack (an American expat working in India) tries to put on a brave face despite gastrointestinal troubles as Bidyut (an economics professor) prepares a home remedy. Divya (a journalist) and Jogin (a student), meanwhile, browse ...

EDUCATION: 54% rise in ICSI enrolment
Panaji, Nov. 9 The country will need 50,000 company secretaries by 2015 as against the present membership of the Institute of Company Secretaries of India (ICSI) of ...

EDUCATION: Advanced Accounting: Old vs new syllabus
In terms of the choice of questions, candidates appearing under the new syllabus are better off than those who took the exams under the old syllabus. Under the current pattern, the student has the choice of leaving out one of the ...

EVENTS: Food festival next month
The city-based Centre for Innovation in Science and Social Action will organise a ‘national food and agro biodiversity festival’ in the city ...

EXPORTS & IMPORTS: ‘Restore customs duty on edible oil imports’
Ahmedabad, Nov. 9 The Central Organisation for Oil Industry and Trade (COOIT) has urged the Government to re-impose bound-rate customs duties on import of edible oils immediately to encourage higher oilseeds and edible oil production ...

TRAVEL & PLACES: US Consulate to simplify visa process
Hyderabad, Nov. 9 The US Consulate has promised to simplify visa procedure and educate the small and medium enterprises on quality and standard procedures followed in the consular ...

EDUCATION: AP education recast plan
The Andhra Pradesh Government will be restructuring the school education and is planning to bifurcate it into primary and secondary education, in which the intermediate would be merged. A decision to this effect was taken by the Chief Minister, ...

EXPORTS & IMPORTS: Tuticorin port export awards
The Union Minister for Shipping, Road Transport and Highways, Mr T.R. Baalu, presented the ‘Best Export Awards’ to exporters and users of Tuticorin Port, at a function organised by the Indian Chamber of Commerce and Industry ...