The Hindu Business Line : Sunday, November 30, 2008

INDUSTRY & ECONOMY

TERRORISM: CISF to recruit 40,000; raises security bar
New Delhi, Nov. 29 The Central Industrial Security Force (CISF) is planning to recruit around 40,000 personnel during the next one to two ...

SECURITY: Allow us to be better equipped: Private agencies
New Delhi, Nov. 29 The private security industry has called for amendments to the Private Security Act 2005 to add teeth to its operations, in the face of Mumbai’s terror attacks. It also recommends that Indian companies step up ...

TERRORISM: Banks to deploy gunmen, go for hi-tech gadgets
Mumbai, Nov. 29 Gaining entry into the corporate headquarters of banks in Mumbai could prove to be a bit of a hassle soon. Following the terrorist assault on five-star hotels, major banks in the city have decided to tighten ...

ECONOMY: Tighten your purse strings
If anything, the financial whirlwind that has taken most global economies and markets by surprise has taught us all that making money is no easy game. But what would be more challenging from now would be to protect and build on that booty. ...

EXPORTS & IMPORTS: RBI steps in to improve credit flow to exporters
Doubles the period of entitlement of post-shipment. Mumbai, Nov. 29 The Reserve Bank of India (RBI) has announced further measures for liquidity management and improving credit flow by doubling the period of entitlement of the first slab of ...

TERRORISM: Corporates may tighten norms to screen employees
‘90% of firms are not doing background screening’. Mumbai, Nov. 29 Corporates would have to make their ‘know-your employee’ (KYE) norms more stringent following the Mumbai terrorist ...

REAL ESTATE & CONSTRUCTION: Funding crisis in infrastructure
The last few months have seen renewed request for creating diverse avenues to fund the infrastructure sector in the country. Recent reports have it that the Government is looking at a Rs 50,000 crore-fund dedicated to lending for the ...

TERRORISM: e-WAR: Canadian tech option to fight terror
Mumbai, Nov. 29 A major technology-backed breakthrough may be in the offing to fight the scourge of terrorism that is assuming monstrous proportions on a global scale, especially in our country. It is known that scientists are constantly ...

REAL ESTATE & CONSTRUCTION: Lull in home loan refinancing
Banks taking over home-loans from housing finance companies, or vice versa, are not uncommon. But a lull appears to have set in with borrowers thinking twice about incurring foreclosure charges and processing fees all over again and ...

HOTELS: ‘Concept of hospitality will change’
Mumbai, Nov 29 Hospitality will have to be defined differently in India, if the Government is not proactive regarding security, say the top management of the Oberoi Group of hotels. The group’s Trident and Oberoi hotels were under ...

EVENTS: Weekly News Round-up
Full 60 hours after the first shots were fired in Wednesday's terror attacks in Mumbai, the battle between security forces and the terrorists which continued to rage till late Friday at the three different locations, including two top luxury ...

REAL ESTATE & CONSTRUCTION: Buyers hesitant to take the plunge
A weak sentiment and constant negative commentary have aggravated the problems of affordability and high mortgage rates in real estate, according to Motilal Oswal Financial Services Ltd.A report by the company, based on an interaction ...

NRIS: NRI money props up Kochi realty
While the global economic slowdown gripping most parts of the developed world has had a cascading impact on the economy and real-estate prices across major Indian cities, reports suggest that the southern port city of Kochi has been ...

HUMAN RESOURCES: Honchos urge HR to find new paradigms
‘Should look at employee aspirations and organisation’s biz needs’. Business leaders including, Mr S. Ramadorai of TCS, Mr A. Vellayan of Murugappa Group, and Mr Babu Lakshman of Rane Group commended the critical role played by ...

TERRORISM: Terror attacks to dent sales, say car makers
Bangalore, Nov. 29 A sharper fall of sales because of the terrorist attack in the second biggest market for passenger cars in India is expected to further pull down the auto industry’s growth ...

TOURISM: Mumbai terror strikes take a toll on Goa tourism sector
Already facing the rigours of economic meltdown worldwide, Goan hospitality and travel-tour operators have hit the panic button with cancellations from foreign tourists already trickling down following adverse travel advisories from ...

TERRORISM: AP to follow suit
Hyderabad, Nov. 29 Concerned with latest terrorist attacks in Mumbai, Andhra Pradesh has decided to create a new elite State security Police Department – State Security Guards – modelled on the lines of National ...

TERRORISM: Terror attacks: Corporate houses to rethink on security
Mumbai, Nov 29 The terror attacks in Mumbai have not only left companies shell-shocked but also with an increasing sense of vulnerability. This has also at a time when most of them, especially in the manufacturing sector, are grappling with ...

PETROLEUM: ATF prices to drop; no word on cheaper fares
New Delhi, Nov. 29 Despite oil companies again announcing a reduction the sale price of aviation turbine fuel (ATF) from December 1 this year, domestic aviation companies are not commenting on whether they would make ...

TERRORISM: Meetings rescheduled, travel plans cancelled
Chennai, Nov. 29 As Mumbai came under terrorist fire, to someone in southern India, the far reaching impact an event in the country’s financial capital has on people and businesses was ...

HOTELS: At the Taj
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