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Monday, January 05, 2009
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INDUSTRY & ECONOMY

PETROLEUM: Non-domestic LPG cylinders likely to cost more
New Delhi, Jan. 4 After witnessing a significant drop in rates, consumers of non-domestic liquefied petroleum gas (LPG) may have to pay a marginally higher price for the product ...

TOURISM: Timeshare: Recession no deterrent
Mumbai, Jan. 4 At a time when the travel and tourism industry is going through a solemn phase, one of its segments, the timeshare industry, seems ...

INFRASTRUCTURE: Stimulus package provides hope for infrastructure companies
Booster eases options to gain funding. If part one of the stimulus package was a booster dose for the ailing realty sector, part two comes as a shot in the arm for slowing ...

EXPORTS & IMPORTS: Upgrade of airports to boost export draws flak from CAG
Report says airstrips have not been used for air cargo. Mumbai, Jan. 4 Five small airports in Maharashtra, which were upgraded with Centre’s financial assistance for boosting exports, hardly handle any export cargo, the Comptroller and ...

PSU: Managing in the public sector
Required: A mix of business acumen, social activism. Michael Gerber, the author of several business strategy books including The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It, wrote that an entrepreneur is ...

REAL ESTATE & CONSTRUCTION: Realtors woo disappointed DDA applicants
Potential buyers’ demand spills over to private builders. New Delhi, Jan. 4 A just-concluded mega Delhi Development Authority (DDA) scheme has brought an unexpected upside for demand-starved real estate ...

URBAN DEVELOPMENT: Ahmedabad BRTS first phase may hit the road by June
After a delay of about eight months, the first phase of the much-talked-about Bus Rapid Transit System (BRTS), which was to commence operation in October 2008, is now likely to start in June 2009 as work is progressing at a faster pace in ...

PETROLEUM: ONGC coal bed methane project faces further delay
Reserve accretion in Jharkhand blocks has doubled. Kolkata, Jan. 4 ONGC’s $200-million CBM development project at Jharkhand and Bengal seems to have faced fresh stumbling blocks, according to ...

POWER: Energy ties
...

EDUCATION: Financial crisis is now B-school study material
Mumbai, Jan. 4 The best thing to do from a crisis is to learn from it. That’s precisely what B-schools in India are doing: turning the global financial crisis into a part of their management ...

STEEL: SBQ Steels looks to many positives from slowdown
‘Cost of inputs down, faster deliveries’. Chennai, Jan. 4 The current economic slowdown “is the best thing that could have happened to us”, says Mr Rajiv Rai, Chairman, SBQ Steels Ltd, which is putting up a Rs 1,100-crore ...

PSU: Cabinet reshuffle triggers top-level changes in MIDC
Mumbai, Jan 4 The recent cabinet reshuffle in Maharashtra seems to have triggered top-level changes in Maharashtra Industrial ...

OFFICE EQUIPMENTS & SUPPLIES: Fall in sales of books, diaries
New Delhi, Jan. 4 Books and diaries are the latest casualty in the slowdown saga. Lower footfalls and fewer corporate orders are impacting the organised retail business, with companies reporting nearly 30 per cent dip ...

ECONOMY: Stimulus Version 2.0
On the surface, the second stimulus package announced on Friday appears to have all the ingredients of similar efforts by western governments to boost their economies. But a closer look reveals similarities with the first package and ...

EXPORTS & IMPORTS: Turmeric exports surge on higher demand
Good demand for Indian turmeric in the world market has pushed up exports of the spice during the first eight months of the current fiscal despite substantial increase in its price to Rs 46.43 a kg from Rs 30.36 a kg in the same period a ...

SSI: ‘SMEs need to focus on customers’
Madurai, Jan. 4 Small and medium enterprises (SMEs) need to be customer-centric in their approach to overcome the present economic turmoil , said Dr Bala V. Balachandran, Distinguished Professor at JL Kellog School of Management, US, ...

URBAN DEVELOPMENT: Bengal finalising master plan for Newtown
Kolkata, Jan. 4 Taking lessons from the unplanned and haphazard urban construction in areas such as Behala, Dum Dum and parts of Garia, the West Bengal Government is trying to finalise a master plan for construction on the fringes of ...

POWER: Power bill payment facility
With more banks: The Tamil Nadu Electricity Minster, Mr Arcot N Veerasamy, launching the expanded bill payment facility for its Chennai-based customers on Sunday. The facility would enable account holders of Indian Bank to pay their power ...

EVENTS: Braving the chill
...

EVENTS: Handicrafts expo
...

EVENTS: ‘Regulation needed for microfinance’
Hyderabad, Jan. 4 Microfinance needs a lot of regulation in the country as the experience with private microfinance has not been very good, according to Mr Verghese K. Jacob, Chief Integrator and Lead Partner, ...

AUTOMOBILES: Changes in policy on import of select vehicles
New Delhi, Jan. 4 Foreign automobile makers can now export vehicles to India from places other than their country of manufacture. This is now possible consequent to the Commerce Ministry’s move to change the import policy on ...

SSI: SMEs need to focus on customers
...

TERRORISM: Impact on trade with Pakistan
As far as can be gauged, the immediate future of India-Pakistan relations is likely to be beset by problems drawing strong sustenance from the terrorist assault on Mumbai in November last year. This is a fair expectation given the evasive ...

FOREIGN DIRECT INVESTMENT: GDR vs FDI
Well, from a company’s point of view both have their advantages and disadvantages. GDR (Global Depository Receipt) is raised through public issues and, hence, is more expensive in terms of administrative expenses. But on the flip side ...

EDUCATION: Two-day CET in Karnataka
...

EVENTS: Petrotech to begin on Jan 11
Petrotech-2009, an international oil and gas biennial conference, will see 13 overseas, 273 exhibitors and about 4,000 speakers in its eight edition to be held in New Delhi from January 11 to 15. It is being organised by Indian Oil Corporation ...


Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




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Nifty (on Jan 02)3046.75(+13.30)
US Dollar (Buy/Sell)48.55/60
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Silver (a kg) Rs19,745


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In Focus
Who is hiring?

More

Other Top Stories
Stimulus package provides hope for infrastructure companies

Fall in sales of books, diaries

Impact on trade with Pakistan

Public shame adds to price of corruption

ONGC coal bed methane project faces further delay

Financial crisis is now B-school study material

Bonds zoom on surge in liquidity, weakening inflation

Looking back
Dec. 28-Jan. 3
Services ind maintains growth: FICCI

New panel to probe into Sasan power project bid row

Economy will bounce back faster, says Jhunjhunwala

No easy growth prescription for pharma industry in 2009

Spices exports up in value, volume

PE firms shy away from aviation companies

A roller-coaster ride for the media industry

Hiring dips sharply in Oct

Approval process for R&D related tax benefit decentralised

Posco may put India plans on hold

External debt down $1.2 b in Sept quarter

Shades of opinion on import of sugar, its timing

Multi-brand car after-sales service segment bucks recessionary trend

Liquor sector sees bubbly growth

Fog affects flight operations at Delhi airport, but why?

Cement industry hails move, but asks for more steps



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