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Friday, January 23, 2009
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INDUSTRY & ECONOMY

EXPORTS & IMPORTS: Govt close to inking 10 lakh t DAP import deal
Delivery from March to July at $330-350 a tonne c&f. New Delhi, Jan. 22 The Centre is close to clinching the biggest-ever di-ammonium phosphate (DAP) import deal involving a quantity of 10 lakh tonnes ...

ECONOMY: Price of being historic first
Being a historic first entails both enjoyment of heady rewards and payment of a heavy price. The 44th President of the US, Mr Barack Obama, who was rather messily sworn in on January 20, being the first African-American to reach the dizzying ...

FERTILISERS: Examine viability of plants using naphtha, panel tells Fertiliser Dept
New Delhi, Jan. 22 An Empowered Group of Ministers (EGoM), deliberating on the commercial utilisation of gas to be produced by Reliance Industries Ltd’s D6 fields, has asked the Department of Fertiliser to examine the viability of some ...

EDUCATION: Career Launcher aptitude test
...

EDUCATION: CCCL and Sastra University tie up
...

INFRASTRUCTURE: UCO Bank to lend Rs 5,000 cr for infrastructure projects
Inks MoU with India Infrastructure Finance to pool resources, expertise. New Delhi, Jan. 22 UCO Bank aims to disburse Rs 5,000 crore in fiscal 2009-10 under its infrastructure financing activities. The bank had targeted infrastructure financing ...

PSU: Kerala CM urges Centre to speed up takeover of ITI unit
The Kerala Chief Minister, Mr V.S. Achuthanandan, has urged the Union Defence Ministry to speed up the process of taking over the unit of Indian Telephone Industries (ITI) ...

COURTS/LEGAL ISSUES: TN Govt can’t deny licence renewal to video theatres: HC
Chennai, Jan. 22 Setting aside a Tamil Nadu Government’s order Ms No. 1118 (Home – Cinema II Dept) dated August 18, 1998 denying renewal of licences to video theatres in the State, the Madras High Court has directed the authorities ...

AWARDS & HONOURS: Deepak Parekh is CNBC’s Outstanding Business Leader
Mumbai, Jan. 22 Mr Deepak Parekh, Chairman, HDFC, won the Outstanding Business Leader of 2008 while Reliance Industries Ltd won the Outstanding Company of the Year at the fourth edition of India Business Leader Awards. The awards were hosted ...

PETROLEUM: Govt can earn more if a higher price is set for KG gas, says Reliance counsel
Mumbai, Jan. 22 The Union Government stands to gain $ 3.3 billion in terms of additional royalty and profit petroleum if the gas from Reliance Industries controlled KG Basin is sold at $ 4.20/mbtu rather than $ 2.34/mbtu, said Mr Harish ...

EVENTS: It’s hot!
...

EVENTS: Tooltech expo
...

PHARMACEUTICALS: Drug firms not rocking Price Waterhouse boat, just yet
Mumbai, Jan. 22 A clutch of drug companies that have Price Waterhouse as its auditors, look unlikely to rock the boat just yet. Novartis, Piramal Healthcare and Hikal have had their board meetings since the Rs 7,000 crore accounting scam broke ...

ECONOMIC OFFENCES: CID focus on land dealings of Ramalinga Raju
Hyderabad, Jan. 22 The CID, investigating the Satyam financial scam is focussing on the land holdings of the family of Mr B. Ramalinga Raju, former Chairman of ...

ECONOMY: Inflation pronounced in South India
Bangalore, Jan. 22 Inflation in food articles might have abated after a relentless rise since July 2008, but it has taken its toll on the ordinary citizen, particularly in the southern States. These States have led the price increase between ...

EVENTS: Sandeep Silas, Private Secretary, Minister of Labour and Employment; Department of Management Studies, IIT Delhi
New Delhi, Jan 22 Long-term business results can be achieved only by developing people. Aligning motivation with work and personal goals can take an organisation to the helm, said Mr Sandeep Silas, Private Secretary, Minister of Labour ...


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




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Markets (Jan 22)
Nifty (at close)2,713.80 (+7.65)
US Dollar (Buy/Sell)49.15/16
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Silver (a kg) Rs19,405


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In Focus
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Damodaran questions quarterly result practice

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Govt close to inking 10 lakh t DAP import deal

Inflation pronounced in South India

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Looking back
Jan. 11-Jan. 17
UK investor to buy 86 units from Sunil Mantri Realty

Sum & substance of Chinese imports

India slips to 41st rank on Global Innovation Index 2008-09

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How did China reduce rural poverty?

Food Ministry plans easing raw sugar imports

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RIL seeks level playing field for restarting petro retail biz

Veg oil imports may slow down

Mumbai realty cos to showcase budget homes

Export of rice to African nations permitted

Questions over health cover renewal



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