The Hindu Business Line : Monday, February 02, 2009

INDUSTRY & ECONOMY

REGULATORY BODIES & RULINGS: Central Drug Authority proposal shelved
Mumbai, Feb. 1 The proposal for a Central Drug Authority (CDA) seems to have been shot down, at least in its present ...

ECONOMY: Govt-RBI assessment says financial system essentially sound, resilient
New Delhi, Feb. 1 In what will be widely seen as a riposte to previous reports on the subject, the Government and the Reserve Bank of India will come out with their plan for financial sector development and reform in a couple of weeks from ...

HUMAN RESOURCES: Country’s talent pool makes a beeline for PSU jobs
HR-savvy PSUs now seen offering attractive careers. Bangalore, Feb. 1 In a recent recruitment drive for graduate engineers by Life Insurance Corporation of India, over 850 engineers applied for 40 ...

PETROLEUM: Centre to decide on cos to get KG basin gas
The Government of India would soon decide on which companies would receive natural gas from the Krishna ...

ECONOMY: Raising money in a recession
Strategies to mobilise start-up funds in an economic downturn. You’ve finally taken the plunge. Quit that steady paying job, roped in a couple of friends and started your own business. You’ve even squirrelled away some money to pay ...

EVENTS: Gujarat summit promises big push to port sector
The Fourth ‘Vibrant Gujarat Global Investors’ Summit’ (VGGIS), 2009, which concluded on January 13, has brought out the fact that industry — Indian and global — has begun to see the 1,600-km-long coastline of ...

REAL ESTATE & CONSTRUCTION: Provident Housing offers ‘affordable units’ near Chennai
Chennai, Feb. 1 Provident Housing, the wholly-owned subsidiary of Puravankara Projects floated to offer affordable housing, has announced the first of its affordable housing projects ...

HOTELS: Aeroshow swells demand for hotel rooms
Number of participants, displays much higher than previous years. Bangalore, Feb. 1The economic recession that has hit almost all sectors has not cast its evil eye on the defence sector, if hotel bookings for the Aero India 2009, Bangalore, from ...

SSI: Payment dues to small units: Banks not adhering to RBI guideline
Chennai, Feb.1 At a time when small-scale units are suffering as much from the delayed payment of their dues, if not more, from the economic slowdown, what is being heard in conference halls frequently is a guideline of the Reserve Bank of ...

PETROLEUM: IndianOil takes the contract route to woo talent
Kolkata, Feb. 1 IndianOil Company is trying to woo talent by offering “substantially higher compensation on ...

POWER: Inkel to enter hydro-electric generation sector
Thiruvananthapuram, Feb. 1 Infrastructure Kerala Ltd (Inkel), a company promoted by the State Government to take up development of infrastructure projects, is entering the area of ...

HUMAN RESOURCES: ‘Indian engineering graduates have global opportunities’
Indian engineering graduates have an opportunity to influence the world, according to Dr T. Ramasami, Secretary, Department of Science and Technology, Government of ...

REAL ESTATE & CONSTRUCTION: Finance Minister to discuss realty sector woes with PSB chiefs
New Delhi, Feb. 1 Restructuring of stressed real estate and MSME accounts is to form part of the discussions at the meeting of the Finance Minister, Mr Pranab Mukherjee, with chief executives of public sector banks (PSBs) here ...

ECONOMY: Reports lists reasons for not urging separation of debt management
New Delhi, Feb. 1 The Report of the Committee on Financial Sector Assessment has cited as reasons the higher fiscal deficit, the conflict of interest in Government managing its own debt, its ownership of the biggest buyers of such debt, ...

HEALTH: Gujarat lauded for health mission spend
The Union Government has lauded Gujarat for its performance in the utilisation of funds under the National Rural Health Mission (NRHM) programme, a government official ...

HEALTH: Celebrating life
...

POWER: Row over site for thermal plant in AP
The Forum for Better Visakha (FBV) has criticised the Union Ministry of Environment and Forests for allotting a new site for the proposed thermal power plant in the private sector in the vicinity of the Naupada-Tekkali creek in ...

INFRASTRUCTURE: Karnataka writes to Maytas Infra on 2 airport projects
New Delhi, Feb. 1 The Karnataka Government has written to Maytas Infra asking why the order giving them the right to develop greenfield airports at Gulbarga and Shimoga should not be ...

EDUCATION: M.R. Venkatesh, Chartered Accountant; Dhanalakshmi College, Mahabalipuram
Chennai, Feb. 1India gets approximately 97 per cent of its total investment through domestic sources. The balance three per cent is what constitutes foreign investment. Yet, it is this meagre foreign investment that gets a ...

EDUCATION: Education loan
Tuition fees are tax deductible under Section 80C but not the principal of education loan taken for the purpose, though interest thereon is deductible under Section 80E. I think this ...