The Hindu Business Line : Friday, March 13, 2009

INDUSTRY & ECONOMY

HOTELS: Krishnan’s Leelas
It’s a love affair that began late in life and grew in strength over the years for septuagenarian hotelier C.P. Krishnan Nair.. He is 88 years young, quite literally. Capt C.P. Krishnan Nair, the septuagenarian Chairman of the Leela Group, ...

ECONOMY: Inflation is down, but so is industrial output
January sees some growth
Turnaround in capital, consumer goods sectors. New Delhi, March 12 Industrial output showed a dip for the second month in a row, the decline being 0.5 per cent in January 2009. Led by a continuing downturn in the manufacturing and mining ...

ECONOMIC OFFENCES: E-registry of mortgaged homes on cards
IBA move could bring down housing loan frauds. Mumbai, March 12 In a bid to overcome the menace of home loan frauds, the Indian Banks’ Association (IBA) proposes to set up a committee to work out the modalities for establishing a central ...

GEMS & JEWELLERY: All that glitters could be imitation jewellery
Costlier gold forces customers to turn to artificial wear. Mumbai, March 12 All that glitters is not gold. Your neighbour may be flaunting painstakingly designed jewellery that may bowl you over. But, look twice, for all you know it may be ...

ANTI-DUMPING: US cuts dumping duty on Indian shrimp imports
Rates slashed to 0.79%; final review findings in July. Kochi, March 12 The preliminary findings of the Third Administrative Review on anti-dumping duty for Indian shrimp exports to the US have slashed the rates sharply to 0.79 per ...

AUTOMOBILES: Centre plans second stimulus for auto sector
State Transport Corpns to be given incentive for replacing overage buses. Bangalore, March 12 The Government is considering another stimulus package for the automobile sector, which will lead to replacement of about 40,000 buses of State ...

HUMAN RESOURCES: Encourage mobility of people, products: World Bank
New report calls for geographic concentration of production. New Delhi, March 12 Population shift from villages to cities is natural and should be encouraged, says a new economic report from the ...

POWER: CII voices concern over power cut impact on AP industries
Visakhapatnam, March 12 The Confederation of Indian Industry (CII), Andhra Pradesh, has expressed concern over the power cuts in the State and urged the Government to address the issue urgently, as otherwise it will prove crippling to industry ...

TAXATION: Satyam still has ‘significant’ TDS dues
I-T Dept probing into non-deduction of TDS from some salaries. Hyderabad, March 12 Satyam Computer Services is yet to pay old dues of TDS (Tax deducted at source) cut from the ...

ECONOMY: Import growth continues to show downward trend in Feb
New Delhi, March 12 Quick estimates of foreign trade figures for the month of February 2009 show that import growth rate decline continued for the second month in succession by close to 19 per cent in dollar terms, following an 18 per ...

WATER: Concern over treating water as commodity
Thiruvananthapuram, March 12 The drinking water supply sector faces the threat of commercialisation, according to Ms Santha Sheela Nair, Secretary at the Union Department of Drinking Water Supply in New Delhi. Mindless privatisation of ...

LEATHER: Bid to get IT into small leather units
Chennai, March 12 Imagine this: a German department store chain asks a footwear manufacturer in Chennai to deliver a consignment of shoes to its warehouse in Europe at a specific hour on a specific day. If the exporter misses the deadline, ...

PETROLEUM: With time running out, oil refiners await compensation package
Cos worried as polls loom and Cabinet unlikely to take key decisions. Mumbai, March 11 With less than three weeks to go before the fiscal year draws to a close, the navratna trio of Indian Oil Corporation, Hindustan Petroleum Corporation and ...

PHARMACEUTICALS: Centre to upgrade Drug Controller office in Gujarat
Ahmedabad, March 12 The Centre has decided to upgrade the status of the Drug Controller’s office in Gujarat to zonal office keeping in view of the concentration of pharmaceutical, medical devices and growing clinical research ...

ECONOMY: Pilot ID card project at Karnataka village
Mangalore, March 12 Sasihithlu, a village in Dakshina Kannada district, has been selected to implement the pilot project of National Identity Card programme, said Mr V. Ponnuraj, Deputy Commissioner of the ...

TAXATION: ‘About 100 cos have not paid TDS in AP’
Hyderabad, March 12 About 100 companies have not paid the tax deducted at source (TDS) in ...

WATER: Governor lauds theme
Thiruvananthapuram: Delivering his address at the valedictory function of the conference, the Kerala Governor, Mr R. S. Gavai, observed that the theme for this year’s World Water Day, ‘Shared Water – ...

ENTREPRENEURSHIP: Technopark incubator centre set up in Bangalore
Thiruvananthapuram, March 12 Technopark Thiruvananthapuram has expanded its entrepreneurship development activities to ...

EVENTS: Montek leads Indian delegation for G-20 meet
The Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia, is leading the Indian delegation for the meeting of G-20 Finance Ministers in the UK on ...

MARKETING RESEARCH: Poor infrastructure dampens growth of firms: Survey
Mumbai, March 12 A global infrastructure survey indicates that 77 per cent business executives fear there will not be enough infrastructure investment to support the long-term growth of their organisations. Further, 80 per cent of them ...

EXCISE AND CUSTOMS: Excise Dept hopeful of achieving revised target
Chennai, March 12 The Department of Central Excise and Service Tax expects to achieve its revised target of Rs 2.8 lakh crore collection of customs, service and central excise taxes for the current financial year, according to Mr V. ...

EDUCATION: Ms T.K. Geetha, Director, DSI Technology India (P) Ltd; SNS College of Technology
Coimbatore, March 12 The hidden entrepreneurial potential of women has been gradually changing with growing sensitivity to the role and economic status in ...

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