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Tuesday, March 24, 2009
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INDUSTRY & ECONOMY

COURTS/LEGAL ISSUES: Bombay HC rejects interim relief to Sony on IPL
Mumbai, March 23 With the Bombay High Court refusing to give interim relief to Sony on the broadcasting rights for IPL, the field could now be open to any broadcaster to bid for the money-spinning ...

EMPLOYMENT: ‘Friend’ly portal for job seekers
FREE SERVICE. Hyderabad, March 23 If you are one of those who lost your job due to recession, here is some good news. There are “friends” who wish to help you find a ...

EXPORTS & IMPORTS: Industry opposes zero duty import of white sugar
It will result in growers planting less area: ISMA chief. New Delhi, March 24 The Indian Sugar Mills Association (ISMA) has opposed duty-free import of white sugar into the country, claiming that factories are incurring losses despite a ...

REAL ESTATE & CONSTRUCTION: Garden City: DLF committed to refunding advance paid
Exit through ‘retrading’ process may take 4 months. Chennai, March 23 DLF Homes is committed to refunding the advance payments to those buyers who wish to exit the Gardencity residential project, according to Mr K.K. Raman, Executive ...

ECONOMY: Sunday brunches still entice Bangaloreans despite recession
Bangalore, March 23 Sunday brunches, the concept made popular by Bangalore’s five-star hotels, remain popular as ever despite the economic ...

RADIO/TV: DTH retailers also feel the exam fever!
Sales fall 50% in March; demand intact, companies insist. New Delhi, March 23 As the seventh direct-to-home service player, Videocon, gets ready to launch its service, parents are turning spoilsports — they are refusing buy until school ...

FOREIGN TRADE: ‘Liberalise mining, financial services sectors’
Trade with India has still to grow: Australian envoy. Chennai, March 23 The Australian High Commissioner in India, Mr John McCarthy, today called for further liberalisation in India’s mining and financial ...

ECONOMIC OFFENCES: ‘Govt should ask for identity of Swiss account holders’
$1.4 trillion lying in secret accounts, says Arun Shourie. Chennai, March 23 The former Union Minister, Mr Arun Shourie, on Monday said that the UPA government should answer the question as to why the government is not asking the Swiss ...

SOCIAL SECURITY: CII suggests more choice for those under ESI cover
Chennai, March 23 The Confederation of Indian Industry in Tamil Nadu will continue with the emphasis on social sector development to underpin sustainable and inclusive industrial growth, according to Mr C. K. Ranganathan, who recently took ...

CEMENT: Highway builders want ban on cement exports
New Delhi, March 23 National Highway Builders Federation (NHBF), a lobby body of highway developers, has alleged that cement manufacturers have been consistently increasing prices in the last few months instead of passing on the duty cuts ...

RURAL DEVELOPMENT: Venture Info set for pilot rural project
Coimbatore, March 23 Transaction processing and knowledge management company Venture Infotek is all set to enter the rural market with its ‘Venture Grama’ solution to facilitate banking services to ...

SSI: Cincom System’s quotation tool for small cos
Chennai, March 23 Now, a software to quickly prepare a quotation for a complex ...

INDUSTRY ASSOCIATIONS: CII draws up poll wish-list
Hyderabad, March 23 Consistency, rationalisation of taxation and making Andhra Pradesh the lowest taxed State in the country – these are some of the suggestions made in the CII Andhra Pradesh’s Common Minimum Economic Agenda for ...

TWO/THREE WHEELERS: Dealers do not see Nano denting 2-wheeler sales
New Delhi, March 23 Just hours before the Nano was officially launched, it was business as usual at two-wheeler dealerships of Hero Honda and Bajaj. Two-wheeler dealers exuded confidence that the world’s cheapest car would have no ...

PETROLEUM: Oil bonds for Rs 10,000 cr issued to 3 oil marketing cos
New Delhi, March 23 The Centre has issued oil bonds amounting to Rs 10,000 crore to three public sector oil marketing companies (OMCs). These special bonds, which carry a coupon of 8 per cent and mature in year 2026, are being issued ...

EDUCATION: Bobby Menon; St. Josephs College
Chennai, March 23 Personal mastery is the discipline of continually clarifying and deepening our personal vision, of focusing our energies, of developing patience, and of seeing reality objectively. As such, it is an essential cornerstone of ...

SSI: Patent filing for MSMEs
The Tamil Nadu State Council for Science and Technology will soon be taking the initiative to enable the micro, small and medium enterprises (MSMEs) to file for patents. According to Mr S. Vincent, Member-Secretary of the Council, the ...

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




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Markets (March 23)
Nifty (at close)2,939.90(+132.85)
US Dollar (Buy/Sell)50.45/46
Brent crude (a bbl) Rs2,496
Gold (a gram) Rs1,433
Silver (a kg) Rs24,005


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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Coalition is good politics, but bad economics

Industry opposes zero duty import of white sugar

DTH retailers also feel the exam fever!

IPL leaves advertisers dry as it moves out

‘Do not politicise holding of the Indian Premier League’

Ranbaxy facility gets UK, Australian clearance

Looking back
Mar. 15-Mar. 21
Unorganised workers in select sectors to be hit by slowdown

AAI unveils voluntary retirement scheme

Gold to be range-bound, crude poised to go up

Two-wheeler finance sector growth may inch up next fiscal

Rising tide of protectionism

Surging vegoil imports cripple solvent extraction units

Manufacturing cos find downturn a great teacher

Import of sensitive items up 33% in April-Dec 2008

Eastern States cash in on power shortages

Slowdown casts its shadow on pharma sector

India’s GDP to slowdown this, next fiscal too: IMF

Power, fuel constraints hit cement production

Top 10 advance taxpayers’ payout marginally up

India, China set up machinery to sort out trade irritants

US economy: Strong revival signs

Soya oil duty waiver raises doubts; windfall gains for some traders

Unctad stresses on monitoring of financial instruments

Smartbuy



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