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Friday, April 17, 2009
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INDUSTRY & ECONOMY

EXPORTS & IMPORTS: Coffee exports decline on low demand
Drop mainly in the high-cost instant coffee segment. Indian coffee exports have shown a significant drop so far this year on low demand said to have been caused by the current global economic ...

REAL ESTATE & CONSTRUCTION: ... seek rent-free periods, cut in rentals
New Delhi, April 16 Developers and retailers are trying to cobble up a deal to ensure that both sides are protected against slowdown ...

REAL ESTATE & CONSTRUCTION: Builders accuse cement cos of unfair practices
Say prices have gone up due to cartelisation. Mumbai, April 16 The Builders Association of India has alleged that cement prices had risen by Rs 15-30 a bag on account of ‘cartelisation’ among ...

EVENTS: Kerala Chamber plans world investors’ meet in Kochi
Platform to explore investment opportunities in rural areas. Kochi, April 16 The Kerala Chamber of Commerce and Industry has evolved an action plan to create awareness and bring in potential investors who can contribute to the comprehensive ...

EDUCATION: Arena Animation ties up with Manonmaniam Sundaranar varsity
To offer degree course in multimedia, animation. Chennai, April 16 Arena Animation, the animation and multimedia training business of Aptech Ltd, will offer a B.Sc degree course in multimedia and animation programme in association with the ...

INDUSTRY ASSOCIATIONS: CII Madurai Heritage Walk
Madurai, April 17 The Confederation of Indian Industry (CII), Madurai Zone is organizing ‘Madurai Heritage Walk’ on April 19, to showcase the importance of preserving heritage spots in Madurai. Along with the stakeholders, the ...

MEDICAL & SURGICAL EQUIPMENTS: Clinical research industry thriving despite slowdown
100% placement for ICRI students. ‘There is no recession here.’ It’s a different refrain from the clinical research industry about its ...

PETROLEUM: Shell’s spot LNG drops to domestic natural gas price level
May decline further to US, European benchmark rates on recession. Kolkata, April 16 For long domestic natural gas production was the cheapest source of gas in India but no ...

ECONOMY: Nuts and bolts of revival
A close look at industrial output data since 2004, when the good times began, suggests that the present downturn is not entirely due to the slowdown. There can be no denying that basic chemicals, metals and alloy industries, rubber, plastic ...

HOTELS: Terror cover: Final claims from Mumbai hotels may be at Rs 500 cr
To substantially dent terror pool corpus. Kolkata, April 16 The insurance claims of Mumbai hotels damaged in the 26/11 terror attack may be less than the earlier estimate of Rs 600 crore, according to Mr Alok Agarwal, Director-Corporate, ...

INDUSTRY ASSOCIATIONS: Corporate heads sign CII’s code for ecologically sustainable growth
Madurai, April 16 Corporate heads signed the code for ecologically sustainable business growth evolved by the Confederation of Indian Industry (CII), in confirmation of their voluntary commitment to work towards conserving natural ...

ANTI-DUMPING: Dumping duty on sodium hydrosulphite imports from Germany, S Korea
New Delhi, April 16 The Finance Ministry has imposed definitive anti-dumping duty on sodium hydrosulphite imports from Germany and South Korea. This duty is applicable for five years. Imports of sodium hydrosulphite from these two countries ...

PHARMACEUTICALS: AstraZeneca launches cholesterol drug Crestor
Bangalore, April 16 AstraZeneca’s blockbuster statin drug, Crestor, has hit the ...

ECONOMY: Is TDP’s cash-transfer scheme bankable?
Visakhapatnam: That the Telugu Desam Party, headed by Mr N. Chandrababu Naidu, is desperate to recapture power in Andhra Pradesh and also play a major role at the national level is apparent from its promise to give ...

TAXATION: FICCI seeks timely refund of VAT claims
New Delhi, April 15 FICCI has brought to the notice of the Director-General of Foreign Trade the shortages in the fund faced by the ...

FOREIGN TRADE: CII forum to facilitate networking with Chinese cos
New Delhi, April 16 The shutting down of small scale export-oriented enterprises and cutting down of workforce under the impact of the global financial crisis is evident in the fall of bilateral trade between India and China by 37 per cent ...

EDUCATION: K. Krishna Gopal, Founder and Chief Executive, New Deal Advertising Company; NGM College, Pollachi
Coimbatore, April 16 Market research plays a crucial role in determining the success of a product and companies have to be careful even in choosing the name for products, according to Mr K. Krishna Gopal, Founder & Chief Executive, New ...


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




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Markets (April 16)
Nifty (at close)3369.50(-114.65)
US Dollar (Buy/Sell)49.77/78
Brent crude (a bbl) Rs2,568
Gold (a gram) Rs1,342
Silver (a kg) Rs21,785


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Apr. 5-Apr. 11
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Life



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