The Hindu Business Line : Sunday, May 03, 2009

INDUSTRY & ECONOMY

ECONOMIC OFFENCES: ‘Swiss authorities refused to share data on stashed funds’
No slackening of efforts on our part: Govt’s affidavit in SC. New Delhi, May 2 The Centre has refuted allegations that it was slack in its efforts to bring back into India the funds stashed by Indian citizens in foreign banks, especially ...

SOCIAL SECURITY: New pension system to shield the aged
Citizens of India will now have an option of securing their post-retirement life with the New Pension Scheme established by the Government under the Pension Fund Regulatory and Development Authority ...

ECONOMY: Singapore’s strategy: Sops for cos to prevent lay-offs
Employees encouraged to upgrade skills during downturn. Recently in Singapore If you can’t keep them, train them. And get an incentive for it. That’s the strategy corporates in Singapore are adopting in the face of increasing ...

ECONOMY: Leasing their way out of the gloom
With the economic slowdown affecting every industry, those in Bangalore are looking at ways to mitigate the impact and also utilise their resources, especially real estate, to bring in some revenues. Real-estate spaces left vacant by ...

FOREIGN DIRECT INVESTMENT: The FDI story
The retail sector has seen tight control on FDI inflows. The primary bone of contention between advocates and opponents of FDI in retail has been on the fate of domestic retailers post the entry of overseas retailers. The argument was ...

ECONOMY: Sad tales aplenty… looking for a ray of hope
Recently in Singapore As one lands in Singapore airport, the slowdown in economy is evident. Last year, during the same period, if you had waited to take a flight to some Far-Eastern or southern hemisphere destinations, you could have seen ...

GLASS: Glass makers’ move to check reuse of old bottles
The All India Glass Manufacturer’s Federation (AIGMF) has decided to emboss the quarter and year of manufacture on bottles in order to curb the rampant reuse of old glass containers, according to the Federation’s ...

EVENTS: Weekly News Round-up
Mr Naresh Goyal-owned Jet Airways has terminated contracts of 50-odd cabin crew staff who were on probation, and about 50 contracts of employees who have superannuated. According to a Jet's spokesperson, the measure was to streamline costs in ...

COAL: ICVL may bid for a coal block in Mozambique
Kolkata, May 2 International Coal Ventures Ltd (ICVL) — an SPV created by five PSU majors including Coal India and SAIL — may bid for a coal block in Mozambique this ...

GEMS & JEWELLERY: Jewellery workshop at Manipal
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EDUCATION: YGen's aptitude tests
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