The Hindu Business Line : Thursday, May 07, 2009

INDUSTRY & ECONOMY

REAL ESTATE & CONSTRUCTION: Tata Housing launches low-cost project
Mumbai, May 6 Tata Housing Development Company has launched a low-cost housing project at Boisar, which is about 80 km from ...

SOCIAL SECURITY: New pension choice
A year after it was introduced for central government employees, the New Pension Scheme for the general public quietly came into effect, appropriately on May 1, Labour Day. With attention riveted on the general elections and troubles across ...

SOCIAL SECURITY: New Pension Scheme: Doubts over initial success
Kolkata, May 7 Market players and mutual fund industry generally welcome the extension of the New Pension Scheme to all citizens from May ...

PHARMACEUTICALS: Bangalore gets pharma port office
Bangalore, May 6 The Health Ministry has opened a new port office for pharma exports and imports at the Bengaluru ...

STEEL: Essar Steel opens service centre for customised steel
New Delhi, May 6 Essar Steel will complete its expansion, adding 5 million tonnes per annum capacity of steel at its plant in Hazira, Gujarat by June 2010. This will take total capacity to ...

EVENTS: Govt may migrate to accrual accounting in 5 yrs
New Delhi, May 6 Accrual accounting may become a reality in Government within a five-year time frame. This emerged at a national round table conference on accrual accounting held in the Capital ...

COURTS/LEGAL ISSUES: Puducherry housing board staff entitled for bonus: HC
Chennai, May 6 The Madras High Court has held that the Pondicherry (Puducherry) Housing Board, a Union Territory undertaking, has to pay its employees the statutory minimum bonus guaranteed under Section 10 of the Payment of Bonus Act, 1965, ...

REAL ESTATE & CONSTRUCTION: Marg to deliver 330 flats in July
Chennai, May 6 Marg Ltd, whose subsidiary, New Chennai Township Pvt Ltd, is developing a mini-city 75 km south of Chennai, says it will deliver the first set of 330 apartments ...

HEALTH: Ocimum Bio’s test to detect swine flu
Hyderabad, May 6 As the swine flu fear continues to grip people and authorities screen visitors with flu-like symptoms from abroad, an Indian company has come up with a test to detect ...

HOTELS: IHCL to acquire more stake in Orient-Express Hotels
Mumbai, May 6 Indian Hotels Company Ltd has agreed to buy 2.25 million Class A shares of the US-based Orient-Express Hotel in which it had acquired a stake of 11.5 per cent for $247 million in ...

COURTS/LEGAL ISSUES: SC okays Tata Power, BEST purchase pact
Mumbai, May 6 The Supreme Court on Wednesday approved the July 2005 power purchase agreement (PPA) between the Brihanmumbai Electric Supply and Transport Undertaking (BEST) and Tata Power Company ...

HEALTH: Pictorial warning mandatory on all tobacco products from May 31
New Delhi, May 6 It will be mandatory for tobacco product manufacturers to display pictorial health warnings on all tobacco product packs from the end of ...

FERTILISERS: FAI Chairman of southern region
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PSU: Strategy to strengthen SCOPE
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