The Hindu Business Line : Friday, May 15, 2009

INDUSTRY & ECONOMY

PSU: Doordarshan plans to offer Mobile TV services
Pvt-public partnership route favoured; consultant to draw up roadmap. New Delhi, May 14 State broadcaster Doordarshan has decided to offer mobile television services on a private-public partnership (PPP) basis. It has invited expressions of ...

ECONOMY: RBI survey of forecasters predicts 5.7% GDP growth
Mumbai, May 14 The real gross domestic product (GDP) growth for the current fiscal will be 5.7 per cent, the latest survey of professional forecasters by the RBI says. This is lower than the central bank’s 6 per cent projection in ...

EXPORTS & IMPORTS: N-reactors: Kazakhstan likely to be first customer
Joint cooperation in uranium mining to be explored. New Delhi, May 14 India’s efforts to develop an export market for the indigenous 220 MWe Pressurised Heavy Water Reactors (PHWR) could take-off soon, with Kazakhstan possibly the first ...

CARS: Maruti, Hyundai seek to ride on Europe benefits
Govts offering ‘scrapping incentives’ for new, fuel-efficient cars. Chennai, May 14 Maruti Suzuki and Hyundai Motor India are looking to benefit from fiscal incentives being offered by European governments to kickstart ...

RADIO/TV: Zee TV viewership ratings get closer to Max
Ad revenues continue to be under pressure. Mumbai, May 14 While most general entertainment channels (GEC) are reeling under the IPL effect, Zee TV is getting closer to SET Max in terms of viewership ...

POWER: Equipment failures cost TNEB dear
Outages at Ennore, Tuticorin could result in loss of 250 m units. Chennai, May 14 At a time when the State is reeling under a severe power shortage, equipment failures are costing the Tamil Nadu Electricity ...

REAL ESTATE & CONSTRUCTION: Asian property sales fall 83% in Q1: Survey
Weak investor appetite for risk cited as reason. Mumbai, May 14 The Asian property investment market has recorded an 83 per cent fall in sales (quarter-on-quarter) in the first quarter of 2009, from $18.02 billion to $3.1 billion, according to a ...

PSU: ‘CPSEs must ensure transparency’
The chief executives of public sector enterprises should ensure transparency and accountability in their organisations, the Central Vigilance Commissioner, Mr Pratyush Sinha, has said. Addressing the SCOPE interactive meeting with CEOs of ...

POWER: TNERC hikes tariff for power from bagasse
Chennai, May 14 The Tamil Nadu Electricity Regulatory Commission has hiked the tariff for bagasse-based cogeneration to Rs 4.38 a unit from Rs ...

ECONOMY: Sovereign ratings hinge on fiscal policy, says Fitch
New Govt needs to focus on additional stimulus. Thiruvananthapuram, May 14 The new Government at the Centre will have a tough time balancing the competing needs for short-term stimulus measures and re-establishing a sustainable medium-term path ...

REGULATORY BODIES & RULINGS: DTH service: TRAI told to fix add-on channel rates
New Delhi, May 14 The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has asked the Telecom Regulatory Authority of India (TRAI) to fix prices of add-ons, or channels offered individually in Direct-to-Home (DTH) ...

MEDICAL INSTITUTIONS & HOSPITALS: IFC extends finance to Apollo Hospitals, Max India
Healthcare cos’ expansion projects. Chennai, May 14 The International Finance Corporation, the private financing arm of the World Bank, is extending finance to two healthcare companies — Apollo Hospitals Enterprise Ltd and Max India ...

EDUCATION: A common aim
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REAL ESTATE & CONSTRUCTION: Nahar Group launches mid-segment housing
Mumbai, May 13 The Mumbai-based Nahar Group, which focuses more on premium housing, has now launched mid-segment housing at Rs 5,252 a square foot at Powai (an upmarket suburb) on the same property where its premium range is being ...

WTO: Doha Round: Negotiations unlikely before Feb 2010
New Delhi, May 14 The commodities on which India has levied safeguard duty is less than 0.6 per cent of total imports, said the Commerce Secretary, Mr G.K. Pillai. He was responding to a query on whether India was being protectionist at a ...

ANTI-DUMPING: Safeguard duty & its use…
New Delhi, May 14 At a time when the country’s industrial growth has been distinctly on the downside with its worst performance in fiscal 2008-09, the Standing Board of Safeguard found it expedient to defer its final call for a couple ...

REAL ESTATE & CONSTRUCTION: Mirah Group puts projects on hold till September
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Columnists: • B Venkatesh • C Gopinath • Bhanoji Rao • P.V. Indiresan