The Hindu Business Line : Friday, June 05, 2009

INDUSTRY & ECONOMY

DISINVESTMENT: Govt draws up plans for ‘people ownership of PSUs’
President outlines UPA’s broad reforms agenda. New Delhi, June 4 The Government is drawing up a roadmap for listing and divesting of its equity in public ...

DISINVESTMENT: Sensex breaches 15,000 on divestment news
Mumbai, June 4 The Sensex on Thursday closed above the 15,000-level for the first time in nine months as the new UPA Government indicated that divestment of public sector companies was on the ...

ECONOMIC OFFENCES: Sibal orders review of all deemed-to-be universities
New Delhi, June 4 Deficiencies with regard to the availability of qualified faculty and infrastructure have prompted the Human Resource Development (HRD) Minister, Mr Kapil Sibal, on Thursday to order the UGC to take up a review of ...

POWER: Pvt players line up power projects of over 25,000 MW
Eye coastal regions of TN, Karnataka, AP, Orissa. New Delhi, June 4 A bevy of private power promoters are waiting in the wings with firm proposals to set up more than 30 greenfield power projects with a collective generating capacity of well ...

ENVIRONMENT: A climate of change, finally
Chennai: Open the United Nations Environment Programme’s Web site and go to the page that deals with the World Environment Day. You will come across a ‘Do Something Daily’ tip — simple things you can do ...

TAXATION: Cameras, cell phones to be dearer in State
Value-added tax being raised from 4% to 12.5%. Prices of mobile, cordless, video phones as well as digital and video cameras are set to increase in Maharashtra with the Government hiking VAT (value-added tax) from four per cent to 12.5 per cent ...

ENVIRONMENT: Renewable energy seeks a place in the sun
Chennai: The mood in the renewable energy sector alternates between hope and despair. Every time there is a development that augurs well for the sector, players get upbeat and then wax eloquent about the potential that the ...

ENVIRONMENT: Ethanol: Time to blend policy with reality
Chennai: Nearly a decade after the Centre decided on an ethanol-blended petrol programme, it is yet to expand the supply countrywide despite a law that makes it mandatory. Lack of priorities, conflict of interest between ...

PSU: Air India hopes to cut costs by Rs 900 cr in a year
Mumbai, June 4 Air India proposes to introduce a set of measures that could bring down its operating costs by around Rs 900 crore in the next one year, said the airline’s new chief, Mr ...

BIO-TECH & GENETICS: Bangalore Bio to have big global presence
Bangalore, June 4 The ninth edition of Bangalore’s biotechnology event is to take place on June 18-20. Nearly 150 exhibitors from across the world, 700 delegates and 100 speakers are expected at this year’s Bangalore Bio, making ...

REAL ESTATE & CONSTRUCTION: Global property consultant RE/MAX to expand network
Chennai, June 4 RE/MAX, a US-based international property consultant, is expanding its network of franchisees in India to offer a range of real estate ...

ENVIRONMENT: Making environment a development issue
Chennai: “…India is ready to accept the obligation that our per capita emissions of CO{-2} will never exceed the per capita emissions of advanced developed countries. This should incentivise developed countries ...

INFRASTRUCTURE: Rs 8,000-cr sought for Bangalore
Bangalore, June 4 The Karnataka Government has urged the Centre to consider a special grant of Rs 8,000 crore to meet the infrastructure needs of ...

POWER: Bachat Lamp Yojana, yet to get glowing
ENERGY EFFICIENCY. New Delhi, June 4 The Centre’s effort to increase the use of the energy-efficient compact fluorescent lamps (CFL) across the country has at best been a dim success. CFL manufacturers, a key to the success of the ...

ENVIRONMENT: From sub- to super-critical, a power jump
New Delhi: Coal-based power stations have been a bugbear for ‘green’ lobby groups. But thermal generators are now beginning to clean up their act. Fossil fuel-fired power generation’s most perceptible and by ...

ALTERNATIVE MEDICINES: Sikkim plans to legalise collection of `Himalayan Viagra' herb
Sikkim is seriously considering following the footsteps of its ...

ENVIRONMENT: Chimney volcano?
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SSI: Banks urged to provide special relief to MSMEs
Kochi, June 4 The Deputy Governor of Reserve Bank of India, Ms Usha Thorat, has suggested that banks adopt favourable lending procedures towards micro, small and medium enterprises (MSMEs) badly hit by the economic ...

POWER: Expedite work on Uttara Kannada power project, Govt urged
Bangalore, June 4 The Centre has urged the Karnataka Government to expedite work on the proposed 4,000 MW ultra mega thermal power project at Tadadi in Kumta taluk of Uttara Kannada ...

FOREIGN TRADE: Preferential trade pact with S. American bloc takes effect
India–MERCOSUR preferential trade agreement (PTA) has come into effect from ...

NON-CONVENTIONAL ENERGY: Workshop on renewable energy
Mangalore, June 4 The Dakshina Kannada District Small Industries Association, in association with the Mangalore chapter of Association of British Scholars and the British Council, Chennai, will organise a workshop on ‘Renewable ...

INFRASTRUCTURE: Parry Infra Kakinada SEZ ready
Hyderabad, June 4 The Food Processing Special Economic Zone (SEZ) located at Kakinada in Andhra Pradesh, promoted by Parry Infrastructure Co Pvt Ltd, part of the Murugappa Group, is ready to ...

ECONOMY: UPA’s new agenda: Can it deliver?
New Delhi, June 4 There are few instances where a new Government desisted from declaring itself a champion of all causes in a bid to please all. Predictably, the address of the President of India, Ms Pratibha Patil, to the joint session ...