The Hindu Business Line : Sunday, June 21, 2009

INDUSTRY & ECONOMY

ECONOMY: Reading the recovery
Investors looking for signs of recovery in India’s industrial landscape have been surprised by green shoots turning into flourishing foliage, in recent months. By now, some key sectors such as cement, passenger cars, two wheelers and ...

PSU: Govt help could come with strings attached: AI chief
TOUGH CALL. New Delhi/Mumbai, June 20 The Air India Chairman and Managing Director, Mr Arvind Jadhav, has asked the airline’s 31,500 employees to rise to the challenge that the current financial crisis ...

INFRASTRUCTURE: Build on core for growth
Against the backdrop of the global economic slowdown and absence of private sector spending, construction companies are increasingly looking to the Government to increase infrastructure spending for their sustenance . Construction component ...

ANTI-DUMPING: Dumping duty mooted on polypropylene imports
Based on a petition filed by Reliance Industries. New Delhi, June 20 Based on a petition filed by Reliance Industries Ltd (RIL), the Designated Authority in the Commerce Ministry has recommended imposition of provisional anti-dumping duty on ...

ECONOMY: Different cycles for different sectors
Tracing India’s index of industrial production (IIP) over the past two years tells the complete story of how the slowdown and the subsequent recovery unfolded. Industrial activity, which grew strongly between 2006 and early 2008, scaled a ...

POWER: NPCIL embarks on marketing drive for reactors
Kazakhstan, South East Asian, African nations are on radar. New Delhi, June 20 Nuclear Power Corporation of India Ltd (NPCIL) has embarked on a marketing blitz to hard-sell its mainstay 220 MWe and 540 MWe ...

SSI: A ‘gateway’ for tech SMEs
Shriram Properties and Infrastructure Pvt Ltd (SPIL), the developer of the IT SEZ, Shriram The Gateway, is tailoring its latest IT tower to suit the needs of small and medium players in the ...

REAL ESTATE & CONSTRUCTION: FIRE Arcor’s township in Nagpur
FIRE Arcor Infrastructure Pvt Ltd has announced the launch of an integrated township in Nagpur with a project outlay of over Rs 1,000 crore ($200 million), according to a press release. With more than 6 million sq.ft of built-up area, ...

CINEMA: CCI still zoomed on film producers over cartelisation charges
Issue settled with complainant Multiplex Association, but case still being heard. The multiplex association and film producers have called a truce, but the Competition Commission of India (CCI) continues to look into charges of ...

FOREIGN TRADE: Nod for MoU with UK Customs
The Union Cabinet has approved the text of a new memorandum of understanding (MoU) to be signed between India and the UK for enhanced cooperation in combating Customs-related offences. The MoU will help the Indian authorities get ...

ECONOMY: Economy will grow at 6.5% this fiscal: Rangarajan
Nitte (Udupi dt.), June 20 Dr C. Rangarajan, economist and Rajya Sabha MP, who has expressed the opinion that the Indian economy will grow at 6.5 per cent during the current financial year, feels that the world economic situation can improve ...

ECONOMY: Fund managers set store by Chinese growth
Thiruvananthapuram, June 20 Investors are basing their strategy around optimism over Chinese growth and emerging markets performance, according to the Merrill Lynch Survey of Fund Managers for ...

NON-CONVENTIONAL ENERGY: Suzlon looks to cut manufacturing costs for REpower
Chennai, June 20 Suzlon Energy Ltd, which now controls about 91 per cent of REpower Systems AG of Germany, plans to reduce costs for the German wind turbine manufacturer by sourcing parts from low cost ...

POWER: NLC wants market prices for its power
Chennai, June 20 Public sector Neyveli Lignite Corporation (NLC) Ltd is not too happy with the cost-plus tariff fixation by the Central Electricity Regulatory Commission (CERC), as its depreciated plants fetch tariff that is much lower than ...

EVENTS: Weekly News Round up
The Bombay High Court has asked Reliance Industries to supply 28 million metric standard cubic metres per day of gas from its Krishna-Godavari basin to Reliance Natural Resources Ltd for $2.34 per million metric British thermal unit. The pricing ...

EDUCATION: Interest of all stakeholders, key to viable business
Kochi, June 20 As part of its endeavour to achieve excellence in management education, IIM Kozhikode has started the “Thought Leadership Seminar Series,” under which the institution would invite leading thinkers and ...

PETROLEUM: Long-term deals in oil proposed
New Delhi, June 20 Energy transport infrastructure should be financed by international financial institutions such as the World Bank, suggested Mr Jitin Prasada, Minister of State for Petroleum and Natural Gas during the First ASEM ...