The Hindu Business Line : Wednesday, July 08, 2009

STATES

ANDHRA PRADESH: Maytas-led consortium loses Hyderabad metro deal
AP says co failed to meet contractual obligations in time. Hyderabad, July 7 The Andhra Pradesh Government today cancelled the Rs 12,132-crore Hyderabad metro rail project contract awarded to the Maytas Infra-led consortium for failing to meet ...

TAMIL NADU: TN to make guideline value of land statutory
Registration of power of attorney instruments to be made compulsory. Chennai, July 7 The Tamil Nadu Government plans to give statutory backing to the guideline value as fixed by the Registration ...

ANDHRA PRADESH: Budget lacks imagination: Analysts
Although the Union Budget presented by the Finance Minister, Mr Pranab Mukherjee, on Monday set the Indian economy on the right track in the current global scenario, it lacked imagination and some bold initiatives. This was the general ...

MAHARASHTRA: Rise in core sector spends likely to benefit realty indirectly
Mumbai, July 7 While most real estate developers were disappointed with the Budget, a few realtors and global property service provider Jones Lang LaSalle Meghraj stated that increased infrastructure spends would indirectly benefit real ...

KERALA: Kerala Tourism’s Net initiative launch today
Bid to woo tech-savvy travellers. Kerala Tourism will unveil a slew of Internet-based initiatives for both tourists and the travel trade on ...

MAHARASHTRA: Bahrain Air begins Mumbai operations
Bahrain Air commenced operations from Mumbai on Monday. This is the third destination that the privately owned National Carrier of Bahrain started from India. The low-cost carrier with offerings of Premium and Economy class already flies ...

KARNATAKA: Karnataka Bank enters Bihar
Karnataka Bank Ltd has made its entry into Bihar with the opening of a branch at Patna. A bank release said here that with the opening of 448th branch of the bank in Patna, the bank now has presence in 20 States. Inaugurating the branch, ...

KARNATAKA: Higher State grants to offset fall in tax transfers
Bangalore, July 7 The slowdown has hit statutory transfer of tax revenues to States, but grants and loans to the States are slated to offset this fall. The increase in funds transfer under grants is primarily for non-Plan purposes. Unlike ...

KERALA: CII-Kerala hails Budget proposals
Kochi, July 7 CII-Kerala has said that the Union Budget is reform-oriented and would propel revival of the economy with more thrust on infrastructure and rural ...

TAMIL NADU: ‘Budget is positive for farm pumps sector’
Coimbatore, July 7 The allocation to rural electrification and the farm sector will give a boost to the demand for pumps and benefit the pump industry in Coimbatore, said Mr Jayakumar Ramdass, President, the Southern India ...

TAMIL NADU: ‘Little stimulus for textile sector’
Coimbatore, July 7 The Budget has failed to offer any stimulus to the textile industry that is reeling under the impact of recession, according to the Indian Chamber of Commerce and ...

KARNATAKA: Karnataka Cabinet okays new biotech policy
Bangalore, July 7 The Karnataka Cabinet on Monday approved the revised biotechnology policy that includes a Rs 100-crore fund for manufacturing companies and Rs 50-crore corpus ...

TAMIL NADU: Desalination proposal gets nod
Chennai: The Tamil Nadu Government has accorded administrative sanction for the Rs 914-crore desalination plant at Nemmeli to the south ...

KARNATAKA: More funds for Bharat Nirman, NREGA to boost rural growth
Mangalore, July 7 The increase in allocation to Bharat Nirman and NREGA in the Union Budget will help boost rural economic growth, according to the representatives of trade and industry ...

ANDHRA PRADESH: Kanakamahalakshmi bank aims for Rs 100-cr deposits
Kanakamahalakshmi Co-operative Bank here is taking over the Palacole Town Co-op Bank in West Godavari district, which is in losses, and turn it around in a year or two, according to Mr P. Raghunadha Rao, ...

ANDHRA PRADESH: For recycling
...

ANDHRA PRADESH: Budget Talk
‘Budget Talk-2009’, an event featuring experts to analyse the Union Budget organised by BL Club, will be held on Wednesday at the Villa Marie P.G. College ...

KERALA: Students to assess quality of goods
Teams of students will be deployed to assess the quality and weights and measures of products being sold in the open market in Kerala, according to the Minister for Consumer Affairs, Mr ...

KERALA: Pepper futures continue to fall
Kochi, July 7 Pepper futures on Tuesday witnessed high volatility and eventually closed easier on ...

MAHARASHTRA: Budget outlay for Mumbai’s drainage plan not sufficient
Mumbai, July 7 The Budget announcement of an additional Rs 300 crore to speed up work on the Brihanmumbai Storm Water Drainage Project could just end up being a drop in the ocean as a lot more money would be needed for this exercise. All in ...

MAHARASHTRA: ‘Well-crafted test match, rather than a 20-20 knock ’
“The Finance Minister has played a well-crafted test match innings, rather than a 20-20 knock…The removal of the fringe benefit tax is good news for the corporate sector. Several policy initiatives, including major tax reforms, ...

KARNATAKA: Corp Bank opens branches
...

KERALA: Panasonic sets Onam target
P anasonic India has announced an exchange and upgrade offer for consumers in the State during the Onam season. Old colour TV sets can be exchanged for new CTV, LCD or plasma TV sets. Mr Hidenori Aso, Managing Director, Panasonic India, ...

KERALA: Seminar on e-governance
Public sector undertakings in the State should finalise their IT strategies and implementation plans at the earliest, said the State Industry Minister, Mr Elamaram Kareem. Speaking at a seminar on ‘Electronic governance approaches ...

ANDHRA PRADESH: Hyderabad airport: cases quashed
...

ANDHRA PRADESH: Vizag port, RITES sign pact
...

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