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Friday, November 06, 2009
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INDUSTRY & ECONOMY

DISINVESTMENT: Directive on PSU listing opens disinvestment tap
Proceeds to directly fund social sector schemes till March 2012. New Delhi, Nov. 5 Giving its disinvestment programme a big push, the Centre has asked all listed, profitable central public sector enterprises (CPSEs) to meet the mandatory ...

COURTS/LEGAL ISSUES: RIL, RNRL allege contradictions in each other’s statements
A day after Mr Justice R.V. Raveendran withdrew from hearing the case citing potential conflict of interests, the Ambani brothers’ gas row started afresh in the Supreme Court on ...

SCIENCE & TECHNOLOGY: Experts moot regional climate research centre
Call to deploy high resolution global, regional climate models. New Delhi, Nov. 5 Establishment of a well-equipped regional centre for climate change research with multi-lateral cooperation is among the recommendations made by an expert panel at ...

INDUSTRY ASSOCIATIONS: Investments in AP remain only on paper, says Assocham
Nodal agency for speedy implementation of projects proposed. The investment take off has been very tardy in Andhra Pradesh, according to the Associated Chambers of Commerce and ...

POWER: Centre mulls second ultra mega power plant for Gujarat
Ahmedabad, Nov. 5 The Union Government is considering setting up of an ultra mega power plant (UMPP) at either of the four sites suggested by the Gujarat Government, namely, Porbandar, Kutch, Junagarh and Navsari, said Mr Bharatsinh ...

EVENTS: 35 cos at India fair in Argentina
At least 35 Indian companies are participating in the Festival of India exhibition being held at Buenos Aires, Argentina. The 10-day long festival aims to promote export of handicraft products and to develop brand image of Indian handicrafts in ...

NEWSPAPERS & PUBLISHING: ‘Govt committed to help magazine biz’
T he Minister of Information and Broadcasting, Ms Ambika Soni, assured the magazine industry that the Government is committed to proactively help the magazine business in India. Delivering her keynote address at the Indian Magazine ...

NON-CONVENTIONAL ENERGY: Solar policy soon
Tamil Nadu Energy Development Agency (TEDA) is focusing on the use of solar, biomass and biogas power, according to Mr R. Christodas Ghandhi, Chairman and Managing Director. The use of solar power in Tamil Nadu could not be quantified at present ...

EVENTS: Meet on control instrumentation
The Department of Instrumentation and Control Engineering of Manipal Institute of Technology will conduct the Control Instrumentation System Conference (CISCON09) at Manipal on November 6 and 7. A press release said here that about 60 ...

COURTS/LEGAL ISSUES: Kerala High Court’s green initiative
Last week the State Forest Minister Benoy Viswom hailed the decision of the Kerala High Court to set up a Green Bench to hear forest-related cases, which, he added, would beef up the efforts of both the government and the conservation movement ...

GEMS & JEWELLERY: Gem trade losing sheen on lack of Govt support
Coimbatore, Nov. 5 Tamil Nadu may be considered a treasure trove in gemstones, but this could become history if the potential is not tapped, say gem (stone) traders in the Kangeyam ...

AUTOMOBILES: Auto stocks accelerate after better-than-expected Q2 results
Kolkata, Nov. 5 Auto stocks are moving up after better-than-expected second quarter results. According to analysts, the market is cheering the growth in sales, new launches and improvement in margins. Analysts are also generally optimistic ...

TOURISM: Kerala Tourism woos Scandinavian visitors
Road shows being held across the region. Kochi, Nov. 5 A travel delegation from Kerala is currently on tour in Scandinavia to promote the State as a preferred holiday ...

EMPLOYMENT: 100% summer placement at IIM-K
Indian Institute of Management-Kozhikode (IIM-K) has announced 100 per cent summer placements for its ...

FOREIGN DIRECT INVESTMENT: Think London invites investments
Chennai, Nov. 5 Now is the time. Rents are down, talent is available cheaper, the exchange rate is favourable and Olympic Games are less than two years away with thousands of business contracts waiting to be ...

EVENTS: India International Trade Fair to focus on services sector
New Delhi, Nov. 5 The much-awaited event in the calendar of the Capital and the annual flagship feature of India Trade Promotion Organisation (ITPO) — the India International Trade Fair (IIFT) – will begin here on ...

EDUCATION: Certificate course for courier boys
Ahmedabad, Nov. 5 A certificate course for unorganised workers of the courier industry is being launched by medium scale company Maruti Courier Service Pvt ...

COAL: Coal India abandons plan to buy asset in Australia
Kolkata, Nov. 5Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a ...

COURTS/LEGAL ISSUES: Let’s not reduce this case to a street brawl: Salve
The verbal duelling between RIL senior counsel Mr Harish Salve and RNRL senior counsel Mr Ram Jethmalani intensified further on Thursday in the ...

POWER: India, EU likely to sign civil atomic energy agreement
India and the European Union (EU) are likely to sign an agreement on civil atomic energy during the upcoming India-EU summit on Friday, Ms Daniele Smadja, Ambassador and Head of the Delegation of the European Commission to India, has ...

EDUCATION: KPMG joins hands with NIIT Imperia
New Delhi, Nov 5 Auditing and tax advisory firm, KPMG has tied up with NIIT Imperia to launch an Advanced Certificate Programme on International Financial Reporting Standards (IFRS). The six-week certificate programme commences on December ...

TAXATION: Direct tax collections up 6% in Oct
The Centre’s net direct tax collections grew 6 per cent in October at Rs 20,822 crore (Rs 19,708 ...

TOURISM: Seasonal migration
...

ALTERNATIVE MEDICINES: India needs to adopt traditional healthcare system: Pitroda
New Delhi, Nov. 5 The National Knowledge Commission’s Chairman, Mr Sam Pitroda, on Thursday said that there is a need to adopt the traditional Indian model in the healthcare system, for a comprehensive solution to shortcomings in ...

EVENTS: Need for more project managers stressed
The Project Management Institute of India is tailoring an action plan aimed at increasing the supply of qualified and skilled project managers in the existing pool, which is way behind requirement for the mega projects in ...

REAL ESTATE & CONSTRUCTION: Tatas going global with low-cost housing
The Tatas are giving a global perspective to their successful affordable housing model, which was launched in Mumbai. Mr Ratan Tata, Chairman of Tata Sons, said that Tata Housing has got enquiries for replicating the Mumbai housing model ...

EVENTS: Expo on municipal services
...

PSU: PSU football tourney
...

HEALTH: Health coordinators at Sabarimala
The State Government has appointed coordinators to oversee health and welfare activities at Sabarimala and Pampa during the next pilgrim season. According to an official release, the Director of the National Rural Health Mission, Mr Dinesh ...

INDUSTRY ASSOCIATIONS: New team at foundry body
Mr A. Sivashanmugha Kumar has been elected President of the Coimbatore Tiny & Small Foundry Owners Association (COSMAFAN) for 2009-10. The other office-bearers elected are Mr C. Thangaraj (Secretary), Mr K. Ramaraj (Treasurer) and Mr S. ...

Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




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Markets (Nov 05)
Nifty (at close)4,765.55 (+54.75)
US Dollar (Buy/Sell)47.02/03
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Looking back
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