The Hindu Business Line : Sunday, November 08, 2009

INDUSTRY & ECONOMY

DISINVESTMENT: BSNL staff protest divestment plan
New Delhi, Nov. 7 The employees union of Bharat Sanchar Nigma Ltd said that the Government’s proposal to list profitable PSUs was totally against the interest of the companies and the workers. BSNL is one of the PSUs mentioned in the ...

REAL ESTATE & CONSTRUCTION: Changing mood in realty
From aggressive fund-raising drives to alluring festival offers, sequential rise in sales volumes to frenzied hiring spree — the mood in the real-estate industry has suddenly ...

ENTREPRENEURSHIP: ‘Family businesses need to fire the spirit of entrepreneurship’
Must institutionalise CSR programmes. Chennai, Nov. 7 Family-owned businesses in the country have been a major source of entrepreneurship in the country over the years. Now, to fire the spirit of entrepreneurship in these businesses, they need ...

REAL ESTATE & CONSTRUCTION: Making room for the Games
Visitors to the Commonwealth Games in Delhi could find themselves short on accommodation. The authorities are trying alternative arrangements to increase supply ahead of the event, international property consultant, Jones Lang ...

TEXTILES: Rs 66,275-cr from TUFS has made mills competitive
All efforts on to turn National Textile Corp profitable. New Delhi, Nov. 7 The Textile Ministry’s flagship Technology Upgradation Funds Scheme (TUFS) has disbursed Rs 66,275 crore from its inception on April 1, 1999 till June 30, 2009 to ...

FOREIGN TRADE: India-Sweden sign pacts
India and Sweden have signed two Memoranda of Understanding for enhancing cooperation in the fields of Defence and environmental protection. The two MoUs were signed after talks between the Prime Minister, Dr Manmohan Singh, and his ...

REGULATORY BODIES & RULINGS: Power Exchanges caught in CERC, FMC cross currents
Look to power authority to ‘de-fuse’ situation. New Delhi, Nov. 7 The turf war between the Forward Markets Commission (FMC) and the Central Electricity Regulatory Commission (CERC) over regulatory jurisdiction has put the Power ...

TEXTILES: Textile exporters keen to explore ties with Europe
Textile and garment exporters in India are keen to explore ties with Europe for FDI, machinery, and market ...

PETROLEUM: Spot LNG players expect to grow despite rising gas production
RIL may stop taking supplies from Shell, Petronet by month end. Despite the spot LNG (liquefied natural gas) business being hit by the sharp rise in domestic natural gas production, most stakeholders in the business expect to post a growth due ...

PETROLEUM: Cabinet panel okays splitting of oil and gas block in Assam, Nagaland
New Delhi, Nov. 7 The Cabinet Committee on Economic Affairs (CCEA) has approved splitting of an oil and gas block falling in Assam and Nagaland operated by Canoro Resources Ltd into two so that the exploration that previously could not ...

EVENTS: Weekly News Round up
State Bank of India has snipped interest rates by 25-50 basis points on deposits up to five years duration. This is the second time in as many months that it has cut term deposit rates. Last month, the bank had reduced term deposit rates by 25 ...

POWER: Generation at key NTPC stations falters
New Delhi, Nov. 7 The delay in a coal import tender floated by MMTC Ltd has hit coal-based generation at key NTPC stations. The Kahalgaon and Farakka units are among thermal projects that have been forced to operate at around 50 per cent ...

ANTI-DUMPING: Probe into PVC paste resin dumping started
New Delhi, Nov. 7 The Designated Authority in the Commerce Ministry has started an anti-dumping investigation probe on the import of ‘Poly Vinyl Chloride Paste Resin’, also known as PVC paste resin, from China, Japan, South ...

HEALTH: Can investment portfolios pay health-care costs?
Health-care costs are a significant proportion of our lifestyle expenses. Yet, insurance companies do not typically cover costs incurred by individuals due to pre-existing illness. How can individuals hedge such ...