The Hindu Business Line : Friday, November 13, 2009

INDUSTRY & ECONOMY

ECONOMY: Capital goods power industrial growth in Sept
IIP up 9.1% in Sept; consumer durables segment grows 22%. New Delhi, Nov. 12 A firm recovery in the country’s industrial output appears to be under ...

TEXTILES: Jute geotextiles emerging the new thrust area
India, Bangladesh to conduct field trials to test effectiveness. From conventional sacking to modern lifestyle products such as fashion accessories, from automobile dashboards to use in road construction, the golden fibre jute has a bewildering ...

CLIMATE & WEATHER: Arabica output to fall 10-15% on rain, labour shortage
Robusta crop largely unaffected. Bangalore, Nov. 12 The heavy rain in recent days has inflicted damage on the harvested arabica coffee variety, while improving the prospects of standing crop ...

NON-CONVENTIONAL ENERGY: Solar city among 5 major projects coming up in Guntur
Guntur, Nov. 12 Five major industries are coming up in Guntur district, including a solar city near Gurazala, according to Mr. K. Lakshminarayana, Minister for Major Industries, who hails from ...

ECONOMY: Lessons from global auto crisis
Despite being a late comer to industrialisation, India’s story is remarkable in terms of it becoming a global hub for small car production and the world’s ninth largest producer of automobiles (Organisation Internationale ...

ECONOMY: Food inflation climbs to 13.68%
Prices of vegetables, pulses soar. New Delhi, Nov. 12 Doubling of potato prices and onions becoming costlier by 42.58 per cent on an annual basis led to the food inflation climbing to 13.68 per cent for the week ended October 31, from 13.39 per ...

TRADE & LABOUR UNIONS: Industry proposes 51% workers’ vote for strike call
Wants dilution of Industrial Disputes Act. New Delhi, Nov. 11 Workers in North India planning to go on strike may have to get the proposal cleared by ballot of 51 per cent of the workmen in the establishment. At the moment, workers planning to ...

TEXTILES: Export orders bring colour back to spinning mills
Demand picking up in Europe, US markets. Colour appears to be returning to the faded business fabric of the Indian spinning mills, as an easing of recessionary pressures are making Europeans and Americans return to garment stores to check out ...

NON-CONVENTIONAL ENERGY: Applied Solar sees more potential in rural electrification
Hyderabad, Nov. 12 Applied Solar, part of the diversified Applied Materials group, sees a major opportunity unfolding in the country’s rural electrification which has the potential to rapidly empower those dependent on diesel ...

REAL ESTATE & CONSTRUCTION: Delhi is best bet for realty developers, investors: Report
Mumbai, Nov. 12 Delhi continues to be the preferred choice of developers and investors for real estate with fast-paced improvements in physical infrastructure, emerging flyovers, underpasses, pedestrian walkways, high-capacity buses, hotels ...

FOREIGN TRADE: Taiwan textile fair
Taiwan is eyeing the Indian market to export its specialty fabrics. The Taiwan Textile Federation is organising a two-day textile fair in Bangalore. On display are specialty fabrics such as anti-bacteria, anti-perspiration fabrics, protective ...

SSI: Delhi to host global SME meet
Small and medium enterprises (SME) from across the globe will converge in Delhi in December for the World SME Congress. The event slated to take place from December 16-17, will feature 500 delegates from five continents and 60 national ...

ENVIRONMENT: Australian PM announces $1 m contribution to TERI
New Delhi, Nov. 12 The Australian Prime Minister, Mr Kevin Michael Rudd, has announced $1 million contribution to The Energy and Resources Institute (TERI) towards technical cooperation in renewable energy, energy efficiency, and water ...

ECONOMY: Vegetables, pulses, fruits set to cost more: Abhijit Sen
Hyderabad, Nov. 12 Barring cotton, output of all major crops, including sugar and foodgrains, will come down this year due to drought and flood in different parts of ...

ENVIRONMENT: EIA study for Kasaragod power project set to begin
The Kerala State Industrial Development Corporation (KSIDC) is looking for a consultant to do an Environment Impact Assessment (EIA) study for the proposed mega power project at Cheemeni in ...

NON-CONVENTIONAL ENERGY: Maharishi Solar in talks with German firm for technology
Hyderabad, Nov. 12 Maharishi Solar Technology Ltd, part of the diversified Maharishi Group that has interests ranging from education to renewable energies and animation industry, plans to invest Rs 300 crore in India in the next two or ...

EXPORTS & IMPORTS: The stimulus for exports
Just how connected the world is became clear last September with the financial collapse and the economic downturn in the former G-7 countries triggering a similar winding down in the developing economies. Governments around the world also ...

FOREIGN TRADE: ‘Uniform customs and practice more relevant now than ever’
The unforeseen volatility in various parameters of international trade such as demand, price and foreign exchange rates fluctuations has made the utility of the uniform customs and practice (UCP) for documentary credits more relevant than ...

FOREIGN TRADE: Vietnam keen to expand trade ties
Kolkata, Nov. 12 The bilateral trade between India and Vietnam is expected to double, in three years, from the $2.4 billion level recorded ...

HUMAN RESOURCES: Many Asia-Pacific employers feel staff undervalue benefits: Survey
Bangalore, Nov. 12 Almost 25 per cent of employers in India believe their employees fail to fully understand the value of the benefits programme provided ...

NON-CONVENTIONAL ENERGY: Govt wants 5% blending of ethanol with petrol implemented
New Delhi, Nov. 12 The Government has directed the Petroleum Ministry and the oil marketing companies (OMCs) to ensure implementation of mandatory blending of five per cent ethanol with ...

EDUCATION: IIM-B opens door to cos for internship
Bangalore, Nov. 12 More than 150 companies visited the Indian Institute of Management, Bangalore, to pick interns for the summer of ...

EDUCATION: US to issue more student visas this year
The United States is expecting to issue more visas to overseas students this year. “Worldwide there were fewer applications for students visas last year, probably as an effect of recession,” said Ms Janice L Jacobs, US ...

ENTREPRENEURSHIP: TiECON 2009 to focus on new skills
Chennai, Nov.12 TiECON Chennai 2009, an annual conference, would address the challenges, opportunities, leadership styles and business strategies for creating successful enterprises in the ever-changing global and local ...

NON-CONVENTIONAL ENERGY: Dow Corning sees India solar energy market glowing
Hyderabad, Nov. 12 Silicones manufacturer Dow Corning is seeking a long-term engagement with the Indian solar ...

RADIO/TV: Policy norms for new cable TV operators get Cabinet nod
New Delhi, Nov. 12 The proposals of Ministry of Information and Broadcasting’s policy guidelines for Headend-in-The-Sky (HITS) operators received the Cabinet nod on Thursday. The policy guidelines provide a framework within which the ...

WATER: Damming up an issue
The recent news that the Supreme Court of India has referred the dispute between the States of Tamil Nadu and Kerala over the Mullaperiyar dam to a five-judge Constitution Bench should allay some apprehensions and lend hope for a sensible ...

EDUCATION: Mr Vishal Bali, CEO, Wockhardt Hospitals, Mr Mahesh Kumar K.R., Director, VVN Institute of Management, Technology and Research,
Bangalore, Nov. 12 The debate on healthcare reforms is still raging on in the US. However, most Americans have realised that they will not go bankrupt, if they catch the next flight to India and get treated for their ailments at costs they ...

DISINVESTMENT: MMTC stake sale completion time
MMTC has said the Government’s plan to sell some of the company’s shares may take at least one year to complete. “The Divestment Ministry has asked for some details. We expect the process to be completed in a ...