The Hindu Business Line : Saturday, November 28, 2009

INDUSTRY & ECONOMY

REAL ESTATE & CONSTRUCTION: Dubai crisis rocks realty stocks in the morning session
But shares recover after European markets open. The roller-coaster movement of the Indian realty stocks on Friday can be attributed to mixed investor sentiment on account of the debt crisis in Dubai, ...

SOCIAL SECURITY: Bank employees get one-time pension option
After bargaining hard for over two years, bank unions and the Indian Banks' Association (IBA) on Friday finally agreed to the ninth bipartite wage settlement with effect from November ...

ECONOMY: Core sector grows 3.5% in Oct
The six ‘core' infrastructure industries have registered a 3.5-per cent year-on-year growth during October, compared to the 4.1 per cent and 7.8 per cent levels of the preceding two months and the 2 per cent for ...

EXPORTS & IMPORTS: Pace of export decline slows in Oct, says Sharma
DGFT sectoral review to be completed next month. The country's exports, stuck in the double-digit negative territory, close to 40 per cent, till a couple of months ago have now registered a growth decline of only 6.6 per cent at $13.19 billion ...

NRIS: NRI remittances seen rising in short-term
The $60 billion-odd Dubai debt crisis could spark an increase in remittances from Dubai, in the short term, as uncertainty and nervousness spook the NRIs confidence in local banks ...

FOREIGN TRADE: Aligning trade policy with GST
Much has been deliberated and written about the changes required under various indirect taxes (service tax, excise duty, VAT) in order to align them with the desired GST (Goods and Services Tax) framework. While the attention accorded to ...

FOODS & FOOD PROCESSING: Farm land ceiling may be relaxed for food processing
Karnataka's Minister for Large and Medium Industries, Mr Murugesh Nirani, said here on Friday that the prevailing cap of 54 acres on conversion of agriculture land to non-agriculture purposes is likely to be removed in the case of food ...

EDUCATION: Dr K. Jafar Ali, Director, Centre for Human Renaissance, Chennai; Preston International College
Business leaders and managers today face several challenges in the context of the global business environment including the corporate culture, communication style, organisational direction, decision-making and ...

POWER: SERC allows Bengal power distributors to hike tariff
94 lakh consumers to pay higher tariff at varying rates. Approximately 94 lakh power consumers of West Bengal are set to pay a higher energy bill beginning November, primarily because of coal ...

POWER: Gas supply starts to PPN Power's TN plant
Natural gas being supplied to GAIL by HOEC. The PPN Power Generating Company's 330.5 MW power plant in Tamil Nadu started receiving gas from ...

ENVIRONMENT: India could come under pressure at Copenhagen
As China pledges cuts in ‘carbon intensity'. China's pledge for voluntary cuts in ‘carbon intensity' could turn the heat on India at the Copenhagen Summit, feel ...

CHEMICALS: Capexil chief seeks relief to sustain growth
Chemicals and allied products industry employing 11 million workers in a range of minerals and non-minerals industries including bulk minerals and ores, ceramics and allied products and plywood and products has sought immediate relief to ...

FOREIGN TRADE: Latam countries woo Indian business firms
Latin American countries see immense opportunities for trade with India but feel the need to simplify regulations and also ease up ...

EXPORTS & IMPORTS: Exporters see group approach as key to reviving shrimp farming
The group approach to shrimp farming by the Pamini River Shrimp Culture in coastal Tamil Nadu has enabled the cluster to overcome the inherent handicaps faced by unitary farmers and has proved to be a major success story for ...

EDUCATION: ‘Cos look at newer tech for brand promotion'
Technology is impacting our lives. The truth is that it is everywhere. Computers and technology are now part of our daily lives. We have come upon to depend on them to function and to live. Technology is being extensively used in all fields ...

ECONOMIC OFFENCES: New CLB chief promises to restore reputation
Mr Justice Deshmukh takes charge. Former Chhattisgarh High Court Judge Mr Justice Dilip Raosaheb Deshmukh took charge as the new Chairman of the Company Law Board (CLB) on Friday, four days ahead of the originally scheduled ...

ENTREPRENEURSHIP: Call for network of angel investors
A meeting held here today to celebrate entrepreneurship rued that it still takes 35 days for a start-up company to register. Ranked 134, India is among the slowest countries in terms of time taken to set up a ...

REAL ESTATE & CONSTRUCTION: Patel Realty launches Rs 900-cr project in Bangalore
Patel Realty India Ltd, a 100 per cent subsidiary of Patel Engineering Ltd, has announced the launch of Neotown in Bangalore with an investment of about Rs 900 crore. The project, spread over 120 acres, will comprise three residential ...

EVENTS: No case to extend financial reporting standards, says Govt
India will stick to its earlier announced deadline for convergence with the International Financial Reporting Standards (IFRS) by April 2011, a top Government official ...

ENVIRONMENT: Green Bill, protection authority key to eco regulation: Minister
Environment protection report to be released on Dec 21. The National Green Tribunal Bill and the creation of a National Environmental Protection Authority will be instrumental in future jurisdiction, regulation and decisions related to the ...

FOREIGN TRADE: Global economic crisis offers scope to re-invent: Scindia
The mega multi-product trade show of the India Trade Promotion Organisation (ITPO), India International Trade Fair 2009 concluded on Friday here after drawing large number of businessmen and general visitors for ...

LINGUISTICS: Domain names in Hindi by June
India will be ready to have internationalised domain names (IDN) on the internet in Hindi by June ...

INFRASTRUCTURE: Karnataka hastens work on infrastructure projects
Karnataka has stepped up its efforts to take up 48 of the 148 projects worth about Rs 1 lakh crore under Public Private Partnership by actively pursuing the Centre's clearance, while sorting out local bottlenecks of land acquisition. The ...

FOREIGN TRADE: ‘India-Russia trade volume to grow at 8%'
The India-Russia bilateral trade is expected to grow at eight per cent in 2009-10 despite the global financial crisis, according to Mr Vladimir V. Lazarev, Consul General of Russia ...

ANTI-DUMPING: No need for safeguard duty on Linear Alkyl Benzene
The country's safeguards authority has turned down domestic industry plea for the levy of a safeguard duty on imports of Linear Alkyl Benzene (LAB), which is an important input in the manufacture of detergent bars ...