The Hindu Business Line : Wednesday, May 17, 2006

Dr Reddy's launches asthma drug Doxofylline
Dr Reddy's Laboratories Ltd has introduced a European research product Doxofylline, a second-generation xanthine bronchodilator. In a press release here on Tuesday, the company said it has introduced this product under licence agreement from ... More

INFRASTRUCTURE

Govt targets 20,000 MW capacity this year
Target advanced for a number of projects that were to be originally commissioned beyond Tenth Plan More

PSU

Parliamentary panel concerned over low sales growth of oil marketing cos
Concerned over the low growth in petroleum products sale by oil marketing companies and other marketing-related lacunae, a Parliamentary panel has asked the Government to constitute an expert team independent of the Ministry of Petroleum and ... More

PETROLEUM

Short-term loans: Oil cos can't count on OIDB
Finance Ministry says Board too small to help in any significant way More

Cairn fields' oil output estimated at 112,000 barrels
The Minister of State for Petroleum and Natural Gas, Mr Dinsha Patel, on Tuesday said that as per the field development plan submitted by Cairn Energy India Pty Ltd for its oil field in Barmer, Rajasthan, the peak oil production from the field is ... More

TAXATION

VAT-implementing States' tax revenues up 13.8 pc
Tax revenues of States that implemented VAT (value-added tax) increased by 13.8 per cent during fiscal 2005-06 to touch Rs 76,903 crore against Rs 67,588 crore recorded in the previous fiscal. Although the tax revenue growth of the 25 ... More

CII-TN to push for shift to VAT
Theme of programme for 2006-07 is `innovate to compete' More

EDUCATION

ISB increases student intake
The Indian School of Business (ISB) has increased its student intake by 20 per cent for the current class of 2007, which has 418 working professionals, against 345 last year. The Dean of ISB, Prof Rammohan Rao, in a statement said: "We have ... More

Reservation conflagration
The reservations issue is a genie: When it is in the bottle it does not stir and can, in fact spawn a complacency which is totally misleading. People tend to forget that it is an issue at all. But when, for some reason or the other, the bottle ... More

Cognizant Technology, Calcutta varsity sign MoU
Initial agreement for 2 years; to be extended in future More

MEDICAL INSTITUTIONS & HOSPITALS

4 hospitals sign MoU with ISRO
ISRO on Tuesday signed MoUs with four specialty hospitals from across the country to expand its telemedicine network. The additions are Manipal Hospital, Bangalore; Madras Diabetic Research Foundation, Chennai; Sir Ganga Ram ... More

MINING & QUARRYING

Posco project gets rail transportation clearance
RITES preparing 3-phase detailed feasibility report More

SOCIAL WELFARE

Education reform, a better bet than quotas
It easier to simply mandate a quota and get populist approval than implementing root and branch education reforms in a country the size of India with its complexities. But this simplistic approach, taken by successive governments, must end and seriou s education reforms put through if India is to emerge a knowledge economy, says SUMIT K. MAJUMDAR. More

EVENTS

Session on US non-immigrant visas
The Indo-American Chamber of Commerce is organising an interactive guidance session on student visas and business visas here at Hotel Abad Plaza on May 26. Mr Peter Hancon, Chief of the Non-Immigrant Visa Unit, is to address the ... More

ENTREPRENEURSHIP

Ernakulam DIC achieves record business
State investment subsidy disbursed to 142 units More

INCOME TAX

CBDT's supplementary instructions
The Central Board of Direct Taxes (CBDT) plans to issue supplementary instructions to its assessing officers to provide further guidelines for determining whether a person is a trader in stocks or an investor in stocks. Towards ... More

EXPORTS & IMPORTS

Edible oil imports down 19%
Edible oils imports during November 2005 to April 2006 (6 months) of the current oil season 2005-06 stood at 18,01,441 tonnes, down 19 per cent from 22,14,267 tonnes in same period of last year, according to figures released by the Solvent ... More

Long-term iron ore deal with China likely
Plans to renegotiate fresh deal with Japan More

ECONOMIC OFFENCES

Precious commodity
DEFICIENT IN PURITY?: A scene from a gold jewellery manufacturing unit in Kerala. Though India consumes nearly 30 per cent of the global gold production, there is a 11 per cent deficiency in purity in gold used in jewellery, leading to an annual ... More