The Hindu Business Line : Monday, August 14, 2006

Bay waters threaten to warm up again
The Bay of Bengal is warming to host another migratory system from the South China Sea/Northwest Pacific, which will be the latest to join an assembly line of monsoon systems crossing the country's eastern coast to create floods in the peninsular ... More

COURTS/LEGAL ISSUES
A case in point
Pangea3 says it is attracting top talent, as legal process outsourcing gains momentum. More

ECONOMY
Bonds rally; inflation fears weigh on bankers
Trade volumes surge on account of purchases by insurance cos More

PESTICIDES
The multi-layered pesticide mess!
The problem of pesticide residues in Coke and Pepsi dominated the front pages of newspapers last week, despite strong competition from floods, moles in government and Iraqi oil for food. The issues connected with unacceptable levels of pesticide ... More

PETROLEUM
Gold to make additional gains in near term
Macro-economic conditions support rise in crude prices More

Strategic oil reserves: 3 firms in race for advisor's job
Setting up of 3 tanks to store emergency crude oil stocks More

Truckers ask TN Govt to retain power to fix oil prices
Petrol, diesel revision every month More

SSI
Centre plans to set up national board for SMEs
The Union Government will soon set up an `National Board for Micro, Small And Medium Enterprises' to examine the factors affecting their promotion and development and review the policies of the Government in enhancing their competitiveness, said ... More

COAL
Dubai co to supply 5 lt coal to industry units
Brings its own vessel, Coastal Pride, to NMPT More

TERRORISM
Can air travel security curbs work in India?
Commitment to aircraft security and strict enforcement is necessary. The exemption list has to pruned to the original five categories and everyone has to go through security, irrespective of their position. More

EDUCATION
MKU launches new MBA course
Madurai Kamaraj University (MKU) has a launched 2-year full time MBA Hospital Administration Course in collaboration with Meenakshi Mission Hospital and Research Centre here from the academic year 2006-2007. The course content includes areas ... More

BEVERAGES
The cola muddle
The government should undertake scientific studies on all aspects before imposing outright ban on cola drinks. It can be guided by the findings of the NGO, but should not follow its conclusions blindly. More

GEMS & JEWELLERY
Govt intensifies steps to make India a diamond hub
Talks on with major diamond producing countries More

REAL ESTATE & CONSTRUCTION
Construction service
I booked a flat a year ago and it is still under construction. The builder called to say that I have to pay service tax of Rs 84,000. Logically speaking, service tax should be paid by the service provider and not by the buyer. Does tax law ... More

AP proposes hike in development charges on land
The development charges on land are proposed to be hiked by the Andhra Pradesh Government, after nearly 10 years, in a focused bid to generate higher revenues for the Urban Development Authorities (UDAs) to provide better infrastructure. The ... More

AP CM plans sub-panel on land acquisition
Govt mulls site allotment to farmers More

LIC Housing Fair in Chennai
Life Insurance Corporation of India (LIC) Housing Finance Ltd's property fair, being held in Chennai, was inaugurated by the company's Director and Chief Executive Officer, Mr S. K. Mitter. As many as 45 builders are participating in the fair ... More

INDUSTRY ASSOCIATIONS
Minister promises close interaction with businesses
The State Industries Department is planning to conduct more interaction with the business community in the coming days for formulating the development strategy of the State, the Industries Minister, Mr Elamaram Kareem, has said. Though there ... More

MINING & QUARRYING
Karnataka CM favours nationalisation of mining
The Karnataka Chief Minister, Mr H.D. Kumaraswamy on Saturday favoured nationalisation of mining to protect environment and forest resources from degradation. Talking to media persons here after releasing a cassette `Heat in Dust' a short ... More

RURAL DEVELOPMENT
Electronic monitoring of panchayat funds
The Government plans to use electronic tracking mechanism to monitor the funds being provided to Panchayats. "We are putting in place an electronic tagging and tracking mechanism to effectively monitor funds given to panchayats ... More

INDUSTRIAL POLICY
Kerala plans three product-specific SEZs
For textiles, gems and jewellery, multi-products More

REGULATORY BODIES & RULINGS
3G entry fee remains contentious issue
TRAI clost to finalising recommendations More

EVENTS
Seminar on commodities investment on Sept 2, 3 in Mumbai
With the opening up of commodities futures trading and the imminent entry of commercial banks, mutual funds and foreign institutional investors in the commodity derivatives space, far-reaching changes are envisaged in the marketplace. In the ... More

Current show
THROWING NEW LIGHT: A view of the Electrica 2006 mega exhibition organised by The Madras Electric Traders Association in Chennai on Sunday.

National pride
GETTING READY: Workers at the Kora Gramodyog Kendra in Mumbai making national flags, of all sizes from 6'x9' to 14 x21 feet, with prices ranging from Rs 60 to Rs 7,250. The Kora Kendra supplies to all the State Governments and all the Kora ... More

Agenda for the week
Bengal National Chamber of Commerce & Industry: Meeting on `Industry institute partnership meet'; 11.00 a.m.; Chamber premises, Kolkata. CII (Eastern Region): Seminar on `India-Africa project partnership: Showcasing ... More

ENTREPRENEURSHIP
`Develop entrepreneurial skills'
Parag Jain, a 2001-batch graduate of IFIM B-School, is working as Finance Manager with Vitage Technologies Pvt Ltd, Bangalore. He believes more live case studies and industry association would give students a broader perspective. On what ... More

INCOME TAX
Format specified for certifying fringe benefit value
The Finance Ministry has specified the format in which tax auditors would be required to certify the value of fringe benefits accounted in the financial statements of companies that are under mandatory tax audit. For this purpose, the Central ... More

EXPORTS & IMPORTS
Pesticide residue: Indian grapes pass UK test
Residues well within EU norms, says UK Govt agency More

Fighting a charge of `smuggling'
This week's case involves an exporter of computer systems and the taxman. More

NATURAL CALAMITIES
ONGC may resume production at Hazira on Aug 18
Kribhco to follow suit by month-end More

Andhra Bank flood relief contribution
Andhra Bank has contributed Rs 25 lakh towards relief and rehabilitation works in the districts devastated by heavy rain and floods. The Chairman and Managing Director, Mr K. Ramakrishnan, handed over a draft to the Chief ... More

TOURISM
Natural allure
KERALA TOURISM continues to exploit the USP of the State - its natural charm and greenery - to win the hearts of foreign and domestic tourists who flock to the State in all seasons. ... More