The Hindu Business Line : Thursday, August 24, 2006

SOCIAL SECURITY
State Labour Ministers' meet soon
The Labour Ministry will soon convene a meeting of the State Labour Ministers. The meeting would be preceded by interactions with trade union leaders with the Ministry, the Minister of State for Labour, Mr Chandrasekhar Sahu said on ... More

ECONOMY
Kerala faces revenue shortfall
Govt to seek ways for additional resource mobilisation More

Joint task force set up in M.P.
A joint task force was constituted on Wednesday to accelerate the pace of industrial development in Madhya Pradesh at a meeting of the Confederation of Indian Industry (CII) and Members of Parliament from the State. The task ... More

`State finances improving'
State Finances are significantly improving with adoption of fiscal consolidation and fiscal reforms, the Union Finance Minister, Mr P. Chidambaram, has said. Addressing the meeting of the Parliamentary consultative committee ... More

ENGINEERING
TN leads in engg exports from South
Tamil Nadu, among the southern States, led in export of engineering goods valued at Rs 9,484 crore in 2005-06, said Mr R. Srinivasan, Field Officer, Engineering Export Promotion Council (EEPC), Chennai, here on Wednesday. The ... More

EXCISE AND CUSTOMS
Kerala flour mills seek zero customs duty on wheat imports
Wants 4 pc VAT on the foodgrain abolished More

FOREIGN TRADE
Thailand for more pvt sector consultations for trade sops
Number of items outside the scope of FTA yet to be finalised More

HEALTH
Max Healthcare set to expand operations
Launches `Max Happy Family' modular plan with outpatient benefits More

INFRASTRUCTURE
Bharat Forge, Maharashtra to co-develop SEZ near Pune
Trade zone likely to attract Rs 25,000-cr investments More

TN to expand industrial estates, set up more SEZs
With an objective to enhance energy security, says Karunanidhi More

India to join Turkmenistan-Afghanistan-Pakistan pipeline project
High-level team to participate in September meeting More

PESTICIDES
Pesticide industry questions CSE report
Sends letter to the CSE seeking scientific substantiation More

PETROLEUM
Centre clears KRL-BPCL merger
Through an order passed by the Ministry of Company Affairs dated August 18, the Central Government has given the final nod of approval for the merger of Kochi Refineries Ltd with Bharat Petroleum Corporation Ltd. Subsequently, both the ... More

POWER
NTPC set to start work at Simhadri power plant
Signs MoU with SCCL for joint venture More

TAXATION
BPCL, KRL merger to save Rs 150-cr CST a year
The merger of BPCL and Kochi Refineries Ltd (KRL), likely to be completed in the next two to three months, would help the combined entity to save Rs 150 crore a year on central sales tax. This is because, post-merger, products supplied by KRL to ... More

SSI
HSBC launches factoring services for SMEs
The factoring charges for a local trader would vary between 9 and 11 per cent, inclusive of interest cost, credit insurance and collection charges and also depend on customer's profile. More

TYRES
Tyre dealers' body office-bearers
Mr Dilip Kumar Dhariwal of Dhariwal Bros has been elected President of the Hyderabad Tyre Dealers Association, while Mr Chandresh R. Mehta of Prakash Tyres has been elected Secretary. At the Annual General Meeting of the ... More

WATER
Karnataka to form expert panel on interlinking rivers
To help address priority areas of Dakshina Kannada and Udupi districts More

COAL
GMDC gets Korba, Hazaribagh coal blocks
Public sector unit Gujarat Mineral Development Corporation (GMDC) has been allotted coal blocks in Korba district of Chhattisgarh and Hazaribagh district in Jharkhand, the company said today. The Union Ministry of Coal has allotted to GMDC coal ... More

BREWERIES
An issue of premium
Diageo India brews plans to recapture the premium mass market. More

RADIO/TV
Radio Mirchi hikes spot rates
Radio Mirchi on Wednesday announced an increase in spot rates ranging from 10-25 per cent for all its stations. In a statement, Radio Mirchi has said that while the prices for the seven older stations including those at Mumbai, ... More

EDUCATION
Hexaware training at campuses
Company doubles its trainee headcount More

Toyota working out modalities for small car
Toyota Motor Corporation on Wednesday said it would definitely be rolling out a small car in India, but was working out "how" and "when" to do so. ``Of all the emerging markets we are targeting, India is becoming a priority. We would like to ... More

Lessons from everyday things
Newspaper, candle, electrical extension cord, magnifying glass, aspirin, pen, clock, calculator, toothpaste, mirror - how are these 10 words relevant to one's success in personal life and working career? Aren't they irrelevant? Ambiguous ... More

Dallas varsity MBA programme
The University of Dallas Graduate School of Management and the Bangalore-based Dayananda Sagar Institutions on Wednesday signed a memorandum of understanding to offer first year MBA courses in India with second year courses being ... More

Award instituted by IIT Kharagpur
In a bid to encourage and promote technical innovation, the Indian Institute of Technology Kharagpur has announced the Nina Saxena Excellence in Technology Award. Open to all technologists who are Indian citizens, the award ... More

Pratt & Whitney Chair at Hyderabad varsity
United Technologies Corporation and the University of Hyderabad announced on Wednesday the setting up of the Pratt & Whitney Endowed Chair in Science and Engineering. The Registrar of University of Hyderabad, Dr Y. Narasimhulu, said that they .. More

Kaizen certified training programmes
KIAMS, the management institute of the Kirloskar Group, has entered into an agreement with Kaizen Institute to offer a series of Kaizen certified training programmes for the top and senior management of the manufacturing sector. ... More

CARS
Upgraders drive Indian auto industry: JD Power
`2-wheeler owners purchase small cars as a practical alternative' More

BEVERAGES
Saving face
When a controversy crops up, brands should take prompt action to remedy the situation, which can actually become an opportunity to build equity. More

Citizen groups protest against colas
Several citizen groups, parliamentarians and scientists on Wednesday called for a complete ban on sales and distribution of soft drinks manufactured by the two cola majors, Pepsi and Coca-Cola, from November 21-25. The citizen ... More

BIO-TECH & GENETICS
New IT, biotech policies on the anvil
Software parks to come up in 4 cities More

MINING & QUARRYING
New panel to study Hoda report on mining
This panel's recommendations will form mining policy More

DISINVESTMENT
Govt to wait for `opportune time' to offload residual stake in Maruti
More

EVENTS
Zak Tradefairs to tie up with Messe Dusseldorf
Zak Tradefairs and Exhibitions Pvt Ltd is about to sign a memorandum of understanding (MoU) with Messe Dusseldorf GmbH, a 236-million euro Germany-based company that organises international exhibitions, to organise tradeshows jointly, according ... More

CII meet urges cos to conserve energy
"India is four times as energy intensive as Japan is. This reflects badly on the competitiveness of the Indian industry," said Mr R. Seshasayee, President, Confederation of Indian Industry, at `Energy Summit 2006', a two-day energy conservation ... More

AIMA to hold management convention in October
The All-India Management Association (AIMA) will organise its 33rd National Management Convention on October 6-7. Announcing the dates for the convention on Wednesday, the AIMA President, Mr Sudhir Jalan, said, "With the Indian economy ... More

Canara Bank to conduct trade fair
Canara Bank is organising a seven-day Onam trade fair at the premises of its Circle Office here from Monday next (August 28). This is being done with a view to promoting the cause of beneficiaries of the bank's various poverty ... More

INCOME TAX
Mumbai tax collections up 150 pc in April-July
`Corporate results, market conditions help generate I-T worth Rs 11,400 cr' More

ALTERNATIVE MEDICINES
Ozone plans Rs 5-cr push for No Marks cream
To enhance retail presence; foray into anti-ageing segment More

TOURISM
KSINC launches luxury boat services
Given the encouraging response from water-related tourism activities, the Kerala Shipping and Inland Navigation Corporation (KSINC) has introduced two luxury boats - Lake Princess and Lake Queen - in the Kochi ... More

Centre clears 28 tourism projects
The Union Ministry of Tourism has sanctioned 28 projects for Andhra Pradesh during the 10th Plan period. The total funds provided during the period for the projects were approximately Rs 64 crore. During 2005-06, the State got ... More

ECONOMIC OFFENCES
SEBI investigates 165 cases last fiscal
Market manipulation and price rigging constituted a major slice of the cases that were taken up for investigation by the market regulator, SEBI, in the last fiscal. Out of the 165 cases taken up for investigation, 137 cases (about 83 per cent) ... More