INDUSTRY & ECONOMY
ECONOMY
Farm Ministry's kharif estimate paints gloomy picture
Could send bullish signal to commodities market
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Direct tax collections continue to be buoyant
Increasing awareness on annual information returns
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FOREIGN TRADE
Australia's Victoria State opens office in Bangalore
To promote investments in Melbourne
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INFRASTRUCTURE
`SEZ should prove a good mechanism'
`Despite all the controversy it has raised, the Special Economic Zone should ensure high growth and remove regional imbalances. If there is misuse, it is our responsibility to see this is corrected... ' — MR S. N. MENON, CO MMERCE SECRETARY
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RBI move to curb bank lending to SEZs
In a move to restrict bank finance to Special Economic Zones (SEZ), the Reserve Bank of India on Wednesday decided to treat bank loans for setting up SEZs and for acquisition of units in SEZ as banks' exposure to the commercial real estate sector ...
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Board of approvals on SEZs to meet
The Board of Approvals (BOA) on Special Economic Zones (SEZs) will meet on Thursday to finalise guidelines on the social infrastructure that need to be created in such zones, a top Commerce And Industry Ministry official said. ...
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PETROLEUM
CBM blocks: Panel submits report, Ministry to approach Cabinet
Meet likely today
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AI hikes hedging in fuel limit
Air India (AI) has increased the hedging limit on the fuel that it uplifts abroad to 25 per cent from September 18. Official sources told Business Line that the airline board had cleared a proposal allowing AI to hedge on 25 per cent of ...
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PHARMACEUTICALS
HCL tool for pharma cos
HCL Technologies Ltd has introduced "e compliance", a software to manage global regulatory submission processes for pharmaceutical companies. The package includes digitally creating, publishing and managing submissions ...
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POWER
NTPC sells fly ash to DMRC, IOC, cement majors
Promotes use in cement concrete, mortar and reinforcing material
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BHEL bags Rs 1,224-cr UP contract
State-owned Bharat Heavy Electricals Ltd (BHEL) on Wednesday said it has bagged a Rs 1,224-crore contract for setting up a 500 MW thermal power expansion project in Uttar Pradesh. The Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd ...
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No decision on power tariff hike in Kerala: Minister
State Govt concerned at TN stand on Mullaperiyar dam
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TAXATION
TN to make public VAT provisions soon
Allocation of registration numbers would start soon after
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TEXTILES
Carrera, Italian fashion institute to set up `Idea Factory'
To churn out designers, professionals for textile, garment sectors
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INDUSTRY ASSOCIATIONS
KCCI office-bearers
Capt John Prasad Menezes has been elected President of the Kanara Chamber of Commerce and Industry (KCCI) for 2006-07 at the 65th annual general meeting here. Capt Menezes served as Vice-President of KCCI for 2004-06. A Fellow of ...
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FOREIGN DIRECT INVESTMENT
Hutch-Essar arms get DoT nod for FDI
The Department of Telecom has given its approval to Hutchison Essar Ltd's six subsidiaries offering cellular services in the country for direct or indirect foreign direct investment of 68 per cent. The six subsidiaries ...
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WPP to acquire Ray & Keshavan
Plans entry into specialised design
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HUMAN RESOURCES
Recruitment co signs MoU with Japanese firm
Chennai-based ECHC Management Services Pvt Ltd, a recruitment and consulting firm, signed a memorandum of understanding (MoU) here on Wednesday with International Recruitment Japan Inc (IRJ), a talent search firm from Japan. As per the MoU, ...
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BUSINESS MODELS
US co Active International, AerenR join hands
To introduce corporate trading
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ENTREPRENEURSHIP
AP mulls scheme for start-ups
Satyam chief offers help to aspiring entrepreneurs
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EXPORTS & IMPORTS
Processing time for US licence for exports to India reduced
`99 pc of items exported to India do not require licence'
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Wheat import details filing directive
The Centre has made it mandatory for wheat importers to declare the particulars of the consignments imported by them within seven days from the date of receipt of stocks. According to the Import of Wheat (Stock Declaration) Order, 2006, ...
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Competition props up south Indian tea exports
Golden Leaf Award pays dividend as shipments rise 27 pc
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NATURAL CALAMITIES
Storm hits Haldia dock operations
A violent storm, at an estimated speed of 170 km per hour, swept through Haldia last night affecting the operation of the dock partially. The township was particularly hit, with the suspension of electricity and, therefore, water supply. The ...
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Deluge again!
FLOODWATERS ENGULF the city civil courts premises in Vijayawada on Wednesday. - Ch. Vijaya Bhaskar
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