The Hindu Business Line : Saturday, December 02, 2006

EMPLOYMENT
Monster India traffic `spurts'
Online job search services provider Monsterindia.com today announced that the traffic on the site grew by more than 238 per cent in July-September 2006 compared to the same period last year. The Vice-President, Marketing, Monster ... More

Job fair in Vizag from today
Next Link Pvt Ltd, an integrated training and recruitment management services company, is holding a job fair here on December 2 and 3 on the first floor of Pavan Towers at Dwarakanagar between 10 a.m. and 5 p.m., according to a press release. ... More

NRIS
Canara Bank trims dollar deposit rates
Canara Bank has revised the interest rates for foreign currency non-resident deposits (banks) for American dollars across all maturities effective from today, in line with soft global interest rates. However, the bank has hiked the deposit ... More

Lakshmi Vilas lowers NRE deposit rates
Lakshmi Vilas Bank has effected a downward revision of interest rates on deposits held under FCNR, NRE and RFC schemes from December 1. The interest rates on deposits accepted under FCNR (B) dollar deposit has been lowered to 5.24 per cent ... More

SOCIAL SECURITY
EPFO board to meet next week on interest rate
The Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) will meet on December 7 to take a final call on the interest rate to be paid to the provident fund subscribers for 2006-07. Prior to the CBT meeting, the ... More

AUTOMOBILES
Tech cos ride into auto domain
Several demonstrated their prowess in the domain at developer conferences organised in the city. Products that use older technologies such as sonar and newer designs for a wireless car are being sighted as the firms realise the market ... More

ECONOMY
Inflation: Pulses index up 32 pc
Lack of carryover stocks, poor crop led to price rise More

Forex reserves jump by $5.9 b in November
`Sharp rise mainly due to revaluation of foreign currencies' More

Finance and Commerce Pool — An old-is-gold idea
A cadre based on exclusivity, but predicated on skills, analytical abilities, competencies and eventually experience in economic policy-making is needed for policy-making. More

Chidambaram vows to check rising inflation
The Finance Minister, Mr P. Chidambaram, said on Friday that the Government would aim to check the rising inflation that is largely being driven by supply side constraints. The country's Wholesale Price Index (WPI) moved up to 5.45 per cent for ... More

`Fuel price cut to impact inflation'
Fuel price cut will have an effect on the inflation, according to Dr Rakesh Mohan, Deputy Governor, RBI. Fuel prices will have a say on the wholesale price index, he added. Inflation is running at 5.45 per cent (5.29 per cent) ... More

FOREIGN TRADE
India, Europe trade bloc sets up joint study group
In a significant bid to step up trade and investment flows, India and the European Free Trade Association (EFTA) bloc, comprising the member-countries of Switzerland, Norway, Liechtenstein and Iceland, on Friday set up a Joint Study Group (JSG) ... More

Promoting trade
TO STRENGTHEN TIES: The King of Jordan, Abdullah II Ibn Al Hussein, calling on the Prime Minister, Dr Manmohan Singh, at Hyderabad House, in the Capital on Friday. India and Jordan are expected to sign several agreements and pacts linked to ... More

HEALTH
AIDS rally
AWARENESS MARCH: The Karnataka Health Minister, Mr R. Ashok, and actor Arvind Ramesh, who flagged off an AIDS awareness rally, leading the marchers in Bangalore on Friday -- World AIDS Day. ... More

Be Bold: AP's AIDS awareness mantra
Andhra Pradesh, which has the dubious distinction of having the maximum number of HIV/AIDS cases in the country, has launched a major campaign called `Be Bold', appealing to people to voluntarily come forward to get tested for the ... More

INFRASTRUCTURE
AP firm on Kakinada SEZ: CM
Chief Minister Dr Y.S. Rajasekhara Reddy has said that the State Government is keen on getting an SEZ at Kakinada and will make all efforts to persuade ONGC to go ahead with the proposal in accordance with the MoU, though the ... More

PHARMACEUTICALS
Pharma expo opens in Mumbai
Pharmaceutical Expo 2006, India's pharmaceutical machinery and technological exhibition with CPhI (Convention for Pharmaceutical Ingredients) India, opened on Friday in Mumbai. The event has been organised as a networking event for the Indian ... More

POWER
Pact signed for tidal energy projects in Maharashtra
The tidal energy turbine for the first project will come up near Guhagar on Ratnagiri coast. The turbine is expected to generate 15-20 KW. More

TAXATION
Service tax collections up 63.8%
The Centre's service tax collections have recorded a 63.87 per cent increase in April-October 2006 to Rs 16,894.54 crore compared to Rs 10,310 crore collected in the same period last year. An official release said that service ... More

TEXTILES
Textile sector urged to source cotton from Africa
UNCTAD MOVE More

COAL
4 bodies recovered from coal mine
Four bodies, out of the six miners trapped on Wednesday inside the Shyamsundarpur underground mine of Bankula area under Eastern Coalfields Ltd (ECL), were recovered till 6 p.m. today. It is expected that two other bodies, which are still ... More

RADIO/TV
Raj TV to enter new markets overseas
To go beyond Tamil-speaking audiences in such countries More

EDUCATION
Great Lakes to set up own campus
Project to be funded through donations More

CARS
Car sales maintain double-digit growth in Nov
Car sales maintained the double-digit growth run seen so far this fiscal in November as well. Maruti Udyog Ltd saw domestic sales rise 20.7 per cent during November at 52,574 units compared with 43,568 units in the same month last year. The ... More

MEDICAL & SURGICAL EQUIPMENTS
Advanced MRI scanner
The Kochi-based Vita Diagnostics has installed 1.5 Tesla High Definition (HDMR) scanner for MRI scanning. This is the only centre in Kerala having this HDMR facility for scanning and it helps physicians with improved image ... More

MEDICAL INSTITUTIONS & HOSPITALS
Harvey plans 200-bed hospital in Chennai
In talks with ayurveda, homeopathy centres to promote medical tourism More

REAL ESTATE & CONSTRUCTION
DSP Merrill bullish on Indian realty sector
With realty IPOs doing well in the market, Mr Munesh Khanna, Head-Investment Banking at DSP Merrill Lynch, explains why this interest is building up, and puts the real estate sector in perspective. He says the scarcity of large realty stocks ... More

`NCCL fastest growing company'
Nagarjuna Construction Company Ltd (NCCL) has emerged as the fastest growing construction company in the country, according to a joint survey by the National Institute of Construction Management and Research (NICMAR) and ... More

2 IT parks planned in Bengal
Two software parks to offer some 25,000 jobs More

SCIENCE & TECHNOLOGY
Mobile planetarium
STUDENTS OF St. Ann's Degree College for Women in Hyderabad inside an inflatable mobile planetarium on the college campus on Friday. The programme was organised by the Association of Amateur Astronomers and the Department of Physics, St. Ann's ... More

NEWSPAPERS & PUBLISHING
Ad Club-Business Line quiz today
The Ad Club-Business Line Quiz 2006, which will focus on advertising and marketing, will take place on Saturday at 2 p.m. at Hotel Savera in Chennai. The event will see winners walking away with cash prizes worth Rs 50,000 and a horde of ... More

HUMAN RESOURCES
Biometric attendance system at New Mangalore port
New Mangalore Port Trust (NMPT) has introduced biometric attendance system to the registered cargo-handling workers at the port. A press release by Mr P. Tamilvanan, Chairman, NMPT, said here on Friday that this has brought in total ... More

EVENTS
National design policy soon
The Government will soon announce a National Design Policy that will facilitate outsourcing of design to India, according to Dr Ajay Dua, Secretary, Department of Industrial Policy & Promotion. Speaking to newspersons at the ... More

`Time ripe for southern districts in TN to attract investments'
Three-day `SPEED 2006' inaugurated in Madurai More

EXPORTS & IMPORTS
First cargo of crude from Sakhalin-1 arrives
Another 7,00,000 barrels expected by end of month More

TOURISM
Global Visa cardholders spent Rs 6,000 cr
`Visitors from Europe were biggest spenders in 12 months' More

ECONOMIC OFFENCES
Assets worth Rs 15.35 cr seized in AP
Assets worth a record Rs 15.35 crore have been seized from 29 group cases during the first six months of the current financial year by the Investigation Wing of the Income Tax, Andhra Pradesh region. The break up includes cash of Rs 13.14 ... More