The Hindu Business Line : Wednesday, December 20, 2006

EMPLOYMENT
Human capital in short supply: Nilekani
There is a serious shortage of human capital for the IT industry, said Mr Nandan Nilekani, CEO, Infosys. Despite turning out five million graduates every year, he said there is a paucity of skilled professionals. "India Inc must seriously come ... More

NRIS
HDFC Bank, NBD in pact
National Bank of Dubai has partnered with HDFC Bank to offer NRI services in India and the UAE. Under the name of NBD-HDFC Bank NRI Services, the partnership will offer joint account services, remittances, wealth management ... More

CHEMICALS
Growth trend seen in chlor-alkali industry
`TCCL posts good performance due to growth demand' More

COURTS/LEGAL ISSUES
Dalmiya challenges BCCI life ban
Mr Jagmohan Dalmiya has contemplated yet another battle against the Board of Control for Cricket in India (BCCI). He has on Tuesday challenged BCCI's decision of life time expulsion against him in the City Civil Court of Calcutta. The BCCI, at ... More

ECONOMY
Overheating of economy more imaginary: Review
Finance Ministry's views in variance with RBI's More

ENGINEERING
Investment ratio-based I-T relief sought for small units
Centre asked to offer exemption from Customs duty More

ENVIRONMENT
Now, carbon credit cards to tackle climate change
The British Government charting policies to rope in individuals More

EXCISE AND CUSTOMS
CII wants excise duty cut to 14 pc
In line with task force recommendation More

HEALTH
Call for new approaches in public healthcare
Calling for new approaches in reforming the country's Primary Health Centres (PHCs), Mr N. Vaghul, Chairman of ICICI Bank, has advocated setting up a parallel, private sector driven health infrastructure to supplement and expand the existing ... More

AIDS awareness campaign
The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, the Speaker of Assembly, Mr Suresh Reddy, and several Ministers joined the `Be Bold' campaign launched by the Andhra Pradesh State AIDS Control Society and got tested ... More

INFRASTRUCTURE
Chamber plea to President
A delegation from the Indian Chamber of Commerce and Industry, Coimbatore, which met the President, Mr A.P.J. Abdul Kalam, during the latter's visit here on Monday has highlighted some of the infrastructure problems faced by this ... More

Kamal Nath defends SEZs
`They are engines of growth that lead to job creation' More

PETROLEUM
Essar dispatches first cargo to British Gas
Joins hands with RIL for product, infrastructure sharing More

Bharat Oman plans Rs 1,000-cr public offer
To raise funds for Bina Refinery; BPCL to offload 25 pc stake More

OECD countries to raise energy consumption by 12 pc
Non-OECD countries by 43 pc between 2003 and 2010 More

GSPC group in talks for natural gas
The GSPC group is negotiating with ONGC operated Panna-Mukta-Tapti joint venture for securing more gas on short-term contract. The group, which apart from E&P activity maintains vast network of gas grid through its subsidiary Gujarat State ... More

POWER
`Lanco combine quote for mega project feasible'
For 4,000-MW Sasan ultra mega power project More

Tata Power to tie up funds for Mundra project by Aug
Tata Power Company (TPC) on Tuesday said it expects to tie-up funds for the 4,000 MW Mundra Ultra Power project by August 2007. The project entails an estimated cost of about Rs 20,000 crore. "We hope to achieve financial closure by August," ... More

PFC public float in Feb
State-owned Power Finance Corporation's proposed initial public offering is likely to be launched by February, the Power Secretary, Mr R.V. Shahi, said on Tuesday. PFC plans to sell 10.22 per cent of its post issue capital of 117 million ... More

STEEL
`SAIL, Ministry to forego part of Chiria mines'
Left MP alleges move will help Mittal Steel More

Union urges Vizag Steel to promote ancillary units
The union urged the Steel Secretary to prevent the entry of private sector in the expansion works of the steel plant. More

TAXATION
Awareness on service tax in Kakinada
There is very little awareness about service tax among the public and trade circles, though it was introduced more than a decade ago and 95 services being brought into the tax net at present, according to Mr M. Rama Rao, ... More

TN sugar industry unhappy about VAT law
Cane purchase tax retained at Rs 60/t; no input tax credit allowed More

TEXTILES
Textile sector seeks extension of TUFs period
The textile industry has sought continuation of the interest subsidy scheme extended by the Government under its Technology Upgradation Fund Scheme (TUFS) for another five years to be co-terminus with the 11th Five-Year Plan period. The scheme ... More

Tirupur exporters seek exemption from input tax
The Tirupur Exporters Association (TEA) wants the Tamil Nadu Government to exempt the exporters from payment of input tax while implementing the Tamil Nadu Value Added Tax Act 2006, which comes into effect from January. Expressing apprehension ... More

RADIO/TV
Transmission of LS, RS channels to be made compulsory
The Government has proposed an amendment to the Section 8 of the Cable Television Networks (Regulation) Act, 1995, to make it compulsory for every cable operator to re-transmit the Sansad Television Network Lok Sabha Channel and the Sansad ... More

Taxes extra on set-top rental rates
The Telecom Regulatory Authority of India (TRAI) has clarified that the prescribed tariff for rent and refundable security deposits for set-top boxes in CAS notified areas, is exclusive of applicable taxes. In an official ... More

EDUCATION
AP to allot 600 acres for IIT at Medak
With the Human Resources Development Ministry agreeing to sanction three more IITs in the country, the Andhra Pradesh Government has decided to allot about 600 acres in Medak district. Informing the State Assembly of the Centre's decision for ... More

Kerala school bags TCS IT Wiz trophy
Kerala's Pallikoodam School was declared the national champion of TCS IT Wiz 2006, in which over 8,000 students from 535 schools from eight cities across the country participated. Mikhail Jacob and Joseph Sebastian from Pallikoodam School ... More

`Younger people are industry's new customers and leaders'
Asia is in the news. India is the `news maker'. The young want it all and younger people are industry's new customers and leaders. "So you are shaping the industry," said Mr G. Ramachandran, financial consultant, to the students of Dhanalakshmi ... More

Nod to set up pharma institutes
The Union Cabinet has given the nod to the Central Government to be conferred with the power to set up national pharmaceutical education institutes or centres in any part of the country. Information and Broadcasting Minister ... More

CARS
Dip in new owners' `delight' with vehicles: JD PowerStudy
Ford Fiesta, Honda Civic, Maruti Esteem lead segments More

REAL ESTATE & CONSTRUCTION
Asset prices pose dilemma
Stock indices have multiplied more than fivefold in the last three to four years. Real estate and property prices have also escalated as much. Yet inflation has behaved. More

INDUSTRY ASSOCIATIONS
Bengal chambers express concern over bandh call
Want politicisation of industrial investment stopped More

WTO
`WTO deadlock should not worry India'
`Development dimension must not be diluted' More

HUMAN RESOURCES
Appellate authority permission needed to lead fresh proof: HC
If an employer did not seek permission to lead fresh evidence as required under law against an employee whose services were terminated, consequence was obvious that the employer had missed the opportunity of proving to the satisfaction of the ... More

REGULATORY BODIES & RULINGS
Uniform norms proposed for nomination exploration blocks
DGH frames guidelines for ONGC, Oil India More

INCOME TAX
PAN must from April 1 to trade in futures
The Forward Markets Commission has made compulsory the declaration of permanent account number (PAN) for clients while registering with brokers. The FMC stipulation is effective April 1, 2007. Clients already registered with brokers and who ... More

EXPORTS & IMPORTS
Sugar mills bullish on exports as global prices recover
But rates unlikely to touch $450 a tonne, say millers More

Centre to fix tariff value for arecanut imports
Plans to set up quality certification agency More

Bharti-Wal-Mart suppliers may turn exporters
Suppliers to the Bharti-Wal-Mart retail stores in the country will eventually be tapped for Wal-Mart stores across the globe. "We would like to leverage our global scale to transform these suppliers into exporters with access to our global ... More

NATURAL CALAMITIES
Prefab houses for tsunami victims
The aesthetically designed houses will have long metal legs, to be fixed in concrete pillars, and each house comprises 2 units. More

TOURISM
Welcome home!
A VIEW OF `ARANYAKAM', a popular homestay dwelling in Wayanad, Kerala. As comfortable accommodation at affordable rates is scarce in Wayanad, many tourists opt for homestays. Favoured by domestic tourists, especially those from the IT sector ... More