The Hindu Business Line : Tuesday, January 09, 2007

URBAN DEVELOPMENT
Consultant to be appointed for Vizag development
The State Government will appoint a consultant for giving suitable suggestions for the development of Visakhapatnam city, according to the Chief Minister, Dr Y.S. Rajasekhara Reddy. He was speaking here on Monday after laying the foundation ... More

EMPLOYMENT
Focus on investment that is employment-oriented
There is some good news on the foreign direct investment (FDI front). During the fiscal years from 2000-01 through 2004-05, the annual inflow was of the order of $3 to $4 billion. There was a spurt in 2005-06, when FDI inflow was a record $5.5 ... More

BUDGET
Assocham's Budget wish-list
Besides seeking reduction in corporate tax to 25 per cent from the existing 30 per cent, industry chamber Assocham will also urge the Finance Minister to set up a committee comprising representatives of the Centre and states to ... More

ENVIRONMENT
IBS to develop tools for carbon credits
Emissions from aviation are increasing with air travel becoming cheaper, without its environmental costs being addressed. More

Bid to protect threatened species, dwindling forests
Conservation of biodiversity vital, says KFRI chief More

INFRASTRUCTURE
Bandh hits normal life in Bengal
Flights unaffected; all-party meeting held More

SEZs put in execution mode
Govt hopes to create 14 lakh jobs by 2010 More

PETROLEUM
`Govt keeping a watch on crude price movement'
The Government is closely watching the fluctuation in the crude prices and any decision on revision of retail prices of petrol and diesel would be taken when they stabilise. Asked on a possible revision of prices, the Petroleum Minister, Mr Murli ... More

OVL likely to form joint venture with Venezuelan co
Offered 30 pc participating interest in San Cristobal oil block More

Essar Oilfields bags GSPC contract
Essar Oilfields Services Ltd has been awarded a drilling contract by Gujarat State Petroleum Corporation for drilling in the Krishna-Godavari (K-G) basin on the east coast. The work will involve drilling up to depths of 5,600 metres and is for ... More

BPCL not in hurry to off-load shares it got through Kochi Refineries merger
BPCL is waiting for its share prices to improve for off-loading of the approximately 3.37 crore own shares available through merger of Kochi Refineries (KRL) with itself. The merger was recently concluded at a swap ratio of 4:9. Like all ... More

PHARMACEUTICALS
Pharma sector mulls alternative tax incentive package
The pharma industry on Tuesday will propose a package of tax incentives that the Union Finance Minister, Mr P. Chidambaram, could consider to encourage research and development (R&D) spend. This package is an alternative for the Minister to ... More

POWER
Power shortage unlikely this year in Kerala
Water levels comfortable More

TAXATION
Is `investment research' for overseas client `export of service'?
Expert on poser presented to the Authority for Advance Rulings as verdict is awaited More

BREWERIES
Dakshina Kannada grower brews wine from arecanut
NEW CONCOCTION More

RADIO/TV
Radio One looks to take 25 pc of radio ad market in Chennai
Radio One FM 94.3, the Mid-Day Multimedia and BBC Worldwide venture, plans an ad spend of Rs 4.5 crore in the first year of operation, aiming to garner a 25 per cent share of the Rs 30-crore radio advertising market in Chennai, according to Mr ... More

EDUCATION
ICFAI hails move for pvt varsities
Welcoming the Government's decision to allow establishment of private universities in the State, ICFAI (Institute of Chartered Financial Analysts of India) has called for a proper mechanism that ensures meaningful regulation on both academic and ... More

Meet on molecular biology
The University of Hyderabad will organise a three-day international conference on `Molecular and cellular biology and therapeutics of HIV and associated viral infections' from January 12. The meet will feature two skill imparting ... More

`Strategic consistency vital for building strong brands'
Over 95 per cent of the brands available in the markets are relevant for the product space that they occupy. But only five per cent of them are able to differentiate their brands from the rest, and are thus able to build a strong and sustained ... More

CERAMICS
Ceramic industry poised for a leap: YSR
The ceramic industry in Andhra Pradesh is poised to grow by leaps and bounds and the State Government will extend all necessary support to it, said Chief Minister Dr Y.S. Rajasekhara Reddy. He was speaking at the engineering college of Andhra ... More

MINERALS
Govt developing air-borne system for uranium deposits
New survey technology will increase the pace of discoveries More

Karnataka urged to allot Ramana Durga mines to Kudremukh
Move will enable running of co's pellet plant, port facilities, captive power plants in Mangalore More

CINEMA
Anti-piracy drive will continue, says Kerala CM
The Chief Minister, Mr V.S. Achuthanandan, has promised all legally possible measures to ensure that the film industry in the State survives the menace of pirated CDs. Addressing a function held here on Monday to honour nonagenarian actor ... More

FOREIGN DIRECT INVESTMENT
`Govt must focus on foreign direct investment'
`India should target about 2.5 per cent of GDP as FDI' More

EXPORTS & IMPORTS
RBI relaxes norms for project, service exports
The Reserve Bank of India today simplified the procedures for project and service exports, such as deployment of temporary cash surpluses and inter-project transfer of machinery and funds. These measures, first announced in the Mid-Term Review ... More

Oilmeal shipments touch new high in Dec
Oilmeal shipments hit a high in December 2006 at 6.2 lakh tonnes, according to a Solvent Extractors Association of India report. Of this, soyameal accounted for over five lakh tonnes, with the rest mainly accounted for by rapeseed extraction as ... More

Significant growth in tea exports to Pak
Tea exports to Pakistan have shown a significant growth, with total shipments estimated to cross 15 million kg (mkg) in 2006. The total exports in the January-September 2006 period stood at 11.13 mkg worth Rs 69.73 crore against 7.19 mkg worth ... More