The Hindu Business Line : Friday, February 02, 2007

EMPLOYMENT
`Make manufacturing jobs attractive'
Mr B. Muthuraman, Managing Director, Tata Steel, and architect of the newly inked Tata-Corus deal has sounded a wake-up call to the Indian manufacturing industry asking it to rise "above the noise" and market itself to ... More

NRIS
Karnataka Bank lowers NRE, FCNR rates
Karnataka Bank Ltd has lowered interest rates on its NRE and FCNR(B) deposit schemes with effect from February 1. The interest rate on NRE deposits is now 5.93 per cent (6.33 per cent) for the tenure of one year to less than two years, 5.85 per ... More

ECONOMY
`Rate hike will not affect growth'
The Finance Minister, Mr P. Chidambaram, has said that the Reserve Bank of India's move to hike repo rate as well as its other measures in the Credit Policy review would not affect the Indian growth story. "The main purpose behind the repo rate ... More

Hardening rates are here to stay
Bankers see slowdown in credit growth amid tightening liquidity More

`Repo rate hike targets inflation'
With a 25 basis points increase in the repo rate, the Reserve Bank of India has a sent a strong signal of its hawkish position on combating inflation, the Confederation of Indian Industry, Coimbatore, has said. Given the ... More

FOREIGN TRADE
Volvo cars on Indian roads this year
Volvo cars would hit the Indian market in the second half of this year. The Swedish automobile major plans to have three distributors — one each in Mumbai and Delhi, while the third is yet to be decided, according to Ms Maud Olofsson, ... More

Japan-India `friendship year' events inaugurated
The negotiations for the bilateral Economic Partnership Agreement will start on Thursday. More

HOTELS
Marriott plans more hotels in Pune
Marriott International Inc is set to manage three new hotels being built in Pune over the next three years, the company said in a statement on Thursday. The 153-room Courtyard by Marriott West Pune, the 250-room JW Marriott Hotel ... More

INFRASTRUCTURE
Board of Approval for SEZs to meet today
May review cases of 28 proposals which are stuck More

PETROLEUM
3.9% increase in oil product sales in Dec
Domestic sales rose to 10.5 million tonnes More

POWER
TN, AP, Karnataka utilities overdrawing power
Paying penalties for not following grid discipline More

STEEL
After the binge, the bill
In all fairness to the shareholders of the investor company, their consent must be taken may when the board of directors sets out to do things of Herculean proportions. More

TAXATION
Ambiguities in UAE, India tax pact to go
Investment flows from the UAE into India may see a spurt, just like from Mauritius, with the Union Cabinet giving its nod for removing certain ambiguities in the applicability of the double taxation avoidance agreement (DTAA) between India and ... More

SSI
All-India ideal home exhibition in Madurai
The Madurai District Tiny And Small Scale Industries Association (Maditssia) will be holding the 23rd All India Ideal Home Exhibition at Tamukkam grounds in the city from February 8 to 18. The special arrangement this year is that each sector ... More

WATER
Action plan sought for Vembanad Lake
The World Wetland Day that is observed world over on February 2 is relevant to Kerala because of the existence of a vast wetland system in the State. Having realised the necessity to conserve the Vembanad Wetland System in the State, it was ... More

COAL
Usha Martin to develop captive coal mines
The move will help forge linkages with existing iron ore, power units More

RADIO/TV
Way cleared for sharing sports live feed with DD
Cabinet okays Ordinance to make it mandatory More

CARS
Maruti, Hyundai raise prices
Hikes range from Rs 2,000 to Rs 12,000 More

RURAL DEVELOPMENT
A place for rural tourism
A unique village resort in Andhra Pradesh... amidst hills, sugarcane crop and paddy fields. More

HUMAN RESOURCES
President moots global human resource cadre
Calls for energy security with innovative approaches More

TRADE & LABOUR UNIONS
`Labour welfare schemes must be enforced'
The Tamil Nadu unit of the INTUC has suggested that the Employees State Insurance Corporation (ESIC) be entrusted with the task of enforcing some of the labour welfare schemes. The INTUC State body said the implementation of some of the schemes ... More

RAILWAYS
Continental-Soma venture bags Rs 813-cr Delhi Metro contract
A joint venture between Taiwan-based construction firm Continental Engineering Corporation and Soma Enterprise has bagged a contract worth Rs 813.51 crore from the Delhi Metro Rail Corporation for the construction and designing of tunnel and ... More

TOURISM
Eco-tourism project in Munnar
Srinivasa Shipping & Property Development Ltd will take up an eco-tourism project on 300 acres in Munnar, Kerala, of projected sale value of approximately Rs 100 crore. The Board of Directors of the company has approved the ... More