The Hindu Business Line : Thursday, April 19, 2007

SOCIAL SECURITY
ESI contribution: `HC cannot interfere at notice stage'
When sufficient safeguards were provided in the ESI Act, it was not for this Court to interfere with show-cause notice More

COURTS/LEGAL ISSUES
AP preparing for SC hearing on Babli issue
The Andhra Pradesh Government is gearing to present its arguments on the Babli dam issue before the Supreme Court when the matter comes up for hearing on April 25. The issue was discussed at a high-level review meeting with senior officials, ... More

ECONOMY
India need not fear a rising rupee
An appreciating rupee shows the strength of the economy and it will be folly to keep it reined-in. It would also be an insult to the great savers of the nation — the ordinary householders, says R. VAIDYANATHAN. More

ENGINEERING
L&T plans manufacturing units in China
Initial investment of $11 million likely More

ENVIRONMENT
Greenpeace drive for yellow bulb ban
Greenpeace, a non-governmental organisation for environment protection, has launched a `Million Signatures' campaign to ban the yellow light bulb here on Wednesday. According to Mr Bidhan Chandra Singh, Campaigner, Greenpeace, the programme ... More

FOREIGN TRADE
Pak-bound tea team set to explore patterns, demand
Plans to send consignment through Wagah border More

HOTELS
Leisure's tent camp in Uttarkashi
Leisure Hotels has announced the setting up of a weatherproof tent camp at Maneri in Uttarkashi to tap the tourism market for the pilgrim centres Yamunotri, Gangotri, Kedarnath and Badrinath in the hilly State. It will offer ... More

PETROLEUM
ONGC to replace KG block rig by March '08
ONGC is hopeful of acquiring the much-needed ultra-deepwater rig for resumption of drilling in the KG-DW-98/2 block in March 2008. The company has already reported a major find in the block with estimated reserves of 2-14 trillion cubic ft ... More

POWER
CAG finds fault with Maharashtra power utility
The report of the Comptroller and Auditor General (Maharashtra) for 2005-06 has shown glaring irregularities in the working of Maharashtra State Electricity Distribution Company Ltd (MSEDCL). MSEDCL is the main power utility in Maharashtra ... More

TAXATION
Maharashtra sales tax arrears at Rs 15,226 cr in '05-06
CAG findings reveal slight improvement in fiscal health More

TEXTILES
Textile mills' body for stemming rising rupee
Industry competitiveness is hit, it says More

SSI
`North-East SMEs facing erratic power supply'
The small and medium enterprises (SMEs) in the North-East receive power only for about 16-18 days in a month against the officially allotted 25 days in a month, according to a Confederation of Indian Industry survey on the SME sector. Power ... More

Perundurai SIPCOT plans more land acquisition
For accommodating industrial plots; awaits Govt sanction More

TYRES
`User units may close down if high rubber prices persist'
`Import duty on rubber too high' More

CIGARETTES
AITUC call to save beedi industry
There is a conspiracy in the country to kill the beedi industry in order to give a boost to the cigarette industry and it should be defeated by all concerned, especially the political parties and the trade unions in Andhra Pradesh, according to ... More

EDUCATION
Fashion technology course
The NTPC-Simhadri organised a three-month course in fashion technology for the women in the villages surrounding the thermal station at Parawada in Visakhapatnam district, according to a press release. A total of 85 women were ... More

Livelihood School in Hyderabad
Basix, a group of financial services and technical assistance companies, launched the Livelihood School here on Wednesday to focus on the challenges of livelihood promotion. Already present in 29 places across the country, the school will work ... More

DSK strikes alliance with French chamber
For setting up school of animation, gaming and design engineering More

Jamboree launches Bangalore centre
Jamboree Education, a coaching and counselling institution, on Wednesday opened a centre in the city. It offers a wide range of services to help students seeking admission in overseas universities to successfully clear ... More

French visa for students eased
Indian students can now have their French resident visa extended for six months after the successful completion of their academic courses to look for further opportunity in France, said Mr Dominique Girard, Ambassador of France ... More

CONSULTING
E&Y unveils outbound tax advisory service
Global professional services provider Ernst & Young has launched an outbound tax advisory service group for India to assist companies making cross-border acquisitions with tax efficient structures for internal transactions. The services will ... More

REAL ESTATE & CONSTRUCTION
Call for real estate investment trusts in India
Mr John Kriz, Managing Director of Real Estate Finance arm of global rating agency Moody's, has advocated creation of real estate investment trusts (REIT) in India. A REIT offers investment opportunities in real estate similar to mutual funds in ... More

INDUSTRY ASSOCIATIONS
TiE Chennai President appointed
The TiE (Indus Entrepreneurs) Chennai has appointed Mr R. Ramaraj as President of the chapter. Mr Ramaraj is Venture Partner with Sequoia Capital, India. Till recently he was CEO of Sify Ltd. The TiE Chennai chapter has more than ... More

RURAL DEVELOPMENT
Nabard plans to recapitalise co-op credit structure
"Nabard will not regulate commercial banks, non-banking finance companies and self-help groups but only other players like non-government organisations, trusts and co-operative societies which are into micro-finance," said Dr Y.S.P Thorat, ... More

EVENTS
Textile expo begins next week at Kolkata
The Chamber of Textile Trade and Industry (COTTI) will organise Tex Vision 2007, the first-ever exhibition on textile trade and industry in the State, from April 24 at the Netaji Indoor Stadium. The three-day event would also be ... More

EXPORTS & IMPORTS
Plan drawn up for 50,000 t urea buffer
Cos offered inventory carrying cost at 8.5% More

UN body projects 9% GDP growth this year
`China, Japan, India would drive growth this year' More

TOURISM
Package tour to China
The Great India Tour Company has announced special holiday packages from Kerala to China. With China emerging as a leading tourist destination, the company has developed customised holiday packages that take visitors to important ... More

Web page for `Dream Season' packages
As part of its `Dream Season' campaign to woo domestic tourists during the traditional `off season', Kerala Tourism is launching a special Web page on its Web site. The Web page - More

ECONOMIC OFFENCES
Profile of a typical fraudster
"The typical fraudster is someone who would be your trusted man, who is efficient in work, and a very smooth operator." More