The Hindu Business Line : Saturday, April 21, 2007

URBAN DEVELOPMENT
TUDA Chairman appointed
The State Government has appointed Mr Chevi Reddy Bhaskar Reddy as Chairman of the Tirupati Urban Development Authority, Tirupati, for three years beginning April ... More

CLIMATE & WEATHER
Uncertainty over Australian wheat crop size
India could be running the risk of a forced entry into the international wheat market at a time when global market conditions have begun to turn somewhat scary. While the northern hemisphere wheat crop is shaping up reasonably well and crop ... More

CONSUMER ELECTRONICS
Major electronic goods makers to meet Chidambaram
The chief executives of four leading electronic brands will meet the Union Finance Minister, Mr P. Chidambaram, next week to discuss various issues related to domestic trade and exports of electronic consumer goods. Mr Moon B. Shin, Managing ... More

COURTS/LEGAL ISSUES
IIMs defer release of admissions list
Await directions from the Union HRD Ministry More

ECONOMY
Monetary Policy Curtain-raiser — Anchoring price expectations
The central bank should not lose steam in its enthusiasm to tame inflation. It should say categorically that it will strive for monetary stability to facilitate orderly growth. This need not necessarily mean a zero inflation rate, but that it can con tain inflationary expectations, without setting "tolerable" targets, says A. SESHAN. More

`Priority for inflation control'
The Finance Minister, Mr P. Chidambaram, said on Friday that inflation control remains a high priority for the Government. He expects the wholesale price index-based annual inflation to ease to 5.7 per cent for the next week (i.e. week ended ... More

Early monsoon onset, good July rains likely
Increasingly converging projections by various weather models suggest that this year, the southwest monsoon could break in earlier than normal, if forecast conditions are to hold and sustain as they have until now. The normal date of onset is ... More

ENVIRONMENT
Call to exempt carbon credit from taxes
The Vizag-based Institute for Solid Waste Research and Ecological Balance (INSWAREB) has urged the Union Government to exempt carbon credit earnings from income tax as well as service tax and to issue separate GOs to dispel all doubts on these ... More

PETROLEUM
Prize Petroleum looking for strategic investor
HPCL's holding in the company may remain at 50% More

Syria will preferentially allot exploration blocks to Indian firms
ONGC offers to assist Syrian Petroleum in oil recovery More

STEEL
Centre assures Orissa all help in Posco project
The Prime Minister, Dr Manmohan Singh, assured the Orissa Chief Minister that the Centre would provide all possible assistance to the Orissa Government in helping Korean steel maker Posco acquire land for its proposed $12 billion greenfield steel ... More

TAXATION
In India, taxes add 20-25% to the cost of computers
The phasing out of CST as a precursor to GST should also give a boost to the industry and benefit customers since it could cut down the costs of sourcing and distribution significantly. More

Cochin Chamber plea against VAT on MRP
The Cochin Chamber of Commerce and Industry has urged the Kerala Government to immediately roll back its recent decision on the imposition of VAT on the maximum retail price (MRP) of packaged goods. The chamber felt that the decision is ... More

WATER
Floating plant
MAKING IT POTABLE: An aerial view of the experimental floating desalination plant, Sagar Shakthi, with a capacity of 1 million litres per day, which works on low temperature thermal desalination method. The plant, constructed by the National ... More

EXIM POLICY
`Transaction cost reduction primary focus of foreign trade policy'
On the exemption of services taxes on exports and those services rendered abroad, Mr Pillai said this has been done on the fundamental principle that countries all over the world only export goods and not taxes. More

Foreign trade policy hailed
The new initiatives in the annual supplement to Foreign Trade Policy 2004-09 announced by the Centre would boost the exports significantly, according to the Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI). "The FAPCCI ... More

Ministry plans open houses on foreign trade policy supplement
`Number of units set up in SEZs must be more' More

EDUCATION
Coaching for engg lateral entry
The Centre for Continuing Education under the Institution of Engineers (India), Kerala State Centre, is conducting classes for the benefit of engineering diploma holders. The classes are meant for those appearing for lateral ... More

CIMA ties up with Christ College for accounting course
Opportunity comes knocking on the doors of B.Com students in Bangalore. Now, they have an option of taking up a course offered by the London-based CIMA (Chartered Institute of Management Accountants), which has launched its first learning ... More

BIFT convocation
The students of Hyderabad-based Badruka Institute of Foreign Trade (BIFT) are securing nearly 100 per cent placements in reputed institutes, according to Dr S.K. Mathur, Director, BIFT. Addressing the fourth convocation of the ... More

Coaching classes for PSC test
The Institution of Engineers (India), Kerala State Centre, Vellayambalam, Thiruvananthapuram, is conducting coaching classes for the benefit of candidates appearing for a State Public Service Commission test for advertised post ... More

Training for high school students
Institution of Engineers (India), Kerala State Centre, is conducting a summer training programme for high school students on `Practical electronics, energy conservation and waste management'. The programme will start next ... More

REAL ESTATE & CONSTRUCTION
Ambuja Realty investing Rs 2,900 cr
Projects planned in Punjab, Maharashtra, Chhattisgarh More

Realty majors make beeline for Hyderabad
Several infrastructure projects unveiled More

INDUSTRY ASSOCIATIONS
Talk on Dakshina Kannada
The Chairman of the Administrative Reforms Commission, Mr M. Veerappa Moily, will address the members of the Kanara Chamber of Commerce and Industry (KCCI) in Mangalore on April 22. A statement here said that Mr Moily would speak ... More

HUMAN RESOURCES
`Talent management' the new mantra for corporates
Can adequate reserves of capital and technology alone ensure the survival of companies? According to Mr A. Aravamudhan, Executive Vice-President-HR, TVS Lucas, resources such as capital, goods and technology can be easily sourced from across the ... More

ENTREPRENEURSHIP
Entrepreneurship programme
Assocham has launched a programme for turning out at least a 1,000 entrepreneurs from schedule castes and scheduled tribes communities under its affirmative action plan. The programme was launched by Dr Sundeep Khanna, ... More

EXPORTS & IMPORTS
COMMODITY COMMENTARY
Publicising pulses import decision can hurt India's interests
Announcement propelling prices higher in global market More

Value of cashew exports down
Raw nuts import rises More

PEOPLE
PR Council Hyderabad chief
The Public Relations Council of India (PRCI) - a professional organisation of PR & Communication specialists - Hyderabad chapter has announced that Mr Ajai Kumar Agarwal, Senior Manger Public Relations, Central Bank of India, has More