The Hindu Business Line : Tuesday, May 15, 2007

EMPLOYMENT
MonsterIndia rated best job site
MonsterIndia.com has been rated as the best job site on the basis of site technology, design, usability and content, according to the PC World Web Awards 2007. The initiative by PC World magazine was carried out to recognise the best Indian ... More

CLIMATE & WEATHER
Monsoon onset over Kerala around May 24
Ahead of normal date of June 1 with normal or above normal showers More

NON-CONVENTIONAL ENERGY
Experts debate use of veg oil as bio-fuel
Scientists, experts and policy makers have called for serious discussion on effective and optimum utilisation of vegetable oils to attend to the power and bio-fuel needs of the country. A two-day national seminar on the `role of vegetable oils ... More

Bio fuels: `Meet local energy needs first'
Amidst flurry of activities with regard to biodiesel and its mandatory blend with fossil fuel, an interesting argument is slowly gaining currency - that the non-edible grade vegetable oils should be used locally to attend to local energy ... More

CHEMICALS
Chemical hub: W. Bengal in search of suitable location
Irrespective of problems, the West Bengal Government is committed to developing Haldia as a petroleum, chemicals and petrochemicals industrial region (PCPIR). The search is on for a suitable location for the proposed 10,000-acre chemical hub by ... More

EXCISE AND CUSTOMS
Excise, customs collections up
The first month of the current fiscal has seen robust increase in customs and excise duty collections. Provisional data available with the Finance Ministry shows customs revenues in April 2007 at Rs 7,221 crore. This represents a ... More

FOREIGN TRADE
Japan's initiatives to forge strong economic ties with India
Indian fashion show planned in Osaka in July More

INFRASTRUCTURE
TransAsia plans $1-b India-specific fund
Primary focus on Bengal infrastructure projects More

New delight
STRONG ENOUGH: A hanging bridge across the Malathi River in Theertha Halli Taluk in Shimoga in Karnataka. This 96-metre bridge, connecting Bheemana Katte-Shavali, was constructed at a cost of Rs 27 lakh and was thrown open to public recently. ... More

PETROLEUM
Hazira project: Shell not interested in diluting stake
The Hazira project is one of the largest greenfield FDI in the energy sector in the country. More

PHARMACEUTICALS
Lupin, Glaxo part ways on Philippines agreement
They had marketing alliance for promoting Lupin's TB drugs More

TAXATION
Panel for `rationalising' taxes in shipping sector
Concerned over the multiple taxes levied on the domestic shipping sector such as minimum alternate tax, corporate income tax, withholding tax, and income tax for seafarers, a Parliamentary Panel has called for "rationalisation and reduction" of ... More

GST roadmap preparation to gather pace
The preparation of a roadmap for introduction of a national level goods and services tax (GST) from April 1, 2010 is likely to gather pace, with the Union Finance Ministry formally issuing an order that the VAT Panel would work with the Centre on ... More

TEXTILES
Textile sector: Public-pvt partnership model for vocational training mooted
11th Plan sees employment for 6.5 m in the sector More

EDUCATION
`Interface needed between education and economy'
There is a large gap in the availability of skilled manpower and to bridge the gap an interface is needed between the education system and the needs of the economy, said the President, Mr A.P.J. Abdul Kalam. Talented ... More

MCX to organise programmes on futures and options
Multi Commodity Exchange has joined hands with the Washington-based Institute for Financial Management (IFM) to conduct three programmes on Futures and Options in India. The two-day programmes would be held in Mumbai, Bangalore and Delhi after ... More

CARS
`Two auto majors plan portals for online sales'
US-based Trilogy offers patented tech, database solutions More

REAL ESTATE & CONSTRUCTION
`Real estate prices may not see radical correction'
There may be no respite yet from soaring apartment prices. Real estate prices are not likely to see a radical correction, said Mr S.K. Mitter, Director and Chief Executive, LIC Housing Finance Ltd. "Demand continues to outstrip supply in major ... More

RURAL DEVELOPMENT
Rural thrust
PLAN CONCLAVE: The Finance Minister, Mr P. Chidambaram, with the Chairman of Economic Advisory Council to the Prime Minister, Dr C. Rangarajan, during the Full Planning Commission Meeting at Yojana Bhavan in the Capital on Monday. ... More

HUMAN RESOURCES
`High labour cost affecting cotton farming'
Industrialisation renders farm labour costly More

`Market for architects, engineers may grow 30%'
Study predicts 15-20% rise in pay packages More

ENTREPRENEURSHIP
Entrepreneurs receive industrial merit awards
Electrolytic iron powder that fortifies flour, an aluminium pod for a multi-barrel rocket launching system and a low-cost brewing system were amongst the products that received the Industrial Merit Awards for 2007 given by the Mahratta Chamber of ... More

INCOME TAX
Sachin's endorsement fee not tax deductible: CAG
He owes nearly Rs 4 crore in back taxes More

EXPORTS & IMPORTS
Seminar on export factoring today
A seminar on export factoring is to be held in Tirupur on Tuesday. The seminar is being organised by the SBI Factors and Commercial Services Pvt Ltd in association with the Tirupur Exporters Association (TEA). To be presided over ... More

TOURISM
Carlson Wagonlit launches new management centre
Carlson Wagonlit Travel (CWT), world's second-largest travel management company, has announced the launch of the CWT Programme Management Centre (PMC). This global Web-based tool provides travel managers and buyers with a central gateway for easy ... More