The Hindu Business Line : Friday, May 25, 2007

COURTS/LEGAL ISSUES
Fortis, Trehan may settle out of court
Fortis Healthcare and the Dr Naresh Trehan — stakeholders of Escorts Heart Institute and Research Centre (EHIRC) — have decided to pursue an out-of-court settlement. "The two partners are working towards mutually-agreed ... More

ECONOMY
`Industry must stop raising prices arbitrarily'
Chidambaram seeks support in combating inflation More

Three years of UPA Government — Importance of looking earnest
Anniversaries are reckoning moments. Behind the glittering lights of urban prosperity lies the dark hinterland of slumbering growth and despairing poverty that the UPA Government, like its predecessors, has ignored. Simply appearing earnest with the right budgetary rhetoric does not create jobs and re-affirm the spiritless farmer's faith in life, says ASHOAK UPADHYAY. More

FERTILISERS
Fertiliser supply gap may hit kharif output in TN
Production constraints expected to hit possible substitutes as well More

FOREIGN TRADE
Chinese delegation to assess Nathula Border trade
A four-member Chinese delegation is expected to arrive in Sikkim next month to assess Nathula Border trade. The Director, State Industries Department, Mr S.P. Subba, said that the delegation is scheduled to arrive at the Nathula Post on June 4 ... More

India, Japan sign IPR pact
India and Japan today signed an MoU for mutual co-operation in intellectual property right (IPR) matters entailing capacity building, HR development and public awareness programmes. The MoU was signed in Tokyo by Minister for ... More

HEALTH
Sensory aid
A therapy centre for differently-abled children that emphasises on inter-disciplinary efforts. More

PSU
Hindusthan Shipyard to come under Defence Ministry
`The Union Government is also proposing to set up a maritime university in Chennai and a wing of the university in Visakhapatnam. It may be housed at HSL.' More

PETROLEUM
Petroleum products export surges 89.1% in April
Enhanced refining capacity in the country has pushed exports of petroleum products and propelled a substantial increase in crude oil imports in April 2007. While crude oil imports saw an increase of 34.9 per cent, export of oil products surged ... More

STEEL
`Steel cos must hold prices or desist from seeking sops'
Prices have gone up by 15% in three years: Paswan More

TAXATION
Tax incentives for adoption
An adoptive parent suggests ways to make child adoption affordable in India More

COAL
BEML, Midwest Granites, Indonesian co form jt venture
For undertaking contract mining of coal globally More

Govt targets 104 mt coal from captive mining
The Union Ministry of Coal has set a target of 104 million tonnes (mt) of coal production through captive mining by 2011 from mining blocks allotted to different public and private companies. While production from four captive blocks stood at ... More

EDUCATION
Addl campus at NTR Health varsity
The NTR Health University, situated at Vijayawada, will soon have an additional campus on a 100-acre site near the Gannavaram airport in the vicinity of the city, according to Dr A.V. Krishnam Raju, the new Vice-Chancellor. At ... More

FOODS & FOOD PROCESSING
Food processing industry worried over new Act
Even as the food processing industry awaits the implementation of Food Safety and Standards Act (FSSA), it is anxious over some of its provisions. Fifty two per cent respondents to study conducted by industry chamber FICCI are concerned over ... More

GEMS & JEWELLERY
Jewellers plan bandh on May 30
The All-India Gems & Jewellery Trade Federation (GIF) along with state association of jewellers Maharashtra Rajya Saraf Mahamandal (MRSM) has declared a State-wide bandh on May 30. Bandh is called for drawing attention of the state officials .. More

REAL ESTATE & CONSTRUCTION
Horizon ties up to build `Market City'
Horizon Realty LLC, a retail focussed fund promoted by the Future Group and builders City Group signed a strategic joint venture on Thursday to build a mixed use `Market City' involving 2.85 million sq ft of retail, commercial and hotel space in ... More

Cushman & Wakefield to market Lanco Tech Hills SEZ project
`World-class township with extensive IT space planned' More

INDUSTRY ASSOCIATIONS
Manmohan cautions India Inc on high level of salaries
`The operation of cartels to keep prices high must end' More

At CII helm
NEW TEAM: The new CII President, Mr Sunil Bharti Mittal, flanked by the outgoing President, Mr R. Seshasayee (right), and the CII Vice-President, Mr K.V. Kamath, at the CII AGM in the Capital on Thursday ... More

Sunil Mittal is new CII President
Mr Sunil Bharti Mittal, Chairman and CEO, Bharti Enterprises, has been elected President of the Confederation of Indian Industry (CII) for 2007-08. He succeeds Mr R. Seshasayee, Managing Director, Ashok Leyland. Mr K.V. Kamath, Managing ... More

NEWSPAPERS & PUBLISHING
Poll vault
The numbers just don't seem to add up for psephologists... More

Hindu MetroPlus Lifestyle show will be held in Chennai, Delhi, Vizag
The Hindu MetroPlus Lifestyle Show will be held in Chennai, New Delhi and Visakhapatnam this year. The five-day consumer exhibition has been held in the last three years in Chennai, Coimbatore, Madurai, Kochi, Bangalore, Hyderabad and ... More

SOCIAL WELFARE
Policy for voluntary organisations will focus on transparency
Stricter administrative, penal procedures on the cards More

RURAL DEVELOPMENT
Praman Allianz partners Srei for community centres
Pursues more implementation orders from other States More

HUMAN RESOURCES
Rs 550-cr plan for skill development approved
Around Rs 5,000 would be spent per person More

TRADE & LABOUR UNIONS
Kochi traders shut shop in protest against demolition
Shops and business establishments in and around the city remained closed on Thursday on account of hartal called by various trade bodies under the Kerala Chamber of Commerce and Industry in protest against the demolition drive on the MG Road, the ... More

EVENTS
Peace meet
(From left) The CPI (M) State Secretary, Mr Manju Majumdar, the RSP leader and State PWD Minister, Mr Kshiti Goswami, the CPI leader and State Water Investigation Minister, Mr Nanda Gopal Bhattacharya, the Forward Bloc State Secretary, Mr Ashok ... More

EXPORTS & IMPORTS
Mills unruffled by Pak stopping wheat export
Move unlikely to affect prices, `availability no problem' More

Royal Enfield developing engine, two bikes for export market
Product out at Birmingham Motor Show; investing Rs 40 cr for development More

VENTURE CAPITAL
Social venture fund
It's a growth fund that invests with a difference... in the ability and can-do confidence of entrepreneurs from the unprivileged classes. More

NATURAL CALAMITIES
Central aid for J&K earthquake reconstruction scheme
The Union Cabinet on Thursday gave its nod for additional Central assistance of Rs 635.88 crore to Jammu and Kashmir for long-term reconstruction of the damaged infrastructure in the wake of October 2005 earthquake. The assistance would come in ... More

BEARINGS, CASTINGS & FORGINGS
Software takes foundry shop trials to table top
Renders casting simulation useful and affordable for small units More

TOURISM
Lost heritage
Door shut too late: A mid-1960s picture of the British Indian Association building at 18, Abdul Hamid Street (formerly British Indian Association Street), which was demolished some years ago to make way for an officecum- commercial complex on the ... More