The Hindu Business Line : Friday, June 01, 2007

Talks on urban infrastructure fund
The Government is talking to the World Bank for setting up an urban infrastructure fund for making available easy loans for city development programmes, said Mr M. Ramachandran, Secretary, Union Ministry of Urban Development. "We ... More

ECONOMY
Inflation dips for 4th week
The Finance Minister, Mr P. Chidambaram, said on Thursday that the inflation has dipped to 5.06 per cent for the week ended May 19 from 5.27 per cent in the previous week. The key wholesale price inflation rate is usually announced at noon ... More

Chidambaram confident of sustaining over 9% growth rate
`The way forward to eradicate poverty, generate quality employment' More

GDP growth for 2006-07 revised upwards to 9.4%
Corporates replace consumers as growth drivers More

Punjab Annual Plan fixed at Rs 5,111 crore
Includes Rs 150-cr additional Central assistance More

ENVIRONMENT
`No mandated green house gas reduction targets'
India will not take up any mandated green house gas (GHG) reduction targets, the Environment Ministry Secretary, Dr Prodipto Ghosh, has reiterated here. He maintained this position even as a high-level committee under the chairmanship of Mr R. ... More

Lanco's gas project gets CDM tag
Aban Power Company Ltd, a natural gas-based power project of the Lanco Group located in Tamil Nadu, has been registered as CDM (Clean Development Mechanism) project with the United Nations Framework Convention on Climate Change. The company ... More

NGO wants hearing on Jindal unit postponed
Samata, a voluntary organisation claiming to fight for the rights of Girijans, has appealed to the State Government and the Andhra Pradesh Pollution Control Board (APPCB) to postpone the public hearing on the proposed Jindal alumina refinery at ... More

FOREIGN TRADE
Mumbai declaration to boost India-Gulf ties
Calls for holding co to promote jt venture projects More

HEALTH
`Project Connect' in Dakshina Kannada
Population Services International (PSI) is initiating `Project Connect' in Dakshina Kannada district to create awareness on HIV/AIDS among workforce, according to Mr Joseph Mathai, Director (Corporate Partnerships), PSI. Speaking at a health ... More

INFRASTRUCTURE
Navi Mumbai airport project gets Cabinet nod
The Union Cabinet on Thursday gave its nod for the construction of an international airport at Navi Mumbai. The airport is to be developed as a greenfield project through the public-private partnership route. The need for a second airport in ... More

PSU
Minister reviews PSUs' working
The Union Minister for Heavy Industries and Public Enterprises, Mr Santosh Mohan Dev, reviewed the performance of central public sector undertakings, including Hindustan Cables, here today. HCL was the sole supplier of ... More

PETROLEUM
Surat-Vapi gas pipeline commissioned
With Chief Minister Mr Narendra Modi inaugurating extension of the gas grid to the industrial hub of South Gujarat in the Surat-Vapi region today, the State has moved closer to its 2010 goal of a gas-based industrial growth and economy. Gujarat ... More

IOC scouts for gas for internal use at Haldia unit
Taking a cue from a number of hydrocarbon strikes in Orissa and the East coast in general and Reliance's investment in gas pipeline to Haldia, IndianOil has began scouting for approximately 1.2 million standard cubic metre of gas a day (mmscmd) ... More

POWER
TELK-NTPC joint venture approved
Azhikkal and Beypore ports to be developed More

SSI
SIDCO plans two modern tool rooms
Kerala Small Industries Development Corporation (SIDCO) is planning to set up two new modern tool room-cum-training centres and upgrade an existing one in view of the increasing demand for precision tooling and trained manpower in the SSI sector ... More

International expo for SMEs
The Small Industries Service Institute (SISI) here would facilitate the participation of small and medium enterprises in the 22nd International Exhibition to be held at Buenos Aires, Argentina, from July 13 to 18. All registered ... More

WATER
Placid project
A VIEW OF Prakasam Barrage in Vijayawada. The Centre has cleared the Rs 830-crore Krishna Drinking Water Supply Project (Phase II) to augment water supply to Hyderabad. ... More

RADIO/TV
ESPN STAR awarded Afro-Asia Cup rights
Nimbus deal cancelled due to `non-fulfilment of obligations.' More

EDUCATION
Bapatla College implementing e-learning module
Bapatla College of Engineering in Andhra Pradesh is implementing an e-learning module based on a Digital Media Server (DMS). "From this academic year, we are implementing a two-way interactive learning system based on Cisco DMS in our college. ... More

Raghuram Rajan to be CAF fellow at ISB
Mr Raghuram Rajan, Professor of Finance at the Graduate School of Business, University of Chicago, will be the Academic Fellow 2007 at the Centre for Analytical Finance (CAF) at the Indian School of Business (ISB). "Prof Rajan has been ... More

Sikkim Manipal's course in IMS
Technology training provider IIHT Ltd and Sikkim Manipal University have jointly launched graduate degree and post-graduate diploma courses in infrastructure management services (IMS). The BSc IMS is a three-year programme ... More

MEDICAL INSTITUTIONS & HOSPITALS
Hospital for children with heart ailments
Senior paediatric cardiologists have joined hands to set up a dedicated hospital to attend to children suffering from heart ailments. The Rs 15-crore Innova Children's Hospital will offer medical facilities of global standards, Dr K.S. Murthy, ... More

REAL ESTATE & CONSTRUCTION
Bengal may soon offer land for Infosys project
The West Bengal Government's Department of Information Technology has intensified efforts to identify land for Infosys' proposed facility in Kolkata. According to Mr Siddharth, Principal Secretary in West Bengal's IT Department, the State ... More

Creative destruction?
Alongside the "destruction" Kerala has been witnessing of late, there is more than a modicum of creation as well. And that it is occurring in the potentially high-growth IT sector is something that ought to be welcomed. More

VGN Enterprises looking at large residential projects
What does a 65-year-old real estate company that has maintained a low profile do when it finally realises it needs to show off to stand out in a crowded field - rope in Ms Mandira Bedi as a brand ambassador. VGN Enterprises, a Chennai-based ... More

FOREIGN DIRECT INVESTMENT
UBS India among 23 FDI plans cleared
The Government cleared 23 proposals allowing foreign direct investments worth Rs 418.33 crore, including those of UBS India, Christian Dior Couture, BT Telecom India and Bombay Stock Exchange. A proposal from UBS India Private Ltd for bringing ... More

REGULATORY BODIES & RULINGS
Consumers CAS happy, choose free-to-air
Mr Kunal Dasgupta, CEO Sony Entertainment Television, says once news and regional channels also go paid, viewers will have little else to watch. More