The Hindu Business Line : Thursday, August 23, 2007

ECONOMY
Inflation goal is 4-4.5% range: Chidambaram
New Delhi, Aug 22 The Finance Minister, Mr P. Chidambaram, on Wednesday assured the Lok Sabha that all fiscal, monetary and supply side measures would be taken to rein in the wholesale price index (WPI) based inflation in the 4-4.5 per cent ... More

Mukesh Ambani calls for new development model
New Delhi, Aug. 22 “How much has India changed in the last 60 years? Till recently we were talking about low single-digit economic growth rate, now we are talking of double-digit growth rate, we are talking about appreciation of the ... More

Lok Sabha passes first batch of demand for grants
‘Macro economy of the country being well managed’ More

ENVIRONMENT
‘Aerobic method to raise paddy can provide benefits’
CONSERVING ECO-SYSTEM More

Green projects get support
More

FOREIGN TRADE
Free trade agreement: Australia, India finalising talks for study
New Delhi, Aug. 22 Australia is finalising discussions with India about a possible joint feasibility study for a bilateral free trade agreement (FTA).This was stated by Mr Michael Moignard, Senior Trade Commissioner-South Asia, ... More

India-S. Africa trade to cross $12 b by 2010
Hyderabad, Aug. 22 The trade between Indian and South Africa is set to cross the $12-billion mark by 2010 from the $6 billion, according to Mr Jardine Omar, Economic Counsellor at the South African High Commission.Asking the ... More

India, Japan complement each other: KPMG
New Delhi, Aug. 22 Among the various factors that would lead to a growth of Indo-Japan relations is Japan’s relatively labour-scarce, capital-abundant economy that complements India’s advantage in human capital. This has ... More

Strengthening ties
More

HEALTH
Not child’s play!
In the light of modern knowledge about fast food, what are marketers and regulators in India doing about responsible marketing? More

INFRASTRUCTURE
Cairn hopeful of producing oil from Rajasthan in 30 months
A 585-km pipeline is to be jointly laid by Cairn and ONGC More

PETROLEUM
Ministry for independent consultant for RIL’s D6 block
The Petroleum Ministry has expressed reservations on the proposal to appoint the Calgary-based D&M to evaluate the field development plan (FDP) of Reliance Industries Ltd (RIL) prolific Krishna Godavari Basin block. The Ministry has ... More

Crude oil output up in July
New Delhi, Aug 22 The country’s crude oil output in July was 0.9 per cent higher than the corresponding month last year, while natural gas production dipped by 1.7 per cent.The crude oil production during the month under review ... More

POWER
PowerGrid files prospectus with market regulator
New Delhi, Aug. 22 Power transmission major PowerGrid Corporation of India Ltd on Wednesday filed its red herring prospectus with market regulator SEBI for an initial public offering.The State-owned company is likely to hit the market ... More

GAIL to infuse Rs 475 cr more in Dabhol project
GAIL (India) Ltd will infuse an additional Rs 475 crore in Ratnagiri Gas and Power Pvt Ltd (RGPPL), the erstwhile Dabhol project, to help complete the project. RGPPL needs Rs 1,200 crore to complete the project. GAIL board, which met on ... More

TEXTILES
Branded saris’ sorry story
As sari usage waned, so did the need for branding. More

SSI
Syndicate Bank, Fitch in pact
Syndicate Bank has entered into a Memorandum of Understanding (MoU) with credit rating agency Fitch. A bank release said that the MoU would facilitate access for small and medium enterprises to reliable rating services to enhance credit ... More

EDUCATION
TCS grooming science grads into software professionals
Recruitments from Tier III cities and rural areas More

GEMS & JEWELLERY
BIS hallmarked gold jewellery
More

REAL ESTATE & CONSTRUCTION
Accounting realties and complexities
Regulators are looking closely at the accounting practices of the real-estate industry players and there are areas that are open to multiple interpretations. More

Akshaya Homes investing Rs 250 cr in Coimbatore
Launching three projects More

Realty got plenty of bank money last fiscal
Home loans account for much of the funding More

DLF’s Durgapur township project
The country’s largest real estate company DLF has clinched a deal to develop an integrated township on 95 acres at Durgapur in the heart of the city. The public-private participation project envisaged by the Asansol Durgapur Development ... More

INDUSTRY ASSOCIATIONS
CII bid to farm talent through contest
The Confederation of Indian Industry (Southern Region) in partnership with technology firms is seeking to farm engineering talent and help career-seekers to come together on a common platform through a contest.iTalent is third such ... More

BIO-TECH & GENETICS
JK Agri’s new Bt cotton version likely by 2010
Will contain a stacked combination of cry1Ac and cry1EC genes More

PACKAGING
Print-n-pack expo from today
The Madurai District Tiny and Small Scale Industries’ Association (Maditssia) is organising a ‘Print-n-pack 2007’ exhibition in the city from Thursday, to showcase advanced technologies in printing and packaging. The ... More

FOREIGN DIRECT INVESTMENT
Modi invites Japanese investors
Gandhinagar, Aug. 22 The Gujarat Chief Minister, Mr Narendra Modi, on Wednesday invited Japanese companies and investors to contribute to the State’s economic development to enable it to emerge as “Mini Japan”, in view of ... More

RURAL DEVELOPMENT
ITC plans smaller Choupal Sagar stores in rural areas
New Delhi, Aug. 22 FMCG and hospitality sector major ITC Ltd said it would set up new small format stores in rural areas on the lines of its existing hypermarket chain, Choupal Sagar, by early next year, as a step to expand its retail ... More

INDUSTRIAL POLICY
Rs 41,200-cr projects get nod in Bengal
Central okay for deep sea port More

EVENTS
Small retailers organise dry fruit festival to counter malls
To hold 10-week mega shopping event in Masjid Bunder area More

ENTREPRENEURSHIP
Pilot project on mentoring in Chennai
More

EXPORTS & IMPORTS
Tea shipments begin from Amingaon inland depot
Kenyan crop, rupee appreciation likely to hit exports More

Telecom equipment export promotion forum launched
New Delhi, Aug. 22 The Minister for Communications & IT, Mr A. Raja, on Wednesday launched an Export Promotion Forum, an industry initiative to make India a hub for telecom equipment manufacturing and export. “It was a long ... More