The Hindu Business Line : Wednesday, September 19, 2007

COURTS/LEGAL ISSUES
Sundaram Ind told to pay difference in wages
The Madurai Bench of the Madras High Court has directed Sundaram Industries Ltd (Rubber Factory), Madurai, to pay to workmen their claim of difference in wages as compared to other workmen covered by settlement under Section 18(1) of the ... More

ECONOMY
Indians take to insurance spending in a big way
Raising resources poses a challenge for the industry More

Fed will go 50 bps
As this is being written, the all-important meeting of the Federal Open Market Committee (FOMC), which decides on US interest rates, looms ahead.Far more than the usual excitement (and, it must be said, anxiety) are preceding this FOMC ... More

Call for database for policy making
More

EXCISE AND CUSTOMS
Zero customs duty on digicams, flat monitors
New Delhi, Sept. 18 In a major relief to the industry, the Finance Ministry has clarified that flat panel monitors and digital cameras will be treated as IT products with nil customs duty, although this will not mean any change in product ... More

Refund mechanism for addl duty
The Finance Ministry has softened the blow on the 4 per cent additional customs duty by putting in place a refund mechanism for such a duty on all goods imported into India for subsequent sale within the country. This 4 per cent additional duty ... More

HEALTH
EYE CARE SERVICES IN WEST BENGAL - A BUSINESS LINE FEATURE
The dawn of a new vision
Until recently people from West Bengal in general and Kolkata in particular headed South – especially to Chennai and Hyderabad – for their eye care requirements. This was because of two important factors. One, the non-availability of ... More

Coir workers suffering from occupational diseases
Kochi, Sept. 18 A large number of coir workers in Kerala’s Alappuzha district suffer from lung and chest problems, besides falling easy prey to epidemics such as viral fever and chikungunya.A majority of the six lakh coir workers ... More

PETROLEUM
Iran pipeline meet: Govt yet to decide
New Delhi, Sept. 18 The Government is yet to decide on whether it would participate in the expert-level meet to be followed by a high-level meet called by Iran on the tri-nation (Iran, Pakistan, India) gas pipeline project.Official ... More

PHARMACEUTICALS
NPPA leans on IISc’s chemistry advice
To identify derivatives of the 74 bulk drugs under its purview More

POWER
Crompton Greaves bags 3 power distribution divisions in Nagpur
Will sign franchise pact with Maharashtra State Electricity Distribution Co for 15 years More

Indo Asian Fusegear to enter power distribution
New Delhi, Sept. 18 Electrical equipment manufacturer Indo Asian Fusegear Ltd (IAFL) on Tuesday announced plans to foray into the power distribution. The Delhi-based firm would set up a new company, Indo Asian Power Distribution and ... More

NHPC signs pact with PFC
New Delhi, Sept. 18 National Hydroelectric Power Corporation (NHPC) has signed three memorandum of agreements with Power Finance Corporation (PFC) for line of credit facilities aggregating Rs 3,000 crore to meet funding requirements for its ... More

WATER
Concern over depletion of groundwater resources
‘States must introduce modified groundwater legislation’ More

RADIO/TV
CAS disappoints consumers, says VOICE study
New Delhi, Sept. 18 More than two thirds of television consumers prefer the older cable system over the conditional access system introduced by the Government in areas of New Delhi, Kolkata and Mumbai on January 1. VOICE ... More

Allow new players to offer mobile TV: TRAI
‘Existing telecom players not to be hit by proposed guidelines’ More

EDUCATION
MoU signed for Kerala School of Mathematics
Thiruvananthapuram, Sept. 18 The Kerala State Council for Science, Technology and Environment (KSCSTE) and the Department of Atomic Energy (DAE) have signed a memorandum of understanding for establishing a ‘Kerala School of ... More

CARS
New car buyers seek design, performance: Study
‘Maruti Suzuki still top brand of choice’ More

MEDICAL INSTITUTIONS & HOSPITALS
Hospitals headed for shortage of nurses
More

REAL ESTATE & CONSTRUCTION
‘Small cities will transform realty landscape’
New Delhi, Sept. 18 As many as 11 cities in the country are emerging as new growth centres with the potential to lead the transformation of the Indian real estate sector, a report by FICCI and Ernst & Young said on Monday. The ... More

SCIENCE & TECHNOLOGY
India to have world’s best Met services system by 2013: Sibal
Rs 900-cr package awaits Cabinet nod More

GRANITE & MARBLE
Citi Venture Capital invests Rs 150 cr in SVIL Mines
To increase the level of investment in India to $1.6 b More

GENDER
Archies dedicates a day for daughters
Kolkata, Sept. 18 Parents, gifted with one or more daughters, will now have a day to celebrate their pride, courtesy Archies — the card and merchandise company. The company has launched a celebration campaign for parents on four ... More

REGULATORY BODIES & RULINGS
DoT seeks operators’ views on spectrum allocation, pricing
New Delhi, Sept. 18 With the GSM-based operators issuing a legal notice to the Government expressing their concern over spectrum allocation, the Department of Telecom has thrown the ball back into the operator’s court by asking them to ... More

EVENTS
B-school to host management fest
Srinivas Institute of Management Studies (SIMS), Mangalore, will conduct ‘Magma 2007’, a management festival for postgraduate students here on September 22. Addressing presspersons here on Tuesday, Dr P.S. Aithal, Principal of SIMS, ... More

ENTREPRENEURSHIP
TN’s first generation entrepreneurs honoured
The Confederation of Indian Industry honoured five distinguished first generation entrepreneurs in Tamil Nadu with its second edition of the ICCI-Venture-CII Entrepreneurship Awards on Monday.The entrepreneurs have not only made their ... More

CII inks MoU with Gujarat for tribal entrepreneurs
Ahmedabad, Sept. 18 With a view to fostering development in backward tribal areas of Gujarat, the Confederation of Indian Industry (CII) has signed a memorandum of understanding with the Tribal Development Department of the Gujarat Government ... More

ECONOMIC OFFENCES
India’s opium report card ‘clean’
‘The Government can be correctly proud of its diligent law enforcement agencies’ More