Business Daily from THE HINDU group of publications
Friday, October 19, 2007
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INDUSTRY & ECONOMY

CLIMATE & WEATHER
AP clocks 8% rise in rainfall due to cloud seeding
Hyderabad, Oct. 18 A 90-day cloud seeding programme in Andhra Pradesh during the monsoon has resulted in 7,500 mm of rainfall in 12 districts of the State, according to officials.While the total rainfall between July 16 and October 13 ... More

NON-CONVENTIONAL ENERGY
Ethanol blending: Sugar industry in South optimistic
With the 10 per cent blending of ethanol with petrol norm appearing on the horizon, SISMA (South Indian Sugar Mills Association) has decided to counsel its members on tapping this opportunity.Mr N Nageswara Rao, the newly elected ... More

AUTOMOBILES
Where history rolled out on four wheels
The buzz in Motown may be muted today, but automobile history comes alive at Detroit. More

ECONOMY
‘India least likely to be hit by US slowdown’
India is the least likely among Asian economies to be affected by the impending modest US-led slowdown, said a report by Lehman Brothers. Titled “India: Everything to Play For”, the report said that as long as the US GDP ... More

Greenspan, Yunus confirm the need for more JRDs
Mohandas Karamchand Gandhi was struggling with the laptop presented him by JRD Tata on his birthday. He got it right after fiddling with the keys and got down to writing a message to Akshay Khanna who did the role of his son Harilal in the ... More

Direct tax collections till Oct 15 rise 40%
New Delhi, Oct. 18 The Centre’s direct tax revenues continue to remain buoyant, with collections up to October 15 this fiscal recording over 40 per cent growth to Rs 1,21,950 crore (Rs 86,751 crore).While corporate tax ... More

FOREIGN TRADE
S’pore trade plans Chennai office
The Singapore Economic Development Board (EDB) is looking to set up an office in Chennai in the first half of next year to facilitate Indian companies to tap the opportunities in the East via Singapore. “We want to be a platform for Indian ... More

INFRASTRUCTURE
The new industrialisation
Land, not capital, is the scarcest resource for the Indian economy as it prepares for the nest phase of industrial expansion, says ASHOAK UPADHYAY. More

Norms for use of second-hand plant, machinery by SEZs relaxed
New Delhi, Oct. 18 The Commerce Ministry has relaxed an existing restriction on use of second-hand plant and machinery by special economic zone (SEZ) units. SEZ units could now use second hand plant and machinery to the extent of 20 ... More

KCCI for air cargo complex
The Kanara Chamber of Commerce and Industry (KCCI) has sought the establishment of an air cargo complex at Mangalore airport. In a letter to the Chief Commissioner of Customs, Ms Heera Radhakrishnan, the President of KCCI, Mr K. Narasimha Prabhu, ... More

PHARMACEUTICALS
Medicine Shoppe looking beyond Mumbai
Bullish on potential in urban slums More

POWER
Beef up evacuation facilities in southern districts, TNEB told
To support growth of wind power generation More

TEXTILES
Small spinners seek declared power cuts
Coimbatore, Oct.18 South India Small Spinners Association (Sisspa) has asked the State Electricity Board to turn the undeclared power cuts into scheduled power cuts to save the industrial consumers from production loss and equipment ... More

TRAVEL & PLACES
Emirates opens Dubai visa centre in Ahmedabad
Emirate Airlines, which is launching its six-flights-a-week Dubai-Ahmedabad non-stop service on October 28, announced on Thursday the formal opening of the Dubai Visa Processing Centre (DVPC) here to make travel easy for the people travelling ... More

WATER
ADB moots SPVs for water supply
Hyderabad, Oct. 18 Asian Development Bank (ADB) has mooted special purpose vehicles (SPVs) for developing water supply systems in municipal areas.“We have been supporting India at macro level in developing infrastructure, ... More

Kerala plans waterways development authority
Kollam-Kottappuram stretch to open on Nov 1 More

BREWERIES
‘Bagpiper gaining ground over Johnnie Walker’
Reports sales of 13.39 million cases in 2006 More

EDUCATION
Tata Motors’ corporate social responsibility initiative
Kolkata, Oct.18 As part of its corporate social responsibility, Tata Motors Ltd today flagged off its initiative to support the cause of primary and secondary education in Singur.According to a press release, desks, benches, chairs, ... More

TWO/THREE WHEELERS
Two-wheeler sales skid on interest rate hike
More

REAL ESTATE & CONSTRUCTION
Talk of PE funds picking up stake lifts Lok Housing
The market tremor in the last two days could hardly affect Lok Housing & Constructions. According to market sources, a few private equity funds are in the process of picking up 10 per cent stake at a substantial premium to the current ... More

Lodha Group enters Hyderabad
More

INDUSTRY ASSOCIATIONS
CII launches Chennai zone
New wing to address regional issues More

CINEMA
Raj Television plans film production foray
To launch direct-to-home operations More

Gold Coast beckons Indian film industry
Hyderabad, Oct. 18 When the Telugu superstar Chiranjeevi starrer Shankar Dada Zindabad’s song sequence was shot in Australia’s Gold Coast at the end of August, it only represented a growing trend. Portions ... More

FOREIGN DIRECT INVESTMENT
Goldman Sachs among 14 FDI plans cleared
Govt okays a total of Rs 1,257.3-cr proposals More

RURAL DEVELOPMENT
A slice of rural life
For domestic and international travellers who are keen to experience how 75 per cent of India lives. More

SETWIN to be extended
Hyderabad, Oct. 18 The Andhra Pradesh Government is planning to extend SETWIN services to the districts to improve self-employment opportunities in rural areas.The Chief Minister, Dr Y.S. Rajasekhara Reddy, has asked the officials of ... More

HUMAN RESOURCES
Trade with the US — The labour loophole
Angered by opposition to the nuclear deal, the US may tread a familiar track to show its displeasure — banning goods produced from child labour and forced labour, which could hit Indian exports. More

REGULATORY BODIES & RULINGS
DoS favours satellite-based tech for wireless services
New Delhi, Oct 18 At a time when the Communications Ministry is finding it tough to make available radio frequency for cellular operators, the Department of Space has suggested deploying satellite- based technologies for wireless services such ... More

EVENTS
Plastiblends set for Dusseldorf expo
Plastiblends India Ltd has informed the BSE that the company will be participating as an exhibitor for the first time in K-2007 scheduled to be held at Dusseldorf, Germany on October 24-31. The show is a prestigious event represented by diverse ... More

Contest on Indo-Japan relations
More

EXPORTS & IMPORTS
Rupee appreciation works to neighbours’ advantage
Pakistani rupee, taka remain stable against dollar More

Iffco-Tokio , KEIC ink pact
Korea Export Insurance (KEIC) has signed a cooperation agreement with Iffco-Tokio General Insurance to cover local transaction risks of Korean exporters in India. “As per the agreement, Iffco-Tokio is entitled to apply contract terms of ... More

TOURISM
Heritage Valley
Kashmir hopes to add yet another dimension to its tourist attractions — its wealth of heritage sites. More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
Citigroup sees P-note measures deterrent to new hedge fund flows

Two-wheeler sales skid on interest rate hike

GSM operators seek PMO’s intervention on spectrum

‘India least likely to be hit by US slowdown’

Ethanol blending: Sugar industry in South optimistic

‘Bagpiper gaining ground over Johnnie Walker’

Goldman Sachs among 14 FDI plans cleared

Norms for use of second-hand plant, machinery by SEZs relaxed

Rupee rise: TCS to focus on domestic biz

Looking back
Oct. 7-Oct. 13
‘Hike in DEPB rates not the solution to rupee problem’

GVK Bio looking at deal with private equity players

Differing perceptions in steel stock investments

Decision on oil bonds for downstream industry soon

Kamal Nath says exporters need more relief

Hotel bookings? Click online is the way to go

‘Private equity investments to touch $13.5 b in 2007’

Strong Re, overpricing likely to hurt inbound tourism

Finance and the real economy

OECD survey silent on agri reforms

Excise collections up 7.2% in September

Kerala, Assam drag down tea production; exports up in Aug

Rupee appreciation takes toll on healthcare sector

‘Manufacturing units hit by rising rupee, Chinese imports’

PowerGrid plans Rs 16,500-cr investments

Xerox technology to fight forgery

REC defers ECB plan, to tap domestic market

Ministry permits Jet, Kingfisher to import aircraft

Ethanol blending with petrol made mandatory

Volatile politics puts Karnataka power reforms on back burner

Room for recruits: Cement shortage causes construction delay

SARFAESI Act too harsh on us, say micro units

Oilmeal exports likely to rebound

RIL gets formal nod for KG gas pricing formula

Procedural relief for exporters on duty drawback claims


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