The Hindu Business Line : Saturday, December 22, 2007

COURTS/LEGAL ISSUES
‘Jobs for family of deceased as per rules only’
Appointments on compassionate grounds were an exception to Articles 14 and 16 of the Constitution, and not a new source of recruitment, Madurai Bench of Madras High Court has held. The court could only enforce the rules, which were in ... More

ECONOMY
Kerala Govt opposes 11th Plan approach
‘Not helpful to small farmers, weaker sections’ More

World Bank okays $225-m loan to Bihar
The World Bank approved $225 million loan/credit to Bihar to support the State in implementation of critical structural reforms to attain sustainable and inclusive development besides improving the delivery of services.While $150 ... More

ENVIRONMENT
‘Environment policy in draft form for too long’
India’s resources would be over-exploited if not used responsibly: Seshasayee More

INFRASTRUCTURE
India Infrastructure gets tax sops
New Delhi, Dec 21 In a bid to give a further boost to infrastructure financing, the Finance Ministry has now allowed India Infrastructure Finance Company Ltd (IIFCL) to receive certain interest payments without them being subjected to tax ... More

301 projects delayed, cost overrun put at Rs 48,961 cr
It was imperative that India “dreamt big” as China in terms of size and scale of operations. More

Low utilisation of funds under externally-aided projects
Thiruvananthapuram, Dec. 21 The expenditure of funds for externally-aided projects in Kerala in 2006-07 was just 30 per cent of the total outlay.According to the estimates available, the total outlay for the projects for the year was at ... More

Plea to speed up SIPCOT land acquisition
The All-India Chamber of Commerce and Industries, Tuticorin, has appealed to the State Government to expeditiously acquire land for the development of SIPCOT Industrial Estate.According to the chamber President, Mr J.P. Joe ... More

PSU
TDP opposes equity dilution in Vizag Steel
Visakhapatnam, Dec. 22 Telugu Desam Party is opposed to the decision taken by the board recently to dilute the equity of the Rashtriya Ispat Nigam Ltd (RINL) here to the extent of 25 per cent. The party will also oppose any move to merge RINL ... More

PETROLEUM
No consensus on petro products in GST
More

Kochi LNG terminal: Petronet set to sign contract with Japanese firm
LI to be issued after board meeting on Jan 16 More

TAXATION
Ministry for reducing taxes on buses for public transportation
States urged to waive taxes on intra-city buses More

TEXTILES
Textile body reiterates need for tax refund to exporters
New Delhi, Dec. 21 The Confederation of Indian Textile Industry (CITI) has suggested that the four per cent additional customs duty collected by the Central Government on imports may be used for financing refund of State-level duties to ... More

SSI
Small, medium units set to post 65% growth in 2 years
Bangalore, Mumbai emerge top spots for operations in Dun and Bradstreet study More

WATER
‘Madurai marathon’ on Jan 13
Madurai, Dec. 21Madurai-based DHAN (Development for Human Action), an NGO, will on January 13 hold the second edition of Madurai Marathon to sensitise the public on the importance of heritage water resources. The inaugural edition, ... More

RADIO/TV
BT Media beefs up network for carrying broadcasters to new markets
New Delhi, Dec. 21 BT Media and Broadcast is in talks with Indian broadcasters eyeing international markets to get them to opt for its fibre optic network instead of the traditional satellite platform. The company, which recently ... More

Essel group’s Agrani buys India beam on ProtoStar-1
Satellite to be launched from French Guyana in May 2008 More

EDUCATION
Wipro, Andhra University ink pact for collaboration
Wipro Ltd has entered into a Memorandum of Understanding (MoU) with Andhra University, Visakhapatnam, to collaborate in various academic and research activities. As per the MoU, the Bangalore-based company and the university would take ... More

HOME APPLIANCES
Microwave market set for high growth
Production to increase to 10 lakh units More

ELECTRICAL GOODS
Power Ministry to promote energy efficient appliances
Interaction on with industry associations More

REAL ESTATE & CONSTRUCTION
Home, sweet home!
More

INDUSTRY ASSOCIATIONS
Particle and fibre board cos form body
Hyderabad, Dec. 21 Senior representatives of particle board and medium density fibre board manufacturing companies have decided to form a joint association to review and represent on issues of common interest to the industry. The ... More

WTO
Gambling services of US out from services offer commitments of WTO
US offers concessions to EU in bilateral pact More

RURAL DEVELOPMENT
Bank on mobiles, car batteries for financial inclusion
2007 witnesses implementation of IT-enabled pilot projects More

Indo-German pact for rural credit
The Union Government and the German Government Bank KfW have signed two loan agreements for financial assistance from Germany amounting to €190 million (Rs 1,070 crore). The first agreement was for providing soft loan of €140 million ... More

EVENTS
Mantra of corporates: ‘Hire for attitude, train for skills’
Bangalore, Dec. 21 For a fresh MBA graduate, a job interview can be a nerve-wracking experience if he or she is not aware of the nuances of handling an interview. With the hiring process evolving over the years, it is pertinent for a ... More

Business school seminar
Park Global School of Business Excellence is organising a workshop on ‘Export market evaluation and strategic alliances’ on December 22 and 23 at Coimbatore. It would be conducted by Dr Sumit K.Kundu, Professor at Florida ... More

EXPORTS & IMPORTS
Defence imports to touch $30 b by 2012: Assocham
New Delhi, Dec 21 India’s military hardware and software imports are likely to touch $30 billion by 2012 as the Armed Forces were expected to sign defence deals for multi-role fighter jets, 1.55 mm Howitzers, a variety of helicopters and ... More