Business Daily from THE HINDU group of publications
Tuesday, March 18, 2008
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TAMIL NADU
‘We recruit for attitude and train for skills’
A global mindset is necessary for aspiring management graduates, as what is happening in the world is happening in India today, according to Mr M.M. Murugappan, Managing Director, TI Cycles of India, Chennai.Activities today carry a ... More

DESI to take EmPower project to 10 more locations
Decentralised Energy Systems India Pvt Ltd (DESI) plans to expand its ‘100 village EmPower’ partnership programme to 10 more locations across India. Launched in 2005, the programme was first set up in Araria district, Bihar, where ... More

DP World Chennai inducts 4 RTGs at Chennai terminal
Chennai, March 17 DP World Chennai, part of the Dubai-based DP World, has inducted four new Rubber Tyre Gantry (RTGs) at the Chennai container terminal. The new RTGs costing Rs 38 crore was procured from Gulf Port Cranes, Abu Dhabi.Mr ... More

Kareem calls for focus on domestic market
Kochi, March 17 The State Industries Minister, Mr Elamaram Kareem, called upon the industries to focus more on domestic market than exports in order to achieve better growth. He said this would also ensure social progress in a more equitable ... More

Power demand to rise in 9 districts
The requirement of electricity of the nine southern districts in Tamil Nadu will increase to 13,700 million KWh (kilowatt hour) by 2011-12 and rise further to 21,200 million KWh by 2016-17. Currently, the consumption is around 8,700 million KWh, ... More

‘Extend interest subvention’
Tirupur Exporters’ Association (TEA) has called upon the Finance Ministry to extend the four per cent interest subvention on export packing credit for one more year. The association has made the request as the interest subvention on pre- ... More

ANDHRA PRADESH
Girijans protest against bauxite mining
Visakhapatnam, March 17 Tension prevailed on the premises of the Visakhapatnam District Collector’s Office here on Monday morning, when Girijans held a demonstration against the proposal of the State Government to take up bauxite mining ... More

AP cabinet okays sales tax cut on ATF
Hyderabad, March 17 The Andhra Pradesh Cabinet on Monday approved the lowering of sales tax (ST) from 33 per cent to 4 per cent on aviation turbine fuel (ATF) along with bringing down professional tax from 14 to 4 per cent. The professional ... More

Steel traders flay RINL for price hike
Visakhapatnam, March 17 The steel traders here have blamed Rashtriya Ispat Nigam Ltd (RINL) for the huge hike in steel prices and also for “artificial scarcity” in the local market created by the “faulty policies” of ... More

AP announces loan waiver
Hyderabad, March 17 The Chief Minister, Dr Y.S. Rajasekhara Reddy, today announced another major loan waiver scheme of Rs 1,690 crore that covers women, minorities, disabled persons, backward and scheduled castes.In a statement in the ... More

International travellers to pay Rs 1,100 fee at Hyderabad airport
International passengers using Hyderabad will have to pay Rs 1,100 or $28 as user development fee (UDF) when the new airport starts operations. This includes a service tax of 12.36 per cent that would go to the Centre. The Civil Aviation ... More

Uncertainty over airport launch date hurting GMR
Hyderabad, March 16 With the Ministry of Civil Aviation (MoCA) choosing not to indicate a fresh date for shifting of operations from the Begumpet airport to the Rajiv Gandhi International Airport, the GMR Hyderabad International Airport is set ... More

KERALA
Travel firms join hands
InterGlobe Enterprises Ltd and the Kerala-based Air Travel Enterprises have entered into a strategic business agreement. According to an InterGlobe press statement, the agreement enables co-branded promotional activities between the two ... More

In black and white
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Rs 850-crore Kinfra projects under way
Thiruvananthapuram, Mar. 17 The Kerala Industrial Infrastructure Development Corporation (Kinfra) is implementing 11 projects, which are expected to attract private investments to the tune of Rs 850 crore, according to the Industries Minister, ... More

KSEB inks pact with wind energy promoters
The Kerala State Electricity Board (KSEB) has signed agreements for purchase of power with four promoters of wind energy projects in the State.The wind energy projects are coming up in Palakkad and Idukki districts. A total of 33 wind ... More

TRL promoters seek change in GO
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Frameboxx to open 3 more centres
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KARNATAKA
BIA users worried over higher costs for services
New Bangalore airport halves user fee for 2 months More

‘IT has revolutionised banking operations’
The diverse applications of information technology (IT) in banking sector – from the days of local area networks (LANs) to the current era of Internet banking, from the days of the use of Advanced Ledger Posting Machines (ALPMs) to the ... More

OTHER STATES
ITH opens office in Noida
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Omaxe's Rs 180-cr project in Noida
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WEST BENGAL
Rs 75-cr tax proposals in Bengal Budget
Kolkata, March 17 The West Bengal Finance Minister, Dr Asim Dasgupta, presenting the State Budget for 2008-09 here today at the Assembly, projected a total expenditure of Rs 52,092.73 crore, against total receipts of Rs 52,015.73 crore, ... More

Eastern Railway traffic up 5.28%
More






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