The Hindu Business Line : Sunday, June 01, 2008

NON-CONVENTIONAL ENERGY
‘National climate plan on the anvil’
Hyderabad, May 31 The Centre was in the process of finalising a National Action Plan on climate change, which is likely to be announced some time next month, according to Mr Shyam Saran, Special Envoy to Prime Minister on climate ... More

ECONOMY
Decision on fuel price remains open
New Delhi, May 31 The public sector oil marketing companies (OMCs) that are suffering revenue loss due to spurt in international crude oil prices may have to wait till next week for a bail out package. The package is expected to include a ... More

Weekly News Round-up
After almost a month of hard negotiations, Bharti Airtel ended talks on a possible merger with South Africa's MTN because of disagreement over the holding structure. Bharti said the structure proposed by MTN would not capture the synergies of ... More

ENVIRONMENT
About 40 cos to be part of CII green gases project
Hyderabad, May 31 Around 40 companies, including Tata Steel, Godrej & Boyce, Infosys, Wipro, Ashok Leyland and Apollo Hospitals, have agreed to implement an accounting standard on greenhouse gas emissions.The accounting standard is ... More

HEALTH
BILT bags HIV programme award
More

PETROLEUM
Essar’s Raniganj block likely to begin gas output by year-end
15 production wells to be drilled in 500 sq km coal-bed methane block More

Air India hikes fuel surcharge
New Delhi, May 31 Domestic air travel could become more expensive from June 3 following the decision of oil companies to increase the sale price of aviation turbine fuel. Immediately after oil companies announced an increase of Rs 10.83 ... More

TAXATION
Large taxpayer unit opens in Delhi on June 4
New Delhi, May 31 The Capital will soon have a large taxpayer unit (LTU) to help large tax assessees reduce transaction and compliance costs through a single-window administrative machinery. The Finance Minister, Mr P. Chidambaram, will ... More

SSI
A less stringent market for SMEs
The need for a market for Small and Medium Enterprises (SMEs) that specifically addresses the needs for such companies has been long felt in India. The Over The Counter Exchange of India (OTCEI) and Indonext platform on the Bombay Stock ... More

COAL
Coal India enters into firm pacts with most customers
Expected to supply coal beginning mid-July More

MEDICAL INSTITUTIONS & HOSPITALS
Apollo Gleneagles to invest Rs 1,400 cr in next 2 years
To set up 2,000 more beds; increase number of pharmacies More

REAL ESTATE & CONSTRUCTION
Realty funds provide for hassle-free investing
More

MINERALS
JSW to develop iron ore mines in Chile
New Delhi, May 31 JSW Steel plans to invest approximately $500 million over the next three years to raise capacity of the iron ore mines it has acquired in Chile.The company also plans to commence commercial operations in the coking ... More

EXPORTS & IMPORTS
Duty drawback on iron, steel, rice, cement goes
Move to discourage exports More