The Hindu Business Line : Wednesday, July 16, 2008

COAL: Next round of bidding for coal bed methane blocks by Dec
‘NELP VIII will be launched in second half of 2009-10’. New Delhi, July 15 The Government plans to put on offer more coal bed methane (CBM) blocks by December. ...

PETROLEUM: ONGC ready to rope in Petrobras, Statoil
Still waiting for Centre’s nod to develop, explore KG block. Kolkata, July 15 Having set the stage to rope in Petrobras of Brazil and Statoil Hydro of Norway as strategic partners in its hydrocarbon rich KG-DWN-98/2 block in October ...

RADIO/TV: Arasu Cable TV starts operations
Plans to offer over 60 channels for less than Rs 100. Chennai, July 15 Arasu Cable TV Corporation Ltd, the State Government enterprise for providing cable television service, started operations on ...

ECONOMY: Slowdown effect: 24/7 Customer relocates 450 staff to other centres
Close to 450 employees of 24/7 Customer may feel the heat of slowdown and client churn in the BPO industry. With one of its clients announcing a phased ramp-down of offshore call centre partnerships in India, 24/7 Customer has asked the ...

ECONOMY: Banking stocks wilt on macro economic concerns
The sector comes under selling pressure in Asia, Europe also. Mumbai, July 15 Frontline banking stocks dipped significantly on Tuesday, as investors relentlessly sold due to macro economic concerns. All the 16 stocks in the banking index ...

RADIO/TV: TRAI proposal urges cable operators to digitise networks
New Delhi, July 15 The quality of television viewing for 78 million homes having cable connections in the country will improve at a faster rate, if the Telecom Regulatory Authority of India’s proposed changes for the cable industry are ...

WTO: WTO focuses on role of trade in globalisation
New Delhi, July 15 Even as the Doha Round of trade talks remain delicately balanced with the divide between developing and developed countries remain contentious on support to agriculture and industrial tariff cuts, a new report by the World ...

POWER: AP Genco told to expedite pending projects
Describing the current power crisis in the State as temporary, the Andhra Pradesh Chief Minister, Dr. Y.S.Rajasekhara Reddy, today directed AP Genco, which is adding about 8,860 MW in four years, to expedite the pending ...

RADIO/TV: TRAI views on television ratings soon
New Delhi, July 15 The Telecom Regulatory Authority of India is likely to share its views on the need for policy guidelines for Television Audience Measurement (TAM) or Television Rating Points (TRPs). It will also be looking at the need for ...

HUMAN RESOURCES: ‘Hire people with right attitude’
Coimbatore, July 15 Mr Ajai Chowdhry, Chairman and CEO, HCL Infosystems, has urged companies to hire people with the right attitude. He was addressing members of the Confederation of Indian Industry (CII), Coimbatore zone and the Young ...

ECONOMY: Fitch downgrades local currency outlook
Mumbai, July 15 International rating agency Fitch Ratings on Tuesday, downgraded India’s local currency outlook from ‘stable’ to ‘negative’, mainly on account of the deteriorating fiscal position of the Union ...

EVENTS: In discussions

CLIMATE & WEATHER: Hide ’n seek