The Hindu Business Line : Wednesday, August 13, 2008

INDUSTRY & ECONOMY

ECONOMY: Industrial growth in June slows to 5.4%
However, it is sequentially higher than the May numbers. New Delhi, Aug. 12 Amid a continuing lacklustre performance by the core sector, industrial output registered a modest 5.4 per cent growth in June 2008 compared with a much higher 8.9 per ...

ECONOMY: Core sector growth slows to 3.4%
New Delhi, Aug. 12 Growth in six core infrastructure industries slowed down to 3.4 per cent in June 2008 against 5.2 per cent in June 2007 due to the dismal performance of five sectors — electricity, finished steel, crude oil, cement and ...

NON-CONVENTIONAL ENERGY: AP hikes tariff for wind power projects
Hyderabad, Aug. 12 The Andhra Pradesh Government has decided to raise the tariff for wind power projects to Rs 3.50 per kWh (kilowatt hour) to help and encourage the wind farm ...

EVENTS: Nearly 600 cos expected to participate in Aero India ’09
CII is event manager for expo slated for Feb. Bangalore, Aug. 12 Aero India 2009 will have nearly 600 domestic and international armament companies taking part, according to the first official communiqué on the event that is exactly six ...

ECONOMY: Manufacturing sector concerned over performance
New Delhi, Aug. 12 The IIP numbers released on Tuesday have got the manufacturing sector worried. It fears that the GDP growth is likely to be closer to 8 per cent as industrial production suffered heavily in the first quarter of this ...

INCOME TAX: I-T waiver for seafarers stressed at shipping meet
Need for more ship-building facilities also discussed. Kolkata, Aug. 12 The 110th meeting of the National Shipping Board was held at Paradip port on Tuesday. This was the last meeting of the present ...

PSU: APIIC looking at forming separate co for SEZs
Hyderabad, Aug. 12 The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) is looking at creating a separate company for the special economic zones (SEZ) being developed by it. ...

ECONOMY: For marketmen, IIP numbers are in line with expectations
Focus now shifts to SEBI board meeting. The Index of Industrial Production (IIP) figure of 5.4 per cent for the month ended June 30, 2008, was more or less in line with the market expectation. “The June IIP was in line with the consensus ...

PETROLEUM: ONGC receives nod to include Petrobras, Statoil in KG project
May open opportunity for securing ultra-deepwater rigs from partners. Kolkata, Aug 12 The Centre has allowed Oil and Natural Gas Corporation Ltd, the E&P major, to include Petrobras of Brazil and Statoil Hydro of Norway as strategic ...

RADIO/TV: NDTV Imagine launching Bollywood entertainment channel
New Delhi, Aug. 12 NDTV Imagine, in partnership with Cinestar Advertising Pvt Ltd, is launching Imagine Showbiz, a channel for Bollywood lovers. And that pretty much accounts for 90 per cent of the television viewing public in India, says Mr ...

BUSINESS MODELS: Shortened supply chain
Mumbai, Aug. 12 The cash and carry business model brings together small, medium and large-sized producers, farmers, agricultural cooperatives and manufacturers, with the dispersed community of hotels, restaurants, caterers, traders, retailers ...

MEDICAL INSTITUTIONS & HOSPITALS: 2nd wellness centre from Manipal Cure & Care
Manipal Cure & Care says its newly launched second wellness centre in Sarjapur introduces fitness, exercise and sports medicine for the first time along with its other ...

REAL ESTATE & CONSTRUCTION: Q2 sees residential market stabilising
Availability of new supply, shrinking demand from investors and rising interest rates have led to the ‘stabilisation’ of capital values in high-end and mid-range residential market across the National Capital Region, Bangalore, ...

RESEARCH & DEVELOPMENT: ‘Innovation is the key to be competitive’
Chennai, Aug. 12 Unless there is a culture of encouraging failures, innovation will be hampered, says the President of Institute of Directors (IOD) India and World Council for Corporate Governance, Dr Madhav ...

COAL: Govt rules out hike in coal prices this fiscal
New Delhi, Aug. 12 The Government on Tuesday ruled out increase in coal prices during the current financial year, while stating that its emphasis was on supplying affordable coal to everyone who genuinely needed it. ...

HEALTH: ‘Create new ideas in educating public health’
Hyderabad, Aug. 12 Innovation and change is needed in the way public health is delivered, Mr Barry Bloom, Dean, Harvard School of Public Health, said at the inauguration of a seminar here on ...

ECONOMY: Karnataka’s annual Plan fixed at Rs 26,052 cr
New Delhi, Aug. 12 The annual Plan of Karnataka for 2008-09 fiscal has been finalised at Rs 26,052.53 crore. This includes Central assistance of Rs 100 crore for projects of special interest to the State. ...

URBAN DEVELOPMENT: Development projects for Kerala
World Malayalee Council (WMC), a fraternity of Keralites around the globe, has chalked out several developmental plans in IT, biotechnology, nanotechnology and township development through out the State. Mr George Kulangara, Chairman, Kerala ...

AWARDS & HONOURS: Awards for ISRO scientists
Indian Space Research Organisation announced 72 awards for its employees for 2007 on Tuesday, the birth anniversary of the visionary of the Indian space programme, Dr Vikram Sarabhai. The list of seven performance awards of Rs 5 lakh each names ...

ECONOMY: ‘India to emerge economic power’
India and China are emerging as major economic powers in the world, according to Prof M.D. Nalapat, Chairperson of UNESCO Peace Chair, Department of Geopolitics, Manipal University. Speaking on the topic ‘Economic development in China and ...

EDUCATION: Management programme
Aloysius Institute of Business Administration, Mangalore, will organise a management development programme on the theme ‘Enhancing organizational effectiveness’ here on August 28 and 29. A press release by the institute said here on ...