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Sunday, August 31, 2008
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INDUSTRY & ECONOMY

SCIENCE & TECHNOLOGY: ISRO arm’s revenue up at Rs 940-cr on satellite launches
Antrix bags 2 more deals; gets mini-ratna tag. Bangalore, Aug. 30 Two commercial satellite launches made from Sriharikota during 2007-08 have driven up the revenue of ISRO’s commercial arm Antrix Corporation to Rs 940 crore for that ...

COAL: Fall in coal prices may ease cement cos’ burden
But not enough to protect depleting profit margins. Mumbai, Aug. 30 The recent fall in coal prices seems to have provided a much-needed breather to cement companies, but it apparently is not enough to protect the depleting profit margins. ...

URBAN DEVELOPMENT: Changing Mangalore landscape
Construction is being fuelled by new investments. As you drive along the national highways leading to Mangalore city, you see a lot of construction activity. At some places you witness work on flyovers and highway widening, elsewhere you ...

EVENTS: Weekly news round up
The country's gross domestic product growth decelerated to 7.9 per cent during April-June 2008 mainly due to near halving of manufacturing sector growth in the first quarter of this fiscal. ...

EXPORTS & IMPORTS: Exporters disappointed over duty drawback reduction
New Delhi, Aug. 30 Exporters by and large have voiced concerns over the revised all-industry drawback rates for 2008-09 announced by the Finance Ministry on Friday, stating that the general reduction in duty rates was a disappointment as it ...

ELECTRICAL GOODS: ‘Energy rating to be made mandatory for appliances from Jan’
Mumbai, Aug. 30 The Government is planning to make energy efficiency certification from the Bureau of Energy Efficiency (BEE) mandatory from January 2009 for all electrical ...

PAPER, BOARD & NEWSPRINT: Time paper industry went global
India has the potential to emerge as a manufacturing hub for paper much as it is one for automobiles, auto-parts, and pharmaceuticals. Yet global MNCs and investors have overlooked Indian paper sector for long and have preferred other BRIC ...

HOTELS: Room for hospitality growth in Pune
The real-estate market may be witnessing a lull and property developers slow to launch projects, but the hospitality segment seems to be ...

EXPORTS & IMPORTS: Spices exports gain in value, volume
Kochi, Aug 30 During April-July 2008, export of all major spices from the country have shown a steady growth both in terms of quantity and value as compared to the corresponding period of last year. ...

REAL ESTATE & CONSTRUCTION: Spotlight on commerce
Investing in malls is no longer as lucrative as it was some time ago, say developers who are looking for alternative options. In tier II cities such as Ahmedabad, property developers are betting on corporate houses foraying into Gujarat to ...

REAL ESTATE & CONSTRUCTION: ‘The fittest will survive’

Going into the making of a home are the land price, construction cost, developer’s margin and the size. As prices go up, sizes come down. And in the current slow market , with supply increasing, business has become ...

SSI: Fireworks to cost 20-25% more this Diwali
Hyderabad, Aug. 30 Diwali might still be two months away, but expect shopping for this year’s festival of lights to burn a bigger hole in your pocket. Not just clothes and sweets, but this year fireworks prices could increase by 20 to 25 ...

INFRASTRUCTURE: Dishman Pharma to invest Rs 500 cr in SEZs
Ahmedabad, Aug. 30 Bulk drugs and contract manufacturing major Dishman Pharmaceuticals and Chemicals Ltd (DPCL) will invest Rs 500 crore in the next two years on developing two Special Economic Zones (SEZs) near here for pharmaceutical and ...

INVESTMENTS: TN clears Rs 9,000-cr investment proposals
Chennai, Aug. 30 The Tamil Nadu Cabinet approved over Rs 9,000 crore worth of investment proposals in automobile and engineering ...

EDUCATION: NZ sees rise in number of Indian students
Hyderabad, Aug. 30 The number of Indian students in New Zealand is on steady rise, according to Mr Paul Vaughan, its trade commissioner. ...

INFRASTRUCTURE: Infrastructure in focus
The investment cycle may now be teetering on the brink of a slowdown, but a recent RBI study of projects (in the private sector) assisted by banks and financial institutions over a five-year period reveals the extent to which investments in ...






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Markets (Aug 30)
Nifty (at close)4360.00(+146.00)
US Dollar (Buy/Sell)43.75/76
Brent crude (a bbl) Rs4,904
Gold (a gram) Rs1,110
Silver (a kg) Rs20,715


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In Focus
Remembering Ramachander

More

Other Top Stories
Exporters disappointed over duty drawback reduction

Audi weighing options for luxury small car launch in India

‘Energy rating to be made mandatory for appliances from Jan’

Dishman Pharma to invest Rs 500 cr in SEZs

Spices exports gain in value, volume

Looking back
Aug. 24-Aug. 30
Iron ore miners mull long-term contracts

Textile sector opposes cotton support price hike

‘First significant time-wise, price-wise market correction’

‘Budget deficit starving pvt sector of resources’

NRIs upbeat on investing in real estate

ONGC notifies 4 new discoveries; Rs 450-cr investment okayed

FDI set to touch $40 billion this year

TCIL stake sale in Hexacom gets DoT nod; Bharti may pick up 30% stake

US economy: Between zero growth and recession?

Soaring global prices may hit auto LPG retailers’ margins

Crude output dips 3% in July

Economist Group arm lowers GDP growth estimate to 7.5% in 2008-09

Oil product sales in July increase 7.8%

Boom attracts wine importers, Govt policies drive them away

India-Asean pact’s negative list covers mostly farm goods

Sugar exporters against move to remove sops



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