The Hindu Business Line : Wednesday, September 03, 2008

INDUSTRY & ECONOMY

ELECTRICAL GOODS: General Electric concerned over time constraints for nuke deal
Clock ticking for US companies as Congressional window closes. New Delhi, Sept. 2 A delayed Nuclear Suppliers Group (NSG) approval for the Indo-US nuke deal could be bad news for US reactor manufacturers eyeing the Indian atomic power space. ...

PETROLEUM: Drop in crude price lifts Sensex 550 points
FII buying mainly in large cap stocks. Mumbai, Sept. 2 Equity investors cheered by the drop in crude prices bought shares in the rate sensitive sectors on Tuesday, pushing the Sensex beyond the 15,000-mark and the Nifty above the 4500-mark. ...

HUMAN RESOURCES: Wipro sets up centre for Harman
To develop product, technologies. Bangalore, Sept. 2 Wipro Ltd has set up an embedded engineering centre for US-based Harman International Industries Inc, to jointly develop products and technologies for the maker of audio and infotainment ...

TOURISM: Finetuning of Golden Chariot operations under way
Luxury train expected to break even by 2009-end. The Golden Chariot, the luxury heritage train operated by the Karnataka State Tourism Development Corporation (KSTDC), will break even by 2009-end, said Mr Anand Menon, Project Director of The ...

SSI: Small units may have it easy with new cos Act
Chennai, Sept. 2 The Companies Bill 2008, which was cleared by the Cabinet last week, is expected to come into effect latest by the end of 2009. ...

EDUCATION: Education fair on Australian varsities
IDP Education India Pvt Ltd on Tuesday organised an education fair for students from the city who intend to study in Australian institutes. It provided an opportunity for students who intend to join courses starting in February 2009. ...

REAL ESTATE & CONSTRUCTION: FIIs reduce holding in Unitech, Parsvnath Developers
Overseas investors hike stake in DLF. New Delhi, Sept. 2 Foreign institutional investors (FIIs) have reduced their holding in real estate companies Unitech and Parsvnath Developers by over two percentage points and by 0.8 percentage point ...

CEMENT: Linkage to cement companies down 22%
Mumbai, Sept. 2 The fixed price coal linkage for cement companies has been declining constantly and has dipped 22 per cent to 0.97 million tonnes in July against 1.27 million tonnes in the same period last ...

URBAN DEVELOPMENT: 2nd Chennai master plan released
Chennai, Sept. 2 The second master plan for Chennai outlining the long-term measures for the planned development of the city was formally released ...

EVENTS: Global meet in Leh on food & health security
New Delhi, Sept. 2 The Defence Institute of High Altitude Research (DIHAR) is hosting a five-day international conference on novel approaches for food and health security in high altitudes from September 6 to 10 in Leh to mark the golden ...

EXCISE AND CUSTOMS: Excise rebate allowed for pan masala, gutkha exports
New Delhi, Sept. 2 Following the mandatory ‘production capacity’ based excise levy on pan masala and gutkha from July 1, the Finance Ministry has now put in place a mechanism, for the first time, to provide excise duty relief on ...

ENVIRONMENT: Project aims at sustainable water, sanitation systems
Hyderabad, Sept. 2 The Netherlands-based International Water and Sanitation Centre (IRC) has joined hands with Centre for Economic and Social Studies (CESS) of Hyderabad as part of four-country ...

INFRASTRUCTURE: Lack of Central funds hits Bengal’s connectivity projects
Kolkata, Sept. 2 Several connectivity projects in the State are stuck due to uncertainty over the availability of Central funds, according to Mr Subhas Chakraborty, West Bengal Minster for Transport, Youth Services and Sports. ...

EDUCATION: TocH MBA course launch
Dr Krishnakumar, Director, IIM-Kozhikode, will formally inaugurate the MBA programme at TocH Institute of Science and Technology, Arakkunnam, near here on Wednesday. Prof P.J. Joseph, President, TocH Group of Educational Institutions, will ...