Business Daily from THE HINDU group of publications
Wednesday, December 24, 2008
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

INDUSTRY & ECONOMY

ECONOMY: Mid-year review report forecasts 7-8% growth
Inflation under control, could fall further. New Delhi, Dec. 23 Given the global uncertainties, it would be very difficult at this juncture to gauge the efficacy of the fiscal stimulus package that had been unveiled in the recent weeks, ...

SSI: Credit flow to the MSE sector needs to be scaled up
Macro figures mask micro infirmities. On the face of it, the flow of institutional credit to MSEs (micro and small enterprises) is fine, having grown 32 per cent in 2007-08 to touch Rs 1.48 lakh crore as at March 31, ...

POWER: NTPC chalks out ‘green plans’
650 MW of wind energy and 300 MW of small hydro projects. New Delhi, Dec. 23 NTPC Ltd, the country’s largest power generator, is targeting over 1,000 MW of renewable capacity over the next ten years, including 650 MW of wind energy and 300 ...

KNITWEAR & HOSIERY: Tirupur exporters urge Govt to resolve transporters’ strike
Order cancellation, rate negotiation hitting exporters. Coimbatore, Dec. 23 Tirupur Exporters Association has sought the immediate intervention of the Government to resolve the transporters’ strike and help exporters sustain business in ...

EVENTS: IITF – A gateway to development
The economic slowdown and the recent terror attacks in Mumbai do not seem to have deterred the spirit of Bengal National Chamber of Commerce & Industry (BNCCI) and the West Bengal State Government who expect ...

TEXTILES: Textile Ministry proposes additional booster dose
Export target seen under pressure. New Delhi, Dec. 23 The Textile Ministry has put up a proposal to the Prime Minister, Dr Manmohan Singh, for interest rate subvention to the textile industry and restoration of duty drawback rates for textile ...

EVENTS: 'Growth navigator in uncharted, unfamiliar markets'
Mr Samir Kumar Ghosh, Chairman, 22nd Industrial India Trade Fair Committee, says the Industrial India Fair has over the years grown in strength, size and quality and has assumed an ...

BIO-TECH & GENETICS: Genome Valley Excellence award
Dr Martin Mackay, President of Pfizer Global R & D, US and Emeritus Professor Dr Marc Van Montagu, President of European Federation of Biotechnology (EFB), have been named for the Genome Valley Excellence Award 2009. The award was instituted ...

EVENTS: 'A platform for SMEs to showcase products, services'
Talking about the objective of the fair, Mr Sandip Sen, President, BNCCI, said, “The prime objective of the fair is to provide a unique interactive platform to SMEs from this part of the country to showcase their products and services ...

INDUSTRY ASSOCIATIONS: Plea for release of rupee notes, coins
Sattur Chamber of Commerce and Industries has made an appeal for release of rupee notes and coins for free circulation. In a letter addressed to the Prime Minister, Dr Manmohan Singh, the Chamber Secretary, Mr P.T.K.A. Balasubramanian, said ...

INFRASTRUCTURE: Dishman Pharma lays foundation stone for SEZs
Ahmedabad, Dec. 23 Dishman Pharmaceuticals & Chemicals Ltd will generate direct employment for 25,000 people in pharma and engineering Special Economic Zones coming up in Bavla Taluka, 45 km fromAhmedabad, said Mr Janmejay Vyas, ...

RADIO/TV: NDTV Imagine puts off plan to enter regional space
New Delhi, Dec. 23 Taking the economic environment into account, NDTV Imagine has deferred by at least a year its plans to enter the regional ...

RADIO/TV: Turner plans additional revenues through online space
Mumbai, Dec. 23 Turner International India is looking at the possibility of monetising its online sites and entering the e-commerce ...

SSI: Combating slowdown: SMEs urged to invest in short-term projects
During an economic slowdown, organisations, especially the Small and Medium Enterprises (SMEs), should secure short-term resources, revisit growth plans and focus only on investments in projects that give short-term benefits, according to ...

SSI: 2 lakh small, medium units may turn sick on slowdown
Mumbai, Dec. 23 About two lakh small and medium enterprises across the country are in the danger of becoming sick units in the next fiscal, due to the global economic slowdown, said Mr Chandrakant Salunkhe, President, SME Chamber ...

POWER: Kerala to launch energy conservation drive
KSEB has had to purchase costly power: Minister. Thiruvananthapuram, Dec. 23 The Kerala Government will launch an energy conservation campaign in four or five months to create awareness among the public on the need to avoid a power tariff hike ...

EXPORTS & IMPORTS: 10% additional cover for exporters on the cards
Mumbai, Dec. 23 Exporters and banks financing them can look forward to some succour shortly as the Government is expected to announce an additional 10 per cent insurance cover over and above what is provided by the Export Credit ...

MINERALS: States to continue to have rights over mineral concessions
New Delhi, Dec. 23 It’s not the best of times for big mining companies. While both domestic and global players are waiting for the proposed amendment in the Minerals and Metals (Development & Regulation) Act 1957 to end delays ...

NON-CONVENTIONAL ENERGY: Use more solar energy, tea industry urged
Glendale model to be extended to other factories. Coonoor, Dec. 23 The Commerce Ministry has urged United Planters’ Association of Southern India (UPASI) and Planters Energy Network (PEN) to join hands with Tea Board to bring about a ...

RADIO/TV: Tata Sky to offer regional advertising
New Delhi, Dec. 23 Tata Sky is offering brands an opportunity to do targeted advertising, reaching out to the Direct to Home subscribers in an individual city or even ...

INFRASTRUCTURE: Villagers seek more compensation for land acquired by Kakinada SEZ
Kakinada, Dec 23 Some of the villages in the two mandals of Uppada Kothapalli and Thondangi were in the grip of tension on Tuesday morning and afternoon, as the authorities of the Kakinada Special Economic Zone (KSEZ) sought to take possession ...

PEOPLE: Indira Sivasailam passes away
Chennai, Dec. 23 Mrs Indira Sivasailam, wife of Mr A. Sivasailam, Chairman, Amalgamations Group, died here on Tuesday after a brief illness. She ...

EXPORTS & IMPORTS: ‘Export-linked sectors likely to be hit harder’
Mumbai, Dec. 23 The export-linked sectors in India are likely to be most affected by the greater-than-expected recession in advanced economies, said Prof. Suresh D. Tendulkar, Chairman of the Economic Advisory Council to the ...

INFRASTRUCTURE: ‘Modernisation of 35 non-metro airports by 2009-10’
New Delhi, Dec. 23 The programme for upgradation and modernisation of 35 non-metro airports is under way by Airports Authority of India and is likely to be completed by 2009-2010, the Union Minister for Civil Aviation, Mr Praful Patel, ...

SSI: Union Bank initiative for MSME sector
Chennai, Dec. 23 Union Bank of India has said that 100 specialised business banking branches will focus exclusively on the Micro, Small and Medium Enterprises (MSME) to support their working capital needs as they face a delay in payment ...

STEEL: Visakha steel workers’ union seeks captive iron ore mines
The leaders of Visakha Steel Workers’ Union, the recognised union in the steel plant here, along with some members of Parliament of the Telugu Desam and the CPI (M) party from Andhra Pradesh, met the Prime Minister, Dr Manmohan Singh, ...

REAL ESTATE & CONSTRUCTION: Orange Properties launches 65-acre project near Devanahalli
Bangalore, Dec. 23 Orange Properties announced the launch of a 65-acre township project near Devanahalli, where the company offers villas and apartments at the “cost price”. The four-day offer opens on December ...

NRIS: Non-resident Keralites meet to discuss biz prospects
Kochi, Dec. 23 Over 500 non resident Keralites (NRKs) from across the world have gathered at the inaugural convention of Ente Naadu at the Le Meridian in Kochi on Tuesday to discuss business prospects and ventures at the ...

PETROLEUM: Oil cos put on hold plans to invest in Brazil
New Delhi, Dec. 23 In view of the economic slow down and resource crunch, the public sector oil marketing companies (OMCs) have put on hold their plans to invest in Brazil to set up ...

BREWERIES: TN to prohibit liquor sales
...

CEMENT: Clinker exports hold potential
Exports in segment grew by 31% in April-November. The complete lifting of the ban on cement exports may not bring about a significant addition to the industry’s revenues, as the industry has already been servicing its major export markets. ...

RURAL DEVELOPMENT: Siruthuli helps build check dam
In an example of what a voluntary organisation could achieve when it works with Government agencies, Siruthuli has helped to build a check dam across Nandangarai stream at a total cost of about Rs 1.28 crore. While Siruthuli has provided Rs ...






Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Markets (Dec 23)
Nifty (at close)2968.65(-70.65)
US Dollar (Buy/Sell)48.76/78
Brent crude (a bbl) Rs1,829
Gold (a gram) Rs1,210
Silver (a kg) Rs18,460


Related Topics
Anti-dumping
Automobile Components
Bio-tech & Genetics
Books
Breweries
Budget
Cars
Cement
Climate & Weather
Coal
Consumer Electronics
Courts/Legal Issues
Disinvestment
Economic Offences
Economy
Education
Electrical Goods
Electronics
Employment
Engineering
Entrepreneurship
Environment
Excise and Customs
Exports & Imports
Fertilisers
Foods & Food Processing
Foreign Direct Investment
Foreign Trade
Gems & Jewellery
Gold & Silver
Granite & Marble
Handloom
Health
Hotels
Human Resources
Income Tax
Industrial Policy
Industry Associations
Infrastructure
Knitwear & Hosiery
Labour Reforms
Leather
Medical & Surgical Equipments
Medical Institutions & Hospitals
Minerals
Newspapers & Publishing
Non-conventional Energy
NRIs
Paper, Board & Newsprint
Personal Products
Petroleum
Pharmaceuticals
Power
PSU
Radio/TV
Railway Budget
Readymade Garments
Real Estate & Construction
Rural Development
Science & Technology
Social Security
Social Welfare
SSI
Standards & Benchmarks
Steel
Sugar
Taxation
Textile Machinery
Textiles
Tourism
Trade & Labour Unions
Two/Three Wheelers
Tyres
Urban Development
Venture Capital
Water
WTO


In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
Meltdown may hit export sector this fiscal: ESC

‘Export-linked sectors likely to be hit harder’

2 lakh small, medium units may turn sick on slowdown

3G auction: DoT offers sops to lure foreign firms

Sesame oil prices ruling firm on lower output fears

Oil cos put on hold plans to invest in Brazil

10% additional cover for exporters on the cards

NTPC chalks out ‘green plans’

Looking back
Dec. 14-Dec. 20
Bank interest rates to drop in the next 2-3 weeks: Kamath

Textile output tumbles on sluggish exports

Investors begin increasing investments in gold

Jewellery exports down 34% in November

Jury is still out on extent of slowdown

Vegoil imports rise 30% in Nov on lower global prices

Small and medium units get special package from PSBs

Home loan package: Most realtors disappointed

Paper manufacturers pass on benefit of excise duty cuts

Raw sugar imports: Balancing short, long term interests

Special bonds buoys fertiliser stocks

Russian ban adds to cashew export woes

Repeat of Great Depression unlikely: Arvind Subramanian

All human challenges have become global challenges: PM

UPA allies urge Govt to reduce petrol, diesel prices further



eWorld



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line