The Hindu Business Line : Monday, December 29, 2008

INDUSTRY & ECONOMY

ECONOMY: Staff wages, directors’ pay move in sync with co profits
Sample study of 350 NSE listed cos for 2002-03 to 2007-08 period. Chennai, Dec. 28 Mercator Lines, a shipping company, has seen its profits grow from a modest figure of around Rs 5.5 crore in 2002-03 to a sum in excess of Rs 165 crore in ...

ECONOMY: Will $ be revalued?
The cut in the interest rates by the US Fed have been so sharp in the last few months that there can be no further cut. Despite the measures to prop up the US economy, signals are not ...

REGULATORY BODIES & RULINGS: New law for supervision of holding companies proposed
RBI should be given regulatory powers: Panel. New Delhi, Dec. 28 The supervision of financial conglomerates and holding companies may get a much needed boost if the recommendations of the Government-Reserve Bank of India appointed advisory ...

REAL ESTATE & CONSTRUCTION: ‘Speed up construction of houses under Govt schemes’
Hyderabad, Dec. 28 The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, asked the officials to expedite construction work of houses being built under the Indiramma and Sampoorthi schemes of the ...

CHEMICALS: Meet on chemical research
The three-day International Conference on Frontiers in Chemical Research (ICFCR) will begin in Mangalore on December 29. A press release by the Department of Chemistry, Mangalore University, said here on Saturday that various aspects of ...

ECONOMY: Economy will bounce back faster, says Jhunjhunwala
Hyderabad, Dec. 28 The Indian economy will bounce back much faster and more vigorously than most people anticipate. This will be driven by swift upswing in domestic demand, according to Mr Rakesh Jhunjhunwala, equity and ...

EDUCATION: Sinhal Classes in talks for VC funding
Mumbai, Dec. 28 Sinhal Classes, the city-based chain of coaching centres, is scouting for venture capital investments into its newly formed subsidiary company that will spearhead the business of setting up educational Web ...

ECONOMY: Key to revival
An air of unreality pervades the government’s attempts to grapple with the economy’s inexorable slide. The Finance Ministry urges, in its mid-year review, patience while the slew of fiscal and monetary measures take effect. But do not ...

SOCIAL SECURITY: AP plans pension scheme for SHG members
The Andhra Pradesh Government is planning to launch a contributory pension scheme for all women of the self-help groups in the ...

REAL ESTATE & CONSTRUCTION: Real Estate Bank launches magazine
Kochi, Dec. 28 Real Estate Bank India (REBI), India’s largest network of property outlets with a global as well as a pan India presence, has launched a magazine – Property ...

ECONOMY: Kerala and the global financial crisis
As a State that has long nourished trade and cultural links with the rest of the world, Kerala has already begun to feel the pinch of the current persistent global financial and economic crisis. As world commodity prices continue their ...

ECONOMIC OFFENCES: Rise up and come together
In Srimad Bhagavatam, the greatest of all Puranas which is in relation to the Supreme Truth, learned Vyasadeva begins and ends this vedic literature with the verse: “Satyam Param ...