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Saturday, July 04, 2009
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INDUSTRY & ECONOMY

COURTS/LEGAL ISSUES: RNRL moves apex court to make Reliance execute order
Mumbai, July 3 Reliance Natural Resources Ltd (RNRL) of the Anil Ambani group has filed a Special Leave Petition in the Supreme Court on ...

TOURISM: States, operators unveil new packages at 3-day tourism fair
Slowdown has made travel more favourable, says TTF organiser. Hyderabad, July 3 The economic slowdown has not impacted domestic tourism, and market conditions are now more favourable for travel with prices at affordable levels, according to ...

REAL ESTATE & CONSTRUCTION: Opportunities for realtors in land bank use
New Delhi, July 3 Real estate developers see a strong business opportunity emerging from Railways’ plans to develop 50 world class stations, 375 ‘Adarsh stations’ as well as its intention of putting land banks to commercial ...

EVENTS: PaperTech-2009 in Hyderabad
India can become a world leader in paper sector, the pulp and paper industry in the country holds huge potential given the lower consumption and production costs,” Mr Busi Sam Bob, Principal Secretary, Industries & Commerce ...

INFRASTRUCTURE: Infrastructure needs vibrant bond market
Over the past few years, through a number of projects involving the private sector and the subsequent framing of best practices and model frameworks, the PPP (public-private partnership) scene in Indian infrastructure has crossed its ...

GLASS: ‘Recycle glass, don’t just reuse it’
Date of manufacture to be marked on containers to prevent misuse. Chennai, July 3 When was the last time you went to a provision store to pick up that anonymous bottle of pickle or other unbranded food ...

BUDGET: Facilitate public-private tie-ups for infrastructure development
Post offices must be encouraged to open demat accounts for small savers and senior citizens, with the same KYC norms as for PO savings accounts (the access that post offices provide to millions of small savers can thus be expanded to cover ...

STEEL: Steel industry not impressed
New Delhi, July 3 The steel industry seems unmoved by the Rail budget. While welcoming “a people friendly” budget which announced no increase in passenger fares or freights, Mr Sajjan Jindal, Vice-Chairman and ...

EVENTS: RBI keen on financial literacy
Lessons learnt from every financial crisis: Usha Thorat. Chennai, July 3 The Reserve Bank of India has taken up promoting financial literacy with a missionary ...

PETROLEUM: HPCL Visakha refinery set to produce Euro-compliant products
Co spends Rs 2,500 cr on clean fuel projects. Visakhapatnam, July 3 The Visakha refinery of Hindustan Petroleum Corporation Ltd (HPCL) is gearing up to offer Euro-III and Euro-IV compliant products by April 2010, according to Mr P.A.B. Raju, ...

POWER: NHPC’s Teesta power station to be dedicated today
Gangtok, July 3 The Union Minister for Power, Mr Sushil Kumar Shinde, will be dedicating to the nation the NHPC’s 510 MW Teesta Stage V hydroelectric power station at Balutar, East Sikkim ...

POWER: Rlys to identify partner for Bengal thermal power station
Kolkata/New Delhi, July 3 Indian Railways will shortly identify the joint venture partner for its proposed 1,000 MW thermal power station at Adra in the tribal-dominated Purulia district of West Bengal bordering ...

ECONOMY: Kerala among high-ranked States in economic freedom: Study
Bangalore July 3 Tamil Nadu offers more “economic freedom” than any other State, ranking first among 20 States in 2005, 2006 and 2007. These are the findings of a study by the Rajiv Gandhi Foundation (RGF), which constructs ...

INDUSTRY ASSOCIATIONS: India Inc has little to complain
Mumbai, July 3 The Railway Budget has gone down well with India Inc though there are not too many goodies ...

BUDGET: Cut interest rates to make common man spend
Recovery from recession is sure to happen with more pump priming. Accelerator effect would create ripples in the economic activities and give a push to the economy to move out of the recessionary tendencies.When economy is facing ...

EDUCATION: SSN Institutions awaits nod for varsity in Noida
Chennai, July 3 The city based SSN (Sri Sivasubramaniya Nadar) Institutions is waiting for the Government approval to commence its university ...

BUDGET: Consider infrastructure status for power sector
The Ministry of Finance should work in closer co-ordination with the Ministry of Power to set an achievable and realistic target of capacity addition which should be backed up with adequate allocation of funds. It is, therefore, important that ...

CEMENT: Marginal rise in ACC sales in June
Mumbai, July 3 ACC, one of the country’s largest cement producers, has reported a marginal rise of one per cent in despatches at 1.81 million tonnes (mt) in June, against 1.79 mt recorded in the corresponding period last ...

EMPLOYMENT: ‘Placements tough for new graduates’
Chennai, July 3 Engineering graduates coming out of colleges in calendar 2010 will face heavy competition in entering the IT software services industry, even assuming that global economic recovery is seen by the end of the current fiscal ...

SSI: Small, medium units in AP reel under power crisis
Visakhapatnam, July 3 The micro, small and medium enterprises (MSMEs) in Andhra Pradesh are facing severe power and labour problems in recent months and many of them are on the verge of closure, according to Mr B.V. Rama Rao, President of ...

WATER: Underwriters Labs starts certification programme for packaged water
Bangalore, July 3 Underwriters Laboratories has launched a certification programme for bottled water in India, a year after it introduced the service in ...

EDUCATION: Australia move to ensure student safety
New Delhi, July 3 The Australian Prime Minister, Mr Kevin Rudd, has announced that the Council of Australian Governments (COAG) had agreed to adopt a number of measures to enhance the well-being and safety of international ...

EDUCATION: Give thrust to vocational education
Focus on education and educational reforms are key priorities for the Government. Employable skill is one key area that needs big focus, in order to reduce the gap between market needs and the availability. Bringing about changes in ...

BUDGET: I-T relief of up to Rs 3 lakh on home loan interest sought
Mumbai, July 3 The housing finance industry is seeking a higher tax exemption limit for interest paid on ...

EDUCATION: Cabinet nod for S. Asian University
...

EVENTS: IndianOil celebrates Golden Jubilee
...

FOREIGN TRADE: Investment pact with Colombia
...


Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




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Markets (July 03)
Nifty (at close)4,424.25(+75.40)
US Dollar (Buy/Sell)47.89/90
Brent crude (a bbl) Rs3,132
Gold (a gram) Rs1,350
Silver (a kg) Rs22,390


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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Avery exit price set at Rs 135/share

Wagon producers hope target procurement is met this year

‘Placements tough for new graduates’

Labour strife may force Pricol to shift plants out of Coimbatore

Opportunities for realtors in land bank use

HUL to rationalise costs, prices

Looking back
Jun. 21-Jun. 27
Fund managers set store by Chinese growth

NPCIL embarks on marketing drive for reactors

‘Fertiliser subsidy is a misnomer’

Govt under pressure to hike petrol, diesel prices

Oil refiners wary of Q2

DoT slaps fine on mobile operators

Safeguard duty on aluminium product imports

Crisil sees house market recovery in 2010

Recovery signs in 2nd half this year: Rangarajan

AI offers leave without pay to cut wage bill

DoT may peg entry fee for telecom licence at Rs 45 cr



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