The Hindu Business Line : Wednesday, November 11, 2009

INDUSTRY & ECONOMY

BREWERIES: States will retain power to tax alcoholic beverages
Tobacco products will attract GST, no decision yet on natural gas. New Delhi, Nov. 10 In what appears to be a victory for States, alcoholic beverages are to be kept out of the purview of the proposed Goods and Services Tax (GST) ...

RADIO/TV: Soon, TV shows will come ‘live’ on your mobile phones
Mundu.TV. Mumbai, Nov. 10 Bored sitting in traffic? Well soon you might be able to stream your favourite Saas-Bahu serial, movie, cricket match or news on your mobile phone ...

COURTS/LEGAL ISSUES: Can’t wait for RNRL plant to come up to sell gas: RIL
New Delhi, Nov. 10 Reliance Industries Ltd (RIL) said it has no legal right to wait for the power plant of Reliance Natural Resources Ltd (RNRL) to come up and then sell gas from the KG Basin D6 block as it was not permissible under ...

INDUSTRY ASSOCIATIONS: Double-digit growth by next year: Nasscom
‘We have to move beyond 6 major cities to grow’. New Delhi, Nov. 10 With a turnaround in global business sentiment, the Indian IT sector is expected to return to double digit growth by the next financial year, according to the ...

EXPORTS & IMPORTS: Karnataka’s garments, jewellery exports up
Engg goods, IT take their toll on State’s overall export earnings. Bangalore, Nov. 10 Iron ore and engineering exports from Karnataka took a hit in 2008-09, while readymade garments and gems and jewellery did well, despite the global ...

ENVIRONMENT: Greening coal-fired power plants
India needs to add power capacity — lots and lots of it. Since the cheapest and most abundant fuel we have is coal, its use for generating electricity is a reality that cannot be wished away, despite environmental concerns. Given this, it ...

POWER: NTPC units shut down on coal shortage
MMTC import tender process delayed. New Delhi, Nov. 10 Operations at two units each of power major NTPC Ltd’s 1,600-MW Farakka and the 2,340-MW Kahalgaon stations have ground to a halt due to an acute coal shortage, hitting the Eastern ...

TEXTILES: Level playing field for textile industry sought
Kochi, Nov. 10 The Southern India Mills’ Association (SIMA) has urged the Union Government to announce proactive cotton policy and create a level playing field to enable the textile industry to have a healthy competition with its ...

PETROLEUM: OMEL defers exploration in Nigeria to December end
New Delhi, Nov. 10 ONGC-Mittal Energy Ltd (OMEL) has pushed back its plans to start the first phase of hydrocarbon exploration in Nigerian block OPL-279 due to technical ...

EVENTS: European textile companies keen on sourcing from India
Chennai, Nov. 10 European textile and textile machinery manufacturing companies are interested in sourcing garments from India, said Mr Dayanidhi Maran, Union Minister for Handloom and ...

NON-CONVENTIONAL ENERGY: Astonfield mulls solar plant in AP
Astonfield Renewable Resources Ltd has expressed its interest to develop a 250 MW solar power generation unit in Andhra Pradesh. Representatives of Astonfield headed by Mr Amit Shah called on the State Chief Minister, Mr K. Rosaiah, and proposed ...

EVENTS: Who is to push reforms?
In his speech at the India Economic Summit of the World Economic Forum, the Prime Minister urged the gathering to discuss how reforms in India could be accelerated. This suggests two things. First, that the Government is open to ideas and, two, ...

ENVIRONMENT: 14 civic bodies take up waste management
Kolkata, Nov. 10 At the first International Conference on Solid Waste Management (IconSWM) held here recently, nearly 14 municipality bodies in the country came forward to undertake solid waste management projects, involving Rs 24 ...

PETROLEUM: Govt stand in gas row is dishonest and collusive: RNRL
RNRL filed an additional affidavit in the Supreme Court on Tuesday alleging that the Government’s stand in the case was “dishonest ...

MINERALS: NMDC, AP body to enter mining pact
Hyderabad, Nov. 10 The Andhra Pradesh Mineral Development Corporation and the National Mineral Development Corporation (NMDC) are all set to enter into an MoU by this month-end for exploration of iron ore in Kadapa, Kurnool, Chittoor ...

PETROLEUM: German marine, offshore equipment suppliers look to forge ties with India
Kolkata, Nov. 10 A 15-member marine and offshore equipment delegation from Germany, comprising representatives of nine firms in the field and officials of German Engineering Federation (VDMA) and Federal Ministry of Economics and ...

ENVIRONMENT: River protection plan
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CARS: Nano beckons UK
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SCIENCE & TECHNOLOGY: XCyton developing DNA macro chips
Hyderabad, Nov. 10 Bangalore-based molecular diagnostic products company XCyton is in the process of developing two DNA macro chips, which can screen many disease agents simultaneously, for respiratory illness in the aged, and a ...

REGULATORY BODIES & RULINGS: FIPB for deferring JM Financial ARC proposal
New Delhi, Nov. 9 The Foreign Investment Promotion Board (FIPB) has recommended that a decision be deferred on a proposal moved by JM Financial Asset Reconstruction Company for roping in Valiant Mauritius Partners FDI Ltd as an ...

TEXTILES: Textile units oppose State’s load shedding plan
The textile industry in Karnataka has condemned the State’s announcement of 12 hours load shedding in rural ...

RESEARCH & DEVELOPMENT: Interdisciplinary research is need of hour in nano technology, says expert
Hyderabad, Nov. 10 Strong interdisciplinary research is the need of the hour for reaping full benefits of nano particles in healthcare applications, according to Prof N.K. Ganguly, Advisor, Translational Health Science and Technology ...

EXCISE AND CUSTOMS: Excise dept’s Madurai unit e-ready
The Madurai Central Excise Commissionerate launched on Tuesday ‘ACES’, an automated software application based on workflow, developed by the Central Board of Excise and Customs, in a function here, aimed at providing an ...

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