Business Daily from THE HINDU group of publications
Wednesday, August 23, 2006
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INDUSTRY & ECONOMY

EMPLOYMENT
Job scheme for retired defence staff
Former defence personnel in the country can now search jobs by skills, location, experience and expected salary with the launch of revamped website of the Directorate General of Resettlement, a Ministry of Defence body. The ... More

NON-CONVENTIONAL ENERGY
Biogas plants for Tuticorin district
Tuticorin district will have 96 biogas plants to augment usage of renewable energy resources, according to the Project Officer, District Rural Development Agency, Mr A. Palanisamy. To be established during the current fiscal, the ... More

ECONOMY
US economy: Market too pessimistic?
If the oil cloud lifts — and there is no reason to think the chances are worse than 50-50 — the entire outlook changes. With stable or falling inflation and better growth prospects, rates can stay and the steep yield curve inversion will correct. More

ENVIRONMENT
New fund-raising route for clean tech projects
TERI pact with CCX to help raise funds More

APP to promote clean tech adoption by members
Task forces to submit reports by month-end More

FOREIGN TRADE
Kamal Nath to attend ASEAN meet
The Commerce and Industry Minister, Mr Kamal Nath, will attend the fifth ASEAN Economic Ministers (AEM)-India consultations to be held in Kuala Lumpur (Malaysia) on Thursday. An official release said that the consultations were part of the ... More

HEALTH
No conclusive evidence of cola pesticides: Govt
Ministry seeks further details from CSE More

TERI, GTZ award for fighting AIDS
The Energy Research Institute (TERI) and German Technical Cooperation organisation, GTZ on Tuesday announced an award for corporates, which will recognise private initiative in fighting HIV/AIDS. This will be to encourage private ... More

Stricken baby
A WOMAN FROM Parlakimidi taking her baby, who is suffering from a heart ailment, from the children's ward in the King George Hospital in Visakhapatnam on Tuesday following the doctors' strike. ... More

INFRASTRUCTURE
Go ahead for 46 new SEZs
The Commerce and Industry Minister, Mr Kamal Nath, has cleared 46 special economic zones (SEZ), based on the recommendations of the Board of Approvals (BoA) at its meeting held on August 8. Of the 46 SEZs, prominent ones include Essar Jamnagar ... More

Bengal Govt keen on auto parts cluster development
Minister seeks study on HR needs in growing business scenario More

PETROLEUM
Crude oil production up 4.1 pc in July
The country's crude oil production rose 4.1 per cent in July to 2.87 million tonne (mt) from 2.75 mt during the corresponding month last year. The country's natural gas output rose 2.4 per cent to 2.76 billion cubic meters (bcm) in the month ... More

PHARMACEUTICALS
Indian pharma companies top DMF filings
Aurobindo Pharma Ltd has topped the list of Indian pharma companies with 21 DMF filings. More

TEXTILES
South Korea textile exhibition
South Korea is wooing Indian textile companies to participate in the synthetic textile exhibition, branded Preview in Daegu (PID) 2007. This exhibition will be held from March 14 to 16 next year, in Daegu, 300 km southeast of Seoul. This year, ... More

SSI
RBI panel for SME debt fund for North-East
The Small Industries and Development Bank of India (SIDBI), in association with major banks, has been asked to set up a dedicated SME debt fund for the northeast region. Under this fund, SIDBI and the banks will jointly co-finance up to 25 per ... More

UTI Bank debit card for SMEs
UTI Bank in association with MasterCard launched an international debit card for small and medium enterprises and self-employed professionals. The card has a five-year validity and a daily Point of Sales usage limit of Rs 2 lakh, ... More

COAL
Singareni Collieries, NTPC to form joint venture
Coal mining, power projects to be taken up on equal equity More

TERRORISM
Ban on entry of visitors to airports lifted
The Government has lifted the ban on visitors entering the airport and will shortly review the ban on carrying liquids on board domestic flights, senior Government officials said here on Tuesday. In the wake of the foiled plot to blow up ... More

RADIO/TV
Mumbaikars turn to FM radio due to `cable' fault
Prime time TV viewership scaled down by 19 per cent More

EDUCATION
IIMC, NIIT to offer executive programmes
High-quality management education thru virtual classrooms More

Dabbawala model — a unique Mumbai phenemenon
Have developed own coding system for error-free delivery More

U21 Global to tie up with IIM-B for online course
U21Global, an online graduate school, would be tying up shortly with the Indian Institute of Management - Bangalore (IIMB) to offer an online certificate management-related course, according to Mr Girish Rangan - Country Manager, India, ... More

MEDICAL INSTITUTIONS & HOSPITALS
MIOT Hospitals chalks out growth strategy
Turnover of the hospital to cross Rs 60 crore this year More

REAL ESTATE & CONSTRUCTION
Tayal group forays into real estate
Reward Real Estate Ltd has begun the construction of Empress City, a Rs 450-crore integrated township project in Nagpur. More

Certification for quality in construction planned
Will assure end-users or financiers about project reliability More

Plum property
A LARGE TRACT of empty land in the sylvan Government Chest Hospital in Hyderabad is to be used for construction of a multi-storeyed complex by the Government soon. ... More

HANDLOOM
`Home textiles, emerging segment of handlooms'
Domestic companies plan to expand their capacities More

BIO-TECH & GENETICS
GVFL plans biotech, SME funds
GVFL Ltd (Gujarat Venture Finance Ltd) is in the process of raising a Rs 50 crore biotech fund and Rs 100 crore SME Fund. It also announced the divestiture of its holdings from Parsec Technologies Ltd. ... More

Independent status sought for drug authority
The biotechnology industry has demanded that the new drug authority, being considered by the Ministry of Health and Family Welfare, be made an independent statutory body. A scientific advisory board should be created for the purpose with ... More

MINING & QUARRYING
Mining in tribal tract draws flak
Tribals, activists held for obstruction More

CPI(M) demands ban on iron ore exports
The CPI(M) on Tuesday demanded ban on iron ore exports and said that value addition for non-renewable mineral products should be done within the country. The CPI(M) Politburo Member and member of Rajya Sabha, Mr Sitaram Yechury, said that the ... More

FOREIGN DIRECT INVESTMENT
India accounts for major portion of FDI in Lanka
India currently invests about $157 m More

Nod for Louis Vuitton retail trading proposal
Eighteen FDI proposals worth Rs 586 cr cleared More

RURAL DEVELOPMENT
Qualcomm programme
Qualcomm will be holding the Wireless Reach programme in alliance with the Nasscom Foundation. The firm expects the Indian developer community to harness its mobile application platform BREW to create applications that will ... More

EVENTS
Workshop on electronic, optical devices
A two-day national workshop on `Electronic and optical materials and devices' will be held at NMAM Institute of Technology at Nitte in Udupi district from August 24. A press release by the institute said here on Tuesday that Prof ... More

ENTREPRENEURSHIP
TiE Bangalore chapter president
The Indus Entrepreneurs (TiE) has appointed Mr Pradeep Kar, founder and CEO of Microland as the President of its Bangalore chapter. In this capacity, Mr Kar will provide strategic direction towards enhancing the entrepreneurial ... More

INCOME TAX
SEBI to resume UIN registration
While Permanent Account Number (PAN) will be mandatory for trading in shares from October 1 investors may also have to get their unique identification number (UIN) to be allotted by SEBI. The capital market regulator has decided resume ... More

EXPORTS & IMPORTS
Centre decides to cap import of Lankan pepper
2,500 tonnes to be allowed apart from advance licence shipments More

NATURAL CALAMITIES
AP releases flood-tolerant rice for trial
The Andhra Pradesh Government has released Swarna sub I, an improved Swarna variety, that can withstand submergence up to two weeks. The Swarna variety itself can withstand submergence up to seven days. Though both the improved ... More

ONGC increases gas production, supplies at Hazira
Oil and Natural Gas Corporation (ONGC) resumed industrial gas production in the second phase at Hazira on Monday with the processing of another six million standard cubic metres per day (mscmd) bringing the total gas production to 12 mscmd, two ... More

`Private wireless networks best in times of disasters'
It is next to impossible to design a public network capable of handling the sudden spurt of traffic at times of major disasters. More

TOURISM
Rajasthan plans to increase length of runways
In an effort to improve connectivity to the State, the Rajasthan Government plans to increase the length of the runway at 13 airports so that airlines would be able to operate larger aircraft, the State Minister for Tourism, Ms Usha Punia, said ... More

Kolkata port invites EoIs from cruise operators
Identifies two circuits for coastal tourism More






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Top Stories
SEBI to resume UIN registration

Software stocks in limelight

Commodity markets look for fresh leads

Crude oil production up 4.1 pc in July

Centre decides to cap import of Lankan pepper

US economy: Market too pessimistic?

Ventures with Mittal on, says ONGC

Consumers to choose `Superbrands'

Looking back
Aug. 13-Aug. 19
`Crude prices to persist at current levels till 2007'

Pesticide Row — This battle finds cola rivals on the same side

Banning colas will send wrong signals: Assocham

Gold to make additional gains in near term

3G entry fee remains contentious issue

Bonds rally; inflation fears weigh on bankers

Govt intensifies steps to make India a diamond hub

Tariff value hiked sharply for palm group of oils

States park Central funds in short-term gilts

`High power costs to impede cement sector growth'

End of a fragile peace in Sri Lanka

Breaking the glass ceiling with aplomb

Newsprint makers plan strategy for difficult times

Broadcast Bill: Govt to address concerns

Import of vegetable oils slows down

Privatisation with market, price protection?

Insurance cos brace up for flood claims in Surat

Madras Cements to double captive power plant capacity

NCAER raises GDP growth forecast to 7.9 pc

`Real estate transparency in India better'

`Steel prices likely to go up in Q4'

Bankable deposit

Reliance Ind still hopeful of Govt compensation

Revenue generation: CAG finds DD, AIR wanting

Move from dual-VAT to national level GST: PwC official

FDI inflows rise 47% to $1.74 b in Q1



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