Business Daily from THE HINDU group of publications
Thursday, November 23, 2006
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WEB EXTRAS

EMPLOYMENT
Roadshow by UK universities
The number of students from India seeking career-based education offered by the universities in United Kingdom is on the rise and the recently introduced fresh talent initiative (FTI) by the UK for attracting academic excellence has added to the ... More

ANDHRA PRADESH
KG basin: Promising big business for energy players
Cairn Energy to pump in $90 m for exploration More

PRIVATE PLACEMENT
Granules India plans to raise authorised capital
The city-based pharma company Granules India Ltd (GIL) plans to increase its authorised capital from Rs 200 crore to Rs 300 crore with a corresponding increase in equity shares of Rs 10 each from 20 crore to 30 crore. The company, which has ... More

FINANCIAL SERVICES
6 States account for 50 pc of remittances
Six States, Kerala, Punjab, Gujarat, Tamil Nadu, Maharashtra and Andhra Pradesh, would be accounting for 40-50 per cent of the $23-billion annual remittances to India, Mr Anil Kapur, Managing Director of Western Union for South Asia, said. The ... More

TELECOMMUNICATIONS
Airvoice Info to launch mobile ad tool
Airvoice Infocom Erode Private Ltd will launch its recently patented mobile advertising solution in early 2007. The patent has been granted by the Controller of Patents, Government of India. Called `HopAd', the solution will make callers listen ... More

ACCOUNTANCY
Arbitration can be better value for money
Flexibility of procedure, enforceability of awards, privacy and neutrality are some of the reasons why organisations are choosing international arbitration over litigation. More

PETROLEUM
Engineers India appointed HPCL project consultant
For Bhatinda refinery project More

POLICY
51 Rly sites to be handed over for development
With the Railway Land Development Authority (RLDA) notified recently, 51 Railway sites are likely to be handed over for development to the body. Following the handover, it can invite parties to develop the site for the best possible purpose - ... More

Power capacity target for 11th Plan: Centre initiates action to minimise slippages
Addition targets for Eleventh Plan More

STEEL
`Corus shareholders can sit back and wait to see what happens'
Even as moves and countermoves keep CSN (Cia Siderurgica Nacional) and Tata busy, the battle for Corus continues to be the hot issue in the corporate world. For a view from the UK, Business Line contacted Mr Roy Montague-Jones of Richards ... More

TEXTILES
Italian textile machinery cos eyeing India
India's booming textile industry has caught the eye of Italian textile machinery manufacturers who are showing interest in setting up manufacturing units in India. Matec S.p.A is one such company that manufactures machinery to make socks. The ... More

INDUSTRIAL POLICY
Eco clearance for projects to be simplified in Bengal
5-year validity allowed; all stakeholders will be involved More

RESTRUCTURING
ICI India to sell entire stake in Quest
Paints and chemicals firm ICI India Ltd, a subsidiary of UK's ICI Plc, has announced its plans to sell its entire stake in its wholly owned subsidiary Quest International India Ltd (Quest India) for not less than Rs 390 crore to Switzerland's ... More

MARKETING RESEARCH
Sales of organic foods to top $40 b by year-end
Production not keeping pace with growing demand, says study More

OUTLOOK
ONGC combine may bag 12 blocks
The Oil and Natural Gas Corporation consortium seems to be emerging a winner under the sixth round of New Exploration Licensing Policy, closely followed by Reliance Industries Ltd. According to sources, of 52 blocks under NELP-VI, in which 39 ... More

L&T to set up Rs 2,000-cr shipyard
Shortlists AP, TN, Gujarat; location to be finalised by Jan More

Satyam to expand biz intelligence practice
The business intelligence (BI) practice of Satyam Computer Services Ltd would have nearly 10,000 employees by 2010 from 3,400 at present. Around 30 per cent of them are currently working at various onsite projects abroad and the rest in India, ... More

NEW PRODUCTS & SERVICES
Organic cashew launched in local markets
After getting a good response for organic cashew in the overseas market, Achal Industries, a Mangalore-based cashew manufacturer and exporter, has launched organic cashew in the Indian market. Achal Industries, which took up production of ... More






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Top Stories
`Global investors continue to remain bullish on India'


IMF's study on India — Is the `economic renaissance' sustainable?

Gem, jewellery exports down 9.52 pc in Oct

E-payments on the rise

`China's growth story may stay intact'

Dabur to `Dare' all in retail space

`Corus shareholders can sit back and wait to see what happens'

6 States account for 50 pc of remittances

Sales of organic foods to top $40 b by year-end

Looking back
Nov. 12-Nov. 18
`With high tax collections, some concession in rates can be thought of'

Vaghela pegs cotton production at 270 lakh bales

India ranks 24 in world's top shopping streets

`Ore exporters must enter into long-term pacts with China'

Indian pepper cheapest in October

Adobe India chief's kidnapped son rescued



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