The Hindu Business Line : Monday, March 26, 2007

BUDGET
Budget growth-oriented, says trade
The Tamil Nadu Chamber of Commerce and Industry, welcoming Budget for 2007-08, has said the highly pragmatic and growth-oriented budget would benefit every section of society. In a statement here, the chamber President, Mr S. Rethinavelu, said ... More

CEMENT
AP cement industry urged to hold prices
Lower prices will benefit the Indiramma housing scheme More

CHEMICALS
Chemical industry wants higher import duty
The Indian Chemical Council (ICC) has sought protection from the Government in the form of increased customs duty on most of the chemical products. According to the ICC, most chemicals attracted the peak customs duty of 12.5 per cent till last ... More

ECONOMY
China follows Singapore model
The repercussions of China's putting a part of its reserves into global stock markets can be quite significant. While the move may set off a bullish trend in markets around the world, the shift of large sums from the US bond market will lead to highe r interest rates and a weaker dollar. The net effect of the transactions has thus to be watched before India decides to follow suit, cautions S. VENKITARAMANAN. More

Industrial growth remains tardy
Kerala's growth rate remains below national average More

ENGINEERING
Constro 2007 in Pune
Construction industry equipment manufacturers from Korea, China, Malaysia, Germany, Italy, Canada, Holland, Denmark and Dubai are expected to participate in Constro 2007, an exhibition of construction machinery, materials, methods and projects, ... More

ENVIRONMENT
Tata Green launched in Kerala
Tata AutoComp GY Batteries Pvt Ltd has introduced Tata Green, the new range of environment friendly car batteries, in the Kerala market. The product has several unique features like longer battery life and shelf life as compared ... More

FOREIGN TRADE
INDIA & UAE: SCALING NEW HEIGHTS
A new momentum to growing partnership
A string of wooden boats, or dhows in local parlance can be seen anchored along a section of the creek — a 14-km channel that has been at the heart of Dubai's growth from a small trading post to an international metropolis. For years these ... More

HEALTH
NECC happy with more eggs in noon meal scheme
Higher egg absorption means poultry farmers can see some stability in the farm-gate price for eggs, hovering at Rs 1.80-1.85 per piece for over a month More

INFRASTRUCTURE
Infrastructure funds now diversifying into new areas
Investment in wide range of sectors More

L.N. Mittal favours land acquisition for projects
Favouring land acquisition for large-scale industrial projects in the country, Mr L.N. Mittal, President and CEO, Arcelor Mittal, said that such projects help in large scale manufacturing besides providing employment to people. "The Problem is ... More

PETROLEUM
Mahanagar Gas investing Rs 1,200 cr in expansion
Mahanagar Gas Ltd plans to invest Rs 1,200 crore in the next five years to expand gas distribution infrastructure and its customer base. The expansion will be funded through internal accruals, Mr P.K. Gupta, Managing Director of Mahanagar Gas ... More

POWER
NTPC signs MoU with Power Ministry
NTPC Ltd has singed a memorandum of understanding (MoU) with the Ministry of Power. The MoU was signed in New Delhi by the Secretary of Power, Mr Anil Razdan and NTPC's Chairman and MD, Mr T. Sankaralingam. The MoU includes targets of important ... More

AP urges discoms to supply quality power
`Power cuts necessary to save standing crop' More

SSI
Plea for credit-linked subsidy scheme
The Kerala State Small Industries Association has protested against the Union Government's decision to discontinue with the Credit Linked Capital Subsidy Scheme for technology upgradation from the next financial year. In a ... More

WATER
Preparing for water security
This year's theme of World Water Day - `Coping with Water Scarcity' - draws attention to the need to focus on conservation of water resources for even a water-blessed State such as Kerala. More

Ground reality
WORSENING CRISIS: The Capital is perpetually in the grip of a water crisis, more so during summer. Women in the unauthorised colonies have to depend on MCD water tankers for their drinking water supply. ... More

COAL
Pakistan plans coal port
Coal ports, it appears, are the flavour of the season in the sub-continent. Close on the heels of the report that the Tamil Nadu Government has signed an agreement with an Ireland-based company to set up a 2000-MW power plant and a coal-handing ... More

MANAGEMENT
`Promote inclusive growth'
Management students and researchers should look at ways and means of promoting inclusive growth, according to Mr M. Maheshwara Rao, Deputy Commissioner of Dakshina Kannada district. Inaugurating `Manegma 2007', a workshop on the ... More

PERSONAL PRODUCTS
FMCG stocks trail market benchmarks
Fund managers cite steep valuation as reason More

EDUCATION
Ashok Leyland, PSG tie up for career-oriented courses
Ashok Leyland has signed a memorandum of understanding with the PSG College of Technology to offer career-oriented Post-Graduate Diploma courses for graduates in Physics and Applied Sciences. The AICTE-approved programme is aimed at converting ... More

`Adaptability, flexibility and perseverance keys to success'
"The use of the language should hurt none and one should learn to put oneself on others' shoes to understand a problem or a situation." More

SRM ties up with Harvard, Oxford
SRM University has tied up with Harvard School of Public Health and Oxford University to set up a `School of Public Health'. According to a press release, the school will offer a Masters Programme in Public Health focusing mainly ... More

HANDLOOM
Bengal saree expo in the Capital
For the imminent humid weather in the Capital after the onset of summer, cotton sarees can provide comfort. Women can now look for options to suit their aesthetics at the two-week long Special Handloom Expo of Bengal Sarees, that is showcasing ... More

MINERALS
No drop in iron ore movement
Iron ore shipments via west coast ports have not been badly hit by the recent hike in duty on exports. Take the Mormugao port, the country's largest iron ore exporting facility. In 2005-06, the port handled 24.93 million tonnes. The corresponding ... More

PACKAGING
Global packaging centre in Hyderabad
The Indian Institute of Packaging, an autonomous body under the Ministry of Commerce and Industry, Government of India, has completed one year of its centre in Hyderabad and is now planning to set up an International packaging ... More

RURAL DEVELOPMENT
Credit needs of poor pegged at Rs 3.6 lakh crore
Micro-credit market yet to tap potential More

Ernakulam achieves 100% banking habit status
Becomes the second district in Kerala to attain the distinction More

Micro Insurance Agency entering Indian market
Seeing a good potential in the rural insurance market, Micro Insurance Agency (MIA), the US-based insurance broking company, has decided to enter the Indian market. The company is engaged in talks with some insurance companies and micro finance ... More

HUMAN RESOURCES
`HR must be part of business strategy'
`India is accelerating the need to look at talent management, leadership development, attraction and retention programmes in order to keep up with the pace of business growth' More

ICSI sees huge demand for co secys
To offer refresher courses to help professionals More

EVENTS
Warm welcome
STRENGTHENING TIES: The Vice-President and Prime Minister of UAE and ruler of Dubai, Shaikh Mohammed-bin Rashid Al Maktoum, being welcomed by the Minister of State for External Affairs, Mr E. Ahmed (left), and the Minister for Overseas Indian ... More

`New job market opening up for agri graduates'
With commodities market poised to grow and investment towards agriculture sector bound to expand, agriculture students will have good career prospects. Career opportunity would be plenty but one has to be clear about his/her career goal, ... More

Agenda for the week

EXPORTS & IMPORTS
Centre clears 20-lakh tonne sugar buffer, export sops
Bailout package aims to tide over sugar glut, arrears More

Industry chambers seek sops for exporters
Seek simplification of export, import procedures for SSIs More

TOURISM
`Commonwealth Games will push up share in tourist arrivals'
The Commonwealth Games in 2010 will push up India's share in foreign tourist arrivals to about 1.5 per cent in 2010 from mere 0.52 per cent in 2006 out of 842 million tourist arrivals globally, according to Assocham. The Games will generate ... More

ECONOMIC OFFENCES
I-T sleuths seize Rs 34 lakh from company MD
Officers of the Directorate of Income-Tax (Investigations) apprehended managing director of a Hyderabad-based power and infrastructure company and seized Rs 34 lakh in cash at the Begumpet airport. The Director-General of Income-Tax ... More