STATES
TAMIL NADU
TN Electricity Board signs pact for Rs 16,000 cr loan
The Rural Electrification Corporation (REC) will provide Rs 16,000 crore loans to the Tamil Nadu Electricity Board (TNEB) over the next five years to fund its expansion programme. According to an official press release, an agreement that ...
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TNEB earns Rs 273 cr selling surplus power
Barter deal with Haryana for 300 MW
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Appu Hotels plans 10 more units in TN
Appu Hotels Ltd that owns Le Royal Meridien, a five-star deluxe hotel in Chennai, plans 10 hotels across the State in another three to four years. "Of the ten, two or three will be in the five-star category and the rest will be in the ...
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Varsity for need-based syllabi
Anna University, Coimbatore, is organising an interactive session with industrial organisations in Coimbatore as part of its efforts to formulate need-based new courses and syllabi to be offered by the University from the coming ...
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ANDHRA PRADESH
2 years of VAT: Uses, misuses and unfulfilled promises
Two years after the implementation of VAT in Andhra Pradesh, the Government is quite happy with the revenues showing significant growth but traders and experts complain that there is a lot to be done to meet the promises made. The Commercial ...
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AP CM okays Srikakulam jute park proposal
The Chief Minister, Dr Y.S. Rajasekhara Reddy, has responded favourably to the proposal put forward by the Federation of Andhra Pradesh Industries (FAPI) to set up a jute park on 150 acres and has instructed the District Collector of Srikakulam ...
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Maytas consortium to develop Machilipatnam port at new site
A consortium of companies headed by Maytas Infra, has been chosen to develop the Machilipatnam port at Gilakaladinne, as against the earlier location of Gogileru. The consortium that includes — NCC, SREI, SEC — have agreed to the ...
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AP set to emerge as hub of premier tech institutions
`There will be fruitful industry-academia interaction as they will take up innovative projects.'
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Vizag port retains top position in cargo handling
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Seminar on SMEs
The Hyderabad Management Association, in association with Madras Management Association, will organise a daylong seminar on `SMEs - Engines for growth and employment' here on April 3. Mr V.B. Shankar, Former President of ...
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Book on `Wealth Game' released
Noted sports personalities, Mr Pullela Gopichand, Mr V.V.S. Laxman and Ms Mithali Raj have released the book `Winning the Wealth Game' written by Dr Sanjiv Mehta, former CEO of Bombay Stock Exchange's Derivatives Segment. The ...
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Panel to finetune VAT system in AP
In a bid to finetune the two-year-old VAT regime in Andhra Pradesh, the Government has constituted a high-powered committee to review the status and suggest measures to further improve the system. Mr Konathala Ramakrishna, Minister for ...
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KERALA
`Two-pronged growth strategy for Kerala vital'
While there have been changes for the better in Kerala over the past 50 years, this growth is not sustainable either economically or socially, said the State Finance Minister, Dr T.M. Thomas Isaac. The State needs to evolve a strategy of ...
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Coir development dept funds
The Coir Development Department has utilised 92.68 per cent of the Budgetary allocation for 2006-07, according to the Minister for Co-operation and Coir, Mr G. Sudhakaran. The Department was able to spend Rs 46.12 crore of the ...
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Old-world charm
KERALA TOURISM SECTOR is expecting a private investment of around Rs 1,000 crore in the short term and the Government wants to use the investment in areas such as this one in Varappuzha near Kochi so that natural heritage is preserved and the ...
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Pension for Kerala coir workers
The Government has issued orders sanctioning Rs 2.42 crore for distribution of six months' pension to coir workers. The Government has instructed that the pension should be disbursed to all the eligible persons within a fixed ...
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Sabarimala `prasad' by mail
The Department of Posts has entered into a tie-up with the Travancore Devaswom Board (TDB) for sending `prasad' items from Sabarimala temple to devotees during the Vishu season. Devotees desirous of having the `prasad' mailed to ...
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Kerala lorry strike enters 2nd day
The indefinite strike by lorry operators in the State entered the second day on Monday even as the State Government resorted to confiscation of vehicles for being forcibly deployed into service. There was still no panic at the ...
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KARNATAKA
Hassan-Mangalore line inspection
The Commissioner of Railway Safety will inspect Hassan-Mangalore railway line in April, according to Ms Sarala Balagopal, Director and Chief Executive Officer of Hassan-Mangalore Rail Development Company (HMRDC) Ltd. ...
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Bangalore international airport may get ready next year
The Bangalore International Airport is 365 days away from the opening date and is seeing fast-paced construction on the Devanahalli site, the company has said. The Rs 1,930-crore airport is slated to start on April 2, 2008. The consortium of ...
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`Education institutes not opposed to quota'
Implementation of quota system
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Bangalore zone customs mop-up tops Rs 5,000 cr
The Bangalore Customs Zone, covering the Commissionerates of Bangalore, Mangalore and Cochin, has crossed the Rs 5,000-crore mark of revenue collection for the fiscal 2006-07, surpassing the target of Rs 4,540 crore. The zone with Rs 5,004-crore ...
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Shri Kshetra Dharmasthala plans new projects
Education, rural welfare to be focus
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NEW ACCORD
The Karnataka Chief Minister, Mr H.D. Kumaraswamy, exchanging documents with the Minister-President, State of Bavaria (Germany), Mr Edmund Stoiber, after signing a memorandum of understanding for co-operation in various fields, at a function in ...
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OTHER STATES
Orissa keen on investments in `non-metallurgical sectors'
State hopes to facilitate job creation
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Library modernisation plan
The New Delhi-based EMPI Business School, together with leading library educationists, has drawn a roadmap for modernisation of libraries and information centres to meet the requirements of the emerging knowledge society. The ...
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MAHARASHTRA
Currency spot market key to making Mumbai global hub: Panel
For making Mumbai global hub
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6 reasons why Mumbai must be financial hub
The High Powered Expert Committee (HPEC) looking into issues necessary to make Mumbai an international financial centre has identified six advantages that India has in creating such a centre. In the report released on Monday, the committee ...
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Nabard projects Rs 20,972-cr credit flow for Maharashtra
The National Bank for Agricultural and Rural Development (Nabard) has projected a credit flow of Rs 20,972 crore for Maharashtra for the current fiscal. This is against Rs 16,395 crore for the year ended March 2007. This includes the overall ...
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Real estate expo to showcase 2,000 projects
Over 2,000 projects will be showcased at a four-day real estate expo to be organised here by the Maharashtra Chamber of Housing Industry from April 5. Developers from Mumbai, Thane, Pune, Bangalore, Nashik, Kochi, Hyderabad, Chennai, Nagpur, ...
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Mumbai city faces load shedding
Mumbai city is likely to face load shedding of at least one hour in the near future. Currently, the power shortage is 400 mw and it is likely to increase to 550 mw in the coming days, said Mr Prasad Menon, Managing Director of Tata Power Co Ltd. ...
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GUJARAT
IIM-A gets Skoch Challenger Award for academic excellence
These awards are independently instituted by Skoch Consultancy Services
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Gujarat annual Plan pegged at Rs 16,000 cr
`Panel to hold consultation on 11th Plan shortly'
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WEST BENGAL
West Bengal's credit-deposit ratio at 65%
West Bengal's credit-deposit ratio has recorded an increase by 5 percentage points over March 2006 to 65 per cent, a press release issued by United Bank of India has said. A State Level Bankers' Committee Meeting, held on March 31, reviewed ...
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