The Hindu Business Line : Saturday, April 07, 2007

COURTS/LEGAL ISSUES
ONGC persisting with labour case without legal basis: HC
In a matter pertaining to absorption by ONGC of workmen who were on temporary rolls, the Madras High Court has passed strictures "for agitating the matter for over seven years without any legal basis, and it is totally not expected of an ... More

ECONOMY
Farm issues: Plan panel meet convened on April 18
Focus on enhancing output, productivity through mission mode More

Forex reserves pushing $200-billion mark
$45 billion added to kitty in fiscal 2006-07 More

Highway expansion to drive industry in AP
Infrastructure, coir and mining sectors to gain More

`Supply and demand should decide prices'
Governments should only focus on ensuring competition and preventing monopolies. More

EXCISE AND CUSTOMS
Exporters say no to new valuation rules
The Government's plan to introduce export valuation rules may face rough weather, with the exporting community deciding to oppose the proposal tooth and nail. The Finance Ministry had recently come up with draft export valuation rules to ... More

PETROLEUM
Is there light at the end of the pipeline?
According to some, the pipeline project may turn out to be a pipedream, in view of the US' stand against Iran. More

Petronet's Australian gas pact by December
Environmental snag cited as reason More

POWER
Power shortage: `Go for distribution franchise model'
Dr Pramod Deo, Chairman of Maharashtra State Regulatory Commission, has suggested introduction of the `distribution franchise model' or Pune model in other cities in Maharashtra to overcome the current power shortage. He was speaking to the ... More

Demand for inverters seen rising
As power cuts loom in Mumbai, industry ramps up supply chain More

TAXATION
Budget proposal on pvt aircraft import levy opposed
Finance Ministry under pressure to review move More

TEXTILES
Fresh project loans on hold
The Central Government has decided to keep in abeyance sanctioning of fresh project loans under the technology upgradation fund scheme (TUFS) for the textile industry effective from April 1, 2007. The suspension of the TUFS operation will be in ... More

New tech fund scheme for textiles by May
Textile accounts eagerly looking for the re-start of the technology upgradation fund scheme (TUFS), now under revamp, may see the restructured scheme taking off by end-May. But the revamped fund will not be open-ended as it used to be in the ... More

EDUCATION
Icfai students win global contest
A social entrepreneurial concept presented by the students of Icfai Business School here won the Global Entrepreneurship Competition (GSEC) 2007 organised by University of Washington. The Icfai Hyderabad team, which had Manas ... More

`Growth in IT, ITES sectors driving job market'
The country's current economic growth rate of over 9 per cent and the increasing share of the IT and ITES industries in it hold out the promise of even better growth. According to Mr S. Balaji, Vice-President-HR, PlanetHR.in, the student ... More

`Marketing professionals must have modern outlook'
Changing preferences of consumers due to globalisation More

REAL ESTATE & CONSTRUCTION
IDEB Projects builds land bank
Buys 200 acres in Uttarakhand More

Dubai's DAMAC plans $1-b investment
DAMAC Properties, an arm of Dubai-based DAMAC Holding Co LLC, is planning its foray into India with over a billion dollars of investment, according to Mr Hussain Sajwani, Chairman of DAMAC Holdings. "We have conducted surveys in top Indian ... More

CPI(M) wants ceiling on SEZs to be reviewed
`The SEZ policy announced is totally inadequate' More

INDUSTRY ASSOCIATIONS
P.K. Mohapatra heads CII-SR
Mr Pradipta K. Mohapatra, President and CEO (Technology Business), RPG Enterprises, Chennai, has been elected as the chairman of Confederation of Indian Industry (CII) - Southern Region, for 2007-08. ... More

MINING & QUARRYING
Mining engrs' forum holds golden jubilee
In view of the rapid advances in technology, mining engineers should keep themselves abreast of new developments in the field, according to Mr M. Venkataiah, President, Mining Engineers Association of India (MEAI). Speaking at a function ... More

SOCIAL WELFARE
A home away from home for AIDS victims
Forty-five-year-old Ravi had fractured his right leg in a truck accident. Doctors delayed his treatment and then bandaged his leg and asked him to fend for himself. The reason? He was an AIDS patient with acute condition. Ravi could have easily ... More

India Inc moves on affirmative action
Ombudsmen to look into complaints More

EVENTS
CEOs' forum to discuss Coimbatore biz issues
Coimbatore Development Ventures (CDV), a management consultancy firm formed with a view to specialising in the area of promotion of investment culture in the city, has proposed to hold a chief executive officers' meet, CEOs Forum 2007, here on ... More

ENTREPRENEURSHIP
ISB grad teams hired to float new businesses
NIIT PROJECTS More

EXPORTS & IMPORTS
Maharashtra sugar mills slash export price
Triggered by rising stocks, EC stand on bailout package More

Budget proposal on pvt aircraft import levy opposed
Finance Ministry under pressure to review move More

FIEO holding 5-day trade programme
The Federation of Indian Export Organisations will be organising a five-day intensive training programme on international trade. The programme will be held at the Chinmaya Institute of Management here from April 23. Aimed at new and ... More

Oilmeal exports at new high
17 per cent rise by volume and 21 per cent by value More

TOURISM
Heritage sites: Plea to increase nominations from India
The Union Government has appealed to the UNESCO panel that decides on `world heritage site' status to increase the number of nominations from India. Addressing a press conference here on Friday, Ms Ambika Soni, Union Minister for Tourism and ... More