The Hindu Business Line : Friday, May 11, 2007

URBAN DEVELOPMENT
Sahara Infrastructure plans 217 townships
In the first phase, the company plans to develop 102 townships and the remaining 115 in the second phase. More

NON-CONVENTIONAL ENERGY
Expert group meeting on biofuel issues
Biofuels can be a good source for decentralised energy, for example in water pumping, running tractors etc., said Mr T.L. Shankar, an energy expert and visiting faculty at the Administrative Staff College of India (ASCI), here. While the ... More

COURTS/LEGAL ISSUES
HC restrains GIC nominee from trading ESOPs of L&T
General Insurance Corporation of India (GIC) has secured an injunction from the Bombay High Court on Thursday restraining Mr B.P. Deshmukh, its nominee-director on the Larsen & Toubro board, from dealing in the employee stock options of ... More

ECONOMY
The dollar bubble of USA.com
There are striking similarities between the dotcom bubble and what is fuelling the US economy today — the purchase of US dollars by central banks, especially those of China and Japan. What is still holding up the dollar is the yuan peg and, onc e it is dismantled, there may be a precipitous drop. More

HEALTH
Caring message
HIV-prevention programmes must also promote the safety and well-being of sex workers. More

Stanford University, EMRI, AP sign pact
Schwarzenegger to visit State in November More

PSU
`New financing tools will help public enterprises'
Public enterprises in the country lack sensitisation on new financing instruments, according to a study conducted by Hyderabad-based Institute of Public Enterprises (IPE). According to a press release, the study titled `New Financing ... More

PETROLEUM
Cairn India announces 2 new finds in Rajasthan
Gets six months extension for further exploration More

India may pick up 1% stake in Rosneft
Mr Murli Deora has indicated the possibility of a consortium approach by State-owned oil companies for acquiring the stake. More

PHARMACEUTICALS
Pharma swallows the bitter bill
With the IT industry attracting young talent with the lure of big money and a global lifestyle, manpower shortage is a major concern for the pharma industry. More

POWER
Regulator fixes tariff subsidy to TNEB at Rs 1,412.58 cr
Free power or at reduced rates to some sections of consumers More

STEEL
`Steel prices may soften on excess Chinese output'
Essar Group official sees a slight rise in rates this year More

Be more energy efficient, Govt tells sponge iron makers
The Government on Thursday urged the sponge iron industry to become more energy efficient in order to provide raw material to the secondary steel sector at competitive rates by improving their production quality. Majority of the long steel ... More

SSI
`Retrieval of investment vital in closure of sick SMEs'
Retrieval of investment should be given importance in the closure of business by sick micro, small and medium enterprises, Mr M. Gopala Krishna, former Chairman of Andhra Pradesh State Financial Corporation, has said. Speaking at a meet on the ... More

EDUCATION
Wigan offers new programmes
Wigan & Leigh College India today announced plans to offer full time and part time programmes in retail, banking, hospital administration, information technology and hospitality at its campus in Kolkata. The company has tied up . More

NEWSPAPERS & PUBLISHING
Make peace the story
He is a journalist who commands trust among many on both sides of the Israel-Palestine divide. More

DISINVESTMENT
LIC gets lion's share in Maruti stake sale
Life Insurance Corporation, State Bank of India, Reliance Mutual Fund, Punjab National Bank, HDFC Mutual Fund and Corporation Bank have together bagged over three-fourths of the 2.97 crore shares of Maruti Udyog Ltd (MUL) that was put on the ... More

RURAL DEVELOPMENT
SEZ units may have to allot shares for land
Rehab policy to cover cases of involuntary displacement More

INTERVIEW
Lest `power' potholes trip a sizzling economy
There is no dearth of news stories that speak about power shortages. "Peak load shortages at a national level are close to 15 per cent, and are inching upwards. Key States such as Maharashtra are suffering shortages in excess of 25 to 30 per ... More

EXPORTS & IMPORTS
`Rising rupee, spurt in interest rates hampering exports'
Dun & Bradstreet advocates hedging currency risk More

PIRACY
Counterfeiting costing industry dear: Assocham
Fabrics manufacturers especially in suiting and shirting range are losing over Rs 1,000 crore annually on account of counterfeit fabrics that are being sold under the popular brand names, according to industry chamber Assocham. Smuggled ... More

PEOPLE
Media-evasion games
Top honchos of multinational companies have to learn the James Bond act before they step into India these days. It had happened when Arun Sarin of Vodafone came calling and then it was the turn of IBM chief Sam Palmisano. Their mission — ... More