The Hindu Business Line : Saturday, July 21, 2007

URBAN DEVELOPMENT
Urban infrastructure: Rs 12,000 cr required via partnerships
As much as Rs 12,000 crore is required to be mobilised through partnerships and assistance from multi-lateral and bilateral agencies to bridge the investment gap for improvement of urban infrastructure during the Eleventh Five Year ... More

NRIS
The real-estate bubble: How soon before it bursts?
Mr Thomas Joseph, a Kochi-based advocate-turned-bookshop-proprietor made Rs 7.5 lakh in three months, by doing virtually nothing. He merely paid a token advance for a 10-cent parcel of land (one-tenth of an acre) at a Kochi suburb at Rs 1.5 lakh ... More

NON-CONVENTIONAL ENERGY
Renewable Energy Ministry plans new incentive schemes
Bangalore, July 20 The Ministry of New and Renewable Energy (MNRE) plans new incentive schemes to attract private investment of at least Rs 60,000 crore, over the next five years, in the renewable energy sector, according to Mr V. Subramanian, ... More

SOCIAL SECURITY
EPFO trustees meeting on Monday
The Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) is scheduled to meet on Monday to decide on the interest rate payable to its subscribers for the last fiscal (2006-07) and the current fiscal ... More

AWARDS & HONOURS
Award for rice research scientist
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ECONOMY
Forex kitty swells $4.12 b, touches $219 b
‘RBI has been buying dollars to maintain the rupee at 40.35 levels’ More

‘We should focus more on poverty alleviation’
New Delhi, July 20 “We should focus more on poverty alleviation than inequality since excessive focus on inequality shifts the centre of attention to the people who create wealth”, said Mr Arvind Panagariya, Professor of Economics, ... More

Mayawati seeks special package
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EXCISE AND CUSTOMS
‘Remove import duty on cotton, cotton waste’
Madurai, July 20 The Madurai Spinners Association has sought removal of import duty on cotton and cotton waste, to prevent mills going into the red. The association, in a statement here, said that with the withdrawal of subsidy in the ... More

Textiles customs classifications
A book on customs classifications on textiles was released by the Minister of State for Textiles, Mr E.V.K.S. Elangovan, here. The book titled Customs Classifications on Textiles and Textile Articles under HSN Explanatory Notes ... More

FOREIGN TRADE
India-Bangladesh joint chamber launch tomorrow
India’s engagement with Bangladesh and using Bangladesh, India, Myanmar, Sri Lanka Thailand Economic Cooperation (BIMSTEC) as the sole bridge for South Asia with South-East Asia would get a further impetus with the launch of the ... More

HEALTH
ICICI Prudential unveils new health insurance plan
Coimbatore, July 20 ICICI Prudential Life Insurance has claimed that it has captured 10 per cent of the total life insurance market in the country.In the first two months of the current fiscal, the company earned new business premium of ... More

Workplaces will soon be smoke-free
New Delhi, July 20 The Government is intensifying its anti-tobacco campaign and has moved to amend existing laws. Dr Anbumani Ramadoss, Union Minister of Health and Family Welfare, who was felicitated by the WHO for his anti-tobacco ... More

INFRASTRUCTURE
Group on SEZs examines land acquisition issue
New Delhi, July 20 The Group of Ministers on SEZs, which met on Thursday, examined a proposal to change the level of Government assistance to private entrepreneurs in the land acquisition process for setting up SEZs and the benchmark ... More

PETROLEUM
Non-licensed furnace oil users face supply ban
State prepones August 4 deadline More

POWER
Teesta group asks Sikkim Govt to fulfil assurances on Dzongu
Hunger strike continues More

SSI
Force10 Networks launches LAN switch
Bangalore, July 20 Force10 Networks, recent entrant into Indian market, has introduced C300 LAN switch for small and medium enterprises. The switch was made entirely at the firm’s Chennai development centre and it marks a ... More

Cisco unveils plan to tap SMBs
New Delhi, July 20 Global networking major Cisco has announced a strategic roadmap to tap the rapidly growing market for IT and networking of Small and Medium Businesses (SMBs) in India. The strategy entails focus on new customised SMB ... More

EDUCATION
Kerala varsity management meet on August 11
The Institute of Management in Kerala, University of Kerala, will organise its annual management meet ‘Mania’ in the city on August 11-12. This year’s event will have a series of lectures on management-related themes ... More

Andhra Bank educational loans
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Nalsar convocation today
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AUTOMOBILE COMPONENTS
Lead-acid battery makers to raise prices by 10%
Chennai, July 20 If you plan to buy a lead acid battery either for your automotive vehicle or for your power inverter or computer’s UPS next week, you may have to shell 10 per cent more. Forced on the backfoot by rising lead prices, ... More

REAL ESTATE & CONSTRUCTION
Skyline to invest Rs 200 cr in Mangalore
Mangalore, July 20 The Bangalore-based Skyline Constructions and Housing Pvt Ltd is planning to invest around Rs 200 crore in Mangalore over the next 18 months. Announcing the launch of its maiden project Skyline Blueberry Hills here ... More

INDUSTRY ASSOCIATIONS
‘Broadband penetration may miss target’
New Delhi, July 20 The gap between target and achievement of broadband penetration in the country will go over 10 million by 2010, unless the cost of personal computers comes down to Rs 10,000 and adequate infrastructure is made ... More

READYMADE GARMENTS
Call to boost garment exports
Though India has great potential for garment exports, it remains largely unutilised and the Indian share in the global market is hardly two per cent against China’s 25 per cent, said Mr M.T. Moon, Managing Director of the South Korea-based ... More

MINING & QUARRYING
AP identifies 12 mining zones around Hyderabad
About 12 exclusive mining zones, spread across 1.41 lakh acres around Hyderabad, have been identified to promote building stone, metal and manufacture of stone sand industry.The Andhra Pradesh Government has already declared an ... More

MINERALS
Drop in rake loading at SAIL mines worries Rlys
Kolkata, July 20 The drop in rake loading of iron ore in the mines of Steel Authority of India Ltd (SAIL) and of imported coking coal at Paradip port, also on SAIL account, has caused concern to the Railways which, it is learnt, has taken up ... More

NEWSPAPERS & PUBLISHING
Chennai hosting IFRA expo
New Delhi, July 20 Germany-headquartered media association IFRA on Thursday said it will organise a three-day conference-cum-exhibition in Chennai to showcase products and services of international standards for newspaper publishing industry. ... More

TRADE & LABOUR UNIONS
BSNL tender runs into trouble again
Indefinite strike back on Union’s agenda; Ericsson may negotiate pricing More

E-COMMERCE & E-BUSINESS
Mothercare plans e-commerce model
Targeting Shoppers’ Stop loyalty card members More

ENTREPRENEURSHIP
Proto.in begins today for technology start-ups
Have an idea but do not know if it can be commericialised? A visit to ‘proto.in’ may help, which begins on Saturday. Proto.in is a two-day event meant to serve as a platform for technology start-ups. Begun last year, it will ... More

Youth training programme
Maditssia Business Information Centre (BIC) is organising an ‘Entrepreneurship Training Programme for Unemployed Youths’ on July 28. The programme will provide information on financing, preparation of projects, details of list of ... More

CII’s special publication
The Confederation of Indian Industry, Tamilnadu State Council, will launch a special publication to showcase 108 successful entrepreneurs in different walks of life in Tamil Nadu, to help inspire budding entrepreneurs and to promote the spirit of ... More

EXPORTS & IMPORTS
Auto parts makers face China threat; price gap at 35%
New Delhi, July 20 The Indian auto components industry may be set to make its mark in the world market, but on home ground, it is facing a threat from neighbouring China. According to the latest figures released by the ... More