The Hindu Business Line : Wednesday, September 12, 2007

URBAN DEVELOPMENT
Bangalore citizens feel accountability ‘inadequate’
Bangalore, Sept. 11 Almost 70 per cent of people from Bangalore feel that systems to ensure accountability were inadequate in the city, and the ones present were not effective enough, says a survey by PricewaterhouseCoopers (PwC) titled More

EMPLOYMENT
‘Hiring to gather pace’
Bangalore, Sept. 11 Hiring trend in the country continues, cheering prospective job seekers as it holds big hope for them to be placed across all industries in the coming quarter too. In a study of 4,922 employers across seven sectors ... More

Ministry of Overseas Indians plans think-tank
New Delhi, Sept. 11 THE Ministry of Overseas Indian Affairs (MOIA) is to set up a Council for Promotion of Overseas Employment that would function as a think tank for conducting international labour market research and devising strategies for ... More

NRIS
OBC raises FCNR rates
Oriental Bank of Commerce (OBC) has revised interest rates on foreign currency non resident (FCNR) deposits on all maturities from one to five years in respect of US dollars, British Pound, Euro, Australian dollar and Canadian dollar denominated ... More

COURTS/LEGAL ISSUES
SC says REL team can bid for Mumbai sea link project
New Delhi, Sept. 11 The Supreme Court on Tuesday allowed the consortium of Reliance Energy Ltd (REL) of Anil Ambani group and Hyundai Engineering Construction Co (HDEC) to submit its bid for the Rs 2,600-crore sea link project between Mumbai ... More

ECONOMY
Strong fundamentals propel real estate sector
Rising interest rate, oversupply only temporary dampeners More

EXCISE AND CUSTOMS
Ministry cracks the whip on pan masala, gutkha units
New Delhi, Sept. 11 Faced with concerns of excise duty evasion, the Finance Ministry has cracked the whip on units manufacturing pan masala, gutkha and chewing tobacco.The Revenue Department has asked all the existing units to submit ... More

FERTILISERS
GoM will discuss issue of bonds to fert sector
Subsidy component moves up to Rs 48,000 cr More

INFRASTRUCTURE
States told to form inter-ministerial body for special economic zones
To implement single window mechanism for grant of approvals to developers More

‘Handling of land acquisition is the litmus test of India’s SEZ policy’
It is left to the SEZ developer and the owner of the land to strike a deal at the market price of the land. The real issue is: Giving a fair deal to the farmers.— MR YOGESH ASHAR AND MR KANU DOSHI, AUTHORS OF ‘TREATISE ON SPECIAL ECONOMIC ZONES’ More

PETROLEUM
Cairn working on expanding Mangala development proposal
Govt clears pipeline plan More

Shell may open CNG, LPG outlets for vehicles in Gujarat
Ahmedabad, Sept. 11 Shell India Marketing Private Ltd (SIMPL), a 100 per cent subsidiary of Shell India Pvt Ltd, is likely to introduce CNG and LPG fuel stations for vehicles in Gujarat, its Managing Director and Retail General Manager, Mr ... More

‘Concession pact for Kochi LNG terminal by month-end’
Petronet LNG waiting for the formal agreement to start work More

POWER
Bid ‘loopholes’ in ultra mega power projects plugged
Centre hopeful of putting projects on fast track More

Petronet may seek board nod for power plant at Dahej
Looking for long-term LNG supplier More

SSI
Co-branded credit card for SMEs
New Delhi, Sept. 11 Citibank and IndianOil on Tuesday marked a decade of successful partnership with the launch of a new co-branded ‘IndianOil CitiBusiness’ credit card, which would be exclusively targeted at the small and medium ... More

TRAVEL & PLACES
More US consulate offices in India
In a bid to improve visa application experience in India, a couple of consulate offices will be set up in Hyderabad and Mumbai, Mr Peter G. Kaestner, Minister Counsellor for Consular Affairs, US Embassy said in a statement here. According to ... More

WATER
Govt cannot continue to subsidise water: Manmohan
New Delhi, Sept. 11 Pointing out that the country cannot continue to subsidise the use of water, the Prime Minister Dr Manmohan Singh today called for greater sense of urgency towards water conservation, groundwater recharge and rainwater ... More

CARS
Renault-Nissan’s R&D centre to work on cars for global markets
Product development, India-specific car on the anvil More

INDUSTRY ASSOCIATIONS
‘Reveal corporate identity of new applicants for cellular licence’
Operators fear circumvention of norms to bypass cross-holding restrictions More

MINERALS
Jindal venture gets Bolivian Parliament nod
New Delhi, Sept. 11 The joint venture agreement signed between the Bolivian Government and Jindal Steel and Power Ltd (JSPL) to develop the El Mutun iron ore mines has cleared the first step with the Bolivian Chamber of Deputies giving its ... More

RURAL DEVELOPMENT
Indian Bank keen on micro-credit
Indian Bank, the third-largest player in terms of financing of self-help groups (SHGs), has proposed to step up efforts to link more groups through micro-credit in the coming days.The bank, which has recorded a cumulative disbursement ... More

EVENTS
Workshops on intellectual property
New Delhi, Sep 11 The Confederation of Indian Industry and Andhra Pradesh Technology Development and Promotion Centre are organising exclusive national programmes on intellectual property (IP) skill enhancement to address the needs of IP ... More

Meet on community development
The eleventh edition of Praxis International Commune on Participatory Development has begun here with a focus on community-led planning, monitoring and evaluation. According to Mr Tom Thomas, Chief Executive Officer of Praxis, the 12-day workshop ... More

EXPORTS & IMPORTS
Q1 seafood exports drop in value, volume
Kochi, Sept. 11 The country’s seafood exports fell by 14 and 16 per cent in value and quantity respectively, to Rs 1,431 crore and 94,059 tonnes, during the first quarter of the current fiscal. This was partly due to the very poor ... More

Arecanut improves on import curbs
Kottayam, Sept. 11 The arecanut situation in Kerala has slightly improved following the reports that the DGFT has allowed the import of all types of arecanut through Mangalore Port only. It is also learnt that Campco is likely to be ... More

TOURISM
Finnish Tourist Board ties up with Raj Travel
More

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