The Hindu Business Line : Tuesday, September 18, 2007

EMPLOYMENT
1.5-cr skilled workers shortage seen by 2015
Tamil Nadu is likely to face a shortage of 1.5 crore skilled workers by 2015, according to a study by ICRA Management Consulting Services on ‘Gap analysis of skill sets in Tamil Nadu’. About two-thirds of this shortage would ... More

CLIMATE & WEATHER
Krishna in spate
More

NRIS
Karnataka Bank opens NRI cell
Karnataka Bank Ltd has opened an NRI cell in Mumbai. A bank release said here the cell is intended for better service to NRI customers. Inaugurating the cell, the Chairman and Chief Executive Officer, Mr Ananthakrishna, highlighted how the cell ... More

AP steps up efforts to help Gulf returnees
One-year moratorium on loans from moneylenders More

OVERSEAS BORROWINGS
External debt up 22.6% in fiscal 06-07
New Delhi, Sept. 18 India’s external debt stock went up by $28.5 billion during 2006-07 to touch $155 billion as on March 31, 2007, representing a 22.6 per cent increase over the year ago period and accounting for 16.4 per cent of the ... More

COURTS/LEGAL ISSUES
HC to hear BCCI appeal on Sept 24
A Division Bench of the Calcutta High Court comprising Mr S.S. Nijjar, Chief Justice, and Mr Justice P.C. Ghose, will hear the application for stay filed by the Board for Control of Cricket in India (BCCI) in the matter pertaining to Mr Jagmohan ... More

ENGINEERING
‘Time to review machinery used in tea processing’
Coonoor, Sept. 17 The Tea Board has called for a re-look at the existing re-engineering processes in the industry.“We need to refurbish our focus from improving production to technological advancement, particularly on tea ... More

HEALTH
Chikungunya takes its toll on coir yarn supplies
THIN ATTENDANCE More

Cos must adopt self-regulation on staff health policies: CII
Companies must take a self-regulatory role in enforcing health related policies for employees and not wait for the Government to bring out a policy. Mentioning Union Health Minister Dr Anbumani Ramadoss’ plans to bring out a ... More

INFRASTRUCTURE
Reliance plans logistics parks in all its SEZs
Mumbai, Sept. 17 Reliance Logistics Ltd (RLL) plans to set up logistics parks within all the upcoming special economic zones (SEZs) being established by the Reliance Industries group. The SEZs include the ones coming up in Navi Mumbai, ... More

Hind Motor’s Uttarpara factory workers likely to protest
IT township and auto park project More

Infrastructure facilities: Spices Board plans 6 parks
Coonoor, Sept. 17 The Spices Board is contemplating to set up at least six ‘spices parks’ and regional quality testing and control laboratories across various locations. Disclosing the board’s proposed initiatives, its ... More

Nagarjuna Constn bags orders
Nagarjuna Construction Company has bagged two orders totalling to Rs 150 crore from two Government agencies in Karnataka and Gujarat. The Karnataka Road Development Corporation has awarded the company the construction of IV Phase Bridges in ... More

POWER
MIDC foraying into power trading
Seeks licence from Central regulatory commission More

TAXATION
Tax refund for exporters on 4 services
New Delhi, Sept. 17 The Finance Ministry on Monday made the first ever move to refund service tax paid by exporters on non-input services. The refund will now be available on four identified transport and port services that could be linked to ... More

SSI
MSME export at $50 b in FY07
Indian micro, small and medium enterprises (MSME) are estimated to have exported $50 billion in the year 2006-07, contributing to about 40 per cent of the country’s overall exports. According to a presentation made by Mr Jawahar Sircar, ... More

EDUCATION
More Indians enrolling with Australia universities
Bangalore, Sept. 17 Australia has witnessed a strong growth in the number of Indian student enrolments at its universities in 2006 and the first half of 2007.Second only to China, India contributed 42,798 full-fee enrolments in ... More

MEDICAL INSTITUTIONS & HOSPITALS
Nitte renews pact with Zurich body
The Nitte Meenakshi Institute for Craniofacial Surgery (NMICS), a unit of Nitte Education Trust, has announced the renewal of its ‘Cleft and Craniofacial programme’ with Cleft Children International (CCI) – a Zurich-based ... More

INDUSTRY ASSOCIATIONS
CII draws up ‘Vision Q1’ for industrial growth in AP
More

Biz meeting
More

BIO-TECH & GENETICS
PerkinElmer, ICMR join hands to check genetic disorders
5 centres in the country for screening newborns More

RURAL DEVELOPMENT
FINO tech offers biometric cards in unbanked areas
Coimbatore, Sept. 17 The Mumbai-based Financial Information Network and Operations Ltd (FINO), a multi-bank promoted company, providing smart-card based multi-application solutions to the ‘unbanked’, is in the process of scaling up ... More

EVENTS
Component suppliers must get ‘technically industrialised’
More

Proud participation
More

EXPORTS & IMPORTS
Panel moots Rs 1,000/quintal wheat support price
This represents Rs 150 jump over the procurement price of Rs 850 for 2006-07 More

India’s move to import apparel articles from Bangladesh to address trade imbalance
New Delhi, Sept. 17 India’s decision to import eight million apparel articles in one calendar year from Bangladesh without any duty and conditionality of sourcing of fabric or port restrictions would go a long way in providing improved ... More

Alternative DEPB scheme soon: Minister
Coonoor, Sept. 17 The Commerce Ministry is working on an alternative Duty Entitlement Pass Book (DEPB) scheme. “It is in the final stage,” Union Minister for Commerce and Industry, Mr Kamal Nath, said but refused to ... More

Spices export target raised to $880 m
Coonoor, Sept. 17 The Spices Board is targeting an export turnover of $880 million this fiscal against $800 million last year. The Board has set a a target of $10 billion exportsby 2017. Addressing a technical session on Commodity ... More

‘Transaction value’ basis for export
The Finance Ministry has come out with export valuation rules under the customs legislation. The rules come into effect from October 10. The rules specify that “transaction value” would be the basis for valuation of exports. The Union ... More