The Hindu Business Line : Wednesday, October 10, 2007

NON-CONVENTIONAL ENERGY
‘Jatropha is a viable energy option’
Thiruvananthapuram, Oct. 9 The Minister for Electricity, Mr A. K. Balan, has said that jatropha cultivation and generation of biodiesel will go some way to deal effectively with the looming crisis on the energy front. The Minister said ... More

COURTS/LEGAL ISSUES
HC stay on Vizag land deal hailed
Visakhapatnam, Oct. 10 The Forum for Better Visakha and Samata, another NGO, have welcomed the stay issued by the Andhra Pradesh High Court on the allotment of land to the Vizag Knowledge City project at Kapulauppada by the Andhra Pradesh ... More

Dishonour of cheque: Acquittal of accused by magistrate not appreciable, says HC
In a criminal case pertaining to dishonour of cheques filed before the VII Metropolitan Magistrate, Chennai, the Madras High Court has ruled that if the complainant was not present before the Magistrate Court, it was incumbent upon the ... More

ECONOMY
OECD survey silent on agri reforms
More

S&P forecasts 8.6% GDP growth for 2007-08
Impact of high interest rates, rising rupee More

‘Economic growth could reach a sustainable 10%’
Govt has to pursue ambitious, wide-ranging reforms: OECD survey More

Govt hopes to wipe out revenue deficit in 2008-09
As per the Fiscal Responsibility and Budget Management, Act, the Government should reduce fiscal deficit to 3 per cent of the GDP by end of the 2008-09 financial year. More

No escape from a CRR hike
Suddenly, growth worries have surfaced – serious enough for the Finance Minister to call corporate and bank chieftains for a meeting. Banks were asked to take a soft line on interest rates. They will not find it easy to agree. Their ... More

Employment outlook for Q4 dips
Bangalore, Oct. 9 The TeamLease Employment Outlook report for the quarter October-December 2007 indicates a temporary dip in hiring needs with sectors like financial services, infrastructure, IT, retail, media and FMCG showing a marginal ... More

EXCISE AND CUSTOMS
Excise collections up 7.2% in September
The Centre’s excise duty collections grew 7.2 per cent on a year-on-year basis in September 2007 at Rs 10,186 crore as compared to collection level of Rs 9,498 crore recorded in the same month last year.The collection performance ... More

FOREIGN TRADE
‘Great potential to leverage synergies between India and Latin America’
We have two areas of serious interest with Latin America — energy security and food security. We have started investing in the oil and gas sector in the region. There is also a lot of potential in non-conventional fuels. More

HEALTH
Give infrastructure status to health sector: CII
The Confederation of Indian Industry has asked the Union Government to accord infrastructure status to the health care sector to help it attract investments.The infrastructure tag would help a number of hospitals to get the crucial ... More

PETROLEUM
Cairn starts further drilling in Cambay block
New Delhi, Oct. 9 Cairn India has started the infill development drilling programme in its producing Cambay Basin offshore block. This drilling programme in the block CB/OS-2 is to ensure that the company is able to maintain the existing ... More

PHARMACEUTICALS
Rupee appreciation takes toll on healthcare sector
Mid, small-cap rally triggered by FII money: Analysts More

POWER
NHPC signs pact with BHEL
More

TAXATION
Revenue from VAT below expectations in TN
Madurai, Oct 9 If the revenue from the value added tax (VAT) is not as expected, welfare schemes of the State Government would get affected. During 2006-07, the revenue has registered an increase of only 1 per cent against an expected ... More

SSI
Trend offers ‘Free Installation’
Network antivirus and Internet content security software services provider Trend Micro is offering ‘Free Installation’ support for its SMB products. The company has in a release said customers seeking such support could either call ... More

EDUCATION
SBP offers education loans online
State Bank of Patiala (SBP) has started offering online education loans facility under the SBP-Gyan Jyoti Scheme. The applicant (student, parent/guardian) can now apply online for education loans on a link provided in bank’s Web site. A ... More

‘Brand India needs to reconcile with realities’
Chennai, Oct 9 Is Brand India a myth or reality? If branding is about creating a myth around a product, India has quite successfully created a ‘brand’, but unless the reality and paradoxes of India covering its poverty, literacy ... More

Techtatva at Manipal
Techtatva ‘07 – the national-level technical festival of Manipal Institute of Technology (MIT) – is being held in Manipal. A press release said here that this event brings out the technical and innovative talents of the ... More

HCV/LCV/TRACTORS
Truck manufacturers look at raising prices
Rates may go up by anywhere between Rs 6,000 and Rs 30,000 More

MEDICAL & SURGICAL EQUIPMENTS
Hyderabad to host lab tech meet
Hyderabad, Oct. 9 Leading international manufacturers in the laboratory-technology sector such as Agilent Technologies, Analytik Jena, Dionex, Eppendorf, Merck, Mettler Toledo, Millipore etc. are expected to showcase the latest at Analytica ... More

READYMADE GARMENTS
Brand building in textiles important, says Plan panel
‘Not a single Indian brand recognised at the international level’ More

RURAL DEVELOPMENT
Unleash a rural revolution, says Pranab
New Delhi, Oct. 9 Mr Pranab Mukherjee, Minister for External Affairs, today called upon the nation to unleash a rural revolution by creating and empowering rural enterprises, enabling them to climb up the value chain and replicating rural ... More

ENTREPRENEURSHIP
5 banks in AP launch institute to develop entrepreneurship
Rural youth to be trained in emerging areas More

EXPORTS & IMPORTS
Kerala, Assam drag down tea production; exports up in Aug
Chennai, Oct. 9 Adverse weather conditions in Assam and Kerala have cast a negative effect on tea production so far this year, while exports tended to look up in August.Tea production during January-August this year has been estimated ... More

‘Manufacturing units hit by rising rupee, Chinese imports’
Impose dumping duty on China till they float yuan, says L&T chief More

ALTERNATIVE MEDICINES
IT co offers ayurveda package for employees
Thiruvananthapuram, Oct 9 It is an incentive of a novel kind. And the accent is on enhancing the fitness of the employees, marking a shift from the age-old practice of giving monetary incentives.Probably for the first time in the ... More