The Hindu Business Line : Thursday, January 31, 2008

ECONOMY
Bihar annual Plan fixed at Rs 13,000 cr
New Delhi, Jan 30 The annual Plan of Bihar for the next fiscal 2008-09 has been fixed at Rs 13,000 crore inclusive of additional Central Assistance of Rs 100 crore of projects of special interest to the state. This was agreed here at a ... More

RBI’s current priority: Containing inflation
No news is perhaps good news is how the banking circles here summed up their reactions to the maintenance of status quo by the RBI in the third quarter review of credit policy. Perhaps the monetary authorities, as the ... More

HEALTH
WALK campaign on arthritis
Bangalore, Jan. 30 ‘WALK’ is the name of a new initiative to take on arthritis and osteoporosis. The Arthritis Foundation of India (AFI) said the awareness campaign to prevent and manage the twin joint problems would start ... More

POWER
Reliance Power allotment by Friday
Mumbai, Jan. 30 Allocation of shares by Reliance Power Ltd, which has just completed its IPO, is expected by Friday, merchant banking sources said. An official with a book running lead manger said the allocation process would be ... More

SSI
Small industries’ body seeks package for SME sector
Kochi, Jan. 30 Kerala State Small Industries Association has urged the Union Government to evolve a financial package for the SME sector with lower interest rates compared to that prevailing in the developed nations. In a pre-budget ... More

‘CPCL should cater to wax demand in TN first’
The Chennai Petroleum Corporation (CPCL) should satisfy the demand for wax in Tamil Nadu first before sending it to other States, said Mr P.S .John, President, Madurai-Ramnad Candles Manufacturers Association.There are 2,000 units ... More

EDUCATION
Cabinet nod for Tamil institute
A Central Institute of Classical Tamil will be set up in Chennai, with the Chief Minister of Tamil Nadu, Mr M. Karunanidhi, as its ex-officio Chairman. The Cabinet on Wednesday approved a sum of Rs 76.32 crore to be spent on setting up the ... More

Globsyn biz school to open Ahmedabad campus in June
Ahmedabad, Jan. 30 Kolkata-based Globsyn Business School (GBS) will start its Ahmedabad campus with admissions in June this year to provide “industry-ready” manpower.From next year, GBS plans to open one campus each year in ... More

REAL ESTATE & CONSTRUCTION
Kerala panel to probe HMT land deal
Thiruvananthapuram, Jan. 30 The Kerala Cabinet has decided to constitute a high-level committee to look into the allegations levelled against the sale of land by public sector HMT to a Mumbai-based company for setting up a ‘cyber ... More

AVM Group property up for sale in Chennai
Chennai, Jan. 30 A 6.6-acre parcel of prime property belonging to the AVM Group is coming up for sale at Vadapalani, according to market sources.While not disclosing the details of the ownership, international property consultants, ... More

SCIENCE & TECHNOLOGY
ISBA meet from today
The annual conference of the Indian Science and Technology Entrepreneurs’ Parks and Business Incubators’ Association will begin in the city on Thursday. The three-day event will be hosted by Technopark Thiruvananthapuram, said Mr N. ... More

MINING & QUARRYING
100% FDI in titanium mining allowed
New Delhi, Jan. 30 The Government has permitted 100 per cent foreign direct investment (FDI) in mining and mineral separation of titanium bearing minerals and ores. The Cabinet on Wednesday has also accepted the hike in the limit for ... More

FOREIGN DIRECT INVESTMENT
FDI in commodity bourses to boost valuations
Mumbai, Jan 30 After mandating an autonomous status for commodity market regulator Forward Market Commission (FMC), the Union Cabinet on Wednesday allowed 49 per cent foreign direct investment (FDI) in commodity exchanges.Mr Kailash ... More

UTV among 34 FDI proposals cleared
New Delhi, Jan. 30 The Foreign Investment Promotion Board has cleared 34 proposals involving an investment of more than Rs 2,288 crore in diverse fields including information and broadcasting, telecommunications and urban ... More

Nod for Daimler jt venture plan deferred
New Delhi, Jan 30 The Government has deferred approval to a proposal by Daimler for a joint venture to make and sell commercial vehicles. The proposal was for up to 60 per cent stake in such a joint venture.The proposal had been ... More

RURAL DEVELOPMENT
Nabard asks NGOs to reach out to rural communities
Hyderabad, Jan. 30 The National Bank for Agriculture and Rural Development (Nabard) has asked non-governmental organisations (NGOs) to chalk out new plans in rural areas to increase incomes of farmers. Nabard organised a meeting with ... More

EXPORTS & IMPORTS
‘Spices export cannot be separated from domestic sales’
Mumbai, Jan. 30 Exports have without doubt been an important and integral part of our country’s spices sector, but the burgeoning domestic market cannot be lost sight of by staying overly dependent on overseas markets. “In ... More

TOURISM
Mangalore beach fest from Feb. 1
The Dakshina Kannada district administration will conduct a three-day ‘beach festival’ at Panambur near here from February 1. Addressing presspersons here on Wednesday, Mr M. Maheshwar Rao, Deputy Commissioner of Dakshina Kananda ... More