The Hindu Business Line : Thursday, March 27, 2008

FOREIGN TRADE
India, Brazil aim for $10 b trade in three years
New Delhi, March 26 Aiming for more than three-fold increase in bilateral trade to $10 billion in three years, India and Brazil on Wednesday discussed ways to help developed world cope with the economic slowdown. At a meeting between ... More

New Zealand for free trade pact
New Zealand has initiated the process for negotiating a free trade agreement (FTA) with India. Leading a business delegation to India, Mr Jim Anderton, Minister for Agriculture, Fisheries and Forestry, said “The response for the FTA call ... More

HEALTH
Scope for PET scans in Chennai
Chennai, March 26 There are a few tests to determine whether a person has cancer or not, but of them all, Positron Emission Tomography (PET) is the surest shot. With a combination of PET and CT scan, a doctor can pinpoint all the ... More

PETROLEUM
ONGC, Hinduja Group may sign Iran deal next month
New Delhi, March 26 ONGC, along with its partner the Hinduja Group, hopes to sign an initial agreement to help develop two huge oil and gas fields in Iran sometime next month. “The next meeting with the Iranians on joining South ... More

Crude output rises 2.3% in Feb
New Delhi, March 26 The country’s crude oil production increased 2.3 per cent and natural gas output rose 4.7 per cent in February compared with the same month last year. The refinery output was up 5.8 per cent due to rise in domestic ... More

STEEL
Ferro chrome exporters see scope to garner larger pie of global market
S. Africa, major source for the metal, hit by power crisis More

TEXTILES
NTC gets ‘resounding response’ for partners to run mills
New Delhi, March 26 The latest move by the National Textile Corporation (NTC) seeking joint venture partners to run a dozen mills has evoked ‘resounding response’ from nearly 68 bidders from the private sector. This comes close on ... More

‘Textile exporters opted for derivatives to beat interest cost’
Coimbatore, March 26 A good number of textile exporting companies in Coimbatore, Tirupur and Karur that have opted for cross currency swaps have done so using foreign exchange derivatives as a tool to bring down their cost of ... More

WATER
Making a point
More

RADIO/TV
‘Mobile phone radio offers revenue-earning opportunity’
Mumbai, March 26 While private FM radio currently earns only Rs 600 crore in advertising revenues, there is a significant revenue-earning opportunity in monetising mobile phone radio, according to Mr Pankaj Sethi, President, Value-Added ... More

REAL ESTATE & CONSTRUCTION
L J Hooker opens office in Gujarat
Ahmedabad, March 26 Australian real estate consultancy major L J Hooker (LJH) on Wednesday opened Gujarat’s first business franchisee office here to tap the emerging demand for professional property management, particularly in the ... More

MINING & QUARRYING
Mineral policy to focus on infrastructure growth
Hyderabad, March 26 The National Mineral Policy (NMP), which is expected to bring in fresh investments in the mining sector, is likely to be placed before Parliament for its approval soon.“The NMP, which was recently cleared by ... More

RURAL DEVELOPMENT
DoT to allow niche operators in rural areas
New Delhi, March 26 Changing its stance, the Department of Telecom may agree to allow niche operators specifically for providing services in the rural sector. DoT has asked the telecom regulator to suggest the policy guidelines under which ... More

HUMAN RESOURCES
CII for ‘mission on skills’ with UK
Chennai, March 26 The Confederation of Indian Industry has proposed a partnership with the UK for developing a ‘Mission on Skills’ during a meeting with the UK’s Prime Minister, Mr Gordon Brown, according to a press release ... More

TRADE & LABOUR UNIONS
Defence workers resent pay panel proposals
Hyderabad, March 26 The All-India Defence Employees Federation (AIDEF) has called upon all the defence employees to protest the adverse recommendations of the Sixth Central Pay Commission (CPC). “We demand the Government to immediately ... More

EVENTS
‘Develop new management styles’
Kochi, March 26 Rapid technological advances and globalisation have sprouted new economic opportunities for India. Management experts attending Praxis 08 at the MES College of Engineering at Kuttipuram said that to exploit these new-found ... More