The Hindu Business Line : Friday, April 04, 2008

AES-Riverstone venture may target solar projects in India
New Delhi, April 3 US power major AES Corp and private equity firm Riverstone Holdings LLC, which have firmed up plans to jointly invest up to $1 billion in photovoltaic solar projects around the world over the next five years, are keenly ... More

The power of the sun is ready to be tapped
I would put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait till oil and coal run out before we tackle that.- Thomas EdisonThat is a telling ... More

DOUBLE TAXATION TREATIES
India, Myanmar sign pact to avoid double taxation
Will boost investment, trade flow, provide tax stability to residents More

COURTS/LEGAL ISSUES
Needed, legal strategy to protect innovations
More

ECONOMY
Infrastructure sector posts 8.7% growth in Feb
New Delhi, April 3 High growth in the production of coal, power and cement pulled up the Index of Industrial Production (IIP) for infrastructure to 8.7 per cent in February 2008 as against 7.6 per cent in February 2007, reviving hopes that ... More

EXCISE AND CUSTOMS
Deora urges PM to cut customs duty on crude oil
Oil firms incurring revenue loss of about Rs 450 cr a day on fuel sales More

P.C. Jha is now CBEC chairman
More

HEALTH
DIET DOS
Savour your weight loss
Eat right to lose weight More

INFRASTRUCTURE
Hind Terminals to start pvt train service to Kochi port
Samsara Group may start service from Bangalore in May More

POWER
NHPC plans IPO in second quarter
New Delhi, April 3 National Hydroelectric Power Corp Ltd (NHPC) plans to launch an initial public offering in the second quarter of the current financial year. “We will be going to the market shortly. We are planning an IPO during the ... More

STEEL
Steel producers not inclined to cut prices on rising input costs
New Delhi, April 3 Major steel producers today made it clear to the Government that they are not in a position to reduce prices of primary steel products (hot-rolled coil) because of steep hike in input costs during the past one year. They ... More

SSI
IT spend by small, medium cos set to rise 22%: Study
Small and medium businesses (SMBs) in India are expected to spend $9.7 billion on IT in 2008. This would be an increase of 22 per cent over their IT spend in 2007, according to the New York-based Access Markets International (AMI) Partners, ... More

Foundry cluster to benefit small engg units
Rs 60-crore Coindia project provides infrastructural facilities More

EDUCATION
Osmania University to offer M.Tech in disaster management
Hyderabad, April 3 The Osmania University (OU), Hyderabad, has decided to offer an M.Tech in disaster management from the academic year 2008-09.The course, the first such to be offered in the country, will be for two years and have an ... More

ICAI council nod for ‘accounting technician’ course
The huge demand for second tier accounting personnel in industry and services sector has prompted the Institute of Chartered Accountants of India (ICAI) to launch a new curriculum for rolling out ‘accounting ... More

CARS
Clarification
With reference to the table in the report ‘Vehicle sales in March head north’, published in the edition dated April 2, it is clarified that the figures for Maruti Suzuki pertain to the compact car ... More

GEMS & JEWELLERY
Direct rough diamonds import from Africa likely
Move will cut middlemen, says Jairam Ramesh More

REAL ESTATE & CONSTRUCTION
Construction of non-IT office space on the rise
Getting office space still not a problem in Kolkata More

Sahara enters Kochi real estate market
Launches Sahara Grace brand of residential complex More

FOREIGN DIRECT INVESTMENT
Kerala urges Centre to reject Plan panel’s recommendations
Thiruvananthapuram, April 3 The Kerala Chief Minister, Mr V.S. Achuthanandan, has come down heavily on Planning Commission’s recommendations for opening up health, education, banking, insurance and retail sectors to private and foreign ... More

IPR
31 regional products get GI protection in 2007-08
New Delhi, April 3 More Indians are attempting to legally protect the uniqueness of products originating from their regions in order to save their commercial interests from copy-cats. This is clear by the registration of 31 such ... More

HUMAN RESOURCES
‘Soft skills as important as hard skills’
Chennai, April 3 Interpersonal skills, business etiquette, team spirit, social graces, negotiation skills and behavioural traits such as attitude, motivation and time management are the essential soft skills needed in a globalised world, ... More

EXPORTS & IMPORTS
Tea exports to traditional markets fall
Tea shipments fell in all the traditional markets even as no new major foothold was gained in any market in calendar 2007, an analysis of the latest information available with the Tea Board shows. The country’s exports fell to ... More

PEOPLE
Kiran Karnik joins EMRI board
Mr Kiran Karnik, former President of Nasscom, has joined the governing board of Emergency Management and Research Institute (EMRI) as a member and advisor. EMRI, a non-profit organisation, has been providing comprehensive emergency response ... More