The Hindu Business Line : Thursday, May 15, 2008

CEMENT
Cement firms agree to cut prices
In response to the Government pressure, cement companies on Wednesday agreed to cut prices in the range of Rs 3-7.5 a 50-kg bag in certain States, to bring uniformity across the country. The rate cut would come into effect immediately, the ... More

ECONOMY
Secondary steel makers cut prices by Rs 4,000/tonne
Cos to hold prices for three months More

Indian economy to outperform China by 2010: Montek
The Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia, on Wednesday said that the Indian economy is at par with the Chinese economy and is expected to outperform it by 2010.He said that while India was a country driven ... More

India drops in competitiveness index
Infrastructure scores low; among top 5 in GDP growth, resilience markers More

Moody’s sees slowing of GDP growth to 7.7% this fiscal
Outlook on foreign, local currency govt ratings for India stable More

ENVIRONMENT
Ornamental fish may get green certification
To tie up with Project Piaba; likely to increase value of exports More

EXCISE AND CUSTOMS
Customs duty revenues up 24.9%
The Centre’s customs duty revenues have recorded a 24.9 per cent increase in April 2008 to Rs 9,018 crore compared with collections level of Rs 7,221 crore recorded in the corresponding period last year. An official release said that excise ... More

HOTELS
Luxury tentaccommodation
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INFRASTRUCTURE
AP intends to join inter-State industrial corridor
Concept meeting scheduled for today More

PETROLEUM
Cash crunch tells on IOC investment plans
Part of retail expansion proposal put on hold More

POWER
PFC signs MoU with US Ex-Im Bank
State-owned lending major Power Finance Corporation (PFC) on Wednesday announced the signing of a memorandum of understanding with Ex-Im Bank of the US, under which the latter will support US exports for power projects in India, including ... More

SSI
Guidelines for mini tool rooms likely by June
Hyderabad, May 14 The guidelines for setting up of mini tool rooms across the country on a public private partnership (PPP) mode being formulated by the Ministry of Micro, Small and Medium Enterprises is likely to be finalised by early ... More

TRAVEL & PLACES
‘Migration to Canada easier now’
Changes mooted recently in the Canadian immigration laws and fresh provisions pertaining to easing of work permit conditions for international students in Canada are proving to be of immense advantage to prospective Indian immigrants who want ... More

WATER
Kolkata Municipal Corpn to invite bids for water meters
The Kolkata Municipal Corporation will float tenders for installation of water meters within the next 7-10 days, the Mayor, Mr Bikash Ranjan Bhattacharya, said here on Wednesday. Speaking at a press conference organised by the Bengal ... More

TERRORISM
Blast effect
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RADIO/TV
Discovery Channel airs new series
More

‘Sports, regional channels lose viewership to IPL’
Mumbai, May 14 With IPL viewers coming across genres, sports and regional general entertainment channels (GECs) together lost 71 per cent viewership to the tournament’s league matches, states a report by IMX (Indian Media Exchange), the ... More

EDUCATION
Afras Academy inaugurated
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New programme for spoken English
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MEDICAL INSTITUTIONS & HOSPITALS
CARE hospital in Gujarat
CARE group of hospitals has built a 110-bed multi-specialty hospital in Surat (Gujarat) with an investment of Rs 25 crore. Mr Narendra Modi, Gujarat Chief Minister, would inaugurate the hospital at Athwa Gate Circle on Thursday, a press release ... More

REAL ESTATE & CONSTRUCTION
HTL may lose over Rs 100 cr in land deal issue
HTL stands to lose over Rs 100 crore on its land deal if the Tamil Nadu Government follows through with its decision to ‘purchase or take back’ the land that the company had sold in auction to a developer.HTL, formerly ... More

SCIENCE & TECHNOLOGY
NSTL plans facility to study wave dynamics
Visakhapatnam, May 14 The Naval Science and Technological Laboratory (NSTL) here is setting up a new facility at a cost of Rs 100 crore to study the impact of waves on ships and the work on the project will begin soon, according to Dr V. ... More

ILS, Baker Heart Institute tie-up
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CINEMA
IPL proves to be dampener for film industry hopes
More

Telugu film industry’s plea to Govt on ticket charges
Realising the damage done by the Government Order (GO) that allowed them to charge more for tickets in the first two weeks of a film’s release, the Telugu film industry has asked the Andhra Pradesh Government to withdraw the order ... More

FOREIGN DIRECT INVESTMENT
Vodafone Essar seeks FIPB nod for investment in tower co
New Delhi, May 14 Vodafone Essar Ltd has sought Foreign Investment Promotion Board (FIPB’s) approval for investment in Vodafone Essar Infrastructure Pvt Ltd (VEIPL), its proposed wholly owned subsidiary to provide tower infrastructure ... More

EVENTS
‘Aptitude tests provide clues to candidate’s problem-solving ability’
A large chunk of the student community today yearns for a job in a multinational IT or ITeS company that will earn them Rs 25,000-Rs 30,000 per month upon graduation.However, it has been estimated that the top eight IT companies (where ... More