Business Daily from THE HINDU group of publications
Friday, June 13, 2008
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Markets (June 12)
BSE Sensex15250.20 (+64.88)
S&P CNX Nifty4539.35 (+15.75)
US Dollar42.89 (+0.01)


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INDUSTRY & ECONOMY

NON-CONVENTIONAL ENERGY
‘Investors can look forward to performance-based sops’
Renewable energy projects More

CHILDREN & PARENTING
Carrying the burden
Field study: A small boy ploughing the fields at Araku in Visakhapatnam district of Andhra Pradesh even as the world celebrated Anti-Child Labour Day on Thursday. Children in tribal areas have to trek long distances to reach school and are forced ... More

DOUBLE TAXATION TREATIES
Cabinet okays amendments to taxation pact with Syria
New Delhi, June 12 The Union Cabinet on Thursday gave its nod to the proposed amendments to the India-Syria double taxation avoidance agreement (DTAA). The existing DTAA is in force from 1985. Indian tax authorities have been looking ... More

ECONOMY
Markets make smart recovery on industrial growth data
Sensex swings 500 points intra day More

Mining boosts IIP in April
New Delhi, June 12 Riding on the high level of mineral production, the Index of Industrial Production (IIP) recovered to 7 per cent in April 2008 as compared to a low 3.9 per cent in the preceding month. However, it is still substantially ... More

Higher mineral production drives IIP growth in April
High level of mineral production pulled up the Index of Industrial Production (IIP) to seven per cent in April 2008 against a low 3.9 per cent in the preceding month. However, it is still substantially lower compared with 11.3 per cent in ... More

FERTILISERS
Uniform freight reimbursement policy for fertilisers cleared
New Delhi, June 12 The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved uniform freight reimbursement policy for all fertilisers.Explaining the new freight reimbursement policy, Dr J.S. Sharma, Secretary, Department of ... More

PETROLEUM
IOC plans mini liquefaction plants to exploit gas from marginal fields
Company examining various viability options More

POWER
AP: No power cuts in the coming days, says CM
Hyderabad, June 12 The Chief Minister, Dr Y.S. Rajasekhar Reddy, has said that there will be no power cuts in the coming days and has asked APTransco to purchase required power from outside the State to meet the demand. Reviewing the ... More

STEEL
NMDC may hike long term iron ore contract prices
Increase on basis of rise agreed by Japanese mills More

COAL
Coal India reduces floor price at e-auction
Kolkata, June 12 In an effort to maintain easy availability, Coal India has reduced the floor price for coal sold through e-auction. Beginning this month, the coal major has reduced the floor price at e-auction from 30 per cent over and above ... More

EDUCATION
Pride Group of Hotels sets up hospitality institute in Pune
Pune, June 12The Pride Group of Hotels, in collaboration with the S P Jain Foundation Trust has set up the Pride Institute of Hospitality and Business Management (PIHM) in Pune, to offer education to students opting for hospitality as a career ... More

ICAI plans course for ‘second tier of accountants’
Didn’t pass CA exams? Don’t worry. There is another way into accounting profession for you.Wanting to build a crop of “second tier of accountants”, the Institute of Chartered Accountants of India (ICAI) plans to ... More

CARS
Plug-in hybrid car project launched
Bangalore, June 12 The Bangalore-based RV Engineering College has developed a plug-in hybrid car project called “Chimera” in association with Reva, the electric car company.According to the project team, it involved ... More

MEDICAL INSTITUTIONS & HOSPITALS
US philanthropy fund invests in AyurVaid
Kochi, June 12 AyurVAID Hospitals, promoted by Kochi-based Kerala First Health Services Pvt Ltd, announced on Thursday equity investment of Rs 4.5 crore by Acumen Fund of the US, a non-profit venture philanthropy fund that invests in social ... More

REAL ESTATE & CONSTRUCTION
Pune builders, promoters launch realty fund
Pune, June 12The Promoters and Builders Association of Pune (PBAP) has announced the launch of realty fund, first of its kind in the country, PBAP Realty Investment Fund. Talking to presspersons, Mr Lalitkumar Jain, Chairman Kumar Builders and ... More

RURAL DEVELOPMENT
Urbanisation of rural India
More

HUMAN RESOURCES
NAC to train 50,000 workers
The National Academy of Construction (NAC) is aiming to train 50,000 people in 2008 in various construction trades. “We have been given this target by Chief Minister Dr Y S Rajasekhara Reddy and are confident of reaching ... More

EXPORTS & IMPORTS
Hyundai i10 exports cross 1 lakh units
New Delhi, June 12 Hyundai Motor India Ltd said that sales of its newly-launched compact car i10 touched 1,06,749 units in the overseas markets. The company said that it sold i10 in 98 countries in less than seven months of the launch. ... More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Ranbaxy-Daiichi deal

People's car

Other Top Stories
Urbanisation of rural India

NMDC may hike long term iron ore contract prices

Loan waiver to lift banks’ bottomline

Higher mineral production drives IIP growth in April

IOC plans mini liquefaction plants to exploit gas from marginal fields

‘We can snoop into Blackberry data’

Obama poised for historic journey

Process begins to finalise tariffs for 5 port projects

Looking back
Jun. 1-Jun. 7
About 40 cos to be part of CII green gases project

Essar’s Raniganj block likely to begin gas output by year-end

Coal India enters into firm pacts with most customers

Efficient ports boost GDP growth

Financial closure soon for Reliance Power project

Patel to meet PM on aviation fuel price

Better May sales figures drive up auto stocks

Orissa steel sector calls for speeding up rail, road projects

Imports from N. America to cost more, says Maersk

Legal tangle over DTH subscription offers

Auto cos smell an opportunity

‘Oil duties rejig to result in Rs 22,660-cr revenue loss’

‘Fiscal deficit likely to rise’

Airlines asked to report on impact of aviation fuel duty cut on fares

Essar Oil may go cautious on Vadinar unit expansion

Patents do not require big bucks

RBI fully geared to fight inflation

Indian students more aspirational, career focussed: Accenture

Powerful oil shock absorber

Margins on small cars may go down

FMCG cos plan to increase prices

‘India, China have no role in global food prices spurt’


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