The Hindu Business Line : Thursday, June 26, 2008

NON-CONVENTIONAL ENERGY
German co to set up solar testing lab
The 136-year-old TUV Rheinland, global service provider for quality testing and certification, is set to establish its fourth testing laboratory facility focused on solar technologies in India. “Our target is to set up the ... More

AUTOMOBILES
No subsidies for hybrids, many for electric vehicles
New Delhi, June 25 Auto companies planning to launch hybrid cars will not get any subsidies from the Government considering the cost of the car and fuel efficiency that it offers. A top Government official from the Ministry of New and ... More

ECONOMY
Railways hikes freight charges by 5-7%
Goods include ores, petro-products, fertilisers, foodgrains More

‘CRR, repo rate hike will curb inflation’
New Delhi, June 25 The Finance Ministry on Wednesday said that the latest monetary measures of the Reserve Bank of India are expected to have a “salutary effect” on inflation. It also noted that the RBI’s move to ... More

INFRASTRUCTURE
SEZ stop-work orders withdrawn, Goa tells HC
Panaji, June 25 The Goa Government on Wednesday informed the Bombay High Court in Goa that it has withdrawn the ‘stop-work’ orders issued by it earlier in favour of the notified SEZs in Goa. This was stated by the Goa ... More

PETROLEUM
Govt asks Reliance to supply KG gas first to urea plants
LPG plants, existing power plants next in priority More

Will price-band idea work?
The Finance Minister, Mr P. Chidambaram, has mooted a system of price band that purportedly would work to the mutual advantage of the oil exporting and oil importing nations. The broad contours of the proposal are the exporting nations would give ... More

PHARMACEUTICALS
Ozone Group launching drugs at 50% lower price
No compromise on quality, says CMD More

POWER
Impasse on nuclear deal continues
New Delhi, June 25 With no visible tempering down of differences over the Indo-US nuclear deal, there seems to be little scope for a compromise between the UPA Government and its Left allies. However, at a meeting of their joint panel on the ... More

TAXATION
Net direct tax collection rises 43% up to June 21
New Delhi, June 25 The Centre’s net direct tax collections have recorded growth rate of 43.45 per cent up to June 21 this fiscal at Rs 49,411 crore. While corporate tax collections for the period under review grew by 39.81 per ... More

Entertainment tax cuts in Delhi to benefit PVR
Margins could get a boost More

SSI
Clay pipe industry looks at new opportunities to survive
Hyderabad, June 25 It is a do-or-die situation for the Rs 480-crore clay pipe (stoneware pipe) industry in the country. Despite the unbeatable advantage of longevity, particularly in the sewerage systems, the industry is struggling to ... More

Corrugated box makers’ stir over input price rise
Hyderabad, June 25 The Corrugated Box Manufacturers’ Association across the country has called for a three-day strike from June 29 to July 1 to protest what they described as irrational increase in the cost of key raw ... More

RADIO/TV
ESPN told to revise inter-connect offer terms
New Delhi, June 25 The Telecom Regulatory Authority of India has directed broadcaster ESPN Star Sports to remove the condition that Direct to Home (DTH) operators carry its channels in their entry level, or basic tier bouquet. It has ... More

EDUCATION
Aerospace tech institute opened in Hyderabad
Courses in aircraft maintenance, aeronautical engg More

RPG group seeks land to set up school
More

REAL ESTATE & CONSTRUCTION
Flashy splash
More

INDUSTRY ASSOCIATIONS
Chambers say inflation largely supply-driven
New Delhi, June 25 In response to the hike in the cash reserve ratio, (CRR) and the repo hike by 50 basis points on Tuesday, the industry chambers shared a consensus that inflation was mainly due to the supply situation of various commodities ... More

SCIENCE & TECHNOLOGY
National Aerospace Labs scouting for partners in civil aircraft project
Bangalore, June 25 National Aerospace Labs is looking for domestic and international partners for its dream civil aircraft project, the RTA-70, which it has proposed to the Government.The 70 to 90-seater turbo propeller-powered regional ... More

ALTERNATIVE MEDICINES
Vaidyaratnam group unveils expansion plans
The Thrissur-based Vaidyaratnam group, traditional practitioner and retailer of ayurvedic medicines, has chalked out ambitious expansion plans by infusing a capital investment of Rs 8 crore in the current financial year. The expansion ... More