The Hindu Business Line : Saturday, July 12, 2008

ECONOMY: Industrial growth slumps to 3.8% in May
Manufacturing, electricity generation pull down growth. New Delhi, July 11 Industrial output slumped to its lowest level in over six years during May 2008, growing 3.8 per cent on an annual basis as against a healthy 10.6 per cent growth ...

POWER: BHEL-NTPC joint venture to firm up biz plan
New Delhi, July 11 The joint venture company formed by state-owned equipment firm Bharat Heavy Electricals Ltd (BHEL) and power major NTPC Ltd is expected to firm up its business plan shortly. ...

TOURISM: Volvo Ocean Race stopover at Kochi to cost Rs 30 crore
Mumbai, July 11 The consortium formed by Cochin Port Trust and Kerala State Tourism Department expect that the ten-day event in connection with the stopover of Volvo Ocean Race would cost about Rs 30 crore. ...

EVENTS: Lesson to India Inc: Innovate, innovate
The key drivers for global competitiveness over the next ten years would be connectivity, convergence, cost of technology and communities forming across the world, says the management guru Prof C.K. Prahalad. ...

EXPORTS & IMPORTS: $2 m tea export order from Russia
A $2 million export order for supplying teas from North Bengal to Russia was signed here on Thursday, according to a press release issued by the Confederation of Indian Industry. The first consignment in July will be shipped by K B Tea Pvt Ltd ...

FOREIGN TRADE: High tariff barriers make India’s business environment ‘poor’: Report
New Delhi, July 11 India ranked 120 out of 178 countries in business environment, according to the ‘World Trade Indicators 2008’ report released at a joint seminar by FICCI and World Bank on Friday. The assessment lambasted the ...

CO-OPERATIVES: Consumerfed draws up Rs 175-cr expansion plan
The Kerala State Cooperative Consumers Federation (Consumerfed) has drawn up a project with an outlay of Rs 175 crore for strengthening and expanding its ...

INFRASTRUCTURE: Make Bangalore airport bigger, promoters told
New Delhi, July 11 The Ministry of Civil Aviation has written to the promoters of the new airport in Bangalore pointing out that the project has to become bigger in size so as to handle the growing volume of passenger ...

EXPORTS & IMPORTS: HC allows export of 2,000 tonnes maize
Chennai, July 11 The Karnataka High Court on Friday allowed the export of 78 containers (2,000 tonnes) of maize (corn) by Mysore Mercantile Company Ltd, pending a final order on a writ filed by the firm seeking permission to export three maize ...

PETROCHEMICALS: Two to three petrochem investment regions could get clearance this fiscal
Hyderabad, July 11 The Union Government could give clearance for creation of two or three Petroleum, Chemicals and Petrochemical Investment Regions (PCPIRs) by the end of the current financial ...

EDUCATION: Kerala B-school to move into own campus next year
Thiruvananthapuram, July 11 City-based Asian School of Business will move into its own campus in the second half of next year. The B-school, which currently operates out of leased space in Technopark Thiruvananthapuram, will move to a 16-acre ...

HUMAN RESOURCES: ‘Australia needs agency to hire skilled people’
Chennai, July 11 If Australia is keen on attracting skilled people from India, should it not have a certifying agency here to select potential candidates, asked a participant at meeting of the Indo–Australian Chamber of Commerce and ...

TEXTILES: ‘Power shortage in TN to blame for textile mills woes’
Coimbatore/Chennai, July 11 The cotton textile industry is not surprised that it is among the laggards as far as the IIP (Index of Industrial Production) numbers are ...

TEXTILES: Conference on textiles

INCOME TAX: I-T Dept to open special counters

SCIENCE & TECHNOLOGY: Robotic contest on August 30-31