The Hindu Business Line : Friday, September 26, 2008

INDUSTRY & ECONOMY

HCV/LCV/TRACTORS: Tractor sales grow despite banks clamp-down on funds
New Delhi, Sept. 25 The curbs on financing by banks and financial institutions have not prevented the domestic tractor industry - the segment most heavily dependent on financing - from treading on the growth ...

ECONOMY: Cheaper essential items keep inflation rate static
Prices of cereals, pulses, sugar, edible oils post decline. New Delhi, Sept. 25 The country’s wholesale price index (WPI) based inflation for the week ended September 13 stood at 12.14 per cent, unchanged from the previous week, but much ...

INFRASTRUCTURE: Poor facilities await Sabarimala pilgrims this year too
Pampa Action Plan still remains on paper. Kochi, Sept. 25 Even as the beginning of next pilgrimage season is just seven weeks away, contrary to expectations no significant progress has been made so far in implementing the projects for the ...

INFRASTRUCTURE: Proposal for defence cluster near Pune
Pune, Sept 25 The city-based DEMA Manufacturers Association, consisting of small and medium enterprises engaged in manufacturing for Defence establishments, has proposed a defence cluster in Pune, as a public private ...

POWER: Wind power producers sore over TNEB action
Power cut on feeders linked to wind farms. Coimbatore, Sept. 25 At a time when Tamil Nadu is reeling under severe power cuts, the wind power producers in Coimbatore district are dismayed over the action of the Tamil Nadu Electricity Board (TNEB) ...

REGULATORY BODIES & RULINGS: SEBI to extend ASBA facility to rights issue
Available to retail investors, financial institutions. Mumbai, Sept. 25 The Securities and Exchange Board of India has decided to extend the ‘Applications Supported by Blocked Amount’ (ASBA) facility to rights issues. On a pilot ...

STEEL: Primary steel makers seek Ministry help to curb imports
Want DEPB revived to prevent inventories from piling up. New Delhi, Sept. 25 The table seems to have turned for the ...

STEEL: MAN Ind secures Rs 1,100-cr orders
MAN Industries (India) Ltd said it has secured orders worth Rs 1,100 crore in the current quarter. The company has received domestic orders from GAIL Ltd for over Rs 325 crore, besides orders from West Asian countries. MAN Industries ...

ECONOMY: ‘AP better positioned to attract investments’
Hyderabad, Sept. 25 Andhra Pradesh is better positioned to attract investments from the US despite the recent global economic slowdown, said Mr Ron Somers, President, US India Business Council (USIBC). “The visiting US delegation is ...

ECONOMY: Slowdown will cause decline in FDI flows this year: Unctad
New Delhi, Sept. 25 The UN Conference on Trade and Development (UNCTAD) foresees a perceptible decline in foreign direct investment (FDI) flows in the world economy in 2008, though developing countries would likely to be ...

PERSONAL PRODUCTS: Choppy market drives investors to take cover in defensive sectors
FMCG index managed to outperform the Sensex. Mumbai, Sept. 25 As the markets remain choppy investors seem to be taking cover in defensive shares such as the FMCG sector. While the Sensex has tanked close to 7 per cent in the past month, the FMCG ...

HEALTH: Global meet on human genomics starts tomorrow
Hyderabad, Sept. 25 The exciting possibilities which opened up following the sequencing of the human genome will be the central focus at the 13th International Human Genome Meeting 2008 of The Human Genome Organisation to begin in Hyderabad ...

HUMAN RESOURCES: Headhunters spot prospects in SEZs
Bangalore, Sept. 25 Special Economic Zones (SEZs) have infused a new zest into the headhunting ...

STANDARDS & BENCHMARKS: Quality contest for vendors
New Delhi, Sept. 25 With the objective of increasing cost competitiveness among its suppliers and in turn improving its own efficiency, Maruti Suzuki has organised a quality competition for its vendors. This is the first time that the company ...

REAL ESTATE & CONSTRUCTION: Discoms can share green building benefits
Mumbai, Sept. 25 The Bureau of Energy Efficiency is in talks with Electricity Regulators of States to see if some kind of benefit sharing could come about between power distribution companies and energy efficient buildings (green buildings), ...

EXPORTS & IMPORTS: Ban on milk products from China
New Delhi, Sept. 25 The Centre has banned the import of dairy products (including milk and milk products) from China with immediate effect for the next three ...

POWER: KSEB to be converted into company
The Kerala Government has decided to convert the Kerala State Electricity Board (KSEB) into ...

EDUCATION: Karunya University inks pact with Sun Microsystems
Coimbatore, Sept. 25 Sun Microsystems India and Karunya University, Coimbatore have signed an agreement under which faculty training and curriculam enhancing programmes would ...

INFRASTRUCTURE: User fee for Bangalore airport to be lower than Hyderabad’s
New Delhi, Sept. 25 Flying within India from Bangalore will soon be cheaper than from Hyderabad. Domestic passengers flying out from the new greenfield Bangalore could be charged a User Development Fee (UDF) of between Rs 230-260 as against ...

FOREIGN TRADE: India-Korea economic pact to push trade and investment
New Delhi, Sept. 25 India and South Korea on Thursday announced that all outstanding issues in the negotiations for forging the Korea-India Comprehensive Economic Partnership Agreement (CEPA) have been resolved smoothly, paving the way for it ...

ALTERNATIVE MEDICINES: Dhathri plans wellness clinics
Thiruvananthapuram, Sept. 25 The Kochi-based Dhathri Ayurveda Pvt Ltd is setting up a chain of wellness ...

INFRASTRUCTURE: Move to relax ECB cap ‘positive’
The increase in upper limit in external commercial borrowing will help infrastructure companies to source long term funds from global financial investors, said Mr Y.D. Murthy, Vice-President (Finance) of Nagarjuna Construction Company (NCC). ...

EVENTS: CII’s ‘iTalent’ contest
The road show for the fifth edition of the three-stage ‘iTalent’ contest, organised by the Confederation of Indian Industry (Southern Region), aimed at showcasing the computing talents of students in developing information ...