The Hindu Business Line : Sunday, September 28, 2008

INDUSTRY & ECONOMY

ENVIRONMENT: Govt halts work at Dow Chem site in Pune
Pune, Sept. 27 The Maharashtra Government has issued orders to stop construction work for a month on research and development centre being set up by Dow Chemicals International Pvt Ltd ...

TERRORISM: Yet another bomb blast in the Capital
1 killed, 18 injured at Mehrauli flower market. New Delhi, Sept. 27 After a gap of a fortnight, the national Capital was again the target of terror. A bomb blast in a flower market in South Delhi on Saturday afternoon claimed the life of a young ...

EXPORTS & IMPORTS: ‘India to depend on edible oil imports for 3-4 yrs’
Agri products’ support price hiked to encourage crop cultivation. Mumbai, Sept. 27 India will be dependent on imports of edible oil for the next three to four years and will contend with price volatility in the international markets, said ...

REAL ESTATE & CONSTRUCTION: Bangalore eyes resale market
With prices in the primary market in Bangalore reaching never-seen-before rates, genuine home-buyers are seriously looking at the secondary, or resale market, for that ...

REAL ESTATE & CONSTRUCTION: Low-cost housing, a la Laurie Baker
Rising interest rates, flare-up in steel and cement prices and consequent rise in housing costs have forced the middle- and low-income groups to postpone plans to purchase or construct that dream ...

PETROLEUM: ‘Gas grid will benefit 8 cr people in 70 cities’
Each city likely to have investment of $50-200 m. Vadodara, Sept 27 About eight crore people across 70 cities in India are expected to benefit from the ongoing development of the 8,000-km national gas grid, Mr B.S. Negi, Member, Petroleum and ...

STANDARDS & BENCHMARKS: Lucas-TVS team wins contest
An all-women team of Lucas-TVS, Puducherry, has won a competition for Quality Circles, held by the Maruti Suzuki Supplier Welfare Association. Eleven teams comprising people drawn from shop-floor and middle management levels took part in the ...

INFRASTRUCTURE: Hyderabad Metro project gets US authority boost
Hyderabad, Sept. 27 The Hyderabad Metro Rail (HMR) project has received a morale-boosting support from one of the most unexpected quarters — the US Federal Transit ...

PHARMACEUTICALS: ‘Relax export norms to tap global clinical R&D market’
Clinical studies outsourcing estimated at $1 b by 2010. Hyderabad, Sept. 27 There is a need to relax the norms pertaining to export of body fluids and test samples to cash in on the huge opportunity in contract research and clinical trails, ...

POWER: DVC, Tata Power likely to form joint venture for running thermal plants
Kolkata, Sept. 27 Damodar Valley Corporation (DVC) may entrust the responsibilities of operation and maintenance (O&M) of its upcoming super critical thermal power stations to a joint venture with Tata ...

RURAL DEVELOPMENT: Banks told to support rural job guarantee scheme
Thiruvananthapuram, Sept. 27 Banks in the district have been asked to support the National Rural Employment Guarantee Scheme (NREGS) by opening hassle-free savings ...

EVENTS: Weekly News Round-up
Washington Mutual, the 119-year old US banking institution, on Friday, filed for bankruptcy protection under Chapter 11 after selling its banking operations to JPMorgan Chase. Washington Mutual, which has assets of over 300 billion dollars, is ...

PHARMACEUTICALS: ‘India, China pharma cos need to leverage knowledge capital’
Hyderabad, Sept. 27 Pharmaceutical companies in emerging markets such as China and India need to leverage their knowledge capital in view of the difficulty in sustaining heavy costs involved in drug discovery research, according to Mr ...

TEXTILES: Seminar on investment opportunities in technical textile industry
Coimbatore, Sept. 27 The Confederation of Indian Industry in association with the South India Textile Research Association, Textile Committee, Ministry of Textiles, Knit Cloth Manufacturers Association and Tirupur Exporters Association ...

RURAL DEVELOPMENT: Initiatives on sustainable growth
ITC forges business models focused on rural India. New Delhi, Sept. 27 The stalemate in Singur over the proposed auto plant to be put up by Tata Motors and the resistance of farmers in refusing to vacate their lands acquired by the State ...

INVESTMENTS: Retirement portfolio: Applying human capital for optimal asset allocation
Retirement planning is a process that enables a person to enjoy the desired post-retirement lifestyle. The retirement investment portfolio is custom-tailored to suit the objectives of the person concerned. Often, retirement planning does not ...